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92646 : Real Estate Advice

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  • Home Buying18
  • Home Selling0
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Activity 24
Thu Nov 2, 2017
bnewberry asked:
22111 Islander Ln, Huntington Beach was NOT sold at foreclosure sale and is not being listed by the bank. It is under a Notice of Sale, but has not gone to sale yet and the owner is trying…
0 votes 0 Answers Share Flag
Fri Jun 30, 2017
Faith answered:
Hi,

In order for you to re-post your room for rent listing, please follow the instruction below.

From the Trulia homepage, hover your mouse over the 'Rent' tab.
Click 'Post Your Rental Listing' at the bottom of the drop down.
Under 'Post a room', enter your address and click 'Continue' (if you click 'Post a home or apt', you will be redirected to our partner site, Zillow Rental Manager).
Follow the rest of the prompts to add specific listing information.
Once you click 'Publish', the listing will appear on Trulia within 1 hour.

Thank you for using Trulia!

Faith
Consumer Care Advocate
http://www.trulia.com/help/ask/
... more
0 votes 1 answer Share Flag
Thu Jan 26, 2017
Nicole Fedorchek answered:
Typically, distressed properties don't come with keys. You usually have to gain entry through a locksmith or by "breaking in" .... just make sure you have all your paperwork with you to prove ownership!
Nicole, Tarbell Realtors
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0 votes 1 answer Share Flag
Tue Nov 22, 2016
Nicole Fedorchek answered:
Hello!
I am a local Realtor, and I can assist you with this! There is currently 1 unit available in this complex- a 4-bedroom listed at $569k.
Please contact me directly if you would like additional information!
Nicole
... more
0 votes 1 answer Share Flag
Wed Oct 12, 2016
Angelica P answered:
Hi,

I am happy to help you get your listing posted on Trulia.

If you would like to post a rental on Trulia, you will be redirected to use our partner site, Zillow Rental Manager, to list your rental on Zillow, Trulia and other top sites. Please follow this link for instructions on how to post a rental listing:

http://www.trulia.com/post-rental/

If you have additional questions or have issues with posting your listing, please reply back to this email and I will be happy to help you.

Zillow Rental Manger Help:
https://zillowrentalmanager.zendesk.com/hc/en-us

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
... more
0 votes 1 answer Share Flag
Tue Sep 15, 2015
Whim626 answered:
my home was just bought at auction today by my morgage company in florida. how long before I have to leave?
0 votes 19 answers Share Flag
Tue May 12, 2015
Nicole Fedorchek answered:
I emailed you directly a few days ago!

Nicole Fedorchek, Tarbell Realtors
0 votes 4 answers Share Flag
Wed Apr 15, 2015
Kevin Dickinson answered:
0 votes 3 answers Share Flag
Sun Dec 21, 2014
Diane Christner answered:
Is this a foreclosure or is the owner doing a regular sale via an auction?

I am assuming it is a foreclosure. The federal Protecting Tenants at Foreclosure Act (PTFA) of 2009 applies to all foreclosures of residential properties after May 20, 2009.

The law states that bona fide tenants who entered into a lease agreement BEFORE the foreclosure case was filed are entitled to stay in their home until the end of the lease term. Bona fide tenants who enter into a lease agreement AFTER the foreclosure case was filed, including month-to-month tenants and those with oral leases, are entitled to 90 days notice before they may be evicted from the property.

However, if the purchaser of the property at foreclosure choose to use it as their primary residence, they can terminate a lease agreement by giving the tenants a 90 day notice regardless of the remaining time of the original lease.

Therefore, the bank or other "successor in interest" will be required to honor the terms of the lease unless it sells the property to a buyer who intends to owner occupy. You as tenant would still be required to be given a 90 day notice to vacate.


This PTFA legislation was set to expire in 2012 but the Dodd-Frank bill extended it to 12/31/2014, so you should be covered.

I would add one piece of advice. Find out what legal representative is on file for the foreclosure and notify them in writing by certified mail that you are a tenant in the property and include a copy of your lease. Some lenders who know the property is not owner occupied have been known to send asset management companies in to change the locks and remove whatever property they find within the home. You wouldn't want to come home and find any surprises like that. If the agent handling the rental refuses to give you the information you can look it up on the county Clerk of Court records under the owner's name.
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0 votes 3 answers Share Flag
Tue Sep 16, 2014
Dan Tabit answered:
Sara,
Be very suspicious of online offers that sound too good to be true. Scams are common here and on any site that allow the public to post rentals. If someone wants you to send money across country or overseas for keys, don't do it.
Agents and property managers can help you find a great place and keep you safe from scams.
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0 votes 1 answer Share Flag
Tue Jul 1, 2014
Zeb Plante answered:
There are a couple advantages with getting your home formally appraised by a licensed professional. This will give you a realistic snapshot of what you can expect to get from the sale of your home on that day. It may also shed light on any potential repairs/fixes that will be necessary in order for a buyer to obtain a loan and purchase the home.

The disadvantages of getting your home formally appraised first will be the loss of the upfront money paid for the appraisal, and keep in mind our market is ever-changing so if you wait too long before placing your home on the market that appraised value may not be realistic.

