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Upcoming Foreclosures

Foreclosure is the legal proceeding in which a mortgagee, usually a lender, obtains a court ordered termination of a mortgagor's equitable right of redemption. Usually a lender obtains a security interest from a borrower who mortgages or pledges an asset like a house to secure the loan. If the borrower defaults and the lender tries to repossess the property, courts of equity can grant the owner the right of redemption if the borrower repays the debt. When this equitable right exists, the lender cannot be sure that it can successfully repossess the property, thus the lender seeks to foreclose the equitable right of redemption.

Foreclosures

 

Foreclosures Knowledge Base

Foreclosures?

If a house is on the market as a forclosure will the bank consider a lower offer? or is their asking price what they expect to get? Thanks

Where do I start checking for foreclosures in Illinois?How do I get the list from banks of their foreclosures?

I live in Downers Grove, however I know there is a building in Chicago that I can go to check for foreclosures and to see if there are any liens and e...

where can we find help for foreclosures issues? And what is Obama doing to help foreclosure victims?

My parents recently lost their home to foreclosure and now they are planning to file for bankcrupcy. They recently went to file their taxes and they f...

How do I buy foreclosures directly from the government?

Do you have to be a real estate broker or agent (and have brokerage license) in order to buy directly from the government? What prices can I expect on...

What is causing so many foreclosures in todays real estate industry?

My mom is a realtor in the Bay area and she hasn't been selling houses lately and now it is causing us to move to a smaller house. We used to be very ...

Where do I find out about foreclosures or foreclosed properties in my area?

I'm living in Los Angeles, and would like to own my own place someday in the next 10 years. I've been told a good source for someone who is patient i...

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Government Foreclosures

 

Government Foreclosures Knowledge Base

government foreclosures?

I saw a bit on tv last night on government foreclosures. It said that because of back taxes the government will seize a property and then put it up f...

Where on the internet can you go to get a list of government foreclosures?

There are any number of services that will give you a list of government or private foreclosure properties. I am sure they are not paying for the inf...

Can you buy government tax foreclosures from $200 and up on homes?

Does anyone know anything about buying government tax foreclosures on homes from $200 and up? I have seen things about it on television and I was jus...

Do those ads about government foreclosures really work out for anyone?

You know the ones that seem to promise cheap houses? Do people ever really get houses when they respond to those ads, or do they only receive some kin...

Anyone here of Government buying foreclosures and making them Section 8?

Dont know if this is country wide but I know here in S FL it has created a huge problem. Anyone hear of the government buying all these foreclosure a...

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Government Foreclosures Images

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HUD Foreclosures

 

HUD Foreclosures Knowledge Base

How can I get started in buying foreclosures/hud properties without a lot of money saved up?

My husband and I would really like to get into buying foreclosed, pre-foreclosed, and hud houses to flip them. The problem is- we already have a mort...

Do HUD houses and foreclosures take a lot longer to process when buying?

Ones that do not have major repair work to be done.

What is a HUD Home? I am looking at foreclosures and low cost homes..?

What is a HUD Home? When it comes to foreclosed homes and these wonderful prices I am searching for my first house to purchase. I just need to know th...

How do I find REO and foreclosures in my area?

I want to buy a house, but with my credit and the amount I want to pay a month, I need lower prices. I also can't buy a condo due to the FHA we are a...

How do I find out how much HUD paid for a foreclosed property? It was owned by a bank before foreclosure.?

It was not a HUD property to begin with. After foreclosure HUD ended up with it. I don't want to pay an exhorbitant price if HUD paid pennies on the...

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HUD Foreclosures Images

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Foreclosures Bank Owned

 

Foreclosures Bank Owned Knowledge Base

Who has the BEST website (paid or free) to locate foreclosures and bank owned properties?

I am considering a career change and have 350,000 to invest in the home foreclosure market with the intention of fixing the homes and keeping as renta...

help with understanding bank owned foreclosures?

If a bank owns a house that is worth 200,000 lets say. And lets also say that all that is owed on the house is 100,000. As a buyer, if I put in a bid ...

Can you rent a house that is in foreclosure/bank owned?

We are renting in NW Indiana. If this is possible, who can you inquire about with?

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Foreclosures Bank Owned Images

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Foreclosure Law

 

Foreclosure Law Knowledge Base

Is there a new foreclosure law stating a deficiency by a short sale on a primary residence is forgiven?

I keep hearing about a new law, that might be part of a presidential order, forgiving the short sale deficiency of a primary residence. Can someone p...

Do you think the Arizona amendment to the foreclosure law will be repealed?

The amendment ( SB1271 ) that makes some homeowners in foreclosure liable for the the difference between their mortgage and what their lender can reco...

Is there a loophole for the new florida foreclosure law?

I work as a loan modification specialist and my firm is a reputable company. We have a A+ rating with the Better Business Bureau and we really help o...

Whats the best online source for foreclosure case law information?

best free resource to consult before talking to a lawyer, for foreclosure case law examples and information

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Foreclosure Law Images

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Understanding Foreclosures

 

Understanding Foreclosures Knowledge Base

I dont understand foreclosures can anyone help?

Im a first time home buyer and have been looking through the local listings on yahoo real estate and other places and keep coming across homes that ar...

