Foreclosure in Long Beach : Questions & Answers

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Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
I want to buy a foreclosure single family home in 90815/90807 zip-what is the first step to do?
Step 1 is to contact a Direct Lender, make sure when you talk to any lender you ask them this question first "are you a direct lender, can you fund loans ' in house' "? I use a direct ... more
0 votes Share Flag Tue Mar 1, 2011 Foreclosure in 90815
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Homeowners and The Obama Admistration, Loan Modification, etc.. Where are we in this process?
What we do know is if your loan is not a Fannie or Freddie you are out in the cold with no support, no consideration, and NO HOPE.

We would like to know if anyone has had experiences ... more
0 votes Share Flag Tue Jul 21, 2009 Foreclosure in Long Beach
Dyanna, Real Estate Pro in California
Dyanna answered:
The house I am renting, not leasing, is scheduled for a Trustee Sale on 8-6-09. My landlord told me he took
Well if you wait until the bank takes the property back, the chances are in your favor that they will offer you cash for keys, especially if you are renter. You don't need to inform any ... more
0 votes Share Flag Fri Jul 17, 2009 Foreclosure in Long Beach
Jeremy Lehman, Real Estate Pro in Garden Grove, CA
Jeremy Lehman answered:
I am renting a home. I was unaware that it was facing foreclousure until today. What is my best route of?
The bank does not have to pay your moving costs, but they may offer you something called "cash for keys". This gives you money for leaving the home quickly. I would stop paying rent to ... more
0 votes Share Flag Tue Jul 21, 2009 Foreclosure in Long Beach
Sam Guillen, Real Estate Pro in 92108
Sam Guillen answered:
I have been looking for an online or cd training course on buying foreclosers.
Frankly I am skeptical about most publication as few have realistic application to SoCal real estate. Most boast unrealistic opportunities (as it applies to SoCal). Your best bet is to ... more
0 votes Share Flag Mon Jul 20, 2009 Foreclosure in Long Beach
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
I'm in forclosure , when i get a date how much time do i have left in the home
Olivia:

I am angry at lenders who will not work with home owners that are making an real effort to pay their mortgage (at a reasonable monthly payment). That is why I specialize in ... more
0 votes Share Flag Sun Mar 15, 2009 Foreclosure in Long Beach
Charita King…, Real Estate Pro in Downey, CA
Charita King - Short Sale Specialist answered:
i am walking out of a condo because i am letting is go into forclouse but it got damage bad last minute of
Tinandi,
I work in the area. Is there any way I can take a look at your situation to see if there is anything we can do besides letting it go into a foreclosure?

Please email me yo ... more
0 votes Share Flag Wed Feb 25, 2009 Foreclosure in Long Beach, CA
Bob, Other/Just Looking in Chico, CA
Bob answered:
i am walking out of a condo because i am letting is go into forclouse but it got damage bad last minute of
good for you! Everyone should walk away rather than face a lifetime of debt on a worthless asset.
0 votes Share Flag Mon Sep 8, 2008 Foreclosure in Long Beach, CA
Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
i am walking out of a condo because i am letting is go into forclouse but it got damage bad last minute of
Tinandi:

I specialize in this area, both Long Beach and Foreclosure on properties. I can tell you there is no guarantee that walking away from your property and letting it go into f ... more
0 votes Share Flag Sat Aug 30, 2008 Foreclosure in Long Beach, CA
Joan Patters…, Real Estate Pro in Rancho Cucamonga, CA
Joan Patterson-951-204-1864 answered:
If an agent is the buyer do they get the commission on an reo
Hi Tammi,

It all depends on the bank. I have written offers for myself and the bank refuses to pay me a commission. It is crazy because if it were another offer with another agent ... more
0 votes Share Flag Thu Oct 15, 2009 Foreclosure in 90815
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Question for my fellow realtors, I saw a guy on CNN who said that people who get foreclosed on there home will
The Act is specific about the type of mortgages covered, time frames of purchase, and qualifications.
Some individuals may be subject to capital gains when they sell their homes via a ... more
0 votes Share Flag Sun Feb 1, 2009 Foreclosure in Lakewood Village, Long Beach, CA
Beth Moran, Real Estate Pro in Sacramento, CA
Beth Moran answered:
Are REO properties listed in Trulia already bank owned? Or are they in the process of being foreclosed?
REO means that it has gone back to the beneificary (lender) whoever that might be. It has completed the process of foreclosure and no one stepped up to purchase it at the trust deed sal ... more
0 votes Share Flag Wed Feb 25, 2009 Foreclosure in Long Beach, CA
Julia Huntsm…, Real Estate Pro in Long Beach, CA
Julia Huntsman answered:
I am looking at investing in property in Long Beach Ca (zip code 90802). Sell prices have been falling over
Hi Leo, I'm very well acquainted with this area as I have sold property in it over the last 10+ years. Are an investor or looking for a personal residence? To be honest, I'm not sure if ... more
0 votes Share Flag Sat Jun 21, 2008 Foreclosure in 90802
Laurie Manny, Real Estate Pro in Long Beach, CA
Laurie Manny answered:
What is the availability of luxury condos in Long Beach, CA?
In Long Beach we have a variety of luxury condominiums. There are lovely, full service high rise downtown condos, many with ocean views, some on the sand. In Spinnaker there are love ... more
0 votes Share Flag Thu Apr 17, 2008 Foreclosure in Long Beach, CA
James Bridges, Real Estate Pro in Long Beach, CA
James Bridges answered:
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?
FSBOs It is important to know that FSBO's are generally not cheaper than anything listed in the traditional MLS. FSBO's are trying to save themselves money on one side of the commissi ... more
0 votes Share Flag Thu Feb 5, 2009 Foreclosure in Long Beach, CA
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