Foreclosure in West Palm Beach : Questions & Answers

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Voices Member,  in
Voices Member answered:
Can a lender(Bank OF Am) sell a property without notifying me of a sale date?
The property is not theirs to take. They have to obtain certificate of title and be recorded with the clerk. Your attorney may be able to get the sale vacated.

The buyer at auction ... more
0 votes Share Flag Sat Oct 16, 2010 Foreclosure in West Palm Beach
Andrew & Ele…, Real Estate Pro in Naples, FL
Andrew & Elena Ollick answered:
Hi all: I own my home paid for. I do have a HOA and they took a Lean out in Sept. I owe 3 years HOA about $4000 . Can HOA forclose on Lean?
Yes, they can and most likely they will. A lot of HOAs are now foreclosing on properties in Florida and they're allowed to do so. it's a horrible situation and I would advise ... more
0 votes Share Flag Sat Oct 9, 2010 Foreclosure in West Palm Beach
Scott Miller…, Real Estate Pro in 33432
Scott Miller - REALTORĀ® answered:
the house im renting is being foreclosed on! options??
Hi Arnie. This is happening everywhere in Florida. Start looking for a new place and make sure that the owner of the new rental is NOT in trouble with his mortgage. This is a must.
... more
0 votes Share Flag Mon Sep 27, 2010 Foreclosure in West Palm Beach
John Bennett, Real Estate Pro in Leesburg, FL
John Bennett answered:
I am not sure i understand the listing was browsing through foreclosures owned and selling by the bank saw some incredibly low price. please explain?
Kenisha - where were you looking
What listing are you talking about
0 votes Share Flag Fri Jul 23, 2010 Foreclosure in West Palm Beach
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
contact information GMAC Hope Keychain Alliance South Florida
http://media.gmacfs.com/index.php?s=43&item=59

For more information, homeowners should call 800-799-9150.

###

Contacts
Brett J. Weinberg
Keychain Alliance
Tel: 952-857-6 ... more
0 votes Share Flag Wed May 19, 2010 Foreclosure in West Palm Beach
Marsha Monto…, Real Estate Pro in Palm Beach, FL
Marsha Montoya Mayer asked:
What reliable companies give REOs to Florida Realtors ? I am a Palm Beach Realtor. I have many ready buyers looking for deal properties.Does anybody know any reliable companies assigning REO's to Realtors in this area?I wou...
0 votes Share Flag Tue Mar 16, 2010 Foreclosure in West Palm Beach
Joan Lorberb…, Real Estate Pro in North Palm Beach, FL
Joan Lorberbaum Moore answered:
Two homes, must foreclose on one...
Have you made an attempt to get a loan modification on the 2nd home or short selling it? Those might be viable options to you. In any event, I am fairly certain from the brief informati ... more
0 votes Share Flag Mon Jan 4, 2010 Foreclosure in West Palm Beach
George R Gam…, Real Estate Pro in West Palm Beach, FL
George R Gamble PA answered:
who pays deliquent hoa dues when bank forecloses?
Hi Wendi:

Great Question!

I had to deal with this very issue last month on 2 of my Condo Listings which Sold thru the Foreclosure Process in West Palm Beach.

For reference, ... more
0 votes Share Flag Wed Dec 2, 2009 Foreclosure in West Palm Beach
Kelly West, Real Estate Pro in Mount Shasta, CA
Kelly West answered:
what score do you need for va loan.[ millilli@yahoo.com ]
I have had clients purchase a home using a VA loan with a 550 credit score, but you can not have any late payments in the last 12 months.
0 votes Share Flag Thu Oct 23, 2014 Foreclosure in 33412
Rodney Forbes, Real Estate Pro in West Palm Beach, FL
Rodney Forbes answered:
Does anyone know anything positive or negative about Marina Grande Condo, Riviera Beach, FL? I am
Gary,

