Foreclosure in 90068 : Advice

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Robert Chome…, Real Estate Pro in San Diego, CA
Robert Chomentowski answered:
In Los Angeles do you have to bring 100% of purchase price to Trustee Sale, or just 10%, or 20%? Auction is in Pomona, payee to self O.K.?
You need 100% of purchase price in all trustee sales in CA. Caveat emptor.
0 votes Share Flag Sun Nov 6, 2011 Foreclosure in Los Angeles
Glen Etherin…, Real Estate Pro in San Diego County, CA
Glen Etherington answered:
Can a home be foreclosed on for child support in California?
If the support is delinquent and there is a court judgement and lien against the property, then the lien holder can initiate Foreclosure.
0 votes Share Flag Wed Aug 24, 2011 Foreclosure in Los Angeles
Scott Pariet…, Real Estate Pro in 90069
Scott Parietti answered:
Bank did foreclosure sale no one bought, have 4 tenants, we were offered 5,000.00 to move by aug 29th less later .home ex. cond. 10,000 more reas?
Hi Elie,
Keep in mind that while the amount is negotiable, the bank is now the owner of the property so when they tell you to leave, you have to leave or they could take legal action. ... more
0 votes Share Flag Tue Aug 16, 2011 Foreclosure in Los Angeles
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
howmany days to move after non judicial foreclosurein state of calif?
If you're the current homeowner check out this link.

If you're a renter in a foreclosure here's a link you may want to ch ... more
0 votes Share Flag Mon Sep 5, 2011 Foreclosure in Los Angeles
I. Mia Shin, Real Estate Pro in Los Angeles, CA
I. Mia Shin answered:
I am interested in the foreclosure sale on w 37th drive for $110,172. Please contact me at or 760-703-1544
That $110,172. should cover the rent for 4 years in the area, if you can find a rental for about 1500. per month.
If you buy a foreclosure you have no idea of the cost involved and the ... more
0 votes Share Flag Sun Aug 7, 2011 Foreclosure in Los Angeles
Faye Farzani, Real Estate Pro in Los Angeles, CA
Faye Farzani answered:
what does a combination lock mean on a property thats going into foreclosure?
The owner ( probably the bank) is making it accessible for brokers to show it for sale.
The combination lock contains the keys to the house and the code will only be given to brokers u ... more
0 votes Share Flag Mon Feb 13, 2012 Foreclosure in Los Angeles
Caroline York, Real Estate Pro in 33701
Caroline York answered:
What can HOA do to rid our building of a no compliant REO agent. ( follow up to my three questions posted all related to the two agent and unit )
I doubt that your Home Owners Association can block the agent without just cause. Remember, each property is privately owned adn the homeowner has the right to select the person of the ... more
0 votes Share Flag Mon Aug 1, 2011 Foreclosure in Los Angeles
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Uninvited trespassers on foreclosed unit . I am a first time property mrg /of a 21 unit building . As well as a owner of one of the units.
There's a lot here that doesn't "add up."

First, if your information is correct about the bank's foreclosure taking effect on 7/19 property rights typically ... more
0 votes Share Flag Fri Jul 15, 2011 Foreclosure in Los Angeles
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
I am the beneficiary of a 1st position lien. A 2nd lien is in default. If a trustee sale occurs, how will this affect me?
You need to get an attorney to review your situation. As agents we deal with foreclosures, defaults and short sales, but our licensing is limited.
How this affects you could ... more
0 votes Share Flag Thu Jun 16, 2011 Foreclosure in Los Angeles
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
I am thinking of allowing my rental property to go into foreclosure. I have been regular with my primary residence mortgage. How will this affect me?
Hi Cristina,

This will affect your credit for years to come if it goes into foreclosure.

