Home Buying in Alum Rock : Questions & Answers

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Sheryl Arndt, Real Estate Pro in California
Sheryl Arndt answered:
If I buy a home that has been fraudulently transferred years ago that I didn't know about and now a bankruptcy trustee is after it do I get my
You need to contact you title insurance company to see what they say. I don't think that the bankruptcy trustee is going to have any recourse against your home. Good luck.

http://www ... more
0 votes Share Flag Thu Sep 12, 2013 Home Buying in Alum Rock
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Can I bid on a bank-owned home at AUCTION.COM? Is it much safer than a trustee auction?
I may be wrong,
(I'm wrong a lot)
but I think that the homes you see on auction.com
are not the homes on trustee sales.

I've had people tell me to beware of real estate "auctions" ... more
0 votes Share Flag Sat Jul 12, 2014 Home Buying in Alum Rock
tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
If I buy home at a foreclosure auction, how can I be able to clear all liens go with the property? Do I need to pay all liens before closing?
There is no closing per say as you are thinking of one. The closing you are thinking about is to satisfy the lender and all their documents and conditions that protect you and them. A f ... more
0 votes Share Flag Mon Dec 1, 2014 Home Buying in Alum Rock
Gabriel Nguy…, Home Buyer in San Jose, CA
Gabriel Nguyen answered:
What does title insurance do to protect foreclosure buyers?
Hi Erika, did you mean foreclosure buyers at auction? If so, the answer is no. If you buy an bank owned property, then title company will sell you title insurance. Why? Because banks ar ... more
0 votes Share Flag Mon May 21, 2012 Home Buying in Alum Rock
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Is it the best idea to buy title insurancefor forclosure home at auction?
MOST DEFINATELY, the cost of title insurance is minimal cpomapred to the cost oif a deed problem or problem with the foreclosure is found later., It is actually recomended for all purch ... more
0 votes Share Flag Mon May 21, 2012 Home Buying in Alum Rock
Charles Butt…, Real Estate Pro in Saratoga, CA
Charles Butterfield answered:
Who is the previous owner of this house, how are the conditions and what work, if needed, needs to be done?
Thank you for your question Sierra466:

Please call me at my cell phone: (408)509-6218 for more information.

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
Americ ... more
0 votes Share Flag Mon Apr 30, 2012 Home Buying in Alum Rock
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
What is the closing cost ?
Closing cost are a percentage of your sale. It is based on the following

Property Transfer Tax for the County and City
Title
Escrow
Loan Fees.

Some of these fees are paid by s ... more
0 votes Share Flag Thu Nov 4, 2010 Home Buying in Alum Rock
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