Foreclosure in Livermore : Advice

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Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
How do I purchase a forclosed home?
Starting is always started at step #1 and step #1 is to speak to a lender to see if you can get a loan and for how much. They can answer many questions. Next go speak to a Realtor who c ... more
0 votes Share Flag Sat Jul 28, 2012 Foreclosure in Livermore
Robin Young, Real Estate Pro in Pleasanton, CA
Robin Young answered:
how to remove an hoa lien from a townhome,bank is not forclosing and fees are up to 7k?
Hello Mr. Mo-the easy short answer is...the HOA would have to submit to the recorders office a release of lien.
If you need further detail please let me now.
Thanks Again,
Robin Youn ... more
0 votes Share Flag Wed Feb 29, 2012 Foreclosure in 94551
Sally Blaze, Real Estate Pro in Livermore, CA
Sally Blaze answered:
How to remove HOA lien on the property against previous owner? Collection said no law required them to release a extinguished lien. Is this true?
It is always advisable to check with a real estate attorney or licensed CPA for these types of questions. I would start by checking with the title / escrow company that handled your pu ... more
0 votes Share Flag Thu May 23, 2013 Foreclosure in 94551
David Chiles, Real Estate Pro in Los Angeles, CA
David Chiles answered:
what is the difference between ROE-bank owned and notice of trustee sale/auction At what point must the homeowner/person in the home move out?
Thank you for your question about foreclosure procedure. An REO is a bank owned property generally without occupants.

The Foreclosure process starts when a homeowner cannot pay th ... more
0 votes Share Flag Wed Nov 10, 2010 Foreclosure in Livermore
Dp2, Other/Just Looking in Virginia
Dp2 answered:
I own a rental property in Los Angeles that is 20% loan to value. My other property in Las Vegas just went into forclosure with one loan. Can the?
That all depends upon the type of loan(s) that you had on the foreclosed property, whether you held that title for the LV property in a LLC, whether you're holding the title for th ... more
0 votes Share Flag Tue May 18, 2010 Foreclosure in 94550
John Juarez, Real Estate Pro in Fremont, CA
John Juarez answered:
how often does gmac file for a deficiency judgement in connecticut after foreclosure?

Whatever the answer to your questions is…and, not being in Connecticut, I have no idea what the answer is…that answer will only be good for today. GMAC, or any lend ... more
0 votes Share Flag Wed Nov 4, 2009 Foreclosure in 94550
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
Electronic signatures - why are banks shying away from these?
Because they are new and misunderstood.

FHA has not yet approved digital signatures and, until they do, many banks and asset managers will not accept them. It’s very unfortun ... more
0 votes Share Flag Fri Mar 12, 2010 Foreclosure in Livermore
Michael Poll…, Real Estate Pro in Riverside, CA
Michael Pollak answered:
Can we lose our primary residence or have a lien placed against us if we stop paying on our rental?
The bank cannot go after your current home if you are current on your mortgage. The collateral for the loan is the house. A lien cannot be placed on your current home for a delinquent m ... more
0 votes Share Flag Fri Sep 25, 2009 Foreclosure in 94550
Brian LeBars, Real Estate Pro in Pleasanton, CA
Brian LeBars answered:
How can I find out more about a foreclosure home on Walker Pl in livermore?
Hi Trinh...

A good local agent can assist you. I would be happy to recommend one if you are currently not working with a Livermore Realtor.
0 votes Share Flag Tue Jul 28, 2009 Foreclosure in Livermore
Toni Dalrymp…, Real Estate Pro in 93312
Toni Dalrymple answered:
How do I deal with 2nd mortgage, equity maximizer?
Hi Mary...

I am sorry to hear about your financial situation. You are not alone in this process. Loss mitigation and loan modifications, as well as short sales are all options that ... more
0 votes Share Flag Sun Dec 21, 2008 Foreclosure in Livermore, CA
Michele Lund…, Real Estate Pro in 48334
Michele Lundgren answered:
Short Sales, how do they work?
First, get online and read everything you can about short sales...there are so many forums, classes, etc. It is a complicated process and your online education is a great place to start ... more
0 votes Share Flag Wed Aug 19, 2009 Foreclosure in 94550
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