Chase Deed In Lieu Of Foreclosure All Locations : Nationwide Real Estate Advice

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Showing results for Chase Deed In Lieu Of Foreclosure [Clear search]
Peggie Franc…, Real Estate Pro in Fort Myers, FL
Peggie Francis answered:
Are we just wasting our time?
Sadly in short sale situations the banks are in control. Anything could happen - right up until the day of closing.
Cash is king - especially if the bank gets their price. Financing c ... more
0 votes Share Flag Thu Dec 15, 2011 Home Buying in Fort Myers
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Do you think that web sites like Trulia are simply wasting peoples (buyer and Realtor) time by not sub labeling their properties search browser.?
Keep in mind that various sources feed into the different sites, and if the information is not updated from the feeding source, inaccuracies may occur; since you state that you began yo ... more
0 votes Share Flag Wed Dec 7, 2011 Home Buying in Tampa
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Military PCSing from Temecula to Hawaii, upside down in house purchased in Sept 06 and we have to move. Wh ...
Hi Cnt,

If you do not want to keep the house as a rental - or cannot afford to, a short sale would be your best option. (As opposed to a Foreclosure). I would be more than willing ... more
0 votes Share Flag Thu Dec 15, 2011 Home Selling in Temecula
Jason Statton, Real Estate Pro in Seminole, FL
Jason Statton answered:
How long does a home be listed before it qualifies as 'unsellable' per ... criteria for a deed-in-lieu reposession? ...
Why not a short sale? Deed in Lieus are very difficult to obtain. I have obtained 1 Deed in Lieu over my 14 year career in real estate. If you are short selling, keep dropping the price ... more
0 votes Share Flag Sat Nov 12, 2011 Foreclosure in Titusville
Edyta Gryc, Real Estate Pro in Naperville, IL
Edyta Gryc answered:
waiting on forecloser after loosing my job.owed 287000/but now county assessment of only 179000,will they ...
You should contact your lender and ask for a loan modification.
Good luck!
0 votes Share Flag Wed Nov 16, 2011 Home Buying in Cape Coral
Debra B Albe…, Real Estate Pro in Port St Lucie, FL
Debra B Albert PA answered:
I have received an act 91 notice in july we pay pmi fees and have moved out my lawyer says to rent out the h ...
Your should list your property as a short sale right away. It is the best solution for your credit scores and the quickest financial recovery. If you have stopped making your house p ... more
0 votes Share Flag Fri Nov 4, 2011 Foreclosure in 33141
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Do I talk to both lenders to get a deed in lieu of forclosure when I have a first and second mortgage? ...
In order to best protect yourself, do consult with an attorney who specializes in real estate beforehand; to consider--is a short sale an option...
0 votes Share Flag Tue Jul 10, 2012 Foreclosure in Glen Ellyn
David Allen…, Real Estate Pro in Sunnyvale, CA
David Allen Rivas answered:
My house is 200k underwater.I'm in process of loan mod. No communication, Chase scheduled to auction t ...
You do have options. You can let them Foreclose, you can ask for a deed in lieu of foreclosure or you can do a short sale. Call a CDPE in your area. I am a CDPE here in Sunnyvale. W ... more
0 votes Share Flag Sat Oct 15, 2011 Foreclosure in Birdland Neighbors
Michael Emery,  in Minneapolis, MN
Michael Emery answered:
How do you decide if you should do a short sale or not?
Your friend would have to prove hardship to the bank in order for the bank to approve a short sale. Just being underwater is not considered a hardship by most lenders. If your friend is ... more
0 votes Share Flag Thu Jan 5, 2012 Foreclosure in San Jose
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
My husband and I filed bankruptcy which has been great, however Sun Trust still ... the deed how do we get our names removed? ...
At this point it's in your best interest to consult with your attorney; he/she can better advise...
0 votes Share Flag Mon Sep 19, 2011 Foreclosure in Port Saint Lucie
Emily Knell, Real Estate Pro in Huntington Beach, CA
Emily Knell answered:
Walked away from my house 3 yrs ago and filed BK on it which cleared. It's gone to auction 3 times now BofA wants us to have vacancy ins. Any?
I don't know why the property has 'gone to auction 3 times' without the property reverting back into the banks' own inventory, that sounds odd to me.

