Foreclosure in Clackamas County : Questions & Answers

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kthamblin, Home Buyer in Portland, OR
kthamblin answered:
We just put an offer in on a short sale home. The price is 349k with a 3% closing credit. Our realtor said we also needed to pay $4000
I completely understand the money doesn't go to either of the only beef is that this other realtor is requesting the negotiator and then making us pay for it.
I had rea ... more
0 votes Share Flag Sun Sep 23, 2012 Foreclosure in Sandy
Craig Loughr…, Real Estate Pro in Oregon
Craig Loughridge answered:
I am facing a foreclosure on my condo, I am current on my HOA. Am I still responsible for the HOA fees AFTER the foreclosure?
HOAs have a number of options to recover past due HOA fees, though it may be hard for them to recover the fees from an absentee owner. Eventually, if not paid, the HOA could place a li ... more
0 votes Share Flag Mon Jun 18, 2012 Foreclosure in Milwaukie
David Smid, Real Estate Pro in Eugene, OR
David Smid answered:
We have 2 homes, one we live in and own the other is a rental. We owe about what we can sell it for. Should we foreclose?
Michael provides some good information in his post.

I wanted to make sure we are all clear that the way lenders/banks/credit reporting agencies change their requirements and guidline ... more
0 votes Share Flag Sat Jul 2, 2011 Foreclosure in West Linn
Caroline Choi, Real Estate Pro in 90017
Caroline Choi answered:
Should we bid higher or lower than our original bid after the winning buyer's deal fell through?
With so many factors involved, it's really hard to say. I always tell my buyers to write as high as they can stomach if they really want the house. Also, are you utilizing financ ... more
1 vote Share Flag Mon Nov 29, 2010 Foreclosure in 97015
Monamarie Mc…, Real Estate Pro in 97222
Monamarie McCreary answered:
I am going through a divorce and am unable to get my ex to sign papers on the affordable home program with Bank of America. After trying to work with
Hi Tamara,
I hope things are going better for you now than they were in December. I just saw your question and wondered if you discussed this with your divorce attorney and if they we ... more
0 votes Share Flag Wed Dec 23, 2009 Foreclosure in Clackamas
Valerie Dero…, Real Estate Pro in Tulare County, CA
Valerie Derouin answered:
We have discovered our recently rented home is in foreclosure and is to be auctioned today!! We will have a
I am sorry to hear of your situation but remember by law the bank who now owns the property has to give you 90 days to find a new home - so you have a little time.
1 vote Share Flag Wed Jul 1, 2009 Foreclosure in 97038
Bob McClure-…, Real Estate Pro in Walled Lake, MI
Bob McClure- Real Estate Investing answered:
I refi'd my home in 2006. I defaulted on the loan. I am headed for foreclosure. I have discovered that the
hi....if your home sits on the acreage described in the legal is included....if your home sits on another parecl than that described in the legal diescription, it wou ... more
0 votes Share Flag Tue Jun 9, 2009 Foreclosure in Clackamas
Karen, Home Seller in Naples, FL
Karen answered:
my husband and I have been seperated for a year and a half. while we were married we bought a mobile home on
Jeni, if you were a signer on the loan to finance the mobile home, you can be held responsible for the payments and the deficiency balance. If you were not a borrower, it is very unlik ... more
0 votes Share Flag Wed Aug 13, 2008 Foreclosure in 97070
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