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Foreclosure in Troy : Real Estate Advice

  • All151
  • Local Info9
  • Home Buying50
  • Home Selling9
  • Market Conditions6

Activity 22
Wed May 10, 2017
Henrybetsy asked:
Mon Apr 27, 2015
Ericka Booker answered:
The Local Listing Broker, that is responsible for Bpo's and inspections on the subject property is usually able to get you cash for keys. Get the agents contact information, call and tell them that you want to move out of the property - but you don't have the cash to pay for moving expenses, etc. They usually give $500.00 - $5,000.00. depending upon the value of the property and the situation. ... more
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Thu Mar 19, 2015
RonS answered:
Seriously? The amount of time it took you to post this, could have been used to actually type in the words on an internet search of, "Fannie Mae Contact Number"...and you would get 1 (800) 732-6643 as a result. ... more
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Mon Nov 10, 2014
Dan Tabit answered:
Vickie,
Since you posted from Foreclosures, I can tell you probably never. The homes that appear here from RealtyTrac are rarely listed for sale and when they are, the price is completely different from what appears in their listings.
Find a great local agent and tell them what you are hoping to find and see what may be actually available.
... more
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Sun May 13, 2012
Barbhowe1 answered:
We have an attorney and followed all the steps and then at the last minute Wells said we forgot a form and said we could no longer do a shortcake. Their are proceeding with foreclosure. We still have a buyer but they won't even consider shortsale now. Let them have fun trying to find another buyer for a sick house with mold. Unfortunately we were stupid enough to buy it and 20k of remediation and repairs later and we still had to move out because it was making us sick. ... more
0 votes 11 answers Share Flag
Tue Apr 17, 2012
Vera Gonzalez answered:
Hi,

You could ask a realtor to give you a referral. Most of us know someone we could refer you to. If you are relocating some companies have agents who are specialists.


Hope this helps


Vera
... more
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Wed Mar 7, 2012
Reema Sharma answered:
Wed Mar 7, 2012
Reema Sharma answered:
Mon Feb 27, 2012
Lang Premier Properties answered:
Would love to assist you with your Real Estate needs, but your question was cut off I believe.

I am a Troy, MI Realtor specializing in Short Sales, Traditional Sales and also Foreclosures.

I look forward to your questions.
... more
0 votes 2 answers Share Flag
Fri Sep 23, 2011
Shirley Coronado answered:
Hi Shailesh,

I'm wondering what source you have seen that leads you to believe this house is on the market. Perhaps you are seeing a listing on-line with a root source of Realty Trac? If so, it could be a house that has gone to sheriff's sale which is the beginning of the foreclosure process. Realty Trac pulls much of its information from public records which would reflect the sheriff's sale. It may then be interpreted as an available house. However, in Michigan once the sheriff's sale occurs it could be 6-12 months (possibly longer) before it actually is available for sale.

Just a thought....


Shirley
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0 votes 4 answers Share Flag
Fri Feb 18, 2011
James Balk answered:
The relocation agreement should have contact info in it. If the date of the 28th is on the relocation agreement then that is most likely the date which the bank would like to have the occupants out by. The agreement should be offering cash to be out by a certain date(i.e 28th) or they will proceed with the eviction and take the cash for keys offer off the table. The eviction date has to be issued by a judge, and the occupants should have been served a notice of eviction with a court date. The judge will then determine when the eviction date is. Please feel free to contact me at 248-835-8621 and I can try to help answer more of your questions. ... more
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Sat Jul 31, 2010
Ron Ristovski answered:
Josie,

The listing of the property in MLS system has the asking price what the bank wanted for REO property. SEV value from the city records can provide as reference point to see what the market value. Based on these you can calcuate the along with costs of fixing things for making the house liveable.

Good luck,
Ron
www.youtube.com/TBMHomes
... more
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Fri Jul 16, 2010
Derek Bauer answered:
Aneta,

Did you ever make a move? We would like to hear, if you don't mind sharing. If so, did you use a Trulia agent?
0 votes 15 answers Share Flag
Tue Jun 8, 2010
Gerard Dunn answered:
Bob is giving good advice. If you have a payment arrangement with the IRS - especially with satisfactory payments for an extended period - your chances of securing a mortgage are good.

Many lenders will look at this as an additional debt - and count it in your debt ratio.

Be sure to have all IRS docs to show to the lender outlining your repayment arrangement. Having copies of checks showing payments made on a steady basis will probably help too...

Good Luck!

Gerry Dunn
Associate Broker

Serving Maryland, D.C. and Northern Virginia
301-651-8600
... more
0 votes 5 answers Share Flag
Sat Jun 5, 2010
Deborah Madey answered:
If the lien is legitimate and you acknowledge the debt, the lender will require it to be paid.

If you dispute the lien, the lender will require that an escrow account be set up with funds equivalent to the lien amount be held until the issue is resolved. ... more
0 votes 2 answers Share Flag
Tue Apr 6, 2010
T.J. Malkasian answered:
Jasean,

You should apply for a home loan with me. I will review your credit and let you know what the chances of you buying that, or another, home in the near future are. I can also run a credit analyzer that will tell us your potential score improvement based on making certain changes to your credit report. Then, I can rescore your report to reflect those changes. Currently, I can offer FHA financing down to a middle 580 credit score! Please fell free to contact me for more information or for assistnace.

TJ Malkasian
Mortgage Banker

Top Flite Financial, Inc.
4149 Embassy Dr.
Grand Rapids, MI 49546

P: (877) FHA-QUOTE
P: (616) 433.7066
F: (616) 829.6002
E-mail: TJ@TopFliteFinancial.com
... more
0 votes 2 answers Share Flag
Fri Jan 15, 2010
Patrice answered:
Fri Sep 25, 2009
Nash Khraishi answered:
There are many sites available. I would recommend connecting with an agent to define your criteria so he or she can get you these listings as soon as they become available on the market.

I would like to invite you to visit my site http://www.MyHomeComps.com where you can search for foreclosures, save your searches, and get alerted as new properties become available.
... more
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