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Foreclosure in Grass Valley : Real Estate Advice

  • All99
  • Local Info4
  • Home Buying26
  • Home Selling5
  • Market Conditions3

Activity 5
Fri Jan 27, 2012
Don Tepper answered:
Check with your lawyer.

Have you tried negotiating a rent-back from the investor for a few more days?
1 vote 1 answer Share Flag
Sat Oct 8, 2011
Harold Sharpe answered:
Sorry for your loss.
Yes, a 1099 will be issued but sometimes it takes awhile for the banks to issue it. Usually it is issued within 3 -6 months after the sale ( when the banks has sold the home to a new home buyer ) of the property.

Harold Sharpe - Broker
So Cal Homes Realty
(951) 821-8211
California Department of Real Estate Broker License # 01312992
... more
0 votes 4 answers Share Flag
Tue May 31, 2011
Teresa Dietrich answered:
You can also go to the Law Library in the Nevada County Courthouse to research this, the staff is very knowledable.
0 votes 3 answers Share Flag
Fri Dec 10, 2010
Lynngems answered:
Thank all of you for the leads. Found out what I needed to know. Lynngems
0 votes 5 answers Share Flag
Tue Dec 30, 2008
Teresa Dietrich answered:
Firstly, I am so sorry to hear that you and your family are going through this. I have seen homes where the children's toys were still sitting in the bedroom and the family had been removed, so I can tell you that you need to be extremely proactive. Call the agent whom you are dealing with for cash for keys and notify them right away of the 3 day notice to quit. Usually there is a phone number to contact also for the legal department. The law Library in the Nevada County Court House has all the legal information on this subject, so don't just listen to opinions, go to the legal library and ask the clerk for help, there will be a legal response you can file to help delay the process. You may even be able to lease your home back from the bank on a month to month basis as long as you are willing to allow it to be shown, many banks would rather have it occupied and have some income and maintenance occurring. ... more
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