Indymac Foreclosure Process All Locations : Nationwide Real Estate Advice

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Denise, Home Buyer in California
Denise asked:
REO specialist vs Regular RE agent What's the difference between an REO specialist and a regular Real estate agent? Does this make a difference when trying to purchase a bank owned/REO or short sale home?
0 votes Share Flag Wed Jun 10, 2015 Home Buying in California
Or30313, Home Buyer in Plantation, FL
Or30313 asked:
Should we put an offer on a second home while waiting to hear back from a lender on a short sale? How should the offer contract be written? About 70 days ago, we put an offer on a short sale. The seller quickly accepte ... lender (Indymac/One West in the servicer and Fannie Mae is the investor) other than that they requested a ...
0 votes Share Flag Fri Feb 21, 2014 Home Buying in 33067
Angela, Home Owner in Sacramento, CA
Angela asked:
how does someone get out of an upside down loan with indymac one west bank? I am on a negative am loan with indymac one west bank. I have tryed to get it modified but indymac keeps tel ...
0 votes Share Flag Tue Nov 5, 2013 How To... in Sacramento
Raygun, Other/Just Looking in Hollywood, Los Angeles...
Raygun asked:
Can a principle reduction only be accomplished by an attorney?? A friend of mine was called by a law office here in Los Angeles recently offering loan modifcation services. What did NOT sound right was that she was told that the only way to get a pr...
0 votes Share Flag Tue Feb 12, 2013 Foreclosure in 90036
Lbarill hurst, Renter in California
Lbarill hurst asked:
lf a home forecloses with a 2nd lien of 330k from original seller, can 2nd garnish my wages Home is in Simi Valley CA. 1st lien holder is Indymac, 2nd is previous homeowner. l make over 100k ann ...
0 votes Share Flag Thu Nov 8, 2012 Foreclosure in Simi Valley
Cosi, Home Seller in Miami, FL
Cosi asked:
I'm looking for an experienced agent to help me out for a short sale on my apartment in zip code 33179 Need some legal adice if the lender can go after your other asssets after the short sale or forcloser?
0 votes Share Flag Wed Jun 27, 2012 Home Selling in 33179
Terra Bruns, Real Estate Pro in Santa Clarita, CA
Terra Bruns asked:
Indymac loan modification procedure--anyone??
0 votes Share Flag Wed Jun 13, 2012 Foreclosure in Oceanside
Amh, Home Buyer in Laguna Niguel, CA
Amh asked:
Do Buyers have any recourse in a short sale when bank forecloses? My Wife and I have been the primary accepted offer on a short sale for four months. We have received approval from the bank (servicer) and were waiting for approval from the investor. O...
0 votes Share Flag Fri Mar 30, 2012 Home Buying in Laguna Niguel
Fred Macias, Real Estate Pro in Huntington Beach, CA
Fred Macias asked:
I have a 'bank assisted short sale' with One West Bank. OWB wants a deed in lieu if it sells too low. What should my seller do? The value is lower than the banks bottom line stipulated in the agreement. They ... they have a foreclosure on their record, it will be that much harder.What should we do? ...
0 votes Share Flag Mon Feb 27, 2012 Foreclosure in Huntington Beach
Ann, Home Buyer in Holly Springs, NC
Ann asked:
What happens when Indymac won't sign offer to purchase and addendum when closing is supposed to be tom ... We accepted a counter offer from Indymac for a foreclosed home; it's taken almost a month to even get ...
0 votes Share Flag Fri Dec 2, 2011 Foreclosure in Holly Springs
short sale g…,  in Phoenix, AZ
short sale guru asked:
How many of your short sales are closing? I'm curious to know from the Realtors out there how many of their short sales are closing? Who is trying to handle them and who outsources? Who accepts short sale listings, who's st...
0 votes Share Flag Tue Nov 22, 2011 Agent2Agent in Phoenix
Merry amir , Home Buyer in Santa Clarita, CA
Merry amir asked:
I received notice of default. What should I do now? I will appreciate your advice. I live in Valencia, California. I faced serious losses in my business and still struggling to keep it alive. Now I have a job and make less than half of the money I used to make. I mis...
0 votes Share Flag Mon Oct 31, 2011 Foreclosure in Valencia
Aj, Both Buyer and Seller in Central Business Dis...
Aj asked:
Why are banks still making loans of 45% to 50% of Gross income? What ever happened to the 28/36 debt to income ratio? Many first time buyers don't know the true cost of home ownership, especially if they have been renters all their life. There ar...
0 votes Share Flag Thu Aug 11, 2011 Financing in 08820
Home Seeker, Home Buyer in 90068
Home Seeker asked:
What is the benefit for buying a short sale from the buyer's stand point? It seems that short sales have a lot of benenfits for the seller but not so much the buyers. Short sales take months and the asking value is the market value so there is no bargain. S...
0 votes Share Flag Wed Feb 11, 2015 Home Buying in 90068
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