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Foreclosure in 92705 : Real Estate Advice

  • All21
  • Local Info3
  • Home Buying10
  • Home Selling1
  • Market Conditions0

Activity 6
Mon Mar 19, 2012
Allison Fishwick answered:
when buying a forclosure you often times will be getting a home at below market value which can be a good thing. However with that being said you as the buyer are taking the property AS-IS, so any city requirements, or repairs are taken care of by you. As far as the seller dismanteling it, well that does happen and there is not much you can do. I would look for a knowledgeable realtor in the area you are looking at to help you through the process. ... more
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Fri Aug 26, 2011
Margaret Hassani answered:
You can check this website http://www.freddiemac.com/singlefamily/service/hafa.html, but as far as I know HAFA is only for your primary residence. You may be able to do a short sale of the property. Contact a Realtor in your area for more information. ... more
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Thu Dec 22, 2011
Michael Tomita answered:
Why are you paying for the HOA fees? Are you the owner or a renter? If you are a tenant, the owner is the one that is required to pay all HOA fees. Please explain?
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Mon Mar 29, 2010
Tony Vega answered:
From the county you are interested in. It is all public information. Good luck.
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Sat Nov 29, 2008
Jeff and Cheryl Fox answered:
Contact your City Attorney's office and they will be able to direct you. It may not be a bad idea to contact a real estate attorney as well. Depending on your lease agreement there may not be anything in the lease prohibiting selling the property but you shouldn't have to move. Here is just one site I found on the Internet http://www.caltenantlaw.com/. Most courts have a self-help department which could also serve for more information. I am not an attorney so this is about all I can legally give you...just don't wait. They may not be able to do a "short sale" if this is not their primary property and they can't show a hardship. I would be worried more whether they were paying the mortgage since they already took money from you. ... more
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Tue Sep 9, 2008
Bill Godwin answered:
The questions you asked leave your situation a little unclear. Is this an investment property that you were foreclosed on by the bank by having a Notice of default filed and then a Trustees auction where the bank acquired title. Or, is this a Bank owned property you were purchasing and it fell out of escrow and now the bank is going to sell it at an auction. If the latter is the case then the reason for it falling out of escrow needs to be explained. Was it because you defaulted or did you cancel the contract within you rights?

Now with this all said, It should be explained that REALTORS are not licensed attorneys and are thus not allowed to give legal advice. That is why it is important to work with a professional agent that knows when to have you bring in a licensed attorney or whose firm has a licensed attorney available.

Bill M Godwin
Bill@BillMGodwin.com
... more
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