Foreclosure in Sacramento : Real Estate Advice

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DeeDee Riley, Real Estate Pro in El Dorado Hills, CA
DeeDee Riley answered:
what do u mean by pay all the bills on the REOs untill they sell?
Hi Maha,

Not sure where you are taking this phrase from but I'm sure they are talking about gas, electric, water, HOA dues, yard maintenance, etc.

Hope this helps,

DeeDee Riley
0 votes Share Flag Wed Aug 26, 2009 Foreclosure in Sacramento
Colton Hutch…, Real Estate Pro in Houston, TX
Colton Hutchins answered:
What's the Best way to start getting BPO assignments from Asset Manager's? I don't trust 3rd party sites.
You need to start with 3rd Party.

You can trust Market2Market, AssetValuation, Summit Valuations, Clear Capital.

Truth is, most Asset Manager's out source the majority of t ... more
0 votes Share Flag Sat Sep 18, 2010 Foreclosure in Sacramento
Sue Archer R…, Real Estate Pro in Palm Harbor, FL
Sue Archer Reynolds answered:
what to say when asset managers ask for experience reo agents?
Not sure what your question is referring to. You show as a broker in Fort Lauderdale, asking realtors in Sacramento.....

Are you asking how you can get Asset managers to hire you to ... more
0 votes Share Flag Tue Jun 8, 2010 Foreclosure in Sacramento
Anna Boyd, R…, Real Estate Pro in El Dorado Hills, CA
Anna Boyd, Re/Max answered:
I am in foreclosure, a transfer of Deed of has been done, how much time do I have?
Do you mean you see it's already been foreclosed as there's been a deed transfer and how much time do you have to leave the premises?
0 votes Share Flag Wed Apr 29, 2009 Foreclosure in Sacramento
Sue Archer R…, Real Estate Pro in Palm Harbor, FL
Sue Archer Reynolds answered:
how long does it take to get an answer on wether your offer has been accepted or not?
The answer is 'that depends'...

If it is a bank owned home, the listing agent can give some idea of how long that bank takes to review offers, and to respond.

If it's a short sal ... more
0 votes Share Flag Thu Apr 23, 2009 Foreclosure in 95828
blaison samu…, Real Estate Pro in Santa Clara, CA
blaison samuel answered:
Everyone is saying the second gets wiped out. Is that true for a refinanced sencond loan?
Royal,

Not all second loan wipes out just like that whether you do short sale or foreclosure. But, In short sale, at least you have a chance to negotiate with the lenders for not t ... more
0 votes Share Flag Fri Apr 9, 2010 Foreclosure in Sacramento
Sue Archer R…, Real Estate Pro in Palm Harbor, FL
Sue Archer Reynolds answered:
How can I find out how long a home is in default? how many months behind?
If you contact me with the property address I can provide you with information recorded against the property. That would include any notice of default, notice of trustee sale, or date o ... more
0 votes Share Flag Tue Apr 28, 2009 Foreclosure in Sacramento
Scott Olson, Real Estate Pro in Sacramento, CA
Scott Olson answered:
who is the real estate for 6424 somisway,sacramento. and how to get in contact with them about my
I can email you the listing or the agent's contact information.

Appears it was foreclosed on and is pending sale as a Bank owned property.

Scott Olson
Realty Plus
0 votes Share Flag Tue Mar 31, 2009 Foreclosure in Glen Elder
Jonathan,  in Tampa, FL
Jonathan answered:
Best option to get rid of underwater property
Well it depends on if you want to stay in your home or not.

Stay in your home - try a loan modification

Getting rid of it - do a short sale.

