Foreclosure in Phoenix : Questions & Answers

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Lucinda Tkach, Real Estate Pro in Phoenix, AZ
Lucinda Tkach answered:
I'm looking for a real estate / foreclosure attorney.
Michael,

I am aware of a well known attorney! Diane Drain 602-246-7106 web site dianedrain.com.

You may want to check with legal zoom.com too!

I am familiar with short sales an ... more
0 votes Share Flag Fri May 15, 2009 Foreclosure in 85022
Todd Lee, Real Estate Pro in Phoenix, AZ
Todd Lee answered:
Is a buyer allowed to submit offers on more than one short sale property?
Yes... with the amount of time it takes to get an answer from banks, I know of several buyers who have submitted multiple offers and then canceled the ones that they didn't get an answe ... more
0 votes Share Flag Sun Jun 13, 2010 Foreclosure in Phoenix
Carlos, Real Estate Pro in Chandler, AZ
Carlos answered:
I own two homes & may foreclose on one...Can the lender on the foreclosure come after my other home/assets?
The answer is that it will depend on many factors. To be 100% sure your best bet will be to consult a real estate attorney. Even on the cases where the loan is supposed to be protecte ... more
0 votes Share Flag Sun Aug 5, 2012 Foreclosure in Phoenix
Carlos, Real Estate Pro in Chandler, AZ
Carlos answered:
how do I find out who the auctioneer is on a home,so I can register? There are so many different foreclosure
Fred,

Any agent will be able to assist you. There are many agents, inlcuding me, who specialize on foreclosed homes.

Carlos J Ramirez, PC, ABR, CNE
Associate Broker, HomeSmart ... more
0 votes Share Flag Mon Apr 27, 2009 Foreclosure in Phoenix
Gene Yakubov…, Real Estate Pro in San Mateo County, CA
Gene Yakubovich answered:
If my modifation is not approved, will i automatically be in foreclosure.
HOW ABOUT nod OR nOYCE OF TRUSTEES SALE - WERE TI FILED.
YOU CAN DO THE SHORT SALE

GENE YAKUBOVICH
0 votes Share Flag Mon May 4, 2009 Foreclosure in Phoenix
Steven Mayna…, Real Estate Pro in Phoenix, AZ
Steven Maynard answered:
My landord just entered chapter 7 BK, we haven't paid him rent for a month and haven't heard from him. Do we?
Just be careful, if you have a lease you want to get some legal advise. You are still bound by a contract to pay him rent. Just because he filed BK doesn't mean the home is being forec ... more
0 votes Share Flag Mon May 4, 2009 Foreclosure in Phoenix
Benny Paul C…, Real Estate Pro in Las Vegas, NV
Benny Paul CRS®, CIPS, CSP®, ABR®, e-PRO®, AHWD, TRC answered:
Is there a way to find out if the house i am renting is going into foreclosure? Phoenix, az.
Nikki,
Local County recorders office or a title company could find that information for you.


I have the following Designations:
-- Certified International Property Special ... more
0 votes Share Flag Fri Apr 17, 2009 Foreclosure in Phoenix
Blaison Samu…, Real Estate Pro in Fremont, CA
Blaison Samuel answered:
how can I find a trust worth person to help me save my condo from foreclosure that is not so expensive cause?
You have to work with an experienced short sale realtor in your area. You can avoid foreclosure with successful short sale. Let me know if you need any referral for a good agent who kn ... more
0 votes Share Flag Wed May 13, 2009 Foreclosure in Phoenix
James Wehner, Real Estate Pro in South Scottsdale, Sc...
James Wehner answered:
Short Sale Facilitator--We are trying to buy a short sale, but the facilitator will not pass our offer to the
There may be a possibility that there is an offer already submitted to the bank for approval and therefore your offer will be in first backup position.
0 votes Share Flag Thu May 21, 2009 Foreclosure in Phoenix
Randy Hooker, Real Estate Pro in Phoenix, AZ
Randy Hooker answered:
Can a potential home buyer perform needed repairs required by FHA guidelines following a home inspection or?
Hey Big...

