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Foreclosure in Davenport : Real Estate Advice

  • All66
  • Local Info7
  • Home Buying25
  • Home Selling1
  • Market Conditions7

Activity 4
Tue Jan 20, 2015
USMortgageRanger answered:
Thanks for your service to our country from one Veteran to another. You question is not very clear. Are you looking at a foreclosed home?

We are the Nation only veteran-owned, federally chartered bank with a focus on educating customers about the mortgage process and providing opportunity for home-ownership. We have complete control of the entire Lending process with the ability to lend in all states. We specialized in FANNIE , FREDDIE, VA, USDA direct, Jumbo, Non-Warrantable Condo, Asset Based Lending, Foreign National, Construction Lending and conforming bridge Loan, As an FDIC bank we have the ability to lend nationwide. As your lender of choice we are here to help you make the best decision for your family based on sound responsible, knowledgeable financial guidance.


My Office hours are from 08:00 AM-07:00 PM Mon-Fri & Sat 10:00 AM – 06:00 PM CST. I look forward to talking with you.

Lowell E. Sterling
Mortgage Banker
NMLS# 968898
The Federal Savings Bank
Direct: 512-717-0403
Mobile: 469-347-3572
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Sat Sep 3, 2011
Chrissi Jasso answered:
I would answer this a little differently. I sell many foreclosed homes that need many repairs, but that is apparent when you view these homes. Others may need very little if any work at all. I sell many homes that are in move in ready condition as bank owned homes. A home inspection is always recommended when buying any home, but especially a bank owned due to the lack of a seller's disclosure. International customers purchase foreclosures all the time, via cash or financing. You often can get a great deal in price if the home does need repairs, and you are willing to take on that work in exchange for the lower price. Normally the repairs needed are general cosmetics, flooring, paint, appliances, and minor upgrades. Good luck on your home search! ... more
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Tue Aug 2, 2011
Ked asked:
I was married on June 25, 2011 and my husband owns his own home in Illinois. My question is can the bank change it's mind if I'm now married and use my husband's assets against…
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Tue Nov 17, 2009
John Stimson answered:
I think you are talking about a home that is in pre-foreclosure. If that is true, the tentative sale date is the date that has been scheduled for the sheriff's sale. This date is tentatively scheduled because the owner of the property can bring his payments current, sell the property, etc before that date and the sale will be cancelled.
Hope that helps.
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