Deborah Bremner answered:
What can we do if we are renting a house that is in default and the plumbing just went out the landlord refuses to fix it?
Dear Johnnygirl;
I am so sorry for your predicament. This is the danger of renting/ leasing a property without doing a title search on the property beforehand. Renters, beware! The rea
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Mack McCoy answered:
If I can buy fully negotiated short sales directly from the agent/broker that represents the lender at 80% of BPO, is this a good flip opportunity?
- Mack, your not right and you are insulting all agents by your post.
Actually, I am right, and you are missing the point.
What is a BPO? A Broker's Price Opinion. Not a guar
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Matthew Goulden answered:
The short sale home I tracked for 6 months fell through escrow. The seller decided to let the home go into foreclosure. Now i'm going to the
Hi Kurling,
If it does not sell at auction (as stated below usually at or near the loan amount owed as a minimum), the bank will take it back and get around to assigning it to and ag
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Keith Manson- Metro Milwaukee Wisconsin answered:
how long does a short sale goes? I heard it takes too long and the process to buy on short sale is too rigorous, is that correct?
It depends on a lot of things, which the first and most important is whcih mortgage company is the lender. Certain lenders are very proactive and others drag their feet.
When you st
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Shel-lee Davis - DRE #01817412 answered:
How can I be sure that a trustee auction sale on my home has been cancelled?
Here are some things you can do for reassurance.
1. Get written confirmation from Chase that the trustee auction has been either cancelled or postponed. Sometimes they will do this, b
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Mark Smith answered:
Is there a way to determine if Bank of America is the lending institution on a short sale when you have the mls?
Just ask your agent to ask the listing agent. No big secret.
Bree Long answered:
I am in escrow on a foreclosure in L.A. The property had a city lien on it. I am40 days into escrow and I have still not been able to inspect
As an REO agent, I can tell you that the trouble with purchasing a foreclosure property is that the bank is anything but sympathetic to the buyer in these transactions. If you have plac
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Pebble Singha .. answered:
I would like to get a phone number to inquire about a house in Reseda, Thank you.
Hello Socrates,
I am the #1 Reseda specialist. I farm Reseda and am a Reseda Specialist. I know most homeowners in Reseda.Call me at 818-919-5656. I will be more than happy to help yu.
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Julia Kuleck answered:
I am looking for a realtor actively working in Los Angeles near USC campus. Please contact me via: realty_tan@comcast.net or 408.323.3117.Thank you.
Will contact you by email.
Julia Kuleck, MFA
Windem Real Estate
DRE LIC: 01445365
Direct: 323-653-7007
Cell: 323-308-0886
Email: JuliaTheRealtor@gmail.com
Benny Chavez answered:
I have literally been waiting for a short sale house for over 13 months now. Is that too long?
Not necesarily I have had a short sale take one year and two months to get approved! Of course this was in the time when short sales were new to the current financial giants. The job of
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Emelia Sanchez answered:
What's wrong or illegal about this offer?
Homeowners are warned about transferring the title of the home because it does not change their payment obligation-they will still have their mortgage debt. You claim you will lease it
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David Chiles answered:
I am trying to buy Bank of America Short Sale property. I made an offer and got the counter offer from the negotiator. I accepted all terms to the
Thank you for question about Bank America Short Sales. Since I am not familiar with this deal specifically I recommend checking out Bank America's guidelines for short sales. Thi
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Keith Manson- Metro Milwaukee Wisconsin answered:
We made an offer on a short sale through bank of America. It was "supposedly" approved/accepted on April 7th---We demanded something in
something does not sound right. There is no accepted offer until the bank issues the approval letter. The letter will indicated net proceeds, if the seller has any liability and when t
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Dorene Slavitz (213) 814-5238 answered:
I am extremely interested in purchasing this house. Could you give me more information like which bank owns this house?mblerma@yahoo.com
Bindie,
We don't know which house you mean
Wanda Bond answered:
My agent told us that effective 4/6/10, Obama has a new law for short sales. It states that banks have 10 days to respond to buyers. Is this true?
Under the newly-implemented Home Affordable Foreclosure Alternatives Program (HAFA), the borrower/Realtor --owner of the property to be sold -- must convey a request for Approval of Sho
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DAVID COOPER answered:
Tenant Occupied Foreclosure
If you want the house to be in habitable condition, I would suggest offering them money to leave, and only pay them after you inspect the property. I wouldn't go "legal"
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Jeffrey White answered:
Why would a home be listed for sale for $5000-20000 ??? regardless of location. Existing liens or just typos???
Yup, Richard is correct. These amounts for a los angeles property are either a default amount (from a NOD filed) or a lease property. The easy way to tell is if the place is a gorgeou
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Bob Movin-On answered:
What are the owner's options if their pre-foreclosure home doesn't short sell?
Well what you should be asking is how can I avoid foreclosure because short sale is a form of foreclosure and foreclosure is a life changing event.
Banks tell you to try short sale t
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Daryl & Briget Urban answered:
I had a contract on a house that was in a "short sale" process, the bank foreclosed on the property, how can I make the bank an offer to on
Option 1. You can wait until after the redemption period (6months in MI.) it will be listed with an REO listing agent.
Option2. You can find out when the sheriff sale will take place,
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Deborah Bremner answered:
I saw you just owned a property which is located in 2558 lombardy blvd, in los angeles. I want to buy this property, Can I submit the offer to you?
I have a contact at Indy Mac who may be able to assist you in purchasing the property before it goes to the general public. Please contact me directly.
Deborah Bremner
REALTOR, 00588
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