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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
foreclosures? I was just wondering how many people on here, or people that you know are going through mortgage troubles, or foreclosures, it's happening to us and I wanted to see how widespread this damn thing is.
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 etc on them. Also, I'm interested in the lists that banks have of foreclosures. Can someone who has experience in buying foreclosures through their state and through their bank advise me on this. I thank you in advance for your kindness.
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 found out IRS is billing them 52,000 for abandonment even though they have tried for months asking for help from the banks. Need some advise on how i can help guide my parents to the right people to settle the foreclosures.
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 foreclosures in our declining economy? I don't want to pay anything higher than expected in our current economy. Where can obtain the foreclosure listings and other info for free? Please direct me to a proper website that explains all this. Thanks.
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 rich and had a 4,500 sq foot home but now we live in a really small home because of nobody buying any houses...What is causing all these foreclosures and why isn't anybody buying homes lately? does the war and president bush have anything to do with this? and when are things going to get better? next year?
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 is to look into foreclosures. Any advice?
How many foreclosures are predicted for 2008? Just how many foreclosures are predicted for 2008 compared to 2007? With all these good people suffering from home loses, where the heck are they all moving too? There can't be that many apartments to rent?
What happen to the money for foreclosures? What has happen to money to buy foreclosures going bad? Millions of us now are facing or soon will be facing foreclosure due to these big banks. I am in the 23rd year of my 30 year mortgage and now lost my job as well as my wife and no work to be found. EI checks is not enough to live on and pay for food, clothing, utilities let alone our mortgage payment and the Employment Insurance checks is about to stop. Our savings is now gone as well as our retirement fund we had to dip into to survive this past year. Are we going to be forgotten? Where is our help?
Where can I find a list of foreclosures without paying some website? I am looking to find lists of bank owned foreclosures in California, but I do not want to pay some website $50 to do a search for me. I know B of A has a search, but there are only a couple of listings. Does anyone know how I can get a list of foreclosures in California without having to pay anything? Thanks in advance!
How can I obtain a listing of past foreclosures sales that took place? I would like to know if there is a website or service available that I can view past foreclosures sales within the last 2 years preferable the state of Texas but any info will help. I would need to know the amount that was owed at time of foreclosure and the price the home finally sold for. Any help would be very helpful...Thanks...
Where can I find home foreclosures online for free? I am wanting to look at home foreclosures in my area (arkansas) for free. I have found sites that charge you to look, I don't want to do that.
Are the companies that advertise about stopping home foreclosures really worth looking into? I have seen many ads on the web stating that they can help with foreclosures. I have a friend facing foreclosure - and may soon be myself if things don't pick up - and she is considering replying to one of these ads
What is the best way to get a list of all the foreclosures in the Chicago land area? I am looking to buy a foreclosured house but every website wants me to pay and I just don't really want to pay for something that I might not get. I want to get all the foreclosures in the west, northwest, north suburbs. Thank you!
As a real estate buyer searching foreclosures on the Internet, what tools would help you on a website? I'm a real estate agent in Sarasota, Florida setting up a new website geared towards distressed properties. What tools would you like to see on a website that would help you learn more or do more with foreclosures?
What is the advantage to using a real estate agent who specializes in foreclosures? Currently looking to buy a house and was told by several that I should pay the $300 retainer in order to get a foreclosed house--any ideas on this process? Is a retainer normal? Can't a regular agent assist in foreclosures?
What is the best way to find local foreclosures? What is the best way to find local foreclosures?...also preferred a refrence that is free if possible?
What is the latest news on help for foreclosures? The gov has been working on a solution to help avoid foreclosures but I am having a tough time finding the latest news on what the plan is. Can anyone steer me in the right direction?
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 list of bank foreclosures?
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 approved for. I want to be able to make a profit by buying it cheap as a foreclosure and then resell when and if the market goes sky rocketing in California again. Please help me find good and accurate websites with HUD foreclosures and REO properties so I may buy a house.
What does my PMI cover, and why has this not covered the losses of recent foreclosures? I thought any mortgage with less than 20% down will automatically be paying for PMI (primary mortgage insurance). Why has this not minimized the bank losses with recent foreclosures? Why am I paying it?
If the financial meltdown was caused by foreclosures, why is nothing to stem the flow of new foreclosures? Money is being thrown at banks - and since foreclosures are still happening, more money in the future will have to be thrown at banks. Why is nothing being done to help homeowners stay in their homes?
