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Foreclosure in Morris County : Real Estate Advice

  • All66
  • Local Info4
  • Home Buying20
  • Home Selling1
  • Market Conditions4

Activity 53
Fri May 19, 2017
Mary answered:
Hi,

Thank you for contacting us regarding the erroneous foreclosure status on this property page. I apologize we have false foreclosure information listed on our home details page. This data is provided to us from Zillow foreclosures and we currently do not have the ability to edit or remove the information that they are sending us.

Please be advised that the Foreclosure status of the property has been already removed. Please click the link below to verify.

https://www.trulia.com/property/3269676640-504-Knollwood-Ct-Denville-NJ-07834

Let me know if you have additional questions and I will be happy to assist you.

Thank you for using Trulia!

Mary
Consumer Care Advocate
http://www.trulia.com/help/ask/
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Sat Jul 2, 2016
Sally Grenier answered:
You can, but you need to hire a pro, and you need to do it asap. You should also let the bank know that you're wanting to sell, and hopefully they can delay the foreclosure proceedings. If you owe more on the house than what you can sell it for, you'll have to do a Short Sale, which can take extra time. Call a local Realtor who specializes in this situation. ... more
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Tue Apr 26, 2016
Danny Genetin asked:
I am looking to buy my first home in the Navarre,(Stark COunty) OH area. Upon looking around I found a vacant home that I have become very interested in. I took the home address and put…
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Wed Feb 10, 2016
lakermom asked:
They have it now listed at 50k less than a short sale offer we had 6 months ago, it fell through because we had a 2nd lien holder and the 2 banks couldn't work it out!
0 votes 0 Answers Share Flag
Wed Jan 27, 2016
Garry Caswell answered:
Dear First Time Buyer, If you're looking for a bargain on an REO property think again. Most Banks are just like any other seller, they want to get the most for the property as possible and most will require the property to be advertised in the MLS and online for a number of days (7 to 10) before they will even look at offers. While they will list below market value they expect the property to sell at or above market value. I've been listing REO properties for more than 20 years; I have also been on the inside of the Bank as an asset manager. If you want this particular property for some reason your best bet is to contact a local Realtor near the property and have him/her comp the property and come up with a reasonable value, that way you are ready once the property is listed and don't worry about someone else gulping it up, those days are long done...Banks are wise to unscrupulous realtors. Most of my REO listings received multiple offers. BTW - I can't give a buyer specific information about the property other than what on Public records, most of the time I have not seen the interior of the property. Here is more information on me...https://www.linkedin.com/in/garrycaswell. Good luck and happy house hunting. ... more
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Sun Nov 29, 2015
Diane Christner answered:
Trulia reps rarely visit this forum, try contacting the Customer Service department. However, that may not fix the problem as Trulia gets syndicated data base info from other sites, which is probably the source of the incorrect information. If you get your info removed here once, it may show up yet again as incorrect info from that original syndicated source. ... more
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Sat Aug 22, 2015
Kathleen Bence asked:
Tue Jul 28, 2015
Editanlaurel asked:
After almost two years of negotiation, bank sold it, accdg to Sheriff US bank bought it, checked US Bank they dont have it and asked if it was US Bank trustee only. What recourse do I have?…
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Sun Nov 30, 2014
vin-yelena asked:
Thu Nov 27, 2014
Christopher Pagli answered:
Sun Dec 29, 2013
Teresa Dente answered:
Lousie,
I listed 2 homes recently on Ivy and both sold in the mid 700,000 range. There are no homes in foreclosure on that street listed.
Regards,
Teresa
0 votes 3 answers Share Flag
Wed Sep 25, 2013
Terry Farnsworth answered:
As stated below you'll have to wait until the bank decides to put it on the market for sale.

They will not field any phone calls or requests for these properties until they are listed for sale, at which point you will need to contact the real estate agent responsible for the listing.

REO properties almost exclusively use local real estate agents to dispose of their properties, because they would never be able to manage all of the inventory in all the different locations internally.

Once a property is listed for sale, you would need to enlist the help of a buyer's agent who can guide you through the process and submit an offer. Your offer will then go to the listing agent, who will submit it to the asset manager working for the bank for review.

Hope that helps!
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Wed Jul 24, 2013
Jasmin Henderson answered:
I service Morristown, and I would be happy to assist you.
My # is 267-767-3108
You can email me anytime at jasmin86h@gmail.com
My website is www.JasCanSell.com
0 votes 4 answers Share Flag
Fri Mar 8, 2013
Debra (Debbie) Rose answered:
F6768 - I just checked our MLS listings and there is nothing currently listed on Gina Ct.
Where did you see this "listing"?
0 votes 6 answers Share Flag
Mon Dec 10, 2012
Simon Campbell answered:
If you are selling the property through a short sale or foreclosure, renting it back is not an option. Every short sale regardless of lender requires the "arms-length transaction" certification that has wording like below:

"The Buyers and Sellers nor their Agents have any agreements written or implied that will allow the Seller to remain in the property as renters or regain ownership of said property at any time after the execution of this short sale transaction. None of the parties shall receive any proceeds from this transaction except the sales commission."

There are certain programs which allow homeowners to stay in home and either rent or buy back. A new supplement to the HAFA guidelines "amends this restriction to allow servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower, so long as all other HAFA program requirements are met."

Simon Campbell - http://www.bankforeclosuressale.com
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0 votes 5 answers Share Flag
Thu Nov 8, 2012
preachermanrob75 answered:
its a pain to get started but it pays off in the end dont fall for the scams where you gotta pay to learn
0 votes 13 answers Share Flag
Thu Oct 18, 2012
Deborah Herridge answered:
I am a Certified Distressed Property Expert and you can find additional info on my website www.TheHerridgeGroup.com or feel free to message me Deborah@TheHerridgeGroup.com
Best of Luck
0 votes 3 answers Share Flag
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