92324 : Questions & Answers

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Garrigus Real…, Real Estate Pro in Beaumont, CA
Garrigus Real Estate answered:
Scenario- We bid on a standard flipper house Monday, Nov.21. The next day, late afternoon, the seller counter bid on a much higher price. Continued-
Only a real estate attorney can advise on this situation and determine if something should be brought to action, but I will say that this can happen. Yes, the sellers and their agent ha ... more
0 votes Share Flag Thu Jun 14, 2012 Home Buying in 92324
SacRElender -…, Real Estate Pro in Sacramento, CA
SacRElender - Bob Willett answered:
Came home to a posted letter stating that the house we are renting is going up for auction on 5/22/2012 What do we do from here?
There are a lot of questions that need to be answered to know what you need to do. Do you have a lease, or are you on a month-to-month? Who is the lender? Is there more than one lien ... more
0 votes Share Flag Mon Apr 23, 2012 Foreclosure in 92324
John DL Aren…, Real Estate Pro in Encinitas, CA
John DL Arendsen answered:
How do you speed up a short sale? I am already pre-qualified to the price the seller is asking. What is the average waiting period on a short sale?
Chito, I wish I had a dollar for every person I've answered this question for. You'e at the mercy of the lenders through and through period. They all go at their own pace and ... more
0 votes Share Flag Wed Oct 5, 2011 Home Buying in 92324
John DL Aren…, Real Estate Pro in Encinitas, CA
John DL Arendsen answered:
With Bannk of America it is possible to refincance a home to a lower interest rate when you owe 262K and the actual market is 135K?
I wouldn't hold your breath on that one. Folks are abandoning BofA in droves what with all the shanigans they've been pulling on their customers lately.
0 votes Share Flag Sun Oct 2, 2011 Financing in 92324
Tracey Martin, Real Estate Pro in Salinas, CA
Tracey Martin answered:
Is their legal actions a seller can take if they are not approved for a short sale and should qualify?
Unfortunately a short sale is not a right. It is up to the investor who owns your loan as to whether they will allow it. Some Investors just don't do short sales. Before you do any ... more
0 votes Share Flag Tue Aug 24, 2010 Home Selling in 92324
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