Why do people keep blaming minorities when they represent less then 10 percent of foreclosures? I am so tired of people blaming minorities for the huge economic mess... Hello 10 percent of foreclosures are minorities.. 60 percent of all foreclosures are houses that are Jumbo over 400,000, whites dominate this area of foreclosures... Dont you think its racist to blame blacks and Latinos for this mess when they only represent 10 percent of foreclosures?
Was it GOP policy or the foreclosures that caused the economic mess? I see several people on here blaming GOP policy for the past couple of years for the mess we are in. Hate to say this, but the foreclosures were the driving force behind this problem. Banks, thanks to the CRA, were forced to loan money to people who could not afford a house and they got into bad loans. Fannie and Freddie sold Govt Secured Mortgages that were worthless. So this all comes back to the problems of the mortgage loans. Love how you guys still want to blame Bush for everything.
Can a agent get commissions from Foreclosures? I am currently a NYC real estate agent, my brokerage never dealt with foreclosures before. I found a foreclosure that one of my buyer wants to participate. Am I entitled to a commission? Do I get the commission from the bank?
What are the benefits or drawbacks to expanding my home search to include FSBOs and foreclosures? How does the buying process for foreclosures or FSBOs differ from homes sold by agents?
How to find foreclosures in southern california? I'm trying to find foreclosed homes, but the trouble I'm having is every website I look at makes you sign up for a 7 day trial thing. Normally I would sign up for it then just go to a different one after the 7 days are up, however they all require you to put your credit card info in...and I'm not about to do that. So is there a website that is completely free or do I just need to find the foreclosures from a Real Estate Agent? Thank you!
I want to try some real estate investing how do I get into foreclosures? I know the market is doing really bad but I know alot of investors are making alot of money off of foreclosures.How can I have a piece of the foreclosure pie?
How do banks make money off of lending and then foreclosures? and which do they make the most from and how? please explain. btw, what is your opinion on the acts past by governments that give "aid" somehow..how has this benefited banks or people who are in trouble of foreclosures? has this always been the case? also, please explain. btw, which area of world are you and how is situation there now regarding this issue? and how do you think it will improve or not? why and how so? thanks for your answers!
Where can I look at home foreclosures? I am a first time home buyer and cannot find a house I like for the right price. I have asked my realtor how to look at foreclosures in my area and she said she didn't know how. I don't mind paying a little bit if I get to look at these foreclosed homes either online or in person, in detail, before taking any action on buying or getting an inspection. Someone said my bank would give me a list for free, but they said they couldn't.
Does anyone know how to find foreclosures without paying these websites? I'm looking for foreclosures in the Yakima, wa area. It seems the only way I can find them is to pay a web site for access to the info on them. My self I thought this was public info and I should be able to see them without paying a private company for the info. Does anyone know how I can access this info with paying for it?
Where can i get a free list of property foreclosures? Every time i try to acquire a list of foreclosures, they want money.
DO real estate appraisals compare single owner homes to foreclosures when looking at price? My house just went under contract to sell. A lot of houses that have sold in my neighborhood in the last 6 months have been foreclosures, with very low prices. Are these the comps my appraiser will be looking at, or do they have to exclude foreclosures? Most of the non-foreclosures that have sold have been priced higher than me, but are bigger. I am worried, I want out!
With all the bailout money, why is nothing being done to delay actual foreclosures ? and keep people in their homes? I mean..money has been given to banks to bail them out from their bad financial decisions....but from what I hear foreclosures are increasing at an even further rate. They say soon 8 out of 100 morgaged homes in USA might be in foreclosure by middle of next year.
Hillary Clinton supports freezing foreclosures, what effect would that have on the economy? What effect would freezing foreclosures have on the economy short and long term? is it a good idea?
Are two foreclosures just as bad for your credit 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? 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.
