Foreclosures All Locations : Advice

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Kevin E Yank…, Real Estate Pro in Estero, FL
Kevin E Yankow answered:
I will be using VA hoam loan program. Do the banks who have REO's and short sales accept the VA guaranteed mortgage??
Distressed sales (REO and Short Sales) will require either proof of funds or pre-approval letter from a lender. FHA, VA, or any other conventional lending program should make no differe ... more
0 votes Share Flag Wed May 1, 2013 Home Buying in Bonita Springs
Frank Coxx, Real Estate Pro in 28110
Frank Coxx answered:
How large a downpayment do you need for an FHA loan?
3.5% of sales price...if you are doing a HUD home it is $100 down...
0 votes Share Flag Thu Jul 23, 2015 Financing in Charlotte
Richard Tayl…, Real Estate Pro in Annapolis, MD
Richard Taylor answered:
How did we miss this foreclosure!!??
Houses are not put up for sale on the day of foreclosure nor is the bank required to put them up for auction. Sometimes the LA will put up a sign in advance of the MLS listing, but not ... more
0 votes Share Flag Sun Apr 7, 2013 Foreclosure in Annapolis
Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
Our realtor wants us to sign a seller's invitation to submit new offer after we said no to an ammendment. doesn't the original contract
You want to check with your realtor about this.
There is no contract if you didn't sign the amendment.
Sounds like you are trying to buy a foreclosure.
If that is the case, chances a ... more
0 votes Share Flag Wed Apr 3, 2013 Home Buying in San Antonio
* Benny Smith…, Real Estate Pro in 15057
* Benny Smith ABR, GRI, SRES answered:
I need an agent who handles bank owned foreclosures for a property in Mt. Lebanon. Can you please provide a ...
My office is in Mt. Lebanon, There is nothing in that area we cannot handle.
0 votes Share Flag Mon Apr 8, 2013 Home Buying in Mount Lebanon
Kevin Rathbu…, Real Estate Pro in Naples, FL
Kevin Rathburn answered:
what does a short sale pending with contingencies mean..will sale go thru. and can another offer be presented?
Hello Pamea Valanzola,

Pending with Contingencies is the same regardless of condition of sale method. A Contingency is usually a satisfaction of Inspection or finance/mortgage. Ther ... more
0 votes Share Flag Tue May 7, 2013 Home Buying in Naples
Matt Wise, Real Estate Pro in Cape Coral, FL
Matt Wise answered:
i am unable to set up a profile for searching condos
There are foreclosed condos. But maybe not with the criteria you are using. You can e-mail me with what you are looking for, and I can set you up on a search. . ... more
0 votes Share Flag Thu May 23, 2013 Foreclosure in Cape Coral
Johnny E Wil…, Real Estate Pro in San Antonio, TX
Johnny E Williams answered:
looking to move to the san Antonio area from NYC next year with my family 2 teenage kids and a newborn can anybody tell some good area to look into.
We look forward to welcoming you & your family to the great city of San Antonio. There are tons of areas that are located near shopping, schools etc.

Feel free to contact me & I wou ... more
0 votes Share Flag Thu Apr 18, 2013 General Area in San Antonio
Lucid Realty, Real Estate Pro in Chicago, IL
Lucid Realty answered:
How can make sure that the property that i will buy will be fully rented ? i have a budget about $650,000 and looking in the lakeview area
Often the properties are rented when they are on the market. That's the best scenario because it tells you exactly what the market value of the rents are. You should get a rent roll tha ... more
0 votes Share Flag Thu Apr 4, 2013 Home Buying in Chicago
B.J. Tregoni…, Real Estate Pro in 60053
B.J. Tregoning answered:
I am looking to buy a house an investment a with 3 to 5 apartments - In Chicago around lakeview , and let the property with fully rented
Give me a call or email me and I can help. You will be very popular on here.
0 votes Share Flag Tue Apr 2, 2013 Home Buying in Chicago
Mandy and Je…, Real Estate Pro in Portland, OR
Mandy and Jennifer answered:
Would you describe Portland currently as a Buyer's Market, Seller's Market or a Balanced Market?
According to housing inventory stats, a balanced market is 6 months of inventory. Average inventory levels in the Portland Metro area are much lower, which puts the market as a seller' ... more
0 votes Share Flag Sun Apr 21, 2013 Market Conditions in Portland
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Short sale with Chase
Hi Julie,

Since you're the buyer, your agent can't contact Chase - only if your agent is also the listing agent. Chase will only talk to the seller and their agent (the listint agen ... more
0 votes Share Flag Tue Sep 3, 2013 Home Buying in Clearwater
Denny Hebibo…, Real Estate Pro in Las Vegas, NV
Denny Hebibovich answered:
Las Vegas - Investment property
Hi phillyfan,

below is my contact info, you can call me or email me your email address to discuss in details.
I'd be glad to assist you.

Warmest regards,

0 votes Share Flag Mon Apr 1, 2013 Home Buying in Las Vegas
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
hello if it says foreclosure auction is that the price to pay ? also if it says foreclosure lis pendens , is that the price to pay ? thanks.
A property that is included in a public information database and identified is the subject of a legal proceeding, with a lis pendens filed. Because there is a legal proceeding, does ... more
0 votes Share Flag Sat Jul 6, 2013 Home Buying in 07054
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
How much can a home seller (for sale by owner) negotiate with buying agent?
What are you trying to negotiate? Sales price? Repairs? Commission?
0 votes Share Flag Mon Apr 1, 2013 Home Selling in 33029
Alex Vargas, Real Estate Pro in 92630
Alex Vargas answered:
I was told by a Ladera Ranch realtor, that a prospective home buyer cannot use a VA loan to purchase a home in Ladera Ranch. Is this true?
Morning Mark,

Thanks for the question.

As far as I know you can use a VA loan on any property as long as your client and the house qualifies for it. It's up to the seller of that ... more
0 votes Share Flag Thu Feb 13, 2014 Home Buying in Ladera Ranch
Johnny E Wil…, Real Estate Pro in San Antonio, TX
Johnny E Williams answered:
My family and I will be moving to SA area soon, we would prefer to be able to purchase a home with at least 5 acres. What area can you recommend?
It would be my pleasure to assist you in finding the perfect home here in San Antonio.

Feel free to contact me at (210) 858-7899 or email me

Best Regards,

Joh ... more
0 votes Share Flag Sat Apr 6, 2013 Moving in San Antonio
Angela Stoley, Real Estate Pro in Harrisville, MI
Angela Stoley answered:
can u do land contract on a foreclosure house?
Banks are looking to get their money upfront.Land contracts are still acceptable to some sellers,but not to the foreclosures.Sorry this is not an option for foreclosures,but the ... more
0 votes Share Flag Mon Apr 1, 2013 Home Buying in Oscoda
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
what bank owns this?
The bank does not own this property but has started foreclosure proceedings on the current owner. The listing states that it is in pre-foreclosure so the owner still has time t ... more
0 votes Share Flag Mon Apr 1, 2013 Foreclosure in Montgomery
Nina Harris/…, Real Estate Pro in Williston Park, NY
Nina Harris/CBR/SFR answered:
I would like to buy this house please contact me
It is available. When would you like to view it?
0 votes Share Flag Fri Apr 12, 2013 Foreclosure in Roslyn
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