Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Foreclosure in 07108 : Real Estate Advice

  • All12
  • Local Info1
  • Home Buying7
  • Home Selling1
  • Market Conditions0

Activity 2
Sun Feb 19, 2012
Garry Edwards answered:
Asking a Realtor if he has any short sales or foreclosures deals is the same as asking if he has any homes for sale. There is an abundance of short sales and foreclosures available. The real question if what type of property are you looking for. Do you want to do a rehab or only cosmetic fixes, one-family or multi-family, and also your investment strategy, do you plan to buy and hold or buy and flip (yes flipping still works). And of course your price range and method of financing (cash or mortgage). Get an experience Realtor to help you in this process. If you need my assistance please contact me.

Thanks,
Garry
... more
0 votes 4 answers Share Flag
Fri Nov 5, 2010
Desari Jabbar answered:
Cash for keys is a cash settlement the bank offers an occupant in a foreclosed home to vacate the property in a negotiated time frame. If the property has not been foreclosed on yet, then the owner is still the current homeowner not the bank.

For more information on this, please read my blog
http://www.trulia.com/blog/DesariJabbar/2010/10/tenants_rental_home_in_foreclosure_you_have_rights
... more
0 votes 5 answers Share Flag
Search Advice
Search

Followers

310