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Foreclosure in Vallejo : Real Estate Advice

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  • Local Info22
  • Home Buying100
  • Home Selling1
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Activity 26
Wed Apr 20, 2016
Alexander Greer answered:
What is the property?

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
... more
0 votes 1 answer Share Flag
Sun Aug 18, 2013
Lisa Jonsson answered:
It depends on a number of factors. There are new laws that protect you, but several things can come into play such as, is this your primary residence, how many loans are on the property, and so forth. You may want to discuss all the details with a real estate attorney. There are some pre-paid legal services that are very reasonably priced that can answer your question in detail without breaking the bank. ... more
0 votes 14 answers Share Flag
Thu Aug 15, 2013
Alexander Greer answered:
I was just looking through old post and I noticed yours. If you were not able to refinance at the time of the post, I can certainly help you out now. You can call me at 408-352-5147 or email me at AGreer@themortgageoutlet.com. You can check us out at http://www.TheMortgageOutlet.com. I will look at your situation and present you with some options.

Alex Greer
NMLS #1056079
... more
0 votes 5 answers Share Flag
Tue Feb 12, 2013
michelle.pruitt23 answered:
is this house under foreclosure, 13 Inconnu ct, Kissimmee, fl
0 votes 7 answers Share Flag
Mon Jul 30, 2012
Terri Vellios answered:
This sounds like a legal question. Not knowing your contract we really can not advise. If you have a lease just because your landlord has a foreclosure action doesn't mean you can breach a contract you have with him.

It sounds like you are doing your due diligence in researching.

I recommend you call a local real estate agent to help you. Understand, that without a signed written authorization from the owner to his lender, the lender most likely will not communicate with you.

All the best to you.
... more
1 vote 1 answer Share Flag
Fri Dec 16, 2011
Dorene Slavitz answered:
Dear Arrrington,
Some large brokerages have "pocket listings" those are homes that are for sale, but not listed. Coldwell Banker is one of them, but I'm sure there are others. If you contract with a good buyer agent, your agent will find what you are looking for! ... more
0 votes 12 answers Share Flag
Fri Dec 16, 2011
Jean Bennett answered:
The Short Sale MUST take place before the foreclosure process; if this has already gone into foreclosure it will be highly unlikely you would be successful; the best thing to do is have the cash in place and make a bid at the Foreclosure auction. Or wait untilthe mortgage company / bank owns it and then go to them and make your offer. Be prepared to have a loan in place ready to pay into escrow immediately or have cash. ... more
0 votes 6 answers Share Flag
Wed Jun 1, 2011
Ron Thomas answered:
When you go through a Forclosure or a Short Sale, there are some debts/liens that go with the property, some that stay with you, and some that may disolve into a black hole.
You need good advice to protect your interests.
Start with a knowledgeable Broker; Mike Rowland, Windermere Rowland Realty, 400 Appian Way, El Sobrante, 510-222-9150 or e-mail; mikerowland@windermere.com
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0 votes 2 answers Share Flag
Sun Mar 27, 2011
K Elmi answered:
Technically yes, the HOA is only selling the house to collect the past due balance, once you agree to pay that the would try to get the pervious owner out of the subject property,
You can move in but since the pervious owner most likely will stop paying for that property and the house would be foreclosed, unless you keep paying the mortgage as agreed with previous home owner.

Oh one more thing in California the pervious owner can redeem the property back with in 90 days of the auction date by paying the amount owed.
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0 votes 1 answer Share Flag
Thu Jan 20, 2011
Richard Murphy answered:
Do you have a solid Cash offer, and is your Investor using an Independent third party Negotiator, or are you using a Realtor. When this started you should have Googled Short sale Investors. Then add the Realtor
It seems today the Realtor is just getting a few Offers and submitting them to the bank like they would a standard sale. A Short sale is about you, not the Bank. The Realtor has no skin in the game, it is between the Owner and the Investor / Buyer the only rule is it has to be listed with a Realtor, but having the Realtor do the Negotiations might not be the best avenue. Is your Realtor doing what is best for you, or is it best / easiest for them?

Good Luck
... more
0 votes 1 answer Share Flag
Thu Aug 12, 2010
Ruth & Mike Feast answered:
Hello first time buyer
The listing agent has a feducidary responsability to the seller not with you. So think about your next step deciding who will represent you, you need to have an agent that will protect your assetts.


best lucks
Ruth E Feast
Keller Williams Realty
... more
0 votes 9 answers Share Flag
Mon Jun 21, 2010
Car Kees answered:
Thanks to all for your time and advise. I sent a letter to the broker/owner today telling him about our great experience. I'm still going to give her a check, I feel she deserves and has earned it. We'll see how it goes. THANKS! ... more
0 votes 5 answers Share Flag
Thu Feb 11, 2010
Keith Manson- Metro Milwaukee Wisconsin answered:
If you do not have any of the agreements in writing, you are out of luck. If you do not have the $8000 you will be evicted without any justifiable reason that can be used in court. This eviction will also have a negative mark on your credit report. I would get out of the house as quick as possible.


Keith Manson
First Weber Group
Certified Distressed PRoperty Expert
Metro Milwaukee

http://milwaukeebailout.com
... more
0 votes 4 answers Share Flag
Mon Oct 19, 2009
Minna Reid answered:
Lynn - huh????

Karen - A great testimonial and ongoing referrals are the best way to thank an agent. If you insist on doing more maybe a gift card or something to that effect.
I think I would feel funny if a client sent me a cash tip. ... more
0 votes 10 answers Share Flag
Fri Sep 18, 2009
Jay Grossman answered:
The REO "Bidding" is always a scam or comes under "Impossible Bidding" since you
have an "Insider" controlling the Bidding.
The Addendums are for ADDING something to a Contract....the Junk the Bank adds
doesn't meet CALIFORNIA DISCLOSURE OR INSPECTION LAWS....just ignore that crap
since they dont' even know what the word addendum means.
And, they use a Counter Form to do the "Highest and Best" sucker Bids....Counter means
a "Change" of something on the original contract....they need to add a FROM....
and a TO...... so that they at least use the FORM CORRECTLY.

The WHOLE STRUCTURE is like the Typical REO...Junk that needs some MAJOR
WORK to correct the problem(s)
... more
0 votes 9 answers Share Flag
Wed Sep 16, 2009
Debra Engel answered:
I would suggest meeting with a professional that is familiar with this situation. One option is to Short Sale the property which will help make the process a little more bearable. Depending on what area of California you are in will depend on the negative equity you have. Of course it is always best to ask an expert before doing anything. ... more
0 votes 3 answers Share Flag
Tue Jun 30, 2009
Jeanie Kees DRE 01463998 answered:
It depends.

Absolutely check with a real estate lawyer or tax professional.
0 votes 3 answers Share Flag
Mon Jun 29, 2009
Inspiration Home Staging answered:
You know, maybe a year ago I saw something on TV that talked about the same thing. I didn't catch the whole show or segment but it has always stuck in my mind, seeing these people talking about on camera what they were doing. I never could figure out how they could buy a different home when they couldn't afford the existing home... ... more
0 votes 4 answers Share Flag
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