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Foreclosure in 06710 : Real Estate Advice

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  • Local Info2
  • Home Buying0
  • Home Selling0
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Activity 8
Fri Mar 29, 2013
Phil Zimbardi answered:
A lot of the time they are not flexible with the amount. I would expect a minimum of $1000. See what they offer and then make a realistic counter (less than 2x) that includes being out within 2 weeks. ... more
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Mon Aug 8, 2011
Ron Thomas answered:
If it all goes like usual, the house will not sell at Auction, (very few do)
That will make the House revert to the Lender.
Then, 2-3 weeks later, a Realtor will get the Listing and they will visit you: They will offer you Moving Money/Cash for Keys, from $1000 to $3000 for a timely move without damage to the house.
Please do not take the lights or the doors.
From that point, they would expect you to be out in 30
They will give you the money AFTER you move.

Good luck and may God bless
... more
0 votes 5 answers Share Flag
Fri Jul 22, 2011
Michael Emery answered:
If there is such a thing, they would be listed on the website
0 votes 6 answers Share Flag
Mon Apr 18, 2011
Laura Feghali answered:
Hello Kathy,
It's hard to say without more information about the listing but I would think that the property may be up for auction with a starting bid at $1 or it could mean that the bank is willing to entertain all offers. Please, feel free to contact me with additional details as then I may be able to explain further.

Laura Feghali
Prudential Connecticut Realty
... more
0 votes 3 answers Share Flag
Mon Apr 18, 2011
Sarah Klamm answered:
There are many phases of a foreclosure. Sometimes, they have not designated a listing price yet. Some of the homes are not even for sale at this time. Websites pull info from other websites and information is often invalid or old. If you find something that looks good, check with a local agent in your area who can get the details for you or watch for the home to hit the market and then notify you. DO NOT pay one of the "foreclosure listing" sites for their info. Your local agent is always your best bet. Good luck! ... more
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Tue Apr 19, 2011
Dave Jones answered:
Where did you see it posted? Some foreclosures are Auction style listings and that might be the opening bid. I am a full time Broker in the Prospect/Waterbury area. If you have a question on a specific home, give me a call. 203-758-0264 ... more
0 votes 4 answers Share Flag
Sun Jan 27, 2013
Connie Pereira answered:
Although it is hard to say why a property is advertised for a $1, it can mean one of many things. In some instances, there may be liens on the property that will be assumed by the buyer. In other cases, it could be back taxes that haven't been paid by the seller. Each property is different, and if you were interested in one of these properties, your best bet is to reach out to someone involved with the sale to learn more. ... more
0 votes 3 answers Share Flag
Tue Jan 20, 2009
Joel answered:
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