Foreclosure in 94582 : Questions & Answers

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Minna Reid, Real Estate Pro in 06107
Minna Reid answered:
1.) How can WAMU charge off mortage that was included in bankrupcy? 2.) How do I get the tilte out of my name now that the bankrupcy is discharged?
WAMU is incorrectly reporting this as a charge off - it should have been included in the bk. You need to fight this with WAMU/the credit bureaus. It is actually illegal for them to repo ... more
1 vote Share Flag Tue Mar 23, 2010 Foreclosure in 94582
Pshively, Real Estate Pro in San Diego, CA
Pshively answered:
Tips on negotiating short sales with lenders
In my experience there are many ways to protect agents commissions on Short Sale transactions. One simple way to do this is to raise the net offer to cover the commissions if the bank i ... more
0 votes Share Flag Mon Dec 14, 2009 Foreclosure in 94582
John Juarez, Real Estate Pro in Fremont, CA
John Juarez answered:
I have a short sale listing with Bank of America it is currently in phase 3 negotiations, the offer I submitted has been accepted. Now the bank told
I agree with the suggestion to get your broker involved. If your problem is due to pure innocent ignorance on your part, your broker can make the case to the lender that a broker cannot ... more
0 votes Share Flag Tue Dec 8, 2009 Foreclosure in 94582
Home Owners…, Home Buyer in San Ramon, CA
Home Owners Alert answered:
Help with home values - which home should I buy?
Just be very careful when you buy a new home. Track the records and ask around what have happened in this area and this builder. Many homes have problems for a while, especially after ... more
0 votes Share Flag Thu Aug 13, 2009 Foreclosure in 94582
Lashea Evans, Real Estate Pro in Phoenix, AZ
Lashea Evans answered:
Any tips on working with loss mitigation departments?
I have been a Loss Mitigator for 10 years and we work off of a Bonus system for every home saved. If someone is delaying an offer by 75 days maybe they are not paid a bonus? I would sug ... more
0 votes Share Flag Thu Jun 19, 2008 Foreclosure in 94582
Ben Mills, Real Estate Pro in Virginia Beach, VA
Ben Mills answered:
Who do I contact to buy a bank owned, or Pre-Forclosure home?
Hi Flo,

I am a Virginia Beach agent so just keep that in mind but I would like to tell you what I might do if you walked into my office out of the blue and asked me this question. It ... more
0 votes Share Flag Thu Jun 12, 2008 Foreclosure in 94582
Terry Osburn, Real Estate Pro in 94523
Terry Osburn answered:
I was thinking of buying my family residence from one of the bank owned properties.
First of all you need to be pre approved and ready to purchase or the banks will not take your seriously. Many of the banks will still require you be qualified by them still leaving you ... more
0 votes Share Flag Sat Jan 12, 2008 Foreclosure in 94582
Paul Slaybau…, Real Estate Pro in Scottsdale, AZ
Paul Slaybaugh answered:
House Flipping?
For an industry insider, a good contractor should always be available. I don't know too many successful agents who don't have a rolodex (how prehistoric is that term?) of go-to contrac ... more
0 votes Share Flag Sun Sep 2, 2007 Foreclosure in 94582
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