Closing Costs On Foreclosures All Locations : Advice

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Fred Yancy,…, Real Estate Pro in Woodstock, GA
Fred Yancy, Broker answered:
What does it mean when a realtor's listing states " the property is in as is condition and the buyer is responsible for all items in order to settle ?
Is the property a short sale? In order to get an FHA loan, the property hs to meet FHA guidelines. If the property needs repairs and is a short sale,the home owner probably is not in ... more
0 votes Share Flag Thu Mar 21, 2013 Home Buying in Westwood
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
What is the best way of looking at informations such as photos specs of a Foreclosure without having to meet with a Real Estate Agent?
Your local multiple listing service is really the only way. The MLS will only have homes that are actually listed for sale by the bank or the homeowner. Other sites are publishing a l ... more
0 votes Share Flag Sat Dec 15, 2012 Foreclosure in Buena Park
Brandon Newt…, Real Estate Pro in Houston, TX
Brandon Newton answered:
Can I get mortgaged if I buy a bank-owned house?
You can obtain a mortgage for a bank owned house. I have a lender who can help you if you do not already have one. I can help you find the right home and negotiate the best deal for you ... more
0 votes Share Flag Mon Dec 17, 2012 Home Buying in Houston
Ken Vasan, Real Estate Pro in Fremont, CA
Ken Vasan answered:
For recent sales in the area, how many of the homes are as-is sales?
The offer that you present itself is an AS IS offer. Meaning, what you see is what you get. However, this does not include major issues that are unearthed during inspection process ... more
0 votes Share Flag Tue Nov 19, 2013 Home Buying in Fremont
Kevin McLaug…, Real Estate Pro in Murrieta, CA
Kevin McLaughlin answered:
My lease is up in May and I am looking to buy a house in Vegas to move into after. When should I start looking?
Congratulations on your decision to purchase a home! If the place is a short sale, you should start a few months early; It often takes 3-4 months to get it done. If it is a standard sal ... more
0 votes Share Flag Thu Jan 24, 2013 Home Buying in Las Vegas
Debbie &…, Real Estate Pro in Charlotte, NC
Debbie & Salvador Arriero answered:
I think/hope we are finally ready to meet with a loan officer
Jeff Trout, Myers Park Mortgage - 704-971-6145 - he's phenomenal. Great programs. Then when you are finished with him, give me a call - I'd love to help you find a home. 704-443-8627 or ... more
0 votes Share Flag Sat Feb 23, 2013 Financing in Charlotte
Jeff Paeltz, Real Estate Pro in New Albany, OH
Jeff Paeltz answered:
Looking for a buyer in zip code 43207
Hi GCP2000,

I would like to bring a buyer to your home. Just a few questions if I may.

