Foreclosure in Knoxville : Questions & Answers

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Bob Evridge, Real Estate Pro in Knoxville, TN
Bob Evridge answered:
Looking for rural farmhouse with small acreage. Any ideas out there?
It would help to know price range, location, and what you would consider "small acreage."
0 votes Share Flag Sat May 12, 2012 Foreclosure in Knoxville
Marty Hartse…, Real Estate Pro in Knoxville, TN
Marty Hartsell answered:
I am buying a REO in Mass. Wells Fargo hasn't posted the foreclosure papers. We've been waiting for three months---anything I can do?
It isn't a REO if it hasn't been foreclosed on. Have a local Realtor pull up the court records to see who the owner of date is. If may have had a 2nd loan on it and that ban ... more
0 votes Share Flag Sun Mar 20, 2011 Foreclosure in Knoxville
Karen Wisne, Real Estate Pro in Westerville, OH
Karen Wisne answered:
Where can I find out how much foreclosed properties are selling for?
Well, of course your Realtor can tell you. Most foreclosed homes are listed with a Realtor (through the bank), so your Buyers Agent will have access to them on the MLS. But another go ... more
0 votes Share Flag Thu Sep 16, 2010 Foreclosure in 37922
Julia Odom, Real Estate Pro in Chattanooga, TN
Julia Odom answered:
If no one buys a house at the courthouse auction and the bank redeems it, how long does it take to get into a realtor's hands and who can we
It varies (a lot). Could be as little as a month or as much as a year+. There's no easy way to know which agent will eventually get it. Your best bet is to have your own agent set ... more
0 votes Share Flag Sun Aug 29, 2010 Foreclosure in Knoxville
Laura Foster, Real Estate Pro in Knoxville, TN
Laura Foster answered:
The FHA appraisal checked out fine, our mortgage is approved for new house pending the sale of our current house and we are under contract and set to
Forgot to add the last question.....will the bank extend the closing date another few weeks? Thank you.
0 votes Share Flag Mon Apr 5, 2010 Foreclosure in Knoxville
Chris Rogers, Real Estate Pro in Knoxville, TN
Chris Rogers answered:
i want to buy a bank owned property. the house was foreclosed 11/09. i have been in negotiations with the bank. i was just informed that the property
That is a new thing the banks are offering. They will lease the home back to the original owner, ask my why, I don't know. Why do the banks do the things they do. The waste more mo ... more
0 votes Share Flag Fri Mar 19, 2010 Foreclosure in Knoxville
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
We are currently under contract on a wells fargo reo home. We are closing around April 29. Is it possible to extend the closing a few more weeks?
This question can best be answered by your loan officer, why not contact him/her.
0 votes Share Flag Fri Mar 19, 2010 Foreclosure in Knoxville
Fred Griffin, Real Estate Pro in Tallahassee, FL
Fred Griffin answered:
HELP. We were in foreclosure ready for public auction since my husband had been diagnosed w/cancer and we
Only an Attorney is qualified to answer your question.

I am sorry to hear of your situation, and wish you well.

--------------------
Best wishes,
Fred
0 votes Share Flag Fri Jul 3, 2009 Foreclosure in Knoxville
Larry Story, Real Estate Pro in 27408
Larry Story answered:
how do short sales work?
Joyce it just takes alot of patience and some time. I have a number of short sale listings. I had one closing today and another coming up. Both listings had multiple offers. The pro ... more
0 votes Share Flag Fri Jun 19, 2009 Foreclosure in 37922
Bob Evridge, Real Estate Pro in Knoxville, TN
Bob Evridge answered:
How do the foreclosure homes work? I found one but it says that I have to register before finding out more
1st Time Buyer,

Since I tend to over explain a discussion of foreclosures would exceed the 5000 characters allotted for answers here. I'd be happy to talk with you if you could give ... more
0 votes Share Flag Tue Apr 28, 2009 Foreclosure in Knoxville
Bob Evridge, Real Estate Pro in Knoxville, TN
Bob Evridge answered:
Condo in Inskip/Highland area..near Fountain City...easy to rent? For what price?
The real answer to this is, "It Depends."

You live in the same development so you know what the neighborhood is like. If you were looking for a place to rent would you rent there?
... more
0 votes Share Flag Mon Apr 6, 2009 Foreclosure in 37912
Brenda Jolly, Real Estate Pro in Knoxville, TN
Brenda Jolly answered:
Information on property at 6516 Pine Grove Road, Knoxville, Tn. 37913
Hi Dick, I checked on this and nothing shows for sale currently at this address on our MLS website. How long has the sign been up? I can provide you with tax information and lot size, l ... more
0 votes Share Flag Wed Oct 1, 2008 Foreclosure in Knoxville, TN
Brenda Jolly, Real Estate Pro in Knoxville, TN
Brenda Jolly answered:
want to find a rent to own home in south knoxville for 500.oo or less or forclosed home 2to3 bed rooms w
Cheryl, Some rental properties may be seen at point2agent.com or viewhomes.com. If you are interested in buying, have you been pre-qualified for a loan or will it be a cash sale?
0 votes Share Flag Fri Jul 17, 2009 Foreclosure in 37917
Susannah Dunn, Real Estate Pro in 37934
Susannah Dunn answered:
I see a bank owned property on trulia, how do get more information? Also will the price it shows be accurate?
Do you have an address? Or MLS number? If so, I can see if I can more details for you...price should be accurate if displayed.....
0 votes Share Flag Tue Jun 17, 2008 Foreclosure in Knoxville, TN
Suzy Trotta, Real Estate Pro in 37919
Suzy Trotta answered:
I am looking for investment properties to rent out in the knoxville area. 100,000-150,000 looking for areas
There are several great neighbohoods that meet your criteria. Do you want a house or condo? Are you interested in any particular part of town? Let me know and I'd be happy to narrow it ... more
0 votes Share Flag Mon Jan 19, 2009 Foreclosure in Knoxville, TN
Toby Boyce, Real Estate Pro in Delaware, OH
Toby Boyce answered:
bank sold house for more than I owed do I get the difference
Vickie,
We need to know more to be able to help you out here. Is this a short-sale?

I'm assuming there is some type of distress in the situation, or you wouldn't be asking. Basicall ... more
0 votes Share Flag Thu Mar 18, 2010 Foreclosure in Knoxville
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