Foreclosure in North Carolina : Advice

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Tee Williams, Real Estate Pro in Chesapeake, VA
Tee Williams answered:
I have a list of forcloseures, and the MLS # but when I go to realtor.com and enter those numbers, it keeps saying no property was located.
They may be sold or under contract. Send me one of the addr and I will look in the MLS to see what the status is. Msrealtee@gmail.com
0 votes Share Flag Sat Jan 22, 2011 Foreclosure in Franklin
Drew Ludlow, Real Estate Pro in Apex, NC
Drew Ludlow answered:
i thought i had a fha loan in 2007 but i found out in 2008 when countrywide loans where transferred to bach that i had a conv. i do not have the note.
Seeknchange,

What is your question?

Regarding short sales, the process for an FHA short sale is very different than that of a conventional. FHA short sales may be 'pre-app ... more
0 votes Share Flag Thu Jan 20, 2011 Foreclosure in Raleigh
Eli Givoni-S…, Real Estate Pro in Boca Raton, FL
Eli Givoni-Short Sale Dept LLC answered:
i am considering letting 5 investment properties go back to bank. all are interest only loans. all are underwater. My cash flow is ok but cant afford
Hi Jim,

There is absolutely no reason why you should ruin your credit. We can help you short sale all of these properties. Please call us directly to discuss your specific situatio ... more
0 votes Share Flag Fri Jan 14, 2011 Foreclosure in North Carolina
Tracy Daughe…, Real Estate Pro in Fayetteville, NC
Tracy Daugherty answered:
Boa says our loan which is a VA Vendee loan has gone to underwriting and it will be in underwriting 7-10 days,Is this so with BOA?
I'm sorry, but I don't have this information. This is not a BOA foreclosure and I'm not sure how their process works. Sorry, wish I could have been more helpful.
0 votes Share Flag Thu Jan 13, 2011 Foreclosure in Fayetteville
Sally Grenier, Real Estate Pro in Erie, CO
Sally Grenier answered:
i WANT TO BUY A NEW HOUSE. I HAVE ONE BIG PROBLEM. I NEED TO SELL MY HOUSE. AND ALSO IF I SELL MY HOUSE I WILL NOT GET THE MARKET VALUE OF MY HOUSE.
First things first, find a REALTOR to determine what you can get for your house and what the market is like in your area. Don't confuse "Market Value" with what you' ... more
0 votes Share Flag Sat Jan 22, 2011 Foreclosure in Greensboro
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Foreclosure/Auction Specialists
Agents work on commission and a foreclosure auction on the courthouse steps pays no commissions so agents don't get involved. Unless you want to hire an agent and pay them yourself ... more
0 votes Share Flag Mon Feb 14, 2011 Foreclosure in 28277
Linda Cromar…, Real Estate Pro in Chapel Hill, NC
Linda Cromartie answered:
Foreclosed Property in Raleigh MLS 1749291
It is a foreclosed property which has been on the market for a little over 90 days. The only true way to know what it would sell for is to make an offer. Its l;ast recorded value was ... more
0 votes Share Flag Tue Dec 28, 2010 Foreclosure in Raleigh
Erin Burns, Real Estate Pro in Charlotte, NC
Erin Burns answered:
Home for Auction
Often times the home is still listed in MLS. What is the address of the property?
0 votes Share Flag Mon Dec 20, 2010 Foreclosure in 28277
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
my condo is in foreclosure can u sell it?
How far into the foreclosure process are you, and is a short sale an option at this time....in order to best protect yourself and any other assets you may have, consider consulting with ... more
0 votes Share Flag Tue Dec 14, 2010 Foreclosure in Charlotte
Katrina Rock…, Real Estate Pro in Fayetteville, NC
Katrina Rockel answered:
how long does it normally take to close on a VA foreclosure using a vendee loan?
Hello Kary,
Great question and thanks for asking it. In the Fayetteville area it could take as little at 3 weeks to 45 days to close. It can depends on the bank and if any other issues ... more
0 votes Share Flag Tue Dec 14, 2010 Foreclosure in Fayetteville
Bob Robbins, Real Estate Pro in North Carolina
Bob Robbins answered:
Made an offer on a foreclosed home that needs some work. Fannie Mae asked if it is our "Best and Final Offer", but gave no counter offer.
If there is not another offer in on the house then I think this should be your final offer. If you're workiing with a R/E Broker he/she should be able to ask and find out. If the ... more
0 votes Share Flag Mon Aug 22, 2011 Foreclosure in Cornelius
Joshua Miller, Real Estate Pro in Greensboro, NC
Joshua Miller answered:
I AM LOOKING FOR A THREE BEDROOM GARAGE TOWNHOME NEW CONSTRUCTION THAT HAS EEN FORECLOSED ON PLEASE HELP JOYLOVE62@HOTMAIL.COM
Hi Joy,

