Foreclosure in 10014 : Advice

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Barbara Q., Other/Just Looking in Bergen County, NJ
Barbara Q. answered:
deed in lieu
Julie-
If the property is in NY - you can find information specific to NY at this site:
http://articles.directorym.com/How_A_Deed_In_Lieu_Of_Foreclosure_Works_New_York_NY-r969786-New ... more
0 votes Share Flag Thu Nov 4, 2010 Foreclosure in 10017
Eric Michael…, Real Estate Pro in San Diego, CA
Eric Michael Abrams - California Real Estate Broker answered:
Realtytrac.com scam: watch out their free trail scam.
I've used Realtytrac.com in the past and obtained multiple clients, most of whom resulted in offers moving into escrow and closing.

I'm sorry to hear about your issues, bu ... more
0 votes Share Flag Thu Nov 18, 2010 Foreclosure in New York
Leila Yusuf, Real Estate Pro in New York, NY
Leila Yusuf answered:
I'd like to buy on the Upper West Side in NYC, but am middle-income. How do I find a forclosure I could really get, and avoid dead-end leads?
First step is to get approved my a mortgage broker, I can help you with that- That's the most important step and forclosure are not very common in Manhattan. check out this blog ... more
0 votes Share Flag Tue Jan 3, 2012 Foreclosure in Upper West Side
Voices Member,  in
Voices Member answered:
is there a redemption peroid after a foreclosure sale in New York State,?
Hi Michael, Redemption is a period after your home has already been sold at a foreclosure sale when you can still reclaim your home. You will need to pay the outstanding mortgage balanc ... more
0 votes Share Flag Tue Jan 26, 2010 Foreclosure in New York
Mark Heusink…, Real Estate Pro in New York, NY
Mark Heusinkveld answered:
do you have apartments for sale in Washington Heights in New York New York city in cheap price?
Yaskara,

Sure, there is plenty for sale. Take a look at www.streeteasy.com, they have just about everything that is for sale. Its a great site that has a lot of features that sho ... more
0 votes Share Flag Tue Jan 3, 2012 Foreclosure in Washington Heights
Chris L. Chr…, Real Estate Pro in New York
Chris L. Christie answered:
Early Payment Default Question
Pahm,
I wonder about who gave you this information. HUD.gov is the official site for the FHA. The FHA provides mortgage insurance for loans underwritten according to their GINNIEMAE gu ... more
0 votes Share Flag Tue Nov 17, 2009 Foreclosure in New York
Robbie Vaughn…, Real Estate Pro in Nassau, NY
Robbie Vaughn, Esq. answered:
MY home is in forclosure & my girlfriends name was put on the deed just in case anything happened to me. Now we recieved a lawsuit for the
I presume you and your friend were served with a summons and complaint. She was served because she has an interest in the property (her name is on the deed). If she is only on the deed ... more
0 votes Share Flag Sun Nov 8, 2009 Foreclosure in New York
Glenn Minnick, Real Estate Pro in Upper West Side, New...
Glenn Minnick answered:
what's going on with building on west 51st street in theater district. looks like all apts in building are being forclosed on.
If I know the building your speaking of, it's a time share building run by a large hotel chain. Time share owners are usually the first to default when the market gets bad. Lis ... more
0 votes Share Flag Sat Dec 12, 2009 Foreclosure in Theater District - Times Square
Eric, Real Estate Pro in Los Angeles, CA
Eric answered:
How can I find an agent who specializes in foreclosures, REO's and banked-owned properties?
It really depends on the area you are looking. However, be cautious when choosing and if you can get a referral from someone, do so. In today's market everyone is quick to claim ... more
0 votes Share Flag Sat Dec 5, 2009 Foreclosure in Harlem
Blaison Samu…, Real Estate Pro in Fremont, CA
Blaison Samuel answered:
Is there any percentage of monies owed in order to start forclosure proceedings? A former heloc has added
If you are not paying your mortgage then they can start the foreclosure process. If you cannot afford the payment then try to do loan modification or short sale before the foreclosure ... more
0 votes Share Flag Mon Aug 3, 2009 Foreclosure in New York
Gail Gladsto…, Real Estate Pro in 11743
Gail Gladstone answered:
Can anyone tell me how to do a short sale in new york without the Home Equity Theft Protection Act?
The act (if my memory serves me correctly) refers to deals where the buyer is an investor. It is intended to protect an inexperienced seller from an experienced dealer.

