Government Tax Foreclosure Properties All Locations : Advice

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Mary Kay and…, Real Estate Pro in 94901
Mary Kay and Kathy Yamamoto answered:
Should I foreclose or short sale?

We would be more than happy to send you some information on the difference between a short sale and a foreclosure for you to review. let us know if you'd like some materia ... more
0 votes Share Flag Thu Jan 2, 2014 Foreclosure in 94901
Randy Bridges, Real Estate Pro in Las Vegas, NV
Randy Bridges answered:
What is it like to live in Las Vegas?
Hi Bwayne. This link might answer some of your questions. . New information is updated on a weekly basis. Personally, I"ve been hear since ... more
0 votes Share Flag Wed Feb 29, 2012 Home Buying in Las Vegas
Eric J Soder…, Real Estate Pro in Pleasanton, CA
Eric J Soderlund answered:
are prices going down?
In this market you will have to be more specific. I live in an area where some neighborhoods are increasing a bit while other are flat or still declining some. Get together with a realt ... more
0 votes Share Flag Wed May 9, 2012 Home Buying in 93401
Jeff Nobleza, Real Estate Pro in 60640
Jeff Nobleza answered:
Does it ever make sense to foreclose? (excellent credit rating)
Short sale the home to lessen the impact on your credit, avoid any possibility of oweing the bank in the future and avoiding any tax implications.

Feel free to email me at jeff.Noble ... more
0 votes Share Flag Fri Feb 10, 2012 Foreclosure in Chicago
Terri Thomas, Real Estate Pro in Evans, GA
Terri Thomas answered:
We are looking at buying a home in the next 2-3 months. What neighborhoods have held their value and are in Columbia County? Jennifer
Depending on your price range , there are many areas in Columbia County and Richmond County that have maintained their value.
0 votes Share Flag Mon Nov 5, 2012 Home Buying in Evans
Susan Blanfo…, Real Estate Pro in 45459
Susan Blanford answered:
Bank owned property and auctioned properties
The best place to find bank owned properties for sale is through a real estate agent. They have access to that info through their local board of realtors. Auctioned properties in my s ... more
0 votes Share Flag Wed Feb 1, 2012 Home Buying in Tampa
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
I had an 80/20 on an investment property in Texas that foreclosed. The forclosure auction covered the 80 but none of the 20. What happens?
When a Foreclosure occurs, the Bank wants to take Title to the property;
If there is an outstanding LIEN, there will be a "cloud" on the Title.
The Bank had to have done som ... more
0 votes Share Flag Wed Jan 18, 2012 Foreclosure in 75204
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Are there ways to avoid PMI even if you can only put 7-10% down?
Devon unless you put down 20% you can not avoid PMI on a new mortgage. Once you get the mortgage and your equity builds so that your equiy builds toover 20%, you can ask your lender to ... more
0 votes Share Flag Wed Jan 29, 2014 Financing in 40222
Myke Atwater, Real Estate Pro in Destin, FL
Myke Atwater answered:
We are buying a foreclosure for cash that needs rehab. Are there any gvmt loan programs just for repair? W ...

Fannie Mae has a "homepath" loan program for rehabing a property, and there is a 203K loan program as well. Check on the Fannie Mae website and also call a lender t ... more
0 votes Share Flag Tue Dec 27, 2011 Financing in 33445
Pacita Dimac…, Real Estate Pro in Alameda, CA
Pacita Dimacali answered:
I bought a property that has 5 bedroom but found out that the Title is defective and it shows 3 bedrooms. Can I sue the Title Co. and the Bank ?
Gosh -- so many questions to ask.

