Foreclosure in 93306 : Questions & Answers

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Jan Detomaso, Real Estate Pro in Bakersfield, CA
Jan Detomaso answered:
can i get twenty thousands on a loan , for land its eight acers ,with well and septic and elec.?
Since it has all utilities was there a house on it at one time? How much are they selling the land for and how much are you putting down? Since the amount you mention is small, is t ... more
0 votes Share Flag Sun Feb 24, 2013 Foreclosure in Bakersfield
Valerie Ulrey, Real Estate Pro in Bakersfield, CA
Valerie Ulrey answered:
Home for sale at Brighton estates
Hello,
I don't see a question about this property but I'll just let you know that according to the MLS, this home is a short sale. It is currently under contract and they sellers and ... more
0 votes Share Flag Sun Feb 17, 2013 Foreclosure in Brighton
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Is it possible to rent a home after going through a foreclosure?
Of course. But the longer you wait and work on cleaning up your credit, the easier it'll be.
0 votes Share Flag Sat Aug 10, 2013 Foreclosure in Bakersfield
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
I got sued for a deficiency on a commercial property I personally guaranteed
Absolutely! You may at the very least be able to negotiate the amount and set up some sort of payment plan. You need to explore all options and the only way to do that is through an a ... more
0 votes Share Flag Sat Jun 9, 2012 Foreclosure in Bakersfield
Dee Oliver, Real Estate Pro in 93306
Dee Oliver answered:
Ask a question...does the property on coronado Ln have a home on it alresdy?
There is a house on Coronado Avenue but I find nothing on Coronado Lane. Call me if you have questions.
0 votes Share Flag Wed May 30, 2012 Foreclosure in Bakersfield
Valerie Ulrey, Real Estate Pro in Bakersfield, CA
Valerie Ulrey answered:
I claimed taxes on my husband and his ex wifes house, will i be able to qualify for a mortgage? Am I penalized the same as if I had a foreclosure?
Hi Becki,
I would also suggest that you contact a lender and ask those questions... however, if you were not named on the deed or the loan of their home, there should be no reason you ... more
0 votes Share Flag Fri Oct 26, 2012 Foreclosure in 93309
Walter 'Skip'…, Real Estate Pro in Brea, CA
Walter 'Skip' Kersten answered:
My husband owned a home with his ex-wife but we claimed that home on our taxes for two years. I want to qualify, will that keep from doing so?
Hi Becki,
You want to qualify for what?
Thanks,
0 votes Share Flag Fri Oct 26, 2012 Foreclosure in 93309
Mark R. Barr…, Real Estate Pro in Bakersfield, CA
Mark R. Barrett answered:
Hello. I have a question about VA home loans.
Give me the address and I can find out which bank owns the loan and get there contact info. markbarrettreverse@gmail.com
0 votes Share Flag Mon Mar 26, 2012 Foreclosure in Bakersfield
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
How long after a foreclosure do I have to wait to qualify for a mortgage loan?
There is currently a wait of 7 years after a foreclosure.
0 votes Share Flag Wed May 21, 2014 Foreclosure in Bakersfield
Cheryl Pauley, Real Estate Pro in Bakersfield, CA
Cheryl Pauley answered:
My foreclosue went up for bid 3 weeks ago. Must there be a new buyer before I'm evicted?
Please call your bankruptcy lawyer and ask these questions.
But to my knowlage the answer would be no, there would not have to be a new buyer since bank is taking it back.
Please call ... more
0 votes Share Flag Thu Jul 28, 2011 Foreclosure in Bakersfield
Tesa Noonan, Real Estate Pro in Kern County, CA
Tesa Noonan answered:
I would like to bid on HUD condo that has a listed appraisal of 63,500, what does this mean exactly? Would the expectation be that I would bid more?
Hi Barbara,

