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91935 : Real Estate Advice

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  • Local Info1
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 6
Thu Aug 13, 2015
Patti Roesch answered:
In California, as far as I know there is no financing for a mobile home built before June 15 of 1976.
0 votes 2 answers Share Flag
Thu Aug 13, 2015
Patti Roesch answered:
You cannot be forced to use the seller's (more likely the listing agents work associate) lender, but if the property has multiple offers it may put your offer on the top of the offer's pile. Not at all ethical, but I have ran into this more times than I can remember. ... more
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Fri Sep 27, 2013
Brook Di Donato answered:
No that is up surd! Was it in the listing agreement, or on the listing? I have never heard of this in school. in life anywhere!
0 votes 4 answers Share Flag
Tue Aug 13, 2013
Mack McCoy answered:
Thu Jan 24, 2013
Michael Alex answered:
Hello,

There would be more information that would be needed. Andrew is correct, it would be safer to talk to an accountant.



Michael Alex
Real Estate Consultant
“The Trustworthy Choice in Real Estate”
cell. 619.581.9348
email. AskMichaelAlex@gmail.com
Pacific Sotheby's International Realty
San Diego,CA
... more
1 vote 4 answers Share Flag
Thu Jun 25, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
I am not sure I understand what happened, but I will give it a shot. You stopped making payments on the first and the second. The second started the foreclosure and incurred fees and costs and the second was the winning bidder. The second did not tell the first because they did not want to payoff first. They want to sell the property to mitigate their loss and will be required to pay off first and additional interest when property closes. The second should of paid off the first when the they foreclosed. There is no extra money at this point, however, if the proceeds received when the property closes, you or other lien holder would be entitled to those proceeds(this is something an attorney in your area would have to resolve). The first should of known about the second if they started foreclosure. The second would have a reported lien and the foreclosure would show up on the title too.

Hope this helps

Keith Manson
First Weber Group
Certifed Distressed PRoperty Expert
Greenfield,Wisconsin
... more
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