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Foreclosure in Jacksonville : Real Estate Advice

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Activity 144
Sat Oct 21, 2017
Scott Godzyk answered:
If buying a bank owned home, you have to do all this research before even making an offer. Many times they do not know if there are liens or such on the property. If buying at foreclosure auction, the buyer is responsible for all of them which is why the buyer must check. If you are buying after the foreclosure, most liens are wiped out by the foreclosure. A good buyer broker experienced in bank owned homes can easily guide you ... more
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Fri Jul 28, 2017
Judyebell answered:
Is the loan in only your father's name?
If so, have him sign authorization for you to speak with the bank. Try to assume the loan or Refinance.
0 votes 2 answers Share Flag
Sat Jun 17, 2017
Merilee asked:
Wed Jun 7, 2017
Eric W Vander Werff answered:
That situation sounds like it has quite a few moving parts. I'm sure all of our first question would be, "what did your attorney say?" If the home is in foreclosure and you are not on the Note, that is a problem because you have nothing to negotiate with the current lender unless "she" gives them permission or works with you to keep the home. Sounds like a tough situation, best of success. ... more
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Fri May 5, 2017
Kris Price answered:
Contact SingleSource Property Solutions!
Ask for a Vendor packet.
Among other things, they provide valuation, property preservation and trash out services to 75+ bank clients! ... more
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Wed Feb 22, 2017
Dorie Gamble answered:
I bought a HUD forecloser last summer. It sat for 3 years before being offered up for sale. There was no rhyme or reason for it to take that long.
0 votes 23 answers Share Flag
Tue Feb 14, 2017
Jonathan Klurfeld, Esq. answered:
It's a 1099C, not 1095, and the lender sends it to you (or may not). It is not something you can just get online or something. It is much to your benefit if they elect not to send you one as that is possibly tens of thousands of extra income to you and will bump you to a much higher tax bracket paying more in taxes.

Disclaimer: I am a Florida attorney and licensed Realtor. Information posted or made available on or through this site is not intended as legal advice or to create an attorney-client relationship between you and any attorney/our firm until officially retained. You should consult an attorney for advice regarding your individual situation since every case is different and not all information is relayed in an online question.
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Fri Feb 3, 2017
Marsha2u2 asked:
However I was only given 2 weeks to move . The original sale was postponed but was sold a week ago.Wells Fargo is owner can I ask for cfk? and How?
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Sat Dec 10, 2016
Shelen51 answered:
how do I find who holds the deed to the house I want to purches
0 votes 13 answers Share Flag
Fri Nov 18, 2016
Mdt answered:
I won 4 property preservation companies and will be more than happy to share info with you.
Please give me a call at 310-483-5990

0 votes 32 answers Share Flag
Tue Aug 2, 2016
NH asked:
I am interested in the foreclosure auction process, and wondering if anyone can shed some light on a lenders motives for hanging on to an empty foreclosed property for years? When it is…
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Mon Aug 1, 2016
Andy Wood answered:
There are renovation refinance options out there...I don't know if that is a possibility for you or not. You could also sell it and let the new owner use a renovation loan to make all the repairs if you feel it won't pass inspection. You should weigh all of your options before foreclosure...I have seen people handcuffed by foreclosures for years and I always advise to look at every angle first.

Please let me know if I can help. I have been doing renovation financing for 24 years and if we can make it work or I can help you with an alternative I would be happy to help.

Best of luck to you,

Andy Wood
Titan Home Lending
... more
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