HUD runs their bids like an auction. There is no countering offers, no inspection period, if you're bid is accepted...you're in. MOST HUD homes close escrow (se ... more
0 votes Share Flag Sat Apr 16, 2011 Foreclosure in Bakersfield
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
if i am not on the loan to a house but i am on the deed how long do i have to move if it is auctioned or is it tresspassing
If by auctioned you mean foreclosed, then when the auction is over and the new deed recorded there will be a new owner and you will be at their mercy to stay or leave since they now own ... more
0 votes Share Flag Sun Apr 3, 2011 Foreclosure in Bakersfield
Ray and Karen…, Real Estate Pro in 32757
Ray and Karen Levy answered:
Original auction date 10/14. BofA postponed indefinitely. Today, 1/18, by a piece of junk mail, we find out new auction date 1/21. No notification?
Are you saying your foreclosure was finalized and set for a sale date by the judge?

Try contacting the clerk of the court in your local county to see if the auction has been set.

... more
0 votes Share Flag Thu Jan 20, 2011 Foreclosure in 93312
Tesa Noonan, Real Estate Pro in Kern County, CA
Tesa Noonan answered:
I'm a war time vet with a deed in lieu of foreclosure and Chapter 7 discharged bankruptcy 2 years ago. Qualify for a cal-vet loan?
How long ago was the foreclosure and bankruptcy Jim? You need to speak with a loan loan officer to be sure. Try my guy - Robert Kurugian - 661-823-8383. (Academy Mortgage)
No obligati ... more
0 votes Share Flag Sat Aug 10, 2013 Foreclosure in Bakersfield
Bruce Ailion…, Real Estate Pro in Marietta, GA
Bruce Ailion,CRS,CRB,MSRE,ESQ answered:
Wells Fargo REO contacts
Try going to Linkedin a business networking site. Identify people at Wells Fargo, search for the term REO or foreclosure, you will find some references, call one or more and see if the ... more
0 votes Share Flag Thu Nov 11, 2010 Foreclosure in Bakersfield
Chris Lefebv…, Real Estate Pro in Methuen, MA
Chris Lefebvre answered:
How can I find out if my Apartment complex is in forclosure??
Have you tried checking with the Kern County Clerk Recorder's office? They might be able to help you.

Kern County Recorder
1655 Chester Avenue
Bakersfield, CA 93301
661-868- ... more
0 votes Share Flag Sun Apr 3, 2011 Foreclosure in Bakersfield
Michael Rich…, Real Estate Pro in Bakersfield, CA
Michael Richert answered:
can anyone buy an auction home, do you have to have to pay it cash?
There are other options besides cash but you don't want to make any decision without a Realtor to be at your side. You can buy a foreclosure home with bank financing with the help ... more
0 votes Share Flag Mon Sep 27, 2010 Foreclosure in 93314
Garland Perry, Real Estate Pro in Bakersfield, CA
Garland Perry answered:
is BA really helping anyone with home mod in bakersfield?
Yes, However those that finally received a loan Mod. jumped thru many hoops.
I am no longer helping people to obtain loan mods, if you are not able to continue to jump thru the hoops c ... more
0 votes Share Flag Wed Sep 22, 2010 Foreclosure in Bakersfield
Nancy Harper, Real Estate Pro in Bakersfield, CA
Nancy Harper answered:
Is this house on a septic tank?
Although I cannot see to which home you are referring, it is easy to find out whether a home is on septic or not. I usually call the city or county permits department and first off, the ... more
0 votes Share Flag Sun Sep 19, 2010 Foreclosure in Bakersfield
Diane Wheatl…, Real Estate Pro in Rancho Cucamonga, CA
Diane Wheatley, Broker answered:
We purchased a REO and are in the middle of escrow. Our lender, after appraisal, requested mold be removed, broken mirror and replace broken window
I'm experiencing the same issue on another REO that I represent the buyer on. The contract states that the seller can cancel escrow at any time if the buyer requests any repairs b ... more
0 votes Share Flag Sun Apr 3, 2011 Foreclosure in Bakersfield
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