Foreclosure in Raleigh : Questions & Answers

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Ernie Behrle, Real Estate Pro in Raleigh, NC
Ernie Behrle answered:
I live in the Raleigh area and I have recently tried to sell my townhouse "as is". We almost went to closing but deal fell through.
I have to assume you've already been taken care of but if not, please contact me. We have a specialist in our office!!
0 votes Share Flag Mon Nov 17, 2014 Foreclosure in 27610
GAumon, Home Buyer in Lexington, SC
GAumon answered:
How do you make an offer on a HUD owned home that is listed with a real estate agent? How long do they take to accept offer on HUD owned home?
I am viewing a HUD foreclosure tomorrow. I want to know if I can make a cash offer on the property to the realitor tomorrow? Gil
0 votes Share Flag Sun Mar 23, 2014 Foreclosure in Raleigh
Venita Peyton, Real Estate Pro in Raleigh, NC
Venita Peyton answered:
I own a residential cleaning company and would like to bid on cleaning services on foreclosed homes in the Raleigh area. How do I do it?
You and the competition will be asked, 1) Are you bonded; 2) Are you licensed? 3) Do you have references?
0 votes Share Flag Wed Mar 19, 2014 Foreclosure in Raleigh
Victory Prop…, Real Estate Pro in Raleigh, NC
Victory Property Management answered:
You would definitely have to consult a lawyer but in a lawsuit there must be damages, and I dont know that you would be able to prove that there were any damages since the sale did not ... more
0 votes Share Flag Tue Dec 17, 2013 Foreclosure in Raleigh
Wayne Collier, Real Estate Pro in Florida
Wayne Collier answered:
I have started a cleaning business cleaning foreclosures and i want to know is this a profitiable business.
Type your answer here...I do not know anyone who would clean a home for free. Most of the junk that's there is not worth anything. You may find some valuables sometimes.
You should sig ... more
0 votes Share Flag Tue Nov 13, 2012 Foreclosure in Raleigh
Venita Peyton, Real Estate Pro in Raleigh, NC
Venita Peyton answered:
Bank & HOA filed foreclosure proceedings in North Carolina
If you cannot afford an attorney to begin straightening out your problem, I recommend immediately talking with a HUD housing counselor. Keep calling until you find someone who can meet ... more
0 votes Share Flag Mon Sep 10, 2012 Foreclosure in Raleigh
Tim Burrell, Real Estate Pro in 27614
Tim Burrell answered:
How do I register for a free trial with RealtyTrac to access complete information for foreclosed properties?
Go to and look at the upper right corner. Click on Free Trial. However, you may not be happy with the results. Realty Trac is good in other parts of the United Stat ... more
0 votes Share Flag Wed May 16, 2012 Foreclosure in Raleigh
J, Real Estate Pro in Greensboro, NC
J answered:
I'm considering a foreclosed property in Johnston Co, NC. Taxes are steep, based on original value. Can I appeal taxes in due diligence period?
The owner can appeal the tax value. More than likely the county will refer to FMV in the area only. Foreclosure properties are special purchases notably below FMV in most cases. Be p ... more
0 votes Share Flag Wed Oct 12, 2011 Foreclosure in Raleigh
Nate Wolf, Real Estate Pro in Charlotte, NC
Nate Wolf answered:
My Hoa's attorney hasn't showed up 4 different times to the clerk of the court hearing to foreclose (for $68 in dues) owed a year ago.
You should sue them in small claims court. You can file a claim at the Clerk of Courts for $50, stating that they have erroneously credited your payment to their fees, and not toward th ... more
0 votes Share Flag Thu Jun 30, 2011 Foreclosure in Raleigh
Margaret Hor…, Real Estate Pro in Raleigh, NC
Margaret Horst Kathryn Krieger answered:
i thought i had a fha loan in 2007 but i found out in 2008 when countrywide loans where transferred to bach that i had a conv. i do not have the note.
