Foreclosure—questions & answers, advice and opinions page 134

looking to start a foreclosure cleaning business? any ideas where to start?
does anybody know the answer in details where to go and how much to charge. thank you in advance. joseph
How long does it take for Fannie Mae to list home they foreclosed on?
I'm interested in a home that got foreclosed on by trustee sale this week. The investor is Fannie Mae and represented by MERS. How long does it take to process this home and have it assigned to a…
What is a general rule of thumb for purchasing a HUD home by the # of days on the market. i.e, 10 days 85 - 88%; 30 days ?, 60 days, ? & 90 days ?
I want to bid on a HUD home thats been on the market over 90 days. I cannot find any advice on (in general terms) what to bid based on the days on the market. I know other factors should be included…
I have a very crooked landlord who has filed for chapter 7.
I have a landlord who filed for chapter 7, she included our security deposit in the filing. She also has multiple properties and has done the same for their security deposits. On top of this she sent…
Why would an owner move out suddenly without leaving a new address when doing a short sale? 3rd party approval contingency expired 5/30/11
The condo is in my building and has not lost a great deal of value. It was purchased 3/08 for 245,000 and market value is about 240,000 - 244,000. The owner is employed full time and has been living there…
In California, how can I avoid garnishment if my Condo has an NOD for HOA fees? I don't want the property, and cannot pay in full at this time.
I received and NOD for my Condo because of delinquent HOA fees ($10,000). I don't want the property because it is completely upside down, and I have an apartment my family and I now live in. I cannot…
statue of limitation on defiecency judgement in ohio
how do i find out if there is a deficency judgement in place? how long can it last is ther is?
Will my spouse's credit be affected in a short sale if she is not on the mortgage or title?
The only credit we have together is a joint banking account
Is there anything I can do to stay in the house? I am willing to sell to someone and pay rent fort he next two years. How would I go about that?
I’m a single mom with two teen living in a home that goes to court May 20th of this year. My income has dropped form45k to 10 k in the last three years. Needless to say the mortgage has not been…
Is the Capitol View area considered an up and coming area or is that just marketing jive...sorry realtors. I know not all of you employ those tactics.
This area looks a bit sketchy at some places and not so bad in others. Some cute bunglows but a lot of foreclosures, good deals but.....
Cambrian, CA 95124 or 95032 area to obtain permits for additions (house extension)?
Hi Expert Agents , Since the schools in Cambrian 95124 are desirable, although is not as good as Cupertino or W.SJ 95129, I am thinking this is a good area to investment to buy a foreclosureor small…
Short Sale Contract Letter
Please help me to understand Short Sale contract letter from Bank. Listing Price: 130K Price Offered: 130K Appraised Value: 121K 90% of appraised Value: 109K Estimated Net Sale Proceedes: 118K…
Can you appeal a BPO?
A short sale we have an offer on recently had it's BPO done and it came back higher than the other homes in the area and it the most "dated" home in the neighborhood.
Maui Real Estate still offers some great buys. Are buyers making offers in other Resort Areas?
Aloha: In Maui there are some good deals still. Our market is somewhat flat & I was wondering if other Resort/Retirement areas have the same issues.
how to find out who sold my house?
716 Maltese cross drive Austin Texas Jan, 2006
Is this likely to be approved as a short sale?
I bought a one bedroom condo for $315k in 2004, which I paid down to $210k. Similar bank owned units are now selling for as low as $150k. I can afford the payments, but I now have a wife and two kids,…
we (unmarried couple) bought a house together in 2004 in Las Vegas NV. Only his name is on mortgage. 2 yrs ago he signed a quit claim, taking his name
off the deed, leaving my name only. Presently owe 143k on mortgage, and house worth 65k, therefore cannot refinance and current mortgage is an ARM. So at some point, payments will go higher. Question is:…
I was interested in Kitty Hawk#11. It is by the airport. How bad is the noise coming from the airport. Also which way is it situated? North .-south ec
What is included in the homeowners assoc fees? Home owner dues are separate in the condo? Is this a foreclosure? Thank you Eva
Made offer to purchase house Little river repo more than 6 wks ago no response from this bank. What to do now?
Made cash offer,paid deposit, verified funds for house located in the little river section of north Myrtle beach. The offer was made through Myrtle Beach Real Estate, I talked again today to the agent.…
accepted cash 4 keys offer to be out in 30 days. Getting exiction summons to be out in 3. My agreement is in writing. Confused.
REO realtor worked out a deal between my ex lender and myself. I would vacate in 30 days and leave the home broom clean and they would give me a specified amount of money to assist moving. We have this…
Short Sale Question???
I have placed an offer on a short sale home in Louisville. When the bank reviews my offer do they compare what I offered versus what it actually was appraised at? or what was owed on the home. I offered…
How should we approach the Lender about "Cash for Keys" (We have 2 Lenders)?