Is it possible that the seller expanded the property through the years, and didn't notify the county of the change so that it reflects the corr ... more
0 votes Share Flag Fri Dec 30, 2011 Foreclosure in Antioch
Haig Istambo…, Real Estate Pro in Michigan
Haig Istamboulian answered:
Will home prices go up much in the next 2-3 years in the Metro Detroit area?
Hello Chris,

Home prices in Michigan are beginning to show signs of stabilizing, and actually have ticked up a bit. If you click on the link below, you will see what home prices have ... more
0 votes Share Flag Thu Mar 21, 2013 Home Buying in Rochester Hills
Chris Eisenh…, Real Estate Pro in Denver, CO
Chris Eisenhard answered:
Foreign Investor seeking to purchase property for CASH in Arizona. What does the process entail ? Advice needed on all fronts.
I would recommend getting with a local buyer's agent in the area you wish to purchase. Please let me know if you wish to connect with an agent in a certain area and I can recommen ... more
0 votes Share Flag Tue Mar 19, 2013 Home Buying in 85032
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Failed Residential Investor - Need Foreclosures Removed!!
When the Banks look at your Credit Record, they do not see if the property was a Primary Residence or an Investment; they don't care.
It is a Foreclosure.
The lastest word is th ... more
0 votes Share Flag Tue Dec 20, 2011 Foreclosure
Paul May, Real Estate Pro in Las Vegas, NV
Paul May answered:
If I short sale and am not granted a waiver of deficiency what are the time frames the bank has to come after me?
6 months on a first mtg- 2nd is longer-
Please consult an attorney to verify- we can put you in touch with ours-
0 votes Share Flag Mon Jul 16, 2012 Home Selling in Las Vegas
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
FED doles out sixteen trillion in bailouts that banks don't have to repay and homeowners still have to pay those same banks back there mortgages?
Our government is giving away money again. I would too if it was someone else' s money. This is nothing new. You should see a list of the foundations, non-profit places, countries, ... more
0 votes Share Flag Mon Dec 12, 2011 Foreclosure in San Diego County
Ken Fisher, Real Estate Pro in 46037
Ken Fisher answered:
What can I expect in the Indy rental market, coming out of chapter 7 & foreclosure within the past 2 ye ...
It all depends on what you have been doing financially since you were released. We currently have a home available in Broad Ripple, a condo near Eagle Creek, a condo near Hazel Dell a ... more
0 votes Share Flag Mon Dec 12, 2011 Rental Basics in Indianapolis
John Barry, Real Estate Pro in Los Angeles, CA
John Barry answered:
I'm planning on buying a home in around beverly hills area, probably going to have it rented out as vacation home. Currently I'm living in
Hi Lia,

I would be happy to assist you and help with any questions you may have about the process. Feel free to email me at:

Thanks, good luck in ... more
0 votes Share Flag Mon Jul 23, 2012 Home Buying in Beverly Hills Post Office
Mario Romero, Real Estate Pro in Houston, TX
Mario Romero answered:
Can I make an offer to purchase the rental home I live in that is now foreclosed?
Good morning Sheila,

YES! Please let me know if you want us to obtain best financing program available to you, so that when you do make your offer a loan approval letter will be atta ... more
0 votes Share Flag Fri Nov 25, 2011 Foreclosure in Houston
Steve Graul -…, Real Estate Pro in 34786
Steve Graul - CIPS, TRC answered:
I am a foreigner looking to buy a high yielding invest. ppty in US. My options are FL, AZ and Texas. Where should I buy. My budget 75k for 3BR/2Ba

All three states have great opportunities and all have their advantages and disadvantages. The most important factor is whether of not the investment makes sense to you, and a ... more
0 votes Share Flag Mon Dec 10, 2012 Home Buying in Orlando
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
Can someone explain to me why title insurance would NOT be needed on a VA owned home? I know its optional, I've done my research but I'm
It has nothing to do with necessary or not. It's really more about costs that the bank doesn't wish to incur. Doc stamps are typical for VA/HUD/Fannie Mae/Freddie Mac - they ... more
0 votes Share Flag Thu Nov 10, 2011 Foreclosure in Miami
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