What is the address?, How much are you asking for your home?, Are you willing to take back ... more
0 votes Share Flag Sun Aug 11, 2013 Financing in 43085
Rosemarie Fu…, Real Estate Pro in 77584
Rosemarie Furnari answered:
Best offer for foreclosure home
You need a buyer's agent to determine what you should offer. It depends on the market and the area and what has been going on in the past 3 to 6 months in that area. It also depends o ... more
0 votes Share Flag Sun Dec 16, 2012 Home Buying in Houston
Norma Perry, Home Buyer in Las Vegas, NV
Norma Perry answered:
What do you wish you knew before buying your first home?
Buy when I was first married in 1963 while prices were low and you got a lot for your money.
0 votes Share Flag Mon Dec 24, 2012 Home Buying
Dee Oliver, Real Estate Pro in 93306
Dee Oliver answered:
I am moving back to Bakersfield from Oregon. Would like to rent in 93312 or 93314. Up to $1800/month.
Hey Paul, I have some friends who live in Grant's Pass. Their backyard is the Rogue River. Beautiful country. Give me a call and I will refer you to some property management companie ... more
0 votes Share Flag Fri Dec 14, 2012 Rentals in Bakersfield
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Anyone heard of a legit "Rent to Own a distressed property". I have a client asking about this but my initial thought is it has to be a scam.
The Banks are not in the Landlord business.
This should be a 100% guarantee of a SCAM.
Some people are more vulnerable than others; they will think they are making out on a rental, an ... more
0 votes Share Flag Sun Mar 10, 2013 Home Buying in 92869
James Sanchez, Real Estate Pro in Burbank, CA
James Sanchez answered:
Are home prices in Sunland expected to rise in the next 3 - 5 years? If yes, what is the expected rate of increase? (anyone with a crystal ball?)
Hello Jas888, I live in Shadow Hills, very close to your property. I can't tell you the amount of increase per year over the next or 3-5 years, but what I can say is..... Zillow ... more
0 votes Share Flag Sat Dec 1, 2012 Market Conditions in Sunland
Michael Byrd, Real Estate Pro in San Luis Obispo County...
Michael Byrd answered:
Can you buy a "foreclosure" without a realtor?
Of course. It's a free country which means you're free to spend your money pretty much however you wish. Whether it would be in your best interest to make such a huge investment of mone ... more
0 votes Share Flag Mon Dec 30, 2013 Home Buying in Nipomo
The Pearson…, Real Estate Pro in Michigan
The Pearson Group answered:
how do i start to find out how to purchase a forclosed home or banked own home where do i start?
A local Realtor would be able to assist you as most of the foreclosed properties eventually get listed with a real estate broker but I do have one foreclosure company that sends me inf ... more
0 votes Share Flag Thu Nov 29, 2012 In My Neighborhood in 48003
Larry Sarlo…, Real Estate Pro in Camden County, NJ
Larry Sarlo 609-868-1171 answered:
Iam looking to rent or preferrably buy a home in the clementon/sicklerville/atco area. I need a little guidance
First and foremost you should be looking to buy. Which means you should pre qualify yourself. for a mortgage.
Joe Cordova 856-304-2381 He will guide you thru the mortgage processes.
... more
0 votes Share Flag Mon Apr 8, 2013 Home Buying in Clementon
Penney Baumg…, Real Estate Pro in Greenville, SC
Penney Baumgartner answered:
I have made 8 offers on 8 different houses.all offers have been at full price or up to 10K ask..in the 140K ...
No. Are you taking the agents advise of where your offer should be? Sounds like you are in a price range that is hot in your area and maybe you will have to go over even more. Good luc ... more
0 votes Share Flag Sun Dec 9, 2012 Home Buying in 89130
Diana Mckee, Real Estate Pro in Jacksonville Beach, FL
Diana Mckee answered:
Me and my wife have decided to buy an investment property in Jacksonville, do I need a realtor or a mortgage broker?
You will need a Realtor and if you are going to finance you will need a lender as well.
0 votes Share Flag Mon Dec 3, 2012 In My Neighborhood in 32224
David Staffo…, Real Estate Pro in Albuquerque, NM
David Stafford answered:
I found a foreclosure in Rio Rancho. The bank sold it back to themselves via auction. How can I try to secure buying this house.?
The next step of the process is that the bank will secure and make the property safe and get it cleared of personal property (some banks will also clean and do minor rehab) and then the ... more
0 votes Share Flag Sun Nov 25, 2012 Home Buying in Rio Rancho
Laquita Baez, Real Estate Pro in New Jersey
Laquita Baez answered:
Hidden cost when buying forclosed homes
Hi Smithfam,

There really shouldnt be any hidden costs when purchasing any home- foreclosure or not.
Prior to closing, the closing attorneyis required to provide you with the HUD se ... more
0 votes Share Flag Wed Nov 21, 2012 Foreclosure in Newark
Beth Jenkins, Real Estate Pro in Miami Beach, FL
Beth Jenkins answered:
I want to fly in after XMas to view some properties I have found on Trulia. What is my best process for ident ...
Good Morning,
I suggest that you make direct contact by calling several agents, which I am sure will answer your question here on Trulia.
You can look at agents' profiles here on Trul ... more
0 votes Share Flag Tue Jul 16, 2013 Home Buying in 33180
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