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Foreclosure All Locations : Nationwide Real Estate Advice

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Showing results for Foreclosure [Clear search]
Fri Apr 12, 2013
Ron Thomas answered:
I've seen this many times:
Understand that Realtors do not give LEGAL advice, and you need to check with a Lawyer:
The Key is whether the actuall did file a LIEN on the House; the only way to be sure is to contact the Title Company: They should have a record of all Liens.
Most HOAs will not file a lien, because they know that it will be wiped out in a Foreclosure. As a private debt, they can sue you for everything up to another owner, (not the Bank,) taking possession.
And they will!

You will need a Lawyer, I repeat!
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0 votes 8 answers Share Flag
Tue May 21, 2013
Suzanne MacDowell answered:
You need to talk to a lawyer familiar with the laws in Massachussetts. In New Jersey tenants cannot be evicted simply because of a change in ownership. As long as they are in compliance with their lease, the new owner must honor the lease and offering tenants 'cash for keys' is against the law. Depending on the laws in your area, the tenants may not leave. You need to know what your rights are as the new owner and only a lawyer is really competent to answer those questions. ... more
0 votes 3 answers Share Flag
Fri Apr 12, 2013
Richard Shapiro answered:
Fri Apr 12, 2013
Anna M Brocco answered:
Keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in foreclosures, work with an agent, as most do end up being listed by a broker--he/she will have access to reliable information--also don't overlook traditional sales as some may turn out to be a much better bargain than some of the foreclosure properties. The referenced property is not showing as available on MLS; for available area properties check www.mlsli.com ... more
0 votes 2 answers Share Flag
Mon Apr 15, 2013
Minna Reid answered:
It can't.
An inspection contingency would not work for a home purchase when the home cant be accessed.
0 votes 1 answer Share Flag
Wed May 15, 2013
Jennifer Barker answered:
Hi Brian,


I have some great tools that can help explain everything. I have a great Buyers package that explains the entire process from a-z. I can email it to you in a PDF. Also you are going to need to speak with a lender that can help you decide the best plan of action. I can send you that information as well. Take a minute to look at my profile to see if you would like to work with me. Hiring the right team makes all the difference. I can also put you in contact with past clients so you can get a verbal reference on my skills and services. If you need anything else fee free to contact me directly. I look forward to earning your business.

Best Regards,

Jennifer Barker
Exit Realty Central
407-334-4856
jenniferbarkerrealestate@gmail.com
http://jenniferbarker.bestorlandohomesearch.com/ (Search for a new home here)
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0 votes 7 answers Share Flag
Fri Jul 19, 2013
Morgan Larson answered:
You'll need to check your original lease agreement. Your terms generally stay the same with the onset of a new owner, meaning that in this case the new owner would not need to give you an additional notice to move.

Your lease agreement may say something different. So please review agreement and speak to legal counsel with specific questions.
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0 votes 7 answers Share Flag
Thu Apr 18, 2013
George Scapellato answered:
Tue Apr 16, 2013
Cory La Scala answered:
I'm wondering why you didn't just ask the seller where the written disclosure is, if you already knew about the mold from your conversation together. If you knew about it, you could have asked the Seller to repair the damage and the issue that caused it. Read your contract. The answers you're looking for should be spelled out in the contract you agreed to. What is your agent saying? You never mentioned whether escrow already closed, or if you're still in your inspection and reports contingency period. I'd talk to your agent, that's what you hire them for. ... more
0 votes 6 answers Share Flag
Mon May 29, 2017
Jonathan King answered:
Welcome to Texas where you can buy a castle for the price of a shack in other states! It has always been this way as land is cheaper and homes here are more protected from foreclosure or bankruptcy unlike in other states where you can lose them if you are in bankruptcy! ... more
0 votes 9 answers Share Flag
Fri May 17, 2013
Steve Kittrell answered:
Sat Apr 13, 2013
Rob Wagner answered:
Your best bet is to go through a Realtor. It costs you as a buyer nothing to work with an agent, and a good Realtor will work hard to help you find what you want.

