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Foreclosure in Stockbridge : Real Estate Advice

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  • Local Info24
  • Home Buying32
  • Home Selling4
  • Market Conditions5

Activity 5
Mon Jun 27, 2016
Keith Killingsworth asked:
If I get pre-credit approval can I buy a foreclosure on auction
0 votes 0 Answers Share Flag
Wed Jul 18, 2012
Jake Williams answered:
You will need the heat to be functional to move forward with the transaction.
FHA criteria is often fairly strict.
We just had a deal in our office fall through due deck posts not being cemented in and coming in contact with the dirt. It was deemed a termite risk.

Your agent should be able to advise you on the right course of action
... more
0 votes 7 answers Share Flag
Wed Jul 18, 2012
Jake Williams answered:
Hiram,

I am an agent and would be more than happy to work with you to find out more information about the property you mentioned.

I work hard for my clients and appreciate the opportunity to work with you,

Please contact me:


Jake Williams
678-464-6025
... more
0 votes 2 answers Share Flag
Tue Jan 29, 2008
Lorie Gould answered:
Don... I would certainly hope that there would not be anyone to give you a thumbs down for that answer. You are 100% correct, now that she knows it is okay for her to obtain a loan to pay the difference at closing so she can close her home she should contact a lending institution such as her bank or credit union.

I am so confused as to why short sales keep being discussed when Anna is simply asking if it is legal for her to obtain a loan to sell her home since she is upside down. She has not mentioned any financial issues with her mortgage and she has mentioned in post below that her credit is good and that she has not been late on her mortgage or other debts.


Is that market that bad that we automatically assume that a homeowner who is upside down has to consider a short sale or foreclosure. I certainly hope not!

Anna... I applaud that you honor your obligations and want to pay off the full balance of your existing mortgage. It is truly a breath of fresh air! I am sure that everyone that has posted here feels the same!
... more
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