Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

William asks…

kentucky foreclosure homes?

i would like to see all the foreclosure homes with swimming pools in northern kentucky

Your Questions About Foreclosures

The Expert answers:

Best list http://www.theforeclosuresinfo.com/foreclosure-list.html

find few different foreclosure list that serves your state

Your Questions About Foreclosures

Donald asks…

How can I stop a foreclosure on a house I’m trying to buy in Kentucky?

I have a contract on a home. I just found out today that it has gone into foreclosure. My bank says that I am 15 days away from closing, this will take me past the contract date.

Your Questions About Foreclosures

The Expert answers:

Kentucky is a judicial state meaning it goes through the courts. Does the court have a sale date on the property yet? If not you should be fine. If there is a sale date after your closing date then it is still fine. Judicial foreclosures can take a while and if it just went in then you can have the other loan paid off before the bank sells it. All you have to do is make sure it does not go to auction. Before it is sold at an auction it is sold the exact same way as any other property. If it is cutting it close to the auction date then the current homeowner needs to let the lender know what is going on, provide them with any information they need in order to postpone or reset the auction date. This is not too difficult, it just takes communication and today more than ever all they really want is the money not the house. Make sure the payoff is received too, that will take it out of foreclosure for good. Best of luck.

Your Questions About Foreclosures

Sharon asks…

my home is already in foreclosure. what are my options in kentucky?

Your Questions About Foreclosures

The Expert answers:

You might check this site out, they have good information on stopping foreclosures that might help you out:
http://stop-forclosures.blogspot.com/2008/03/how-to-stop-bank-foreclosure.html

Your Questions About Foreclosures

James asks…

Foreclosure. How does this work?

I am in Kentucky and I just spoke to my Attorney who said I could let it go into foreclosure. I am so afraid of coming home and a new lock being on my house. I have dogs and do not want them locked in and me locked out. I also need to find someplace to rent and this could take a month or two with my work hours. How long does this usually take. My Attorney said about a year but I am finding that hard to believe.

Your Questions About Foreclosures

The Expert answers:

4-6 months is the norm.

You should also talk to a Certified Distressed Property Expert, they will give you some additional advice and information for FREE, they may very well be able to help you avoid foreclosure, and you only pay them if they do. They are specially trained real estate agents, who work on the same commission as others.

There is a website, http://www.cpre.com where you can find one. I am not associated with this, not even an agent. However, I spend a LOT of time helping my extended family save their homes or avoid foreclosure and I have found these agents to be very knowledgeable and helpful. Cheaper then an attorney too!

Your Questions About Foreclosures

Daniel asks…

Foreclosure help?

Has anyone used the companies that you pay a fee to to help work things out with the mortgage co.? I am very leery about them but my options are getting limited. I live in N.J. and the Bank is in Kentucky. U.S.bank, they denied my loss mitigation application because I already used that option I am looking into all options but want to keep my home.
Thanks.

Your Questions About Foreclosures

The Expert answers:

99.9% of those are scams.

Your best bet would be to have a real estate broker work out a short sale for you. The banks usually will give you 3-4 months to sell if they know you have a decent broker helping you.

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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