Foreclosure in Malibu : Real Estate Advice

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RonS, Other/Just Looking in Concord, CA
RonS answered:
Same questions. I am investigating about foreclosures. I know there can be problems. But is this one also for $100,000? Thanks Sher
Many problems and your post sends some red flags for common problems. "is this one also for $100,000" has nothing to do with what the property may sell for at sale. Is that the default ... more
0 votes Share Flag Thu Jan 8, 2015 Foreclosure in Malibu
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
same with this one. This low price and how come the celebrities haven't snatched it?
Celebrities are apparently very nice people and allowing you the opportunity to buy it FIRST!


If the price is 'too good to be true......."

An address or link would prove hel ... more
0 votes Share Flag Mon Jul 28, 2014 Foreclosure in Malibu
Sharon Felton, Real Estate Pro in Nashville, TN
Sharon Felton answered:
Ok how do I buy this place?
There are several steps you should consider. First of all, is the home you've chosen within your comfortable budget range? Have you been preapproved for a loan from a mortgage lender ... more
0 votes Share Flag Sun Jul 27, 2014 Foreclosure in Malibu
Walter 'Skip'…, Real Estate Pro in Brea, CA
Walter 'Skip' Kersten answered:
A home is up for auction at the end of the month. Is there anyway for me to do an all cash offer to purchase the home before the auction date?
Until the actual Trustee sale the property belongs to the current owner. You may try to purchase it from the owner before the sale via a short sale transaction. This may in fact delay ... more
1 vote Share Flag Tue Apr 8, 2014 Foreclosure in 90265
James Wiebe, Real Estate Pro in Malibu, CA
James Wiebe answered:
Shady and Unethical Realtor- can we sue her?
When buying property it is always highly advisable to hire your own agent to represent your interests. There are many pitfalls and ways to lose money and time during the purchase of a h ... more
0 votes Share Flag Sat Mar 9, 2013 Foreclosure in 90265
Mike "The Malibu Expert" Gardner answered:
How can so many mansion-like homes in Malibu, etc. sell at prices of 100,000 when it's neighboring homes are selling in the millions? Back taxes
It looks like you got your question answered. Please excuse any real estate agent who just doesn't understand that someone could be confused by the data online.
0 votes Share Flag Thu Feb 14, 2013 Foreclosure in Malibu
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
I have a house for short sale. the bank extended the sale for the month so the invester could get his money
I'm afraid, you have no chance to walk away with EMD money in this situation....
Is the short sale approved or not? Where are you with the bank?( my guess, the price and terms are alr ... more
0 votes Share Flag Mon Oct 29, 2012 Foreclosure in 90265
Heather Paul, Real Estate Pro in Santa Monica, CA
Heather Paul answered:
I think my young son is getting the shaft from a realtor.
Did the Realtor give you a copy of the purchase agreement signed by the seller? This is a fully executed offer, it should state who the escrow and title company is, I would contact the ... more
0 votes Share Flag Tue Mar 15, 2011 Foreclosure in 90265
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