If the bank ... more
0 votes Share Flag Sun Sep 11, 2011 Foreclosure in 90403
Daniel Sando…,  in Long Beach, CA
Daniel Sandoval answered:
House is 40% underwater. We can afford payments, but PITI is 36% of net income. Would love advice on best e ...
Hello i suggest to do a short sale but keep current. Certain banks do allow a short sale even current as long is there a good hardship involve. The 2nd lien was used as purchase money s ... more
0 votes Share Flag Sat Sep 7, 2013 Foreclosure in 90807
Eli Givoni-S…, Other/Just Looking in Boca Raton, FL
Eli Givoni-Short Sale Dept LLC answered:
My HOA just placed a lien on my house that I have not live for 2 years now. Should I pay it or just wait for for them to foreclose on my house?
You should do a short sale and keep foreclosure off your credit. Why wait for either BOA or the HOA? Feel free to call anytime and I can explain the process to you.

Eli Givoni, Dir ... more
0 votes Share Flag Wed Sep 21, 2011 Foreclosure in San Ramon
Kami Stock,  in Boise, ID
Kami Stock answered:
If there are co-owners (husband, wife and son) must all reside in a Freddie Mac home within 60 days? Husband ...
I work with a team that lists Fannie Mae bank owned properties on a daily basis and I believe Freddie Mac uses the same guidelines. As long as at least one person on the deed is living ... more
0 votes Share Flag Mon Jul 11, 2011 Foreclosure in Boise
Brian Flock, Real Estate Pro in Carlsbad, CA
Brian Flock answered:
Denied HAMP loan mod and have a foreclosure date of June 7th. I owe just under $300,000 though Chase say ...
It really sounds like a short sale could be an option but you are VERY short on time, especially for such a low sale.

However, if you can find an agent to list it right away, they ma ... more
0 votes Share Flag Sun May 15, 2011 Foreclosure in Forestville
Newman Realty, Real Estate Pro in Chicago, IL
Newman Realty answered:
I have been trying to have my house foreclosed on by chase and someone there told the att. to put a hold on t ...
Your bank is under no obligation to foreclose. If they believe you have assets you're hiding or otherwise should be kept on title and not foreclosed on they will do so.

I have a $1, ... more
0 votes Share Flag Mon Dec 9, 2013 Foreclosure in Chicago
Lenny Frolov, Real Estate Pro in Brooklyn Park, MN
Lenny Frolov answered:
I have the 20% down on a newer home. The problem is i still have a mortgage on my current home. I actually owe more now than what its worth. For he
The banks have caught onto this method and have taken steps to prevent you getting a loan if they think you may be at jeapordy of letting your other house go. One of the main steps is t ... more
0 votes Share Flag Fri Dec 14, 2012 Home Buying in Maplewood
Peter Kedzior, Real Estate Pro in Elk Grove Village, IL
Peter Kedzior answered:
My husband and I lost our home to foreclosure about 12 months ago because the bank wouldn't work with ...
I think it would be much easier and less painful if your dad bought this property as his second home (most likely, at least 20% down payment would be required) and then sold it to you w ... more
0 votes Share Flag Mon Mar 21, 2011 Financing in Chicago
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
I cannot afford my payment anymore, what are my options?
Alex,
Options include renting it out, doing a short sale, bankruptcy, doing a deed in lieu of foreclosure or walking away in a straight foreclosure. To fully understand the ramificat ... more
0 votes Share Flag Sun Sep 23, 2012 Foreclosure in Yucca Valley
Zina Rodenbe…, Real Estate Pro in Marble Falls, TX
Zina Rodenbeck answered:
we need to sell our home! we bought it at 50,000 and now owe 42,000 two years ago. my husband joined the military a month after we bought it.
Desiiree,
If you owe more than your home will sell for, you may be looking at a short sale option. Why do you think your home is not worth what you now owe on it? You need a Realtor in ... more
0 votes Share Flag Tue Jan 25, 2011 Home Selling in Texas
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