Foreclosure in Madison : Advice

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Michelle Mar…, Real Estate Pro in Madison, WI
Michelle Marking answered:
I am an agent in Las Vegas but I have a relative that needs to do a short sale in Deforest.
I have done numerous short sales and foreclosures. My clients rely on me to treat them like family. Know that I would do my best to help them through the short sale process. You can ... more
0 votes Share Flag Fri Sep 21, 2012 Foreclosure in Madison
Steve Comfort, Real Estate Pro in Walnut Creek, CA
Steve Comfort answered:
Can a person make a secondary offer on a forclosure property that already has an accepted offer?
Yes, it's called a backup offer. However, not all sellers accept backup offers, so have your agent check with the listing agent to see if the seller will accept backup offers. If ... more
0 votes Share Flag Fri Nov 18, 2011 Foreclosure in Madison
Dp2, Other/Just Looking in Virginia
Dp2 answered:
bank dropped reo list price $10K THE same day they countered my offer. was on market 88 days w/NO offers & bam, in comes a 2nd offer. cause 4
You have a few options for extracting that info without showing your hand, and possibly without upping your offer needlessly. Instead of asking any of those questions directly, you cou ... more
0 votes Share Flag Thu Nov 17, 2011 Foreclosure in Madison
Patti Pereyra, Real Estate Pro in Chicago, IL
Patti Pereyra answered:
Is it a good investment to buy a home for 15% below its assessed value? I will only be living here 3-5 years.
Hi Kristin:

First of all, let's clarify the differences between assessed value, appraised value, and market value:

Assessed Value: Value placed upon a home by the town assessor ... more
0 votes Share Flag Thu Apr 3, 2008 Foreclosure in Madison, WI
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