Understanding foreclosures and banks?

We scheduled to look at a bank owned property tomorrow at 5pm. The realtor working with the bank told my realtor they were looking to "get rid o...

help with understanding bank owned foreclosures?

If a bank owns a house that is worth 200,000 lets say. And lets also say that all that is owed on the house is 100,000. As a buyer, if I put in a bid ...

I need help understanding a foreclosure?

Can someone explain to me what a deed-in-lieu is??? And what's the difference between that and a foreclosure, if there is a difference??? We are not...

How do foreclosures in large numbers damage economy. I don't understand. Please explain?

I admit, i don't have much understanding of economics. But how does a house that is foreclosed, have an impact on the finances of other people and com...

Need help in understanding how to read foreclosure listings at the courthouse?

I have been up to the courthouse twice and still have a hard time figuring them out.They list an amount and I assume that is what they either want to ...

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Understanding Foreclosures Images

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Property Foreclosure

 

Property Foreclosure Knowledge Base

Why are foreclosure property information not free of some sort of charge?

On the world wide web there are no absolutely free foreclosure property listings. Every place i have been i have to pay for a membership. There has to...

How do I make an offer for a pre-foreclosure property?

I have an address for pre-foreclosure from a web site that can tell you if a property is in pre-foreclosure or is already going to auction. I am look...

Purchaser of foreclosure property responsible for 2nd mortgage forgiven in bankruptcy?

2nd mortgage relieved in bankruptcy & home is now in foreclosure with 1st mortgage bank. If someone buys the property, will they have to pay the ...

How to make an offer to a Freddie Mac Foreclosure property?

I would like to know how does the foreclosure process work for a Freddie Mac property? How low of an offer could you present to this agency?

I am interested in buying a foreclosure property in southern California?

I want to purchase a foreclosure property in California to live in. What should I do first, how do I begin the process? Do I contact banks, real estat...

First time home buyer and interested in a Foreclosure property?

I fell in love with a foreclosed property, and would like to make an offer. Is there anything that I need to know about buying a foreclosure property...

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Property Foreclosure Images

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Foreclosure Process

 

Foreclosure Process Knowledge Base

FORECLOSURE PRoCESS?

My aunt's house is being foreclosed June 9, 2008. However, she found a buyer for her house. Will the foreclosure process be pushed back while her hous...

How long is the foreclosure process if I have already modified my mortgage once?

I modified my mortgage a few months ago and still struggling. I owe $315 and it's worth about $200. So, after thinking about it I am considering jus...

How does a home foreclosure process work?

If someone with an A paper loan goes into foreclosure because their home is worth less than half the value of the mortgage therefore bank does not app...

How long is the foreclosure process in California (Riverside County)?

A friend is three months behind on their mortage. They say they have still not received any certified letters or anything. If they decide to stay in ...

Should one file for bankruptcy while in the foreclosure process or should one wait for after the foreclosure?

My sister is thinking of filing for bankruptcy, but not sure if she should. She is only going to file beacuse of the Heloc which is $50,000. Should o...

If a foreclosure process has not begun, can the homeowner sell our appliances?

My brother in law has just filed Bankruptcy and included his house. The foreclosure process has NOT begun. Can he sell his appliances without gettin...

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Foreclosure Process Images

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Property Foreclosure Laws

 

Property Foreclosure Laws Knowledge Base

Is there a law in Missouri that forces land lords to reveal if the rental property is in foreclosure?

I have been reading a lot about instances where unscrupolous people who have homes going into foreclosure are renting the property out without tellin...

what happens to property in a house after foreclosure?

My friends property he had in the garage of the house was taken by the company doing the foreclosure. The house was foreclosed on and they took all of...

My property is in foreclosure and I'm receiving a ton of mail... I have a couple questions about they laws...

My property is currently in foreclosure and I’m receiving a ton of junk mail related to it. The problem is that allot of the postcards and envelopes...

what happens to the property in a house after a foreclosure?

My friends property he had in the garage of the house was taken by the company doing the foreclosure. The house was foreclosed on and they took all of...

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Property Foreclosure Laws Images

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Bank Foreclosures

 

Bank Foreclosures Knowledge Base

Bank foreclosures?

Does anyone know about bank owned foreclosures in nj. Someone told me banks had lists of foreclosures and I could buy a house for 200.00. Although the...

How do you find free listings for bank foreclosures?

I'm shopping for a house in St. Petersburg, Fl and, like everyone else, am trying to get the most for my small amount of money. How do I get a free li...

With bank foreclosures and banks borrowing money from gov. what is it America needs?

Someone who wants to spend billions on the world and fixing it or someone who focases on the U.S?

Can I get a list of bank foreclosures?

I am interested in investing in local real estate. Can go to my local bank and request a list of foreclosed properties? How does this work?

What is happening to our economy? Gas prices, Bank foreclosures?

Are these things connected? If there is the one problem triggering our economic mishaps, what is it? Or are we just in a stage...? I thought a wa...

Where can a 1st Homebuyer (or anyone) find a list of bank foreclosures in NY?

thanks everyone. And is the loan procedure different for foreclosures? I appreciate your responses.

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Bank Foreclosures Images

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