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Foreclosure All Locations : Nationwide Real Estate Advice

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  • Local Info61K
  • Home Buying266K
  • Home Selling46K
  • Market Conditions26K

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Showing results for Foreclosure [Clear search]
Sun Apr 21, 2013
Simon Campbell answered:
If you are looking for a website that offers up to date foreclosure listings, I would like to recommend www.bankforeclosuresale.com. This is a site that requires membership but you can peruse through the listings in your market area first before signing up.

Our database contains over two million foreclosure homes, including bank foreclosures, government foreclosures like VA homes and HUD homes, distressed properties and commercial properties that are for sale all across the nation. All of the listings have had any outstanding liens eliminated and the title is free and clear. We also update our extensive collection of listings every day.

I did a quick search of distressed listings in and around Los Angeles and there are 2,498! Have fun shopping!
... more
0 votes 5 answers Share Flag
Tue Sep 22, 2015
Nan Brennan answered:
Hi Sarah,
One question, do you have a down payment? The larger the down payment the more likely you will be able to find someone to do a rent to own.
0 votes 8 answers Share Flag
Sun Sep 29, 2013
Bill Eckler answered:
Unless there are other legal issues your title company should be able to guide you through the closing process without any problem.
0 votes 4 answers Share Flag
Mon Apr 15, 2013
Remax Interactive answered:
One of the legal terms that homeowners in foreclosure often come across is lis pendens. In most cases of a homeowner behind on the mortgage payments, the lender's attorneys will file the initial foreclosure lawsuit with the court and a lis pendens will be sent to the county clerk or recorder's office to indicate that a particular property is in the process of a pending litigation. The term lis pendens is Latin for "lawsuit pending," and the lawsuit that it is referring to is the legal process of foreclosure. The most commonly used legal mechanism that would stop foreclosure is filing bankruptcy with the court, and even this only puts the process on hold while the creditor and debtor are coming to an agreement to negotiate a settlement of the debt. If a lis pendens is filed with the county recorder against a piece of property, this indicates that the house is already in some stage of the foreclosure process. The homeowners are no longer in the preforeclosure stage, or merely behind in payments. At this point, foreclosure can not be prevented, as it is already being pursued by the lender and its attorneys -- it must be stopped, and homeowners need to begin putting together a realistic plan and researching various ways to stop foreclosure, such as a mortgage modification, repayment plan, selling the house, or a foreclosure bailout loan.
I hope this answered your question.
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0 votes 0 Answers Share Flag
Tue Jul 21, 2015
Stephen McRory answered:
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I'd buy it with 10% down and NO PMI!

See program #6 below, then contact me to talk about how to minimize payments and reduce out of pocket costs.

1) 100% LTV- VA / (VA Jumbo @ lower ltv)
2) 100% LTV- USDA/12 mo. into Chapter 13 BK…OK Too
3) 99% LTV- FHA / (FHA to 580 score @ lower ltv)

4) 97% LTV- No monthly MI-No FHA 1.75% Fee
5) 95% LTV- CONDO
6) 90% LTV- No PMI -2nd Home
7) 90% LTV- JUMBO
8) 85% LTV- No PMI - Super Jumbo
9) 80% LTV- Invest./Rental
10) 75% LTV- Foreign Nationals

--------STATED INCOME ALT up to Super Jumbo-----------
www.StatedIncomeALT.com
11) 80% LTV- FIX n’ FLIP Invest. Prop.
12) 75% LTV- Foreign Nationals
13) 75% CLTV- Short Sale, BK, Foreclosure Forgiveness
14) 70% LTV- Soft and Hard Money
15) LOT/VACANT LAND LOANS
16) COMMERCIAL PROGRAMS-available nationwide

Go to: WWW.PRO-OPTION.COM or call 888-662-4404

Steve McRory
Pro Option Mortgage/ Florida
steve@pro-option.com
#204296

Prior Service U.S. Marine Corps
====
... more
0 votes 14 answers Share Flag
Wed Mar 11, 2015
douglasfenton answered:
Correction - Auctioned - the home has never been listed - Is it normal for homes to be auctioned without being listed first ? The house needs a big clean up.
0 votes 10 answers Share Flag
Sun Apr 14, 2013
Alain Picard answered:
If your question is about buying a home I would talk to a lender and have them sit down with you and go over what you need to do to get yourself where you need to be in order to buy as far as credit and so on. Start saving while you work on your credit and you could be ready to buy before you know it. Good Luck ... more
0 votes 2 answers Share Flag
Tue Apr 16, 2013
Alison Hillman answered:
Hi there-

Check the opportunities listed on Trulia, here: http://www.trulia.com/for_rent/Davenport,FL/x_map/

Ali, Community Manager
0 votes 1 answer Share Flag
Wed Jan 17, 2018
Liza Asbury answered:
Hi Kurt,
Call Glen Nielsen, 602.369.1520. He's excellent and would be happy to assist you!

