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Foreclosure in District of Columbia County : Real Estate Advice

  • All14
  • Local Info2
  • Home Buying7
  • Home Selling0
  • Market Conditions0

Activity 38
Fri May 6, 2016
Teddyfields asked:
Wed May 4, 2016
Bruno and Noel Tarquinii answered:
Hi Keisha,

Did you find the answer you were looking for? I'd be happy to look up the property for you. Give me a ring at 240-418-3809 and I can find out.
0 votes 1 answer Share Flag
Wed Apr 13, 2016
Hhekmat asked:
I have properties in DC that are erroneously listed as foreclosures. I have checked with the DC government and they confirmed that neither property is on foreclosure. How do I correct the…
0 votes 0 Answers Share Flag
Sun Nov 29, 2015
Karen Peyton answered:
Trulia is not a real estate company, therefore Trulia does not list properties for sale.
Trulia only "advertises" properties for sale.

To get the information you want, you will have to find a local agent willing to send you a list. Since banks won't work with the public (only real estate professionals) you'll need an agent if you intend to purchase a short sale or bank owned home.

Auction? It's likely agents in your area will have these listed for sale too. You can Google for others. But...auctions are not for the novice buyer.

Good luck.
... more
0 votes 1 answer Share Flag
Sat Dec 20, 2014
Dan Tabit answered:
Phill,
Find out who their asset manager is and see what you can find out. Most of the time they will not sell without a completed foreclosure process and listing with one of their approved agents. ... more
1 vote 1 answer Share Flag
Wed Nov 5, 2014
Mark Leach answered:
My mother in law is in the middle of a bankruptcy right now. She was trying to file for bankruptcy all by herself, but it is actually pretty difficult we came to find out. A bankruptcy attorney has really been beneficial for her.
Mark Leach | http://www.attorneyjoseph.com/Areas_of_Practice_Divorce_Attorney_Erie_PA.html
... more
0 votes 6 answers Share Flag
Sat Feb 15, 2014
Lanre Folayan answered:
Hello Valerie. I didnt find the link. But if you are looking for DC foreclosures,please click on this link http://www.freelistofhomesforsale.com/listing?address=910-M-ST-NW-119-Washington-DC-20001&mlsno=DC8249829&idx=85288 ... more
0 votes 3 answers Share Flag
Tue Nov 19, 2013
Pierrescott23 asked:
Tue Nov 12, 2013
Akil Walker answered:
Hi Kendra,

you contact a local realtor or visit the site below if you are searching for housing information.
0 votes 2 answers Share Flag
Mon Nov 11, 2013
Raman Mehra answered:
Sarah,
I see many agents have explained to you what a Shortsale and a foreclosure is. The answers are all right but nobody should advice if you should or should not buy a Shortsale. Their is no risk involved in any type of distressed sale if you manage it well. Both sales give you a clean title. Now the only issue is the repairs. When owners are in financial distress the homes get into a prolonged state of disrepair. The buyer makes a decision to get into the transaction based on their own personal scenario. If time is of the essence one may not want to buy a Shortsale. If one has no time or understanding for contractors and repairs they will shy away from them. But the fact of the matter is that Shortsales are the best deals in town. There is a gain to the pain. I will stress it again. There is no risk to ownership in such a transaction. Good Luck!

Vibha Mehra, SFR
Keller Williams Metropolitan
55 Madison Avenue
Morristown, NJ
973-216-0090
VibhaMehra1@gmail.com
... more
0 votes 5 answers Share Flag
Tue May 28, 2013
answered:
Yes you can with a score that low but we need to know why it's low and if there is anything that can be done to improve the score. If you were late in the last 12 months on payments that makes it tougher. It would be as Troy mentioned an FHA or VA loan with scores in that range. If you would like to chat I can take a look and see what steps can be taken to improve the score and pre approve you for a loan amount. Please let me know any questions.

Thanks,

Brent Mendelson
Senior Loan Officer
1ST Mariner Mortgage
O-240-235-5314
C-301-412-0259
F-240-235-8236
Bmendelson@1stMarinerbank.com
Lending in all 50 states
nmls#111407
... more
0 votes 6 answers Share Flag
Thu Apr 11, 2013
Suzanne MacDowell answered:
I am assuming you are the owner of this home. I would strongly, strongly suggest you talk to a local realtor who is experienced in short sales. I don't know anything about Washington State foreclosure laws, but it would be well worth your while to find out if you can still list the house as a short sale, avoid foreclosure, which will be devastating to your credit rating, and have a more planned, smooth transition into a rental. PLEASE do yourself a favor and find out what your options are before just letting the hosue to go into foreclosure. ... more
0 votes 1 answer Share Flag
Tue Jun 12, 2012
Ericka S. Black answered:
Hey Valerie,

Let me know if you are interested in these places. Go to this link http://mrislistings.mris.com/DE.asp?k=3041248b01b&p=DE-170149949-664

If not, it's ok. Just send me your email address and I will send you more places in that area. My email address is ErickaSBlack @gmail.com.

Talk to you soon,
Ericka
... more
0 votes 4 answers Share Flag
Fri Feb 17, 2012
Elena Wyman answered:
Cash offer is the best, of course.

If no cash is available, then:

large down payment
strong prequalification letter
short inspections period

Hope that helps. :)
0 votes 10 answers Share Flag
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