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Foreclosure in Evergreen : Real Estate Advice

  • All78
  • Local Info14
  • Home Buying30
  • Home Selling2
  • Market Conditions2

Activity 5
Tue Apr 15, 2014
Anna M Brocco answered:
No link is visible, however you coild contact any local agent/realty office, they all have access to the same information...
0 votes 2 answers Share Flag
Sun Feb 2, 2014
Climbon421 answered:
The total monthly rent is $3,100 and the tenant is responsible for utilities (phone, water, gas/electricity). The landlord is responsible for weekly garbage pickup.
0 votes 4 answers Share Flag
Thu Feb 4, 2010
Shirley037 answered:
Contact your local agent.
0 votes 15 answers Share Flag
Thu Jan 7, 2010
Terri Vellios answered:
Wachovia is turning around a response within 2 weeks then closings with 45 days. This is if it is a first loan.

Each bank and loan / short sale is unique. If there is a second on the property it can take a long time. Also, if the seller and their agent have submitted all the required seller documents.

Do you know if a negotiator has been assigned at WAMU or the Servicing company?

My buyer rescinded their offer on a short sale the first was with Litton and the second with GMAC the offer was submitted in July, Litton responded in about 2 months and as of November GMAC was still delaying. It's January and I see it still has not closed and foreclosure is eminent. Just one example.

I hope to hear from you that your situation turned out quickly and favorably.

Good luck.
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0 votes 12 answers Share Flag
Wed Aug 12, 2009
James Peterson answered:
Good morning Homebuyer01,

I just want to clarify what you will be recieving if you were to get NOD and NOTs and what the process is for a foreclosure.

I am assuming you are either looking to get a good deal on your own home, not an investor. NOD's and NOT's are public notices of the foreclosure process and this happens when homeowners default on their loan payment. There are a few choices for the homeowner to delay, or bypass the foreclosure in which these notices would only reference the default and there would be no chance at purchasing this home. These public notices are what you see on Trulia and what other sites sell. I do have access to these notices and if you find you really think they would help in your search then you are welcome to contact me.

On the other hand, 99% of the time the house is put on the market as a short sale AKA "pre-foreclosure". OR The bank does end up foreclosing on the house and there is no equity, therefore it represents a bad deal to any investors wanting to buy the property at the courthouse steps and the bank takes posession. It will soon hit the market as an REO, or Bank Owned property.

If you would like, I can send you a list of all the Bank Owned property and Short Sale listings in the Evergreen area by visiting http://www.jamessellsthebay.com/bargainhunter.asp and filling out the simple form.

Also, if you are very curious how investors can sometime buy properties before the foreclosure process you can call me.

"I turn your first-time home dreams into reality!"
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
James Peterson..........................................................Phn: 408.836.9653
Keller Williams SV .......................................................Fax: 408.540.1781
2110 S. Bascom Ave............................james@jamessellsthebay.com
Campbell, CA 95008........................http://www.jamessellsthebay.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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