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Foreclosure in 85257 : Real Estate Advice

  • All18
  • Local Info1
  • Home Buying11
  • Home Selling0
  • Market Conditions1

Activity 29
Fri Sep 25, 2009
Laura Myers PLLC GRI, CLHMS answered:
Yes, each bank handles their process differently and then you have each negotiator that is strong or weak in the process. Then you have each lisitng agent that is strong or weak in the process too All of which affect time. Also, if there is back end mtg insurance, second liens, bad BPO' much to add to the list that can make or break time lines.
Good Luck!
Laura Myers
Keller Williams
... more
0 votes 3 answers Share Flag
Fri Sep 25, 2009
Mr.P answered:
Hey Kevin
That Beauty is an Active Short Sale offered @ 110K

Here is link to the Listing

Good Luck
... more
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Sun Apr 26, 2009
Voices Member answered:
This really is a question for the mortgage loan professional you are already working with. If I were you I would call that person ASAP and get an answer.
Good luck!
Kelly McQuien
0 votes 4 answers Share Flag
Wed Feb 25, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
Check with a attorney but when a mortgage company accepts a deed in lieu there should be no deficeincy judgment. But I have seen some banks to some strange stuff in the last 6 months, so confirm with the bank. ... more
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Fri Sep 25, 2009
Christine Loschiavo answered:
Kimberly, Call your mortgage lender and tell them your situation. Many lenders are working out plans with homeowners right now. Instead of all of this unnecessary worry, find out the facts from your lender and you will know your time frames exactly. Good luck! ... more
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Thu Sep 25, 2008
J'aime asked:
characters, so it deleted half of the story! Sorry! Basically, these guys were either up to something bad because they though I had left the country and would not know or they just don'...
0 votes 0 Answers Share Flag
Thu Sep 25, 2008
Luetta Newnam, Broker answered:
Call an Attorney, Call Az Department of Real Estate, Call the bank.

Your story was a little confusing but, you need to document everything and get the property back in order.
0 votes 3 answers Share Flag
Thu Oct 4, 2012
John Gordon answered:
All bank owned homes that are for sale, listed by REALTOR'S (R) are supposed to be on the MLS. There are some "scam" companies out there that try to sell lists. and some legitimate ones too. In my opinion the best bet is to get with an astute agent that can set you up a website (fromMLS that comes direct to you) and they can have all REO listings sent direct to you. This way you can get only what you want. There are a lot of them out there now.

I represent the Seller on some of these properties and have Buyers agents who do this for people all the time. let me know if you want more info.
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0 votes 18 answers Share Flag
Fri Aug 22, 2008
Artur Ciesielski answered:
No one can give you a reliable answer. The best way to find out is to make an offer. In general these REO properties are priced slightly below market and that is what they sell for. There is no reason for a bank to sell it for a price too much below market price, especially in an in-demand market like Scottsdale. ... more
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