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Foreclosure in Chattanooga : Real Estate Advice

  • All277
  • Local Info46
  • Home Buying90
  • Home Selling9
  • Market Conditions14

Activity 14
Sat Oct 25, 2014
spearsjim answered:
NAARPI International, They are the recognized leader when it comes to education to the property preservation and field inspection industry. Their course work is second to none and recognized not only in the United States but overseas as well. NAARPI International offers several courses including CFI, CPPS, CWT, MPPS and State Approved real estate course to help you gain your license. NAARPI International's course are fully accredited and are offered in a live classroom environment or online for those who prefer distant learning and learning at their own pace. ... more
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Tue Jan 21, 2014
Diane Burke answered:
Tara, I see 5504 Kenyon for sale. It is a foreclosure and it is under contract with some type of contingency. Let me know if I can help further.
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Sat Dec 14, 2013
Elsieglodek answered:
Hello Julie, the same thing happened to me and my husband we got our house in 1998 and started with Country wide, making payments every month not knowing they were forclosing us. We did the same Chapter 13 to save our home not knowing we truly did not have to. But wells Fargo and Country wide having us beleive we did. We then split up for long time after because of the agravation. My husband stayed in teh house. He had a settlement they talked him into putting 50 grand on it yet still forclosed and told him he had no time to get anything out. Lost alot of furniture and childrens items. Now I just find out they took our home illegally and not sure what can be done about it because we had a flood in basement and lost alot on important paper work. I am going crazy knowing this and am hoping we can do something about it. Really messed my family up for a long time but we did recently over come all and are back together. I wish you luck Julie,

Lc in Pennsylvaina
... more
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Sat Sep 14, 2013
Grace Frank answered:
Short sales are very tricky these days. I recently had one and the bank wanted more than the best offer we had after 120 showings and 5 offers. My client ended up bringing money to the table to close. 5 days from closing we found out though the closing was set they by accident foreclosed on the property the week before. It took the entire week to get the foreclosure reversed and close with the seller bringing money to the table. They seem to be more interested in foreclosing these days than working with the sellers. ... more
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Sun Jul 29, 2012
You would need to consult an attorney for legal advice. A CPA would be needed for tax advice.
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Sun Jan 23, 2011
Eric answered:
If you have a specific local area you are looking at, then take the advice given. However, if you're looking to get an idea of a market or several markets/neighborhoods, the paid lists might be the way to go, only to save you hours of time gathering info from multiple banks, county clerks, courthouses, agent lists, etc etc. Just a timesaver to start off.

Hope that's a helpful way of looking at it, time is money!
... more
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Thu Oct 14, 2010
Susan Worley answered:
As of right know on our local multiple listing site this property is showing contingent.
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Mon Jul 19, 2010
Becky Cope English answered:
Certainly! If you have an agent, your agent can make inquiry on what the contingencies are in place. It could be financing, home inspection or many other things. For example, the buyer may have a house to sell. In that case, the owner may want to accept back-up offers. If the first offer goes away, the back-up offer moves to first position. It's always worth a try. Also consider that buying a foreclosure takes a lot of patience. Good luck! ... more
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Sat Jul 17, 2010
Linda Anderson answered:
I think I would to because most people do that. I have lost properties for clients by not telling them to bid above asking price. This sounds like a HUD property and if they are decent properties they go fast. Even the worst properties sell but takes awhile. I think it is wise to bid higher if the property is worth it. ... more
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Thu Feb 4, 2010
James Gordon ABR SFR SRS answered:
Tewinger in my experience most of the forclosure attorneys also have a title company. That title company is normally the closing title company for the lender on a REO. They have been working the title from before it went into forclosure. ... more
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Sun Sep 27, 2009
Mecshell Wright answered:
Hello Tonya.
I may be interested in working with you to help get you out of this unfortunate situation. As a mother of two, I understand what you are going through. If you are willing to consider the possibility of having my company take over the existing financing of your home, this would be a great opportunity for another family as well..

I have done this with families before to keep them from going into foreclosure and had some stopped days before their home was to be sold on the courthouse steps. Please Tonya, do not wait and let this happen to your family. I have the solution! Together, we can save your family and your credit. Please click on my name that is linked to my profile to see how committed I am to helping others.

Go to my website, to fill in your contact information and I call you back as soon as possible. I look forward to hearing from you soon Tonya.

Be at peace and prosper.

Mecshell Wright, District Manager/Investor
Home Buyer & Seller Solutions, Inc.
... more
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Wed Aug 12, 2009
Grace Frank answered:
there is a really cute foreclosure that just came on the market on duncan. value $145K price under $100K
great area and great neighbors. I live in the area and this one is really cute. If you are still looking.
Grace Frank
... more
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Tue Oct 23, 2007
Pam Winterbauer answered:
Congratulations. If you are still in the inspection contingency period you can ask for a credit. The bank may not consider it a health and safety issue. If that does not work you got a great buy and close asap as there may back up offers. ... more
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