Foreclosures: How many people do you know? I am curious with all of the stories in the news about real estate foreclosures, how many people are actually being foreclosed on. Do you know of anyone who is suffering foreclosure? How many people? If not foreclosure, what are the other mechanisms they are using to avoid it?
how does foreclosures work and how long does it take how is the best way to prolong foreclosure? how does foreclosures work and how long does it take, how is the best way to prolong foreclosure if i fall behind on payments any tips and advice is welcome. someone told me that if i make one of of every three payments that could delay the foreclosure process for years is that true or false. also i have my home on the market will the bank let me slide on the payments until the house is sold i have a few hundred thousand dollar left over after the sale that i dont mind paying my past due payments its just right now i am unable to make them. any advice to have is great thank you the home is located in new york , i figured i would add that because im sure the laws change from state to state
If everyone in America were atheists, would it solve the problem of home foreclosures? How about if everybody in America belonged to your religion, whatever it may be? Would there be no home foreclosures then? I'm asking partly because of this recent quote from a financial web site, quoting the secretary of the U.S. Department of Housing and Urban Development, Steve Preston, as saying: "We expect to see more than 2 million foreclosures this year" (2009) If all Americans stopped believing in God -- or if we all gave our lives over to Jesus, if you prefer - could those 2 million anticipated home foreclosures be avoided? Why or why not?
Best way to find Foreclosures w/ out paying for website? I want to get a good buy on a foreclosure but I dont want to pay for some website. Anyone know the best way to find foreclosures for free in NC?
Did George Bush create a new law regarding foreclosures? I wanted to know if George Bush created a law regarding foreclosures on homes. I heard he gave a 90 day waiting period for homeowners and banks to work something out. Is this true? If so please explain.
I want to specialize in foreclosures. Who would I speak with at the banks? I am starting a junk removal company. I want to specialize in foreclosures. Who would I speak with at the banks?
What are homestead exemption rights as they pertain to Real Estate Foreclosures? What are homestead exemption rights as they pertain to Real Estate Foreclosures, and what legal body has them posted on the net for the state of California? Links would be great. Thanks in advance!
What is the best search for newly filed foreclosures and bankruptcies ..HOW? We want to search newly filed foreclosures and bankruptcies so we don't spend months working on a property only to discover we've wasted not only our time and money, but perhaps others as well. We're told there is a free public records site through State Government where we can monitor foreclosure and bankruptcy filings, but I can't seem to track it down. If you know how to do this search I would greatly appreciate a heads up on it. THANKS
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 just wondering if it was true.
Which part of the stimulus plan addresses the dramatic increase in home foreclosures? From 1990 to 2004, foreclosures were about 1/2% of all home loans, and by November 2008 they have quadrupled. Hello? Anyone out there paying attention?
Where can I search online for foreclosures in Michigan? I don't want to join any sites to see results. I thought I heard about foreclosures on Michigan.gov, but I am having difficulties finding the answers I need. Can anyone help?
How can you find a list of foreclosures in new jersey? or any other state. There seem to be so many foreclosures but how do you find out which homes are foreclosed on?
Is it true that banks have a lot of unlisted foreclosures? There is a rumor that says "banks have a lot of unlisted foreclosures". If they would list all the foreclosures, the market would crash immediately. Who do you think?
How to get a list of foreclosures in my city? I would like to buy a house, but I dont have THAT kind of money, so I wanted to look into foreclosures. How would I get a list. I dont want to get scammed. Thanks
Home inspection, are local foreclosures really an issue when refinancing? I'm trying to refinance my home I was told that I wouldn't be able to because of the foreclosures in my neighborhood. I've looked into home inspections and can't find anything that talks about a homes neighborhood. Are local foreclosures really an issue when refinancing?
Is Sarah Palin's wardrobe a necessity when foreclosures are hitting americans nationwide? During an economic crisis where americans are facing foreclosures, losing their jobs and struggling to have some sort of healthcare, does looking good for the presidential campain really matter now? Does that play a role in winning the election???
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 foreclosures in our declining economy? I don't want to pay anything higher than expected in our current economy. Where can I obtain the foreclosure listings and other info for free? Please direct me to a proper website that explains all this. Thanks.
How do I find foreclosures in Brooklyn, NY? Im on a budget and was told that foreclosures are a good way to go to find a new home.
Why weren't the foreclosures stopped in the housing market if they cause so many problems? One people started losing their homes to for closure why couldn't the foreclosures stop, have people continue the same payments until something could be figured out without so many people losing their homes and creating the state of the housing crisis?
