Foreclosure in Mercer County : Advice

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Minna Reid, Real Estate Pro in West Hartford, CT
Minna Reid answered:
Options for vacant property
If you are upside down in the home - a short sale would be another option.
0 votes Share Flag Sat Feb 9, 2013 Foreclosure in 08525
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
How to find out if the house in Ewing, NJ that I am rent is in foreclosure? If the house is in foreclosure, what can I do as a renter?
To find out if the home is in foreclosure check your county clerk for a foreclosure filing. In order to foreclose the bank has to file legal documents called a "Notice of Lis Pendens" ... more
0 votes Share Flag Sat Sep 15, 2012 Foreclosure in Ewing
In the Mercer County area, what percentage of market value are foreclosures being bought? So, based on a $100,000 market value what are foreclosed homes going for in areas of mercer county?
0 votes Share Flag Fri Apr 27, 2012 Foreclosure in Mercer County
Jane Shebroe, Real Estate Pro in Caldwell, ID
Jane Shebroe answered:
Who is responsible for paying property taxes on a home that had a reverse mortgage and after death of the owner was turned over to the bank?
I am not an attorney or expert on this subject by any means, but assuming the homeowner is now the bank, and no one else has a legal claim to any percentage of the property, I believe t ... more
0 votes Share Flag Tue Jun 4, 2013 Foreclosure in Hamilton Township
Kevin Vitali, Real Estate Pro in Tewksbury, MA
Kevin Vitali answered:
Can you appeal a BPO?
Typically when dealing with BPO's on a short sale, the banks will not re-evaluate value for 3 months after setting a value. Not to say that if you can state a strong case they may ... more
0 votes Share Flag Sun May 29, 2011 Foreclosure in Robbinsville
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Are there realtors that deal exclusively in foreclosures?
Most Realtors won't limits their market share.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ra ... more
0 votes Share Flag Fri Mar 4, 2011 Foreclosure in 08534
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
This Co. says they will short buy my house for 60% and give me a lease op to buy back up to 10 years is this a good deal
Most banks I have dealt with will not permit the former owner to remain in the home as a tenant. I would ask for some proof, perhaps referrals for people they have done this for and I ... more
0 votes Share Flag Tue Jan 25, 2011 Foreclosure in 08618
Joanna Morris, Real Estate Pro in Inverness, FL
Joanna Morris answered:
Can we contact the attorney acting on behalf of the lender to find out whats going on with a property that received notice of foreclosure a year ago?
Typically the foreclosure process takes a long time. Eventually they will foreclose and give the property to a Realtor to list.
0 votes Share Flag Mon Nov 1, 2010 Foreclosure in Princeton
Barbara Smith, Real Estate Pro in Moorestown, NJ
Barbara Smith answered:
Are there real estate agents who specialize in foreclosures? How do I find one if so? What is the best way to learn about buying foreclosures?

Buying a foreclosure that is listed for sale through a real estate broker is not much different than buying from a private owner. The foreclosed home was taken back by the b ... more
0 votes Share Flag Thu Jun 24, 2010 Foreclosure in Lawrenceville
0 votes Share Flag Fri Jun 4, 2010 Foreclosure in Hamilton
Adrienne Sol…,  in Metuchen, NJ
Adrienne Soltis answered:
in West Windsor and Plainboro school district, how can I possibly find a foreclosure condo/townhouse?
My name is Adrienne Soltis from Keller Williams and to answer your question the easiest way is to have a Realtor assist you in searching for foreclosures in these areas. In mos ... more
0 votes Share Flag Tue Apr 2, 2013 Foreclosure in 08550
Jim Thomas,  in Fishers, IN
Jim Thomas answered:
If you foreclose on a property and need to rent an apartment or townhouse, can you be denied?
Yes and it also depends on your credit score. The best thing to do is be upfront with the management companies. You might have to write a letter explaining your situation on the forec ... more
0 votes Share Flag Fri Jun 8, 2012 Foreclosure in 08625
Pacita Dimac…, Real Estate Pro in Oakland, CA
Pacita Dimacali answered:
If i find out the apartment is in forclosure should i stop paying rent to my landlord and start saving for a new apartment.
Why not just move out, or do you expect to stay in the apartment rent-free?

If you have a lease, you are obliged to satisfy the conditions of that lease, which should include paying ... more
0 votes Share Flag Thu Oct 29, 2009 Foreclosure in Trenton
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
What are the best sources out there to gather information on investment properties?
SIMPLE: Contact a realtor who can review your short / long term business plan, and lender specifications, you need resource materials work from most accurate is from MLS.

National ... more
0 votes Share Flag Thu Apr 15, 2010 Foreclosure in Hamilton
Deborah Madey, Real Estate Pro in Brick, NJ
Deborah Madey answered:
Which source of forelcosures is trustworthy? Is it public information?
Not just giving you a line.......In order to really decipher this segment of the market, you need a RE Pro who works specializes here.

No published data source comprehensively compil ... more
0 votes Share Flag Mon Jan 7, 2008 Foreclosure in 08550
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