Foreclosure in Los Angeles County : Questions & Answers

change location

cancel or

Q&A

628
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
What is the process of buying a house that is foreclosed or at an auction?
Two entirely different questions:
To buy at an AUCTION; the Trustee Sale, you will need to bring all CASH; are you prepared to do that?
The houses at the Trustee Sales usually go back ... more
0 votes Share Flag Tue Oct 23, 2012 Foreclosure in 90703
Realtor Jola…, Real Estate Pro in Los Angeles County, CA
Realtor Jolanta answered:
Hi, Do Trustee Sales held at the LA Superior Court (Pomona) require buyers to pay in 100% the day of the auction? Can I bring lender pre-approval?
Trustee Sales takes CASH. If you have that money handy, you can go to Trustee Action, but it is not that easy
Email if you have some questions at realtorjolanta@gmail.com
0 votes Share Flag Fri Sep 21, 2012 Foreclosure in Los Angeles County
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
If your house is in foreclosure with a sale date, at that point is it too late to do a short sale?
About a year to late.

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes Share Flag Wed Oct 24, 2012 Foreclosure in 90703
The Escobar…, Real Estate Pro in 90049
The Escobar Group answered:
Does anyone have experience with Wells Fargo Investor Foreclosures?
Is not a simple question.... I have seen cash for keys of up to $50K for a $4million house owned by a very "militant" occupant... in general, I would think they try to get no more tha ... more
0 votes Share Flag Fri Sep 28, 2012 Foreclosure in Los Angeles
Nick Socha, Real Estate Pro in Los Angeles County, CA
Nick Socha answered:
Ok so we are short selling our house but should we try tom save up money during the process, then rent, and hope to be able to buy again?
You sound like you have alot of questions and concerns. I'd be happy to discuss them with you.

Give me a call @ 310-647-7785

Nick Socha
Century 21 Amber Realty
310-647-7785
#0 ... more
0 votes Share Flag Sun Sep 16, 2012 Foreclosure in 91765
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
How do I buy a foreclosed home in the Los Angeles area? I would prefer to NOT go to auction.
Foreclosures require a Buyer's Agent representing you:
The Banks only want to deal with Realtors; they do not want to lose a transaction once it gets into Escrow.

A Buyer's Agent co ... more
0 votes Share Flag Thu Aug 30, 2012 Foreclosure in Los Angeles
Elizabeth Sa…, Real Estate Pro in Fort Collins, CO
Elizabeth Salinas Kelley answered:
can someone please call me regarding fore closures 424-206-1954?
Tyla,

I do not see anywhere in the MLS a condo 3+3 listed in the $400K range. Maybe the listing was at auction and it's probably gone. I sell foreclosures in Santa Monica and that ... more
0 votes Share Flag Tue Aug 21, 2012 Foreclosure in Mid-City
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Is this a condo ?
There is no address or link to look it up. you should go back to the ad, click on the profile for the listing agent and call or email them direct for quick answers.
0 votes Share Flag Mon Aug 20, 2012 Foreclosure in Grandview
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
I rent a room, month to month lease, with no formal lease or paperwork in a house that was sold in auction via foreclosure. What rights do we have?
Kyuyen,

A foreclosure actually wipes out any agreements. it could be argued that you and the previous owner had an agreement but since it is not in writing, you are probably in a ve ... more
0 votes Share Flag Mon Aug 20, 2012 Foreclosure in Los Angeles
Janey Bishop, Real Estate Pro in Woodland Hills, CA
Janey Bishop answered:
Afte a trustee sale can the second lien holder come after you?
Customarily the loan is secured by a lien against the property and is wiped out by the sale. Do you have online access or an automated number to phone and check the loan balance? Are yo ... more
0 votes Share Flag Wed Aug 15, 2012 Foreclosure in Los Angeles
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
how do I foreclose on a property I seller financed?
You need to contact a real estate attorney to do a forclosure if that is the route that you want to go. Thankfully it sounds like you have a properly recorded note and mortgage to have ... more
0 votes Share Flag Wed Aug 8, 2012 Foreclosure in 91342
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
Pay HOA fees during short sale of my home or not?
If you can afford the $15, that is one less creditor that will go after you!!! I presume that you are pursuing a short sale instead of foreclosing because you care about your credit. So ... more
0 votes Share Flag Sat Aug 11, 2012 Foreclosure in 90403
Jan And Paym…, Real Estate Pro in Pasadena, CA
Jan And Payman Emamian answered:
Lately I am looking for a commercial real estate agent. I am interested in buying existing preschool with license. Please send me info. through email
What area are you interested in? Is there a particular one you already have in mind? Please elaborate so that we can better assist you. You may e-mail us at jan@dreamhomelink.com or cal ... more
0 votes Share Flag Sat Jul 28, 2012 Foreclosure in South Arroyo
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
How long after a foreclosure can I buy an other home ? I have been renting for 18 months.
It will depend on a couple of factors, the first being how they reported it on your credit. When negotiating hopfully you negotiated a neutral reporting. Next it will be based on your c ... more
0 votes Share Flag Tue Aug 27, 2013 Foreclosure in Palmdale
Patrick Fiel…, Real Estate Pro in Dallas, TX
Patrick Fields answered:
HOA bought the deed through trustee sale, are they required to take over mortage payments
In a foreclosure sale relating to a default on a mortgage, the proceeds from the sale are for the purpose of satisfying the debt through the sell of the collatoral (the home.) The purch ... more
0 votes Share Flag Fri Jul 20, 2012 Foreclosure in Los Angeles County
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
I am a wholesaler looking for cash investors/end buyer seeking wholesale deal. no financing
How many homes do you own?
0 votes Share Flag Wed Nov 27, 2013 Foreclosure in Palmdale
Lena Samigou…, Real Estate Pro in Beverly Hills, CA
Lena Samigoullina answered:
can anyone go to a trustee sale?
Yes, anyone can attend. If you're planning on bidding on a property, you need to bring cashier checks with you and register at the action with your ID and show your cashier checks ... more
0 votes Share Flag Mon Jul 2, 2012 Foreclosure in Pacific Palisades
Mikel Defran…, Real Estate Pro in Milton, MA
Mikel Defrancesco answered:
what happens to a 2nd loan on a short sale?
They must agree to the short sale... typically for pennies on the dollar since they're in second position. But the first will usually make some accommodation for them to sign off.
0 votes Share Flag Sun Jul 1, 2012 Foreclosure in Santa Clarita
Alain Picard, Real Estate Pro in Puyallup, WA
Alain Picard answered:
Why the seller is paying all the cost?
You should always have your own inspection done. Usually when you put an offer on a property you will put a home inspection contingency in your offer giving you a certain time frame to ... more
0 votes Share Flag Tue Jun 19, 2012 Foreclosure in Whittier
1 2 3 4 5 6 7 ...
Search Advice

Followers

454
Email me when…

Learn more

Meet the Trulia VIPs
Winnie Licht, Broker in Playa Vista, CA
Winnie Licht
Broker
Playa Vista, CA
Todd Miller, Agent in Los Angeles
Todd Miller
Agent
Los Angeles
Lily Liang, Agent in Rolling Hills Estates
Lily Liang
Agent
Rolling Hills Estates
Kelly Nelson Brown, Broker in Avalon
Kelly Nelson Brown
Broker
Avalon
Home > Q&A > California > Los Angeles County > Foreclosure in Los Angeles County
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer