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Foreclosure in Johnson County : Real Estate Advice

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  • Local Info0
  • Home Buying3
  • Home Selling0
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Activity 9
Thu Aug 10, 2017
Unicornlady1966 asked:
Wed Dec 28, 2016
Adrian Brown answered:
Lol, the bank has defualt insurance that protects there loans on houses with less than 70 percent of equity. Along side with some other loan backer. The ploicy cost comes out of the note. In order to file they have to call the note due. Which is how you end up court. They cant file on property they dont own. So they clear the owners from the title. Sell the asset and the insurance covers the balance. Unless you want to. They loss nothing; but the more bad notes the higher risk the banks are so unless the banks lawyer doesnt show up. Best just to let them bid as much as they want to on there on stuff. ... more
0 votes 18 answers Share Flag
Fri Jan 15, 2016
Scott Godzyk answered:
Trulia customer service may not see your post here in Q and A, Trulia posts pubic notices that come from county court houses and registry of deeds when a foreclosure notice is filed, you may want to check with the source and see as there are many sites that also publish this info, to reach cust service scroll to the bottom right and click on help center ... more
0 votes 1 answer Share Flag
Sat Jan 31, 2015
Karen Peyton answered:
Since the lender has already spent his money - it's more like "taking it back."
0 votes 1 answer Share Flag
Fri Sep 26, 2014
Tom McCollister answered:
You might be able to get it when it goes to sheriff's sale, depending on where it's at in the process. To do that, you'll need all cash, and won't have the opportunity for a home inspection, etc. That's not the best option for most people, so may have to wait until it comes on the market to purchase it. I can help you find a similiar home that you may love just as much if not more than that one. Contact me, and we can talk about what you're looking for and see what's out there.

Tom McCollister
Keller Williams Realty
317-410-9709
tom.mccollister@kw.com
... more
0 votes 1 answer Share Flag
Mon Dec 23, 2013
Tiffany24mw asked:
Wed Nov 3, 2010
Doug Thompson answered:
Tony, There was a Sheriffs sale October 21st on this property, it looks like a bid was accepted for $189,443.60 on the this property.
0 votes 3 answers Share Flag
Wed May 28, 2008
Jim Weaver answered:
They will send you a email at the address you gave on the Bid.
You will have only a few days to get earnest money sent to them.
You should use a service like Fedex to track things
0 votes 1 answer Share Flag
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