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Foreclosure in Jackson County : Real Estate Advice

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  • Local Info0
  • Home Buying2
  • Home Selling0
  • Market Conditions2

Activity 11
Fri May 6, 2016
Sandra asked:
Fri Jul 31, 2015
answered:
Lura,

I hope you are doing well. I was looking through the questions and noticed your question regarding a home. I wanted to contact a real estate professional to assist you however there was no address in your question. Please let me know, and I will try to have someone reach out to you!

Christopher Watkins
| Manager | Mortgage Loan Advisor | NMLS # 555103 |
| Sierra Pacific Mortgage |

| 21520 30th Drive SE Suite 101 |
| Bothell, WA 98021 |
| Office: 425.951.6194 |
| Cell Ph: 503.804.4379 |
| FAX: 425.332.7212 |
| Email: christopher.watkins@spm1.com |
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0 votes 1 answer Share Flag
Sun Dec 14, 2014
Don Tepper answered:
What makes you think it's for sale?

If it's a foreclosure, and it's not on the MLS yet, then it isn't for sale. And there's no one you can talk to. Contact an agent and ask that the property be monitored or tracked. When it's listed, you'll be notified. Until then, there's nothing you can do. ... more
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Sun Apr 1, 2012
Lana Lavenbarg answered:
Preforclosure means someone is trying to sale a home prior to the foreclosure taking place. Again - just like an auctioned property- check to see what other liens or liabilities there may be agains the property. ... more
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Sun Apr 1, 2012
Lana Lavenbarg answered:
It normally says in the paper what time the property will be up for auction. Depending on who is doing it could be any time during the day. Please check out the notice for auction. By the way - also make sure you know whether there are any other liens or not - just because the property is sold at auction, does not mean you wont be responsible for other liens or liabilities on that property! ... more
1 vote 2 answers Share Flag
Wed Aug 4, 2010
David Chiles answered:
Thank you for your question about whether or not the real estate market will take a double dip. Many people have forecast a double dip in the market due to current economic conditions. Therefore, Meredith Whitney is going with the status quo.

There is a third wave of foreclosure's set to hit the market. The third wave of foreclosure's is due to prolonged unemployment, while the first two waves were due to sub prime mortgages and a tightening of the credit market. Therefore, price declines may continue due to economic conditions rather than rich people losing their homes.
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0 votes 2 answers Share Flag
Thu Jun 17, 2010
Kimberly Kinville answered:
It really depends...

Although, I must say that I have not seen a lot of Banks spend lot's of money to improve bank owned homes.
They seem to do minimal repairs only so the home is financiable for buyers. If it's not, I have witnessed a bank tearing down a home that was not financiable and selling the land only.

I wish you the best of luck!
Kimberly Kinville- East Metro Specialist
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0 votes 5 answers Share Flag
Tue Jun 15, 2010
Kelly Gebler answered:
Hi - I list REOs and most of the time, my banks won't look at an offer until the listing is active in the MLS...sometimes they require the listing to be live for 4-7 days before they will look at offers. Once in awhile I get one where the bank will consider an offer while in the pre-marketing/prior to MLS stage. It just depends on the bank and their rules.

One of my fellow REO brokers in your area is Kim Knox - I would give her a call to see what she can find out for you. Her number is 541-899-7222. She may be able to get you a foot in the door prior to the listing going live in the MLS and get an offer on the table quickly so you can avoid competition from other potential buyers.

Best of luck!

Kelly Gebler, Principal Broker
Keller Williams Realty
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Fri Jan 9, 2009
Lana Lavenbarg answered:
LF - I am right here in your area and no - realty trac is not the only place to get the list of foreclosures. Please give me a call or email me and I will help you find what you need. Thank you for your question - it is hard for us as realtors to see things the way the public sees it.

Lana Lavenbarg
email: lanal@cbdt-sold.com
phone 541--956-5325
... more
1 vote 5 answers Share Flag
Thu Jan 8, 2009
Bill Eckler answered:
Shannon,
If the present owner is going to walk and want you to assume ownership we suggest that you proceed cautiously. You have no idea of the extent of the total debt associated with the property. ... more
0 votes 3 answers Share Flag
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