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Foreclosure in 76111 : Real Estate Advice

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  • Home Buying1
  • Home Selling1
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Activity 38
Sun Feb 3, 2013
Bruce Lynn answered:
That;s a question for an attorney, but not at all unusual for banks to postpone sale dates, sometimes several times.

Have you tried to work directly with the bank for a loan modification? ... more
0 votes 3 answers Share Flag
Tue Oct 9, 2012
Sean Brennan answered:
Tabitha... Your best bet is to find a real estate company that has several foreclosed listings, and has experience dealing with all the various aspects of getting a foreclosure ready for market. They will likely have a "clean out" team on call. I know we here at Covenant Properties have a crew for just this scenario. It may not be spotless when done, but CLEANED OUT of debris. Then you could get a merry maids to come and do a real cleaning to get it in to move in condition, pendingh you do not have repairs to complete first. ... more
0 votes 1 answer Share Flag
Fri Sep 28, 2012
Ron Thomas answered:
When you sign a LEASE, you are signing a CONTRACT:

There is reason why there are sooo many Lawyers specializing in Contract Law.
0 votes 6 answers Share Flag
Wed Aug 15, 2012
Dallas Texas answered:
Are you stating you had a short sale 2 years ago? IF yes inquire to mortgage broker no professional can render an opinion UNLESS your loan application is reviewed.

Most lenders require AT LEAST 2 years AFTER date of short sale reported to credit bureaus.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Multimillion Dollar Sales Producer

Follow me on Facebook
... more
0 votes 7 answers Share Flag
Thu Mar 23, 2017
Guy Gimenez answered:
Onlyhad one experience with them and it was horrible. They are a captive title company and certainly act that way.
0 votes 9 answers Share Flag
Sun Jun 24, 2012
Dallas Texas answered:

I specialize in residential leasing
Contact my office today
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
0 votes 6 answers Share Flag
Mon Jun 25, 2012
Anna M Brocco answered:
There really are no set standards as to how much below list price one should offer. In order to determine a fair offer review comps with your agent, recently sold similar properties in the immediate area; keep in mind that if it's listed on target, or slightly below, multiple offers may occur. ... more
0 votes 8 answers Share Flag
Sat Oct 22, 2011
Jim Mcninch answered:
The simple answer is no. The mortgage deed allows the bank to re-posses the property on default of payment - not your assets.

However, you and your parents face a significant and long term hit on your credit with a foreclosure. There are several alternatives to avoid foreclosure including loan modification, short sale and other approaches that can be implemented.

We specialize in assisting homeowners to avoid foreclosure. Please visit our website at or call us at 832-330-4588.
... more
0 votes 10 answers Share Flag
Wed May 16, 2012
Dallas Texas answered:
You need to confer with an attorney Realtor or any other professional can't not provide legal advice.

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
... more
0 votes 8 answers Share Flag
Wed Oct 19, 2011
Scott Godzyk answered:
Carleen this is very rare, not impossible... but would have to be purchased at a price low enough to entice an investor. The one thing is there are many scam who pray on people who are searching for similar types of leases so please be careful when responding to offers. Make sure they do own teh house and bnever wire money or pay cash. Never agree to rent anything that you have not seen as well. good luck working things out. your best bet may be to work with an agent who can assist you with a lease option so they can guide you. good luck ... more
0 votes 7 answers Share Flag
Mon Sep 5, 2011
Corey Spicer answered:
Good Afternoon,

I would be happy to keep an eye on the property for you and I can let you know as soon as it becomes available. Call me at 817-965-1022 and let me know the address of the property. ... more
0 votes 6 answers Share Flag
Sun Aug 28, 2011
Corey Buck Mann answered:
In my experience they still will. But that date does not mean that the action will be implemented. I believe they do it to as a fail safe in case they determine that the appropriate steps are not being taken to actively market the home and secure a Buyer. I have found that the date often gets moved, postponed or eliminated as the transaction is progressing. ... more
0 votes 5 answers Share Flag
Thu Apr 7, 2011
BG answered:
Thu Feb 24, 2011
Bruce Lynn answered:
I personally would not pay anything up front to anyone.

Why would you think the foreclosure was faulty?
Did you pay every mortgage payment on time and in full?

Robo signing or not, I think that's what most judges are going to ask.
Go to the Justice of the Peace courts one day to observe eviction cases.
They happen so fast it will make your head spin. Often 100 or more in one day and
may 1 to 2 mins each.
Tenants may win a few on some cases, but when it comes to non-payment
the judges I've seen dont seem to have much sympathy other than a "I'm sorry, I
can't help you if you didn't pay". Next....

I am not an attorney and don't know much about the courts or laws, but I also
wonder if you file a lawsuit that is deemed to be frivolous if you might not have to
pay court costs and BofAs attorney fees. That would hurt.

Most attorneys I know have a free initial consultation period.
Where did you find this attorney?
... more
0 votes 0 Answers Share Flag
Wed Feb 16, 2011
Dallas Texas answered:
You can always apply for a loan no professional can render an opinion till they review all your informaiton

If you are declined clear your credit move forward with a purchase

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
... more
0 votes 4 answers Share Flag
Mon Nov 15, 2010
Keith Manson- Metro Milwaukee Wisconsin answered:
If you are buying a foreclosure, make sure your team understands foreclosures and the process. There are issues that not everyone understand and if you don't get the proper representation you take on additional risk and your agent might not be able to react quick enough to get you the proper information in the time frame required.

Short sales are not easy and there is an experise required.

Good Luck
Keith Manson

First Weber Group
Certified Distressed Property Expert
Metro Milwaukee
... more
0 votes 3 answers Share Flag
Thu Nov 11, 2010
Wilene Norris answered:
Dear Home Owner, You should have received a certified letter stating the home will be sold at the court house and the date. If you did not pick this letter up at the post office, they can still foreclose. They only have to send this notice to the address they have on file for you. You can call the lender or I have access to the foreclosure postings that I can check for the address and date it will be auctioned. If I can help, please call. 817-946-8670. There are other means to stop foreclosures and you should consult legal consel. Sincerely, Wilene Norris, CRS,ABR,SFR,TAHS
Century 21 Mike Bowman, Inc.
... more
0 votes 1 answer Share Flag
Sat Oct 9, 2010
Scott Godzyk answered:
You shopuld not be making any offer based on what someone owes or what they paid for it. You need to either have your buyer agent or do it your self, but assess what the home is worth in todays market an dbase your offer on that.

Please see my blog for advice and tips on making an offer
... more
0 votes 4 answers Share Flag
Wed Sep 29, 2010
Anna M Brocco answered:
Consider consulting with an attorney who specializes in real estate before signing any legal paperwork--most professionals do offer a free consultation--or if you cannot afford one, contact your local Legal Aid Society for a pro bono attorney--free. ... more
0 votes 4 answers Share Flag
Mon Aug 30, 2010
David Chiles answered:
Thank you for your question about whether or not to do a Deed In Liue of Foreclosure or Judicial Foreclosure. Any answer speculation without further information about your income and debt, however, I recommend staying in the home. Please be advised that you should do what is in the best interest of your family not the previous owners. A child's education is important and switching schools is hard. ... more
0 votes 1 answer Share Flag
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