Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Foreclosure in Contra Costa County : Real Estate Advice

  • All65
  • Local Info5
  • Home Buying37
  • Home Selling3
  • Market Conditions1

Activity 203
Sun Sep 11, 2016
Rich Reed answered:
Information about rentals that are in foreclosure, as well as just about every other thing tenants need to know is here:

Best of luck!
... more
0 votes 1 answer Share Flag
Mon May 23, 2016
Alexander Greer answered:
I would be more than happy to help you.

I do not check replies, so if you have a comment or question email me here:

Alex Greer
Loan Officer
NMLS #1056079
... more
0 votes 1 answer Share Flag
Fri Sep 25, 2015
Frank Alvarez answered:
I find it hard to believe a bank pays $30-$50k to foreclose on a house. These numbers certainly include lost interest and loss of equity not to mention real estate transaction costs to liquidate. In a non-judicial foreclosure state, all that needs to happen is serving papers and some filing of paperwork with the county. I couldn't imagine it costing more than $5k to handle ... more
0 votes 3 answers Share Flag
Sun Sep 13, 2015
kspitzack asked:
Tue Apr 14, 2015
Rosemary.jordan1969 answered:
My home is in foreclosure sale the sale date is today April 14th 2015 is it to late for chapter 13
0 votes 12 answers Share Flag
Thu Mar 12, 2015
Neil Case answered:
In my humble opinion there is a buyer for every house and there are really only two factors that make up the bulk of the success or failure of it selling. It does not matter what the market conditions are and it does not matter the condition of the house if these two factors are done correctly.

First is price. I once sold a house that was half burned down and wasn't even habitable. Because the price was what it was supposed to be. Price the house according to the condition of the house, the condition of the market and the comparables that support it's fair market value. The best house on the planet and the best realtor in history are unlikely to get an overpriced house sold. Know how you can tell a house is priced incorrectly? Look at average market time for that area and price segment. If your house has been on the market more than 150% longer than that, then the market has spoken. Either adjust the price or take it off the market.

Second factor is exposure. Even if the house is priced correctly but nobody knows it's for sale it is also unlikely to sell. You and your realtor CANNOT impact the value of the house. The market dictates the value and price. But your realtor CAN impact how much exposure it is getting. The more people who see and see it in its best light with its best face on, the better your chances of finding your buyer (it only takes one). With that said, don't expect your realtor to spend a million dollars advertising an overpriced house. All the advertising in the world is not going to change the market value.

So there you have it. Those are the ONLY two factors involved in selling a house. Some say, "the condition of the house" or the market direction or this or that etc etc. EVERY other factor will fall under one of these two major headings. It's all about price and marketing properly. After that then it's all about negotiating the best deal once you have a buyer on the hook.

Good Luck and Happy House Selling. Keep on the Sunny Side.
... more
0 votes 16 answers Share Flag
Thu Feb 5, 2015
Randy Stoker answered:
Please provide an address so I can respond, thanks!
0 votes 2 answers Share Flag
Thu Dec 11, 2014
Claudia Muller answered:
Old question, but still very current.
Although the home owner (seller) may not want to assist with closing costs on a transaction...especially in today's market in Contra Costa County...but as a lender, we can set your interest rate slightly higher and apply the lender's rebate toward your closing costs. In most cases, we can cover the bulk of those costs.
There is also a down payment assistance program available for buyers. The buyer does not need be a first time homebuyer for this program.
... more
0 votes 8 answers Share Flag
Tue Nov 11, 2014
Hot Buyer answered:
Check free real estate information website such as for a free property report. You can see if the notice of default has been filled or any lien or judgement on the title of the property ... more
1 vote 6 answers Share Flag
Thu Nov 6, 2014
Mark Leach answered:
I am just realizing that we will probably have to file for bankruptcy. Will I be able to keep my home if I file for bankruptcy? The home is mortgaged so I am assuming that I won't be able to keep it. Is there a professional that I consult about this?
mark Leach |
... more
0 votes 11 answers Share Flag
Thu Oct 30, 2014
Claudia Muller answered:
Hi Wilfredo, You definitely want to call your loan servicer (where you send your payments).
They will, most likely, refer you to the loss mitigation department. This department will work with you to set up a payment plan to make up the back payments, etc.
Whatever you do, do it quickly. There are less foreclosures these days and with your area being very desirable area in which to live, the bank will work to foreclose quickly.
Time is of the essence for you. Call your lender now!!
... more
0 votes 6 answers Share Flag
Sun Sep 21, 2014
Jason Wheeler answered:
HOA dues cover garbage, maintenance and landscaping among other things that the homeowners and the board determine needs attention. This is determined by the HOA board and is different for any given condominium project.

Property taxes are typically calculated at 1.25% of the purchase price yearly. After the first year the Tax Assessor will re evaluate them.

Does this help you?

Jason Wheeler
... more
1 vote 3 answers Share Flag
Tue Sep 9, 2014
takiya answered:
I am fighting the same thing here in San Diego. I've lost two homes that I was interested in to flippers. First listed at 205, when they got done it hit the market at 368. The second listed at 215 and hit the market at 425. Both are sitting on the market and now I hope they rot there. Problem is that they (flippers) think they know the market. I want a 2/1 not a flipped 3/2. I don't like the style of cabinets or the flooring that you put in and I'm a little upset that you think it needed another bathroom and a walk in closet and now the "master" bedroom is smaller than the 2nd bedroom. What I think is funny is that people are starting to realize that they can go a mile or less in any direction and find a home that has twice the square footage in a great neighborhood, with great schools for less money. Oh and to the agents (I know they are not supposed to but they are) who take the contract and run to the financial broker first so they get the deal and the agent collects a $10,000.00 finders fee. &*&(&($%## ... more
1 vote 25 answers Share Flag
Tue Jul 1, 2014
lilmorena94014 asked:
Add some detail about your question
0 votes 0 Answers Share Flag
Wed Jun 25, 2014
Cindy Davis answered:
Hi Ann,

Trulia gets foreclosure data from another source. Why they publish it is beyond me...I've found that it only confuses folks.

Generally, most foreclosures are either sold at the trustee sale to investors, or are sold through an agent on the mls.

To my knowledge, you really can't do much with the data that Trulia offers.
... more
0 votes 1 answer Share Flag
Mon Apr 21, 2014
Dan Tabit answered:
I've read this and most of the other post. We can't really offer you much help. First a short sale is always contingent upon the lienholders final approval. The seller receives no funds from the transaction unless approved by the lienholders. Commissions are often reduced, so agents tend not to like them. The wait for approval can be months, not weeks and approval is never guaranteed. I've had lenders demand higher prices, but usually only once, not as you've experienced.
To be brief, Terry gave you good advice. You're unhappy and have concerns. Your agent hasn't satisfied you. The only hope you have of getting clear answers may come from your agents managing broker. They may not be fully versed in the transaction right away, so your agent should be there too.
... more
0 votes 2 answers Share Flag
Mon Apr 21, 2014
vilmita20878 asked:
the date of my original offer. I sent it via email to my agent.
However, felt uneasy about the way the transaction was being handled and became suspicious. I immediately rescinded the…
0 votes 0 Answers Share Flag
1 2 3 4 5 6 7 ...
Search Advice