This property isn't for sale yet. The foreclosure process can take a long time. Once it's done, it can take more time for the bank to hire a local agent and get the house listed for sale. If you're in the market to buy, it's best to hire a Realtor as your Buyer's Agent. Your agent can create a search in the MLS so that you'll be notified the minute it's listed.... more
It is hard to fully understand by what you mean with "bad credit" because we need specifics but I will try to help you. Of course having bad credit can hurt your chances of getting a loan, but it possible with certain lenders like myself. There are some lenders, like myself, that are able to give out loans with credit scores as low as 580 and sometimes lower when its due to hard situations. Even if you are under the credit score of 580, I would be more than willing to point you in the right direction if you'd like to contact me. Either way, I would be glad to speak with you and help you get the loan that you need.
Well I hope this helps! If you have any further questions or if you need a loan, feel free to contact me. Also, if you found this helpful please leave me a recommendation if you can!
Brian Nguyen Sr.
NMLS # 659743
In the Pensacola, FL area as Realtors we can choose from hundreds of features/options in our search engine from the Multiple Listing System. Owner Financing is one criteria we can specify and the MLS system will bring up all homes that Owner Financing is an option on. If I can help with any real estate needs, please do not hesitate to let me know.
3806 Hwy 90
Pace, FL 32571
The seller could have decided to rent the house out or the mortgage company/bank may have declinded taking the short sale and the seller may have just become discouraged and perhaps decided to do deed in lieu, etc.... more
Obviously, all the answers to your questions are in the contract you signed. Any new owner in a short sale or otherwise would most likely have to adhere to the contract--they cannot under normal circustances turn you out on the street. But some good legal advice is definitely in order. If you want out of this mess, you should demand return of your 415,000 less the market rent for the time you have lived in the home.... more
Contact a Realtor immediately and there may be a chance you can do a HAFA short sale and get $3,000 at closing as an incentive. The Realtor may be able to get the lender to stop the auction--unless it's only a week away. When is the scheduled auction date?
Otherwise, I do know that if a well known lender takes the property back they will often give you "cash for keys" rather than go through an eviction.
And you should contact an attorney or if you cannot afford an attorney, contact the local Bar Association and they may be able to refer a "pro bono" (free) attorney to you.
Good luck and so sorry about the loss of your parents.
Our automated system can email you on a daily basis any activity (i.e. just listed, sold etc.) on any listed property in the Pensacola area. Pace Fl is where we are located and if you will provide your email address and the specifics on the size, age, price range, acreage range etc., I will set it up in our sytem to notify you on a daily, weekly, or monthly basis as you wish.
You don't have to search, our system will do it for you.