Foreclosure in Omaha : Questions & Answers

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Doug & V…, Renter in Omaha, NE
Doug & Valerie Whitmore answered:
How did it get its name?
How did Omaha, get it's name? Named for the Omaha Native American tribe that resided here before Nebraska became a territory. The A&E program "Hell On Wheels" deals with this area and t ... more
0 votes Share Flag Mon Sep 2, 2013 Foreclosure in Social Settlement
Billie Atkin…, Real Estate Pro in Omaha, NE
Billie Atkinson answered:
Court hearing on foreclosed home
This question is best answered by a real estate attorney in your area.
0 votes Share Flag Fri Aug 9, 2013 Foreclosure in Omaha
Paul Cummings, Real Estate Pro in 68154
Paul Cummings answered:
Foreclosed house
It depends on how quickly the bank moves through the process. Most banks will have someone assigned to contact you in less than a week. Often in only a day or two. They have to evict ... more
0 votes Share Flag Fri Aug 9, 2013 Foreclosure in Omaha
Paul Steffes, Real Estate Pro in Omaha, NE
Paul Steffes answered:
The Bank "Walked Away" from the Foreclosure sale without notification. Should/Can I request Lien Release?
I personally watch the repo's as they go thru the auctions and go back to the lender. When the owners go thru bankruptcy, this most times delays the foreclosure process. And I have see ... more
0 votes Share Flag Sun Jun 9, 2013 Foreclosure in 68106
shallow.bear, Home Buyer in Omaha, NE
shallow.bear answered:
I was the owner of a property that was foreclosed on by Suntrust. I would like to buy it back. Who do I contact?
this is the shallow.bear that just asked about the forcloser on the house im in but it is in colorado
0 votes Share Flag Wed Jan 16, 2013 Foreclosure in Omaha
Dean Uhing, Real Estate Pro in 68133
Dean Uhing answered:
Can the bank force a tenant out on a foreclosed home before the 90 days?
The tenants would have to make the contact because it is their rights that are being foreclosed on.
Your rights of defense regarding that propert are now ended due to the foreclosure.
... more
0 votes Share Flag Mon Jun 6, 2011 Foreclosure in Omaha
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
This is more of a comment. I would like thank each and everyone who answered my questions. I am very grateful
Ms P,

It's always good to hear back from people that appreciate the efforts of trulia and the Pros that donate time and energy to help and support others.

Bill
0 votes Share Flag Sun Jun 5, 2011 Foreclosure in Omaha
Paul Cummings, Real Estate Pro in 68154
Paul Cummings answered:
How long will the foreclosure appear on my credit report? When could I apply for mortgage loan?
That will vary by lender and your other circumstances. The common knowledge that it will exist on your credit report for seven years and banks will consider you after 3 years. I have to ... more
0 votes Share Flag Sat Jun 4, 2011 Foreclosure in Omaha
Paul Cummings, Real Estate Pro in 68154
Paul Cummings answered:
Why would it be fraud to sell the foreclosed property back to the previous owner or even a relative of the owner? All money is the same.
The situation you describe is not the fraud we are referring to. An example of fraud would be the scenerio in which you quit making payments on your house in order to purposely force th ... more
0 votes Share Flag Sat Jun 4, 2011 Foreclosure in Omaha
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Where can I file a complaint against a mortgage company?
Sorry, but that happens all the time.

A witness means nothing. Do you have something in writing from the lender saying that a foreclosure would be delayed?

As a practical matter, ... more
0 votes Share Flag Sat Jun 4, 2011 Foreclosure in Omaha
Paul Cummings, Real Estate Pro in 68154
Paul Cummings answered:
If the bank does want to sell it to previous owner or anyone realted to them, would that be considered discrimination?
Many of the policies the banks have in place are to avoid fraud. This is another example of that.
0 votes Share Flag Sat Jun 4, 2011 Foreclosure in Omaha
Libby Headid, Real Estate Pro in Fremont, NE
Libby Headid answered:
I am a first time home buyer. I saw a house that I REALLY like and it was 30k below its assessed value. My agent just told me it went into foreclosure
The assessed value has nothing to do with the market value. Good Luck!
0 votes Share Flag Wed May 11, 2011 Foreclosure in Omaha
Brian Levitan, Real Estate Pro in Mundelein, IL
Brian Levitan answered:
what is the first thing that i have to do to be approved for purchasing a home? what do my credit score have to be.?
I am a licensed loan officer in Illinois. Toni is correct. 640 is the minimum middle credit score of 3 bureaus needed to qualify for most lenders. There are some that can do as low a ... more
0 votes Share Flag Thu May 5, 2011 Foreclosure in Omaha
Dan Cheuvront, Real Estate Pro in Omaha, NE
Dan Cheuvront answered:
can you tell me if you can give me some information on the property of 6338 33rd st 68111 i am interested in purchasing can someone help me?
Jeanette,
I also didn't see that home listed on the MLS
I am a foreclosure listing agent and have a ton of great deals on the market with numerous other properties getting ready ... more
0 votes Share Flag Sun Dec 5, 2010 Foreclosure in Omaha
Sam Provan, Real Estate Pro in Sun City Center, FL
Sam Provan answered:
Using assesors website to do my own comps.
Matt:

First -- why take your valuable time when you could easily call the Realtor that has the distressed property on the market? - they have the expertise, credentials and get paid ... more
0 votes Share Flag Thu Dec 2, 2010 Foreclosure in Omaha
Sam Provan, Real Estate Pro in Sun City Center, FL
Sam Provan answered:
I have couple of questions. First can we change realtor if we don't like. Point is that I have signed the paper with that agent for one home.
Hello,
First - Have you tried to talke with your realtor about the situation or their Broker -- perhaps the 3 of you can sit down and get a resolution -- if you don't feel comfort ... more
0 votes Share Flag Thu Dec 2, 2010 Foreclosure in Omaha
Tim Stephens, Real Estate Pro in Omaha, NE
Tim Stephens answered:
Hey Guys, I just signed up and I am looking for government tax foreclosuer homes and bank pre foreclosed
Hey Dave!

I would be happy to help you find homes of this type.

Let me know what your parameteres are and we can get together and talk.

Tim
402-321-3665
timstephens@kw.com
0 votes Share Flag Tue Jul 6, 2010 Foreclosure in Omaha
Dean Uhing, Real Estate Pro in 68133
Dean Uhing answered:
what can happen with my late property Taxes ?
Ken,
I checked on the property you are referring to. The notice indicated that the property is "subject to tax liens, bankruptcy, foreclosure and special handling". The notice also sai ... more
1 vote Share Flag Wed Feb 4, 2009 Foreclosure in 68117
Sean, Home Buyer in Ohio
Sean answered:
Does Nova Star list it's foreclosures with a local realtor or how do you find their REO list online?
I am in some ways trying to find the same answer to your question. I am waiting for a sheriff's sale that is in a few weeks and trying to do my home work prior to the sale. Novastar m ... more
0 votes Share Flag Wed Dec 12, 2007 Foreclosure in Omaha
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