Violette Beshay

I'm a:	Real Estate Professional
Company:	RE/MAX PV & Execs
Phone:	(310)283-6861

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Violette Bes…'s Answers (5)

I am living in a rented condo which is in ownership limbo due to a foreclosure the HOA has just asked me to

Asked Tue Jul 1 2008, 10:00 by Jim - 90403 - Foreclosure - 6 answers

Violette Beshay answered:

Jim,

The delinquinte HOA is grounds for the HOA foreclosing on the condo. You the tenant have rights. They must go through the full eviction process where if they want you out they will offer you money/cash to help you move. Tenants can stay without paying rent until the eviction process is complete. They cannot expect you to pay HOA fees on behalf of the owner and they certainly cannot put a lien on your property if you do not pay.

Violette Beshay - Tue Jul 8 2008, 21:51

how to offer on a reo home, but its not listed yet?

Asked Thu Jul 3 2008, 18:49 by Michael Cheng - Los Angeles - Home Buying - 12 answers

Violette Beshay answered:

Hi Michael,

A property that is bank owned may not be listed yet because it is going through eviction which is a process that can take up to six months to get the tenants ( Mortgagors-the bank foreclosed on) out. Get yourself a Realtor as they are better equipped to contact the bank or asset management company handling the property you're interested in buying. You might be the first offer they look at.

For any other questions you might have, please call or e-mail me.

Violette Beshay
RE/MAX Execs
(310)283-6861
VBeshay@remax-execs.com - Tue Jul 8 2008, 21:45

REO Sale

Asked Thu Jun 19 2008, 20:13 by Mike Brown - San Ramon - Home Buying - 11 answers

Violette Beshay answered:

Hi Donald,

You should always work with a Realtor. The bank does. The bank pays a Realtor who specializes in the area the home is listed for a BPO- a broker Price opinion. The Realtor goes out takes a look at recent sales in the neighborhood and present listings and based upon competitives listings combined with competitive sales, goes back to the bank with how much the home is worth. The bank then sends out an appraiser for a second opinion and the home is listed at the price determined by the Realtor and appraiser. The bank, a finacial instituion has every faith in a Realtor to protect its invetors, shouldn't you do the same for yourself.

Violette Beshay
VBeshay@remax-execs.com - Wed Jun 25 2008, 00:00

Should I list my Garden Grove 92840 average home for sale now or wait it out. I could hold out 1 more year.

Asked Fri Sep 7 2007, 20:59 by Cindy - 92840 - Foreclosure - 9 answers

Violette Beshay answered:

Hi Cindy,
Since you've already determined you'll be moving upstate and have identified the home you will be moving to,it is best to sell. The market is likely to continue declining for the next couple of years which is as long as it will take us to clean up the mess of "creative financing." If you don't sell it in the hope that the market will go up in the next 24 or even 48 months, you'll be disapointed.You can get more for your home now than you will if you hold on to it for less than 5 to 7 years. If you don't sell your home now will you consider leasing it? THis is a good way to go if you find good long term tenats, but micromanaging your rental from out of state is difficult.

It looks like the one more year is almost up. I'm wondering if you sold or if you're still holding on to your home?

Best,

Violette Beshay - Tue Jun 24 2008, 23:49

I need to find out where (other than the courthouse )you can find the property owners name

Asked Thu May 22 2008, 21:45 by Wanda Wilkin… - All locations - Quality of Life - 2 answers

Violette Beshay answered:

Yo can find out the owners name by calling the City the home is located in and ask if they can help you locate the owner as you have interest in purcchasing the property. If in fact that is an interest you have.
Violette Beshay
(310)283-6861 - Thu May 22 2008, 22:23

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