Foreclosure—questions & answers, advice and opinions page 167

I found a house that I am interested in, but the wesite says the listing has been canceled. The house is empty and appears to have been recently
winterized. Is there anything I can do or do I just have to wait for it to come back on the market? I believe it is probably a preforclosure?!
I am looking at a home in foreclosure in Clarkston MI. It is currently in the redemption period for the owner
and is listed with a real estate agent. Should I work through this real estate agent to negotiate the purchase or should I find another agent to work on my behalf? It has been on the market since October…
How do you get to see the home, I'm a realtor but I don't know who to contact to find if you need a combo, and how or what you want to?
write a contra Can a buyer pay cash or is it only for people who will be living in the home? I cannot find information if it is listed with a local broker
how can i get this house and process? how much will it be finally?
first time to buy a house in hawaii. i would like to know how to get a nice foreclosure house with a cheap price.
what are my financial responsibilities after foreclosure? I abandoned my house (condo) due to unbearable, unhealthy living situations / environment
I am disabled and on a fixed income raising my children and had to leave due to our lives and safety (due to surrounding outside danger!!!). Any suggestions? I can't get help getting current again,…
I have a contract on a home in Roseville Ca. The listing price on this REO was 229k, I offered 243k. The appraisal came in at 230k due to many homes
near by being REO's and short sales. Since the appraisal came back lower than the agreed price I'm requesting the sale price be lowered to the appraised amount of 230k. Either the selling bank…
How fast are you closing your short sales? Are you finding that they are closing quicker and easier?
I know they used to be a pain however I am in a position where I am starting to receive quite a few short sale opportunities. From what I have heard the negotiators are working pretty well with them now.…
I'm a renter in Florida and my landlord's property I'm currently renting is about to go into foreclosure. How does this affect me as a?
tenant? My rent payment is current because HUD in currently paying my landlord the rent directly.
How much below asking price can you offer on a hud or REO home at the moment?
We are looking in the $90 to $130,000 price range. We have 5% down but want them to pay closing costs.
How can I be sure that a trustee auction sale on my home has been cancelled?
My home was wrongly scheduled for a trustee auction. I am currently under a forebearance agreement with Chase Bank. I contacted Chase and their attorney's office and they both said the auction would…
how long to vacate property after auction sale?
home is scheduled for auction 6/2/09, how long before I will be evicted
Facing foreclosure or short sale of your home?
Get informed! You don't want to be surprised by deficiency judgments down the road. CNNmoney.com has just published a great article explaining the risks: http://money.cnn.com/2010/02/03/re…
I'm trying to buy a deutsche bank owned home, at 336 Groover Road, Greenville PA 16125
I've been told that Deutsche Bank has the title. I made an offer to my realtor, then before I ever got an answer, I was told it'd been taken off the market, but Deutsche Bank still has the title.…
Offering Less On a Forclosure?
I am a first time home buyer and have looked at several homes..I found a home that would fit for me and my family...I live in northern calornia,where here in my city forclosures are a dime a dozen and…
Hello, My son got bought a Tax Lein. He paid the back taxes what is the next step . He wants to keep paying the taxes so he can get the house. Is it?
true that if a person who gets the tax lein pays the taxes for a two years gets the house if the owner can't pay ? When he pays the taxes does he need to give the tax office an affidavit ? What else…
Home loan modification
Hi: I am going thru a divorce and had to cut back my hrs from a f/t nurse to p/t. This was due to high stress levels and on top of all this I found out I am sick and in need of treatment. I am falling…
Can an HOA foreclose on your home if they cited you for a violation that you do not comply with, but all your dues are paid on time and up to date?
I live in Texas. For the past 6 years I have had a fence up which I didn't realize was outside of the setback line. By now I have landscaped and have large trees inside of the fence and my HOA is…
what is the forclosure process?
My brothers house is going to auction Aug. 3rd. How long does he have to move out?
We recently entered an offer for a forclosed property, but our offer wasn't sent to the bank
We were the only offer, but since the bank's agent didn't submit our offer immediately, others have come in and now they are telling us to resubmit "highest and best". It is appearing they sat on ours…
We are trying to decide whether we should struggle to keep our home or deed the house back to the bank.
The value is curentyl 180k but because we lost so much value we only have about 10k equity. I heard home values were going to drop again.
we have a mortgage that we may soon not be able to pay due to job loss.we also own property outright in ga
our home is in fla. what options do we have not to loose our ga property thanks patti
reo preservation service company
why would it take 30 days to get paid for work done to a property
If I was to walk away from my primary residence and make my rental, my primary residence, could the banks come after it in Texas?
And will my credit cards universally default? Does anyone know if the universal default fee was abolished with the new laws that passed recently in regards to the credit companies raping consumers?
short selling current house and want to buy a short sale house??
"we" have a townhouse that is currently in trial payment period for a loan mod. its under her name and her ex...they are separating and want to short sale it. how long before we can get our own…
I have been recevinig letters form the law firm that is trying to collect the amount owned on second mortgage on the property i forclosed. What o do?
I made last payment in September 2006 and forclosed in June 2007. The bank ecentually sold the property but the bank that issued the second mortgage has hired a law firm and has been sending me letters…
In big trouble
I transferred the deed to my house to a "friend" through escrow, and was going to carry the loan for her. I didn't know I was supposed to have a separate contract to make sure she made payments. She stopped…
We may have to go through forclosure on our house. We are in St. Paul, MN. Will we have to pay the remaining amount if they can't sell it for?
what we owe? We are worried about this as we can't afford to pay the remainder because of medical issues with us both.
Sheriff's Sale on 7/6. Should I continue to insure home?
