Foreclosure in Cerritos : Advice

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Same Day 203k…, Real Estate Pro in Los Angeles County, CA
Need a HUD Approved 203k Consultant? Call Same Day 203k Service!Call Now  323 ... Read more
Blogged Sun Nov 18, 2012 by Same Day 203k 309 9722 Financing Foreclosure Remodel & Renovate
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Mike Linkena…, Real Estate Pro in Jacksonville, FL
North Orange County Short Sale Specialist What is a real estate short sale in No... Read more
Blogged Thu Dec 13, 2012 by Mike Linkenauger Foreclosure
InSook Uhm of…, Real Estate Pro in Cerritos, CA
Foreclosures declined 15.5 percent in California in December compared with the p... Read more
Blogged Wed Jan 13, 2010 by InSook Uhm of Century... Foreclosure
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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
What is the process of buying a house that is foreclosed or at an auction?
Two entirely different questions:
To buy at an AUCTION; the Trustee Sale, you will need to bring all CASH; are you prepared to do that?
The houses at the Trustee Sales usually go back ... more
0 votes Share Flag Tue Oct 23, 2012 Foreclosure in 90703
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
If your house is in foreclosure with a sale date, at that point is it too late to do a short sale?
About a year to late.

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes Share Flag Wed Oct 24, 2012 Foreclosure in 90703
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
How should I contact HomePath to buy a condo that was recently foreclosed by Fannie Mae, but they have not yet put it on the market?
They won't talk to you about any offer submission.

The only information you MIGHT MIGHT MIGHT get out of them is a date in which it MIGHT come on the market OR if they can give you a ... more
0 votes Share Flag Tue May 29, 2012 Foreclosure in Cerritos
DJ Bonner, Real Estate Pro in Torrance, CA
DJ Bonner answered:
Is it safe to bid on a condo auction where the previous owner is still living? How to bid safely? Will it be hard to evacuate him? Thanks
It all depends on the current owner and if they are willing to leave. If not it will be a process or you can offer them cash for keys. Also be sure to check title and HOA.
Best of Luck ... more
0 votes Share Flag Thu Apr 5, 2012 Foreclosure in Cerritos
Franklin Jac…, Real Estate Pro in Los Alamitos, CA
Franklin Jacks answered:
How do I find name of loan officer and lender on a property in pre-foreclosure?
Hi HBuyer,

If you have a certain home in mind please contact me directly at
franklin.jacks@century21.com and I will get you the information you need.
As a Broker I will contact th ... more
0 votes Share Flag Thu Apr 5, 2012 Foreclosure in Cerritos
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
The house on 12114 abana cerritos ca 90703 is bank owned for over120 days. When will it go on the market to sell. Previous owners still occupy.
Even if you called up the bank you wouldn't get an answer to this question. This is called "Shadow Inventory" & the banks are controlling market prices by bringing h ... more
0 votes Share Flag Tue Dec 27, 2011 Foreclosure in 90703
Mark Anthony…, Real Estate Pro in Cerritos, CA
Mark Anthony Ruiz answered:
Can a bank negotiate with owners of a house who have had the house repossessed in August 2011 ? The previous owners still live in the house..positive
FIRST ANSWER

When the bank takes the house in its possesion, the eviction process can take up to six months. First, the bank send an REO agent to negoiate the relocation fee .. Our ... more
0 votes Share Flag Thu Sep 20, 2012 Foreclosure in 90703
CJ Brasiel, Real Estate Pro in San Jose, CA
CJ Brasiel answered:
Can a bank negotiate with owners of a house who have had the house repossessed in August 2011 ? The previous owners still live in the house..positive
Tana -

There are rare situations where a bank will rent back to the owners foreclosed upon when extenuating circumstances exist (health, children, etc). There are rumors that banks ... more
0 votes Share Flag Sun Dec 4, 2011 Foreclosure in 90703
Diane Wheatl…, Real Estate Pro in Rancho Cucamonga, CA
Diane Wheatley, Broker answered:
How long can a house in the state of Californa be in foreclosure?
I would like to find a statute of limitations on how long a home can remain in foreclosure. I have not found one yet. A colleague of mine has his home in foreclosure for four years no ... more
0 votes Share Flag Sun Aug 22, 2010 Foreclosure in 90703
Emelia Sanch…, Real Estate Pro in Ontario, CA
Emelia Sanchez answered:
What happens to a house at an auction if there are no bidders and the back buys it back? What happens to the current owners? Do they move out asap?
It will depend on the character of the homeowner. I have seen a homeowner foreclosed in 12/08 and got an attorney and fought the bank claiming they didn't follow procedure and tied ... more
0 votes Share Flag Sat Apr 17, 2010 Foreclosure in 90703
Lourdrie McN…, Real Estate Pro in Lakewood, CA
Lourdrie McNamee answered:
Is the house on http://www.trulia.com/property/1075685000-13230-Hedda-Pl-Cerritos-CA-90703 still avail?
Tony,

Yes, it is still available, actually it has just been put on the market. It is a short sale and the listing agent anticipates multiple offers. If you need more details, pleas ... more
0 votes Share Flag Fri Jun 12, 2009 Foreclosure in 90703
Ben Bailey, Real Estate Pro in Phoenix, AZ
Ben Bailey answered:
Are their any short sales or forclosure home in Cerritos. What is the best way to know about these other than?
There are numerous services out there that you can pay for to give you that information, and these services comb through county records of public information to provide you with the dat ... more
0 votes Share Flag Wed Apr 14, 2010 Foreclosure in 90703
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