Foreclosure in Broward County : Real Estate Advice

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Phil Rotondo, Real Estate Pro in Melbourne, FL
Phil Rotondo answered:
I saw a property, and the neighbors say its been abandoned for 3 years. It is not listed so could it be in foreclosure? I want to buy it.
Contact a local real estate agent and have the agent check out the property for you. The service is free.
0 votes Share Flag Fri Apr 1, 2011 Foreclosure in Sunrise
Richard Arden, Real Estate Pro in Crystal Lake, IL
Richard Arden answered:
where can I find foreclosures?
Team up with an agent that you are comfortable with. Together you can find current foreclosures in the MLS as well as properties that might not be available on the market yet. Most agen ... more
0 votes Share Flag Thu Mar 31, 2011 Foreclosure in Coconut Creek
Debra B Albe…, Real Estate Pro in Port St Lucie, FL
Debra B Albert PA answered:
looking to move to south florida early next year. do you think there will still be a market for forclosure cleanout business then?

I think so, it is only my opinion as my crystal ball is broken.

Have you heard of shadow inventory? That is foreclosures that the banks own that are not on the market and ... more
0 votes Share Flag Sat May 5, 2012 Foreclosure in Pompano Beach
Nadine Mauro, Real Estate Pro in Lake Worth, FL
Nadine Mauro answered:
had to move for job relocation. Option was stay and be out of work. What can we do with the house? Its underwater
Hi Nmbound,

One of your options would be to do a short sale on the house. If you had to move for employment reasons and the revenue from the rent is not sufficient to pay the mo ... more
0 votes Share Flag Thu Apr 7, 2011 Foreclosure in 33322
Bill Eckler, Real Estate Pro in Venice, FL
Bill Eckler answered:
what does foreclosure canceled per county mean?
It's anyone's guess but it sounds as though the county was exercising foreclosure options, possibly for taxes or other unattended to responsibilities that were probably paid a ... more
0 votes Share Flag Fri Jun 3, 2011 Foreclosure in Hollywood
Fran Rokicki, Real Estate Pro in BOLTON, CT
Fran Rokicki answered:
I am looking for an REO Realtor
Go online and Google, REO Agents. You should find a bunch in your area who can help you with your purchase. Good luck to you! It's a good time to buy!
0 votes Share Flag Mon Sep 17, 2012 Foreclosure in 33311
Elisabeth (L…, Real Estate Pro in Sparta, NJ
Elisabeth (Lis) Weinpel answered:
can't sell condo, can bank force foreclosure?
I am not an attorney but to the best of my experience, the bank can"force" a foreclosure for anything but the full loan amount pluses any penalties you may owe... when they a ... more
0 votes Share Flag Thu Feb 17, 2011 Foreclosure in Pompano Beach
Spirit Messi…, Real Estate Pro in Tucson, AZ
Spirit Messingham answered:
I live in Cincinnati, Ohio looking for a 2 bedroom, 2 bath condo in the Ft.Lauderdale/Mid- Miami area. Is there a website to find/rate a Realtor ?
Hi Teri
If you are unable to get a referral for an agent or Realtor I would suggest trying Zillow. Unlike Trulia, where agents & Realtors can write their own "testimonials&qu ... more
0 votes Share Flag Fri Jul 25, 2014 Foreclosure in Hallandale Beach
Erich Whitem…, Real Estate Pro in FL,
Erich Whiteman answered:
I have loan with Aurora bank.I would like to know who holds the note on my home since Aurora is not the lender .How to find the info.about my loan?
HI Emoore 47.

