Foreclosure in Riverside : Questions & Answers

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Jason Shawn…, Real Estate Pro in 92508
Jason Shawn McIntyre, Broker answered:
How do appraisers determine a home's value in a foreclosure-heavy market?
Dear Ty,

Appraisers have the option of adjusting for condition. As a common example, suppose a comparable property is 150sf smaller than the subject property. The appraiser would e ... more
0 votes Share Flag Mon May 12, 2014 Foreclosure in 92508
Ana Rodriguez, Real Estate Pro in Riverside, CA
Ana Rodriguez answered:
Can I submit an offer of this house?
Hello again Mr. Lucas please call me at 510-830-6536 or you can send me your number so I can call you or send me and email with all your questions regards the property at arodriguezho ... more
0 votes Share Flag Mon Dec 23, 2013 Foreclosure in Canyon Crest
michellelong…, Real Estate Pro in Corona, CA
michellelongnaker answered:
I bought a house in 2006 and put in $100k as a down payment. At this point I dont know what to do with my
This is a good question for your real estate agent.
0 votes Share Flag Fri Oct 11, 2013 Foreclosure in Riverside
J.R. Thrasher, Real Estate Pro in San Diego, CA
J.R. Thrasher answered:
More Photo's for this home
I wrote a blog about "Finding Foreclosed Homes on Trulia" just last week. I'll put a link in the web reference. That should answer all of your questions.

J.R. Thrasher
www.SanDiego ... more
0 votes Share Flag Wed Sep 11, 2013 Foreclosure in Canyon Crest
James Cottre…, Real Estate Pro in Riverside County, CA
James Cottrell answered:
how to regesteir for public action?
Hello,
Public auctions are very interesting. I can certainly point you in the right direction. Registering is a simple process which typically requires a cashiers check for deposi ... more
0 votes Share Flag Wed Sep 4, 2013 Foreclosure in 92508
Alex Greer, Real Estate Pro in California
Alex Greer answered:
Bank led us to believe we had approval for a loan mod through Make Homes Affrdable. 7 days age found out sale is today (no notice posted or mailed).
I was just looking through old post and I noticed yours. If you were not able to refinance at the time of the post, I can certainly help you out now. You can call me at 408-352-5147 or ... more
0 votes Share Flag Thu Aug 15, 2013 Foreclosure in 92506
Joe Diamos, Home Buyer in Alta Vista P.u.d., A...
Joe Diamos answered:
From the filing of a notice of default is there a time limit for the trustee sale notice to be filed or actually take place in California?
I think the NOD is good for one year.... then if they have not foreclosed and taken back the house....they would have to file another NOD all over again....
0 votes Share Flag Wed Jul 10, 2013 Foreclosure in Riverside
Kymberley Pa…, Real Estate Pro in Riverside, CA
Kymberley Page answered:
Is there a (free) website that will allow me to see if a Notice of Default has been filed on my Riverside County, CA property yet?
Well j2911r828, I see you have 4 Realtors that have already answered your question, I would be happy to look up the information for you. give me a call and discuss where you are in th ... more
0 votes Share Flag Wed Jun 5, 2013 Foreclosure in Riverside
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
In California how many months must you be behind in your mortgage payment before the lender can forclose
If you were delinquent in MAY, 2012;
You are really behind now!
0 votes Share Flag Wed May 29, 2013 Foreclosure in 92505
Lon Mapes, Real Estate Pro in Redlands, CA
Lon Mapes answered:
I live in Southern California and my home is upside down by almost $275,000. I have been making the payments but unfortunately due to the stress of
Since your husband is not on the Mortgage with you he may be able to purchase another home as your mortgage does not effect his credit. SO as long as he has good credit and income he h ... more
0 votes Share Flag Wed May 29, 2013 Foreclosure in 92505
So Cal Homes…, Real Estate Pro in Hemet, CA
So Cal Homes 951-821-8211 answered:
Does having a living trust as the owner of your properties provide complications or benefits for a short sale?
Usually no. The Lender will seek the person(s) on the loan to deal with. Title will have to do with the title and escrow. As long as you are the trustee you should be in good shape.
... more
0 votes Share Flag Tue Nov 6, 2012 Foreclosure in Riverside
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
Mom died in home and home worth way less than mortgage and no job - have POA
Hi Darcy or Tim

The best option for the family is a Short Sale, prudent to start the process right away.

However, if the home Sells then they have to move out and will receive no ... more
0 votes Share Flag Sun Aug 19, 2012 Foreclosure in 92508
William Hala…, Real Estate Pro in Riverside, CA
William Halatsis answered:
I have a 2 yr lease, but the home is now foreclosed. Will Fannie Mae give us the renters a chance to buy the home before listing the home for sale.?
As long as it has not yet gone to auction there is a chance. Very fluid situation, changing constantly but worth looking into. You have rights and power...possession is nine points of t ... more
0 votes Share Flag Sun Aug 12, 2012 Foreclosure in 92508
Terry Hammill, Real Estate Pro in California
Terry Hammill answered:
Can I start the short sale process without lender preapproval?
Hello Nissa,

As John Bender stated, this may be a tough transaction. Also as stated by others here the short sale process has been streamlined (in a lot of cases) and they are taking ... more
0 votes Share Flag Fri Apr 13, 2012 Foreclosure in Riverside
Kevin McLaug…, Real Estate Pro in Murrieta, CA
Kevin McLaughlin answered:
how do i know if my home was sold at an auction?
I see that this question is from last summer... I hope things have worked out for you.
0 votes Share Flag Fri Apr 13, 2012 Foreclosure in 92504
Kenneth Garc…, Real Estate Pro in Anaheim Hills, CA
Kenneth Garcia answered:
I purchased a property at a Tax Deed sale in RIverside, CA. March of 2008. I received a letter from the
I know this is an old post but if i may ask, what city did you buy it in? Was it in an unicorporated area?
0 votes Share Flag Fri Sep 9, 2011 Foreclosure in Riverside
DAVID COOPER…, Real Estate Pro in Las Vegas, NV
DAVID COOPER 1.888.616.6226 answered:
cash for keys for owner?
I only know of cash for keys when the house is deeded back to the bank at the auction, and the previous owner is reluctant to leave. Why would the bank offer you cash when they don ... more
0 votes Share Flag Tue Apr 26, 2011 Foreclosure in Riverside
Dp2, Other/Just Looking in Virginia
Dp2 answered:
To all the agents who took time in giving me the advice that you all gave i did all research i needed and at the very end of my 5 min was given 5 mos:
That's cool to hear, and glad to hear that you and your husband are OK now.

Thanks for the referral. I hope you'll continue to engage and encourage others facing a similar ... more
0 votes Share Flag Thu Feb 10, 2011 Foreclosure in Riverside
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
my husband and i recently rented the home we are living we just found out the home has been sold and now the invester has given us 3 days to move
Confer with an attorney, much is governed by the lease agreement you signed with org. property owner terms if the home was sold.

Lynn911 Dallas Realtor & Consultant, Loan Office ... more
0 votes Share Flag Sun Feb 6, 2011 Foreclosure in Riverside
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
should an Appraiser use the sales of foreclosure property as comparables in the sales Comparison Approach in the year 2009 and 2010 ?
If you are asking this as a hypothetical question then we all know the answer NO , but Appraisers are required by law to follow strict standards and foreclosure properties do get factor ... more
0 votes Share Flag Mon Oct 4, 2010 Foreclosure in 92508
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