Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

James asks…

How do I find real estate foreclosures in my area?

Hello, I’m an aspiring real estate investor. I’ve done my research and would like to buy a foreclosed home at a lowered price in the Mississauga area. How would I go about finding out where they are located? Should I just go ask the local banks?

Your Questions About Foreclosures

The Expert answers:

The banks can not legally sell them to you, they would just send you to their RE agent.

Any local RE agent can get youAU list and show you foreclosed homes. They are sold the same as any other home, but of course at about 90% of FMV, so you see some savings.

Your Questions About Foreclosures

Lizzie asks…

How will universal health care stop foreclosures and stimulate the economy?

These two points were made by Obama in his argument for urgency in passing his health care proposals. Isn’t he robbing “Peter to pay Paul”? This plan would tax businesses more than they currently pay for employee health care.

Your Questions About Foreclosures

The Expert answers:

Here’s something to think about: according to the census bureau, of the 47 million or so that are uninsured almost 10 million are illegal immigrants, 8 million make over 75,000 a year, another 8 million make over 50,000 a year, and 14 million qualify for medic-aid or medicare but do not apply. Hmmm. Makes you think that maybe our system isn’t so bad after all. So Obama needs to quit with his fear mongering and quit lying to us. There are a lot of unemployed, but 47 million is very misleading. Give us a real number!

Also the idea is that by giving health care to everyone, businesses don’t have to pay for it, and then they can give more jobs, increase profit, and help the economy. Which sounds great, if you’re stupid. Since Universal health care is insanely expensive, guess who pays for it? Raised taxes on business and on the rich, (and apparently companies that aren’t green). So it’s basically a beat-around the the bush way to distribute wealth. And ask yourself this? Is it a good idea to take from from the rich? Take money from a poor man, and he becomes poorer, take money from a rich man, and he goes to work and fires his workers. So which is worse? MAYBE GOVERNMENT JUST SHOULDN’T TAKE PEOPLES MONEY!

Your Questions About Foreclosures

Thomas asks…

What are a renter’s rights when it comes to foreclosures in FL?

We have been renting a new townhome in Miami, FL since September. We believe the home will go under foreclosure before the lease is up due to mortgage fraud on the part of our landlord. We’re not sure what to do now except sit and wait, which is really unsettling! How many payments must the owner miss before the house goes into foreclosure? (Our owner missed two payments so far — we get the notices!) What are our rights as renters? How much notice will we get if the lease is not honored?

Your Questions About Foreclosures

The Expert answers:

Has a court case been filed? It takes about 8 months or more before a final judgment is issued from the start of the case. This is mainly because there’s foreclosures everywhere in Florida. So if you don’t see it in court yet, you have some time.

As for your rights, there’s not much aside from your payments.

Your Questions About Foreclosures

Susan asks…

What is a good free website to find foreclosures?

I’ve seen some sites out there, but they’re all subscription/pay-service. I’m looking for a site that has foreclosure listings (specifically in MA), without having to pay to view them.

Your Questions About Foreclosures

The Expert answers:

You can check the local paper see what homes are going to court for foreclosures, you can get the listing from banks that repoed the homes, wells fargo has a repo page, usbank has a repo page and I know that the VA has one too. You can also check with your county assessor to see what homes are now bank owed, takes a lot of searching but they are out there.

Your Questions About Foreclosures

Laura asks…

How do I find out about available foreclosures in my area?

When I Google for information, there are dozens of sights the search leads me to, most of which charge a fee. Surely there’s a legitimate site where one could find these properties.

Your Questions About Foreclosures

The Expert answers:

There are no legit “lists”. Contact a real estate agent in the area you are looking in, they should provide you with a legit list free of charge.

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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