Try not to foreclose.
0 votes Share Flag Thu Aug 15, 2013 Foreclosure in Sacramento
Terry O'Call…, Real Estate Pro in Sacramento, CA
Terry O'Callaghan answered:
Question on a Foreclosed Home that was Auctioned.
Listing agreements are a contract between a specific seller and the Broker. If ownership (seller) changes the listing agreement is no longer in place. The MLS has rules regarding status ... more
0 votes Share Flag Sun Mar 29, 2009 Foreclosure in Sacramento
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
good morning.. I am 62 years old, my 401 has apx $190,000, and i own a small piece of real estate
Your best option contact a real estate attorney who can protect all your assests. Have you contacted bank make attempts resolve any issues. Lenders are very reasonable most instance w ... more
0 votes Share Flag Mon Apr 27, 2009 Foreclosure in Sacramento
Ute Ferdig -…, Real Estate Pro in New Castle, DE
Ute Ferdig - Atty. Negotiator answered:
86 fairbanks
Hello Brian. This property sold as a bank owned property on 11/5/2008. The sale price was $75,000. Please let me know if you would like additional info regarding this property or sim ... more
0 votes Share Flag Thu Jan 29, 2009 Foreclosure in Sacramento
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
The Wall Street Journal is looking for foreclosed on homeowners living with family or friends.
This way the fat cat banker greed heads who caused the meltdown and read the Wall Street Journal can congratulate themselves for having brought so many families closer together.
0 votes Share Flag Mon Jan 26, 2009 Foreclosure in Sacramento
Ute Ferdig -…, Real Estate Pro in New Castle, DE
Ute Ferdig - Atty. Negotiator answered:
There is a house listed in the Campus Commons area of Sacramento for $79,020. It is a foreclosure. Is this?
Hello Kathy. If you provide me with the property address, I'd be happy to find out for you whether this is a foreclosure property.
0 votes Share Flag Sun Jan 4, 2009 Foreclosure in Sacramento
Sue Archer R…, Real Estate Pro in Palm Harbor, FL
Sue Archer Reynolds answered:
Is this a foreclosure property?
These questions come up frequently on a specific property and the answer from us is often to suggest you sign up on one of the realtor's client portals to get details of specific proper ... more
0 votes Share Flag Tue Dec 23, 2008 Foreclosure in Sacramento
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
I'm also close to 90K upside down on my house. My situation is that my ARM doesn't hit for another 3 years.
You sound as though you wont have much of choice work direct with lenders many are happy to work with you, they dont want a foreclosure. If not you will need to have lender authorize a ... more
0 votes Share Flag Thu May 27, 2010 Foreclosure in Sacramento
Rob McQuade, Real Estate Pro in Sacramento, CA
Rob McQuade answered:
what is the numerical part of the address??
Having trouble, Rich? If you're asking about a specific property you saw on here, include a link and someone can probably tell you more. If you're asking that as a general question, the ... more
0 votes Share Flag Sat Nov 8, 2008 Foreclosure in Sacramento
Erin Stumpf…, Real Estate Pro in Sacramento, CA
Erin Stumpf (Attardi) answered:
Is there a right of redemption to claim the property back in California? If so...whats the process..
This link from Foreclosures.com may answer your question. You should seek the advice of an attorney regarding your specific situation.

http://www.foreclosures.com/pages/state_laws2. ... more
0 votes Share Flag Wed Nov 5, 2008 Foreclosure in Sacramento
Jeff and Gin…, Real Estate Pro in Vero Beach, FL
Jeff and Ginny Mitchell answered:
Hello, can a bank come after my other rental property/primary residence on a short sale/foreclosure?
Yes, your other properties are at risk. You should contact your county or state government consumer advisory agencies for advice. The local BAR Association in many areas is also provi ... more
0 votes Share Flag Wed Nov 5, 2008 Foreclosure in Sacramento, CA
Jonathan Jam…, Other/Just Looking in New York, NY
Jonathan James answered:
My house is scheduled to be auctioned off and live in california. How long do i have after the auction?
You will get a visit by the new owner or representative letting you know it was sold or taken back by the bank. You then will get served with a notice to vacate. If decide to stick it o ... more
0 votes Share Flag Wed Jan 5, 2011 Foreclosure in 95828
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