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Foreclosure in Hanover : Real Estate Advice

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  • Local Info2
  • Home Buying18
  • Home Selling1
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Activity 11
Tue Jun 30, 2015
Steve Perez answered:
Working with your bank can be a hassle, and as Tony already said, sometimes the bank will only consider such options when the only OTHER option is a foreclosure! You may have some assistance if you have a good rapport with your mortgage professional. ... more
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Fri May 29, 2015
Scott Godzyk answered:
Simply it is a home in the foreclosure process. In most cases the home can not be sod as they may owe more than the house is worth and there may not be tinme to do a short sale,.
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Wed Jun 27, 2012
Sharon Harris answered:
Please pay attention to Mrs. Burk. She has stated some important facts! Stay ontop of the dates! It does not hurt to do extra paperwork and get addeniums signed. Better safe then sorry right? ... more
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Mon May 21, 2012
Anne L Test answered:
Yes Sarah there are several ways. To truly search yourself you can go to HUDhomestore.com and see what properties are listed however you will be limiting yourself to HUD only and you would still need an agent to show you the property and bid on the property for you. I would strongly suggest align yourself with a Realtor so that you can search all foreclosures and most of the time the seller pays our commission so the service would be free for you. Feel free to contact me if you would like me to do some property searches for you. 717-476-4029. ... more
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Mon May 21, 2012
Anne L Test answered:
When an agent lists a short sale they must code it as such in the Realtors Association of York and Adams County multiple list service. Any agent belonging to RAYAC would be able to find properties that are short sales. If you aren't working with an agent feel free to call me I would be happy to help you. ... more
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Fri Jul 30, 2010
Arlene Rainville Hess asked:
clients bought through lawyer and flippers and NCM has a mortgage that was not paid at settlement for the sellers.
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Sat Jun 12, 2010
Dp2 answered:
Most likely, if the second charged off their loan, then they probably sold it too.
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Sat Jun 12, 2010
Keith Manson- Metro Milwaukee Wisconsin answered:
The banks are starting to have a 90 day aging criteria, so after 90 days they are looking for updated information to see if anything has changed. I have seen this in the last 30 -60 days.

Keith Manson
First Weber Group
Certified Distressed Property Expert
Metro Milwaukee
http://www.milwaukeebailout.com
... more
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Thu Jun 10, 2010
Evelina Rossetti answered:
Hi Carolyn, it has been my experience that if an offer is done online, the listing agent has been communicating with the bank and is used to doing this quite frequently. The listing agent can submit offers
online as many times as he wants to and generally the bank will give him/her an answer within 2-3 days.
With communicating online, it is so much faster than an actual short sale that has to go through all the hoops of this department and that department. I would call the listing agent and tell him that you want an
answer. I would call and be very proactive until he can give you a yes or a no.
Evelina Rossetti
Classic Real Estate, York, PA
... more
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Thu Jun 10, 2010
Carolyn Boyle answered:
It is not listed as an auction-- it was before but now back in the mls. The property is worth closer to the 150's than the 120's so I am guessing that the bank just does not respond to anything that is not close. The listing agent only tells me there is no word. I don't even have a confirmation of receipt of submission. ... more
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Thu Dec 17, 2009
Carolyn Boyle answered:
Hi Cin- First thing to do is go to a lender you prefer- and get pre approved. I have a list of several lenders if you need some ideas on that. Then call or e-mail me and I can refer you to an agent that knows the areas you would like to search for homes! Thanks- Carolyn 717 451-7004 carolyn@carolynboyle.com ... more
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