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Government Tax Foreclosure Properties All Locations : Nationwide Real Estate Advice

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Showing results for Government Tax Foreclosure Properties [Clear search]
Fri Dec 20, 2013
Michelle Adams answered:
Hi Rene,

Good question! The quick answer is yes, you would pay taxes on the tax appraised value. You can look up tax appraisals by address here

Please let me know if you would like additional information about foreclosures, I have 8 years experience buying and selling foreclosed homes in and around Austin.

Thank you,
Michelle Adams,
Real Estate Consultant
Ultima Real Estate
512.574.2969 cell | 512.812.4412 fax | 512.22CONDO Office
Find me on: LinkedIn | | About Me |Trulia
Please review Information about brokerage services
Current Government Affairs Committee Member
Sales | Leasing | Purchasing | Land
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0 votes 11 answers Share Flag
Mon Dec 17, 2012
Michael Hammond answered:
Hindsight's always 20/20, hogwmfwa, but was there no way to get Wells, the Buyer, their Agent, your Agent, as well as you and your spouse together and somehow make that $15K payment to USAA happen? As far as your current options, you might consider speaking with an attorney. Tomorrow. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
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0 votes 13 answers Share Flag
Fri Aug 12, 2016
Phil Makarewicz answered:
USDA is a very common type of lending in this area, almost all first time buyers are going with 100% financing such as USDA or FHA. Their inspections require a lot of basics such GFCI outlets in kitchens and bathrooms, is there any peeling paint, is there a sign of a problems that might cost the buyer money in the near future ? Depending on what kind of condition your home is the deciding factor if it will pass USDA. Personally I'm able to tell if a house will pass just by walking through it, but that's because I used to be a contractor. You can also call the USDA office in Ottawa and get the guidelines you might going up against. I hope this helps. ... more
0 votes 6 answers Share Flag
Mon Dec 24, 2012
Norma Perry answered:
Buy when I was first married in 1963 while prices were low and you got a lot for your money.
0 votes 145 answers Share Flag
Fri Jun 12, 2015
Moses Schwartz answered:
There are lenders that will lend you 50-60% without a problem as a second home or investment property. Feel free to call me and I can point you in the right direction. I have been in the mortgage business for the last 10years and can get you access to very competitive lenders. feel free to call me at 305-987-9179 or email me at


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0 votes 29 answers Share Flag
Mon Jan 9, 2017
Lenny Frolov answered:
Yes the requirements still apply regardless if you paid cash or got financing. HUD accepted your offer based on the assumption you will occupy, they may have went with a different offer if you were not intending to occupy. ... more
0 votes 18 answers Share Flag
Tue Apr 15, 2014
James Martin answered:
Most banks/investors require the the transaction to be an "Arm's length transaction".
Here is part of the wording from such an affidavit from BOA.

l hereby affirm that this short sale is an "Arm's Length" Transaction. No party to this conlract is a family member,related by blood or marriage.

Obviously, fraud would be committed by signing the affidavit and having the listing agent being related to the seller.

James Martin
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0 votes 11 answers Share Flag
Sun Nov 11, 2012
LaTonya Martin answered:
Absolutely, you can earn equity from purchasing a foreclosed home. I work with several investors & first time home buyers, who have gotten some great deals in the last view months and moved in with 30K or so in equity. It all depends on the value of the property. They are not giving foreclosures away, but it is a great time to buy! Call me @ 615-582-1156 and I can personally answer your questions for you. Thanks LaTonya ... more
0 votes 7 answers Share Flag
Thu Nov 6, 2014
Jesus Pazmino answered:
Hi Angelica,

Buying a foreclosure through a listed property is usually always closed through the title agent. The title agent will run a lien and title search that will show any defects in title and give the bank the opportunity to correct those defects. In the end, unless otherwise stated, your title should be free and clear. You do not pickup any debts. This goes for any listed property, shortsale, regular Sale, foreclosure.

Please feel free to call me and I can go into more detail.

Jesus Pazmino PA
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0 votes 16 answers Share Flag
Sat Apr 22, 2017
Charryl Youman answered:
Hello, Janelle. If you are looking in the Venice area, at zip code 34293, please note that:

1. The local MLS has a public access area, where you can see fresh and correct data - and everything on the market. Try It's not affiliated with any broker - it's a public domain, free and easy to use.

2. I live and work in Venice, so I know that there are other zip codes you might want to check in Venice:

34292, which is the corridor around Venice Avenue (leading to the beach and historic district)
34285, which is Venice Island and some areas just off the Island, but, again, close to the beach
34275, which includes North Venice, and a small, sister City of Nokomis, right next door

34293 is the biggest area in Venice, but not the only area. I don't want you to miss a thing!

