Foreclosure in 85271 : Questions & Answers

change location

cancel or

Q&A

29
Bill Parker,…, Real Estate Pro in Scottsdale, AZ
Bill Parker, CPA* answered:
Me ex husband wants to file bankruptcy. He says he can do this without it affecting me. Is this true?
Hi Diana:

The pat answer you are going to get is that you need to consult a bankruptcy attorney and for that I would recommend Brian Utsey at 480-538-5024 or BPU@BrianUtsey.com.

A ... more
0 votes Share Flag Fri Jan 4, 2013 Foreclosure in 85257
Andy Griffin, Real Estate Pro in Scottsdale, AZ
Andy Griffin answered:
We are purchasing a bank owned property. loan funded this past Friday, but the seller(also the same bank as is lending us $) hasn't signed the
When you say they haven't signed the HUD, do you mean they haven't approved it? NY is an attorney state so may be different there, but when a lender "funds" your tra ... more
0 votes Share Flag Tue Dec 4, 2012 Foreclosure in Scottsdale
Maria Cipoll…, Real Estate Pro in Coral Springs, FL
Maria Cipollone answered:
Unpaid HOA dues, Chapter 13, and Co-signer Protection
A cosigner guarantees the lender that if the primary borrower does not make payments, the cosigner will assume the loan obligations and make payments on it.
Did you fill out an applica ... more
0 votes Share Flag Sat May 31, 2014 Foreclosure in Scottsdale
DONALD KEYS, Real Estate Pro in Phoenix, AZ
DONALD KEYS answered:
Are there any foresclosed homes in DC Ranch?
Currently there is 1 ACTIVE home for sale in DC Ranch listed a Lender Owned / REO which is a bank owned foreclosure:

221 E DESERT ARROYOS ST Scottsdale, AZ 85255 $655,000

477357 ... more
0 votes Share Flag Sat Oct 27, 2012 Foreclosure in Scottsdale
Cristine L M…, Real Estate Pro in 85331
Cristine L Masson answered:
Hi, I just registered for one week trial membership. How can I review the full details of the properties advertised by Reatly Trac? Thanks.
I can set you up with a personal portal through the mls and you could search there without any 'trial' membership :) ......the question is one for realty trac themselves do th ... more
0 votes Share Flag Wed Jan 18, 2012 Foreclosure in Scottsdale
Howard L Rud…, Real Estate Pro in Scottsdale, AZ
Howard L Rudin answered:
How do I get more info on the public auctions? Interested in the E. Raintree, Scottsdale AZ one.
There are a number of public auctions to look into REDC has one every so often here in Phoenix, Fannie Mae and Freddie Mac also have some once in a while. These auctions are usually ad ... more
0 votes Share Flag Wed Nov 2, 2011 Foreclosure in Scottsdale
Cristine L M…, Real Estate Pro in 85331
Cristine L Masson answered:
Ex quit claimed property after child support contacted him, then sues over property division because I won't close case. Is QC legal?
all a quit claim is is the release of equity position in the property but does not absolve from note (financial) obligation from the lender
need to ask an attorney re: legalities
0 votes Share Flag Tue Nov 1, 2011 Foreclosure in 85257
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Filed Chapter 7 Bankruptsy 1st mortgage 37k 2nd home equity line of credit 98k...will second foreclose on first if we stop 2nd mort payments?
If you can't afford to make your mortgage payments, consider consulting with your attorney....
0 votes Share Flag Wed Feb 2, 2011 Foreclosure in Scottsdale
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
if you rent a retail space and there is a trustee saleon the property does your lease become void ? is is void if a reciever is in place?
111842f the lease runs with the land not with the owner. Upon purchase the new owner and you are still held to the terms of the lease. That is why when someone purchases investment prop ... more
0 votes Share Flag Wed Jan 26, 2011 Foreclosure in Scottsdale
Ray and Karen…, Real Estate Pro in 32757
Ray and Karen Levy answered:
My condo was foreclosed on, the 1st shows as such but the 2nd, which happens to be a HELOC, is showing as deficient. Am i responsible for the HELOC?
Sparki,

Sounds like your HELOC is in a second position.

If you find out you are responsible it is possible they will settle for a lesser amount and provide terms.

