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Des Moines : Real Estate Advice

  • All13
  • Local Info0
  • Home Buying5
  • Home Selling1
  • Market Conditions2

Activity 18
Fri Jun 16, 2017
Ursula Bestgen answered:
they put notice on my door that auction was to be in february which i started a bankruptsy to get sale stopped. and it was. however i did not get bankruptsy paperwork in so sale resumed for may 12. how may 11 i got notice on my door that sale was set for sept 8 2017.. i was super happy about it . but on may 12 in the afternoon a guy rolls up in mercedes and said he just bought my house. I freaked out. i feel wells duped me and i want to get my house back ad sue them.

the auction on may 12 was for the 1st loan.. the one on 9-8-17 is for second loan. but they timed it perfectly and it feels illegal. is it. and do i have any options
1. get home back
2. sue wells
3. get more time in home after unlawful detained. ( iwas served and evicted) how long before the sheriff comes a knocking????
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Mon May 29, 2017
Alex Foraker answered:
Hi John, you can look at the county assessor websites which are public information to obtain an owner name. You can simply Google King County Assessor to follow a link to the website as it appears you're interested in Des Moines. I would be happy to provide information as well if you'd like to send me an email with requested criteria. Please advise if you need further assistance, happy to help. ... more
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Mon May 29, 2017
John Santi asked:
Thu Oct 22, 2015
Sibylsblues asked:
why is it so hard for a retired/divorced previous home owner to rent?
0 votes 0 Answers Share Flag
Tue Aug 4, 2015
Suzanne Smith answered:
Have your Broker talk to the managing Broker for the seller.
0 votes 2 answers Share Flag
Tue Aug 4, 2015
Suzanne Smith answered:
Yes, my listing at 25814 17th Ave S, Des Moines. With a beautiful view of the sound.
0 votes 3 answers Share Flag
Thu Apr 9, 2015
Kary Krismer answered:
Unfortunately Trulia deleted agent blogs, so I can no longer just link to it. But to answer your questions, the bankruptcy trustee needs to keep some funds to be able to do the sale. Otherwise the court will not allow it. There are two methods or retaining funds--a carve out, where the funds the trustee retains is included in the price, and a buyer premium where it is not (but is still disclosed to the creditor). The trustees who do not allow carve outs do so in the belief that banks are less likely to approve them. I have not found that to be the case, but you're not going to convince a trustee otherwise if they've made that conclusion. Buyer premiums do need to be disclosed on the HUD-1 form, and cannot be typically be financed, which is really the issue you are raising. They don't count as part of your down payment.

As to where the carve out comes from, it is just a deduction on the HUD-1, like the payment of another lien. It just shows the money going to the trustee rather than to a creditor. So if a buyer pays $200,000 for a property, $20,000 might go to costs of sale, $20,000 to the bankruptcy trustee and $160,000 to the creditor. An equivalent buyer premium transaction would be one for $180,000 with a $20,000 buyer premium, $20,000 going to costs of sale and $160,000 going to the creditor.

The bottom line is the trustee is unlikely to care that you want to make a larger down payment. They've already made the decision to only market to those who can come up with a down payment and their buyer premium, a decision which greatly reduces their potential market. So the difference to them of your being able to put 10% down or 20% down is going to be a difference they don't care about at all.
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Wed Feb 4, 2015
The Graveline Group answered:
The help center link is accessible at the bottom right of every page. That might be a good place to start. Also, verify the rest of the info is correct. If this is a rental, there are lots of people scamming rentals, so double check everything and if there are inconsistencies, flag it and email right away. ... more
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Mon Sep 1, 2014
Deeqa Ali asked:
This question was asked from
0 votes 0 Answers Share Flag
Tue Jun 4, 2013
kathymodde asked:
Just an old lab,but sick of pet friendly places that say friendly up to 20 lbs..

This question was asked from this property:…
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Fri May 24, 2013
Mack McCoy answered:
Yes, Kary, good point!

The original Declaration will have an estimate of value for that time, based on a percentage of ownership - you know how that's calculated, I'm sure, Brandon!

All the best,
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Thu Mar 14, 2013
Gabriele Hugo answered:
Low supply and high demand continue to drive our market. We have a real lack of inventory right now. So I believe that we will see a slow appreciation off all properties.
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Sun Aug 5, 2012
Bradley Hawthorne answered:
I was born and raised in this area and I have not witnessed any Vandalism. Every neighborhood has areas that are not as good as others, but a good agent should be able to direct you into afe areas. ... more
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Sat Oct 29, 2011
Scott Godzyk answered:
There are different rule sin different states regarding foreclosures and evictions. You should check with someone who is expereinced with eviction law in your state. Most laywers offer no cost consultations or call yoru attorney generals office on Monday. good luck working things out ... more
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Thu Jul 22, 2010
The Cascade Team Real Estate answered:
Yes they are. Even after auction or foreclosure you may find that you need to deal with an existing HOA lien.
0 votes 1 answer Share Flag
Sat Feb 21, 2009
Voices Member answered:
This looks like Blog stuff.....
0 votes 7 answers Share Flag
Mon Jan 28, 2008
wesleyl answered:
HI Mae,
The best thing to do would be to contact your real estate agent. They will have the expertise to advise on what is a good value, etc. If you are not currently working with an agent and would like any further assistance on this home or any other home in South King County, I'd be happy to assist. 206-354-9272 ... more
0 votes 6 answers Share Flag
Sun Nov 11, 2007
Ardell Dellaloggia answered:
You can find most of the information that is currently available at the link below:
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