Foreclosure—questions & answers, advice and opinions page 87

offer on shortsale home and then find out home was relisted at higher price.
Looked at a house listed for 119,000. decided to put in an offer and that's when we found out it was short sale. owners accepted offer and we put down the earnest money, and turned in our bank approval…
What's the truth about the ongoing loan modifications and "forensic audits"? Many are still being victimized by unscrupulous
operators. I get a couple of calls weekly from homeowners who heard something on the radio talking about fixing their "toxic" mortgages -- either modifying or doing an "audit". I'm…
RealtyTrac...would it be beneficial in ascertaining the price on a home to buy?
A lot of properties on Trulia don't have details, but only a link to RealtyTrac. (A) Is it worth the monthly fee to get access to this website? (B) Will we get contact info to make offers to the appropriate…
I'm looking for an investment property or vacation property with-in 50 miles around metro New York City.
at least 2 bedrooms 1.5 baths. In an area that is up and coming or being revitalized. Looking for a low priced deal.
how do I find amount of lien against property in Shaler, PA? My brother-in-law has a home equity loan against his property.
He did not pay, disappeared into an alcohol/starvation state. Locks were changed in February. My sister is doing nothing. If we could pay off the lien, could we get the house and save something? House…
We are behind on our HOA fees. The association has a lien on our property. They are threatening to foreclose. We sent them a payment and tried to
offer 1/2 now and 1/2 next month. They are refusing any payments and said they will forclose. Can they do this?
Should we wait out this Fannie Mae foreclosure freeze?
We fell in love with a Fannie Mae foreclosure condo in Jax. Our bid was accepted the first week of August. Our loan officer & agent told us we would close quickly. It took weeks to find out out that…
My question about Short Sale
I lost my job and my husband still continues to work.Half of our monthly income went to out mortgage which is a interest only. I have tried previously to work with the bank(Chase) and let them know about…
What percent of the listing price would be considered a strong offer on an REO property (Freddie Mac), with consideration that it is a cash offer and?
asking for ZERO closing costs and asking for a quick (21 day) close of escrow. I was told there was another offer on the property. I appreciate your input.
I reside in staten island new yourk... I am in the process of getting a discharge from my bankrupcy so far my house has maybe 15000 in positive equit
I need to have a person familiar with new york law to guide me with if i should sells now while ill probably have to wait 3-5 months for house to be sold or stay in home till i receive a letter then ask…
How to obtain info on Foreclosures in a neighborhood and how to contact the showing party to proceed?
How to get a list of foreclosures in a neighborhood? Trulia lists the properties listed for sale, though there is no address or info on the foreclosures or who to contact to see and proceed further. Specifically…
Are auctions scheduled for this Friday Nov. 26th in San Bernadino County still on?
Or because of the Thanksgiving holiday, does anyone know if they'll all be postponed til Monday Nov. 29th?
During the foreclosure process can the Redemption Period last more than 90 days after a Notice of Default is filed?
We carry the note on the above mentioned property and did not publish the sale because the debtor paid a small part of back payments due and started making regular payments after that. She is still behind…
Is this house on 2391 Potomac Ave York PA 17404 for sale?
I friend in the neighborhood saw that no one has been residing in the home and it was up for sale, but then the sign was taken down. No one is living their, the propery is neglected. Is it for sale and…
Foreclosure and retirement, We have 3 homes a primary in Chicago $200,000 no equity and losing value, a short term rental in Kissimmee Florida
(underwater by $40,000) and a vacation home in Florence Arizona (Underwater by $100,000). So far I have been able to keep making payments and have great credit. We are looking for our Retirement home…
In contract for foreclosure...appraiser sent by lender says he is employee of the lender. ..but the name on the appraisal is the lender &
appraisal co 1) I asked the appraiser for his card for future purchases, he said he was an employee of my lender, and that he had no cards...that he worked for the bank that is my lender. The appraisal…
waiting for a short sale to be approved and I received a foreclosure letter, what can I do? i have offers for my house...
I am waiting from the Bank of America to approved my short sale, ( I start the process 3 months ago) but they send me a letter with foreclosure intentions and my time is almost finish, I only have 12…
Waiting on a MHA Mod from B of A for over a year. Home now in foreclosure. Why am I getting letters from Lawyers trying to represent me?
I call every other day to check the status and no one knows. Underwriting has had it numerous times, appeals have been granted/approved. No sale date but wonder if in danger of losing.
If a deficiency judgement is pursued by the bank, IF PMI was paid throughout the loan( up until the late payments), is the PMI responsible to pay?
I purchased my codo for $132K back in 2007. As of today 7 units that never sold are on the market for $65K less than my condo, and the first forclosure in my building (26 units, 16 are either for sale,…
A loan modification wont work for my situation, does anyone have any more advice?
My uncle is 5 months behind on his morgage and I want to rent his house for what he pays in morgage. But his morgage is a $150 more then I can afford. He cant do the home modification because he doesnt…
My husband and I live in Columbia, SC and we are in bankruptcy. Our home is also in foreclosure because we
have chose to let the home go because we have a problem with the recurrance of mold in our home.Over two years ago our ins. copany paid for the clean up of the mold, but it has returned. I believe that…
Why Are We Drowning (literally) In Western Pennsylvania?
Everyone Says the "Foreclose Services Business is Booming". Why not in Western Pennsylvania? The Out-State-Nationwide preservation companies get all the HUD and Fannie Mae jobs then want…
How Much Would You Pay For Sale Cleaning Or Preservation Services as a Realtor, Investor or Listing Agent?
