Foreclosure in 94117 : Advice

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Sandra Lehto…, Real Estate Pro in New Ipswich, NH
Sandra Lehtonen answered:
If one is facing foreclosure, what other options do they have?
Hi Alison,

Thank you for writing in. This is a great question. There are a few options available to the homeowner who is facing foreclosure. They are as follows:

For a temporar ... more
0 votes Share Flag Mon Apr 14, 2014 Foreclosure in Potrero Hill
Lance R King, Real Estate Pro in San Francisco, CA
Lance R King answered:
Does a clouded real property title have any impact on the speed with which a lender will initiate foreclosure proceedings.?
Depends. If the prior liens were paid just cleared that is usually relatively easy to straighten out, and the lender can foreclose with the cloud on title if they like, and I have seen ... more
0 votes Share Flag Mon Jan 21, 2013 Foreclosure in Mission Dolores
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
REO Agent refuses to submit offer to bank
First thing is the banks do not sell their ownhomes, they use asset management companiies to sell and manage them. No all offers have to be submitted to the bank until the time the bank ... more
0 votes Share Flag Mon Apr 8, 2013 Foreclosure in San Francisco
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
I am interested in Foreclosures. Do I contact a Real Estate Agent or a Broker?
Hi jspy777,
Either an agent or a Broker but select the one to work with that has a lot of experience with the foreclosure process as it is different from a normal sale.

I su ... more
0 votes Share Flag Thu Mar 20, 2014 Foreclosure in Potrero Hill
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
How to take over the payments on a defaulted home loan.Foreclouse.
Two thoughts for you;
1. You probably cannot take over the payments
2. You undoubtedly do not WANT to take over the payments!

If they have defaulted, they are behind; and with thin ... more
0 votes Share Flag Wed May 30, 2012 Foreclosure in 94134
Eric Castong…, Real Estate Pro in San Francisco, CA
Eric Castongia answered:
Looking for an agent that has SUCCESSFULLY represented buyers on foreclosure and/or REO properties in San Francisco and also on the peninsula.
Hi jena
That has the potential for a long answer.

There are two ways foreclosures get found:
1) on the court house steps-you need cash to buy those and you need to do all your due ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in San Francisco
Stella & Mike, Real Estate Pro in West Portal, San Fra...
Stella & Mike answered:
Looking for an agent that knows the short sale process and also has worked with an investor before?
Misael

If your looking for such an agent in the San Francisco Area we can help. Please call us tomorrow and we'll get the process started for you.

Stella and Mike
415.759.25 ... more
0 votes Share Flag Tue Mar 20, 2012 Foreclosure in San Francisco
Greg Bryan J…, Real Estate Pro in San Francisco County,...
Greg Bryan JD/MBA answered:
What is the best way to purchase a foreclosure in San Francisco?
Contact a realtor who specializes in working with foreclosed or REO (ie Bank owned properties). Most realtors should be able to identify for you foreclosed properties. The hard part i ... more
0 votes Share Flag Tue Feb 7, 2012 Foreclosure in San Francisco
Ann Ryan, Real Estate Pro in 33178
Ann Ryan answered:
i was foreclosed and my house was auctioned without me being personnaly notified
For legal advice, consult a lawyer, not a Realtor.
0 votes Share Flag Sat Dec 31, 2011 Foreclosure in San Francisco
Oggi Kashi, Real Estate Pro in San Francisco, CA
Oggi Kashi answered:
Realtor Q regarding pre-foreclosure listings on Trulia : how accurate is the status and what does it mean to a potential buyer?
As soon as a notice of default is recorded against a property, sites like RealtyTrac try to use the info to entice buyers to sign up for a paid memberships. The Info is usually accurate ... more
0 votes Share Flag Tue Nov 29, 2011 Foreclosure in San Francisco
LUXURY HOME…, Real Estate Pro in El Segundo, CA
LUXURY HOME LOANS CA answered:
the 45 days for Short Sale Lender's Consent have passed and I haven't heard anything, what should I do?
Simon,

What has your buyers agent told you? This is very common. You may wait several more months before you'll hear from the lender that they accepted, denied or are presenting ... more
0 votes Share Flag Sun Aug 21, 2011 Foreclosure in 94109
Voices Member,  in
Voices Member answered:
is it possible to get information which houses in this area have been "condemned"?
Hi Eugenia,

Try out this link below for some interesting info. Why are you searching for a condemned property?

http://www.wikihow.com/Squat-in-Abandoned-Property

Good Luck!

... more
0 votes Share Flag Sun Aug 21, 2011 Foreclosure in Silver Terrace
Richard Schu…, Real Estate Pro in Los Angeles, CA
Richard Schulman answered:
How do I find foreclosed homes?
Foreclosures are listed on the MLS just like any other properties. They will usually be designated with a "foreclosure" tag for the listing type. An agent can set up a search ... more
0 votes Share Flag Sun Sep 18, 2011 Foreclosure in 94115
Oggi Kashi, Real Estate Pro in San Francisco, CA
Oggi Kashi answered:
How does a bank decide whether to allow a property to go to auction or sell it as a foreclosure on MLS?
They all got to auction. When the reserve price is not met at the auction, the bank buys the property and brings it back later on as a REO listing on the MLS.
0 votes Share Flag Fri Jul 22, 2011 Foreclosure in San Francisco
Oggi Kashi, Real Estate Pro in San Francisco, CA
Oggi Kashi answered:
I made an offer on a home that was accepted, the home is scheduled to be auctioned in June. Not a short sale, seller has equity. Any caveats ? Thx!
Alex,

Is it a lender auction? If so, the seller must be in default and the bank will have to approve the sale. How did this happen? what does your agent say? Have you check the re ... more
0 votes Share Flag Sat May 14, 2011 Foreclosure in San Francisco
Jonathan Katz, Real Estate Pro in Calabasas, CA
Jonathan Katz answered:
what does it mean when your house is sold to foreclosing beneficiary?
Sold to the bank. You should contact their REO Department.
0 votes Share Flag Fri Apr 15, 2011 Foreclosure in San Francisco
Jeannette Da…, Real Estate Pro in San Francisco, CA
Jeannette Daniel answered:
Does the trustee have to posses the actual promissory note to sale my house at public auction?
Unfortunately you are in a bit of a pickle - without knowing the whole story it is hard to offer you a viable solution. My best advice for you is to try to find an attorney that can he ... more
0 votes Share Flag Thu Apr 14, 2011 Foreclosure in San Francisco
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I live in a house that was foreclosed in January. The bank says it doesn't want rent "at this time." Will the bank make me pay back
I suppose it can. I assume you have a lease that is still in affect and if so you owe rent to the owner who is now the bank. They might wave it and ask you to leave when the lease is u ... more
0 votes Share Flag Wed Apr 6, 2011 Foreclosure in San Francisco
Trulia VIP D…, Real Estate Pro in Las Vegas, NV
Trulia VIP David Cooper answered:
Wells Fargo Foreclosure Duration
NOD's is 3 months, followed by Notice of Trustee Sale 21 days, then the Trustees Auction when the deed gets transferred back to Wells Fargo. Staying in the house after Wells owns ... more
0 votes Share Flag Fri Apr 25, 2014 Foreclosure in San Francisco
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