Thank you for your inquiry. I am a real estate agent for Keller Williams. We are a # 1 real estate firm in many parts of the U.S.
I can refer you to some excellent agents in the Gregory Ranch area if you are interested. After I refer the agents, I suggest you call or meet with each agent to see who you feel comfortable working with. Buying or selling a house can sometimes be a long process and you should feel as comfortable as possible throughout the process with your chosen agent.
I am just realizing that we will probably have to file for bankruptcy. Will I be able to keep my home if I file for bankruptcy? The home is mortgaged so I am assuming that I won't be able to keep it. Is there a professional that I consult about this?
mark Leach | http://www.brackettandstrunk.com/bankruptcy-debt-relief-knoxville-tn.html... more
Not sure of what house you are talking about. However, the link below is a list of every house for sale in Brentwood. If you are interested give me a call. If you need a loan I can put you in touch with a quality lender.... more
A good source of information regarding HOA's in Brentwood can be gotten from a local title company or you can call the City of Brentwood's Community Development Department and they have a list.... more
First let me say that a short sale is not a 'right' and your lender will need to agree to do it. With regards to property taxes, they will need to be settled in the transaction so the buyer gets title free and clear. In addtion to property taxes you will receive a 1099 for the amount of forgiven debt. You may or may not owe income taxes on this amount. Finally when the rental property is disposed of there will be a gain or loss on the sale. You should get professional tax advice on what your tax liability will be before deciding how to proceed.
Good luck,... more
I agree with the other answers, contact a real estate attorney knowledgeable in this area.
You may wish to post this type of question on www.lawguru.com
You can get some free advice there from a lawyer.... more
Fannie Mae Servicing Support Center 888-326-6435. They can answer your questions. And they will work with you.
Best of luck,
Isabelle M.J. Javier
People & Properties
Sotheby's International Realty
360 Diablo Road
Danville, CA 94526
Thank you for your question about foreclosure listings in Brentwood, CA. I suggest checking the bank websites to see if any hit the market. Bank of America, Fannie Mae, and Chase all list their foreclosure properties on their respective websites.
This is not a substitute for working with a good local agent. This is Cyber Research you can do on your own.... more
I would contact landlord find out situation, He or She may be trying to negotiate with the bank. I would give notice and move out there are plenty of good homes that are not in forclosure, landlords have been notorious for keeping deposits lately. Screen your new landlord make sure they are not in default.... more
I couldnt agree with Gene more..I believe a lot of us Realtors are seeing too much fraudulent practices happening by the loan mod specialists. Since I started loan mods for free, I've been fortunate enough to help get some of the money my clients paid back but there have actually been instances where the "loan mod office" has disappeared!! Loan mods do take a lot of work but it's well worth it as I get tons back in good karma and referral business. You dont need to be an attorney or a real estate professional to do a loan mod, you can do it on your own if you like. However, because of the time and paperwork involved, most people would rather just pay someone else to do it. Movin on, please feel free to call or email me if you have any questions.... more
It sounds to me as though it would make sense for you to speak with a short sale expert about your options. Brentwood is not in my area, however I'd be happy to refer to someone that could analyze your situation and help you learn your options.
Normally in a short sale if the home has not been re-financed (the mortgages are purchase money loans), it is probably unlikely that you would "have to take" a promissory note. The problem is that not all Realtors who represent sellers in short sales are equal in negotiating skills. In most cases the lender "would like" to have the seller take a promissory note...why not tell them they "have to ". Yet, most business professionals know, that EVERYTHING is truly negotiable.
It is impossible to say with any certainly what the second will do. It just depends on the bank and if the second was original purchase money or a refinance where you pulled money out of your equity. I would suggest you contact an attorney and a CPA right away to discuss your particular situation and what steps to take to protect your other assets. You need the expertize of professionals, including a real estate agent, to make the best decision.
How much contact have you had with the owner lately? I recently knew of a tenant that was able to get his deposit back over a few months by just staying in contact with the previous owner and working with them. You can take hime to court and get a judgement but it may not payoff for a while. What you dont know is that he/she may have other assets/houses and a judgement may help, but I would try the sweet approach first. I have meet many well-to-do people letting houses go. Hope that helps :)... more