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Foreclosure in 32908 : Real Estate Advice

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  • Home Buying3
  • Home Selling1
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Activity 11
Tue Apr 16, 2013
Antonio Vega-Pacheco answered:
Realty Trac strikes again:
Look at the posting for that home again and find the logo for Realty Trac (black and red). Most times when you see that logo on any listing it means the price you see is NOT a sale price, and the home is probably not for sale as of yet. It is just a posting of what the Bank/Lender had to pay the courts to document regaining custody of the home when they foreclosed on it (transfer value); and/or an announcement that the foreclosure process has just begun (Lis Pendens). Next that Bank/Lender will take several months to put the property on the market at "Market Value for the specific community" and it will be listed/advertised as a Foreclosure or an REO. Was this answer helpful? If so please click on the "thumbs up" above.

Tony Vega
La Rosa Realty
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Wed Dec 26, 2012
jwilshe asked:
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This question was asked from this property: http://www.trulia.com/foreclosure/3104349825--Decker-Ct-NW-Palm-Bay-FL-32907
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Sun Nov 11, 2012
Danielle Sharp answered:
Sat Nov 10, 2012
Desare Kohn-Laski answered:
I would recommend contacting an attorney who handles these matters.
0 votes 1 answer Share Flag
Mon Oct 29, 2012
Christopher Lefebvre answered:
Some of the foreclosure data comes from other websites and the homes might not be listed on the MLS so they won't show up on Trulia. If you want to buy a home like that you would have to try to track down the owner of the house. ... more
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Tue Apr 24, 2012
Anna M Brocco answered:
Since no link is visible, if your interest in the property is high, rather than relying on opinions why not schedule a showing and see all firsthand...
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Tue Dec 18, 2012
Kimberly Reed answered:
Yes and no. A property with a tax lien is usually on its way to or is in foreclosure. We have foreclosed properties for sale. When someone bids and wins the tax lien rights they have not bought the deed but their investment pays the delinquent taxes for the property owner who has fallen behind, in exchange the buyer is given first lien position on the title. Liens for unpaid property taxes have priority over all other liens. You are not buying the property. If you are interested in obtaining tax liens, I suggest you familiarize yourself with the property of interest and your legal obligations. ... more
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Sun Mar 21, 2010
Dianne Hicks answered:
It is easy to buy a foreclosure but I would have a Realtor to advise me on where to go. You need to look at the comps because list price has little value sometimes. Here our market is hot so if you do go at the high end of comps... you do not end up with the home. A Realtor from your area will be best to guide you with what is happening there and where to come in with offer.

Good Luck!!!
... more
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Sun Oct 18, 2009
Sherry DeJong answered:
Dear Cletus,
Please send me your e-mail and I will send you a copy of the whole foreclosure proceedings. I am a short sale(pre-foreclosure ) specialist and I also list and sell foreclosure property. I can give you the pros and cons of doing a short sale as opposed to a deed in lew of foreclosure or a foreclosure. There are huge differences.You can either e-mail me at Sherrydj@earthlink.net or call me on my cell 321 795-7549 for the information you are seeking.
Thanks and God Bless,
Sherry
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Thu May 28, 2009
blaison samuel answered:
Carlito,

Wait till you get sale date? I'm not sure why did they advice like that after ONE YEAR of processing your loan mod? You are right, once you get the sale, that might be too late to save your home. I guess you need to contact someone at the manager level in that company or go with a different company or talk to an attorney. ... more
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Wed Mar 5, 2008
Bill Eckler answered:
Joan,
In these situationa, banks generally "Call the shots." The listing agent is caught in the middle with about the same amount of information and power as you. Banks move at their own pace(in some cases backwards) and allow things to happen based on their schedule. They have little interest in the buyer's needs, real estate guidelines, or customer satisfaction.
If you have an executed contract, you are on the inside track to obtain the property. Be patient! It's much too early to consider legal action.

Good luck,
The "Eckler Team"
... more
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