Who sent you the letter saying that you can short sale your home? Mortgage lenders do not solicit short sales - they are losing money on a short sale and they don't want to do it. ... more
0 votes Share Flag Thu Jan 20, 2011 Foreclosure in Raleigh
Irina Bennett, Real Estate Pro in Raleigh, NC
Irina Bennett answered:
what is the best way to obtain money for a forclosure auction?
Dear Buyer and Seller,
In this market everyone is looking for a deal, and for some it seems natural that the foreclosure will bring one for sure. Many just need to learn about the diff ... more
0 votes Share Flag Tue Dec 28, 2010 Foreclosure in Raleigh
Irina Bennett, Real Estate Pro in Raleigh, NC
Irina Bennett answered:
Foreclosed Property in Raleigh MLS 1749291
Rainy, you have all the great questions, first of all I suggest to get a great Buyer's agent on your side with experience in this market who will be representing you in the purchas ... more
0 votes Share Flag Tue Dec 28, 2010 Foreclosure in Raleigh
Brandy Shelly, Other/Just Looking in Tipton, IN
Brandy Shelly answered:
Is it really possible to purchase a foreclosed home that does not look like a complete "dump"? any of you guys know of any cases?
Of course my standards my be lower than some, but I just had an offer accepted on a "dump" today. Wasnt even serious, I currently live in a mobile home and was just looking t ... more
0 votes Share Flag Tue Aug 10, 2010 Foreclosure in Raleigh
Cassandra Bl…, Real Estate Pro in Atlanta, GA
Cassandra Black, Consultant answered:
I'm starting my foreclosure cleanup company, and I need to know do I need to have my contractor license or can I hire a contractor with my
It really depends on the services you choose to offer in your foreclosure cleanup business and your county's licensing requirements... call your County Clerk's office and tell ... more
0 votes Share Flag Sun Aug 8, 2010 Foreclosure in Raleigh
Sheri Moritz, Real Estate Pro in Raleigh, NC
Sheri Moritz answered:
Are their any foreclosures in the Wake County/Johnston County area around $70-80K that look nice? Thanks
Have you had any luck finding foreclosures or property in your price range and area? New properties are listed every day. If you are not working with an agent currently I am happy to ... more
0 votes Share Flag Mon Jul 26, 2010 Foreclosure in Raleigh
Jennifer Bra…, Real Estate Pro in Garner, NC
Jennifer Brangaccio Marks answered:
My rental has been forclosed upon and I would like to move out now instead of continuing my lease and paying the bank. Can I do this?
I agree --get an attorney-- and bring not only a copy of your lease but any paperwork the bank has sent you and proof you have been paying rent to both the bank/landlord. Best of luck ... more
0 votes Share Flag Mon Feb 8, 2010 Foreclosure in Raleigh
Devon Brough…, Real Estate Pro in Cary, NC
Devon Broughton answered:
When do I start looking for a home if I plan to buy in two years and what do I have to present to the bank?
Hi Sean,

You have a great question and have received lots of great advice here. My specialty is working with first time buyers and in fact, 98% of my buyers are first-timers. Getti ... more
0 votes Share Flag Wed Oct 29, 2008 Foreclosure in Raleigh
Tim Hoelle, Both Buyer and Seller in Saint Petersburg, FL
Tim Hoelle answered:
I live in the Raleigh NC area. I would like to find someone on the verge of bankruptcy who is desperate to
Yes, it can work. You have to understand several things before you start; (1) you will only be able to choose from certain homes so you'll have to be flexible on selection (2) the lende ... more
0 votes Share Flag Sun Jul 20, 2008 Foreclosure in Raleigh
Rebecca Savi…, Real Estate Pro in Raleigh, NC
Rebecca Savitski answered:
Should I lower the asking price on my townhouse?
Heather - This is across the board right now with townhomes in the Raleigh area. The catch is the buyer wants to "get a deal" with all of the media hype buyers are looking for the best ... more
0 votes Share Flag Thu Dec 20, 2007 Foreclosure in Raleigh
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