Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

Mary asks…

Still looking for websits for a FREE list of UP COMING foreclosures on homes..any state can you help?

I help people save their homes from foreclosure even if they are scheduled for a Sheriff Sale. So the list that I’m looking for would be Pre-forecloser list…I have no interest in buying homes MY GOAL IS SOLELY TO ASSIST HOMEOWNERS any state in the US.

Your Questions About Foreclosures

The Expert answers:

You’re not going to find a FREE list, such as you desire. There is no national database of foreclosures or pre-foreclosures. The reason that the sites require you to pay is they incur expenses gathering all this information from the various sources into one location.

Your Questions About Foreclosures

Betty asks…

How much is this house worth? in foreclosure it’s bank-owned , has been sittings for at least a year.?

Needs a new roof, basement isn’t finished, etc

http://www.edinarealty.com/MN/Red-Wing/55066/homesforsale/2571-Deer-Path-Trail-60544785/popup

Your Questions About Foreclosures

The Expert answers:

Who knows.

Have your agent show you recent sold properties like this one. Make the adjustments for the roof, etc and you have a value.

Your Questions About Foreclosures

Donald asks…

Where can I find city statistics for the number of licensed real estate agents per location, conveniently?

Yahoo Real Estate page provides great statistics for whichever city I choose to input, such as ‘Homes For Sale (MLS)’, ‘New Homes‘, ‘Foreclosures’. As an additional economic indicator, I am looking for a similarly convenient website or resource that would also show how many licensed real estate agents are within the designated location.

Your Questions About Foreclosures

The Expert answers:

I don’t think you are going to find one. I don’t know of any site that keeps these stats.

Your Questions About Foreclosures

Sandy asks…

Foreclosure/short sale advise?

my parents had to do a short sale on their home in palm desert due to my 75 yr old father has had 5 surgeries and has been ill and they lost their home, today they received a phone call telling them that their locks were going to be changed today-my dad in going into surgery at 7am tomorrow -5/21 and my mother doesn’t know what to do? They were told they would get a notice for when they should be out of house-after surgery my dad needs to be bed ridden per Dr.s orders-what is my mom and dad suppose to do-they have no one to help move their very heavy furniture-they are on a fixed income which they only get on the 1st of each month-with no where to go, and especially now since my dad is having a life saving surgery in am. Can they be put out on the streets when my father has just had his 6th surgery? They just found out as of last Tuesday that the bank got their house-they were advised to do a short sale and were told alot of false information and now their stuck,

Your Questions About Foreclosures

The Expert answers:

First, if they did a short sale they sold their home to someone else.

You also keep saying they have no one, no where. They have you. Hire someone to move their furniture into a storage unit for now and have dear ol’ dad delivered to your home when he gets out of the hospital.

You should not be expecting others to step in and support them, your family should be stepping up and making a plan, not asking what other people are going to do about this.

Your Questions About Foreclosures

Ken asks…

Loosing one of two homes in California. Now what can I expect.?

6 months ago I purchased a second home in California and started renting my first home. The people renting the home broke their contract and left, and I have been unable to find more renters. I cannot afford to pay both mortgages for both homes, and the one I was renting (the first home) I am thinking about letting go into foreclosure or short sale. This home has been refinanced once (this was just to get a better interest rate and no money was borrowed) and the loan is an 80/20.
Both homes have the same mortgage bank too. What can I expect to happen? Will I loose both homes, have to owe the smaller loan from the first home still, have a huge tax bill from the IRS for the difference of the home, or what? Please help.
No extra money was taken out of the first home is what I am saying. I did not refinance and take out money from the then exisiting equity in the home. The refinancing was to lock in a interest rate before the rates went too high. And I know its not play money, BS like that is not helpfull. Hope insulting little remarks like that make you feel good and all knowing.

Your Questions About Foreclosures

The Expert answers:

Since you refinanced you will owe the money no matter what you do. If they take #1 and you do not pay up the differance they can go after #2 and any other assets you have. If they can’t get it in assets the garish wages until you have repaid the money you were given.

I do not get where you think no money was borrowed. What do you think this is? Play money? You borrowed and you spent real cash money.

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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