Have you filed with your lender for a modification under HAMP or HAFA? You might try that first if you live in the property and want to keep it. Call your lender and as ... more
0 votes Share Flag Mon Apr 16, 2012 Foreclosure in 33060
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
i have researched a specific property, been approved on a loan for it, put in a contract-no reposonse, how can i make sure it was sent on to deutche
Do you have a Realtor working for you? No one here on Trulia is going to help you determine if that bank received your offer or not. If you don't have a Realtor, find one. As a buy ... more
0 votes Share Flag Tue Sep 25, 2012 Foreclosure in Plantation
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Please, which could be a minimum price for a condominium 1 or 2 bd), at the beach. I do not have a preferenced beach. (foreclosed)Thanks, Alma Ram...
Consider working with an agent of your own; he/she can provide you with available properties that meet your needs, keep you informed as new properties arrive on the market, schedule sho ... more
0 votes Share Flag Fri Jan 21, 2011 Foreclosure in Fort Lauderdale
Angela Schra…, Real Estate Pro in Pembroke Pines, FL
Angela Schrager answered:
i was interrested in a piece of property which is now under contract can i still be able to follow up on it just in case it does not go thru
Hi Jeremiah: I would be happy to monitor the property for you and arrange for an email alert as soon as the status is changed on the MLS. If it falls through it will likely as not be ... more
0 votes Share Flag Sun Dec 19, 2010 Foreclosure in Fort Lauderdale
Raymond Garc…,  in 02050
Raymond Garcia answered:
Can the morgage company come after me after foreclosure in Florida ? I applied for remodification but was denied.
They can and they can even attach. It's a process that goes thru the courts, your situation ultimately will be the deciding factor.
0 votes Share Flag Sat Dec 4, 2010 Foreclosure in 33023
Pennie Arnes…, Real Estate Pro in Miami, FL
Pennie Arneson answered:
We've tried that already. Now the bank owns the house and they are offering us money to move out. No date given yet. What should we do?
You can make an offer directly to the bank to buy the house. That saves the bank the hassle of trying to fix and sell the home.
0 votes Share Flag Sun Nov 21, 2010 Foreclosure in 33312
Bob Movin-On,  in Hartford, CT
Bob Movin-On answered:
What is the best way to negotiate down a deficiency judgment (without using a lawyer)?
We use certified personal financial statements, most show the victim of foreclousre has no money to pay the deficiency.

Bob Patrick
Buy a home after foreclosure expert
Movin-On LLC ... more
0 votes Share Flag Sat Mar 10, 2012 Foreclosure in South Florida
Erich Whitem…, Real Estate Pro in FL,
Erich Whiteman answered:
Having lost my business because of NAFTA, I now face losing my apartment. Why did I put myself in harms way during the Korean war? Is tthis American?
These are very trying times for everyone with high unemployment and no adjustments to Social Security benefits for 3 years now.

I find it a sad political statement that they take vol ... more
0 votes Share Flag Mon Nov 15, 2010 Foreclosure in Sunrise
Jose Castillo…, Real Estate Pro in Hollywood, FL
Jose Castillo Lic REA answered:
I bought an HOA foreclosure in Florida, would I be responsible for the existing mortgages from the bank.
there is a crucial point to this question missing but: in general this is roughly how its treated.
OF Course your best bet is to Consult a real estate attorney;

For the cond ... more
0 votes Share Flag Tue Jul 10, 2012 Foreclosure in Miramar
Bob Movin-On,  in Hartford, CT
Bob Movin-On answered:
Instead of completing the short sale, can someone offer to purchase a note? The loan was assigned to Chase as tustee, who has filed a foreclosure.
Yes, in fact a company called PennyMac has been buying up defaulted loans at cents on the dollar then modifying the mortgages at full value.

Bob Patrick
Buy a home after foreclosure ... more
0 votes Share Flag Wed Oct 20, 2010 Foreclosure in Fort Lauderdale
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
What do you think will happen now that we have 4 banks joining in a moratorium on foreclosures?
Yes. Other banks will also halt foreclosures. But I expect to see a nationwide across-the-board halt, prompted by pressure from the government. I also expect to see title insurance comp ... more
0 votes Share Flag Mon Nov 15, 2010 Foreclosure in South Florida
Jose Castillo…, Real Estate Pro in Hollywood, FL
Jose Castillo Lic REA answered:
Can I having only SSD buy a forclosure, or a home, and be eligible to get a loan to do so with having SSD as my only income?
Hi Tanya,
it should be possible with SSD to purchase a property even a foreclosure. The bets option you have is to speak with a mortgage banker so they can determine your income to deb ... more
0 votes Share Flag Mon Oct 4, 2010 Foreclosure in Tamarac
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