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Archive for June, 2007

What are the best free ways of finding foreclosures?

Renting & Real Estate 2 Comments »
foreclosures
ateema asked:


In the Bronx, NY

Thanks


June 30th, 2007 |

Tags: Bronx Ny, Foreclosures Ny, Free Foreclosures




Is there a place to get information about foreclosures without having to pay a fee?

Renting & Real Estate 2 Comments »
foreclosures
Sans asked:


I’m interested in where the homes are and what the prices are but all of the websites that I have found with the info. are charging a fee.

Also, in your opinion, would you buy a home that was in foreclosure or would you not do it because it may be like gaining something for someone else’s loss?


June 29th, 2007 |

Tags: Foreclosure, Foreclosures




Given the recent rise in foreclosure activity in the USA, how can one profit from these foreclosures?

Renting & Real Estate 6 Comments »
foreclosures
Tyler P asked:


What are some ways an investor can profit during this time of foreclosure acitvity? Should I buy a house at auction then “flip” it? What are the banks and lenders doing with the houses and how can one get involved? N.B. I am a licensed building contractor in CA.


June 27th, 2007 |

Tags: Auction, Banks, Building Contractor, Lenders




Do you feel Realtors should be held accountable for foreclosures?

Renting & Real Estate 17 Comments »
foreclosures
fuzzy asked:


Do you feel that Realtors should be held accountable in some way for a foreclosure. Sub-prime lenders may be giving out loans too easily, but who is pushing people into homes they might not be able to afford? In Connecticut, buyer’s agents and seller’s agents both work for commission and are part of the same Realtor organization, they want the home to sell for the highest amount possible. Should they return the commission or pay a fine if the house goes into foreclosure (within a certain time frame after the sale)?


June 22nd, 2007 |

Tags: Foreclosures, Loans, Realtor, Time Frame




Mortgage foreclosures in USA increasing and house prices expected to drop 30%. What are the reasons?

Other - Business & Finance 4 Comments »
foreclosures
VVV asked:


Is it purely incompetence and warmongering by Bush and his coven?


June 22nd, 2007 |

Tags: Bush, Coven, House Prices, Mortgage Foreclosures




Should/would a Realtor provide a list of foreclosures in their area?

Renting & Real Estate 6 Comments »
foreclosures
Foamy is God asked:


My realtor has not provided me with a list of foreclosures.
I have not asked……should I specify that I may be interested or should/would they already be included in the listings that she sends me via email?
Do you know of any free sites that has a list of foreclosures for a certain state?


June 20th, 2007 |

Tags: Foreclosures, Realtor




I am about to lose my house to foreclosure. I am looking for a 1-stop source for foreclosures or great deals.

Renting & Real Estate 5 Comments »
foreclosures
africanbfly asked:


Even though I am about to lose my house, I am very fortunate that my mother has agreed to buy a house for me - I would pay the mortgage and expenses. But we are looking for a foreclosure or any great deal. Is there a one stop source to find these properties in my area?


June 19th, 2007 |

Tags: Buy A House, Great Deals, House Foreclosure, Mortgage




what are the extra $ at closing when buying a house? How do foreclosures work? Located in chicago west suburbs

Renting & Real Estate 1 Comment »
foreclosures
anna asked:


I want to buy a house, but i dont know the process very well, as far as how much extra there is at closing cost. What is escroe


June 18th, 2007 |

Tags: Buy House, Chicago West Suburbs, Closing Cost, House Foreclosures




What are the best websites for foreclosures?

Renting & Real Estate 2 Comments »
foreclosures
Allan asked:


Under the assumption that we are not worrying about the cost of using their services.


June 17th, 2007 |

Tags: Assumption, Best Websites, Foreclosures




Are two foreclosures just as bad for your credit as one?

Credit 6 Comments »
foreclosures
Curious asked:


My husband and I are facing a foreclosure on our rental property and we’re considering walking away from our primary residence, a condo, also. Would two foreclosures be just as bad as one?
My husband and I are facing a foreclosure on our rental property and we’re considering walking away from our primary residence, a condo, also. Would two foreclosures be just as bad as one?

As an added bit of info- we already pursued a short sale with the lender for our rental and they let 6 months pass and 5 buyers walk.

Our primary residence, the condo, has been up for sale for 6 months and we’ve had 2 offers that were too low for us to afford (we would have been owing money). We can’t rent the condo and break even on our mortgage and there are 10 others just
like it for sale with the owners having lots of equity to negotiate with (we used ours to buy the rental).

While we understand that the foreclosure means that we will be renting for a very long time, we’re wondering if we should just move before the condo’s interest rate goes up and we are paying WAY too much for a one bedroom condo just for the sake of avoiding another foreclosure.


June 12th, 2007 |

Tags: Bedroom Condo, Foreclosures, Owing Money, Sake




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