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Foreclosure in York County : Real Estate Advice

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  • Home Buying4
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Activity 21
Sat Aug 8, 2015
Christopher Pagli answered:
What is the exact address you are inquiring about?

Chris
0 votes 1 answer Share Flag
Sun Mar 8, 2015
ntherrien5737 asked:
Wed Sep 17, 2014
Annette Lawrence answered:
Yes, someone does know.
Since you will be REQUIRED to be represented by a real estate professional anyway, you should simply call a South Berwick REALTOR and HE/SHE can provide you all the details related to that property including if it is available for sale, has already sold, and if you are using Trulia, if the property was EVER for sale. ... more
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Sun Jul 27, 2014
budmongold asked:
Sat Mar 29, 2014
Murphy Team answered:
Compelling an unwilling owner is difficult at best. An attorney would be your best approach. Perhaps offering the co-owner financial incentive would work, but in light of the pre-foreclosure, there may not be funds to do that. ... more
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Sat Mar 29, 2014
allan erps,ABR,SFR answered:
Any offer you are comfortable with but certainly discuss with your RealtorĀ® to determine a fair but not best price. Allan
0 votes 6 answers Share Flag
Tue Sep 24, 2013
Jeffrey Campbell answered:
FYI... We inspected #46 last week for a potential buyer... it is under contract as Theresa has said. I don't recall seeing anything at that time for 44.
0 votes 4 answers Share Flag
Wed Sep 11, 2013
Theresa Greeley answered:
Diane
Dayton is a short drive to the lake or beach.A small community just outside of Saco & Gorham.I live in Dayton and please feel free to email me your real estate questions and I am happy to help you.
have a great day
Theresa
... more
0 votes 1 answer Share Flag
Sun Oct 7, 2012
Tiffany Hampton answered:
Hi tsgoldman62,

I noticed no one responded to your question back in August. Foreclosures take time especially now with foreclosures under so much scrutiny. If you want to contact me directly with the property number I can do some research and get back to you. I haven't seen it in the MLS which means it is still in process or was sold at auction. Without the street number I cannot do much research.

Tiffany
... more
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Sat Jul 7, 2012
John Fennessey answered:
Hi Mark.

The answers you are receiving are good. A local realtor in Lebanon may already know which homes are bank owned, and can advise you from there.
Unless your an investor or cash buyer, I have found buyers having trouble getting financed as most of these homes have condition issues which are not compatible with their loan pre-approvals. Also, the selling institutions are looking to get as much as possible for these homes. Your not buying them for one dollar. Charlene directed you to Homepath.com which is a good site as Homepath has a program which includes needed renovations on the properties.
My advice to buyers is to find the home you like and want, and that you are qualified to purchase, and then if its a bank owned property which may afford you a stronger bargaining position, then thats a potential bonus. But again, the condition issues have to be considered for your financing. Your loan pre-approval, what that loan programs guidelines are, and what it allows for renovations are the most important factors.
Lastly, the question of whether you are looking for a home for yourself to live in or a property to "flip" comes into play on which loan program will work for you. So make your first stop a Lender so you know what your options are, that will make the search more focused and hopefully result in a purchase for you.
... more
0 votes 3 answers Share Flag
Tue Apr 17, 2012
Budjillett answered:
Hi John,

I remember when it was listed by ReMax about 2 years ago and was then withdrawn. However, it seems to have completed for foreclosure process (according to the Trulia listing) and is now for sale again . . . but it doesn't list a broker or contact method?

Many blessings,
Bud
... more
0 votes 3 answers Share Flag
Wed Jan 18, 2012
Bonnie Dridi answered:
The answer is no. Your father in law can sell the house to your husband but he would still have to pay off the existing mortgage and get a new mortgage in his name. The only other way is to see if the existing mortgage has an assumable mortgage clause (I have a house in Kittery and have this) that would allow your husband to take over AND PAY the mortgage. Otherwise best to negotiate a short sale or an allowable sale between related parties with bank prior to foreclosure. If your credit is not good there is very little recourse to save the house, other than all moving in together to share expenses and get a modification with combined income. Best of luck lots of good folks in the same situation as you. Bonnie Dridi @ Prudential Verani - Portsmouth bdridi@comcast.net ... more
0 votes 4 answers Share Flag
Wed Jan 5, 2011
Laura Fleischer answered:
Hi Shortcat - it doesn' t look like that property is or has been listed, what are you looking for in a home - perhaps I can offer my services to you. Follow the link to my website on my profile, or call

Laura Fleischer
RE/MAX By The Bay
207-776-8436
... more
0 votes 7 answers Share Flag
Wed Nov 24, 2010
Jane Chase answered:
0 votes 3 answers Share Flag
Fri Jun 18, 2010
Steven M Dyer answered:
I put out a list of Distressed Properties each week in your area. I have 9 on the list in Old Orchard currently. If you can e-mail me the address, I will let you know. My e-mail address is steve@TheMidCoastGroup.com.

Blessings!!
Steven M. Dyer, CRS
Keller Williams Realty
50 Sewall Street, 2nd Floor
Portland, ME 04102
207.975.9330
... more
1 vote 4 answers Share Flag
Thu Aug 20, 2009
Mh Solutions Inc answered:
Hi Dave,
REO properties have already been to auction. Once the bank forecloses on a property and has an auction then it becomes an REO (Real Estate Owned). Finding the auction date at this point therefore would require looking back in time. If you're interested in putting in an offer on it, then you'll want to find the REO broker that the bank plans to use. I'd go to the public records find out who the lender is, call them and ask. They may not give you any info if you're not authorized, but they may! Also, the lender's often advertise REO's on their websites before they hit the MLS. You may need to dig a little.

Good luck!
... more
0 votes 3 answers Share Flag
Wed Oct 22, 2008
Keith Sorem answered:
Mara
You have excellent answers here.

A couple of thoughts:
You have three options that I see from your post:
1. If you want to stay in the home, try to get the lender to re-negotiate the loan.
2. If you want to get out of the home, then try to negotiate a short sale.

these two options require the opposite approach. In both cases you need to explain to the lender how at one time you qualified for the mortgage and could make the payments, and how it is that now you are in trouble. You will also be asked to provide a financial statement of assets and liabilities.

To obtain the loan mod you'll need to prove that if they give you are lower mortgage payment that you can pay it.
To negotiate a short sale you want to prove that you are broke.

The lender would rather have you try options one or two FIRST.

From the lender's perspective they would rather NOT have to foreclose.

If you would like I would be happy to try to refer you to a Realtor that could provide you with advice on your options. Contact me via my Trulia profile.
... more
0 votes 7 answers Share Flag
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