Foreclosure in Collin County : Questions & Answers

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Linda Lorenzo…, Real Estate Pro in 75002
Linda Lorenzo - (214) 578-3131 answered:
What to do we are staying in a homeless shelter here in McKinney?
If you have a reasonable explanation for the broken lease you should write it up in a letter to the prospective landlord. Frankly that is not good as the new landlord is going to think ... more
0 votes Share Flag Sun Oct 14, 2012 Foreclosure in McKinney
Dixon Wong, Real Estate Pro in 75206
Dixon Wong answered:
How can I contact the agent?
Hi there,

I would be more than happy to send you a foreclosure list and auto updates in Plano area.

Please email me at dixondfw@gmail.com

Thanks

Dixon
Realtor
Www.fondyour ... more
0 votes Share Flag Tue Jun 4, 2013 Foreclosure in 75093
Terry Bell, Real Estate Pro in Santa Rosa, CA
Terry Bell answered:
Can anyone provide any insight about a property I am purchasing which has a federal tax lien attached?
First of all, ask your agent where is the preliminary Title Report so you know exactly what the amount of the lien is ? If the seller and the seller's agent and the Title Co. have no re ... more
0 votes Share Flag Tue Jul 3, 2012 Foreclosure in 75070
Dixon Wong, Real Estate Pro in 75206
Dixon Wong answered:
Cash buyer $ 120,000.00
Hi Peter,

You can email me at dixondfw@gmail.com.

Thanks

Dixon
Realtor
JP and Associate
www.findyourtexashome.com
0 votes Share Flag Sun Jun 2, 2013 Foreclosure in Plano
Hunt Holdrid…, Real Estate Pro in Dallas, TX
Hunt Holdridge answered:
How long does OneMain Financial (formerly Citifinancial) usually take on REOs?
Depends on BPO.

The value of the BPO will be a strong determination if they try to change the offer amount. Any appraisals could take 4-6 weeks to get back and formulate the proof an ... more
0 votes Share Flag Wed Feb 20, 2013 Foreclosure in Plano
Patrick Jack…, Real Estate Pro in McKinney, TX
Patrick Jackson answered:
Jewelsbink@hotmail.com
You will never be able to locate anyone at Flagstar. Forclosure departments are black holes. If the home is listed in MLS & not under contract, then it is available to purchase. ... more
0 votes Share Flag Sat Jun 16, 2012 Foreclosure in Princeton
Darrell Self, Real Estate Pro in Allen, TX
Darrell Self answered:
lots for sale and or in foreclossure
At this time the only lots available in Allen to build on are for commercial purposes not residential.In ln Lucas and Parker there are 42 residential lots available for sale. I hope tha ... more
0 votes Share Flag Sat May 26, 2012 Foreclosure in Allen
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
2nd lien home equity loan (TX a-6)
No professional can speak on the behalf of another company. Best confer all your questions to the second lien holder

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
972- ... more
0 votes Share Flag Fri Mar 8, 2013 Foreclosure in 75093
tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
we have a closing date for 04/13/2012.the hud-1 has gone bk to our lender for approval,how long does it take to approve it,
It should not take long at all. If they find no problems it should be fast. Good luck.
0 votes Share Flag Wed Feb 20, 2013 Foreclosure in 75093
tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
can I buy a house before it goes on Notice of trustee's sale?
Probably no. Why? Because the current owner is the only one that can sell it because it is their house, but they owe a lot on it and are not making payments. The bank, that is owed mone ... more
0 votes Share Flag Tue Apr 3, 2012 Foreclosure in 75252
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I had a home foreclose on me, about 3 years ago. I tried doing short sales but the bank would not allow any to go through. I am in a serious
You need to confer with an attorney consider legal advice Realtor can't render an opinion

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Da ... more
0 votes Share Flag Tue Oct 18, 2011 Foreclosure in Plano
Gerard J. Ca…, Real Estate Pro in Spring Hill, FL
Gerard J. Carney answered:
I'm bidding on a foreclosed home asking price $119k my offer was $120k I was asked to make best and final offer how high should I go?
I would say try a shot at $125K and hang firm et them counter if they want more
0 votes Share Flag Thu Jul 14, 2011 Foreclosure in Allen
Brian Flock,…, Real Estate Pro in Carlsbad, CA
Brian Flock, MBA answered:
Short Sale Contract Letter
Wow. This is kind of unique that you would get to see the bank's valuation from the seller.

Yes, if their BPO is anything close to the appraised value, you will have an issue ge ... more
0 votes Share Flag Sun May 29, 2011 Foreclosure in 75070
Scott Butcher, Real Estate Pro in Austin, TX
Scott Butcher answered:
If my house is going up for auction on Arpil 5th 2011 in Mckinney, Texas how long do I have before I need to get out?
First off, I'm sorry to hear about your situation. You'll eventually get back on your feet and I hope that you do soon.

I'm sure others might have other opinions, but ... more
0 votes Share Flag Sun Mar 27, 2011 Foreclosure in McKinney
Elisabeth (L…, Real Estate Pro in Sparta, NJ
Elisabeth (Lis) Weinpel answered:
How long does it take to take DB (as seller) HUD approval?
I would definitely be working with an attorney that specializes in short sale/foreclosures. Did Bank of America (I have found them to be one of the least organized along with Wells Farg ... more
0 votes Share Flag Thu Jan 27, 2011 Foreclosure in 75093
J's Roofing, Real Estate Pro in Collin County, TX
J's Roofing answered:
I am a cash buying RE Investor looking for Dallas-local, experienced REO agents who would be interested in teaming up on projects together.
Not an agent, but if we can be of help to you do let us know. We are fully insured and very honest - straight foward.

Small roofing repairs to full roof replacment ... skylights, gu ... more
0 votes Share Flag Wed Jan 26, 2011 Foreclosure in 75093
Bob Movin-On, Real Estate Pro in Hartford, CT
Bob Movin-On answered:
in texas if you buy a tax lien home from the county for the back taxes owed do you own the home at that point?
No you own the taxes, which you can collect interest on while you own them.
If you want to take ownership of the property you need to foreclosure, long costly process especailly these ... more
0 votes Share Flag Sat Oct 30, 2010 Foreclosure in 75002
Nanci Zimmer…, Real Estate Pro in Cedar Park, TX
Nanci Zimmerman answered:
In the state of Texas can i get sued from either the first or second lien holder for deficiency judgement against the house going into foreclosure?
You should consult a real estate attorney. Contact your local lawyer referral service (agency) to request a free consultation with an attorney.

Best of luck,

Nanci
0 votes Share Flag Wed Sep 29, 2010 Foreclosure in 75070
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
If I am renting a house that is forclosed on, what is my time line for moving out. I am in the process of now. House is going on public auction 9/7
Unless all the documents been reviewed difficult to render an opinion. Is there a contact number for you to call? In most instances the bank gives cash for keys within a certain time ... more
0 votes Share Flag Thu Sep 2, 2010 Foreclosure in Allen
Patrick Jack…, Real Estate Pro in McKinney, TX
Patrick Jackson answered:
I live in NV I stopped paying my mortgage this month, Should I still pay hoa fees, and property taxes as they are not included in my mortage?
Hi Carol,

Your HOA and the appraisal district are separate inteties from your mortgage company and they can both file liens on your property and affect your credit rating. However, ... more
0 votes Share Flag Tue Sep 28, 2010 Foreclosure in McKinney
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