Foreclosure in San Francisco County : Questions & Answers

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Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
who may provide short term loan for buying at auction?
You will need cash. You can check the online auction sites to see when sales will take place. Very rarely will you have time to get a loan to do that.
0 votes Share Flag Tue May 26, 2015 Foreclosure in 94117
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Hpw do you purchase a home in fore closure?
If you mean by at auction, you will need cash. You can check the online auction sites to see when sales will take place.
0 votes Share Flag Tue May 26, 2015 Foreclosure in Central Richmond
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
What resources are there for homowners who are behind on their mortgage payments?
You can try: http://www.makinghomeaffordable.gov/

I recommend calling an agent specialized in short sales however to discuss your options.
0 votes Share Flag Tue May 26, 2015 Foreclosure in 94114
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
I live in a house that was foreclosed in January. The bank says it doesn't want rent "at this time." Will the bank make me pay back
You may want to contact a local attorney at this point.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
What is the best way to purchase a foreclosure in San Francisco?
I recommend getting a buyer agent to start your searches as they will have access to all bank owned properties and will be able to represent you in the purchase and make sure you are th ... more
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
How do I find foreclosed homes?
You can look for homes here on Trulia or your realtor can always send you foreclosed listings.
0 votes Share Flag Tue May 26, 2015 Foreclosure in 94115
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
What is the difference between a Short Sale, a Foreclosure and a Bank-Owned home?
Short sales - Sellers own home and are asking the bank to forgive the amount they will be short at settlement. Foreclosure - technically is a home that is in foreclosure and hasn't bee ... more
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Tenents rights
The bank may honor the contract, but I would recommend looking for a new place to rent.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
i was foreclosed and my house was auctioned without me being personnaly notified
They would have been required to notify you. They have to post in on the home and in the news paper and online. They also would have mailed you a notification.

If they truly did no ... more
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
when is auctiom?
The auction dates and times will be posted in the news papers and online.
0 votes Share Flag Tue May 26, 2015 Foreclosure in Pacific Heights
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Bank owned property
Never say never, but its probably not likely.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Robert Krop, Real Estate Pro in 21704
Robert Krop answered:
Why Do Real Estate Agents Need personal contact?
Well, for any professional to better help you, it better for them to have a way to contact you.
0 votes Share Flag Tue May 26, 2015 Foreclosure in San Francisco
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
are these amounts the asking price?
On the foreclosures, the amount you are seeing is likely to be the amount owed by the homeowner to the lender.
0 votes Share Flag Wed May 20, 2015 Foreclosure in Russian Hill
ttassano, Home Owner in San Francisco, CA
ttassano asked:
Property tax foreclosure on a rent to buy / owner contract home. No bank mortgage. Owner owns home outright Property sales tax foreclosure.
Property was originally sold on a owner contract. Buyer failed to pay property taxes. When sold at auction will the OWNER (not the buyer) be paid back? No…
0 votes Share Flag Thu Apr 2, 2015 Foreclosure in San Francisco
Richard Litt…, Real Estate Pro in Orange County, CA
Richard Littlefield answered:
Property sales tax foreclosure.
No if they buyer allows the property to be sold at auction, the buyer will lose out completely,
The buyer needs to take quick action and pay off the taxes, and buy out the property.
... more
0 votes Share Flag Wed Apr 1, 2015 Foreclosure in San Francisco
RonS, Real Estate Pro in Concord, CA
RonS answered:
WHEN THE HOUSE IS SOLD AT AUCTION AND THE LENDER WAS AN OWNER CONTRACT DEED, WHERE DOES THE MONEY GO?
There is no money as the foreclosing entity does a "Credit Bid" meaning, no actual cash bid is being done by the foreclosing entity. That is, there is no money unless there is a 3rd par ... more
0 votes Share Flag Mon Mar 23, 2015 Foreclosure in San Francisco
RonS, Real Estate Pro in Concord, CA
RonS answered:
When does the 1st mortgage get paid when a 2nd mortgage forcloses in San Francisco At a trustee's sale and there's equity.?
You no longer own it but, are still responsible for the liability. There is no incentive for the senior lien holder to do anything as they are getting paid by the purchaser at foreclos ... more
0 votes Share Flag Mon Feb 2, 2015 Foreclosure in San Francisco
TruIia VIP T…, Real Estate Pro in Longmeadow, MA
TruIia VIP The Graveline Group answered:
Is this unit under auction now? How can i know more about this unit?
Andy, browse under the agent directory and find yourself a local Realtor to work with. That is what trulia is ultimately all about. Find a well reviewed Realtor you are comfortable wo ... more
0 votes Share Flag Mon Jan 26, 2015 Foreclosure in Ingleside Heights
Alex Greer, Real Estate Pro in California
Alex Greer answered:
What is the best route to look into purchasing a foreclosed apartment/condo?
Are you an all cash buyer?

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS ... more
0 votes Share Flag Sun Jan 11, 2015 Foreclosure in San Francisco
Randall Ortiz, Real Estate Pro in Sacramento, CA
Randall Ortiz answered:
Hi, I m just wondering what's the situaton with this condo? Is it up for sale? Thanks!
Do you have an address for the property? You can contact me directly if you still need help with this.
0 votes Share Flag Mon Jan 5, 2015 Foreclosure in Russian Hill
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