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Foreclosure in 95020 : Real Estate Advice

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  • Home Buying19
  • Home Selling6
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Activity 3
Tue Jun 30, 2015
answered:
Hi Ruby,

If you are in California and have a foreclosure question, I try to answer all of those. It is more of public service thing with me, as I know how much grief people who go through that suffer. I missed your question and can not find it.

In 1993-1995 I actually worked for BofA and our division was attached to the loss mitigation dept and I was actually was the person who communicated with the customers who were losing their homes or if they were destroyed in a fire or earthquake. I have specialized knowledge of the process and know how you may be suffering.

I make it a point to try to help people in that situation if that is your situation please feel free to call me directly, 714-968-2500.

I do not make any money on a call like that, just glad to help people going through a very hard time.
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Thu Mar 8, 2012
Sam Shueh answered:
If all REOs are released together they will be absorbed in about 5 weeks. In other words, the REO agents longing for more supply as the demand is strong.
As of March 2012, most of these properties have multiple offers. ... more
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Fri Jul 17, 2009
Wayne Giroux answered:
You may want to check if the county has 'red tagged' any portion of the property. Code violations are not limited to the structure - there can be grading violations or septic systems or wells or a host of other items, some of which can be quite challenging. Sometimes the county will work with a new owner when they wouldn't with the previous owner because the relationship was poisoned along the way - dealing with the county sometimes takes an expert (i.e. engineer). - normally a call to the county with the APN will define the issue, if any (ask open ended questions) for any particular property ... more
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