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Foreclosure in New Port Richey : Real Estate Advice

  • All333
  • Local Info19
  • Home Buying98
  • Home Selling12
  • Market Conditions26

Activity 12
Mon Mar 30, 2015
katziis asked:
Mon Jul 29, 2013
Steven Zimmerman answered:

While I am Not an Attorney nor Licensed to provide any Legal Opinion; as searched for on Google and found on Wikipedia Considering its subject matter, I would strongly suggest you contact an Attorney.

Steven Zimmerman Realtor ABR GRI
Belloise Tropical Realty
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0 votes 1 answer Share Flag
Tue May 14, 2013
Rebeccatrulia answered:
Hello Barje

I have also a reverse mortgage. Its name is reverse mortgage lenders direct.They are very helpful.You can get your all answer from their.
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8 votes 3 answers Share Flag
Fri Apr 12, 2013
Steven Zimmerman answered:
Sun Dec 23, 2012
Alma Kee answered:
Why not try to get $3k with a Short Sale? If this is your primary residence you may qualify.

Contact me or another Realtor if you need help with your short sale. There's no cost to you.

All the best,
Alma Rose Kee, PA
Future Home Realty
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0 votes 3 answers Share Flag
Fri Jun 1, 2012
Fred Strickroot SRES, MBA answered:

Get connected with a Realtor® is my advise. Whether it is me or anybody else, working with one good Realtor® is going to make all the difference for you. You will know a good Realtor® when you see one. They will answer their phone, and they will be willing to take the time with you. Your best chance of winning a bid on this home is working with a Realtor who knows how to make offers to a bank. I work with bank owned home very often, so I know how to put together a good offer package.

Fred Strickroot, Realtor®, MBA, CDPE
Lic. Real Estate Brokerage
2154 Seven Springs Blvd, Suite 103
Trinity, FL 34655
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1 vote 7 answers Share Flag
Thu Sep 23, 2010
Alma Kee answered:
Here's an asset protection attorney and his website may help you answer some of your questions:

Hope this helps.
0 votes 9 answers Share Flag
Sat Aug 7, 2010
Thom Colby answered:
Need -

As other have said - they can all be easy or difficult - it depends on many factors. 100% of my business is short sales fr the past 3 years. I've had some approved by Indy and BofA in a week - others took 2 years - and some have been declined and foreclosed upon (just yesterday). It depends on who the investor is that actually owns the loan. Although you made payments to BofA or Indy, it's likely they do not OWN the loan but merely service it for an investor. An investor can be a larger financial institution like Bear Stearns or it can be a pension fund like the Teachers Retirement System or an individual that purchased notes at pennies on the dollar.

Also, if there is a Mortgage Insurer, that company will need to approve the short sale as well.

"Cash-for-Keys" is gone. Now, it's "Relocation Assistance" per the new Government Rules and HAFA.

Short Sales are not a "slam-dunk", so you need to be working with a Listing Agent that really knows what they are doing and does everything "by the book".

Best of luck,

Thom Colby
Broker / Owner & Certified HAFA Specialist
Thom Colby Properties
Newport Beach, CA
Moving Lives Forward (TM)
We NEVER DOUBLE-END a Transaction in our Brokerage. It is never beneficial to the Seller or to the Buyer and it is only beneficial to the Agent.
888-391-5245 Direct Cell
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0 votes 5 answers Share Flag
Thu Dec 24, 2009
Gary De Pury answered:
The Pasco Clerks office has the records on line.

It is not too hard to find. Just google Pasco Clerk and then follow the links

Hope this helps

Gary De Pury, SFR
Bay Vista Realty
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0 votes 2 answers Share Flag
Sun Nov 29, 2009
CCC answered:
Great answer from Jeff!

Barje, I knew that Florida has one of the longest, if not the longest, redemtion period, but no details. Here in Minnesota the regular redemtion period is 6 months.

Again, seek for help, once you find a job, maybe appply for a Mortgage Modification.


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0 votes 3 answers Share Flag
Tue Feb 17, 2009
Bill Eckler answered:

It's best not to put all of your eggs in one basket. If probably is not advisable to assume the bank WILL allow your parents to remain after foreclosure and continue paying rent.

Our recommendation is to explore other options where they will be able to enjoy much less uncertainty.

Good luck
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0 votes 4 answers Share Flag
Fri Jan 9, 2009
Gaile Waldhauser answered:
Hi Wanda- This is a preforeclosure- not bank owned yet. I am a realtor in New Port Richey so if you would like more information please call or email me. If the house becomes bank owned, it will be turned over to an agent to list. The banks do not deal directly with buyers. ... more
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