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Foreclosure in Westmoreland County : Real Estate Advice

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  • Local Info0
  • Home Buying2
  • Home Selling0
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Activity 23
Anna M Brocco, Real Estate Pro in Williston Park, NY
Sun Apr 26, 2015
Anna M Brocco answered:
Rather than trying to locate and interpret laws, perhaps it's in your best interest to consult with an attorney who specializes in real estate beforehand and for any related paperwork should you decide to purchase and win the bid; be prepared and protect yourself... ... more
1 vote 1 answer Share Flag
nICEsTEELERS…, Home Buyer in West Newton, MA
Sun Feb 1, 2015
nICEsTEELERSFAN answered:
I am interested in the house in West Newton,PA 15089 listed at 29,610 Please respond to me with a answer as soon as possible I am looking to buy a house in this area,
0 votes 1 answer Share Flag
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Fri Nov 21, 2014
Tim Moore answered:
It could be both sold and now owned by the bank that had the loan. You linked nothing so no one knows what you were looking at. Foreclosure lists are often horribly out of date and incorrect. Call a local Realtor and ask. ... more
0 votes 1 answer Share Flag
Theresa Clot…, Home Buyer in Myrtle Beach, SC
Mon Aug 11, 2014
Theresa Clotworthy asked:
Will I get served papers on when I have to be out or will they just come and change the locks? I live in Westmoreland county Pennsylvania?
0 votes 0 Answers Share Flag
Nikki, Home Buyer in Philadelphia, PA
Tue Jul 15, 2014
Nikki answered:
Did you ever get anywhere? I want a hubzu house and it has been nothing but a pain even with all the research I did. I know what bank owns it but not sure if that is helpful...
0 votes 1 answer Share Flag
Virginia Stu…, Real Estate Pro in Irwin, PA
Mon Feb 10, 2014
Virginia Stump answered:
Do you have any type of income? Welfare? Child support? Social Security Disability? Alimony? If so, you might qualify for subsidized rent. Check out listings through the local housing authority, HUD, and USDA Rural Development I recommend meeting with a counselor at your local community college. They might have some work/study programs, while you complete your GED. You might also see if you can get a short internship, paid or unpaid. Often, employers will hire good interns, after the term of the internship. If you are creative, you might try selling some handcrafted items. If you attend a house of worship, ask the leadership if they know of any job openings. Network, network, network. It can be who you know, rather than what you know that lands you a job. ... more
0 votes 4 answers Share Flag
Keith Willoc…, Real Estate Pro in Derry Township, PA
Sun Sep 29, 2013
Keith Willochell answered:
Hello,
I was wondering if you are looking to purchase as an investor or as an occupant, I can help, feel free to contact me anytime.
Keith Willochell
RE/MAX Select
724-961-0232
0 votes 3 answers Share Flag
Virginia Stu…, Real Estate Pro in Irwin, PA
Wed Sep 18, 2013
Virginia Stump answered:
You can "flag" listings that are fraudulent on this site. Each listing has a link to click on. Sometimes, the "street view" on these listings are just that. The home on that view might be a neighboring home. ... more
0 votes 2 answers Share Flag
Dp2, Other/Just Looking in Virginia
Sat Sep 24, 2011
Dp2 answered:
Besides working with an agent, or checking out various websites, you also might want to consider reaching out to some of the investors in your area.
0 votes 7 answers Share Flag
Gita Bantwal, Real Estate Pro in Jamison, PA
Wed May 11, 2011
Gita Bantwal answered:
Good luck in your search. I hope you are working with a good buyer's agent. When looking at short sales and foreclosures you should be aware of such problems. Sometimes you can get a better deal when it is not a foreclosure. ... more
0 votes 14 answers Share Flag
Robert Range, Real Estate Pro in Reno, NV
Sat Mar 19, 2011
Robert Range answered:
Lender can prosecute if they think they can prove a case and it makes financial sense to do so. However, I have never heard of a case actually being brought against the former owners - and we see a lot of foreclosures out here, many of which have been trashed.

Robert
Prudential Sierra Nevada
... more
0 votes 4 answers Share Flag
Beth Masland, Real Estate Pro in Camp Hill, PA
Fri Feb 18, 2011
Beth Masland answered:
Hi Erin,

Yes, I know it seems goofy but that is the way it is. The bank you are dealing with has indicated that they would like to accept your offer, but they also have to check with the company which provided the insurance (pmi) on the loan to the origonal owner. That pmi guaranteed the bank some level of protection against the situation in which they are now faced - that is taking an offer that will not pay off all the debt and accrued interest and fees on the property. The insurance (pmi) company also has a say in the acceptance of a contract and its terms since they also have a financial interest/obligation in this property.

Does this help your understanding at all? (The last one of these I did it took the pmi company about 2+ weeks to give us an answer.) Good luck to you - sounds like you are 3/4 of the way to a new home!

Take care,

Beth
... more
0 votes 2 answers Share Flag
Dan Chase, Home Buyer in Texas City, TX
Sun Sep 12, 2010
Dan Chase answered:
Pay the overdue taxes. That will stop everything. Talk to someone at city hall and get this done quickly.
0 votes 1 answer Share Flag
Keri Lynn, Home Buyer in Trafford, PA
Thu Feb 4, 2010
Keri Lynn answered:
We put an offer in 1 month ago through our buyer's agent. Then she got a phone call from the bank's agent after 2 weeks that the bank was going to lower their asking price. So we withdrew that first offer, and put in a lower price. The other agent assured us we were the only offer on the table. That was 2 weeks ago, we've heard nothing at all from the bank.
We don't even think they saw our first offer if they decided to drop their asking price after we had made a higher offer.
At this point we are ready to give up and look for something else. It's just this is a great house, and a really great deal.
Any way we can jump start the other agent to get ahold of the bank!? She keeps telling our agent she hasn't heard anything yet.
... more
0 votes 3 answers Share Flag
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