Foreclosure in Los Angeles : Questions & Answers

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Ron Escobar, Real Estate Pro in 90049
Ron Escobar answered:
Afte a trustee sale can the second lien holder come after you?
Thank you for your replies and remember to negotiate with whomever wants you to surrender occupancy. In business you do not get what is right or fair, you get what you negotiate. :)

... more
0 votes Share Flag Wed Aug 15, 2012 Foreclosure in Los Angeles
Carlos Parra…, Real Estate Pro in Monrovia, CA
Carlos Parrague answered:
Looking for an agent that knows the short sale process and also has worked with an investor before?
I highly recommend Shannon Chang at Dilbeck Realtors 626-345-8545
0 votes Share Flag Tue Aug 14, 2012 Foreclosure in Los Angeles
Fhomeb, Home Buyer in Boyle Heights, CA
Fhomeb answered:
Are there real estate agents who specialize in foreclosures in L.A.?
i need an a great realstate agent the specializes on REO and forclosures
0 votes Share Flag Fri Aug 10, 2012 Foreclosure in Los Angeles
Ici.properti…, Real Estate Pro in 75248
Ici.properties answered:
I am a General Contractor. How do I start a Trash-out, Punch-out services company?
If you will need capital to expand your business, you may want to contact us, we may be able to help.
ICI Commercial Lending - 877-221-0434
0 votes Share Flag Wed Jul 25, 2012 Foreclosure in Los Angeles
Househunter, Other/Just Looking in Houston County, AL
Househunter answered:
Pre-foreclosure, Foreclosed vs REOs......
You can check on www.ishortsales.com

They have short sales, preforeclosures, foreclosures and agents who specialize in them.
0 votes Share Flag Fri Jun 15, 2012 Foreclosure in Los Angeles
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
what is the outstanding mortgage on a property at 5161 southridge ave. los angeles , ca.90043
You can guess but the actual payoff is not public information. Here is how you get a close idea, go to the records and get a copy of the mortgage(s). Read them to find out what type ... more
0 votes Share Flag Thu Jun 14, 2012 Foreclosure in 90043
Irina Karan, Real Estate Pro in 33160
Irina Karan answered:
How do I find information about bank real estate auctions?
I suggest to inverview several agents and hear them out on where the highest returns/future value growth areas are. The agent has to be the one specializing in helping investors - and h ... more
0 votes Share Flag Thu Jun 7, 2012 Foreclosure in Los Angeles
Jan, Other/Just Looking in 90404
Jan answered:
How can I obtain more information about a foreclosure listing in Cheviot Hills without first registering with?
you needn't pay anything for this info. go to the County Recorder in Norwalk and research the tax leins, bank loans etc. yourself. it's all there. the biggest issue is the drive ther ... more
0 votes Share Flag Sun Jun 3, 2012 Foreclosure in Cheviot Hills
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
Is buying a foreclosure a difficult process? Many agents/brokers I've spoken to don't want to do foreclosures.
The last thing you want to do is work with the listing agent of a foreclosure property. These agents work for the lenders and will never have your interest at heart regardless of anythi ... more
0 votes Share Flag Sat Jun 2, 2012 Foreclosure in Los Angeles
John Patrick, Home Owner in Grand Rapids, MI
John Patrick answered:
How can i buy and bail? Can anyone guide me?
I would not post this question in this forum with a number of Realtor that their main job is to sell you a house and profit from it and does not really care about what our personal and ... more
0 votes Share Flag Mon May 21, 2012 Foreclosure in Los Angeles
Brian Miller, Real Estate Pro in Ionia County, MI
Brian Miller answered:
Do you know where I can get a "free" list of foreclosure homes for the Los Angeles, CA area that are going up for auction?
Yes, go to www.HUDHomestore.com. You will see a map of the United States. Click on your state and then enter the specific area you looking in.
0 votes Share Flag Sat Apr 14, 2012 Foreclosure in Los Angeles
Johnny James, Real Estate Pro in 93551
Johnny James answered:
If a property is in pre-forclosure. How long does it take for the property to get an MLS# assigned to it or for it to be in forclosure status??
MLS # is only assigned to property listed for sale by a broker.
0 votes Share Flag Fri Apr 13, 2012 Foreclosure in Los Angeles
SERGEY FEDNOV…, Real Estate Pro in Beverly Hills, CA
SERGEY FEDNOV *** 424-777-9377 answered:
How can I locate a RE agent that specializes in foreclosed properties? I'd prefer one that focuses on these.
I'm very familiar with REO

Please feel free to call me 424-777-9377 - i'll be happy to help you out.




Thank you for your time.


Should you have any questions - please f ... more
7 votes Share Flag Wed Apr 11, 2012 Foreclosure in Greater Wilshire / Hancock Park
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
I am on title only and my nephew is on title and loan. He has decided to forclose. May I be held responsible for the loan? Will this affect my credit?
I would definitely contact "Melissa Zavala" , before I'd contact anyone else about a short sale. She is truly the best in the business and she always looks back on the same Trulia threa ... more
0 votes Share Flag Fri Apr 6, 2012 Foreclosure in Los Angeles
NANCY CELIS, Real Estate Pro in Whittier, CA
NANCY CELIS answered:
In California, if my house is foreclosed on, can the lender then come after me for remainder of loan, attorney fees and/or foreclosure costs?
Best advice will be to speak to your real estate attorney on the deficiency. For informational purposes only - if you have to move to another country, you almost have no choice but to ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 90025
NANCY CELIS, Real Estate Pro in Whittier, CA
NANCY CELIS answered:
what type of document can a trustee provide in order to proceed with a short sale after bkrpcy?
What you will need is the discharge for the bankruptcy. Title may show there was a bankruptcy filed and if you want to avoid an issues with title, provide the discharge - the bankruptc ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 90025
NANCY CELIS, Real Estate Pro in Whittier, CA
NANCY CELIS answered:
What can an agent in a short-sale do to get more commission after verbal approval by lender and signed counter by seller and buyer?
Short sales are subject to lender approval and we as agents know that we will not always receive the commission we request. An agent that is trying to rework a contract to get more mon ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 90025
NANCY CELIS, Real Estate Pro in Whittier, CA
NANCY CELIS answered:
I am thinking of allowing my rental property to go into foreclosure. I have been regular with my primary residence mortgage. How will this affect me?
Cristina, sometimes there are circumstances that change your financial situation and in your case perhaps you may be suffering a financial setback, ie., renters moved out and you cannot ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in Los Angeles
NANCY CELIS, Real Estate Pro in Whittier, CA
NANCY CELIS answered:
When does my second loan get notified of a short sale?
Your real estate agent would be able to direct you on the process of the short sale, but just in case you are obtaining a second opinion - yes you must notify 2nd lien of the short sale ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in Los Angeles
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