Foreclosure in Broward County : Real Estate Advice

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Isa, Other/Just Looking in Miramar, FL
Isa answered:
what is the difference between an REO and a PPO?
what is the difference between an REO and a PPO?
0 votes Share Flag Sun May 29, 2011 Foreclosure in Miramar
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
can the condo association foreclose on my condo for not paying my maintinence,we have a reverse mortgage from wells fargo,my mother shes 75 yrs?
Yep. Unless there's something in the governing documents to the contrary, they so can foreclose. So, pay the maintenance!
0 votes Share Flag Mon Jun 3, 2013 Foreclosure in 33020
Richard Mals…,  in Fresno, CA
Richard Malsed answered:
waht to do with my condo in Dania FL?
Your first step is to get a Realtor out there to take a look at it and get a comparative market analysis. Find out what it's worth, and find out what the pay off is. Getting that i ... more
0 votes Share Flag Tue Aug 7, 2012 Foreclosure in Dania Beach
Alma Kee, Real Estate Pro in Tampa, FL
Alma Kee answered:
My house will be sold at an internet auction. The bank has a maximum bid $ 3000.00 higher than the final judgment. My questions are?
So if I understand you correctly, your house is being auctioned by the county clerk? The lender has not yet foreclosed and took ownership?

Why not try to stop the sale and immediate ... more
0 votes Share Flag Wed Apr 28, 2010 Foreclosure in 33314
Kent Gagon, Real Estate Pro in Chandler, AZ
Kent Gagon answered:
Should I let the bank foreclose?
You are not alone in the situation that you are in. However, we as real estate professionals cannot tell you what to do, we can only help you accomplish what you want to do, ... more
0 votes Share Flag Thu Oct 11, 2012 Foreclosure in Fort Lauderdale
Nicole Marks…, Real Estate Pro in Boca Raton, FL
Nicole Marks Mason answered:
I am browsing this foreclosure site in 33019 for condos in H.B, 12 of them (REO) bank owned $1,000. Another $47,100 @ 2200S Ocean intersects Iris Ter.
Hello, Mandy. The $1,000 properties you are referring to are probably an initial deposit. Yes, I agree with you in that $47,100 does sound more reasonable. I am able to help you with ... more
0 votes Share Flag Wed Apr 21, 2010 Foreclosure in Hollywood Beach - Quadoman
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
how much is the insurance runs in this area?
For an accurate picture as to the insurance-- contact any insurance companies for estimates, specifically based on the property of interest and the package that would best suit your nee ... more
0 votes Share Flag Fri Oct 15, 2010 Foreclosure in Pembroke Pines
Maureen Cody,  in Charleston, SC
Maureen Cody answered:
Can an unpaid debt from a default judgment due to foreclosure be erased after a period of time, if so, how many years?
Dear Ash,

To find accurate answer to your question, you'll want to consult with a professional, such as your accountant, or credit counselor.

Best of luck,
Mau ... more
0 votes Share Flag Wed Apr 7, 2010 Foreclosure in North Central Hollywood
Sean Dawes, Other/Just Looking in Philadelphia, PA
Sean Dawes answered:
I need a realtor that is investor friendly and understands the investor mindset. Are there any in the Broward County Florida area?

Are you an end buyer or a wholesaler who flips paper? Reason why I ask is your question says "investor friendly" as there should be plenty of realtors who will work ... more
0 votes Share Flag Thu Apr 1, 2010 Foreclosure in Hollywood
John Bennett, Real Estate Pro in Orlando, FL
John Bennett answered:
I'd like to hear some expert opinion regarding the Broward County Foreclosure database/auction site; considering making an online bid for a
YOu might also got to Freeport and lay the same down on Black and Even
0 votes Share Flag Mon Mar 29, 2010 Foreclosure in 33076
How does my remodeling company find a real estate agent or asset manager in the South Florida area to work on foreclosures?
Lann, you need to interview a few real estate agents in the area you're looking to invest in and go from there.

We'd be happy to help you find such properties in Southwest ... more
0 votes Share Flag Fri Aug 24, 2012 Foreclosure in 33021
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
houses for $1,000. Is this really the price and how can I get one.
No. It's not really the price. You can't get one at that price.
0 votes Share Flag Wed Mar 24, 2010 Foreclosure in Miramar
Keith Manson-…,  in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
What does PPR stand for?
You got my interest. Of course most people understand what REO stands for Real Estate Owned which is properties that have been foreclosed on and the banks are trying to resell them. PP ... more
0 votes Share Flag Tue Mar 22, 2016 Foreclosure in Miramar
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
How can one determine if a property is vacant or occupied?
You can look for some symptoms of vacancy.
Is the grass getting tall?
Do cars come in and out of the driveway?
Are the lights on at night?
Are newspapers building up in front of th ... more
0 votes Share Flag Sun Feb 27, 2011 Foreclosure in Miramar
Bob McClure, Real Estate Pro in Walled Lake, MI
Bob McClure answered:
what is the difference between an REO and a PPO?
good afternoon...i believe you mean..bpo...and reo is real state owned (already been foreclosed on and owned by the bank- or investor who purchased it at sheriff's sale)..a bpo is ... more
0 votes Share Flag Mon Aug 15, 2016 Foreclosure in Miramar
Linda S. Cef…, Real Estate Pro in Franklin, WI
Linda S. Cefalu answered:
Buying a Foreclosure - Totally lost
My personal experience has been that very often foreclosures do not qualify under the FHA loan. The reason is that in many instances, these homes have been neglected. FHA is extremely ... more
0 votes Share Flag Thu Feb 17, 2011 Foreclosure in 33027
Monir Mamoun, Real Estate Pro in Denville, NJ
Monir Mamoun answered:
Can a reverse mortgage provide safety and additional income?
Gabriel, it is practical and a practical necessity for many older (62+ of age qualifying) homeowners.

I wrote a 5 part blog on it - about the new FHA reverse mortgage program update ... more
0 votes Share Flag Sun Oct 27, 2013 Foreclosure in Pompano Beach
Keith Manson-…,  in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
How do you foreclose on a property?
Hire a foreclosure attorney and be prepared to spend a lot of money. Make sure it is a foreclosure attorney or you will spend even more money foreclosing. See who is doing the foreclo ... more
0 votes Share Flag Sat May 5, 2012 Foreclosure in Pompano Beach
Tim Ambrose, Real Estate Pro in Castro Valley, CA
Tim Ambrose answered:
need some legal advice for buyer. I was in contract with a bank owned property. The deal fell through after many extensions due to conditions needed
Hi Linda,

Unfortunately, your son is responsible for paying the bill. The bank agreement was to pay for the work if the deal closed and they would pay at closing. Since it did not cl ... more
0 votes Share Flag Tue Mar 2, 2010 Foreclosure in Fort Lauderdale
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
i have 100000 dollars, i want to live in east new jersey, is it better for me to buy a foreclosed family house or condominium??
Hi Douas...........Where in east NJ do you want to live?

Is your price range $100,000, or are you planning on taking out a mortgage to add to that?

Just know that a house that was ... more
0 votes Share Flag Tue Feb 23, 2010 Foreclosure in Fort Lauderdale
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