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Foreclosure in Pleasanton : Real Estate Advice

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Activity 7
Wed Jan 9, 2013
Carla and Jo Hunter answered:
Because of the real estate climate in the last few years there are many agents who would be able to assist you. I personally have designations and experience with foreclosure and short sale properties. Please let me know if you'd like some information about the processes and I will be happy to assist you. You can reach me at carla@carlahunter.com , Tri-Valley-Homes.com ... more
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Sat Aug 29, 2009
Joanna Jensen asked:
Hi I was reading the question below someone asked if you have a short sale or foreclosure basically could you get a 1099 for foregiveness of debt.. You have to be very carefull how you...
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Mon Aug 24, 2009
Barbara Wilson answered:
If they are listed with a real estate office, yes. I have had several listings where there was an auction scheduled but we did a successful short sale. There are so many factors - how many times the auction has been postponed, how many banks are involved, have there been offers before, etc, that it is impossible to tell whether or not you really have a chance. The deal with short sales is not to get emotionally involved with the house until you get the approval from the bank. Good luck. Call me if you need any help. ... more
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Tue Dec 21, 2010
blaison samuel answered:
Lora,

The homeowner gets notice to vacate before trustee sale but sometimes it's still occupied by the owner. After the auction date, if it goes back to lender(at this time almost everything goes back to the lender), then it depends on the lender, how fast they send their realtor to give notice to vacate(7-14 days from the day of notice) in order to list the property and sell to 3rd party.

Are you looking to buy a house? Let me know if I can help you further.
... more
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Wed Feb 4, 2009
Tony Abad answered:
Shilpa,

This is a RealtyTrak home. I'm not sure if you will get a response from them. If you like and you are not represented by an agent, I can help you with this. Please read my profile and let me know if you would like my expertise.

925/325-9546
TA
... more
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Fri Nov 21, 2008
Leigh York answered:
The banks have a great deal of expense in a foreclosure procedure. They lose money on most of their foreclosed property. The bank is looking at the bottom line of each individual property. They look at the bottom line for that department. So, they usually price the properties at fair market value for their condition, location, size, etc. I would start my decision making with some research. Determine the fair market value and start by offering a little less. You want to offer enough that they will take you seriously but at the same time not 'leaving money on the table'. Often, a good REALTOR in the area can save you a great deal of money when purchasing foreclosures. Good luck! ... more
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Wed Nov 5, 2008
Todd Norsted answered:
Typically, these sales are handled just as a normal sale, however Purchase Agreements need bank approval and usually on thier purchase agreement, and that can take anywhere from a few days to months to get an answer back on. The inspection window if there is one is sometimes tightened up, also. I'd get a realtor involved to represent you that has experience in this sort of transaction, for sure. Oh, and these properties are sometimes sold "as-is". Other than that, they are reasonably similar to the typical resale transaction. ... more
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