Foreclosure in Elk Grove : Real Estate Advice

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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
What's a cancelled default?
Best guess is that the Landlord's Lender started to Foreclose, and then stopped for some reason:
Maybe he made arrangements to pay the arrears.
Maybe he has entered an agreement to Sh ... more
0 votes Share Flag Tue Mar 26, 2013 Foreclosure in Elk Grove
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
What are the chances my home goes into foreclosure?
It's hard to tell whether you'll eventually go into foreclosure. That's the same challenge faced by the lenders when issuing credit to purchase a home. At this point, if you're current ... more
0 votes Share Flag Tue Sep 30, 2014 Foreclosure in 95758
Laura Coffey, Real Estate Pro in Santa Clarita, CA
Laura Coffey answered:
Can the bank go after me if my sister and brother stopped making payments ?
If you are not on the loan or title you should have nothing to worry about.
0 votes Share Flag Sat Dec 15, 2012 Foreclosure in 95624
Sue Archer R…, Real Estate Pro in Palm Harbor, FL
Sue Archer Reynolds answered:
How long will it take to foreclose on a home in Arizona that is in an LLC, has two mortgages (Chase & BofA) and a line of credit?
I think your question ought to be posted for Arizona real estate experts to answer. I can only answer according to CA real estate policies.

First, you can only expect the first to f ... more
0 votes Share Flag Sun Nov 25, 2012 Foreclosure in 95624
Keisha Mathe…, Real Estate Pro in Elk Grove, CA
Keisha Mathews answered:
Trustee sale happened while under hafa review for deed in lieu..What can my parents do..I their Daughter Live In the Home W/kids
Hi Mari

That is so unfortunate.

I would first contact the Homeowner’s HOPE™ Hotline at 1-888-995-HOPE (4673) and explain the matter to see if you can get some assista ... more
0 votes Share Flag Wed Sep 5, 2012 Foreclosure in Elk Grove
Keisha Mathe…,  in Sacramento, CA
Keisha Mathews answered:
How long after you quit paying a mortgage until the bank (B of A) takes the home back?
Once the lender has formally filed a Notice of Default, Ca State law allows foreclosure after 90 days.

You can view the foreclosure timetable at my website below for specific details ... more
0 votes Share Flag Wed Jun 8, 2016 Foreclosure in 95624
Mark Forster, Real Estate Pro in Elk Grove, CA
Mark Forster answered:
Correction needed to a contract from possible overbid to a below market listing?
We need to look at your questions one at a time.
1) If you haven't seen the property how do you know it's low. Maybe there are issues with it that warrant the low price. ... more
0 votes Share Flag Wed Feb 6, 2013 Foreclosure in 95758
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
I have completed my trail period under hamp plus 4th payment, Bank America lost papers may take 7 mo to see if I qualify. what to do?
In order to best protect yourself and any other assets you may have, at this point it may be in your best interest to consult with an attorney who specializes in real estate, have all r ... more
0 votes Share Flag Thu Jan 6, 2011 Foreclosure in Elk Grove
Tracey Martin,  in Salinas, CA
Tracey Martin answered:
Does anyone know how long it takes to get kicked out of the house after defaulting on a Cal-Vet home loan? My brother is currently 5 months past due.
He needs to contact the VA. They work very hard to keep vets. in their home. If you can't figure out who to contact, at the VA, contact your local US Congressman's office. Th ... more
0 votes Share Flag Mon Aug 23, 2010 Foreclosure in Elk Grove
Michael Barr…, Real Estate Pro in Irvine, CA
Michael Barron answered:
What is a "Q" letter?
Hi thee Patty. Need more details about your question but most lilely the Loan Qualification or pre qual letter letter

Kind Regards
Michael Barron
First Team Real Estat ... more
0 votes Share Flag Wed May 5, 2010 Foreclosure in 95624
Dianne Hicks, Real Estate Pro in Rancho Bernardo, CA
Dianne Hicks answered:
is there a possibility if we were to foreclose that the bank will erase the principle.?
YOu mean not come after your for the money? Did you ever refinance for any reason? If you did I would suggest your try a short sale, that is one of the advantages of the short s ... more
0 votes Share Flag Wed Jan 5, 2011 Foreclosure in Laguna Springs
Steven Ornel…, Real Estate Pro in Fremont, CA
Steven Ornellas answered:
Foreclosures vs short sales?
Jack, ranked by priority, I'd go REO, non-distressed listings, and Short Sales. I have plenty of "scar tissue" from short sales - you have not been misinformed! Best, Steve
0 votes Share Flag Sun Aug 16, 2009 Foreclosure in Elk Grove
Alan K,  in Westminster, MD
Alan K answered:
am i just impatient? or...
Why would you consider only a foreclosure? There are many good deals out there that will compete with a foreclosure...including short sales.
0 votes Share Flag Fri May 15, 2009 Foreclosure in Elk Grove
Gene Yakubov…, Real Estate Pro in Burlingame, CA
Gene Yakubovich answered:
Should I walk away from a investment property in Elk Grove CA ?
In my opinion the Market in your area has been bottom down. We start to see more sales in last few month that at the end of 2008. There are some alternatives, for you available ... more
0 votes Share Flag Sun Aug 16, 2009 Foreclosure in Elk Grove
Steven Ornel…, Real Estate Pro in Fremont, CA
Steven Ornellas answered:
what is the price of this house?
Jennifer, it's $369,900. -Steve
0 votes Share Flag Wed Jan 14, 2009 Foreclosure in 95624
Daniel, Other/Just Looking in Baton Rouge, LA
Daniel answered:
On a foreclosure, can you get off contract if there is problem with the house?
no, preforeclosure or post bank owned foreclosures, you will probably be protected under normal purchase agreement guidelines
0 votes Share Flag Sun Aug 16, 2009 Foreclosure in Elk Grove
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
I want to buy a foreclosed Home in the Elk Grove area because they say you can get a great deal sometime half
Several homes in Elk Grove have come down by that much from their peak prices in 2005.
0 votes Share Flag Sat Mar 12, 2011 Foreclosure in Elk Grove
Dot Chance, Real Estate Pro in Burbank, CA
Dot Chance answered:
First time home buyer question
Brian, you mentioned a limited employment history...were you in school before that? Sometimes you can get around it if that is the case.

I say there is always hope! You need to work ... more
0 votes Share Flag Tue May 13, 2008 Foreclosure in Elk Grove, CA
Cammie Gentry, Real Estate Pro in Elk Grove, CA
Cammie Gentry answered:
is it better to rent or sell a property in the laguna area in elk grove right now?
I have had rentals and they seem to take a lot of time and maintainance. You stand a chance of the renters doing more damage than the security deposit. Your mortgage payment is probab ... more
0 votes Share Flag Mon Mar 3, 2008 Foreclosure in Elk Grove, CA
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