Foreclosure in Lawrenceville : Questions & Answers

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Bevbunninglis, Home Buyer in Boise, ID
Bevbunninglis answered:
Is it standard practice for Fannie Mae to ask 10% earnest money?
I am in the same situation. They have 14,000 earnest money from me and now are trying to penalize me each day I don't close even though the close date (set by FM) is not for two weeks ... more
0 votes Share Flag Thu Jun 5, 2014 Foreclosure in Lawrenceville
Kirsten Well…, Real Estate Pro in Alpharetta, GA
Kirsten Wellborn answered:
whether you can buy this house
Hi Dilshod_nahm,

Please provide which house you are asking about, and I would be happy to answer.

Kirsten Wellborn
Garrett Realty
0 votes Share Flag Fri Mar 14, 2014 Foreclosure in Lawrenceville
Jmayfield, Home Buyer in Gainesville, FL
Jmayfield answered:
Title is not clear... How long does it take to clear?
I put in a contract on a forecloser at the start of the year. Now September is almost over and I haven't heard anything from the bank or their realitor in about 8 months. I can't get an ... more
0 votes Share Flag Wed Sep 25, 2013 Foreclosure in 30043
Mayra Muret, Real Estate Pro in Alpharetta, GA
Mayra Muret answered:
how do i track a cpoy of elevation certificates in lawrenceville ga?
Hello Veronica,
If you need your elevation certificate for flood insurance. I know a great agent that can help you review your certicate and help you same money in your policy. I have ... more
0 votes Share Flag Sun Apr 28, 2013 Foreclosure in 30045
Jamie Parker, Real Estate Pro in Snellville, GA
Jamie Parker answered:
I can help you possibly avoid the foreclosure. Call me at 404-483-7816 and I will see what I can do for you. I am a Certified Distressed Property Expert.
0 votes Share Flag Tue Sep 18, 2012 Foreclosure in 30043
Bob Modesitt, Home Seller in Lawrenceville, GA
Bob Modesitt answered:
There are lots of foreclosures in my area for 50k or less. My credit score 580. Help please.
Call me. There may be something you can fit in, but here I cannot be 100% sure this is a fit. This is not based on a credit score, but trends in how you have paid. There are many thi ... more
0 votes Share Flag Sat Jul 7, 2012 Foreclosure in Lawrenceville
Robert A Whi…, Real Estate Pro in Roswell, GA
Robert A Whitfield Broker answered:
REO addendum question.

You are 100% correct - you should interview your agent before you hire them - no matter what type of property you seek - it just makes it more critical when Banks are invl ... more
0 votes Share Flag Sat Sep 10, 2011 Foreclosure in Lawrenceville
Desari Jabbar, Real Estate Pro in Stone Mountain, GA
Desari Jabbar answered:
after the house is foreclosed on and an inspector comes out, what is the next step? Will they come sit you out the house?
If the foreclosure sale has already taken place, you will be contacted and receive a letter shortly outlining your options. If you have a lease, the bank has to honor your lease. If y ... more
0 votes Share Flag Thu Oct 28, 2010 Foreclosure in Lawrenceville
Robin Lanese, Real Estate Pro in 30092
Robin Lanese answered:
Where can i find a list of foreclosures?

Hank has provided some of the best advice. Keep your expectations reasonable and secure a Realtor to do the work and supply you with listings. There are several sources avail ... more
0 votes Share Flag Thu Aug 26, 2010 Foreclosure in Lawrenceville
Alina Arguel…, Real Estate Pro in Atlanta, GA
Alina Arguello Jenkins answered:
Does anyone know how I would find out how much money a foreclosed property sold for on the courthouse steps and who bought it?
That is public information and you can find it by visiting the court house and look in the index room. However, you may need to wait some time before it gets filed in the county records ... more
0 votes Share Flag Thu Jul 29, 2010 Foreclosure in Lawrenceville
Emelia Sanch…,  in Ontario, CA
Emelia Sanchez answered:
Trying to avoid foreclosure
They can not buy it as a short sale for the 70K because it needs to be arms length transaction. They can help pay off the whole mortgage amount with no problems but this would just be g ... more
0 votes Share Flag Wed Jun 2, 2010 Foreclosure in 30044
Hank Miller…, Real Estate Pro in Alpharetta, GA
Hank Miller Broker Appraiser answered:
can I make multiple offers without putting up earnest money?
You can write stipulations into the contract defining how/when/if earnest money must be deposited. There are ways to avoid having checks floating all over but you need a good agent that ... more
0 votes Share Flag Tue Jun 16, 2009 Foreclosure in Lawrenceville
Mark Laycock,  in Alpharetta, GA
Mark Laycock answered:
Is it wise to continue looking after you have placed a bid on a short sale/ how many bids can you make?
As we all are learning, a short sale does not mean a short amount of time. Six months is out of line today because most banks are starting to streamline the process. You should expect ... more
1 vote Share Flag Wed Jun 10, 2009 Foreclosure in Lawrenceville
Lorie Gould, Real Estate Pro in Duluth, GA
Lorie Gould answered:
I have a 1st Mortgage for 77% of bal., and a 2nd for 23%, who owns house at forclosure?Can I walk from both?
I do not blame you for being overwhelmed. It is very unfortunate that you have been laid off. I am sorry for your circumstances. Know that you are not alone in your situation. There ... more
0 votes Share Flag Tue Mar 17, 2009 Foreclosure in Lawrenceville
Frances Flynn…,  in State College, PA
Frances Flynn Thorsen answered:
are there any progams that will help out families affected by forclosure to move like cash for keys?
Cash for keys describes an agreement between the lender and the homeowner where the lenders offers a lump sum for timely vacancy in an orderly fashion. The amount of cash is negotiable ... more
1 vote Share Flag Mon Nov 24, 2008 Foreclosure in 30045
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
what are my options if the home i'm renting is foreclosed on?

Continue to homor your lease agreement but you should also be looking for other rental options. We don't recommend waiting until you are evicted to begin looking.
0 votes Share Flag Tue Sep 2, 2008 Foreclosure in Lawrenceville
Lorie Gould, Real Estate Pro in Duluth, GA
Lorie Gould answered:
my house is about to foreclosed on in 2 months, I can't afford to live here, what can I do.. It's on the
Joshua provided you with a fabulous and complete answer.

Homes are still selling when properly priced. If you have only owned your home for 1 year and your home is priced the same or ... more
1 vote Share Flag Thu Feb 28, 2008 Foreclosure in 30044
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
I found a home in Lawrenceville that i like but the asking price is 20,000 more than i wanted to spend. The
Joshua's absolutely right.

Look, Derick: You say the price is $20,000 more than you wanted to spend. OK, it's fine to reevaluate what you wanted to spend. But if it's dictated by the ... more
2 votes Share Flag Mon Jan 21, 2008 Foreclosure in Lawrenceville
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