Try to list the property and have it go through a short sale first. This way would be the ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in Los Angeles
Eli Givoni-S…, Real Estate Pro in Boca Raton, FL
Eli Givoni-Short Sale Dept LLC answered:
Thanks for your responses. A short sale was suggested but it was mentioned that I still could be responsible for the shortage in the loan & sale.
You can still do a short sale and keep foreclosure off your credit. We can try to negotiate with your lender to let you off the hook for the deficiency. We have been successful with t ... more
0 votes Share Flag Thu Apr 14, 2011 Foreclosure in Los Angeles
Michael Mull…, Real Estate Pro in Bend, OR
Michael Mullin answered:
if u dont get a response from respa is there another letter to send them
If you have a complaint against the lender you might also contact the Nationwide Mortgage Licensing system at

This will tell you whether the lender ... more
0 votes Share Flag Tue Apr 12, 2011 Foreclosure in Los Angeles
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
I want to walk away from my home. I have an underwater loan. I cannot work out a solution with my lender. Any suggestions?
Depending on the value of the property there may or may not be tax consequences. This is a question best answered by a tax professional.

In some instances, California allows for defi ... more
0 votes Share Flag Thu Aug 15, 2013 Foreclosure in Los Angeles
Richard , Real Estate Pro in Beverly Hills, CA
Richard answered:
I am an estimator for Tri Tech Restoration and need a list of asset managers who deal with REO properties that needs restoration.818-565-3940
Good luck... I hope you do get a list, but I doubt anyone will publish it here or give up their contacts... Sorry, but I wish you the best...
Richard "RJ" Kas ... more
0 votes Share Flag Wed Mar 16, 2011 Foreclosure in Los Angeles
Reo Prep Ven…, Real Estate Pro in Texas
Reo Prep Vendor Management answered:
I am a General Contractor. How do I start a Trash-out, Punch-out services company?
REO Prep vendor management has just expanded into Southern California and there is a position available for trash out services in the Los Angeles County.
Visit and regi ... more
0 votes Share Flag Wed Jul 25, 2012 Foreclosure in Los Angeles
Investment S…, Real Estate Pro in Anaheim, CA
Investment Specialist answered:
How do I find out about a property that was supposed to go to auction today, friday January 28, I want to find out if it was sold and for how much?
Dear JD:
Do you know who had the house listed for the auction? May be contacting them is a start?
Good luck to you!
Ramona, Broker Associate, ReMax Results, MN,, ... more
0 votes Share Flag Tue Feb 1, 2011 Foreclosure in 90004
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
If foreclosure proceedings have started against my property does that mean it has been released my the Bk trustee or court?
Hi Aet,

You need to talk to your BK attorney immediately. This is a very complicated situation and there is no time to waste. No one here can give you legal advice nor tell you speci ... more
0 votes Share Flag Fri Feb 4, 2011 Foreclosure in 90025
Richard Schu…, Real Estate Pro in Los Angeles, CA
Richard Schulman answered:
I put an offer on a short sale 3 1/2 months ago. We heard from the 2nd bank, but are waiting on the first. Am I getting close?
Probably...but you never know with short sales. It could be tomorrow, 6 months or never. And anyone who tells you differently is wrong!
0 votes Share Flag Wed Aug 14, 2013 Foreclosure in Los Angeles
Deborah Brem…, Real Estate Pro in 90049
Deborah Bremner answered:
Are there Real Estate Professionals in San Fernando Valley, Los Angeles County, CA, who wishes to use Buyers Agents to sell their listings?
Your question is very unclear. Try again.
Deborah Bremner
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, eAgent, CSP, SFR, HRC, CRE
(O) 310-571-1364 DIRECT
(D) ... more
0 votes Share Flag Fri Feb 4, 2011 Foreclosure in West Hills
Daniel Rangel, Real Estate Pro in Marina del Rey, CA
Daniel Rangel answered:
How could a quitclaim deed help??
Qiut claim won't help.. Nor bankruptcy... Feel free to call me for an evaluation of your situation. 310 490 6286
0 votes Share Flag Sat Jul 19, 2014 Foreclosure in Los Angeles
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