You have nothing to lose getting info from an agent. ... more
0 votes 7 answers Share Flag
Fri Apr 12, 2013
Abraham Bidhendi answered:
Hi Jean:

The HOA fee is $240/Year as per MLS.

Below is the link to similar homes in the area:

http://abidhendi.orlandopropertiesonline.com/listings/areas/41086,126533,126534/minprice/50000/maxprice/100000/beds/3/minyearbuilt/1990/propertytype/SINGLE/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale/sort/price+asc/

Please call or email me if you would like to look at them.

Thanks,

Abraham Bidhendi
Top Producer Realtor® with over 26 years of experience
Awarded as Exit's TOP Buyer side Transactions for the State of Florida
We have had 142 successful transactions during the past year alone.
Exit Realty Access, LLC
Direct: (407) 744-2533
Fax: (407) 444-9925
Email: REOsofflorida@msn.com
Website: http://abidhendi.orlandopropertiesonline.com
Kissimmee Office: 391 N. Main St., Kissimmee, FL 34741
Altamonte Springs Office: 660 Palm Springs Dr., Suite D, Altamonte Springs, FL 32701
... more
0 votes 1 answer Share Flag
Wed Apr 24, 2013
Jessica Kljajic answered:
Hi. Crame rate is calculated by City not area. Your best bet is calling the local police station.
0 votes 2 answers Share Flag
Thu Apr 11, 2013
Abraham Bidhendi answered:
Hi John:

Depending on the community it could be anywhere between $600 to $800.

Below are some samples of what are available in that price range in Haines City:

http://abidhendi.orlandopropertiesonline.com/listings/areas/38798/minprice/30000/maxprice/75000/beds/2/propertytype/CONDO/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale/sort/price+asc/

Hope this helps.

Abraham Bidhendi
Top Producer Realtor® with over 26 years of experience
Awarded as Exit's TOP Buyer side Transactions for the State of Florida
We have had 142 successful transactions during the past year alone.
Exit Realty Access, LLC
Direct: (407) 744-2533
Fax: (407) 444-9925
Email: REOsofflorida@msn.com
Website: http://abidhendi.orlandopropertiesonline.com
Kissimmee Office: 391 N. Main St., Kissimmee, FL 34741
Altamonte Springs Office: 660 Palm Springs Dr., Suite D, Altamonte Springs, FL 32701
... more
0 votes 1 answer Share Flag
Fri Apr 12, 2013
Steven Ornellas answered:
Shortylvta,

Depends on whether you are month-to-month or on a lease (and what it says).

You might be interested in the following:

http://docs.Steven-Anthony.com/Landlord-TenantGuideCA2010.pdf
(Also has link to 2012 update)

-Steve
... more
0 votes 3 answers Share Flag
Fri Apr 12, 2013
Randy Elliott answered:
My question is, "Why are all the prior tenants in the garage?" jk

Your best bet would be to get legal advice from a real estate atty or call Fair Housing or HUD.

Resources:
http://www.dca.ca.gov/publications/landlordbook/catenant.pdf

http://portal.hud.gov/hudportal/HUD?src=/states/california/renting/tenantrights

Good luck!
... more
0 votes 3 answers Share Flag
Sun Aug 18, 2013
Walter 'Skip' Kersten answered:
Generally foreclosed homes are purchased 'as is'. It would be the buyer's responsibility for repairs.
Good luck,
0 votes 6 answers Share Flag
Thu Apr 24, 2014
Michael Glist answered:
You can obtain an FHA loan 3 years after a foreclosure and a conventional loan after 5-7 years depending on the lender. If you would like I could give you a custom quote.

Contact me through my profile. ... more
0 votes 11 answers Share Flag
Thu Apr 11, 2013
Vidiella Lynn answered:
There are no guarantees, here today gone tomorrow.
0 votes 4 answers Share Flag
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