Foreclosure in Detroit : Advice

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Farrah Wilder, Real Estate Pro in Oakland, CA
Farrah Wilder answered:
is the property at 9111 Dexter Detroit, Michigan 48206 in forclosure?
Check here with the owner's name if you have it - http://www.waynecountylandrecords.com/RealEstate/SearchEntry.aspx
0 votes Share Flag Thu Dec 16, 2010 Foreclosure in 48206
Ellen Dandrow, Real Estate Pro in 08050
Ellen Dandrow answered:
Can Buy this home from outside USA?
Yes, if you are a cash buyer you can wire the funds electronically. However, I always recommend that a buyer view the home and hire a professional home inspector to do all of the necess ... more
0 votes Share Flag Tue Jan 4, 2011 Foreclosure in Detroit
David Bolling, Real Estate Pro in Ferndale, MI
David Bolling answered:
If I see a house on the website how do I get the address. House of interest Sussex $17,490
18060 Sussex Street, Detroit
0 votes Share Flag Tue Nov 30, 2010 Foreclosure in 48235
James Spence, Real Estate Pro in Detroit, MI
James Spence answered:
how do i buy this house; 6467 lindwood, detroit, michigan, 48208?
Hello Ms Santori this is James Spence and that home does not show up on the public records. If you like you can verify the address and contact me directly.

James Spence
Jack Christe ... more
0 votes Share Flag Mon Nov 29, 2010 Foreclosure in NW Goldberg
Tom Lipinski, Real Estate Pro in Shelby Township, MI
Tom Lipinski answered:
If a bank states that a property has been charged off, and it is near the end of the redemption period, what does this mean?
If the property foreclosed in Michigan, the foreclosed borrower has a statutory 180 day redemption period. This means the foreclosure can be canceled out by paying the full amount owed, ... more
0 votes Share Flag Thu Nov 18, 2010 Foreclosure in Detroit
Michael Warr…, Real Estate Pro in Novi, MI
Michael Warren answered:
in michigan, how long after auction do the owners need to move out
Hi Alice

Per state law the homeowner has six months to redeem the property, the amount bid at the sheriff sale, plus any interest, fees, etc. Thus, they can live in the house for at ... more
0 votes Share Flag Sat Oct 30, 2010 Foreclosure in 48224
Pam Truex, Real Estate Pro in Bloomfield Hills, MI
Pam Truex answered:
a foreclosed condemned house and garage, how do i go about purchasing the land after demolished by city?
you must go to the city to find who actually has the "deed" to see, one if it's avalable for an individual to purchase, but to also see if it's been demolished for a ... more
0 votes Share Flag Sun Oct 17, 2010 Foreclosure in Brightmoor
Dp2, Other/Just Looking in Virginia
Dp2 answered:
Detroit house sold at sheriffs sale. will go to deed office and pay what sold for at auction. How do i get calculations from sheriff deed?
First, you'll need to contact the Wayne county clerk of court, sheriff, or treasurer office to get the info on how much you'd owe. You probably should hire an attorney who sp ... more
0 votes Share Flag Tue Sep 21, 2010 Foreclosure in Detroit
Derek Bauer,…, Real Estate Pro in Livonia, MI
Derek Bauer, Door to Dreams... answered:
Once your house is in the redemption period of foreclosure, are banks ever receptive to renting you the home for a short period of time?
Shayla,

I have not seen a bank rent a home back to a homeowner, however you or an attorney you secure may be able to negotiate a, "cash for keys," with them so they can avo ... more
0 votes Share Flag Tue Sep 21, 2010 Foreclosure in Detroit
Thomas, Real Estate Pro in Lafayette Park, Detr...
Thomas answered:
I owe 54K on an upside down mortgage. I'm considering walking away, but would rather not. I have buyer for 5k, and I’m willing to pay 15k ...
You have already received some good advice Donna. However it is best to get a legal opinion regarding your legal choices. The fact is you entered into a legal and binding contract to pu ... more
0 votes Share Flag Mon Aug 9, 2010 Foreclosure in Detroit
Ryan Smith, Real Estate Pro in 92563
Ryan Smith answered:
how do i go about doing an abatement on a property that the homeowners walk away from?
In general the County or City will have to cite the property and then have an approved contractor preform the work, in other cases the banks will have a field contractor preform the aba ... more
0 votes Share Flag Fri Jul 23, 2010 Foreclosure in Detroit
Tim Cahill, Real Estate Pro in Arlington, MA
Tim Cahill answered:
i recently filed bankruptcy. my lender havent contacted me. should i try save my home or move because the same house down the street is going for?
Hi Mark,

A real estate agent won't really be able to help you answer this question directly. The most competent person(s) would be a real estate attorney and/or your financial ... more
0 votes Share Flag Mon Jul 19, 2010 Foreclosure in 48224
Cicely Brook…, Real Estate Pro in Birmingham, MI
Cicely Brookover answered:
trying find out was my house sold at sheriff sale
It as sold January 27, 2010. Your redemption time is up July 27, 2010
0 votes Share Flag Tue Jun 15, 2010 Foreclosure in Detroit
Steve Bozino…, Real Estate Pro in Clinton Township, MI
Steve Bozinovski answered:
how do i find out the owner of my home?
ask me. i can get you the info.
0 votes Share Flag Tue Jun 15, 2010 Foreclosure in Detroit
Andy Hargrea…, Real Estate Pro in Plymouth, MI
Andy Hargreaves answered:
I recently had a fire that destroyed my home. My insurance proceeds will just barely cover me relocating to a new home (which is necessary due to the
Not sure about your insurance policy, but isn't the point of insurance to replace the home to what it was prior?
I'd say there is NO way they can rebuild the home for $10-40 ... more
0 votes Share Flag Tue May 18, 2010 Foreclosure in Detroit
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
Can homeowner ask the bank to accept a lower amount then the "redemption amount"? Will they accept it? Has anyone done this or know someone
We have made less than offers before the the auction date and found that as long as the money did not come from the homeowner, it came form a family member or friend, the lenders would ... more
0 votes Share Flag Sat May 1, 2010 Foreclosure in Detroit
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Our landlord is selling, if someone take's over the property and wants us to move out how long do we have?
Do you have a lease and if so what does it state--you may also want to consult with an attorney who specializes in real estate and see what options you may have--most professionals do o ... more
0 votes Share Flag Wed Apr 7, 2010 Foreclosure in 48228
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
can somone tell me why property is so cheap in detroit and what are the hidden catches is it possible to buy 2 or 3 houses for really cheap and then?
It's cheap because there's no demand for it.

Sure, you could buy houses cheaply, demolish them, then wait. But if you do the numbers it probably wouldn't be worth it. ... more
0 votes Share Flag Tue Apr 6, 2010 Foreclosure in Detroit
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