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Foreclosure in Poway : Real Estate Advice

  • All65
  • Local Info3
  • Home Buying27
  • Home Selling4
  • Market Conditions1

Activity 9
Mon Mar 6, 2017
Tracie.rowell answered:
I have sought out many different resources on auctions and helpful information to educate myself and other military families. In my quest, I was referred to this site: Loads of information and resources. If you don't see your question answered, just ask. Owned and operated by a disabled vet. Just thought I would pass it along for any other military families who may see your question and want help. ... more
0 votes 17 answers Share Flag
Tue Aug 30, 2016
the first trust deed is still a valid lien against the property. Almost all trust deeds have a due on sale clause, and could foreclose based on that.
0 votes 1 answer Share Flag
Wed Aug 10, 2016
Trenadjmc5888 answered:
can someone help me find out a property at 377 hilltop church rd dayton tn 37321 I would like to buy

call me at 423 240 9568 thanks
0 votes 6 answers Share Flag
Mon Apr 4, 2016
Rich Reed answered:
You posted in Poway, CA 92064. You should ask in Gulf Breeze, Fl 32563.
0 votes 1 answer Share Flag
Wed Feb 20, 2013
David Rudd answered:
Hi there -

I have friends that used RealtyTrac years ago so they may have improved, but they ALL were truly disappointed with their services. Big promises, "easy", etc turned out to be more marketing less action.

Also, if you are looking at buying a foreclosure, look into financing first! If buying via court steps (where they are typically sold) many Counties require cash only. Also, know you are going up against people that do this as their full time job, work for corporations etc. It sounds great - but go to a few and see what it is like first.

Hope this helps!

David Rudd
... more
2 votes 13 answers Share Flag
Fri Jul 29, 2011
John Arendsen answered:
Attorney, attorney, attorney! Is that all anyone can recommend? You're doing exactly what you should be doing. Keep doing it. Keep asking as many questions as you can on every open forum you can log onto. Information is knowledge and knowledge is free on the I as long as you keep fishing.

Once you've educated yourself to the point where you can have an eyeball to eyeball intellectual conversation with an attorney without feeling intimidated you're ready to move to the next level. Don't go hiring an attorney until you've done some homework first. It's money in your pocket and your attorney will only respect your knowledge vs. taking advantage of your naivete.
... more
0 votes 7 answers Share Flag
Fri Nov 19, 2010
Shirley Bell answered:
Edward advice to you is to continue to pay the rent. I know of a case where the Tenant found out that his landlord was in pre foreclosure and they stop paying thier rent. the landlord took them to court and landlord won. You can call your local agent and ask them to pull a profife on property to see if there is a pre foreclosure recorded. Sometimes you lease turns into a month to with you Landlord heart to heart. Good Luck ... more
0 votes 4 answers Share Flag
Thu Feb 18, 2010
Brian Curry answered:
I am a vet as well and can steer you clear of many VA pitfalls in the CA market. Property condition, closing costs, and competition from investor and hard cash dollars are making it tough on my VA buyers. Give me a call or email and I can lay out a strategy for you.

Brian Curry
Coldwell Banker
... more
0 votes 6 answers Share Flag
Tue Jun 2, 2009
Jackie answered:
Most banks don't care if the property being purchased is bank owned or not. What they care about is the buyers financial health and credit worthiness and of course the property needs to appraise for the sales price.

I am just closing a deal in Poway where my buyer offered $35,000 over what the property did appraise for. I was able to negotiate a price reduction with the seller to the appraised price, saving my buyer $35,000 in price which amounts to about saving $200 per month in payments.

If you’re having difficulty finding a lender that will lend on a foreclosure or need information on local foreclosed properties, feel free to contact me anytime

Jay Gedanken
Broker Associate
PineappleHut Realty
... more
0 votes 3 answers Share Flag
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