Foreclosure in 85001 : Questions & Answers

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Stephanie We…, Real Estate Pro in Gilbert, AZ
Stephanie Weiss answered:
If you house if foreclosed on and put up to auction with a 1 mtg & 2nd and the bank owning the note bids higher than the 1st what happens?
This is a forum for real estate agents, lenders, appraisers, property managers, etc., not real estate attorneys which is who you really need to speak to. Also, the information is vague ... more
0 votes Share Flag Fri Apr 4, 2014 Foreclosure in Phoenix
Corneliu Olar, Real Estate Pro in Phoenix, AZ
Corneliu Olar answered:
How long before you can refinance or purchase a new home after a foreclosure?
FHA:

Short Sale:

3 years if delinquent at the time of the short sale

No waiting period if current on all debt at the time of the short sale

(Borrowers are not e ... more
0 votes Share Flag Thu Jun 26, 2014 Foreclosure in Phoenix
Alain Picard, Real Estate Pro in Puyallup, WA
Alain Picard answered:
If you bring a loan current from foreclosure, does it add to the principal balance each time.
I would look through your financing contract that you have with the sellers and see if there is some sort of penalty and for how much for not paying on time.
0 votes Share Flag Fri Jan 18, 2013 Foreclosure in Phoenix
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
I am a Real Estate Professional in the Phoenix market and just got a call from an investor that wants to purchase a property in Phoenix between
Well, I think you handled that call properly.

You can offer stats as to what areas have either maintained their prices better than others and seen shorter days on market, or, more re ... more
0 votes Share Flag Thu Mar 7, 2013 Foreclosure in 85044
The Premier…, Real Estate Pro in Scottsdale, AZ
The Premier Group answered:
Rental Property status?
Give me a call tomorrow and I would be more than happy to help you with this



Ryan Buckley Realtor®
Turning your Dream into an Address
Coldwell Banker Residential Brokerage
... more
0 votes Share Flag Mon Feb 4, 2013 Foreclosure in 85044
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Jennie Miller Pllc answered:
Rental Home foreclosure information??
This address is still not pulling up on the tax records. As Realtors, we have access to the tax records.
0 votes Share Flag Fri Jan 4, 2013 Foreclosure in 85044
Adam Tarr PC, Real Estate Pro in Scottsdale, AZ
Adam Tarr PC answered:
Concerned about potential rental property....NO Records?
According to tax records, there is no property with the address. Occasionally, the address posted on the property does not match tax records, so you should find out who the owner is an ... more
0 votes Share Flag Mon Apr 1, 2013 Foreclosure in 85044
Doug McVinua, Real Estate Pro in 85295
Doug McVinua answered:
I lost my home even though I was trying to save it since July thru a modification program. Is there anything I can do?
What do you mean by "I lost my home"?
0 votes Share Flag Mon Apr 15, 2013 Foreclosure in 85014
Michelle Ham…, Real Estate Pro in Goodyear, AZ
Michelle Hamilton answered:
Who is the Best Short Sale Processing Company in Ohio?
We have used Help You Short Sell for all of our short sales. I just asked them if they did business in Ohio and they said they just completed 3 more in Ohio. They are awesome to work ... more
0 votes Share Flag Wed Nov 28, 2012 Foreclosure in Phoenix
Mike Cave, Real Estate Pro in Phoenix, AZ
Mike Cave answered:
My home was foreclosed upon in June 2012...yet recorder's office STILL has it in my name today.
Hi Drew,
There are a few very large companies buying most of the homes sold at auction. Chances are that they have lost track of your previous home. Contact me directly with the infor ... more
0 votes Share Flag Thu Oct 11, 2012 Foreclosure in Phoenix
tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
How long after a trustee sale does it take for the county to update the new owner?
Some counties are faster than others, but June was 10 weeks ago and is enough time for any county to get it changed. Who knows where the HOA is getting their info, they might have a lis ... more
0 votes Share Flag Fri Aug 17, 2012 Foreclosure in 85021
Sean Heideman, Real Estate Pro in 85254
Sean Heideman answered:
Do you know of a company that buys properties from auctions or court house steps and rehabbs them for investors in Phoenix.?
I offer a trustee sale bidding service where I would go down to the court house steps to bid on properties you select from a list of trustee sale properties. We do not do the rehab for ... more
0 votes Share Flag Wed Jul 25, 2012 Foreclosure in Phoenix
Jason Harrell, Real Estate Pro in Phoenix, AZ
Jason Harrell answered:
Looking for an agent that knows the short sale process and also has worked with an investor before?
Good evening, I am a Certified Distressed Propert Expert(CDPE) that specializes in short sales and work almost exclusively with the investor market. Please feel free to contact me at j ... more
0 votes Share Flag Fri Jun 22, 2012 Foreclosure in Phoenix
Bob Dickinson, Real Estate Pro in Scottsdale, AZ
Bob Dickinson answered:
What is the best way to purchase a foreclosure in Phoenix?
Eric,
There are a few ways to purchase a foreclosure in Phoenix. I would have to say the 2 most popular ways would be at a Trustee Sale or a lender owned listing. I would seek the ad ... more
0 votes Share Flag Wed Jun 27, 2012 Foreclosure in Phoenix
Martin Macis…, Real Estate Pro in South Portland, ME
Martin Macisso answered:
How do I buy an REO home that isn't listed on the market yet?
They cannot sell the home without listing it with the agent on the local MLS.

Depending on if its a Fannie or Freddie loan, you may be able to find the agent before it lists and ask ... more
0 votes Share Flag Tue Feb 7, 2012 Foreclosure in Phoenix
Amy Stanley, Real Estate Pro in Manassas, VA
Amy Stanley answered:
How to buy a home that was just foreclosed before it hits the market?
From my experience as an reo agent there are two ways you could go about purchasing the home. One, is to wait til it is relisted or Two, you could contact the lender to find out who th ... more
0 votes Share Flag Mon Oct 14, 2013 Foreclosure in 85042
Randy Hooker, Real Estate Pro in Phoenix, AZ
Randy Hooker answered:
6629 n. 27th ave. phx az 85017 ,,is this property in any forcloser?
I seriously doubt it, since this property address doesn't even appear in Maricopa County records.
0 votes Share Flag Mon Jan 9, 2012 Foreclosure in Phoenix
Jonathan Dal…, Real Estate Pro in Phoenix, AZ
Jonathan Dalton answered:
Hi, we are looking to buy HUD homes in Phoenix. Were looking for referrals for qualified HUD certified agents.
Hi there ... HUD certified agents have not been required for more than a year; anyone can sell a HUD home at this point of time. The trick is finding them with the current dearth of inv ... more
0 votes Share Flag Wed Jan 4, 2012 Foreclosure in Phoenix
Jason Webb, Real Estate Pro in Phoenix, AZ
Jason Webb answered:
We filed bk and it has been discharged, our lender will auction off the house in March 2012, what if the house does not sell on this day what happens?
Hi Janet, I answered your other questions assuming you were renting since you status on truia says renter. Sorry for the confusion. If the house does not sell at auction, the bank becom ... more
0 votes Share Flag Wed Dec 21, 2011 Foreclosure in Phoenix
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