If the HELOC ... more
0 votes Share Flag Thu Jul 21, 2011 Foreclosure in Scottsdale
Kyle, Real Estate Pro in Scottsdale, AZ
Kyle answered:
I just had a short sale denied at $417k. The bank foreclosed and listed the home for $409k. Are the banks receiving insurance money on foreclosures?
Not necessarily. But the loan may have be covered by mortgage insurance.
0 votes Share Flag Sat Apr 7, 2012 Foreclosure in Scottsdale
Paul Slaybau…, Real Estate Pro in Scottsdale, AZ
Paul Slaybaugh answered:
My original question: Can a second mortgage foreclose on a property if the first mortgage is in the modification process?
I read through the answers to your initial question, and the responses were largely spot on. At this point, however, with the question shifting from a general one to one very specific t ... more
0 votes Share Flag Sun Nov 7, 2010 Foreclosure in Scottsdale
Laura Myers…, Real Estate Pro in Scottsdale, AZ
Laura Myers PLLC, CLHMS, GRI, answered:
Can a second mortgage foreclose and pay off first that is in the modification process?
Stranger things can happen. A second is not in first position and there wouldn't be proceeds to pay off the first. I'll be interested to here more experienced replies here. ... more
0 votes Share Flag Thu Mar 27, 2014 Foreclosure in Scottsdale
Stephanie We…, Real Estate Pro in Gilbert, AZ
Stephanie Weiss answered:
'if my recent ex husband files for bankrupcy and our house is in forclosure, how does this affect me?
Kg33

There would be many answers to this question and more than likely is a question for an attorney, not real estate professionals.
0 votes Share Flag Mon Nov 8, 2010 Foreclosure in 85257
Bob Hertzog, Real Estate Pro in Phoenix, AZ
Bob Hertzog answered:
Who owns this house?
Wow, scary situation...

Have you called your agent (the seller)? Have you called the title company that handled this transaction? I would start with calling both of them. Title in ... more
0 votes Share Flag Wed May 26, 2010 Foreclosure in Scottsdale
Patrick Thies…, Real Estate Pro in Elmhurst, IL
Patrick Thies SFR, CNC answered:
Finding out more info about a foreclosed property in order to figure out if I can offer a lower price?
This property is most likely heading towards foreclosure but is not in nor has been foreclosed on at this time. Pre foreclosure or short sale and all the price reductions would indicat ... more
0 votes Share Flag Wed Apr 28, 2010 Foreclosure in Scottsdale
Ted Canto -…, Real Estate Pro in Los Angeles County, CA
Ted Canto - The Mobile Mortgage Pro answered:
If my ex-husband files bankruptcy what happens to the loan and house? The mortgage loan is solely in his name, but house was Quit Claimed to me.
Your best bet is to speak to your BK attorney. However, this I know. You can opt to keep the house and out of BK. You will want to speak with the mortgage company beforehand and try ... more
0 votes Share Flag Mon May 5, 2014 Foreclosure in 85257
Ted Canto -…, Real Estate Pro in Los Angeles County, CA
Ted Canto - The Mobile Mortgage Pro answered:
How do I find local banks that are going to foreclose on properties?
Arliss, if you are trying to go direct, my personal opinion is that you will not have any luck. However, there are many agents that represent the banks out there and that have access t ... more
0 votes Share Flag Sun Dec 13, 2009 Foreclosure in Scottsdale
Temporarily…, Real Estate Pro in Tempe, AZ
Temporarily Off-line answered:
Can I finance a bid at a foreclosure auction in ARIZONA?
No, you must pay cash at the foreclosure sale. Also, there are new laws that prevent you from being evicted after foreclosure. You should be able to stay until your current lease exp ... more
0 votes Share Flag Sun Sep 22, 2013 Foreclosure in 85250
Bob McClure-…, Real Estate Pro in Walled Lake, MI
Bob McClure- Real Estate Investing answered:
Loan questions and bankruptcy.
good morning alissa....the mortgage debt should be reaffirmed with the bk trustee...i assume dad's bk filing is a chapter-7.right?..that means he will acknowledge the mortgage as a debt ... more
0 votes Share Flag Tue Aug 4, 2009 Foreclosure in Scottsdale
1 2
Search Advice

Followers

1124
Email me when…

Learn more

Meet the Trulia VIPs
Michael Roubal, Agent in Scottsdale, AZ
Michael Roubal
Agent
Scottsdale, AZ
Red Ribbon Realty Gr..., Agent in Phoenix, AZ
Red Ribbon Realty Gr...
Agent
Phoenix, AZ
James Wehner, Agent in South Scottsdale, Sc...
James Wehner
Agent
South Scottsdale, Sc...
John Gluch, Agent in 85251
John Gluch
Agent
85251
Home > Q&A > Arizona > Maricopa County > Scottsdale > 85271 > Foreclosure in 85271
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer