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Foreclosure in Grants Pass : Real Estate Advice

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  • Local Info4
  • Home Buying50
  • Home Selling3
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Activity 8
Thu Jul 9, 2015
Michael Derossett answered:
Unfortunately, there are so many ways for the banks to delay the approval process...and they use them all. I have witnessed the "backlog" excuse used for months, so I hope that's not the case with you. Sometimes your Congressman can light a fire under these asset managers, so I would consider that option. The banks have already been paid so they have no reason to get in a hurry. Make sure there aren't two banks involved because both must give approval before anything can happen.

The whole system makes no logical sense. Best of Luck!
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Mon Jun 28, 2010
Sharon Vest asked:
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documenta...
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Mon Jun 28, 2010
Sharon Vest answered:
Sorry! Some freaky cyber space thing happened and submitted this question over and over
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Mon Jun 28, 2010
Sharon Vest asked:
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Mon Jun 28, 2010
Sharon Vest asked:
The process has stalled even though the rules spelled out in the HAFA guide lines specify that once the seller is approved for HAFA and the offer is presented and all required documenta...
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Mon Jun 28, 2010
HLR answered:
Yea, this is the new back log nightmare. File a complaint with the state, as everyone that has such delays, and when this total mess shakes out the lender servicers will have to change their ways, if we don't hold their feet to the fire, we will have to keep living with it. Large banks, or their servicing companies are doing this thru out the country, but it's up to us to take them to task.

HLR

Best to you all.
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Thu May 13, 2010
HLR answered:
that you should look up in the county records, many counties have their own website. Try NACO.org and it will give you all counties in the US and many have very complete websites, takes a little work to find the right part for this information, Assessor's records is how most are noted to find properties, and that data. It's all Public records. ... more
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Thu Mar 11, 2010
Dirk Knudsen answered:
Hey good question. There are a few national sites that will give you some teaser info but nobody gives much in the way of free info that is any good.

What you will get is a list of people in default and or a list of possible sheriffs sales.

Most true foreclosures are sold at the court house steps and you actually need cash in hand and are taking your chances that the house is not full of pigs eating the wiring and sheetrock. (Yes this actually happened here in Oregon).

Get a good broker. Most foreclosures are on the MLS. I can get you the Notice of Default list for a specific County if you like.

The real opportunity here..and I will say this over and over...is find a short sale opportunity. The home will be in good shape and the owner willing to give you a great deal to get rid of the home.

Call me or email me to discuss!

regards;

Dirk T Knudsen
Re\max Metro
#1 Rated Re\Max team in Oregon
503-799-8383
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