It is LAW. ... more
0 votes Share Flag Mon Jul 20, 2009 Foreclosure in New York
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
How do I find a loan Modification company in Mass.?
Jan I would contact www.makinghomesaffordable.gov and talk to one of the free consultants before you want to pay someone. There are lots of companies that would take your money but you ... more
0 votes Share Flag Wed Dec 5, 2012 Foreclosure in 10017
Mitchell Hall, Real Estate Pro in New York, NY
Mitchell Hall answered:
My landlord has just been served notice because of an unpaid water bill and taxes. What are my rights?
The city sells liens on properties that have unpaid delinquent water bills and taxes. The landlord then has to pay the lien holder rather than the city. The lien holder can initiate for ... more
0 votes Share Flag Sat Jun 20, 2009 Foreclosure in New York
Everett Perry, Real Estate Pro in Fresh Meadows, Queens,...
Everett Perry answered:
How do I find These properties? Do I contact the Bank directly?
All REO's go through realtors. Its actually illegal for a bank to sell properties directly.

Check your local MLS, craigslist and such to find the properties and then call the realto ... more
0 votes Share Flag Wed Jul 22, 2009 Foreclosure in 10035
Foreclosureb…, Real Estate Pro in California
Foreclosurebabble answered:
CAN I GET A MODIFICATION TO BE 1/3 OF MY INCOME OR 31% OF MY INCOME AS PER THE OBAMA ADMINISTRATION MAKING?
If you want to get advises on loan modification, you should contact your loan agent for consultation. Remember nowadays there are many scams on loan modifications, so be a savy consumer ... more
0 votes Share Flag Wed May 20, 2009 Foreclosure in 10017
Athanasios T…, Real Estate Pro in Queens, NY
Athanasios Tom Halkias answered:
where can I find a mentor/investor to partner with and split profits? Thanks
We specialize in Bank owned foreclosures, Pre Auction and Auction properties in the immediate NYC area and all over the 50 States. Feel free to call me at (347) 867-4541 Monday through ... more
0 votes Share Flag Thu Dec 8, 2011 Foreclosure in New York
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
I am trying to purchase a foreclosed property and I am getting the run around what does buyer to pay transfer
The transfer tax is the cost that state taxes the seller (normally) at least in wisconsin. It can be negotiated with the offer. If you agree to take on the responsiblity of the transfe ... more
0 votes Share Flag Tue Mar 31, 2009 Foreclosure in New York
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
In the last 8 minutes of Larry King on 3-18, Donald talked about this being the greatest time ever to buy real
Thanks for bringing this question to this forum. Many people should be interested in finding out more about this question since it is the one most commonly asked. "Is now a good time to ... more
0 votes Share Flag Sun Mar 22, 2009 Foreclosure in New York
Chris L. Chr…, Real Estate Pro in New York
Chris L. Christie answered:
in new york can they charge an upfront fee for a loan modification? i heard that they cant is that true?
In New York you will be charged an upfront fee. The fee is the cost that the current holder of your mortgage loan note is charging you to retrieve the ORIGINALLY RECORDED documents. The ... more
0 votes Share Flag Mon Jul 20, 2009 Foreclosure in New York
Ralph Windsc…, Real Estate Pro in Hauppauge, NY
Ralph Windschuh answered:
Does anybody really understand short sales? Have you been told there are "better offers" on the property?
Hey Dan, Happy Holidays to you and your family first of all. I manage an office out in Ronkonkoma and I can tell you that as many short sales as we've done that's as many different sit ... more
0 votes Share Flag Mon Jan 19, 2009 Foreclosure in 10017
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