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Foreclosure in Baldwin County : Real Estate Advice

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  • Home Buying5
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Activity 27
Thu Nov 3, 2016
Angelica P answered:
Hello,

We didn't get enough information about your problem to resolve the issue. Please provide us with complete property address and we will be happy to assist you.

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
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0 votes 1 answer Share Flag
Fri Apr 10, 2015
Dave Harbour answered:
It seems to be an advertisement. I had an existing client contact me a few hours ago about a foreclosure on Perdido Beach Boulevard that was the same deal. I think there is a reason they don't provide a specific address!

Best thing to do is contact an agent. FYI, the ad you saw was for a lot in Bear point (where I live) and 1/4 acre or less residential lots run from about $40,000.00 to $75,000.
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Wed Feb 11, 2015
Sandra Harper answered:
0 votes 6 answers Share Flag
Sat May 31, 2014
Tommy Johnson asked:
Tue Jan 7, 2014
Glenn Gwaltney answered:
Alkeshia,

I would recommend a mortgage broker because they are researching several lenders to find the best terms and rates that fit your needs. The mortgage broker will tell you what documents you need to provide. You should expect an answer from the broker in 1 to 2 weeks.

Glenn Gwaltney
Century 21 SSM
Robertsdale, AL 36567
cell 251-223-1927
grgaubie@gmail.com
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0 votes 3 answers Share Flag
Thu Oct 17, 2013
Richard Byrd answered:
Amber,

I am familiar with the property your are inquiring about.

Please feel free to contact me at 251-213-3823 for more information on the status of this property.
0 votes 2 answers Share Flag
Thu Oct 10, 2013
Tina Golden answered:
I have a foreclosure listed in Silverhill. It has .85 acres, 1700+ sqft , 3bdrm-2bath with bonus room and it also has a swimming pool. To view add'l information and pictures you can type in address here on Trulia or go to my website.

Address: 22596 Co. Rd 49, Silverhill
baldwincountyforeclosure.com

Please contact me, if have any questions or would like to view home.
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0 votes 2 answers Share Flag
Fri Oct 4, 2013
bobbygbrown51 asked:
Wed Oct 2, 2013
Tina Golden answered:
If you purchased property at foreclosure sale, I have found in Alabama law
"While the statutory right of redemption may be assigned or waived, the right is forfeitable for statutory cause in only one instance: where the debtor or mortgagor, or anyone holding possession under the mortgagor or debtor, fails or refuses, upon the ten days' written notice, to vacate and deliver possession to the purchaser at foreclosure under Ala. Code 6-5-251".

If you would like to discuss more in depth, please give me a call.
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0 votes 5 answers Share Flag
Thu Apr 18, 2013
Mary McNair answered:
There doesn't appear to be anything available at this time in that specific neighborhood.

Are you willing to consider other options in the nearby area?
0 votes 1 answer Share Flag
Thu Apr 18, 2013
ggweekley asked:
I would like to know where and when it is going up for auction
0 votes 0 Answers Share Flag
Wed Feb 20, 2013
Mary McNair answered:
Exact closing costs will vary from transaction to transaction, but typically the buyer is responsible for paying to have documents prepared and the deed filed with the county, as well as home inspection and all costs associated with your financing. The there is a well, your lender will likely require that you have the water professional tested. If you're buying land, you may need to get a perk test if you would have to use septic due to public sewer not being available.

Items that are usually paid by the seller, but are up for negotiation, are surveys and home warranties, if requested by the buyer in the offer. You also want to require the sellers to purchase a title insurance policy which insures they have the legal right to sell the property and there are no problems with the chain of title. (Foreclosures can't provide clear title until after a full year has passed from the date the property was sold at auction, so beware.)

There are so many details that have to be considered, let me help you. Once we find the right house, we'll go over the specifics when you are preparing an offer. At that time, I will provide you with an estimated closing statement so you can have a general idea what to expect to come up with at the closing table.

Give me a call and I'll be glad to assist you from beginning to end.
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0 votes 1 answer Share Flag
Sat Nov 19, 2011
Julie Martin answered:
We have been dealing with a lot of foreclosures in South Baldwin County for a couple of years now. Foley gets the domino effect from the gulf condos. The higher the prices the gulf condos are the higher it pushes the property values in Foley. Unfortunately, for property owners right now, the reverse has happened and prices have dropped drasically. There are a lot of second home and investor homes in Foley and since the majority of all foreclosures have been non-primarily resident real estate, this market has been hurt. I think Foley is one of the best places to buy right now. The prices are so good and when the foreclosures ease up here and in the gulf condos I think the values will go up more quickly here than in other areas. I have had a lot of fun helping buyers (mostly second home and retirees) find deals in Foley in the past couple of years. It's a great area! ... more
0 votes 3 answers Share Flag
Thu Sep 22, 2011
Sally Grenier answered:
If you are interested in buying, then you should find a Realtor, who can work for you as a Buyer's Agent. He/she can look into this property and see if it's still available.
0 votes 1 answer Share Flag
Wed Apr 13, 2011
Shane Willis answered:
This is a trend that will continue. Banks are even coming out with programs that encourage short sales over foreclosure. The banks just don't want any more homes. With that being said, The price is negotiable to a point. Are you going to pick up a short sale at 50% of it value (HIGHLY unlikely) I don't like sayying never.....At the same time could you pick up a short sale 15-20% below market value.Yes. The pro's to a short sale is that most of the time the owner is still living and maintaining the property, whereas a foreclosure it is unknown how long it has been neglected. Cons. Sometimes Short sales can take a while.....You can read horror stories about a bank dragging them out for months. So if you need to move withing 60 days I would shy away from them. Hope that helps

Good Luck

Its a Good Life
Shane WIllis MBA, CDPE
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1 vote 6 answers Share Flag
Sat Apr 9, 2011
Shane Willis answered:
Its around 275 a month. Were you able to gte a viewing of the unit?
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Fri Apr 8, 2011
Shane Willis answered:
Keep your documentation and if a deficiancy is filed contact an attorney to find out options....if any. That is really all you can do at this point.
0 votes 3 answers Share Flag
Fri Mar 25, 2011
David Cooper answered:
Right on the trulia search bar is a "Buy" column. Click on the BUY and the forth choice down is a List of Daphne Foreclosures. Trulia has the answer for your foreclosure search


David Cooper Las Vegas Foreclosure House Investor. Ask for FReee List of Bank Owned Cash Flow +1-7024997037 davidcooper@lasvegaswinner.org not a real estate agent
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