Foreclosure : Nationwide Real Estate Advice

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Catherine Pu…, Other/Just Looking in Silver Spring, MD
Catherine Purcell answered:
After foreclosure? Ratification process?
Hello Britt,

There have been instances where the bank does not move towards recording the deed in their name because they don't want to be responsible for the taxes on the property. ... more
0 votes Share Flag Sun Jul 14, 2013 Foreclosure in Annapolis
Rodney Mason, Real Estate Pro in Atlanta, GA
Rodney Mason answered:
Does anyone know of anyone in the Suntrust REO department? The owner doesn’t want to short sale and says the house is already in foreclosure.
Once the property is ready to be sold, SunTrust will assign the property to one of their Lisitng Agents. At that time, your Buyer's Agent wold be able to submit an offer for you.

Wh ... more
0 votes Share Flag Wed Jun 10, 2015 Foreclosure in Georgia
Betsy Morales, Real Estate Pro in Miami, FL
Betsy Morales answered:
can i be evicted from a condo that is being foreclosed on?
It is always best to consult with an attorney regarding the laws of eviction in the State of Florida, specifically Florida Statutes 83: ( ... more
0 votes Share Flag Tue Apr 2, 2013 Foreclosure in Miami
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
This is really a legal question. I would suggest you talk to an attorney. Or perhaps the Sheriff himself can give you some advice.
0 votes Share Flag Tue Apr 2, 2013 Foreclosure in 32738
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
Bob Brubaker, Real Estate Pro in Lake Worth, FL
Bob Brubaker answered:
What closing costs are there to a CASH buyer on a bank owned property in West Palm Beach, FL?
Most REO deals are processed through their " Closing Agent " .
These are Title Companies who are able to search the title,organize
outstanding charges , " pro-rate " unpaid ... more
0 votes Share Flag Tue Jun 4, 2013 Foreclosure in 33411
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
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
Can a foreclosure home be lease option to buy?
I can't say I've ever heard of a bank willing to that. Banks are not in the rental business, but the lending business. Lease options are tricky and not something you should ... more
0 votes Share Flag Mon Apr 1, 2013 Foreclosure in Port Angeles
Richard & Di…, Real Estate Pro in Paradise, CA
Richard & Diana Kent Realty World Team answered:
My house was just bought back by the bank, how much time do i have to leave? I have young children do they give me more time because of that?
The time can vary, but you will most likely be contacted in the next week by a representative from the bank. They will normally offer you cash for keys to relocate. The time to vacate ... more
0 votes Share Flag Tue Apr 2, 2013 Foreclosure in Stockton
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
Jackie  Krem…, Real Estate Pro in Hanover, MD
Jackie Kremer Grove answered:
Short sale. 6mo later we get a counter offer from the bank on the short sale house we are interested in.
The pricing is set not only by the market but also by the investors who own the loan, the type of financing and balance owed by the owner on the note. There may be more then one loan al ... more
0 votes Share Flag Mon Apr 22, 2013 Foreclosure in Anne Arundel County
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
house in ma is up for auction what happens next if you are still living in it?
You can contact the listing agent who will be able to help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an ag ... more
0 votes Share Flag Thu Apr 11, 2013 Foreclosure
Nina Harris, Real Estate Pro in Williston Park, NY
Nina Harris 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
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
Does FL law require a Disclosure of defective drywall even in the case of a foreclosure?
Discuss the process & details with your agent. They can explain how disclosure laws work, what to expect with a foreclosure & how contracts work. If you don't feel comfortable with thei ... more
0 votes Share Flag Thu May 23, 2013 Foreclosure in 33909
Gina Chirico, Real Estate Pro in Fairfield, NJ
Gina Chirico answered:
Will forclosure affect my future wife's credit?
If she is not on the mortgage or deed of the house being foreclosed on then no her credit will not be affected by the foreclosure. She is not responsible for paying the mortgage.
0 votes Share Flag Mon Apr 1, 2013 Foreclosure in New Jersey
Lori Hanson, Real Estate Pro in Aliso Viejo, CA
Lori Hanson answered:
what is the foreclosure timeline in Louisiana?
I found this online that talked about how it works in Louisiana. Best to read it and look for other information on your own.

Good luck

Follow the link:

http://louisianalawhe ... more
0 votes Share Flag Sat Mar 30, 2013 Foreclosure in Laguna Woods
R. Eric Axel…, Real Estate Pro in Sewell, NJ
R. Eric Axelson answered:
How to submit and get Wells Fargo to take Deed in Lieu?
Hi Patricia, first let me say that I am sorry for your loss. Why did the bank deny the short sale? Did they say you weren't a candidate because you made too much? Meaning, did they ... more
0 votes Share Flag Wed Sep 23, 2015 Foreclosure in 08046
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Im in foreclosure due to reverse mortgage, should I keep paying the property taxes?
Consider consulting with an attorney who specializes in real estate; most professionals do offer a free consultation; or contact your local Legal Aid Society for a pro bono attorney, fr ... more
0 votes Share Flag Fri May 9, 2014 Foreclosure in 08005
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