Foreclosure in Houston : Real Estate Advice

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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
We are looking at a Fannie Mae house in Cypress, TX. How far below listing price does Fannie Mae go in this area? It's been on the market 15 days
LISTING PRICE
Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guidelin ... more
0 votes Share Flag Sun Feb 26, 2012 Foreclosure in Houston
Al Geffon, Real Estate Pro in Houston, TX
Al Geffon answered:
Signed notarized docs DIL, Mrtg co said close file by 12/11 and check in mail-Now file not closed, refusing to send check, what should I do?
You need to contact an attorney specializing in real estate matters immediately. This scenario is well beyond our area of expertise. Any comments on this issue from Realtors could be ... more
0 votes Share Flag Mon Jan 23, 2012 Foreclosure in Houston
Don Groff, Real Estate Pro in Austin, TX
Don Groff answered:
What happen to the second loan, and will it have be repaid?
Lou,

Have a title company open title. I had a short sale where the seller thought the second lien was gone and it was not. We had to separately negotiate that lien to close the dea ... more
0 votes Share Flag Fri Jan 20, 2012 Foreclosure in Houston
Shannon Jones, Real Estate Pro in Sugar Land, TX
Shannon Jones answered:
Home foreclosed & sold at auction on 1/3/11. Do we have to let new owner in before we move? No eviction notice or hearing. Packing but being
Please instruct her to go the the county clerk to get assistance there. Also if she dials 211 from a landline phone they will be able to assist her as well.
0 votes Share Flag Thu Jun 21, 2012 Foreclosure in Houston
Mario Romero, Real Estate Pro in Houston, TX
Mario Romero answered:
Can I make an offer to purchase the rental home I live in that is now foreclosed?
Good morning Sheila,

YES! Please let me know if you want us to obtain best financing program available to you, so that when you do make your offer a loan approval letter will be atta ... more
0 votes Share Flag Fri Nov 25, 2011 Foreclosure in Houston
Al Geffon, Real Estate Pro in Houston, TX
Al Geffon answered:
Is a closing necessary in Texas to sell a house? Property is in foreclosureand I'm trying to sell it to to someone before the sale date>
I don't completely understand the second part of your question ... I believe you mean that the home is coming up for auction. But it's actually immaterial in this case. I ca ... more
0 votes Share Flag Wed Aug 31, 2011 Foreclosure in 77084
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
how do uou recover excess funds after foreclosure by bank. Houston Texas foreclosure
I cannot imagine what excess funds you might be talking about:
The Bank always loses money on the deal, that is why the people can't pay the bill.
0 votes Share Flag Tue Aug 16, 2011 Foreclosure in Houston
Dana Mathews, Real Estate Pro in Long Beach, CA
Dana Mathews answered:
The home at 7903 Gulfton, Houston was to be auctioned on 7-5-11. Can you tell me if it sold? If not, what happens next with the home at that address
call the trustee and see if the property has been sold or struck off. if a bank has an amount due, the bank will usually be the highest bidder at an auction as they get an automatic &# ... more
0 votes Share Flag Tue Aug 16, 2011 Foreclosure in Houston
Albert Lee, Real Estate Pro in Germantown, TN
Albert Lee answered:
What licenses or certifications do you need to start a trash out business?
Not sure in your region. Every city has different rules and regulations. I assume it will only take a business license and bond along with a connection to many property management compa ... more
0 votes Share Flag Wed Jan 18, 2012 Foreclosure in Houston
Mario Romero, Real Estate Pro in Houston, TX
Mario Romero answered:
I am doing a redemption study in Houston, TX can you help me?
Tell me more about how can I help you,

Mario Romero
Broker
0 votes Share Flag Sat Apr 23, 2011 Foreclosure in Houston
Krystal Vill…, Real Estate Pro in Houston, TX
Krystal Villarreal De'Newton answered:
this will be my first time purchasing a home i need to clean my credit and I only make 28000, any homes available for someone like me?
I have a great credit repair guy for you. Give me a call or send me an email. You can definitely qualify with your income, but we need to see what credit issues you have first. Thank ... more
0 votes Share Flag Tue Apr 19, 2011 Foreclosure in 77088
Guy Gimenez, Real Estate Pro in Austin, TX
Guy Gimenez answered:
i am 2 months behind on my mortgage and it is an investment property, i have tried to get the loan modified, no help, where can i get some help
Reathia,

there may be options outside of the traditional real estate venue but I would need more information. If you want to discuss further, email me at guy@phgbrokers.com and I� ... more
0 votes Share Flag Mon Feb 7, 2011 Foreclosure in Houston
Herma Young,  in Cypress, AL
Herma Young answered:
Can HUD keep my earnest money if it is their fault that we couldn't close on time?
Hi Stl,

I'm sure you had an agent in the process of buying a HUD home, because it is only an agent that can show it to you and put in the contract. If there was an extension th ... more
0 votes Share Flag Fri May 25, 2012 Foreclosure in 77079
Persis Behra…, Real Estate Pro in Cinco Ranch, TX
Persis Behramsha answered:
where are the homes for sale in Conyers Georgia?
Are you trying to find out how to find homes for sale in Conyers, Georgia. Sorry, I'm a bit confused about your question.
Persis
713-294-7747
0 votes Share Flag Sat Dec 11, 2010 Foreclosure in Houston
Joanna Morris, Real Estate Pro in Inverness, FL
Joanna Morris answered:
Banks are in a position where they are not able to sell foreclosed properties and they end up as part of their REO inventory.
I believe there are some banks already doing this. Many of them have taken over properties where tenants are in place and the lease is being honored. Yes they should to recover some r ... more
0 votes Share Flag Mon Nov 29, 2010 Foreclosure in Houston
Lucie Ogdee,…, Real Estate Pro in Houston, TX
Lucie Ogdee, MBA answered:
where can I see notices of default in Houston?
Go to RealtyTrac.com. It shows them under pre-foreclosures.
0 votes Share Flag Tue Sep 28, 2010 Foreclosure in Houston
Chris Tesch, Real Estate Pro in College Station, TX
Chris Tesch answered:
There is a property listed on s Hall by Realty Trac . I have a client who wants to make an offer on it , how can I do so ? No one from there seems to
Hi Alphonso,
I've not had good success with Reatly Trac myself. Many times they have properties posted that never go into foreclosure (or at least that was the way in the past), ... more
0 votes Share Flag Wed Aug 11, 2010 Foreclosure in Trinity- Houston Gardens
Lacey Lewis,  in Houston, TX
Lacey Lewis answered:
I AM A FIRST TIME HOMEBUYER AND I AM LOOKING FOR FORECLOSURES HOMES IN HOUSTON, TX.
Greetings,

I am a the foreclosure broker for a local bank and I specialize in foreclosed properties and bank owned assets. I also get a list monthly from several banks with their for ... more
0 votes Share Flag Mon Aug 9, 2010 Foreclosure in Houston
Bob Movin-On,  in Hartford, CT
Bob Movin-On answered:
Would you consider a Land contract till May or June 2011 and then buying the home later? Our home just sold 7/16 and our scores haven't changed
Be careful there are a lot of so called investors that are scamming victims of foreclosure with lease options and the like. You will not be eligible for a mortgage for 5 to 7 years and ... more
0 votes Share Flag Sat Jul 24, 2010 Foreclosure in 77094
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