How Much To Offer On Foreclosed Home All Locations : Nationwide Real Estate Advice

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Shannon Ande…, Real Estate Pro in San Diego, CA
Shannon Anderson answered:
Is it absolutely a requirement to put down 20%?
if you are asking about buying a home, the answer is no. If you are asking about buying and not having MI, then you should talk to a lender, but my understanding is yes.
0 votes Share Flag Fri Mar 22, 2013 Home Buying in San Diego
Laura Coffey, Real Estate Pro in Santa Clarita, CA
Laura Coffey answered:
How can I find a BUYER'S Agent certified in Short Sale, Foreclosure, distressed property AND familiar ...
Look in your area for a CDPE agent. Keep in mind most areas its a seller's market. You put high demands on them your offer gets rejected. Most houses are selling with multiple offe ... more
0 votes Share Flag Sat Mar 16, 2013 Home Buying in Vallejo
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
How do you buy an empty home in pre-foreclosure?How do you find out if the sellers would sell?
A property is either in foreclosure or it is not. The word pre-foreclosure is a term used meaning a short sale which can be done while the property is in the foreclosure process to try ... more
0 votes Share Flag Fri Mar 15, 2013 Foreclosure in Walworth
Kylee Roe, Real Estate Pro in Sacramento, CA
Kylee Roe answered:
90 day notice is nearing it's end, if I stayed through the legal eviction how much longer would I h ...
Why don't you buy it? Then you'd not have to worry.

I am not an attorney, so can't give legal advice--seems to me if I had walk thru paperwork/documentation showing the home was in d ... more
0 votes Share Flag Wed Mar 20, 2013 Foreclosure in 95842
Riccardo War…, Real Estate Pro in Bolingbrook, IL
Riccardo Wardlow answered:
Hi Im Looking to purchase a 3 Flat for investment with cash.can you deal directly with the bank.?
You can try. It would be my strong suggestion that you have a licensed realtor help you on this. I work with a very good real estate agent that I would be happy to refer you to.

Give ... more
0 votes Share Flag Sun Mar 24, 2013 Home Buying in Woodlawn
Rich Day, Real Estate Pro in Jefferson Township, NJ
Rich Day answered:
I am brand new to the buying process and am looking for an agent that can help me navigate the buying ma ...
Hello. My name is Rich Day and I am a Real Estate agent in Tallahassee. I have been a Realtor for 8 years and would be happy to help you in your home search. Please feel free t ... more
0 votes Share Flag Fri Mar 29, 2013 Home Buying in Tallahassee
Jessica Tracy, Real Estate Pro in North Windham, CT
Jessica Tracy answered:
Where to find FHA loan information for first time buyers?
You can go online at and click on the FHA Lender list to find a mortgage broker in your area. I would also check to see if any loca ... more
0 votes Share Flag Fri Apr 26, 2013 Home Buying in Minneapolis
Elisa Peskin, Real Estate Pro in El Cajon, CA
Elisa Peskin answered:
Foreclosed in Jan ’12. Couples credit score now 700 . To use inheritance for 35% down payment –Is b ...
Have seen 9%, maybe 8% if you're lucky
0 votes Share Flag Wed Sep 24, 2014 Foreclosure in 91945
Donald Mituz…, Real Estate Pro in Kaatonah, NY
Donald Mituzas answered:
What are the constraints for a buyer purchasing a Bank-owned property (not short ... ), compared to buying a regular property? ...
The buyer can ask for reports or do their own termite inspection as well as any other type of inspections. Problem is, if you find something the bank probably won't do much about it. Th ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying in Petaluma
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
Would like to purchase a property (2nd home) in the Estero /Bonita Spring. Should I get a single family ho ...
Hi Bob,

A lot of that depends on what you are comfortable with and what you intend to do with it when you aren't in residence. If you are considering renting it out seasonally some a ... more
0 votes Share Flag Sun Mar 17, 2013 Home Buying in Estero
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Foreclosures in Jericho, NY
If referring to RealtyTrac ads, keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--n ... more
0 votes Share Flag Fri Jul 19, 2013 Home Buying in Jericho
Sherry Sim, Real Estate Pro in Cayucos, CA
Sherry Sim answered:
I would like to get into buying some foreclosures, what do I need to do, what can I do, what should I look ou ...
Dear E

Preparing to buy foreclosures is not very different from buying regular purchases, except you will be transacting with a bank seller, typically an institution who has pre-set ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in 93465
Ranjit Sandhu, Real Estate Pro in Lincoln, NE
Ranjit Sandhu answered:
Want to move from Philadelphia PA to Lincoln Ca, before we move, we're planing to buy a townhouse or condo, ...
I can refer you to a loan officer and he might give you a better suggestion. It all depends if it will be your primary residence. Are you transferring to Lincoln for job related?

Ema ... more
0 votes Share Flag Wed May 29, 2013 Home Buying in Lincoln
Josh Barnett, Real Estate Pro in Chandler, OK
Josh Barnett answered:
It's better to buy a foreclosures or HUD home?
Depends on the home, the price and the inspection results. The seller or the process does not matter. Location, location, location is also important.
0 votes Share Flag Sat Jun 8, 2013 Home Buying in Garland
Blue Sky Home…, Real Estate Pro in Littleton, CO
Blue Sky Home Group answered:
What can an agent do that a home buyer cannot do for themselves?
The home buying process can be long and stressful and right now its war in the market. Good properties are gone the same day they come on the market. So a good agent will know those pro ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in Denver
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
I am looking for a Real Estate Agent
Well you've come to the right'll get plenty of responses...!
0 votes Share Flag Mon Mar 4, 2013 Home Buying in Tracy
Kevin Rathbu…, Real Estate Pro in Naples, FL
Kevin Rathburn answered:

The reason for many homes for sale in Golden Gate Estates is simple. It is one of the Largest PUD's in the Country. A very large area bigger than many towns.

If you need as ... more
0 votes Share Flag Mon Feb 18, 2013 Home Buying in Naples
Robert McArt…, Real Estate Pro in Fallston, MD
Robert McArtor answered:
In order to get the short sale moving can wecontact the seller directly?
I have to ask you. What is your agent telling you? Is your agent asking the Listing Agent for daily up-dates as to what is happening? The Listing Agent is working on behalf of the Selle ... more
0 votes Share Flag Mon Feb 25, 2013 Foreclosure in Annapolis
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Should the government bail out underwater homeowners?
Especially the 5,000,000 who already lost their homes:
at $100,000 each, that would be approximate $500,000,000 (that's 500 BILLION dollars!)
0 votes Share Flag Thu Feb 28, 2013 Foreclosure in Miami
Ann Ryan, Real Estate Pro in Doral, FL
Ann Ryan answered:
What are the "dangers" of buying a foreclosure property? What questions do I need to ask?
The dangers are too numerous to list, but here's a few highlights:

1) undislcosed liens
2) unpaid bills for electricity, water, taxes, etc. Even if you're not required to pay them ... more
0 votes Share Flag Mon Apr 14, 2014 Home Buying in Bradenton
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