3. If you like the satellite view that Trulia offers, you can try my website at It also offers street view, which is kind of cool (it lets you walk around the house and the neighborhood), a daily updated listed of all Venice foreclosures, and is also FREE and easy to use.

I never bug anyone who uses my website, so you can play at will.

I hope that helps!
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0 votes 14 answers Share Flag
Mon Oct 1, 2012
Nick Gandhi answered:

At any given time, the lender will look at many things, amongst which one of them is debt to income ratio. If both of you have enough income to pay for a new home, which considering all the debt (including payments of older homes purchased), they will be more likely to qualify for a loan.

This statement is simply one of the several things they look at. Other important considerations include credit score, assets, income, purpose of purchasing home, tax returns, etc

I would talk to a Lender right away who can guide you for your particular scenario.

Best of Luck!

Nick Gandhi
Equity Capital Real Estate
(203) 280 3838
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0 votes 11 answers Share Flag
Mon Oct 8, 2012
Bill Parker, CPA* answered:
Hi Jason:

The number and extent of conspiracy theories is truly amazing. With this one, I can't even figure out the motivation...(is it suppose to be pro-Obama or pro-Romney? What benefit would it have to the banks to do so?)

Arizona is a "Non-judicial" foreclosure state, meaning banks can process them without having to go to court. This accelerates the process tremendously here in Arizona, so that everything I have read indicates we do not have much of a "shadow inventory" waiting to be dumped onto the market. Much of the lower end of the market got, and is being, absorbed by investors. Many other homeowners, unfortunately, are unable to sell due to being underwater so there is a constraint on houses coming onto the market. At the same time, you still have many new people coming into the market, wanting to buy their first home--to take advantage of great interest rates, etc.

In my humble opinion, these are the reasons why there is such low inventory in the Phoenix area, not some hidden agenda by the banks. Or, is it just me???

Bill Parker
NMLS #223607
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0 votes 9 answers Share Flag
Wed Sep 5, 2012
Dallas Texas answered:
FYI - all Realtors are paid by the property owner whether location is :

Covers listing agent , buyers agent, tenant agent, or apartment locator

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer

Follow me on Facebook
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0 votes 27 answers Share Flag
Mon Jul 13, 2015
James Bellile answered:
Please give me a call tomorrow 702-222-0815. You need to get that credit score up to 620+. I have a contact that can do a rapid re-score for you and should be able to have that goal within 30 days. Paying off your credit cards is a great start, but there are 100s of other simple ways to dramatically improve your credit in a hurry.


James Bellile
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0 votes 19 answers Share Flag
Fri Mar 22, 2013
Ronald Klug answered:
Yes, I not only assist investors but invest my self. I just purchased a 5/3 home at the end of June for 104k and sold it 6 weeks later for 155k. One home I bought less then 30 months ago is making me almost $800.00 per month rental income and has over 60k in equity while another I just bought 9 months ago appreciated 60k also.

I would be happy to assist you. I can be reached at 702-321-5067 or you can visit my web page at www.


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0 votes 23 answers Share Flag
Wed Feb 10, 2016
Ron Thomas answered:
What do YOU do for a living?
Can we work a deal where you do your work, and I get half of YOUR pay?
Why do you think you should be entitled to half of my pay?
0 votes 115 answers Share Flag
Thu Sep 19, 2013
Robert McArtor answered:
My team has a 96% track record of taking a property from a listing to settlement through the Short Sale process. We have a Short Sale facilitator on our team ready to serve you. Please contact me through my website. ... more
0 votes 19 answers Share Flag
Wed Jul 18, 2012
Alain Picard answered:
A lot of people do stop making their payments to do a short sale. I would talk to a real estate attorney that does short sales or a local real estate agent and go over everything with them. ... more
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Tue Apr 4, 2017
Anna M Brocco answered:
For accurate advise, and in order to best protect yourself, you really should be consulting with an attorney who specializes in real estate....
0 votes 33 answers Share Flag
Thu Jul 12, 2012
Suzie Marquardt Dave Fahrny answered:
I do not think we are going to see the inventory increase any time soon. I was at a meeting with some of the attorneys and brokers in Las Vegas on Tuesday. They are saying the shadow inventory is a myth.
The numbers showed we have 14 days of inventory in Las Vegas. I have seen the demand but I do not know where any additional inventory is going to come from. Are the banks holding out to drive up prices? If they are we should get that answer soon. I would think that they would release properties onto the market with the amount of available properties this low. It is amazing how the market can shift from one extreme to another.
Thank You
Suzie Marquardt
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0 votes 15 answers Share Flag
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