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Foreclosure in Mill Valley : Real Estate Advice

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  • Local Info28
  • Home Buying25
  • Home Selling8
  • Market Conditions4

Activity 7
Tue Sep 16, 2014
Alexander Greer answered:
Are you looking to purchase or rent?

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
... more
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Mon Jul 15, 2013
David Poulsen answered:
I will be happy to send you more photos, if you want to see it in person, call me at 415-735-6188.
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Wed May 23, 2012
Sue answered:
Diane, I live in that neighborhood and would be willing to answer questions about it if you'd like. My name is Suzanne, and I live up the hill from Carrera Drive in Tam Valley.
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Thu Feb 9, 2012
Stefan Schermerhorn answered:
Hi Mondamo,
The truth is foreclosure is always an option. You simply walk away from your house. I don't recommend it and cannot give you advice about the legal and financial implications you'd encounter from foreclosing. What I can tell you is that there are options out there that can allow you to short sell, offer the bank the deed in lieu of foreclosure, modify your loan (get a possible principal reduction, reduction interest rate), or sell and bring money to the table to make up the difference in what you owe and what you sell for.
If you want a consultation, I'm happy to meet with you and discuss your options. I can also refer you to two excellent attorneys and a tax professional to have your legal and financial questions answered.
Let me know.
Best,
Stefan
... more
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Tue Jan 31, 2012
Liz Williamson Williamson answered:
Hi Christine,
To piggy back on what has already been said Ogi and Gabrielle, the numbers are lower in Mill Valley compared to other cities in Marin such as San Rafael and Novato. If you are considering putting your home on the market soon, currently, there is a record low number of homes on the market, even for January. . A lack of inventory, may work for your benefit should you decide to sell. Another thing to consider, foreclosures tend to sell at market value in Southern Marin. If they don't it is because the home is in need of major work. I have yet to see a foreclosed home in Mill Valley that sold well below market value. ... more
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Tue Aug 9, 2011
Andy answered:
One of the biggest but also the most interesting risk is you can not find the creditor/lender (rather than the borrower).

Andy
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Mon Apr 23, 2007
Kristen O'Donnell answered:
Very few homes in this area are sold successfully by owners, and we see very few foreclosures -- far less than in other parts of the country. Focusing only on FSBO's and foreclosures will result in an exceptionally long home search, possibly years, before finding the right home for your family. ... more
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