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Foreclosure in Arapahoe County : Real Estate Advice

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  • Home Buying1
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Activity 28
Wed Jun 10, 2015
Deenateen answered:
To help move its inventory of foreclosed real estate owned (REO) properties, Fannie Mae is offering financing to home buyers that they will not be able to get anywhere else (even through Fannie Mae's regular mortgage programs). The property must be a Fannie Mae REO.

Click here : http://reohomes.org/directory/
... more
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Wed Feb 18, 2015
RonS answered:
is what legal? that your summons was laying in the snow? Your going to challenge its legality. The process server is going to say they posted it on your door, prominently and that the whind blew it off. Then they are going to say, "your honor...whatever, they got the notice". Judge is gonna say, "Good point...cased dismissed" (YOUR case is gonna be dismissed). The foreclosure is gonna continue. ... more
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Tue Jan 6, 2015
Shaun Dixon answered:
Before you begin the hunt for foreclosure properties, take a look at the different stages of the foreclosure process where buyers can find potential bargains on properties
0 votes 3 answers Share Flag
Fri Aug 1, 2014
Dan Tabit answered:
reignn,
If you're looking at a RealtyTrac listing, the price has no bearing on what it takes to buy it. This may have been the amount owing or in arrears. Once bank owned, the bank will decide when to list it with an agent and at that time a meaningful price will be placed on it. ... more
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Sat Jun 28, 2014
Matt Overbee answered:
Hello maplemale, just curious which lender you're working with that will do the loan based on a plumbing inspection report (air test). I'm having trouble finding one that will take that instead of having the water turned on. ... more
0 votes 9 answers Share Flag
Thu Apr 24, 2014
Steve Burgess answered:
Well my friend, no need to feel insecure of your current financial status, as many financial institutes are providing all sort of financial assistance which includes instant loans also. But do check its terms & conditions thoroughly before opting for any. ... more
0 votes 11 answers Share Flag
Fri Apr 11, 2014
Jan Baer answered:
In Colorado, it is 3 years typically, please check with your FHA Mortgage lender. Good Luck!
0 votes 13 answers Share Flag
Mon Aug 26, 2013
David & Maria Landman answered:
sometimes the foreclosure on the first lien will sell the property and all other liens will still outstanding. That is why a short sale is a MUST DO for homeowners in distress since that is the way to take care of second liens and all outstanding liens recorded on your title. If the foreclosure happened being the first lien holder the one who foreclosed, then second liens and all other issues will follow the homeowner with no property to stick around. ... more
0 votes 6 answers Share Flag
Mon Aug 26, 2013
David & Maria Landman answered:
you do not need to go to any private website from any person the public trustee website is free and for all!
0 votes 13 answers Share Flag
Thu May 9, 2013
Gregory Sampier answered:
I agree with what these folks have said. The worst think you can possibly do is "nothing."
0 votes 6 answers Share Flag
Tue Dec 18, 2012
Sally Grenier answered:
I agree with Robert. And...You need to be asking your attorney these questions. If the house was sold at auction on 4/9, and they let you stay there til 4/23? that sounds pretty nice to me. Many buyers (like investors) aren't so nice and could have put you on the street that day, or worse. You no longer owned that home and were essentially tresspassing.

Robert is right on...Recording with the county can take weeks. That has no reflection on when the property actually changed ownership.

And yes, you are still responsible for the HOA fees, trash, utilities, etc. that were being charged to you while you owned the home. If you had pursued a short sale, you could have had all of this negotiated.
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0 votes 2 answers Share Flag
Sat Oct 6, 2012
Esther Harnsberger answered:
Good Day to you, Steve, I am also an investor and Realtor. I'd be happy to assist you. I can be reached at 303-902-1435. Kind Regards!
0 votes 8 answers Share Flag
Thu Jun 7, 2012
Matie answered:
You need to contact the agent and ask him to send you pictures of foreclosure
0 votes 2 answers Share Flag
Tue Jan 18, 2011
Laura Stewart answered:
The best way to research this is to check with the assessors office for the county the property is located in. If you would like me to look into it for you please email or call me directly and I will be happy to help you; StewartSuccess@comcast.net or 720-937-2846. All the best to you Maria! ... more
0 votes 1 answer Share Flag
Mon Aug 16, 2010
Brian Burke answered:
Like the other answers said it is listed now with an agent. The Bank is the Seller and now you must deal with the Agents if you want the Home.
Brian
0 votes 4 answers Share Flag
Mon Jan 4, 2010
Charka answered:
Thanks to all for the answers and additional resources. I will be contacting an attorney to see what can be done to avoid paying this joke of an HOA.

Thanks!
Charka
0 votes 5 answers Share Flag
Sun Dec 27, 2009
Dallas Texas answered:
Why are you leasing your home with negative cash flow?

Have you contacted lender determine if you can adjust your mortgage or a forebearance which could have less of monthly payment till your husband returns to work?

Have you thought about relocating where both of you can be employed ? Texas has a healthy job market many are moving in this area.

Do you realize if you have home foreclosed on what expenses are lease a home? Double, triple or more in deposits OR declined due to foreclosure.

Have you conferred with CPA for any tax write offs of leasing a home in negative cash flow?

Foreclosure will damage credit for years, you won't obtain credit for years, Look long term vs. short term

National Featured Realtor and Consultant, Texas Mortgage Loan Officer, Credit Repair Lecturer
Follow me on Twitter: http://twitter.com/Lynn911
Lynn911

http://www.lynn911.com
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