I have a few you will love!

Feel free to call me. :)

Joshua Miller
RE/MAX of Greensboro
Multi-Million Dollar Producer
336.215.8019
JoshuaMillerRealty@yahoo.com
0 votes Share Flag Sat Nov 27, 2010 Foreclosure in Greensboro
Mybabies7, Renter in Charlotte, NC
Mybabies7 asked:
0 votes Share Flag Tue Nov 16, 2010 Foreclosure in 28315
Ethan Kramer, Real Estate Pro in Northampton, MA
Ethan Kramer answered:
I am interested in a foreclosure property that the bank had four offers on before the bank freeze. How & why would it become active again?
It will become active again once the bank allows it to be unfrozen. Many of these properties are under internal review because the foreclosure process is so complicated and involves so ... more
0 votes Share Flag Wed Nov 17, 2010 Foreclosure in Charlotte
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
does the bank ever lower their minimum? Would the banks not sell for 38000 less rather than go into foreclosure?
Are you talking about a short sale? Each bank is different. They have their numbers which work for them. If there is a second and the other cost involved, sometimes they believe it i ... more
0 votes Share Flag Thu Nov 11, 2010 Foreclosure in 27455
Ronnie Baker, Real Estate Pro in Rocky Mount, NC
Ronnie Baker asked:
0 votes Share Flag Thu Nov 11, 2010 Foreclosure in 27856
Jane Dodd, Real Estate Pro in Wilmington, NC
Jane Dodd answered:
what's the equation for making an offer on a foreclosed property?
There is no set "equation" for offering on foreclosed properties. I advise having your buyer's agent Realtor to pull comparable sales to compare value based upon its cu ... more
0 votes Share Flag Tue Nov 9, 2010 Foreclosure in Wilmington
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
I put an offer in on a HUD foreclosure as my primary residence. My realtor says I am the only offer. It's been a week. How long does it take?
In some cases it does take about 5-7 business days for an answer. Call your Realtor tomorrow....good news is on it's way!
0 votes Share Flag Wed Nov 17, 2010 Foreclosure in Charlotte
Jeff Monfils, Real Estate Pro in Mount Holly, NC
Jeff Monfils answered:
I just bought an foreclosure home and it has an inground swimming pool, I need an inspector to advise me of the pool.
Inspector Paul is the only home inspector in Charlotte to win the Angie's List Super Service Award in 2009, 2008, 2007, 2006. Website below...

Kindest Regards,

Jeff Monfils ... more
0 votes Share Flag Sun Nov 7, 2010 Foreclosure in 28269
Jeff Monfils, Real Estate Pro in Mount Holly, NC
Jeff Monfils answered:
I need a inground pool inspector in charlotte, nc
Inspector Paul is the only home inspector in Charlotte to win the Angie's List Super Service Award in 2009, 2008, 2007, 2006. Website below...

Kindest Regards,

Jeff Monfils
... more
0 votes Share Flag Sun Nov 7, 2010 Foreclosure in 28269
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