Foreclosure in 10029 : Questions & Answers

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George Stroud, Both Buyer and Seller in New York
George Stroud answered:
What is the most cost effective way to do title research for multiple properties before forclosure auction?
I really suggest you interview different title companies and ask them these questions:

1) Do you work with assignments of contract? Does the assignor need to be present at closing?
... more
0 votes Share Flag Mon Feb 18, 2013 Foreclosure in New York
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
What is the best way to find forclosures?
Consult with a local Realtor
0 votes Share Flag Tue Feb 19, 2013 Foreclosure in New York
George Stroud, Both Buyer and Seller in New York
George Stroud answered:
What are the advantages of buying foreclosed properties at trustee auctions vs. buying REOs that sell on MLS?
If you're going to be flipping/wholesaling houses, REOs may have a stipulation that you can't sell or assign the property within a certain time frame -- sometimes 30 to 90 days. I have ... more
0 votes Share Flag Fri Mar 1, 2013 Foreclosure in New York
Josh Barnett, Real Estate Pro in Oklahoma City, OK
Josh Barnett answered:
where do i begin?
Are you new to Real Estate in:
1. Seller?
2. Buyer?
3. A new Realtor?
4. Person needing to rent their home?
5. etc....
0 votes Share Flag Sun Feb 17, 2013 Foreclosure in SoHo
Jenet Levy, Real Estate Pro in New York, NY
Jenet Levy answered:
this is the final price of the property? the cost x months pay? terms of tax? few sq, ft. has own? have restrictions on renting?
For information on RealtyTrac properties, you have to subscribe to them. They used to offer a free trial, not sure if they still do. If they do, be careful as they charged me for many ... more
0 votes Share Flag Fri Feb 15, 2013 Foreclosure in SoHo
Janet M. Nat…, Real Estate Pro in Baldwin, NY
Janet M. Nation answered:
What is the difference between a Strategic Default and just walking away?
Can you define your definition of walking away; stragegic default could be considered walking away so what do you mean?
0 votes Share Flag Fri Jan 11, 2013 Foreclosure in Inwood
James P. Fur…, Real Estate Pro in Boston, MA
James P. Furlong answered:
Who is responsible for past due HOA dues once a condo has gone into foreclosure?
It probably varies by state but here in MA the association can get 6 months of dues. Best to check with a local real estate attorney.
0 votes Share Flag Sat Jun 29, 2013 Foreclosure in Lower East Side
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I'm interested in this property. Please contact me deepti_stacy@yahoo.com
Keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--some of those properties may not be for sale yet, and some may never be, if the d ... more
0 votes Share Flag Mon Oct 29, 2012 Foreclosure in SoHo
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
Are there foreclosure opportunities in residential & or commercial buildings in the east village?
Hey Lynn,

That is a great question. Have you started working with an agent yet to start your search? You can get started right here on Trulia: http://www.trulia.com/voices/directory/ ... more
0 votes Share Flag Tue Dec 4, 2012 Foreclosure in East Village
William Kim, Other/Just Looking in New York, NY
William Kim answered:
'm looking for something either as sale under$300K and 1K Maint. or a rental at $1500-2500 ny 12/31/2012
Hi,

I know of few options available. Can you let me know what areas you are lookig into and size of the apartment? And then I can send you listings.

Please feel free to call o ... more
0 votes Share Flag Tue Dec 4, 2012 Foreclosure in New York
Janet M. Nat…, Real Estate Pro in Baldwin, NY
Janet M. Nation answered:
need help in finding a pro-bono foreclosure attorney to work out mortgage modification that will not
You can go to hud.gov for assistance.
0 votes Share Flag Fri Aug 2, 2013 Foreclosure in New York
Toby Jenkins, Real Estate Pro in New York, NY
Toby Jenkins answered:
Property has a lis pendens action. Best way to find out if this property is available to purchase.
Firstly properties ion Manhattan were the last into the collapse and the first out. The reason being 72% apts are co-ops where if you could n,ot afford the property you could not get b ... more
0 votes Share Flag Mon Jul 2, 2012 Foreclosure in New York
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
CAN A BANK SIEZE MY ROTH IRA OR ANY OTHER INVESTMENTS IF I FORECLOSE OR SHORT SALE MY HOME?
I would not think they could seize anything you have if you have not put it up as collateral on the loan. I think a bank might not allow a short sale to occur if you have some assets th ... more
0 votes Share Flag Thu Sep 26, 2013 Foreclosure in New York
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
How Do You Report A Property In Foreclosure That Was Once Your Primary Residence? in New York
Not sure the question is fully understood--do you still own the home, if not who/what would you like to report, are you certain it's in foreclosure, etc.
0 votes Share Flag Wed Jun 13, 2012 Foreclosure in New York
Luigi Pecora…, Real Estate Pro in New York, NY
Luigi Pecoraro answered:
I am interested in this property. Please email me if you can: madave244resident@gmail.com
I am having an open house this coming Sunday from 12:30 to 2PM.
Luigi
0 votes Share Flag Mon Jun 4, 2012 Foreclosure in Midtown South Central
Dom Pascual, Real Estate Pro in New York County, NY
Dom Pascual answered:
im a fist time buyer my credit score is 600 and i only have 5% down payment what my chances of buying a home in staten island ny
Nothing is impossible but why is your credit score only 600. Ideally, you should get this fixed before you buy. Use this time to increase your downpayment as well as pay down debt. You ... more
0 votes Share Flag Tue May 22, 2012 Foreclosure in New York
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
can you tell me about house market in NYC Queens area?
See link below for helpful information; keep in mind that not all areas have many foreclosures, and not all areas have substantial price decreases; therefore if you are looking to buy, ... more
0 votes Share Flag Wed May 9, 2012 Foreclosure in New York
Alain Picard, Real Estate Pro in Puyallup, WA
Alain Picard answered:
how to buy nyc foreclosure?
Has the property already gone to auction?
0 votes Share Flag Sat Feb 25, 2012 Foreclosure in 10002
Chris Aiken, Real Estate Pro in Pensacola, FL
Chris Aiken answered:
Hello?
SImply give a call to your preferred real estate professional. He or she can give you a hand! Good luck!
0 votes Share Flag Mon Aug 13, 2012 Foreclosure in Upper East Side
Janet Resino, Real Estate Pro in New York, NY
Janet Resino answered:
What does a Real Estate Agency require regarding hiring a trash out service. Someone told me that if move furniture you hve to be bonded not for trash
All NYC buildings require insurance certificates for work to be done in your apt. That includes trash out. Some buildings to not enforce it. For your own security and peace of mind it ... more
0 votes Share Flag Sat Oct 15, 2011 Foreclosure in New York
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