Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

Sharon asks…

Is there any way to find home foreclosures for free?

I am trying to find a website that has complete foreclosure listings for free. Every time I look on the web the foreclosure sights say the listings are free, but in order to look into this any further you have to pay a fee with a debit or credit card. Is there any sight that truly is free? A sight that will give you addresses without having to pay? Thanks for answering if you can!

Your Questions About Foreclosures

The Expert answers:

Foreclosures are listed at your local courthouse for free.

Your Questions About Foreclosures

Donna asks…

How can i benefit from the banks helping foreclosures?

im not in danger of losing my home, but and adjustment would be nic. I have FM at 5% but with the rates dropping and people getting additional help to keep their homes, is there anything that i can do the benefit from it. I do not want to skip payments to give them a reason though?

Your Questions About Foreclosures

The Expert answers:

If you have a 5% interest rate and you are not behind on payments there is no way you are getting a modification. 5% is an excellent rate! The assistance is not meant for everyone, only those who have true hardships, which are typically the 3 D’s, Death Divorce, or Disease. Quit being greedy and just make your payments.

Your Questions About Foreclosures

Mark asks…

I’m interested in buying foreclosures and was wondering how i go about getting started and what i need and

where i can get a list of properties foreclosures. Do I need a licsence or a relastate agent.

Your Questions About Foreclosures

The Expert answers:

Realize you have half the world in competition with you. Unless you have a tremendous income to qualify for a second house loan ( very hard to do right now ) you would need all cash.

The deals are not great because the homeowner owed more than it was worth and did not want to give up his home so there will be extensive repairs necessary which added to what the mortgage company wants for it, you can usually find better deals from private sellers who cared for their home.

If the buys were so great you would see large investor pools buying everything up even before you knew about it…think about that..

Your Questions About Foreclosures

James asks…

Do you clean out foreclosures for a living?

I’m wondering how it works. Do you clean it like a cleaning service too, or do they call you in you just empty it out? Does the employer supply dumpsters or are you responsible for hauling away the stuff? Do you work for a company, or are you an independent contractor? What are the costs and profits of your business/job? Any info is appreciated. I’ve read some websites about it, but I’m really looking for first-hand knowledge and experiences here.

Its something I’m considering getting in to as a side job.
Thanks!

Your Questions About Foreclosures

The Expert answers:

If you have a contractors license. Any job over $500 the tradesman must have a valid contractors license,

The contractor provides the dumpster and all supplies and is an independant contractor, pays the workers including social security, witholding taxes and workers comp.

Not doing so is a felony. No bank will hire you if you are not legally licensed.

Your Questions About Foreclosures

Linda asks…

Can foreclosures happen in the winter months?

I heard that when you rent an apartment the landlord can’t kick you out during the months of October all the way to April.
Is this how it is with houses that are in foreclosure as well?

Your Questions About Foreclosures

The Expert answers:

That is an urban myth.

One can be removed via foreclosure or eviction anytime during the year.

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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