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Foreclosure in Queen Creek : Real Estate Advice

  • All233
  • Local Info19
  • Home Buying86
  • Home Selling14
  • Market Conditions10

Activity 16
Thu Oct 18, 2012
Jennie Miller, Pllc answered:
What is the address of your house? I can check the tax records and tell you who the trustee is that was in charge of the trustee's sale.
0 votes 5 answers Share Flag
Tue Feb 21, 2012
Randy Hooker answered:
By the 18th, unless you want to wait and see if anybody knocks on your door and offers you "cash for your keys!"
0 votes 10 answers Share Flag
Sat Aug 6, 2011
Anna M Brocco answered:
Has your friend considered a short sale rather than foreclosure...in any event, contact any local agent(s)/realty office(s) and ask for a cma, comparative market analysis, review the data and make a determination on value. ... more
0 votes 1 answer Share Flag
Sat Aug 6, 2011
Doug McVinua answered:
Joe

It is impossible to answer this question without seeing the documents you have signed and also the fact that you indicate you have an agent?

What do the documents say?

Arizona Homes for Sale by a Guy from Iowa ... more
0 votes 3 answers Share Flag
Fri Oct 29, 2010
Cynthia Bell answered:
Sorry to hear about your situation.

You need to contact your bankruptcy attorney to discuss your specific details.
0 votes 7 answers Share Flag
Tue Oct 26, 2010
Dp2 answered:
Unless you're able to terminate your lease, you'll need to still continue to pay rent. Otherwise, your landlord could still evict you, and pursue a judgment against you. Now, you might need to hire an attorney to recover any security deposit. ... more
0 votes 5 answers Share Flag
Mon Feb 8, 2010
Shar Rundio answered:
Michelle,

If you'd like to send me the address I'm happy to look it up for you.

With Your Success in Mind,

Shar Rundio
Thompson's Realty
480.560.7255
Shar@SpeakingofPhoenixRealEstate.com ... more
0 votes 3 answers Share Flag
Tue Oct 27, 2009
Lucinda Tkach answered:
Adenette,

I could contact my short sale expert to give you sound advice! I dont believe so however laws are passing all the time and I need to get some direct answers.

Feel free to email me and I can forward you the informtion!

Lucinda Tkach
... more
0 votes 2 answers Share Flag
Fri Aug 7, 2009
Robert G Hertzog Jr answered:
Would love to help, but this property is in Pinal County (just barely), and I'm not familiar with how their website works. I would call them Monday. Their number is 520-509-3555. You should be able to find out about the foreclosure date (if there is one scheduled) if you provide them with your mother's name and property address. Better yet, if you have a copy of her tax statement, you can give them a parcel number. Hopefully a Realtor that is familiar with Pinal's website will see your question and can help you out. Good Luck! ... more
0 votes 1 answer Share Flag
Tue Jul 7, 2009
Jim Mitchell answered:
Hi Tom. According to the trustee's website, www.priorityposting.com, it went back to the bank on 6/18/09 at 10:00am. It was auctioned at the trustee's site in Phoenix and no one bid on it, which means the bank that forecloses on it takes it back and now must sell it.
It should be coming on the market again soon once the bank chooses an agent to list it. With all of the moratoriums on foreclosures in the past 6 months being imposed by Fannie Mae and Freddie Mac, a lot of the banks are taking it slow when it comes to re-listing the property once they foreclose on it. It sometimes takes up to 6 months to get it relisted. I've also seen the banks relist them the next day. There's no way to tell.
By doing it this way, the banks believe that it will slow the decline in property values; it's supply and demand. If the demand remains strong, and the supply is down, then prices/values should remain fairly stable. It's when there is way too much inventory (like the past 1 1/2 yrs) that the property values decline rapidly. I suppose it's better than flooding the market with hundreds if not thousands of listings at a time.
If you're interested in this home, let me know and I'll keep a watch on it for you. Send me an email with your contact info and I'll keep an eye on it and let you know once it becomes available.
... more
0 votes 1 answer Share Flag
Tue Mar 24, 2009
Keith Manson- Metro Milwaukee Wisconsin answered:
I guess I would check with an attorney(maybe low cost no cost) and have them check out the options you may have in getting out of the lease. If the property is in foreclosure you should start looking for another place. But, I think you have a valid concern abount any security deposit you may have given and a high likely hood of not receiving those funds back. Again it is best to get in contact with a low cost attorney and confirm when the property is scheduled for foreclosure sale. ... more
0 votes 8 answers Share Flag
Tue Mar 24, 2009
Randy Hooker answered:
Theresa...

You need to immediately call your lender! Nobody on this forum can answer that question for you. Your lender holds all the power. Seriously, just go call them right now. OK?

Good luck!

...randy
... more
0 votes 9 answers Share Flag
Tue Mar 24, 2009
Mike Kelly Allison Norman answered:
Leslie,
The "auction" or "Sale" date will have two outcomes; either someone will buy it on the courtsteps or the lender will get it back. If it is the lender then you've most likey have plenty of time to vacate. An investor, fearing you'll tear the house up, should be more realistic with you and give you some leeway. Some even give you "keys for cash",offering you a small sum to leave and not trash the joint!!
But what about your 1st, last and security deposits? Are they toast?
... more
0 votes 4 answers Share Flag
Thu Aug 6, 2009
Cecil Duarte answered:
John,

Queen Creek is in Pinal County and about 35 miles from Downtown Phoenix. There is no real infrastruture in Queen Creek and it is mostly a Bedroom Community. It grew out of a desperate need for cheaper housing when the East Valley of Phoenix was going through a price boom. In 2004- 2005 the East Valley which includes cities of Mesa, Chandler, Gilbert and Tempe experienced an average of 42% appreciation and those prices forced a lot of builders and buyers to go where land was a lot cheaper. Cheaper costs of builders means cheaper prices for buyers. The problem is that the there are no real jobs and with the cost of gas and the distance to freeways has caused a lot of folks to just walk away from their homes- Queen Creek is one of the highest cities in Phoenix experiencing foreclosures. We have a lot of investors and home owners who call our company to find them a tenant and with the high demand for renters- the rental market is a real bargain. For example - we currently has several homes with 4 bedrooms- 2 baths -built in 2004 and are available for rent at $750-$800 a month ... more
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Wed Jan 16, 2008
David Dion answered:
My team and I are willing to consult with you to help you make the best, educated decision. Just keep in mind that the agent does not set the price, the market does and there is a lot of competition in the area.

We are confident we can get the home sold, but it is a team process where the home will need to be priced correctly, shown correctly, and marketed correctly. We can help with all three...
... more
0 votes 9 answers Share Flag
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