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Lollipop

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Lollipop's Questions (2)

Lollipop's Answers (2)

Is TEMPOFF a listing status only used in the DC metropolitan area, in the MRIS? Any searches I do for the?

Asked Sat Jul 19 2008, 19:13 by Lollipop - All locations - General Area - 3 answers
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I found an affordable short sale house and had my buyer agent contact the

Asked Thu Jul 17 2008, 19:12 by Lollipop - Vienna - Foreclosure - 9 answers
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Renter facing foreclosure >:-(

Asked Thu Jul 17 2008, 14:40 by Rachel - West Sacramento - Foreclosure - 3 answers

Lollipop answered:

My friend in NJ bought a house that was repossessed and had several tenants in it. The tenants stayed in the house and the rent started going into escrow every month until he bought it. Luckily it worked out that the tenants stayed and continued paying rent but to a new owner (him).
Maybe you could find out if the new owner is just investing, or is planning to live in the property. If just investing, you should see about working a new deal with the new owner - Wed Jul 23 2008, 21:39

I found an affordable short sale house and had my buyer agent contact the

Asked Thu Jul 17 2008, 19:12 by Lollipop - Vienna - Foreclosure - 9 answers

Lollipop answered:

I see what you mean, that's my biggest fear is the tenants or owner messing up the place just before leaving and messing up what would've been a normal place. I guess I just wait and see when someone contacts my agent. We both didn't know about the auction until I found the newspaper posting online.

Thanks for all the input on this! - Thu Jul 17 2008, 22:22

Thanks for the article link. In late June, after I finished getting approved and was ready, the seller agent said July 20th. My agent relayed that to me and explained that maybe that's when the tenant would be moving out and the house would be available for showing. I just find it weird that soon after, the notice went out in the paper about the trustee sale.
I'm a first timer here, and I have lots of questions.

On another note, a realtor friend advised me to call the bank directly, or ask my agent to call the bank and see if we can still make an offer before the auction. Is this crazy? - Thu Jul 17 2008, 20:45

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