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Foreclosure in Pleasanton : Real Estate Advice

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  • Local Info37
  • Home Buying178
  • Home Selling24
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Activity 8
Fri Feb 20, 2015
Randall Ortiz answered:
You can contact me if you still need help with the home in Pleasanton.
0 votes 2 answers Share Flag
Wed Jan 9, 2013
Meena Gujral answered:
As some agents have mentioned, foreclosures are no longer the deals they used to be a couple of years ago. They are selling for market price since inventory is so low. You will see short sales and foreclosures getting multiple offers and selling for way over asking price.

I am a Pleasanton resident and I would be happy to help you with your home purchase. I have sold many foreclosure properties to very satisfied buyers and it would be a pleasure to help you too.

Meena Gujral
Achievers Realty
925-425-9491
www.helpusellachievers.com
... more
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Sat Aug 29, 2009
Joanna Jensen asked:
Hi I was reading the question below someone asked if you have a short sale or foreclosure basically could you get a 1099 for foregiveness of debt.. You have to be very carefull how you…
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Mon Aug 24, 2009
Charita King - Short Sale Specialist answered:
Mona,

It's good to hire an agent to begin with. Short sale process takes a lot of attention and your agent can handle this for you. Make sure the property is already listed to make the process easier. Bank will require a complete short sale package in order for them to work on the approval, and if the property is not listed, there is not short sale package in file.

I listed a property in Long Beach that WAS scheduled for auction a week before I listed it. Basically the owner is losing the property and didn't say anything until he got the paper on the door. I listed it and sent the short sale package - with an offer - to the bank and got the auction date extended until the bank is ready to review the file. The owner is happy that he can stay a little bit longer in the property.

If you absolutely interested on the property, you can put a bid on it at the court during auction.

Good Luck,
Charita King
562-276-8681
Century 21 My Real Estate Co.
... more
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Mon Aug 17, 2009
Erica Starkey answered:
Lora,
It is very possible that the house is still occupied. Generally these sales revert back to the back because they don't get what they're looking for at auction at which point it becomes an REO. The rules for vacating depend on the bank and who they hire to get the people out. There are a lot of potential possibilities. If you are looking at foreclosures I suggest working with an agent who has experience dealing with them, as these properties do carry a lot of risk. You can search foreclosures on our website at http://jscarealty.com/mls-search-c10346.html and I would be happy to send you additional information from our newsletter about foreclosures and short sales so you can educate yourself on the advantages and pitfalls.
Best,

Erica

Erica Jones Starkey
Broker, Co-Founder
DRE# 01503540
JSCA Real Estate Group
Providing Superior Solutions for Your Individual Real Estate Needs
www.JSCArealty.com
office: 925.989.1613
fax: 925.905.2417
... more
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Mon Jan 19, 2009
The Hagley Group answered:
The home is not for sale......give me a call and I'll help you find a deal in Pleasanton.
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Fri Nov 21, 2008
Doug Buenz & The 680 Group answered:
Banks are not charities. If they foreclose on a home and end up owning it, they are under no obligation to sell it at a discount. In fact, they are under an obligation (to stockholders and regulators) to sell it for the highest price possible. Just because the loan balance due was $30,000 (sounds like a second or home equity line of credit, but I'll pretend that is the total of liens for now) does not mean the bank will sell the home for $30,000. If the loan balance due was indeed only $30,000, and the home was worth roughly $500,000, it would most certainly get bid up at the Trustee's sale, and practically speaking the bank would never have to own it.

See more info at www.the680blog.com

Good luck!
... more
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Wed Nov 5, 2008
Tom Lyons answered:
Go to my website which is 100% dedicated to foreclosures ..... check the buyers resources area for info on buying foreclosed homes.
thanks,
Tom
0 votes 4 answers Share Flag
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