Liza Asbury
Realtor | Realty ONE Group
www.arizonahousehunting.com
0 votes 29 answers Share Flag
Sun Apr 14, 2013
Tim Moore answered:
Why do you want to contact them? The bank can't sell it to you because they do not own it! They also won't talk to you about it because you are not the owner. If it's a preforclosure then that is a short sale and it will be listed for sale in the local MLS so call a Realtor. ... more
0 votes 1 answer Share Flag
Mon Apr 29, 2013
Tim Moore answered:
Go meet him and ask him to show you the property. If they can't or won't - RUN AWAY.
0 votes 8 answers Share Flag
Sun Jul 7, 2013
Allan Erps answered:
Sounds like that would be a starting point & hope your Realtor® will guide you through the process.
0 votes 5 answers Share Flag
Mon Apr 15, 2013
Brenda Stone answered:
Penelope-
If you'd like assistance, please email me your email address and I'll send you listings.

Brenda Stone
Brendarstone@aol.com
703-615-4862
Www.stonerealtyservices.com ... more
0 votes 7 answers Share Flag
Sun Apr 14, 2013
Judy Becker asked:
--This question was asked from this property: http://www.trulia.com/foreclosure/3045328370--N-Colina-Dr ...
0 votes 0 Answers Share Flag
Mon Apr 15, 2013
Joyce Lin answered:
Hi Robert,

The market is improving, we have seen price gains several months running.

I live and work in Leominster. Feel free to contact me (978-337-1237) or Joyce@JoyceLin-RE.com for a free Comparable Market Anaysis on the value of your home.

Joyce
... more
0 votes 8 answers Share Flag
Sun Feb 22, 2015
Stephen McRory answered:
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-

Can you put 10% down?


See programs below, then contact me to talk about how to minimize payments and reduce out of pocket costs.

1) 100% LTV- VA / (VA Jumbo @ lower ltv)
2) 100% LTV- USDA/12 mo. into Chapter 13 BK…OK Too
3) 99% LTV- FHA / (FHA to 580 score @ lower ltv)

4) 97% LTV- No monthly MI-No FHA 1.75% Fee
5) 95% LTV- CONDO
6) 90% LTV- No PMI -2nd Home
7) 90% LTV- JUMBO
8) 85% LTV- No PMI - Super Jumbo
9) 80% LTV- Invest./Rental
10) 75% LTV- Foreign Nationals

--------STATED INCOME ALT up to Super Jumbo-----------
www.StatedIncomeALT.com
11) 80% LTV- FIX n’ FLIP Invest. Prop.
12) 75% LTV- Foreign Nationals
13) 75% CLTV- Short Sale, BK, Foreclosure Forgiveness
14) 70% LTV- Soft and Hard Money
15) LOT/VACANT LAND LOANS
16) COMMERCIAL PROGRAMS-available nationwide

Go to: WWW.PRO-OPTION.COM or call 888-662-4404

Steve McRory
Pro Option Mortgage/ Florida
steve@pro-option.com
#204296

Prior Service U.S. Marine Corps
====
... more
0 votes 4 answers Share Flag
Mon Apr 15, 2013
Pat Halty answered:
I am Realtor and Property Manager that specializing in working with COA/HOAs that put liens on properties that don't pay their dues. Once the lien is in place, the COA moves forward with foreclosure action and gets the Certificate of Title on the property. Since the COA can't sell the property due to the mortgage in place, the COA can clean up the unit and rent it out and recapture the lost dues via rent payments.

This is a strategy that many COA/HOAs are pursuing, Consult with your association attorney for further details.
... more
0 votes 3 answers Share Flag
Fri Aug 16, 2013
Out and About answered:
and what kind of rent can we expect to receive?
0 votes 19 answers Share Flag
Thu Apr 25, 2013
Donald Mituzas answered:
Did you pay your mortgage up until the day of the closing without being late?
0 votes 8 answers Share Flag
Sun Apr 14, 2013
Lynn Ydoyaga answered:
All leins & taxes must be cleared at closing. it is the Seller's responsibility to provide clear title.
0 votes 1 answer Share Flag
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