I really want to set average fees for services we provide. Your inputs as Real Estate Professionals is highly solicited. I want to attract new clients and not scare them away. https://sites.google.…
just a couple questions on foreclosure cleanups
what license is it that you need to obtain to start up a property preservation(A) how much does it cost(B)how long does it take to obtain(C) is there an exam or test?
foreclosure cleanout questions
can some of you specialist gimme an average on a foreclosure cleanout nothing to specific just a round about i understand the hourly times how long it will take method plus overhead i was just wondering…
i haven't made a housepymt for 1 yr., because of loss of job, health. Looking at moving, don't want to lose evythg, boa told us to not pay
4 lwr rates we called boa and asked for lower rates over a year ago, we had 750 credit rating, boa would not lower our rates, and get us out of a arm. I was unemployed for 2.5 years, we were desperate…
when will the foreclosure freeze be lifted? we are waiting to close on a foreclosure. will they be on a case by case basis?
we executed an agreement of sale on a home in Sept. and were scheduled to go to closing in Nov. within 2 weeks of signing we were notified of the freeze. Our realtor is very professional, but just does…
Is the title insurance on a bank owned foreclosed property higher than that for a "normal" property for sale?
Is it harder to get title insurance for this type of property in Virginia or Washington, DC?
What's the chances of buying a "new constructed" home that's not finished and have been sitting since 2005- from a new builder
(who just recently purchased the whole development from a bank b/c previouse builder foreclosed) as an "AS IS" property deal and hire my own contractor to finish it up? OR do i have a better…
Can a foreign citizen (Australian) buy property (commercial and residential) in U.S.A. ?
i am thinking of buying multiapartments and also individual homes in U.S.A. and want to know the laws regarding it.
is there help with moving expenses ?
i am a renter .living here for 4 years never late on my rent. a lawyer sent me a letter home going up for auction on dec.7th.landlord wont return my calls .i live paycheck to paycheck hard to save for…
My wife had a brain injury this summer we still owe $275k and can't afford it any more. The house is worth only about $200k please help.
She is back to work making alot less now, what can we do that wont mess us up too bad? We are not late with any payments this month. We would like to try to keep the house for kids sake if possible.
How do I start a foreclosure cleanout, property preservation business; and how much to charge, in birmingham AL.?
My name is Derrick and I work at an apartment complex where I do maintenance/punch detail. I would like to start a foreclosure cleanout property preservation business.
If my first mortgage is in the process of a loan modification and the 2nd forcloses is there anything I can do to save my house?
Went to court today for the 2nd which foreclosed for 60k my first is going through modification which I owe 289k. Everyone told us this wouldnt happen with the 2nd that there is just not enough equity…
My house is now worth $250K and I owe $350K. My payments are high and I am struggling to keep up. A friend
has a bigger nicer home on the island that is willing to do a rent to own contract for seven-ten years. The payment is moe affordable. I am thinking about foreclosure or short sale. I am not worried…
My home went to auction no bidders so the bank assigned a Realtor to list for an REO, can he change the locks at will.
My home went to auction on a foreclosure. The bank has now recruited a Realtor to list the home. The realtor advise me that if I don't move asap he will have the locks change. I assumed the bank must…
I am renting a home and my lease ran out. They have not renew my lease. Something is telling me that the
place is going up for foreclosure. How do I find out without paying for it on the net through those companies that offer info on foreclosed properties? I live in San Diego
Ned help getting Chase to extend forbearance payoff two months when a national retailer will make Settlement or Chase forecloses on AZ commercialRE
Forebearance agreement balloon pmt due 12/15/10. Settlement w/natnl retailer scheduled for 1/15-2/28/11 due to budgeting. I Can't get a bridge loan due to declining credit and low property value.…
I would like to know if there is money that is buffered in the HUD1 what happens to the money that is the over? I have a short-sale but on the HUD1.
my house is a short-sale @233,500. 1st mort. 165000 payoff till nov.29 then other cost in fees 24147.00,7005.00 closing cost of buyer, taxes4675.07(highside) = 32672.93 but because she is buffering she…
I am interested in starting a foreclosure clean out business in moreno valley
what is the first steps i should take. how do i get the work from the banks and lenders or agents.
If a house has been in foreclosure twice, how many loan modifications are aloud on a mortgage and how far apart do they have to be?
The house I am renting is in foreclosure. This is the second foreclosure on the home. The landlord also had a loan modification last year. He is trying to get on another program to save the home. If he…
we have been living in a rentle house that the owner forecosed on over a year ago we were not given an aviction we paid until lease expired ,
we waited for forclosure prosesse ,so we coud purchas property, the association has put some kind of leagle hold. r we liable. how should we proceed ?
Realtytrac.com scam: watch out their free trail scam.
when you try to cancel your trail member ship, a lot of questions confuse you online before you hit the cancel icon. I don't receive email confirmation. so I try to go back log in to my account, my…
I rented a home in July of this year and learned recently that is in foreclosure. The owner wants me to assume the loan and pay him off $20,000.
Is this a difficult process? The home is perfect for me, but I filed chapter 7 this year and don't think I will qualify for much of anything at this point. Can you give me feedback on this?
I have a forclosed property in California in Sept 2009, which I owed $370,000. Part of this is $150,000 that I pulled out after a refinance. The
Property was sold for $320,00. Will the lender go after me in the future for the difference?. Deljoe SD
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures?
How does the buying process for foreclosures or FSBOs differ from homes sold by agents?
my aunt had a house she passed away my sister was the co-signer. aunt was married he rented the house but is not payin mortgage what can we do?
my aunt was married he stood with the house he rented the house like 2months after my aunt passed away he has not been paying the mortgage and is now affecting my sister's crediit she dont want the…
I have a pre-approval am I ready to bid on a foreclosure?
I have a pretty low pre-approved FHA loan amount - the amount is looking better every day as I search Trulia - will I encounter problems while looking for foreclosures in the South Orange County area?…
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