Foreclosure—questions & answers, advice and opinions page 130

Past HOA dues after foreclosure or short-sale?
I live in California. I filed Ch.7 a year ago. I have paid neither mortgage nor HOA for more than a year. Thus I owe post-petition association fees. I have tried to modify my loan on this 2nd rental property,…
What is our best option...Short Refi, Loan Modification, Short sale, or...Forclosure
My Brother and I Co-signed on a house together in Nevada--He is the Primary. We are now underwater, I am getting married and having to move to a different state due to my Fiance's active military…
I'm going thru a foreclosure & my fiance is worried that this will effect his future real estate buying power. Is there anyway around this?
I was told that if I signed over all legal rights to property while married that it shouldn't effect his ability to buy property.
Is this property really only $1,000? Talon Drive, Naples FL 34120 Who is the realty on this property.
looking for a realtor that specializes in Bank Owned / Foreclosures -- 70K cash to purchase a home in zip code 31420 or another recommended location that is fairly close to beach. 3 bedrooms
Title Issues??
I am currently interested in a Fannie Mae property. It went under agreement three times and it fell though (at closing) for the third time... The first time it was financing...the second time it…
why is it you put in a low and high price and it comes up with property $3,234.?
I put in min price any max price 10,000 it came up with some listing 3,234. but,when I clicked on it on the sid eof the page there was a price of 134,324 why is that?
We are looking to move to BIllings, Mt from Wy & wanted to look at foreclosed homes to maybe get a
little more house for our money. Is it worth it? What do we need to look out for? How long does it normally take? If I buy a foreclosed home, does that mean the home will appraise for less? What…
what is secondary offer?
I have offered a short sale property in Michigan. The bank returned to us stated "consider us as secondary off" . what the mean? Do we still have chances to get the property?
Need help with tenants.
We have tenants at our place. We asked our property manager to give them notice as we had gotten foreclosure notice. Managed to get a short sale agent & got the foreclosure postponed. Now the tenant…
why it makese sense to do a strategic foreclosure - part 2?
I posted another post on strategic foreclosure yesterday and got several very angry responses, both from fellow home buyers and from some realtors. I wsa partially guilty of having a care-free attitude…
I bought a condo when I was single and CALHFA has my loan. I got married and starting a family. We're currently buying a house, closing in April.
I'm thinking of walking away from condo. Can CALFHA lenders go after me with the new house or any assests I might have?
I just found out that a condo I am renting will be sold at auction on 10/5/10. Rent is due 10/1/10 - what are my best options? I just moved in 9/1/10
I Moved in 8/20/10 and paid through the end of this month. Do I need to speak with an attorney at this point or try to get in touch with the trustee's selling this property?
Financial distress - can't sell my home (living now out of state), credit card debt, no one can point me in the right direction
I have a home for sale in the state of Oregon. It's been on the market since March of 2010. It's currently listed as a short sale. I owe $215K and it's listed for $175K. I had two offers,…
I am a tenant and the home is to be sold tomorrow at auction. I was unknowingly paying rent to the owner. Is it legal for him to have collected rent?
Also, he told me that the house was to be auctioned next week instead of this week. The owner was going to file bankruptcy in order to keep the house. I was behind one month on the rent so he told me to…
Is there any tax relief for senior citizens from this rediculous mello roos? $3,200 a yr. I'm suppose to be retired now I have to get a job to
pay tax Is there an exemption I can file? This seems unconstitutional. I Work all my life only to retire to a city that strong arms me into having to go back to work to pay($3,200) for 3 school districts,…
the house im renting is being foreclosed on! options??
i just found out the house i am leasing is being foreclosed on. can anyone please tell me my options?? thank you for helping, amie
what is a realistic price to charge the banks to maintain a REO property for 45 days?
i am in cleveland ohio and i plan to provide everything from borad up to landscape to protecting and maintaining the property for a period of 45 days but i do not want to over charge or sell myself short.
I'm looking to purchase a foreclosure property. Ideally, I'd like to rehab & flip it. However, I'm willing to go to plan B as a
buy/rent/hold investment. I'm looking for a realtor who is a property investor and knows how to present properties with an investor mindset. I do have one property in Southport and like that area.…
How many days to get refund from escrow after one short-sale contract was cancelled as both agreed.?
