I think it may be time to discuss a short sale. The idea is to get the bank to agree to take an amount less than what they are owed. Talk to a local broker that is familair with short sales who can assist you through the process. This is you best way out.... more
The reality of the situation is that the bank can do whatever they want to do with their property. The only thing that will stop a foreclosure is a COMPLETED short sale packet. Sadly enough if the packet was missing even one small thing (such as a bank statement from the seller) and the foreclosure date arrives, do not pass go, do not collect $200. Have your agent contact the listing agent and see if they have the listing any more. If they do not, that means it's been foreclosed upon. Most likely it was sold to another bank or investor and will be listed for sale again, most likely for a very good price as well as these investors do not like to sit on inventory. You can either move on, or if there is not a lot of inventory in the area you are looking, hold off or try to track down the new seller (not sure how easy this will be but you may ask your agent or attorney if they can help.) to see if they will be putting it back on the market and when.
Check the Troy Record and the Albany Times Union online. We also have a local free newspaper that covers the area but unfortunately they arent online. It comes out on friday - let me know if you want me to check it for EG rentals.... more
This varies based on the size of your home, your use of heat source and your heat source. I will tell you I have a small 2 bedroom house and to fill my propane tank (for heat, cooking and hot water) it cost me $600 to fill - and that should last me though spring and into summer. My electric bill is about $150 a month - and I have several computers, tvs, etc. I do keep my heat at around 66 degrees but I could probably do better (take shorter showers and turn lights off etc.) If I can answer any other question please let me know!... more