33603 : Questions & Answers

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Sue Archer R…, Real Estate Pro in Tampa, FL
Sue Archer Reynolds answered:
We are under short sale, not paying mortgage for 11 months. when our short sales converts in foreclosure, how much money they will give us to move?
As the others have mentioned, a short sale does not convert to a foreclosure. 'These are two separate solutions for a homeowner when they can no longer pay their mortgage as it appears ... more
0 votes Share Flag Fri Apr 17, 2015 Foreclosure in 33603
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
I am in a Chapter 13 Bankruptcy and am behind on my mortgage roughly 10 months. Does the bankruptcy protect foreclosure?
Your bankruptcy attorney should be able to answer this for you. In Florida our foreclosure process may be different than in Virginia but your attorney should be able to answer your que ... more
0 votes Share Flag Fri Apr 3, 2015 Foreclosure in 33603
Dena Karlin, Real Estate Pro in 33441
Dena Karlin answered:
Has anyone heard of an 'Acquisition Fee' in real estate?
Hello Shomari,

An "Acquisition Fee" is an amount charged to compensate for expenses incurred in arranging a lease. These types of fees typically include charges and commissions paid ... more
0 votes Share Flag Tue Nov 18, 2014 Investment Properties in 33603
Margaret Has…, Real Estate Pro in 33618
Margaret Hassani answered:
If a property has very high taxes but the property is in serious disrepair, can an inspection help lower the taxes on the property?
I would suggest calling the Property Appraiser's office at (813) 272-6100 if the property is in Hillsborough County. They can explain to you over the phone how the value is determi ... more
2 votes Share Flag Mon Jul 25, 2011 Home Buying in 33603
Joe Chang, Real Estate Pro in Paterson, NJ
Joe Chang answered:
what means when my lawyer said the second mortgage is not a mortgage but a loan?
I would definitely have your attorney/lawyer explain this to you carefully. Open mortgages that are not paid off or cleared up at time of closing can really become a roadblock later wh ... more
0 votes Share Flag Wed May 27, 2009 Foreclosure in 33603
Derek Joyner, Real Estate Pro in Winston Salem, NC
Derek Joyner answered:
while in chapter 13 for 5 years
I would say dont take any real estate agents advise on this issue. Pick up the phone and call the attorney who helped you out when you were going thru the process. If any real estate ag ... more
1 vote Share Flag Mon Nov 17, 2008 Foreclosure in 33603
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