Foreclosure in 90045 : Questions & Answers

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Gene Yakubov…, Real Estate Pro in San Mateo County, CA
Gene Yakubovich answered:
Short Sales & NODs
Yes you can. Make sure that you find an approved by DRE agent

gene

www.gemconsultants.net
0 votes Share Flag Tue Jul 13, 2010 Foreclosure in Los Angeles
Alexandra Pa…, Real Estate Pro in Los Angeles, CA
Alexandra Parra answered:
If short sales take that long to be approved by lenders, whats to prevent the lender from shopping your bid?
Correct, there is no security of anything through out the approval process.
0 votes Share Flag Wed Aug 19, 2009 Foreclosure in Los Angeles
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
banks accepting offers on short sales
If you submit an offer on a short sale & Mr. Smith on title accepts it & the listing agent turns in ONLY YOUR offer to the bank & the bank Accepts the Short Sale with your price & terms ... more
0 votes Share Flag Mon Aug 3, 2009 Foreclosure in Los Angeles
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
do you know if the following property has foreclosed and if it has what is the asking price:?
It only just passed, the scheduled auction date of July 13th, it's tough to say at this moment if the bank took it back or not, the judgment was for $733K, there was also a $65K+/- 2nd ... more
0 votes Share Flag Wed Jul 29, 2009 Foreclosure in Los Angeles
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
i have a second deed of trust and a promissory note for an apartment building that I have sold. The buyer
If your apartment building is in Las Vegas, chances are the value has gone down significantly (even if you sold it & did this owner carry just 1year ago). Your profile says you're a br ... more
0 votes Share Flag Wed Jul 22, 2009 Foreclosure in Los Angeles
Dyanna, Real Estate Pro in California
Dyanna answered:
i have a second deed of trust and a promissory note for an apartment building that I have sold. The buyer
You need to find a foreclosure attorney and foreclose on the property before the first does.

Dyana
0 votes Share Flag Mon Jan 24, 2011 Foreclosure in Los Angeles
Grant Linsco…, Real Estate Pro in Los Angeles, CA
Grant Linscott answered:
How can I obtain more information about a foreclosure listing in Cheviot Hills without first registering with?
Hi Trisha,

Some of the listings on RealtyTrac are not actually foreclosure listings but perhaps a $100,000-500,000 loan in default and a property headed into foreclosure that will be ... more
0 votes Share Flag Sun Jun 3, 2012 Foreclosure in Cheviot Hills
Alexandra Pa…, Real Estate Pro in Los Angeles, CA
Alexandra Parra answered:
Seek Oceanfront/Unobstructable View Home in CA - Insanely Reduced/Cheap. Can I finally afford my dream view?
Ladinla,

That price range is a bit to low for the ocean front view you desire.
0 votes Share Flag Tue Jan 15, 2013 Foreclosure in Hollywood Hills
Sarah, Both Buyer and Seller in Modesto, CA
Sarah answered:
How can i buy and bail? Can anyone guide me?
Your options?? Your kidding right? It's illegal and you could end up in jail. Your in the wrong place to ask for "advice" like this.
0 votes Share Flag Mon May 21, 2012 Foreclosure in Los Angeles
Andy Sapra, Real Estate Pro in Manassas, VA
Andy Sapra answered:
I read that only 40% of short sales close. So what happens to the other 60%?
foreclosed by lien holder banks
0 votes Share Flag Sun Mar 23, 2014 Foreclosure in Silver Lake
Voices Member,  in
Voices Member answered:
Foreclosures needed.
Unfortunatley, we are all at the mercies of the Banks at this time.
0 votes Share Flag Wed Jul 14, 2010 Foreclosure in Los Angeles
David Eyrise, Real Estate Pro in Brookfield, WI
David Eyrise answered:
what should a buyer consider when buying a foreclosure property?
The first thing you should consider is how much money you want to bring into a foreclosure to bring it up to what you want. Since banks will not fix anything from a home inspection you ... more
0 votes Share Flag Thu Jun 25, 2009 Foreclosure in Hollywood Hills
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
where can i find a good agent who has access to preforeclosures and forclosures in addition to good?
Diamondo:

In these zip codes there are approximately 14 bank owned (7 north of Wilshire and only 1 listed); 85 in Notice of Trustee Sale (21 of these are south of Wilshire and appro ... more
0 votes Share Flag Tue Jun 16, 2009 Foreclosure in Brentwood
Mario Villag…, Real Estate Pro in Burbank, CA
Mario Villagran answered:
My investment property in Arizona is under foreclosure, Can they go after my primary residence in California?
Snow White,
This looks like it could be a big mess for you and so I would definitely speak to an AZ real estate attorney. I believe AZ can opt into a judicial foreclosure and even if ... more
0 votes Share Flag Thu Jun 11, 2009 Foreclosure in Los Angeles
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
Why do real estate agents not want to get involved in short sales?
One of the reasons is that only about 40% of short sales close after they get an offer. If you have the temperment to wait 2-4 months to find out if you can purchase the home then a sho ... more
0 votes Share Flag Tue Aug 6, 2013 Foreclosure in Silver Lake
Monique &…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
when at auction how much do I need to bring to put down on house and what is the process for paying in full?
Hello Critzman,

If this is a forelcosure sale you will want to bring enough to bid and pay for the house. No financing is availble. If other liens exist you could end up getting the ... more
0 votes Share Flag Fri Jun 5, 2009 Foreclosure in Los Angeles
Monique &…, Real Estate Pro in Los Angeles, CA
Monique & Joe Carrabba answered:
owner of house in foreclosure that's going to auction has personal federal lien.what happens if I buy house?
Hello Critzmann,

If you purchase the house with a loan and escrow and title then you will not buy the house without clear title (no liens from the previous owner). If you purchase th ... more
0 votes Share Flag Fri Jun 5, 2009 Foreclosure in Los Angeles
Dana Schuster, Real Estate Pro in 70458
Dana Schuster answered:
why doesn't some of the listing show the exact address?
If you are looking on Realty Trac you should know that they are not a listing site,they just publish notices of foreclosure from the public records & often do not have the exact address ... more
0 votes Share Flag Thu Nov 5, 2009 Foreclosure in Hancock Park
Sky Minor, Real Estate Pro in Los Angeles, CA
Sky Minor answered:
What happens if a building you rent an apartment in goes bankrupt?
GREAT question. You are in a particularly great place to have this happen to you (Los Angeles)

Basically, if you live in the city of Los Angeles and there are two or more units on th ... more
0 votes Share Flag Wed Sep 9, 2009 Foreclosure in 90039
Tammy Davis, Real Estate Pro in 95023
Tammy Davis answered:
If you are a tenant in a property that is rumored lost by the landlord, how can you confirm this is true?
Dear Jenny,

You can verify whether the property has had the Trustee's Sale by contacting the customer service dept. of a local title company or you can contact the County Recorder's ... more
0 votes Share Flag Mon May 18, 2009 Foreclosure in 90047
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