Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

Helen asks…

What should I charge per cubic yard to remove junk from homes that have been foreclosed on?

We clean out foreclosed homes and take the junk ot the dump. It can take up to 10 hours per house. And we have to pay the dump fees. It is hard manual labor. It puts strain on our trucks and cost a lot in gas money.

Your Questions About Foreclosures

The Expert answers:

A few years ago, I started buying and cleaning out houses. Fixing them up and renting or reselling them.

Funny thing I discovered. Some of that stuff isn’t junk. With a little cleaning, it can be worth some valuable $$.

I have also done the job of cleaning out for someone else. I charge $35 per hour for each person I need to help plus dump fees, plus mileage. I also make sure I’m on site to pull out anything saleable, and I make extra money that way.

Your Questions About Foreclosures

Joseph asks…

How do I find foreclosed homes online ?

How do I find foreclosed homes online without having to pay the hidden fees?

Your Questions About Foreclosures

The Expert answers:

Honestly all you need to do is to contact the local tax appraisal district in the area that you are wanting to buy and they will have a list on the homes. Also contact the local banks in the area and see if they have anything available or even all the local real estate agents will have the information.

Your Questions About Foreclosures

Laura asks…

Where can I find free information on foreclosed homes in San Antonio Texas?

I signed up for a “trial” for $1.99 through consumerresourcenetwork.com and received a wonderful and promising listing of foreclosed homes in San Antonio, Texas. When I attempted to call the real estate agents listed for each property, they were already sold a long time ago. I’m trying to find a listing of foreclosed homes in my area for free with no strings attached. ANY information will be greatly appreciated. Only mature and genuine responses please. Thank you.

Your Questions About Foreclosures

The Expert answers:

Any of those agents you called would be happy to provide you with a daily list for no charge at all.

Your Questions About Foreclosures

Linda asks…

what website can I go to inorder to look up foreclosed homes in cleveland for free without entering my credit#

I’m trying to look up foreclosed homes in cleveland for free but every website I go to ask me to enter a crdit card #. I don’t want to do that I just want to look it up for free.

Your Questions About Foreclosures

The Expert answers:

Find a buyer’s agent in Cleveland.
A real estate buyer’s agent.
Make sure you are qualified for
financing or show that you have
cash. A buyer’s agent will help you
find a foreclosure house.
[if have the $ and can’t find an agent
I will find one for you]

Your Questions About Foreclosures

James asks…

how to make an offer on foreclosed homes?

If a house is listed as owing $150k and is already on foreclosure, is that a starting bid or do you make an offer to pay off that amount? How do you know how much to offer on a foreclosed home? Or do you just make an offer of what you can afford and hope the bank accepts it? Do you also get to inspect the property first?

Also, does anyone have a great suggestion for a real estate agent for the bay area who is good with foreclosed homes?

Thank you!

Your Questions About Foreclosures

The Expert answers:

If you’re looking at foreclosure notices in the paper or somewhere else, you need to know that they are IN foreclosure but not finished. This means the bank does not yet own the property but rather the Borrower does. The auction is held by the Trustee and the bank is simply one of the bidders at auction. The bank’s opening bid will be all or part of what they’re owed. If someone else bids more than the bank, they will be the high bidder and receive the house. If the bank is the high bidder, they will “take it back”. And offer it for sale to recover their money.

The only way you can buy the property prior to the auction is to buy it from the Borrower. Your offer will need to be enough that all lenders on the house will accept. (In the case of a “Short Sale”, you negotiate with each lender to accept less than they’re owed.

Prior to an auction you are interested in, you should contact the Trustee and ask what the terms of sale will be. In many locations, you will have to have the entire bid amount at the time of sale, while other places may permit a letter of credit with full balance in a day.

Powered by Yahoo! Answers

Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures

Your Questions About Foreclosures

Your Questions About Foreclosures