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Foreclosure in Mill Valley : Real Estate Advice

  • All111
  • Local Info28
  • Home Buying28
  • Home Selling8
  • Market Conditions4

Activity 5
Thu Feb 9, 2012
gabrielle b dahms answered:
The short answer is yes. Your best option is likely a short sale. As far as tax consequences, it's best to consult with a CPA. In order to answer your question better, please provide further details: do you have a first and a second mortgage? Are they with the same bank or with different banks? How far behind are you on payments or are you behind?

Feel free to call me at 415-200-7202.
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Tue Jan 31, 2012
Terry Bell answered:
Well, an interesting website you might want to check out is where you can either just enter your town or address and map out all the foreclosures and pre-foreclosures in the area! I took a peek and looks like Mill Valley is doing a lot better in values than Sonoma County! No surprise, really considering you are a commuter town to SF. If you are thinking about selling and have a very high mortgage, and think you may have to get into a short sale situation, make sure you contact someone who understands the short sale process. If you need a referral, drop me a line! Best, Terry Bell, CPS Real Estate, Sonoma County ... more
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Wed May 23, 2012
Steven Ornellas answered:
Hi Diane, looking for a wealth of misinformation? If so, RealtyTrac is a fantastic source. I have actually contacted Trulia about making it more obvious to users. RealtyTrac just posts public record notices. Vary rarely is the property even listed for sale.

If you are serious about a purchase you really only have two sources for accurate information: (which pulls listings directly from all Realtor MLS systems) or a Realtor's website (tied to a valid MLS.)

If you are not going to be living in the US when you buy this will be considered an investment purchase. What is your plan for returning to the US?

Best, Steve
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Tue Aug 9, 2011
Scott Godzyk answered:
VERY, you are responsible for any leins including 2nd mortgages, tax bills or mechanics leins. do not bid without a title search at best. good luck with your purchase.,
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Mon Apr 23, 2007
David duPont answered:
You should work with a realtor and explore all of these opportunities.
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