Foreclosure in Summit County : Questions & Answers

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George Raymo…, Real Estate Pro in Chino Hills, CA
George Raymondo answered:
What is a caviers report?
Nicely done Kimberly! The only government insured loan program that has a work around a CAIVRS Claim is the FHA Back to Work Program. Under this program, we the lender request a "Credit ... more
0 votes Share Flag Thu Oct 9, 2014 Foreclosure in Akron
TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
House bought back by lender at Sheriff sale.
You won't be able to deal directly with the bank so contact a local real estate professional to assist you. Sometimes the banks list the homes immediately and sometimes weeks, months a ... more
0 votes Share Flag Sun Mar 9, 2014 Foreclosure in Cuyahoga Falls
Cece Fox, Real Estate Pro in Akron, OH
Cece Fox answered:
were are the auctions held and how do find out dates of the foreclosure
Summit county sheriff sales are held every Friday at 10 am. The foreclosure dates are a matter of court record. That date has nothing to do with the auction date. The sheriff is curr ... more
0 votes Share Flag Tue Sep 17, 2013 Foreclosure in 44301
Cecilia Sher…, Real Estate Pro in Lakewood, OH
Cecilia Sherrard answered:
If I see a home on here that is bank-owned, how do I find out how to put an offer on it?
You will need a Realtor to make offers. Find a good one in your area and let them know about your goals and situation.

They will be able to guide you through the entire process. You ... more
0 votes Share Flag Mon Sep 16, 2013 Foreclosure in Stow
Cece Fox, Real Estate Pro in Akron, OH
Cece Fox answered:
i'm interesting about that house how i could contact and know more about it and see it
Let me know what the address is and I will get you the relevant info! Will you be getting a mortgage to buy? If so, have you contacted a lender to get a pre-approval?
0 votes Share Flag Mon Sep 16, 2013 Foreclosure in Stow
Tom McCombs, Real Estate Pro in New Franklin, OH
Tom McCombs answered:
What's the address? I'm interested in this house, I may pay cash instead of getting financed,
I do a lot of foreclosure projects, so if you will contact me I can answer your questions.
0 votes Share Flag Tue Jul 16, 2013 Foreclosure in Rolling Acres
James Deskins, Real Estate Pro in 43082
James Deskins answered:
What is preforeclosure? Different than a short sale? How can I find out about a 4bed/3bath preforeclosure on Macdonald Cir in Richfield?
Don't waste your time chasing "pre-foreclosures".....they are not for sale and might never be. Even if they are, it will be months....many months....maybe a year....maybe 2 years....
0 votes Share Flag Thu Mar 21, 2013 Foreclosure in Richfield
Ken Woods, Real Estate Pro in Macedonia, OH
Ken Woods answered:
I'm looking for a realtor that specializes in REO properties. We are per-approved but at a standstill. We want to see property and move forward
I have listed and sold many reo properties over the years. The system is showing one available on Parkgate and one that is already pending. Please give me a call so we may move forward. ... more
0 votes Share Flag Wed Mar 20, 2013 Foreclosure in Wallhaven
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
What is the address of this property in Richfield?
Hi lmtl1981,

That's a good question! You should work directly with an agent who can help you learn more about that specific property (and probably will know a lot about similar prop ... more
0 votes Share Flag Fri Nov 2, 2012 Foreclosure in Richfield
Kim Marie Ka…, Real Estate Pro in Solon, OH
Kim Marie Kapustik answered:
Are bank owned homes easier to buy than short sales?
Bank Owned Homes close quicker than short sales, but you may not get as good of a "deal" on them.
Short Sales you do have to play the waiting game, but they do not have to be a difficu ... more
0 votes Share Flag Thu Jun 14, 2012 Foreclosure in Twinsburg
Daniel, Other/Just Looking in Baton Rouge, LA
Daniel answered:
If a house is bank owned - can that bank force you to use them to buy it?
Builders, Realtors, Developers, Asset managers skirt Federal RESPA laws to try to "steer" you to use "their guy"

You are free to use any lender. If that Builders ... more
0 votes Share Flag Sun Mar 11, 2012 Foreclosure in Akron
Duane Johnst…, Real Estate Pro in Ohio
Duane Johnston answered:
When a house is forclosed do they rent any of the houses out. let say for about 2 years or so??? Barbara Feagain
Sorry Barbara, no they don't. However, I have seen them take a long time to do the final foreclosure process and sometimes up to 2 years before they do the foreclosure. However, ... more
0 votes Share Flag Fri Feb 24, 2012 Foreclosure in Cuyahoga Falls
Gerard J. Ca…, Real Estate Pro in Spring Hill, FL
Gerard J. Carney answered:
is realtytrac.com a reliable site for forclosures?
Why would you pay for information every Realtor in your area or the area you are looking in will give you for free. The info that they sell is nothing more our MLS listing, which real R ... more
0 votes Share Flag Thu Jun 9, 2011 Foreclosure in 44278
Ron Rovtar, Real Estate Pro in Boulder, CO
Ron Rovtar answered:
looking for a nice, spacious forclosure in a tallmadge development?
Hi Husni:

A real estate agent can check foreclosures for you. I would be careful with the foreclosure websites, especially if they ask for money before giving all the details. At le ... more
1 vote Share Flag Wed May 25, 2011 Foreclosure in 44278
Marki Lemons…, Real Estate Pro in Chicago, IL
Marki Lemons-Ryhal answered:
what is redemption period after the sheriff sale in illinois?
In Illinois the redemption period is up until the time of Sheriff Sale. If the property sales to a third party at the time of auction for less than what is owed then the homeowner is en ... more
0 votes Share Flag Tue Apr 5, 2011 Foreclosure in Summit County
Margaret Car…, Real Estate Pro in Stuart, FL
Margaret Cariddi answered:
put bid on shortsale 200k after 2 fell through w/bank accepting 250K - house empty 370 days - what do you think my chances are of acceptance? counter?
The bank is going to want market value for the house. If the house's market value is $250,000. thats what they will want. They don't care how long it takes although they shoul ... more
0 votes Share Flag Wed Sep 15, 2010 Foreclosure in Sagamore Hills
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
my home was sold right from under me while I thought loan was being modified i see this about redemption period can i do this in ca and how long do i
Your missing something here it is not the bank responsibility to keep you informed of what is going on it is your responsibility to be aware of what is going on with your foreclosure ca ... more
0 votes Share Flag Sat May 29, 2010 Foreclosure in Summit County
Patrick Thies…, Real Estate Pro in Elmhurst, IL
Patrick Thies SFR, CNC answered:
We are interested in a forclosure, but we have bad credit ourselves because of a lay off a few years ago. Is it possible for us to buy a forclosure?
Bad credit is the key here. If you have bad credit, you probably won't qualify for a loan no matte what you are planning on buying. Talk to a lender and see just how bad your cre ... more
0 votes Share Flag Sat Jan 16, 2010 Foreclosure in Tallmadge
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
I found a foreclosed property I am interested in purchasing but the description lists it as lis pendens. Please explain
It sounds like you are looking at a foreclsoure website that identifies properties in foreclosure. The lis pendens is the first legal action notice of the foreclosure. This does not m ... more
0 votes Share Flag Wed Dec 2, 2009 Foreclosure in Cuyahoga Falls
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