My homeowner's insurance will cancel end of July. Sheriff sale is next week. Will buyer at sheriff's sale be responsible for liability insurance on home or should I continue paying it.
On 7/6 sheriff's sale. How can I do a short sale?
If the house no longer belongs to me after Sheriff's sale, how can I get involved in a short sale if the home doesn't belong to me? It seems like the bank would make all those decisions. Thank…
BofA owned property
Hey all. I have a client who is very interested in a home in Walnut Grove, Ca that is currently owned by BofA. I have been waiting for this home to be listed for months and nothing seems to be happening.…
I am in a home currently with no signed lease just verbal agreement. My landlord advised me in Sept. 2009 that he is letting house go and to stop
paying rent. Now he is telling me he is turning over keys on July 1st today being 6/30. What happens to me, will the bank be at the door kicking me out the next day?
What can I do when a judgment has been filed against me and shouldn't have been?
I was a victim of identity theft in September 2010 and got behind in my mortgage. I called Beneficial and explained that until this got straightened out and I got my monies returned I would not be able…
My house was foreclosed on, the sheriff's deed has the wrong legal description, I was just served an eviction notice and it too has the wrong
legal, is there any prescedence on if they have to start all over or what is your advice? Specifically, I split the lot 3 years ago and sold off the vacant lot and the mortgage co. did a partial discharge…
How long does it take HomeSteps to respond to an offer in California?
I made and offer on a HomeSteps foreclosed home and now I'm waiting for the counter offer.
Our first loan foreclose and now we are dealing with our second. Is it better to pay off the second or settle the debt?
The loan is not a purchase money loan. It was a refinance of the original second with $50K going to loan and $25K going to home improvements. The credit is already impacted by the foreclosure so what is…
what happens to my 2nd mortgage after my 1st and all prior liens are paid off?
I have a home that will be auctioned for back payments. I owe $120,000 on the first and $25,000 on a second with a different lender. If the homes sells for $160,000 will my second be paid off?
Accepted bank's counter offer, now they're auctioning the house???
I posted a question a few days ago about buying a bank owned home. I accepted their 3rd counter offer, but have been waiting for 2 weeks now for the offer to be approved by the bank management. The counter…
HOW MANY TIMES CAN A BANK ASK FOR A BEST AND FINAL OFFER, WE ARE BEING ASK FOR OUR 3RD, ALL CASH TRANSACTION, ANY STATUTES OR LAWS?
WE PUT AN OFFER ON A REO,$330,000 ALL CASH, IT IS LISTED FOR 339,000. 2 DAYS LATER ASKED FOR OUR BEST AND FINAL OFFER, WE TO $332,000, DAY LATER BANK SAYS IT WANTS $338,000 AND ITS OURS, WE SIGN AGREEMENT…
We have 3 real estates. 1 primary, 1 business, and 1 rental. If your primary goes into forclosure, can we move to our 2nd and 3rd properties.
the 2nd and 3rd properties are by far smaller mortgages. And we are going thru a divorce. Trying to say the primary, but is a struggle for my husband since his business is unstable.
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?
How does the buying process for foreclosures or FSBOs differ from homes sold by agents?
I live in Arizona. I bought a condo in 2006 and it was my primary residence from then until 2009. I bought a new home in Nov of 2009 and the condo
was foreclosed on and sold at auction in june 2010. From the cancellation of debt income standpoint, is this considered foreclosure on my primary residence even though i was not living in it at the time…
RealtyTrac falsely lists property on Guadalupe Trail Lane for $80066. Is a litigious posting of false data (on Trulia, no less) considered acceptable?
There are NO 0 square foot properties with 0 bedroom(s) and 0 bath(s) on this street as this entity describes.
I purchased a Time Share (DEED paid in full). Association foreclosed in June 16, 2010. do i get any money back. i owed 500.55. but is worth 22,000.
purchase for 22,000. owed 500.55 late as of Jan 2010. Just would like to know if I am to recieve any money back being that the value is so great and the amount owed was so low.
foreclosure in Oregon 80/20 what can happen to us
The money borrower was for the home only no refi's, and have moved out of home. It was our primary residence. What recourse does the lender have for us
Interested in the Forclosure/REO market in the Northwest/North Denver Area.
Looking for a fixer upper in the <60k area for a 3bedroom with a fenced yard and a basement. Is that going to be possible?
I am involved in a short sale purchase under HAFA, anyone out ther have any insight?
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documentation is submitted…
I am involved in a short sale purchase under HAFA, anyone out there have any insight?
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documentation is submitted…
I am involved in a short sale purchase under HAFA, anyone out there have any insight?
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documentation is submitted…
I am involved in a short sale purchase under HAFA, anyone out ther have any insight?
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documentation is submitted…
I am involved in a short sale purchase under HAFA, anyone out there have any insight?
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documentation is submitted…
sherrif's sale is 7-21-10 (MI) I will be gone w/in 30 days How long is the house my resp? Do I have to have homeowners Ins?
insurance-how long is it my responsibility? Ingournd pool-what should I do to keep the neighborhood safe so no one gets hurt?
Doesn't an oral modification (3 month payments) fall under Statute of Frauds, and therefore need to be in writing?
When a bank changes your monthly payment amount, and you make the 3 months correctly, how can they legally just simply say, "sorry, pay the difference now" without ANYTHING sent in writing? Isn't…
Does "Show me the Note" work if you and/or lender have a copy (but can;t find an original?)
There is a strategy during foreclosure that the lender must prove the claim, that is produce the note. What if they produce a copy: is that evidence enough? Isn't this strategy simply to verify you…
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