My opinion.... Interview a competent Realtor and let them give you a Free comparative market evaluation. A local Realtor will have a pulse on the market and advise you the best! Good luck to you!
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0 votes 16 answers Share Flag
Mon Apr 21, 2014
Thomas Moser answered:
I assume this person's issue has been resolved as the question is nearly a year old.
0 votes 18 answers Share Flag
Sat Mar 1, 2014
Jeanette Nelson answered:
As your agent, it is our job to know how to create the longest line at your door so that you will receive multiple offers allowing you to pick the best buyers for your home AND creating a lot of interest at one time so that you will earn top dollar for your home. As a listing specialist, we should have a lot of internet Klout and knowledge since that is where most buyers start their search. As well, we should really be a marketing company on your behalf, along with professional pictures, virtual tours, videos, etc. In addition to getting your home multiple offers, it is crucial that we have skill in negotiating, and managing multiple offers to your benefit. Of course, being fair to all parties involved. I would love to share further with you our marketing strategies for you to choose from. I can share with you how they will go to work for you or work against you. Feel free to call me at 714.366.8575 or email me at Jeanette@NelsonGroupRE.com. ... more
0 votes 26 answers Share Flag
Sun Jan 5, 2014
Shel-lee Davis answered:
The names Mobile and Manufactured homes ("MH") are now used interchangeably. Here are some key issues to know:

1. Most MH are considered personal property and actually depreciate. They are not real estate, which over time actually appreciates.
2. Most MH do not transfer by grant deed. They transfer by a title document which is much like a pink slip.
3. The "property taxes" on an MH decrease every year. However, make sure you read your space lease documents well, as you might also be responsible for paying the real estate property taxes on the space you are renting.
4. Space rents tend to go UP over time.
5. MH are subject to the Mobile Home Residency Act. One of the less MH owner friendly clauses allows the MH Park to foreclose on you (in as little as 60 days) for non-payment of space rent.
6. You do not finance a MH with a standard mortgage. The financing for these properties is more like financing a large vehicle. Depending on the age of the actual MH, your credit score, and the MH Park, you can finance up to 95% of the purchase price for up to 20 years.

Be careful when buying a Mobile Home. Make sure you understand what you are buying and that you get all the correct documents and disclosures about your purchase.

Shel-lee Davis BRE #01817412
Real Estate Consultant
International Real Estate Specialist - IRES®
Senior Real Estate Specialist - SRES®
Certified Home Seller Advisor - CHSA®
Certified Home Buyer Advisor - CHBA®
Member - National Association of Certified Expert Advisors - NAEA
Certified Distressed Property Expert - CDPE®
RE/MAX Estate Properties
424-2HELP12 (424-243-5712)
myrealestateanswers@gmail.com
http://shel-lee.listingbook.com
... more
0 votes 5 answers Share Flag
Tue Nov 12, 2013
alhollatz answered:
I am so sorry for you. My situation is different, but very much the same. I have no job at the time, and my son is disabled. Bank SAID the were "working with me" then sold my home at auction! I am devastated, and feel like i am about to have a nervous breakdown, I have no where to live and no funds available. I used to think that people should "save for a rainy day. Keep yourself safe. Have money set aside. I DID all of these things and have spent ALL OF my savings, all retirement money, now am in this hold having chest pain every day. How can it possible be legal to sell your home out from under you when they said that they would help with a modification---I could have had a job to afford it by the time paperwork was done. Please pray, count on Jesus to get you through this. HE WILL, and you will be stronger, and more wise because of it. Go to your church every day, sit there quietly and pray, find Jesus inside of you and you will feel strong. DO not listen to people who laugh or say this will not help. It may not change your home loss, but it WILL CHANGE YOU!!! "I promise, I will never leave you" that is what Jesus told us before He allowed Himself to be crucified. Good luck, you say a prayer for me and I will for you! ... more
0 votes 3 answers Share Flag
Thu Jul 25, 2013
John Arendsen answered:
The client I was specifically referring to was a renter. They received 10k $4K. It doesn't always make a difference whether you own, lease or rent the property. It really just depends on the motivation and intent of the new owner. ... more
0 votes 11 answers Share Flag
Thu Sep 27, 2012
Emily Knell answered:
If you feel like venting your frustrations about your process of going from trying to work with your now previous bank with a loan modification or going through trial loan mod payments, to why you chose not to pursue a short sale, I would love to hear about it. Seriously, I'm obviously not trying to sell you anything at this point.

I'm just trying to understand why there are ANY properties going to auction these days & why some owners are Not taking the short sale route? Think of me as your virtual punching bag, I'm ready for it.

I don't look back on this same Trulia posting for answers after mine.


Emily S. Knell
EmilyKnell1@yahoo.com
562-430-3053 c
Realtor Since 1996
Realty ONE Group
100% short sale success ratio
& I can Prove it
... more
0 votes 5 answers Share Flag
Wed May 18, 2011
Christine Donovan answered:
Copecc

If at all possible, you should continue to pay your HOA dues until the foreclosure as you will still be personally liable for them even if there is a foreclosure. For more information on this, please see the link below.


You might also consider a short sale and should at least look at the difference in the consequences of short sales versus foreclosures or see the links below for additional information.

http://www.donovanblatt.com/sellers/stop-foreclosure/
http://www.donovanblatt.com/sellers/short-sale/

If you have any questions, please contact me at christine@donovanblatt.com
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0 votes 10 answers Share Flag
Sun Apr 10, 2011
Mahesh Mike Patel answered:
Stacy: There a '100' ways to find foreclosures. Do you have the time for it.
Realtors can zone in on the specifics and save you time and hassle.
Let us do what we do best!
Call any of these agents...

Mike Patel
www.mikepatel.com
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0 votes 13 answers Share Flag
Fri Jun 11, 2010
Karen Parsons Fiddler answered:
Hi Dan,

Find a mortgage professional and look into all your options. The CAL-VET can be a great option if you have little/no down payment.....but there are many options out there right now, so look into what's best for you.

I would suggest you start with your bank or credit union and then go from there.

Karen
... more
0 votes 6 answers Share Flag
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