Is it listed as for sale? If not it just might be information on surrounding properties. Or it could be a preforeclosure not on the market; Or a foreclosure that is also not yet listed for sale.
Both Trulia and Zillow will show properties but not the address. If the property is "for sale" the address will be listed.... more
If the bank has not taken possession and the seller is cooperative and is qualified you can attempt to negotiate a shortsale. Or if you know the auction date you may be able to bid on the property at the courthouse auction which is very risky for a novice investor.Lastly if the property has already gone through the foreclosure and is an REO you will have a very difficult time reaching anyone who can make a decision on selling it. Most of the time there is a chain of events for the property to be brought to the market. Many of the banks shadow inventory is being sold in bulk to corporate investor so it may never hit the open market. Good luck.... more
There are no active foreclosures or pending foreclosures in san jose forest currently showing up in mls. There are however 11 homes for sale in that neighborhood currently. If you would like me to send you a list of those homes, simply contact me back or send me a text to 904-568-4820.
According to all the lenders I deal with, you have to wait three years after the foreclosure. That said, if there are circumstances, and a lender has time, you can work through to have it waived. Get in touch with your banker to see if they can help you.
Hope this was helpful.
Coldwell Banker Vanguard
It depends on the second loan. Many will have a Promissory note attached which means you could owe the money even after the foreclosure. To know for certain, review your documents and consider getting a legal opinion.... more
If you are the homeowner, you have the right to contact the mortgage company and request a payoff. If you are not the homeowner, your name is not on the Note or Mortgage, then the lien holder will not converse with you. You could check online at the clerks website and try to 'guesstimate' on how much is due.... more
Are you in a distressed situation and looking to sell your property, or are you looking to purchase a pre-foreclosure property?
Please feel free to reach out to me directly and I will be glad to assist with either.
If they have been foreclosed they are then owned by someone. You would need to contact that owner who bought it after the foreclosure auction, often it is the bank who had the loan that now owns it.... more
When the foreclosure law firm initiates the foreclosure case, they normally include several “fictional parties:, because they often don’t know if borrowers are married, or if there are tenants living in the property who they will evict at the end of the foreclosure case. So they include “unknown spouses” and “unknown tenants”. When the process servers make service, they ask the people they are serving for their names and who they are (are you the homeowner, are you a tenant, etc. ?). Then they attempt (not always correctly), to add up all the pieces to make sure that they have served everyone with an interest. If they conclude that there are no unknown spouses or unknown tenants, they are supposed to move to drop them. Normally that is what is going on, and it is not likely to have any substantive effect on named defendants.
If there is not yet a court order granting summary judgment, I would urge you to do something substantive, other than watching the docket for the auction date. Once summary judgment is granted and an auction date set, it is too late to defend. Contact an attorney for legal advice.... more
Lenders will require that any transaction be an "arms length" transaction. This means that business conducted relative to this transaction not involve the owner, their family menbers, friends or business associates.
As part of future transactions, a document stating that the transaction is indeed an arms length transaction is required to be sighed by the purchasing parties. This documentation would be used in any incidents of fraud as evidence.
Cash For Keys won't incur a 1099, It is not income. It is a fee that the bank pays to help you move. It is intended to offset your moving expenses You will not be taxed. It is unfortunate that this has occured.... more
I know the area well and would be glad to talk to you about listing your house. I am available Saturday. I have some availability on Wed and Thursday afternoon as well.
Feel free to call or email.
Vanguard GMAC Realty