I got one short-sale last month. However, it is not go through to the end. The house becomes foreclosure. The seller signed release of deposit to me. I signed the same cancellation of contract form. I…
My wife and I are intrested in Foreclosures. We are novices in this type of purch. We have a home that we would rent and the purch. of this new home,
we would put more than 70% down depending on price. We are looking for an agent to educate us on this and help us to sell or rent our house. Getting a morgt. is no problem since we are putting down 70%.…
How do I find foreclosed homes to clean out?
i am a young man who works for a man in the ohio area cleaning out foreclosed homes. The only porblem is he only pays me $50.00 a day and we work as many as 12 hours a day sometimes. I've tried to get…
How to start Foreclosures Cleaning Business in Charlotte, NC University area?
I need some guidance on how to start a Foreclosures Cleaning Business. I would like to start this business on part-time basis. I need help with how to net work, advertisement, cost, finding help to clean…
Where can I get BPO's???
I am a newer agent (I have a few sales under my belt) and I am interested in doing BPO's. I am not interested in breaking into the REO market, I love working with buyers, I just want to help get…
We live in michigan and filed 7 this mo. Redemption period is until 6/9/11 and we have a buyer-how can we do this before end of redemption period?
We know we have to wait until discharge from court in December and then six months to be able to sell above the redemption bid without any issues. Could we get extension on redemption and be actually…
Are you a Las Vegas Homeowner in Distress about your options concerning your underwater / undervalued Home and looking for options?
I am Jason Allen Gardner with Exit Realty Imoti, and we are hosting a Homeowner Protection Workshop on Oct 13, 2010 at Palace Station Saloon F. This workshop will be conducted by Mr. Robert Massi, a local…
When can I anticipate receiving my EMD on a Short Sale since the bank countered my offer?
I had a ratified contract with the sellers on a short sale transaction. After the bank countered my offer, I requested to be release from the contract with the sellers. Is there a time constraint for…
Who determines what bids are taken and which are rejected on HUD Foreclosures?
Using bidselect.com you can see offers on some gov't foreclosure houses, often I note the bid goes to lower offer even though just days before a higher bid was offered. Why is this? Who determines…
what are the consequences of a foreclosure on the primary residence in fl?
The property is listed as a short sale, there are buyers but the bank does not accept less than a certain amount which is too high according to the area's market. In case of a foreclosure what are…
is an 80/20 loan a non-recourse loan?
I understand that my 1st is a non-recourse loan but is my 2nd a non-recourse loan? I have never refinanced my home.
We are looking for REOs in Chesterton, IN. We've tried using some internet services (like Realty Trac), but
the information is ridiculously old. Where do we get current, reliable information?
Do short sales have to be handled by a realtor?
I heard that you can just put up a "for sale by owner" sign, take a picture, then have a "friend" "buy" your house for you through a short sale........is this permissable? How do you report suspicious…
I am very familiar with South Florida, I've been a Broker for just about 30 years. I would like to use my
experience and knowledge to prepare,review and submit Broker Price Opinion (BPO) for lenders, banks and financial institutions. With the large inventory of short sales and foreclosures, there is certainly…
reverse mort, taxes and foreclosure
my mom passed away March 2010 and she had a reverse mortgage we have a year to sell it if not it will go into foreclosure March of 2011 would we be responsible for paying the taxes?
How do realtors handle pre-foreclosures? Or are they not involved?
I have a possible lead who is interested in a pre-foreclosure. The house is not listed on my MLS system, only on a foreclosure website that will not give me any information unless i join the website (which…
I am a member of an HOA and we have an owner who has accrued $20,000 in HOA fees and late fees. Can we foreclose? Will we end up with the property?
We currently have a lein on the property, but the homeowner is in process of filing bankruptcy and we were asked to remove the lein so they can go forward. If we do remove the lein will we end up holding…
Are there any real estate companies or banks looking for a great foreclosure clean out company that specializes in restoring your property?
I would like to introduce our company to you .We specialize in restoring your property into rent ready, move in or sell ready condition. Unlike some maid services that just dust and vacuum we offer deep…
Fannie Mae countered our offer this morning
After the counter offer, my husband decided to stay with the original amount he offered, and I was expecting an immediate off back, or something. I called the Realty company dealing with the Bank, and…
Detroit house sold at sheriffs sale. will go to deed office and pay what sold for at auction. How do i get calculations from sheriff deed?
My detroit house sold at sheriff sale. Redemption is over in a couple of days. The guy who bought it won't return calls. Going to Register of Deeds and pay what it sold for at auction to keep house.…
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