Foreclosure in San Marcos : Questions & Answers

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J.R. Thrasher, Real Estate Pro in San Diego, CA
J.R. Thrasher answered:
Can a house be listed as a short sale and a foreclosure at the same time.?
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 92069
David Rudd, Real Estate Pro in San Diego, CA
David Rudd answered:
I like this home that is a foreclosure but it is not listed yet. How can I have an agent help me to buy this home?
Hi Sharon,

As a former bank executive, I can tell you there is little you can do to obtain the property until the bank lists it with their chosen agent (typically contracted for geog ... more
2 votes Share Flag Wed Feb 20, 2013 Foreclosure in 92078
Pat and Steve…, Real Estate Pro in Westlake, OH
Pat and Steve Pribisko answered:
If the property is listed as a short sale and a foreclosure can the realtor the property is listed with control the amount the seller may bid?
We have heard of some banks doing parallel short sale/foreclosures. This means that one department is working on the short sale and another department is working on the foreclosure, an ... more
0 votes Share Flag Sun Dec 19, 2010 Foreclosure in 92069
Tracey Martin, Real Estate Pro in Salinas, CA
Tracey Martin answered:
If a home is listed as a short sale and a foreclosure at the same time does the foreclosure override the short sale?
A foreclosure always trumps a short sale. A lender will not allow a short sale once the foreclosure has occurred unless the lender foreclosed in error. We had a short sale listing in ou ... more
0 votes Share Flag Fri Dec 17, 2010 Foreclosure in 92069
Lorraine, Real Estate Pro in Vista, CA
Lorraine answered:
We have one rental property and have had rentals for over 15 years and excellent credit. I understand that
At this time I do not know of a lender/REO bank that is offering a situation such as the one that you are interested in. Once a home has gone back to the bank, most of the time there i ... more
0 votes Share Flag Thu Sep 16, 2010 Foreclosure in 92069
Justin Brenn…, Real Estate Pro in San Diego, CA
Justin Brennan answered:
Hello Kimbra,
I am an asset manager and get calls from homeowners all the time wondering what happened because they thought they were going to get a short sale. The reality is that the ... more
0 votes Share Flag Thu May 6, 2010 Foreclosure in 92069
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
Short Sale house becoming a foreclosure?
A short sale can become a foreclosue quickly if the mortgagor just gives up and does not try to do a workout or defend their position against the bank. However with hamp and hafa thing ... more
0 votes Share Flag Sun May 2, 2010 Foreclosure in 92069
Bonnie Malon…, Real Estate Pro in 92029
Bonnie Maloney answered:
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?
there is never a drawback to expanding your search as then you will see the full scope of the market. So look, it cannot hurt. However, FSBO's can be hard to handle on your own. ... more
0 votes Share Flag Sun Feb 21, 2010 Foreclosure in San Marcos
Brian Richard, Real Estate Pro in Carlsbad, CA
Brian Richard answered:
For homeowners, which is better a short sale, or a foreclosure?

What are your thoughts?
0 votes Share Flag Sat Feb 7, 2009 Foreclosure in 92078
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