Foreclosure in California : Advice

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John Juarez, Real Estate Pro in Fremont, CA
John Juarez answered:
Should foreclosure show up on credit report ?
If you are asking whether or not we think that an adverse report should appear on your credit report, I have a question for you. What difference will our opinion make? You have been sai ... more
0 votes Share Flag Wed Jan 14, 2015 Foreclosure in 92584
Randy Elliott, Real Estate Pro in Lodi, CA
Randy Elliott answered:
how do i find out the new owner of the property I'm renting in Stockton calif?
What's the address of the property? We can check for you.

If our records aren't updated yet, then you can check with the County Recorder's office.
0 votes Share Flag Tue Apr 16, 2013 Foreclosure in 95210
Pebble Singha…, Real Estate Pro in Encino, CA
Pebble Singha .. answered:
Can the owner of a "rent to own home" foreclose on said home then rent out said home to other tenant while foreclosure is in process?
Hello Ed,
Interesting question you have posted here. I am a bit confused by your question. More specific details are needed without assuming things here. Depends on who is the owner he ... more
0 votes Share Flag Tue Apr 16, 2013 Foreclosure in Los Angeles
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
In CA, am I required to pay HOA fees after my home has foreclosed? I am being sued and have a court date.
I've seen this many times:
Understand that Realtors do not give LEGAL advice, and you need to check with a Lawyer:
The Key is whether the actuall did file a LIEN on the House; the onl ... more
0 votes Share Flag Fri Apr 12, 2013 Foreclosure in 94538
Cory La Scala, Real Estate Pro in San Diego, CA
Cory La Scala answered:
what are my rights on non disclosure of black mold i actually have seller admitting it on tape over phone.i dont know my rights or the law
I'm wondering why you didn't just ask the seller where the written disclosure is, if you already knew about the mold from your conversation together. If you knew about it, you could h ... more
0 votes Share Flag Tue Apr 16, 2013 Foreclosure in 91942
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
When can the new owner of a foreclosed home ask for rent?
Shortylvta,

Depends on whether you are month-to-month or on a lease (and what it says).

You might be interested in the following:

http://docs.Steven-Anthony.com/Landlord-Tenan ... more
0 votes Share Flag Fri Apr 12, 2013 Foreclosure in 95210
Randy Elliott, Real Estate Pro in Lodi, CA
Randy Elliott answered:
The new owner purchased the home I'm renting on the 5th and wants the rent on the 15th when there is major habitability issues that he wants me
My question is, "Why are all the prior tenants in the garage?" jk

Your best bet would be to get legal advice from a real estate atty or call Fair Housing or HUD.

Resources:
htt ... more
0 votes Share Flag Fri Apr 12, 2013 Foreclosure in 95210
Walter 'Skip'…, Real Estate Pro in 92870
Walter 'Skip' Kersten answered:
does the new owner of a foreclosed property have to pay for damages in the home?
Generally foreclosed homes are purchased 'as is'. It would be the buyer's responsibility for repairs.
Good luck,
0 votes Share Flag Sun Aug 18, 2013 Foreclosure in 95210
Steve Ornell…, Real Estate Pro in Fremont, CA
Steve Ornellas answered:
I see many foreclosed homes listed by RealtyTrac. It requires a credit card. Is this a valid service or can I use a realtor for 'free'?
Hi Debi,

I would just caution you if the property listings are from RealtyTrac, which is a company who advertises "foreclosure listings" on Trulia. RealtyTrac's primary objective is ... more
0 votes Share Flag Fri Apr 12, 2013 Foreclosure in 93455
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
Can the bank come after our rental property (formerly our primary we borrowed against) if we short sale our primary home? Both homes are under water.
I'm no attorney and this is just a public help forum, but I would imagine the bank can come after ANY assetts they know you hold. The mortgage loan may have only been secured by the pr ... more
0 votes Share Flag Thu Apr 11, 2013 Foreclosure in Sonoma
Kevin Sander…, Real Estate Pro in San Diego, CA
Kevin Sanderlin answered:
In California, if Notice of Trustee Sale gives 13 days from sale date rather than 20 days required; do they have to restart the 20 day notice?
Hello,
It's actually just 14 days notice that is needed. So, if they have given you 14 days notice and you have a trustee sale date coming up, you do not have much time to figure out ... more
0 votes Share Flag Thu Apr 11, 2013 Foreclosure in 92106
Darrin Tinsl…, Real Estate Pro in Oakland, CA
Darrin Tinsley answered:
Could we face another wave of forclosures due to ARM resets and what will that do to home prices?
In my opinion No. New ARM account for a far smaller portion of total loans and the underwriting standards are much higher. Not to say that there will not be more forclosures in the fu ... more
0 votes Share Flag Fri May 10, 2013 Foreclosure in Redwood Heights
Bcspabliss, Home Buyer in Rancho Cordova, CA
Bcspabliss answered:
Is it ethical for your agent who had 2 mo to ss your home, sold at auction and then became buyer's agent ( to his clients) on the home 2 weeks?
* I meant in question, home sold at auction and became buyer's agent to his clients on the home in less than two weeks from auction. They semi/flipped in one week and had open house th ... more
0 votes Share Flag Wed Apr 10, 2013 Foreclosure in Rancho Cordova
Heather Paul, Real Estate Pro in Santa Monica, CA
Heather Paul answered:
Can you push a Foreclosere date out?
Yes, they can if they are on top of it, most of the banks will do an extension for the foreclosure REO auction date, ask your agent to push them to do this if they haven't yet. Ultimate ... more
0 votes Share Flag Fri Oct 11, 2013 Foreclosure in 90403
Diana Kent, Real Estate Pro in Paradise, CA
Diana Kent answered:
how many foreclosures are available in magalia ca 95954?
Hi Helen,
As of April 20th 2013 there are 8 Active listings that are Bank owned properties that do not have an accepted offer on them at this point.
0 votes Share Flag Sat Apr 20, 2013 Foreclosure in 95954
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
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Bank had a short sale of our rental property , did not contact us before and even after or letting us know we owe them money after the short sale.
In order to best protect yourself consult with an attorney who specializes in real estate, see exactly what options you may have.
0 votes Share Flag Sat Apr 6, 2013 Foreclosure in San Jose
Dave Blockhus, Real Estate Pro in Los Altos, CA
Dave Blockhus answered:
I'm looking for a real estate agent who specializes or works with finding foreclosures?
Denise,

As the market improves, foreclosures are less likely to occur. I suggest you find an agent who knows the area to find you the best deal possible
0 votes Share Flag Mon Apr 8, 2013 Foreclosure in Mountain View
Jory Blake, Real Estate Pro in Riverside, CA
Jory Blake answered:
How does deed in lieu work if there are two mortgages?
In California, the 1st lien-holder may/ may not accept a "deed-in-lieu of foreclosure" then liquidate the property. Ina purchase money scenario,The 2nd lien holder (Junior or subordinat ... more
0 votes Share Flag Sat Apr 6, 2013 Foreclosure in 92592
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