I'm a local real estate broker who has had a lot of contact with the Marina Grande development for the last couple of years. There have been some problems that seem to be ... more
0 votes Share Flag Fri May 30, 2014 Foreclosure in West Palm Beach
Marty Kaiser, Real Estate Pro in 32819
Marty Kaiser answered:
I am living in a month to month rental, which the bank just forclosed on . Can the landlord evict me?
You can consult with a real estate atty to confirm. Basically, as you have no lease, the bank can require you to vacate within 15 days and evict you if you do not comply. If I were yo ... more
0 votes Share Flag Fri Jul 31, 2009 Foreclosure in West Palm Beach
Voices Member,  in
Voices Member answered:
I have noticed that in the last 3 months there have been very few foreclosures on the market..they are all
Banks control the market, inventory and pricing. Only in severe circumstances are the lenders foreclosing. Short-Sales will be the majority of the inventory, and generate more capital ... more
0 votes Share Flag Wed Feb 24, 2010 Foreclosure in West Palm Beach
Keith Manson-…, Real Estate Pro in Milwaukee, WI
Keith Manson- Metro Milwaukee Wisconsin answered:
mortgage insurance and foreclosure?
Can you more specific about the question so I can respond to your needs?
0 votes Share Flag Mon Aug 23, 2010 Foreclosure in West Palm Beach
Voices Member,  in
Voices Member answered:
I own a reo cleanup and maintenance co in palm beach couty florida. How can i et involved in the bid process?
To be able to bid for the jobs you must be signed up with the asset management companies and banks. I included a link below that should help you, they have an excellent foreclosure cle ... more
0 votes Share Flag Thu Sep 24, 2009 Foreclosure in West Palm Beach
Myke Triebold, Real Estate Pro in Destin, FL
Myke Triebold answered:
How do I find out how much the mortgage amount is left on a foreclosure?
That is private information that belongs to the bank. The bank buys the house back at the foreclosure sale, and then puts in on the market for about its market value! You can get a go ... more
0 votes Share Flag Tue Aug 25, 2009 Foreclosure in West Palm Beach
Ann Angotti, Real Estate Pro in Wellington, FL
Ann Angotti answered:
What if it is a short sale. Do they take that into consideration? Also, the community is called
Realtors and appraisers try to stay within the same subdivision. If there is not enough comps we go to comparable areas. As far as a short sale be willing to wait 2-9 months to get an ... more
0 votes Share Flag Fri May 8, 2009 Foreclosure in 33414
Herman Chang, Real Estate Pro in Palm Beach Gardens, FL
Herman Chang answered:
I put an offer in on a short sale in Binks Forest in Wellington, FL around 2 weeks ago. The seller owes a
Well the bank will review your offer against the appraissed value or BPO. Each bank has different guidelines, but if your offer is within the market price then you have a good chance.
... more
0 votes Share Flag Fri May 8, 2009 Foreclosure in 33414
Karen Lindho…, Real Estate Pro in 33432
Karen Lindholm answered:
I am a tenant and was served as Jane Doe a Complaint to Foreclose on the property, landlord has not paid mortg
I am not an attorney, but I can recommend an excellent attorney in West Palm. I think you could get your advice with one phone call. I love this forum but you need to consult a professi ... more
0 votes Share Flag Tue Sep 16, 2008 Foreclosure in West Palm Beach, FL
Scott Miller…, Real Estate Pro in 33432
Scott Miller - REALTORĀ® answered:
I am struggling and can't afford to make both my 1st and 2nd mortage payment next month... if I can only
Hi Eileen,

I'm sorry to hear about your financial problems. You are in the same boat that millions of other homeowners are in right now. As to your question, from a logical point o ... more
0 votes Share Flag Thu Jun 17, 2010 Foreclosure in West Palm Beach
Glenn Ginsbu…, Real Estate Pro in Naples, FL
Glenn Ginsburg answered:
Will a bank come after a borrower for the difference on a foreclosure?
Florida is a deficiency judgement state, so a lender can obtain a judgement for the difference between what is owed and what they eventually sell for a property for either at auction or ... more
0 votes Share Flag Sun Jul 19, 2009 Foreclosure in 33403
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