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08302 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying4
  • Home Selling2
  • Market Conditions0

Activity 6
Thu Mar 15, 2012
Gina Chirico answered:
Rich,

If it has not yet been foreclosed upon then the "previous" owner is still the current and legal owner of the property. Unfortunately even if they are in the pre-foreclosure and/or foreclosure stage and/or the property is either in bad shape or even abandoned, they do not have to sell it to you. They can just wait until the bank proceeds with the foreclosure and takes back ownership. If and when that happens, the bank will list it with a broker and it will be for sale. In the meantime, even if you were to get in touch with the owner, they would have to see if their lender or lenders will allow the home to be short sold (short sale). Without the help of a local real estate agent and/or attorney experienced in short sales, the owner may probably not even be able to make any agreement with the bank to short sell the property.

With all that being said and I do understand your position but I also understand the position of the current owners who probably do not want to deal with you, investors, companies promising to bail them out of foreclosure, their own lender, etc. The worse thing to do when facing foreclosure is stick your head in the sand but unfortunately many people do so.

Good luck.
... more
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Sat Aug 18, 2012
Anna M Brocco answered:
It appears that your question may have been cut off, therefore you may wish to ask again so that it can be answered accordingly--in the meantime, also keep in mind that any local realty office(s) can answer any questions as well. ... more
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Sun Jun 13, 2010
James Gordon ABR SFR SRS answered:
Hey Gaby if you two are getting together to beat the Realtor® out of their money you need to have the seller review the listing contract on how long the protection period is.

By the way how did you find out the property was for sale? ... more
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Sun Feb 22, 2009
Yelena Tsuladze answered:
Hello there!
How are you doing?
I am sorry, I want to answer your questions, but I am not sure what TV means in abbreviation TVRR.
I may look stupid, but let me know, please exactly where this RR is.
Sincerely,
Yelena
YelenaT@optonline.net
... more
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Thu Jan 22, 2009
Gina Chirico answered:
Janee,

Not sure of the answer. Your best bet is to contact the school directly and inquire.

Gina Chirico, Sales Associate
Prudential NJ Properties
973-715-1158 cell
0 votes 2 answers Share Flag
Tue Nov 25, 2008
Scott Godzyk answered:
Your best bet is going to be to get a buyer broker who can assist you through the buying process, they can nswer your questions about this area and point you in the right direction. . In most cases a buyer agent will not cost you anything out pocket. They get paid from the listing agent at closing through the fee offered to them in MLS and paid at closing. this way you have someone looking out for you. if you do not know any buyer agents in this area, i can always refer one to you, just send me an email. I hope this helps and Good luck with your search Valerie. ... more
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