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Foreclosure in 90042 : Real Estate Advice

  • All39
  • Local Info3
  • Home Buying25
  • Home Selling3
  • Market Conditions1

Activity 212
Tue Apr 16, 2013
Pebble Singha answered:
Hello Ed,
Interesting question you have posted here. I am a bit confused by your question. More specific details are needed without assuming things here. Depends on who is the owner here? Are you thinking the actual owner or are you thinking of a Bank foreclosing ( This is a common mistake people make, so that is why I am asking). Assuming you have been making payments but your Landlord has not been making his payments. Now the Bank or a lien holder wants to foreclose and the new owner will want to someone else?

First of all, Do you have a written agreement with your current Landlord regarding the Rent to Own? Obviously there is more to this story. Here is what I recommend to you, get off of here and Contact a Real Estate Attorney immediately. Realtors cannot give you legal or Financial advice. You may have rights. Email me on what the Attorney advises you or if you need a referral for a Real Estate Attorney.

I sincerely Wish you luck.
Pebble Singha
Head Of Short Sales Department KW Encino.
soldbypebble@yahoo.com
... more
0 votes 7 answers Share Flag
Mon Jul 1, 2013
SERGEY FEDNOV *** 424-777-9377 answered:
It's not as much about website as it is about the Realtor you working with.

You can check my website: http://www.TrustSale.com



____________________ 
Help with Any Real Estate Transaction - Buy or Sell  

Call me 424-777-9377 -  FREE CONSULTATION!  


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855)  ext. 777. 


Sergey Fednov 
President - Realtor® 
- Trust Sale Realty - 
Residential & Commercial Real Estate 
_______________________________ 
Toll Free: 1-855-TRUST-55 
Toll Free: 1-855-878-7855 
Phone: 424-777-9377 
Fax: 310-356-4925 http://www.TrustSale.com  http://www.TrustSaleRealty.com 
- We Hire CA Licensed Real Estate Agents - 
Lic# 01896869 
 
... more
0 votes 8 answers Share Flag
Fri Mar 29, 2013
SERGEY FEDNOV *** 424-777-9377 answered:
Here's some houses for sale near by Hilgard - Westwood, holmby Hills, Bel Air area.

Click the following URL to see the Listings:
http://tinyurl.com/cz3un9o

Hope this info will help you!



____________________
Help with Any Real Estate Transaction - Buy or Sell

Call me 424-777-9377 - FREE CONSULTATION!


Should you have any questions - please feel free to call me Toll Free: 1-855-TRUST-55 (1-855-878-7855) ext. 777.


Sergey Fednov
President - Realtor®
- Trust Sale Realty -
Residential & Commercial Real Estate
_______________________________
Toll Free: 1-855-TRUST-55
Toll Free: 1-855-878-7855
Phone: 424-777-9377
Fax: 310-356-4925 http://www.TrustSale.com http://www.TrustSaleRealty.com
- We Hire CA Licensed Real Estate Agents -
Lic# 01896869
... more
0 votes 2 answers Share Flag
Thu Mar 28, 2013
Nicolas Romo answered:
Eventually, you'll either receive a notice in the mail from the bank or a flyer from a real estate agent and/or someone will knock on your door offering foreclosure help. If you want to find out sooner, go to your local title company and ask if they can run a title profile report on your rental. In most cases, the title profile report will show if there is any foreclosure activity.

Nicolas Romo
562-373-5120
... more
0 votes 8 answers Share Flag
Thu Mar 28, 2013
Walter 'Skip' Kersten answered:
I assume you mean the trustee sale was postponed. The bank that owns the mortgage has instructed the trustee to postpone the sale. This is very common. Therefore, the current owner still owns the home.
Good luck,
... more
0 votes 4 answers Share Flag
Wed Feb 13, 2013
Thomas Jandt answered:
I have experience in foreclosures throughout California and I'd be happy to assist you with market valuations or locating cost effective investment properties that can provide the best cash on cash return, or distressed acquisitions at below market prices in certain territories.

Best regards,

Thomas Jandt
REALTOR & CEO

Hilton Thomas & Associates, Inc.
A Real Estate Investment Company
www.hiltonthomas.com
tom@hiltonthomas.com
Toll Free 866-766-1112

DRE License #01869845
... more
0 votes 2 answers Share Flag
Sun Jul 7, 2013
Sona Gallatin answered:
legal questions, best to ask an attorney as real estate agents are not allowed to give legal advise.

good luck!
0 votes 5 answers Share Flag
Fri Jan 25, 2013
Heather Paul answered:
Feel free to call me or email me directly. I assist buyers with buying properties at Auction.

I look forward to speaking with you soon!

