Short Sales All Locations : Advice

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Barbara Ehre…, Real Estate Pro in Carmel, CA
Barbara Ehrenpreis answered:
Hello, I'm considering Monterey bay for a second home for investment and retirement. Should I buy a condo or a house?
Depends on your interest and your budget. Condos and planned unit developments are usually less expensive than home purchases - there is less that you are buying - you are not buying l ... more
0 votes Share Flag Wed May 8, 2013 Home Buying in Monterey
Linda Lorenzo…, Real Estate Pro in 75070
Linda Lorenzo - (214) 578-3131 answered:
1st time home buyer...fair in credit rating...both husband and wife working, is there a big chance to own a house without any down payment?
Both VA loans and USDA loans don't require a down payment. There may also be first time buyer grants available in your area but you really need to contact a local lender they will be a ... more
0 votes Share Flag Sun Apr 14, 2013 Home Buying in Inverness
Linda Lorenzo…, Real Estate Pro in 75070
Linda Lorenzo - (214) 578-3131 answered:
Is best buy homes reliable/trustworthy?
So curious if you don't trust the site why are you using it. You need to find a local Realtor who can help you find homes that are currently for sale. I get clients all the time who a ... more
0 votes Share Flag Thu Apr 18, 2013 Home Buying in 11411
Haig Istambo…, Real Estate Pro in Michigan
Haig Istamboulian answered:
Is a short sale still possible after a Sherriff auction?

The answer to that is YES you can still short sell your home. I am guessing you are dealing with a Realtor? Have your Realtor send the offer and any necessary documentation, t ... more
0 votes Share Flag Sun Apr 13, 2014 Foreclosure in Canton
Bob Hoerner…, Real Estate Pro in Portland, OR
Bob Hoerner Mlo 978954 answered:
What happens if the loan isn't approved after a sale price is negotiated?
To start with a sale with financing is always subject to a finial loan approval, as this offers all parties a protection should a loan not be approved. So before addressing what happen ... more
0 votes Share Flag Fri Apr 19, 2013 Home Buying in Pearl
Jimmy Armstr…, Real Estate Pro in Naples, FL
Jimmy Armstrong answered:
My husband and I want to buy a home with owner financing in Naples, FL. We have a good down payment. Where can we look for owner financed homes?

I specialize in these types of deals and I have some great deals for you.Please call me.

Thank You,
Jimmy Armstrong
The April and Jimmy Team
Realty Direct Naples
239-87 ... more
0 votes Share Flag Tue May 7, 2013 Home Buying in Naples
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
If I write a back up offer on a property that is a short sale pending, can i still write an offer on anothe ...
You could get into a squeeze there; but the chances are very small.
0 votes Share Flag Fri Apr 19, 2013 Home Buying in Portland
Andrew Fox, Real Estate Pro in Clarksville, TN
Andrew Fox answered:
Foreclosures? Should I find an agent who specializes in foreclosures? Most seem less interested in foreclosures than resales.
No maam i wouldnt worry about finding an agent that specializes in them. As long as your agent is familiar with the process involved you should be ok. More important is finding an agent ... more
0 votes Share Flag Mon Apr 15, 2013 Foreclosure in Clarksville
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
What are some tips for first time home buyers to compete with the powerful investors in the San Jose market?

Still relevant.
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Almaden
Hector Gaste…, Real Estate Pro in San Diego, CA
Hector Gastelum answered:
Does a first time buyer stand a chance against investors in the current market in San Diego?
Of course they do, First time buyers have a good chance if they have the right REALTOR and said REALTOR having the right offer and relationship. A serious buyer has to have all its duck ... more
0 votes Share Flag Fri Aug 2, 2013 Home Buying in Pacific Beach
BParker, CPA*, Real Estate Pro in Scottsdale, AZ
BParker, CPA* answered:
are there many lender properties?
Hi Reva:

Are you asking if there is much shadow inventory out there?

0 votes Share Flag Tue Jun 25, 2013 Home Buying in Paradise Valley
Georgina Dal…, Real Estate Pro in Scottsdale, AZ
Georgina Dalton RELATES Group answered:
If you were to buy your home all over again, what would you change?
How much I could afford, duhhh. LOL

All kidding aside, I would start by hiring a professional I have researched and met to establish a directed working relationship with. Buyer's h ... more
0 votes Share Flag Tue Apr 23, 2013 Home Buying in Phoenix
Alicia Chmie…, Real Estate Pro in Frisco, TX
Alicia Chmielewski answered:
If the seller defaults on their mortgage and they have a tenant in their home can the tenant buy the home from the bank?
The tenant has the same ability to purchase as any investor; the process for a tenant wouldn't be different than a traditional short sale/foreclosure.
0 votes Share Flag Tue Apr 16, 2013 Home Buying in Frisco Heights
Hermann Wieh…, Real Estate Pro in Hollywood, FL
Hermann Wiehls answered:
How soon will the HOA foreclose on me for unpaid assessments and fees ($5800)?
There is no exact time that I know of but you may want to consult an attorney to be on the safe side and know your rights.
0 votes Share Flag Sun Aug 4, 2013 Foreclosure in 33021
Rob Arrietta, Real Estate Pro in Corona, CA
Rob Arrietta answered:
Hello, I would like to know what is going on with 1748 Galloway Lane Corona, CA 92881 is in foreclosure? if so ho can I contact?
Galloway doesn't appear to be in foreclosure according to my sources. Why do you think it's in foreclosure?
0 votes Share Flag Fri Apr 12, 2013 Home Buying in Corona
Craig Reger…, Real Estate Pro in Portland, OR
Craig Reger Group answered:
Moving before selling
Some people are lucky enough that they can afford more than one home at a time, but a majority of people are like yourself and will not purchase a new home until they are able to ... more
0 votes Share Flag Sun Apr 14, 2013 Home Buying in Portland
Mitchell Fel…, Real Estate Pro in 11229
Mitchell Feldman answered:
why was 922 east 99th street sold so much?
Dear Valentino:
I cannot say this with 100% certainty but I theorize based on looking at it that someone had purchased the property back in 2009 for $530,000 (which was a time when pri ... more
0 votes Share Flag Sun Oct 6, 2013 Market Conditions in Canarsie
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I am interested in the house in West Sayville, Foreclosure on Cherry Avenue south of Brook Street. Who can I contact to discuss?
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--notice of default--some of those ... more
0 votes Share Flag Fri Apr 12, 2013 Foreclosure in West Sayville
William Moff…, Real Estate Pro in 34606
William Moffitt answered:
Im plnning to move to spring hill i just saw a house on the computer the sales taxes are a little high, how ...
Good day,

It is a great time to buy Real Estate, with interest rates as low as they are! however home prices are moving up fast. if you see something that really looks to good to be ... more
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Spring Hill
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Is this considered buy and bail or can we short sale?
One of two things;
Either you lied to your Lender about your finances,
Or, your Lender turned a bind-eye to your situation.

This is the kind of thing that started the whole thing 4 ... more
0 votes Share Flag Wed Jan 21, 2015 Home Buying in 21701
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