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Foreclosure in Clermont : Real Estate Advice

  • All249
  • Local Info28
  • Home Buying84
  • Home Selling7
  • Market Conditions11

Activity 9
Thu Mar 23, 2017
Joanne.borthwick asked:
Mon Jun 9, 2014
Anna M Brocco answered:
Before considering the sale, you may wish to protect yourself and consult with your attorney, or at the very least one that specializes in real estate....
0 votes 1 answer Share Flag
Fri Aug 5, 2011
Ron Thomas answered:
One of the reasons why Shortsales are so prone to failure:
The Bank is impersonal; that don't give a hoot about the Homeowners; there is no space in their Annual Report for them to list the friends they have made, only the dollars. ... more
0 votes 6 answers Share Flag
Thu Apr 21, 2011
Ken Anderson answered:
Any of us agents should be able to assist you in finding a good property. There maybe some others you are missing so I'd suggest getting an agent .

I know I do what I can to respond quickly as I don't want my delay costing anyone an opportunity for a home. It isn't always the cash buyer that will cause the problem so there is hope.

All the best,
Ken Anderson
ApexOne Realty, Inc
... more
0 votes 11 answers Share Flag
Tue Oct 19, 2010
Rach55 asked:
Fri Apr 2, 2010
Jason Stevens answered:
No way to know that unless you contacted the owner of the property. Whats the address?
0 votes 1 answer Share Flag
Mon Dec 14, 2009
Mark LeMenager answered:
I too am confused by the comment/question. Rent is about a contract between a tenant and a landlord. Thrid party considerations are not part of the equation.
0 votes 4 answers Share Flag
Wed Mar 25, 2009
Joellen Stranger-thorsen answered:
If it is the owner the occupant would be ordered to immediately vacate the premises at the time of the judgement.

If the occupant is a tenant of the previous owner I believe there is a process that has to be followed with law enforcement and that process can be lengthy. As a lanlord I know if I have to file eviction proceedings I am looking at three to six months depending on how willing the tenant is.

I hope this helps answer your question.
... more
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Fri Mar 6, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
The debt after a foreclosure sale is determined by the way the bank forecloses. If they foreclosed with deficency right they have the right to go after other assets. The foreclosure will clear the property of liens for the resale of the property, but does not clear the judgements for you depending on state law. If you had a second the second has the right to go after their money. If the value of the property is less than mortgage, the lender could put the short fall on the credit report and hire collection agencies to collect it. You should contact a attorney in your area to go over what the state laws alow and what options you may have. ... more
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