Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

Ruth asks…

How or where can I find a legitimate real time FREE listing of Foreclosure or Auction Homes locally ?

Im tired of ambiguous listings, free trial bull, dead-end websites, refers to real estate agents (who never return e-mails or phone calls), and uninfomative local gov websites. Im a single father of four (ages 7-11) who needs a home a.s.a.p., but can be patient if the circumstances have legitimate promise.

Your Questions About Foreclosures

The Expert answers:

Foreclosures.com, type in your zip code.

Your Questions About Foreclosures

Ken asks…

I am looking at foreclosure homes, what is the accruing costs and if I bid on it do I have to pay them?

Your Questions About Foreclosures

The Expert answers:

Depends, If you are talking REO, judicial or non-judicial.

Some of these homes are sold through the court at auction or by the sheriff Dept. If you show up to the auction you have to have cash or certified check for atleast 10% of the price of the home or another predetermined amount. If you bid and win then you pay that money then and there. You then have a set period of time from 10-30 days to arrange for final payment. You may also be liable for other fees and fines like back taxes or court custodian fees.

Sometimes just because your bid wins doesn’t mean the court gets to sell it to you. The court can overturn the sale if the judge feels it isnt enough money, like paying 10K for a 200K home because you were the only guy to show up to the auction.

The best thing is to get preapproved by your bank for a mortgage, scope out the foreclosure market for which places you like and a few you dont, go check out the auction proceedings and then you will be set for battle.

But if you win be prepared to pay and if you pay tha initial upfront and then decide you got a bad deal and back out–be prepared to lose that money, the court wont return it.

You may also get stuck with a place you cant kick the residence out of, so make sure the place is already empty. Once you got the place, insure it so if vandal come steal all the copper wire, appliances, and HVAC you are covered.

Your Questions About Foreclosures

John asks…

which free and reliable website can i have the option to find foreclosure homes?

i’ve been to realtor.com but they don’t tell you directly if it’s bank owned. and you won’t know unless you call. any help would be great. thanks

Your Questions About Foreclosures

The Expert answers:

You can check out GovernmentAuctions.org – they have a 3 day free trial and a comprehensive list of foreclosed homes within the USA. You can even narrow down the search to within your zip code. It’s a good resource that I have used several times in the past. They also have cars, housewares, and electronics – for your new home of course!

Your Questions About Foreclosures

Lisa asks…

is there a list of homes that need foreclosure cleaning?

I need a list of homes that need foreclosure cleaning or eviction cleaning

Your Questions About Foreclosures

The Expert answers:

The real estate brokers handle that for foreclosures, whoever manages rental property does for evictions.

Foreclosures usually need haul out, not simply cleaning.

Your Questions About Foreclosures

Mary asks…

So according to McCain it’s the homeowners fault that the banks is putting so many homes into foreclosure?

I mean is this guy serious, or is he not fully aware of what the banks did and are continuing to do to helpless americans everywhere.
“McCain is a rational level-headed person.”

haha thanks for making me laugh dear I truly needed one this morning.

Your Questions About Foreclosures

The Expert answers:

Republicans don’t want to help anyone except themselves so most of his potentials voters like the idea of not helping the homeowners. They figure the bankers are not their competition but people who own houses around the same price range as theirs are competing in life with them. They say they support the troops but some of these home owners are people in the military. I haven’t heard about this latest news but I know whatever McCain does will be good for the billionaires & bad for working people.

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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