Have a great day,
Heather Paul, Realtor
Coldwell Banker
310-923-2334
www.HeatherPaulOnline.com
... more
0 votes 2 answers Share Flag
Sun Jan 20, 2013
Pebble Singha answered:
Dear Tenant,
IN los Angeles county you as the tenant have rights. If the owner has filed for Bankruptcy, then the bank cannot foreclose on him until it is discharged or dismissed. Usually 3-6 months or longer.

The new law that passed January 1st of 2013 also stops Dual Tracking by the bank. If this homeowner is smart then he will apply for a LOan Mod and delay it by then.
Worst case scenario is 3-6 months but u have to make sure he has filed for B.K.

Also in Los Angeles county you as tenants have rights. If the home is foreclosed upon and you have a valid lease agreement, the banks cannot forceably evict you. They can offer you cash for keys or other incentives, they can also sell the home without showing it to anyone and they can evict you.

If you have any questions, Email me. Good Luck.
Pebble Singha
Head of Short Sale Department KW Encino
soldbypebble@yahoo.com
... more
0 votes 5 answers Share Flag
Mon Feb 4, 2013
Heather Paul answered:
Hi Tony, unfortunately this property is not an actual listing, the owner is now 90+ days late on their mortgage, or better known as a pre-foreclosure. This property may become an REO "foreclosed home" in the future or the owner may also bring all payments current.

You can view all current West Hollywood properties for sale here and even request a showing too:
http://heatherpaulonline.com/idx/city/west-hollywood/

Feel free to call me if you see any properties that you would like to see.
Have a wonderful day,
Heather Paul, Realtor
Coldwell Banker
310-923-2334
www.HeatherPaulOnline.com
... more
0 votes 6 answers Share Flag
Sat Jan 12, 2013
Sonia Mendoza answered:
if you have been pre-approved to buy a house, you qualify to buy any house.

sonia
0 votes 14 answers Share Flag
Tue Oct 30, 2012
carlos parrague answered:
Tue Oct 30, 2012
Douglas Perez (213) 200-7114 answered:
Tue Oct 9, 2012
Nick Socha answered:
When is your sale date?

Give me a call Sunday morning, or in the next few minutes if you want.

We can discuss your situation and see what can be done.

My number is 310-647-7785

Nick Socha
C21 Amber
DRE #01831474
... more
0 votes 12 answers Share Flag
Sun Oct 7, 2012
Janey Bishop answered:
A HECM requires a property to be maintained plus insurance and fees up to date. Since the owner has died notify the lender who has the resources and interest in getting this taken care of. ... more
0 votes 4 answers Share Flag
Tue Oct 2, 2012
Liliana Alfonso answered:
Dear Packard,
You have the option to do a short sale. You can call the lender and ask them if you can get a package to get the process started. Then, you will need to hire an agent to negotiate the short sale on your behalf. You need to speak to your CPA to ask questions related to tax liability. There's a law in effect till the end of the year that protects the homeowners who do a short sale to be pursued by a deficiency.
Please feel free to email or contact me with any questions.

Liliana Alfonso
Realtor
Rodeo Realty
Short Sale & Foreclosure Resource Certified
HAFA Certified
liliana2sell@gmail.com
818-414-0396 cell
818-761-7277 fax
www.liliana4realestate.com
DRE # 01759367
... more
0 votes 14 answers Share Flag
Fri Sep 28, 2012
Ron Escobar - Local Expert answered:
Is not a simple question.... I have seen cash for keys of up to $50K for a $4million house owned by a very "militant" occupant... in general, I would think they try to get no more than $6K... when you say wells fargo investor do you mean a loan owned by wells fargo? or a loan serviced by wells fargo for an investor?

Ron
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0 votes 3 answers Share Flag
Thu Aug 30, 2012
Ron Thomas answered:
Foreclosures require a Buyer's Agent representing you:
The Banks only want to deal with Realtors; they do not want to lose a transaction once it gets into Escrow.

A Buyer's Agent costs you nothing; they are paid out of Escrow, by the Seller.

You will the advice and protection that a Realtor provides.

Good luck and may God bless
... more
0 votes 9 answers Share Flag
Mon Aug 20, 2012
Fred Glick answered:
Kyuyen,

A foreclosure actually wipes out any agreements. it could be argued that you and the previous owner had an agreement but since it is not in writing, you are probably in a very bad postion and will be portrayed as a squatter.

I can't give you advise except to say that you should start looking for a new place to live.

Best of luck!

Fred
... more
0 votes 5 answers Share Flag
Wed Aug 15, 2012
Janey Bishop answered:
Customarily the loan is secured by a lien against the property and is wiped out by the sale. Do you have online access or an automated number to phone and check the loan balance? Are you still in the property or have mail forwarded because you should have received notice. You can also run a free credit report to check. ... more
0 votes 8 answers Share Flag
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