Foreclosure in Wisconsin : Questions & Answers

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Ray Wrobel WI…, Real Estate Pro in La Crosse, WI
Ray Wrobel WI Broker answered:
I'm looking for a not too pricy home for sale or rent in la crosse are
Not a problem. There are a lot of nice homes priced to sell. I would recommend contacting me and I can start searching for you right away. I don't currently have any rental homes, sorry ... more
0 votes Share Flag Tue Jul 1, 2014 Foreclosure in La Crosse
Josh Barnett, Real Estate Pro in Oklahoma City, OK
Josh Barnett answered:
What date do I go by the Notice of Sheriffs Sale, the Sheriff's report of sale, Confirmation of sale or Sheriff's deed?
The deed will be the final document, the confirmation of sale should be the same date as the deed.
0 votes Share Flag Wed Feb 27, 2013 Foreclosure in Wisconsin
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
home in foreclosure in neillsville wi. u s bank holds mortgage. how do i get any information on this property?
What information do you want or expect to get? Public records will show you the owner, but so what? Are you thinking you will buy it? Do you realize that if the owner sells it he has to ... more
0 votes Share Flag Thu Feb 21, 2013 Foreclosure in Neillsville
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
How long should it take to hear back on an offer?
You have a Realtor.
You are not listening to your Realtor!
Why would you listen to strangers?
0 votes Share Flag Tue Feb 12, 2013 Foreclosure in Kenosha
lastingimpre…, Home Owner in Menomonee Falls, WI
lastingimpressionsfloral answered:
who is the bank that owns this property?
BMO Harris Bank was our lender, now is the owner through foreclousre...so sad
0 votes Share Flag Thu Jan 31, 2013 Foreclosure in Burlington
Mike Collins,…, Real Estate Pro in 53545
Mike Collins, 608-921-8536 answered:
What is the best mortgage product for my situation?
Hi Becca,

Great question! Below is an article that I wrote some time ago. The best person to ask is a mortgage professional of course.

Best of Luck!
Michael Collins- SFR, BPOR
B ... more
0 votes Share Flag Tue Jan 15, 2013 Foreclosure in Milwaukee County
Chris Macisco, Real Estate Pro in 43201
Chris Macisco answered:
what does transfer value on a house mean?
The "transfer value" would be what the home most recently sold for/ transferred for according to the Auditors records . The Auditor also will have their accessed value which is generat ... more
0 votes Share Flag Fri Jan 11, 2013 Foreclosure in 53206
Wayne Stockw…, Real Estate Pro in Tomah, WI
Wayne Stockwell answered:
Is it possible to get a mortgage 2 years after the sherrif sale?
Try: abakkum@wintrustmortgage.com Have a great new year!
0 votes Share Flag Mon Dec 31, 2012 Foreclosure in Fond du Lac
Karen Conley, Real Estate Pro in San Isidro- Amazonia,...
Karen Conley answered:
The bank bought our condo back at auction for what was owed. What would the deficiency be that we will have to claim on our taxes next year?
This answer depends on if you had refinanced the property? taken cash out? or if the loan was a purchase money only?
0 votes Share Flag Wed Dec 26, 2012 Foreclosure in Wisconsin
Dan Grunwaldt, Real Estate Pro in 53151
Dan Grunwaldt answered:
how do i find the auction house for a forclosed property?
Homes in foreclosure that make it to auction are typically auctioned by the sheriff's department of the county the property is located. If the property is already bank owned, properties ... more
0 votes Share Flag Wed Nov 14, 2012 Foreclosure in Wauwatosa
Bill E, Home Owner in Madison, WI
Bill E answered:
2916 kentville foreclosure..has anyone offered and had inspection? Why do accepted offers continue to fall through?
at least (3) offers have fallen thru and I'll bet NONE of them fell apart on inspection. More likely scenario is financing. The place is only 7 years old, the association maintains ex ... more
0 votes Share Flag Wed Nov 14, 2012 Foreclosure in Sun Prairie
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
I am a home owner in kenosha wisconsin our home was foreclosed & judicial judgement w/ 6mo redemption , which will be up on 03/13 when do i move?
According to the 2009 ACT by our (new) illustrious President;
they have to give you at least 30 days notice.
0 votes Share Flag Wed Nov 7, 2012 Foreclosure in Wisconsin
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
I have fallen in love with a home that is bank owned.
You need to check with your Realtor® on these questions. They should not be hard to find out except for the how long has it beeen vacant question. No one has a clue on that.
0 votes Share Flag Tue Nov 6, 2012 Foreclosure in Oak Creek
Mike Collins,…, Real Estate Pro in 53545
Mike Collins, 608-921-8536 answered:
We've surrendered our home, our bank purchased it on 10/22/2012. What financial hardships might we face?
You will want to contact legal counsel about this. They can discuss the possibility of a deficiency with you.

Realtors® and real estate agents are not allowed to discuss legal mat ... more
0 votes Share Flag Thu Nov 1, 2012 Foreclosure in Wisconsin
Nan Brennan, Real Estate Pro in Appleton, WI
Nan Brennan answered:
How can I find foreclosure listings in the Appleton/Green Bay, WI area?
I Matt,

The best way to get updates on Foreclosed properties is to contact a local real estate agent, it costs you nothing to work with an agent as their commission is paid by the se ... more
0 votes Share Flag Sat Oct 6, 2012 Foreclosure in Appleton
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
We were foreclosed on August 9, 2012 No eviction notice - how long do we have
It is not usual to wait this long to hear something:
Presuming that your Bank re-bought the property, they have their Realtor visit you and offer Cash-for-Keys and 30 days.
You have s ... more
0 votes Share Flag Thu Jan 31, 2013 Foreclosure in Wisconsin
Michelle Mar…, Real Estate Pro in Madison, WI
Michelle Marking answered:
I am an agent in Las Vegas but I have a relative that needs to do a short sale in Deforest.
I have done numerous short sales and foreclosures. My clients rely on me to treat them like family. Know that I would do my best to help them through the short sale process. You can ... more
0 votes Share Flag Fri Sep 21, 2012 Foreclosure in Madison
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
How can we find out if the home we rent is in forclosure if the landlord is not forth coming with that info? And do we still have to pay him the rent?
Hi Alisa,

You need to contact an attorney and have all your rental/lease paperwork available.

As for continuing to pay the rent - if you are living there, you need to pay rent or ... more
0 votes Share Flag Tue Sep 18, 2012 Foreclosure in Green Bay
Debby Thomps…, Real Estate Pro in 53226
Debby Thompson answered:
what happens to a senior going to assisted living who owes more on the house he owns than it can sell for?
This would be a hardship and be sold as a short sale. You would need to start talking with the servicer of your loan and find an agent that knows how to do short sales.
Debby Thompson ... more
0 votes Share Flag Fri Dec 19, 2014 Foreclosure in Wisconsin
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Can the bank sue me on a foreclosed house after the Sheriff sale providing it was originally ruled 6 month redemption and no deficiency Jmt?
Sue you for what? Need to narrow it down a little,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
0 votes Share Flag Tue Jul 24, 2012 Foreclosure in Racine
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