Foreclosure in Greenwood : Real Estate Advice

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Ash Nicole, Home Buyer in New York, NY
Ash Nicole answered:
Why would Wells Fargo out bid me at the Sheriff Sale?
Most of the answers I read here are wrong. The Bank bids to the total debt so they get paid. Many loans serviced by banks are not owned by them. Additionally many loans have PMI (insu ... more
0 votes Share Flag Sun Oct 16, 2016 Foreclosure in Greenwood
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
When a lender buys back his property at sheriff's sale, is he really buying this with money? Or is he just taking it back?
Since the lender has already spent his money - it's more like "taking it back."
0 votes Share Flag Sat Jan 31, 2015 Foreclosure in Greenwood
Tom McCollis…, Real Estate Pro in Indianapolis, IN
Tom McCollister answered:
I saw a house I really want. I saw on the door some foreclosure papers. Can I inquire to buy this house before the foreclosure is done?
You might be able to get it when it goes to sheriff's sale, depending on where it's at in the process. To do that, you'll need all cash, and won't have the opportunity for a home inspe ... more
0 votes Share Flag Fri Sep 26, 2014 Foreclosure in Greenwood
Douglas Thom…, Real Estate Pro in Greenwood, IN
Douglas Thompson answered:
I want information on recent foreclosed home at 560 Marguretta Ct, Greenwood, In. How do I get information on this property held by Wells Fargo/FHA?
Tony, There was a Sheriffs sale October 21st on this property, it looks like a bid was accepted for $189,443.60 on the this property.
0 votes Share Flag Wed Nov 3, 2010 Foreclosure in Greenwood
Jim Weaver,  in Greenwood, IN
Jim Weaver answered:
when will i know if my sealed bid is excepted?
They will send you a email at the address you gave on the Bid.
You will have only a few days to get earnest money sent to them.
You should use a service like Fedex to track things
0 votes Share Flag Wed May 28, 2008 Foreclosure in Greenwood
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