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Foreclosure in Brown County : Real Estate Advice

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Activity 5
Tue Sep 18, 2012
Nan Brennan answered:
Tue Jun 14, 2011
Matt Norem answered:
Is this a short sale? Foreclosure? Fair market sale? Do you have a financing contingency? Did you provide notice of satisfaction of that contingency? Have you spoken with the lender? An attorney? Too many questions yet to offer you any suggestions. Talk to your Realtor! ... more
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Sat Apr 2, 2011
Steven Walczak answered:
Tue May 25, 2010
Craig Amundson answered:
If your looking for a brokers price opinion I can help you with that, I have been doing them for over 25 years in the Green Bay market area.
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Sun May 31, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
If you filed bankuptcy, that will be on your credit report. If the bankruptcy is discharged, that is the date underwriters use as the starting point for starting your new credit history. According to fnma underwriting guidelines you will not qualify for a new home purchase for 5 years after the bankruptcy was discharged. If the bankruptcy was not discharged, but was dismissed, you could have a foreclosure on your record too!
Both items will be on your credit report.

Look at the fnma guidelines for a complete understanding for when you may qualify for a new home purchase.

https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0816.pdf


Keith Manson
Firstweber Group
Certified Distress Property Expert
Greenfield,Wisconsin
... more
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