That's a question that you should really ask your Buyer's Agent Realtor. The best answer I could give you, without knowing anything else about the situation, the repairs ... more
0 votes Share Flag Sat Mar 21, 2009 Foreclosure in Phoenix
Todd Lee, Real Estate Pro in Phoenix, AZ
Todd Lee answered:
REO SALES MANAGER NEEDS INPUT
I know that I have clients that are first time buyers that are looking for homes that they don't have to do a ton of work to. They look through the listings and pick out the ones that ... more
0 votes Share Flag Wed Aug 5, 2009 Foreclosure in Phoenix
Blaison Samu…, Real Estate Pro in Fremont, CA
Blaison Samuel answered:
Can banks make you pay a 2nd mortgage back when they take back the home by foreclosing the 1st mortgage in AZ?
when the first foreclose and sell it auction, whatever left money goes to the second and so on, but if there's nothing after satisfying the first then the second will not get anything ... more
0 votes Share Flag Sun Jun 17, 2012 Foreclosure in 85048
Paul Welden, Real Estate Pro in Phoenix, AZ
Paul Welden answered:
The house I rent will be auctioned in May 2009 should I pay my landlord rent?
HI Angela,

Read your lease agreement to find this information. Usually, if you do not pay your rent, you are in violation of your contractual obligation. You are advised to seek the ... more
0 votes Share Flag Thu Mar 5, 2009 Foreclosure in Phoenix
Randy Hooker, Real Estate Pro in Phoenix, AZ
Randy Hooker answered:
if you get foreclose can you ever buy a house again
Hi Nancy!

Even with a foreclosure on your credit report, you will be able to buy a house in the future. Right now, it looks like you would have to wait 4-5 years before you be eligib ... more
0 votes Share Flag Mon Feb 16, 2009 Foreclosure in 85033
Stew Keene, Real Estate Pro in Scottsdale, AZ
Stew Keene answered:
How to get home owner's insurance policy on a property that's already in foreclosure?
Lynn,

We need to talk...

Stew Keene
Ph (480) 220-7491
Fax (866) 711-8573
StewKeene@yahoo.com
Keller Williams - Scottsdale, AZ
2008-2009 Master of Real Estate award recipient
... more
0 votes Share Flag Sat Jan 31, 2009 Foreclosure in Phoenix
Carlos, Real Estate Pro in Chandler, AZ
Carlos answered:
The Wall Street Journal is looking for foreclosed on homeowners living with family or friends.
Emily,

I know of a few good people who have been thru that process. If you wish I can ask them to contact you.
0 votes Share Flag Mon Jan 26, 2009 Foreclosure in Phoenix
Paul Welden, Real Estate Pro in Phoenix, AZ
Paul Welden answered:
I'm interested in buying home at 2917 W. Rancho Dr. Phx, Az 85017
Hi Steve,

This home is currently listed for sale at $45,900. You may contact me for more details on how to buy it.

---
PAUL WELDEN
HomeSmart
Buyer's Agent Realtor
480-241-0081
0 votes Share Flag Mon Jan 19, 2009 Foreclosure in Phoenix
Cameron Piper, Real Estate Pro in Minnesota
Cameron Piper answered:
What happens to the owners of a foreclosed home? How soon do they have to vacate the home after foreclosue?
xbox1950,

It really does differ from state to state and even depends on the type of foreclosure in some states. You will want to talk to an attorney or a good real estate agent in y ... more
0 votes Share Flag Tue Jan 13, 2009 Foreclosure in 85022
Paul Welden, Real Estate Pro in Phoenix, AZ
Paul Welden answered:
WHEN CAN YOU BID ON THIS PROPERTY AND HOW DO YOU DO IT IF YOU HAVE A HOME TO SELL FIRST? IF THE PROPERTY
HI Mary,

I'll need to know the property address before giving you the information you want.

---
PAUL WELDEN
HomeSmart
Buyer's Agent REALTOR
0 votes Share Flag Fri Jan 9, 2009 Foreclosure in Ahwatukee
Dan Mullarkey, Real Estate Pro in Scottsdale, AZ
Dan Mullarkey answered:
Questions about buying Phoenix Foreclosures
Here are some answers that I hope you find useful, I specialize in Bank Owned Properties and have dealt with many different banks all over the Valley:

1.) Typically, yes-there are m ... more
0 votes Share Flag Fri Jan 9, 2009 Foreclosure in Phoenix
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