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Foreclosure in Dallas County : Real Estate Advice

  • All136
  • Local Info16
  • Home Buying61
  • Home Selling12
  • Market Conditions2

Activity 127
Sun Apr 7, 2013
John Juarez answered:
If the 1st lien holder forecloses the 2nd and other junior lien holders lose their collateral…the house. The debts are not wiped out or forgiven. Depending upon the law in your state, the 2nd lien holder may continue to take appropriate action to collect on the debt.

Check with an attorney for the law in your state and how it applies to your personal circumstances.
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Wed Mar 27, 2013
Michael Brownstead answered:
Hello Eric, I think it Is best to consult a real estate attorney at this point in time. I wish you the very best.
0 votes 9 answers Share Flag
Mon Mar 18, 2013
Kim Nwachukwu answered:
No way for anyone here to know, and that one isn't even foreclosed upon at this point. It may or may not foreclose, it may or may not ever be on the market. You may be better served by working directly with a Realtor who can help you find homes in that area that are available for purchase - this one at this point is a ghost in the wind. ... more
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Tue Mar 12, 2013
Ladtwildcat asked:
This question was asked from this property:
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Thu Feb 14, 2013
Brent Rice answered:
I've got one better for you. I can get photos of interior and exterior for free with no expiration. Email me or text me your email address, and I'll send them to you.

Brent Rice, Trulia Top Recommended Broker (Pro & VIP)
The Rice Group, Inc. 
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Tue Jan 22, 2013
Bruce Lynn answered:
Very rarely do we see foreclosures in Hackberry. I do see one currently on Clearspring. The ones that I have seen needed cash to close as they had significant foundation problems and would likely not finance with conventional financing.

Here is a link of what's currently for sale in Hackberry, including the foreclosure.,CONDO,MULTI,LAND,FARM,COM,VAC/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale/

Let me know if you would like to see it or any of the other ho
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Fri Jun 7, 2013
Kenneth "Kenny" Bebensee answered:
Thu Dec 20, 2012
Kenneth "Kenny" Bebensee answered:
This website makes money by having people pay to access the listings and they are most likely unavailable. Contact 1 Realtor to assist you.

0 votes 2 answers Share Flag
Tue Nov 20, 2012
Maria Hernandez answered:
Do you want to put the home up for sell? I can help with that. I'm tr-lingual and will market your home differently. Also, if you have any question about the house give me a call. My cell is 214-335-8593 Maria Hernandez ... more
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Fri Nov 9, 2012
Dixon Wong answered:
You should contact the listing agents that handle REO properties. Most of the time the listing agents chose which contractor to work with to get the listing ready.

Good luck

JP and Associate
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Fri Nov 2, 2012
Christopher Lefebvre answered:
Keep trying to contact your lender. You just need to find the correct contact. Also try this website for more information.
0 votes 10 answers Share Flag
Tue Feb 24, 2015
Ron Thomas answered:
Not knowing the deatils; it is impossible for us to say:
You have the OFFER, and you have a REALTOR....

You assume that the LISTING PRICE was the magical value of the property:
Did you even do any research into the Market Value?
What were the other terms on the Offer?

The Bank does not have to give you a REASON; maybe they just didn't want to sell it.
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Tue Sep 11, 2012
Suzanne MacDowell answered:
The property tax records should indicate the current owner and if it was foreclosed on, that would be the bank. You can call your local property tax official and ask and they have to tell you because the information is considered to be in the public domain. However, the bank will not talk to individual buyers. If you want to purchase this home you will need a local realtor to keep an eye out and tell you when it comes on the market through another realtor. Banks only sell individual homes through realtors. ... more
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Mon Sep 3, 2012
Dallas Texas answered:
No property address is listed for any Realtor assist you .
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Fri Aug 31, 2012
Kim Nwachukwu answered:
That property is not on the market. It foreclosed in February, but it's foreclosing lender has not offered it for sale yet. Don't let that $80K figure you are seeing fool you - the price will not be anywhere close to $80K when the bank finally gets around to selling it. It will be sold at market value less any repairs it needs - and market value on that home is not $80K. the lowest priced 3 bedroom single family home on the market in Valley Ranch today is priced at $159.9K. If you would like to be set up with a drip list that will alert you when it does come on the market, don't hesitate to get in touch by clicking on my profile. ... more
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Wed Aug 15, 2012
John Greer answered:
Call email r text me and I will help you out with that.


John Greer
United Real Estate Dallas
214-460-8381 Cell/Text
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Thu Nov 8, 2012
Tim Moore answered:
You are buying a bank owned home, it does not matter that it has been foreclosed in the past, it is now bank owned. Is it better than buying from a seller that is a private owner? No, maybe, yes. How's that answer? Bank owned homes can often be in serious need of repairs since they have been foreclosed and the sellers probably did noting to take care of them knowing they were going to loose it. So be ready to fix and spend money, is that what you want on a first home?? Often a bank will discount a home they own because it does need work and often a lender will not loan on it because it does so it can become a catch22. Find a good experienced Realtor to help guide you on the purchase of your 1st home. Good luck!! ... more
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Mon Jul 9, 2012
Erica Texada, Realtor answered:
I would love to assist with homes in the subdivision of Shenandoah. Unfortunately, the home is not in our local MLS. Are you looking for new construction? Whatever the case may be I'm here to assist with all of your real estate needs as a local real estate market professional.

Erica Texada
(214)680-4566 DIRECT
(972)692-5770 FAX
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Fri Jun 1, 2012
Shaukatali Kadibhai answered:
Contact the Listing agent.
If there are no signs posted on the house yet than you just need to wait.
Good Luck.
0 votes 8 answers Share Flag
Wed May 30, 2012
Kenneth "Kenny" Bebensee answered:
Just pick a Realtor, give them your criteria needed (size, price, etc.) and get going.

Good luck.

0 votes 6 answers Share Flag
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