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 Duluth : Real Estate Advice

  • All63
  • Local Info11
  • Home Buying20
  • Home Selling4
  • Market Conditions2

Activity 5
Sun Jun 18, 2017
Kathy Dockter asked:
Wed Dec 16, 2015
Josh Lund answered:
Hello Denise,
Good morning.

Are you still in the market to buy a foreclosure home? Did you buy one already? If so, I would love to see if we can help you out. We can do loans down to 600 Credit Score. We also don't need 3 trade lines like many banks require. I would like to see if I can help you out with a home mortgage. I will try and make this a very easy process. Please let me know how to help out.
Thanks much.
Josh Lund
MN District Branch Manager
NMLS # 387408
Gold Star Financial Group
Mobile: 612.802.3265
Office: 952.884.5442
eFax: 877.666.0007
jlund@goldstarfinancial.com
... more
0 votes 9 answers Share Flag
Wed Dec 16, 2015
Josh Lund answered:
Hello bbprops,
Good morning.

Yes I believe they can see the different offers coming in.
Are you still in the market to Buy a home? If so, I would love to see if we can help you out. We can do loans down to 600 Credit Score. We also don't need 3 trade lines like many banks require. I would like to see if I can help you out with a home mortgage. I will try and make this a very easy process. Please let me know how to help out.
Thanks much.
Josh Lund
MN District Branch Manager
NMLS # 387408
Gold Star Financial Group
Mobile: 612.802.3265
Office: 952.884.5442
eFax: 877.666.0007
jlund@goldstarfinancial.com
... more
0 votes 1 answer Share Flag
Mon Apr 15, 2013
Russ Douville answered:
I'm so sorry to hear that.

You can think of the sheriff's sale as transfering ownership interest from the owner to the foreclosing entity, and your closing as transfering ownership from the foreclosing entity to you. So technically, the dues being paid or not, or stolen or not, before you closed shouldn't be your problem. That doesn't mean some party here won't try to make it your problem.

I would suggest getting legal help, but I would also ask if it's worth it. Mortgage lenders (like yours) don't like to let the borrower (you) assume any previous or outstanding leins against the property and the title company does their best to see that there are no undisclosed leins, but it happens on occasion. You could check with the title company, and see if you have title insurance, and if it would help in this case. You may have tried this already, but if you haven't yet you may look in to negotiating a lower payoff with the HOA. They may settle for less knowing that it will be a hassle getting the money from you (since this really isn't your fault), and even harder getting it from another party.

Finally, you have to ask yourself if all this is worth it. $5k is not an insignificant amount of money for any of us, but keep in mind legal help isn't free, and all of this will involve time and hassle. Maybe you just pay it even though you know you're right and they're wrong, and you can get on with enjoying your new home without worrying about the threat of foreclosure.
... more
0 votes 4 answers Share Flag
Tue Jul 20, 2010
CCC answered:
Please check this links:
http://www.lssmn.org/debt/bankruptcy_pre-discharge.htm

http://www.familymeans.org/index.asp?Type=B_BASIC&SEC=%7B305E7D11-E97F-4C98-A17B-99807C5C9D5E%7D


http://www.mncourts.gov/selfhelp/?page=503

Here is the Clinic:
http://www.lawhelpmn.org/documents/clusters/MN/371/English/BankruptcyClinic.shtml

Good luck.
... more
0 votes 6 answers Share Flag
Search Advice
Search

Followers

98