Foreclosure in San Mateo County : Advice

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David 'TAP'…, Real Estate Pro in Burlingame, CA
David 'TAP' Tapper answered:
I have a buyer with excellent credit pre-approved foran FHA 5% down and it seems that realtors are taking only 20% or cash, what's the deal?
Hi Pichie, while this is very frustrating, it's also very common. The market is very hot with multiple offers so agents and their sellers are opting to go with 20-50% down or all cash b ... more
0 votes Share Flag Wed Mar 27, 2013 Foreclosure in Pacifica
Karin Cunnin…, Real Estate Pro in San Bruno, CA
Karin Cunningham answered:
My single adult daughter wants to locate in San Bruno in a safe fairly new one bedroom condo that accepts pets.
Well the Picadilly condo is not so new, built in the 70's. Same with Shelter Creek. Some ver cool modern condos in South City and Daly City, though! Great prices and some have awes ... more
0 votes Share Flag Mon May 19, 2014 Foreclosure in San Bruno
Karin Cunnin…, Real Estate Pro in San Bruno, CA
Karin Cunningham answered:
What are our rights as tenants, should the house we live in be under foreclosure?
This is always an unfortunate situation for everyone. You have a contract with the owners because they are still owners. Looks like the house will be sold in the months to come so I wou ... more
0 votes Share Flag Tue Nov 20, 2012 Foreclosure in 94066
John Juarez, Real Estate Pro in Newark, CA
John Juarez answered:
I am thinking about bidding on foreclosures in San Mateo County. If I win the auction, how do I pay for the foreclosure? And how soon?
If you don’t know the answer to that question then I think you are a long way from being ready to bid at an auction. You pay in cashier’s checks and immediately.

There ... more
0 votes Share Flag Mon Nov 5, 2012 Foreclosure in San Mateo
Elena Talis, Real Estate Pro in Palo Alto, CA
Elena Talis answered:
Are bank owned properties occupied by former owners or tennants?
Can be either. It even can be vacant.
0 votes Share Flag Mon Nov 5, 2012 Foreclosure in Half Moon Bay
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
how do i bid or request more info on this home?
Lacoconut,
Homes advertised by RealtyTrac are generally not on the market. They are typically either scheduled for foreclosure or have been foreclosed but on, but not yet on the mark ... more
0 votes Share Flag Wed Oct 31, 2012 Foreclosure in Half Moon Bay
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
In these foreclosure auctions in San Mateo County, can the potential buyer see the inside of these foreclosed properties?
For any foreclosure auction, you're allowed to see as much of the inside as you can from the windows. If you're looking to invest in those units, it's best to work with an experienced ... more
0 votes Share Flag Wed Oct 3, 2012 Foreclosure in San Mateo
Pet Planet R…, Real Estate Pro in Calabasas, CA
Pet Planet Realty answered:
what did 144 lorry lane pacifica, ca 94044 sale for on June 26, 2012? what was the market rate? the value of the loan owed? thank you violet
I am not sure about the loan owed, but I can tell you the last sale was December 26 2012 $505,000. The sale before that was June 11 2011 for $380,000. I don't see any record of a June ... more
0 votes Share Flag Mon Mar 25, 2013 Foreclosure in Pacifica
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
The foreclosures on Claridge Dr. are priced higher than the same houses in the area.Dose that have to do with location
LISTING PRICE
Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guidelin ... more
0 votes Share Flag Thu Dec 11, 2014 Foreclosure in 94044
David 'TAP'…, Real Estate Pro in Burlingame, CA
David 'TAP' Tapper answered:
Hi! Need a real estate agent with expert experience in foreclosures ASAP. Found a property in Daly City, CA that I'm interested in. Please help.
Hi Michele,

Every agent is going to throw their hat in the ring and tell you how great they are. Try getting a referral and if you can. If you can't here is a link from past clients ... more
0 votes Share Flag Mon Jun 4, 2012 Foreclosure in Daly City
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
What is the best way to figure out how to buy a house that is in foreclosure and will be sold at Trustee Sale?
You will be competing with the bank that has the loan on it. The bank often places a bid with the trustee that will be the opening bid. They don't work like Storage Wars on TV where the ... more
0 votes Share Flag Tue May 22, 2012 Foreclosure in 94070
TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
I bid on a HUD home.
Unfortunately you most likely don't stand a chance of getting reimbused for the appraisal expense.
0 votes Share Flag Mon Apr 2, 2012 Foreclosure in 94404
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Has anyone had any success with HARP (yet)?
Loan Modification
Here is some information that might start you on your way to understanding what’s going on with Refinancing, Loan Modifications and in particular, Obama†... more
0 votes Share Flag Fri Mar 2, 2012 Foreclosure in 94014
Walter 'Skip'…, Real Estate Pro in 92870
Walter 'Skip' Kersten answered:
REO deal isn't closing per seller's hold, we're racking up loan extension fees. Can REO pay?
Hi Manda,
Please review the bank addendum you signed when your offer was accepted. It will lay out what the bank is liable for if they cannot deliver title.
Good luck,
0 votes Share Flag Tue Feb 7, 2012 Foreclosure in Daly City
Ann Ryan, Real Estate Pro in 33178
Ann Ryan answered:
Landlord lost ownership of apartment to bank, Now getting evicted. HELP
Even if $2000 is not enough, it may be better than nothing. See the link below for more information, or consult a lawyer.
0 votes Share Flag Sun Jan 1, 2012 Foreclosure in Daly City
Phyllis Mcar…, Real Estate Pro in San Mateo, CA
Phyllis Mcarthur answered:
How can i find out if the house i pay rent in is forclosed?
Wow, I can't believe no one has answered, if you need to know what the status of the home is, it is public record, you can go to redwood city and find out whether the home is in pr ... more
0 votes Share Flag Sat Oct 1, 2011 Foreclosure in San Bruno
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Hi! I need help in getting info on my the house i'm living in now, after my mom's death I don't know what happened or under whose name
You really need to meet with an attorney, most do not charge for the first meeting so you can get some direction. You will need to a title search to look at the deed and check ownership ... more
0 votes Share Flag Thu Mar 1, 2012 Foreclosure in 94014
John E. Mill…, Real Estate Pro in North Miami, FL
John E. Miller answered:
anything down in Middleton Tract?
Locate a agent with listings for that area. You have many options of homes homes to look at, even if your a renter or buyer. If your buying try to see if you can get a foreclosure and c ... more
0 votes Share Flag Mon Aug 8, 2011 Foreclosure in Woodside
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
How do I find out more about a pre-foreclosure property in Half Moon Bay?
Work with a Realtor who can locate homes based on your particulars and lender specifications

Pre - foreclosures are also known as short sale these types of transactions have drama b ... more
0 votes Share Flag Mon Mar 7, 2011 Foreclosure in Half Moon Bay
Lisa Ladd, Real Estate Pro in Redwood City, CA
Lisa Ladd answered:
I inherited $200k. Looking for an investment. Ideally, a foreclosure property with multiple units. I have a great credit score. Loan is not an issue.
Hi,

I recommend Cynthia Continello with Villa Properties. She is a foreclosure specialist that works in our brokerage. You can learn more about her and contact her at www.reolady. ... more
0 votes Share Flag Fri Jan 7, 2011 Foreclosure in 94063
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