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Foreclosure in 11706 : Real Estate Advice

  • All47
  • Local Info3
  • Home Buying18
  • Home Selling5
  • Market Conditions0

Activity 6
Wed Sep 21, 2011
Javier Meneses answered:
You do not even have to sell the house. You should ask your bankruptcy attorney to confirm, but if you're in the process of filing for bankruptcy (I assume it's chapter 7), you should be able to include the house and not even have to go thru the process of a short sale or foreclosure. Good luck! ... more
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Wed Feb 9, 2011
Laura Feghali answered:
Hi Sana,
I'm just following up. Were you able to find the information from the tax records and prove that you are no longer the home owner? I'm just curious as to how things went.
Thanks and Good Luck!

Laura Feghali
Prudential Connecticut Realty
... more
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Fri Aug 27, 2010
Valerie Middleton answered:
There are many deals available, you must be diligent in finding them. I would recommend your neighborhood resources, like the neighbors, businesses. They are the BEST source of good leads because they live and work there. Good luck on your search. ... more
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Wed Aug 18, 2010
Bruce Lynn answered:
You can also look at my website for some other resources. Click on the forclosure link to see the list. Your realtor can also help you. Most of the homes I also see at auction now are foreclosures that did not sell with realtors. There are also links to the major auction sites there as well. Almost all HUD homes are foreclosures and you can check out their vendor site for your area. There are some listing services you can often use that also list the foreclosures before they happen, but it depends on what strategy you have to buy them. If you can buy for cash at the courthouse steps you might want one of the list services. If you want to pick them up after that and use bank financing, then use a realtor. ... more
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Wed Dec 30, 2009
Thomas McGiveron answered:
It's part of the real estate business. Agents, like myself, who enjoy this aspect of the business, choose to specialize in reo's. It's fast-moving and it's always a necessary part of the real estate market.

I enjoy dealing with banks because it's very dry and to the point. Don't get me wrong, banks and loan servicing companies can be VERY difficult to work with, but all-in-all, it's demanding and I like that.

There is also other avenues for income, not just selling properties.
... more
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