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Foreclosure in Revere : Real Estate Advice

  • All108
  • Local Info4
  • Home Buying17
  • Home Selling0
  • Market Conditions3

Activity 7
Sun Jan 3, 2016
Almendoza360 answered:
I'm looking in Revere, MA
0 votes 1 answer Share Flag
Thu Mar 13, 2014
Scott Morrissette answered:

You would need to change your preferences. I am an agent in the Revere, Boston area and own property in both Revere and Boston. I can help you with your commercial real estate needs.

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0 votes 4 answers Share Flag
Wed Jan 1, 2014
ColbyHalas answered:
Where would i find the contact info for a local agent?
0 votes 8 answers Share Flag
Thu Aug 29, 2013
Josh Barnett answered:
Just ask the owner if they want to sell, if they do and the property has clear title exchange payment for the deed.
0 votes 4 answers Share Flag
Tue Nov 29, 2011
Dina Kahriman answered:
New foreclosures are continuing to be part of the market and we expect more to come in 2012.
0 votes 13 answers Share Flag
Thu Aug 20, 2009
Carol Lynne Bull answered:
Good afternoon Ms. Martins, Are the properties you are interested in Va.? If they are I would like the chance to show the to you. If they are in the Metro Maryland of Washington D.C. I have colleagues who can work with you.I also have at my disposal Foreclosed properties and short sales I can show you. Give me a call, We'll have a coffee, see what I can do for you or sit and talk about the area you are interested in.

Carol Lynne Bull 571-215-6603
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Thu Aug 21, 2008
Michael Giles answered:
There are too many variables to approach every short sale the same way. All banks have their own set of rules and the bottom line is that if this is the house that you want then you need to play along and have an attorney review everything to keep you safe.

I currently have three short sale offers in, two of which have been in for over a month. All have a different set of rules laid out by the bank, One is the buyer's second attempt at a short sale. We backed out of the first one because the bank requested that they sign a blank mortgage application even though they were already pre approved. Our fear was that they would shop the mortgage around causing my clients credit to be pulled several times and lowering their credit score.

Again, many banks only accept a signed P&S as an offer. They need to legally give you the right to have an inspection however; if they want you to do it before making an offer and you really want the house, I think your buyers agent was correct in having you go through with it. It is a small amount of money to spend on peace of mind.
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