My husband and I had to file bankruptcy when we closed our business & we surrendered our house in the filing. Our secondary lender has began foreclosure proceedings & we've received documents…
in Ansonia,CT.
Currently renting sherriff served preforclosure I call my landlord but he is telling us the house isnt on forclosure,how can i find out if this is true? the mortgage company thinks he is residing here…
Do you know anything about a land trust?
I know someone who does hard money lending but does land trusts instead. Do you know anything about that?
Can the city of Cape Coral foreclose on a paid off home over the water assesment?
I have a home in Cape Coral that was payed off 4 years ago, before the fall of the economy. Since then they brought the water through my area. I've at most have been able to work 20 to 25 hrs a week…
How do I go about getting work cleaning out foreclosures...?
Hey just wanted to know how I go about getting work cleaning out foreclosures...Have all the supplies I need, the business licence, the workers comp and liability...I'm just stuck now on how to get…
rentals and forclosues
I live in Minnesota and just found out that the home we have been renting for 5 years is in preforclosure, our lanlord did not tell us we recieved mail from there loan company. We completely finished the…
I owe way more than my house is worth. I am thinking about letting my house go into foreclosure. Bank will not accept a short sale.
My neighborhood has become not so safe and the schools are terrible. Both of my kids are suffering. I really don't want to ruin my credit but I have to do what is best for my children. Bank would…
looking for foreclosure,fix up anything along those lines.somthing away from other houses off road and tolerent to equiptment please send everything
i am currently in the dexter area,anything within 20 miles of here with at least 3 acres and preferably secluded
We have owner financed a home and the buyer pays sporatically. What is required on the notice for default? What is the response timeframe?
We have paid the taxes and insurance and have received no reimbursement either. These will need to be included along with the actual home payments.
WE are lookking at a forclosed house. to find out it was only permited as a garage and was converted by the owner. It is bank owned.
can we live in the garage/house without permits? can we puchase it and get financing as a house? The house can be seen on any forcloser site in CA. it is mls#99427, apn#014-551-260
Why would anyone buy this house (at ANY price)? Makes no sense.
A friend lives in a lovely home, but fell on hard times and was unable to keep up w/ the payments. The home has 1st and 2nd mortgages totalling over $600K, but the current market value is well under $500k.…
How to start a cleaning out foreclosure business?
I want to start my own cleaning out foreclosure business, but what do i need to get started. How to i get a llicensed and insured. How much to charge and what to i charge.What things to i need to clean.how…
Trying to buy REO. Owned by DEUTSHEBANK. Offer accpted but now listing agent says FanieMae has to approve it. What's going on.
So the listing agent says my offer was accepted by the bank, and now she says we are waiting to hear from Fannie Mae. I don't understand what Fannie Mae has to do with it? The bank owns it not Fannie…
Will the bank foreclose on my condo loan if my 1st lien is current and the 2nd is not?
Note 1: My 1st & 2nd liens with the exact same bank Note 2: Comparable condos in my complex are selling for 60% less than what I owe the bank
Would a bank discount a foreclosed house below the asking price? Even for a cash purchase Deal?
In this soft market, would a Bank accept an offer below the listing price for a foreclosed property, even for a buyer willing to pay for the full purchase through private financing. I don't want to have…
We moved out of our Florida home 3 months ago because the lender wouldn't help us modify our loan. We
both looked for a full time job but couldn't find one and only had Social Security and Military retirement to pay our bills. My questions is, should we file bankruptcy now or not? Will the mortgage company…
A purchase money 2nd mortgage was sent to collections. The collection co. now wants to set up a payment plan to collect. TX property. Options?
I was unable to find a buyer on my short sale. The house foreclosed. Purchase money 1st and 2nd mortgages--2nd mortg. sent to collections company. They now want to collect. What can I do? I lost my…
Do realtors have access to the "foreclosre" listings found on Trulia?
I object highly having to pay for access to basic information, location, pics via sources such as realtytrac.com or foreclosure.com for these listings. B/C I am looking for a home 3000 miles away from…
Once the property is posted for sheriff's sale, what rememdies are available to the homeowner?
I stopped paying the mortgage because the homeowners association refused to make structural and other property repairs. Now they are foreclosing on the property. What alternatives do I have to stop the…
When Does Ownership Change after Trustee Foreclosure Sale?
Hello, I was looking at a property in Henderson that's scheduled to be sold at the trustee foreclosure auction. It has a tenant in it. If I buy it can I charge rent right away, and do I need to…
How do I locate info on my landlord's property?
I want to know if the property my landlord owns is in foreclosure?
In property preservation,., when is HUD property in conveyance condition>
How do i know if a property is in conveyance condition if it a HUD property?
How much is the bank willing to accept of a Foreclosure offer (homepath Fannie Mae)?
Property is listed at 270K (comps at 330k) and no offers have been submitted on the property. The property has received one price reduction of 30k since it has been on the market back in June.....I dont…
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