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