Why is Obama having a job fair and helping people with foreclosures? He will promote green jobs as they are advertising in the states to get Al Gores goal taken care of. As far as the foreclosures go those people were given loans way out of their wage earnings and that is their fault and the banks or organizations where they got their monies. He is just giving our monies away and not thinking like a President should when the economy is bad. Obama is making America go down fast.
how can you check which states have the best real estate appreciation AND the ones with the most foreclosures? so 1) which states/cities/counties have the best real estate appreciation 2) which states/cities/counties have the most foreclosures?
How can I obtain a listing of past foreclosures sales that took place? I would like to know if there is a website or service available that I can view past foreclosures sales within the last 2 years preferable the state of Texas but any info will help. I would need to know the amount that was owed at time of foreclosure and the price the home finally sold for. Any help would be very helpful...Thanks... P.S. I have had no luck with my local county clerks office either...
I want to find home foreclosures in Australia? I would like to find out how I can locate either deceased estates or Home foreclosures.
How do banks lose on loan foreclosures? If the bank owns the property after receiving mortgage payments, how does that put them into a losing situation. How many foreclosures occurred this year? How have housing starts afected the collapse of so many banks?
How to get up to date lists on foreclosures in my area? I live in Bucks county, PA and was wondering the best way to find information on foreclosures and REO properties. I have trouble finding addresses and when they are being auctioned. All sites I have found ask for money and when i call banks i have received little info
Where can I find a legal newspaper that lists foreclosures, divorces, and probates? I know there is a legal publication that lists foreclosures, divorces, and probates in NJ. But I cant seem to find it anywhere. Please help!!!!!!!!!
How do foreclosures and defaults work? As far as I understand if a home owner misses 2 or 3 mortgage payments, his property is put on the county notice of default report. At that point the owner has 2 or 3 months to start making payments. If no payments are made, then the property is up for foreclosure and will be put on the auction. Is this correct? Do I have to pay cash on the auction?
How much do home foreclosures cost the homeowner? When the contract with a mortgage company says the homeowner will be responsible for foreclosure costs, how much do those costs usually amount to?
Anyone taking advantage of home foreclosures? I've been hearing advertisments about home foreclosures. Has anyone had a good experience from getting a new home this way?
Which part of The Constitution gives Congress to power to freeze foreclosures and roll back interest rates? I heard Hillary on the radio advocating a 90 freeze in home foreclosures (on sub-prime loans) and a 5 year freeze on interest rates (on sub-prime loans). Just where would congress get the authority to void millions of legal, private contracts, freely entered into by millions of people, under the existing laws of the 50 states and territories? For all of you who are worried about your rights, doesn't this make what President Bush has done pale in comparison?
Where can I find a list of foreclosures for free? Hey I am looking to buy a foreclosed home in Torrance, CA and was wondering where I could find a list of Foreclosures preferably for free. Does anyone have experience buying foreclosures. Are any of the websites actually worth it?
Does anyone know the statistics of foreclosures Acorn is responsible for? How many people did they help house that later foreclosed? out of all the foreclosures what percentage can be blamed on ACORN?
How do I learn about buying real estate foreclosures? All of the websites seem to be fake and want to make me join etc. I am wondering how to invest in real estate foreclosure listings for real!
What percentage of the purchase price do Foreclosures typically sell or auction for? I'm trying to figure out how much property tax income would go down in a given area, based on the amount of homes that are going into foreclosure.
I have many delinquent credit cards, and 5 foreclosures, but I own a house free and clear? Is the house I own free and clear at risk? The foreclosures sheriff sales started in June. I do intend to pay all the credit cards back, I like others hit a bad spot in real estate and it just killed everything. I'm not trying to avoid paying at all, I considered bankruptcy, but I'd rather just pay it back instead. I appreciate the answers. I read credit cards are an un-secured debt, so basically I didn't agree to put my house up when I signed for the credit card, so it's not at risk. Can anyone confirm or deny that? Maybe this question should have been posted in the legal area.
Is there a free way to find listings of home foreclosures in my area? I live in the Metro DC area (Suburban Maryland) and I want to find homes that are in foreclosure. I know there are alot of home owners with subprime loans that purchased more home than they can really afford. Many of those loans are resetting at rates these people can't afford. Is there a list of home that are about to be or are currenlt in foreclosure? Is there a free database with this info?
How do I find out how many foreclosures my bank has? I want to know if my bank is in danger of folding. Exactly how do I find out how many foreclosures my bank has?
How do I qualify to do real estate listings on foreclosures? I am in real estate and want to do know how I contact banks to be one of their foreclosure listers.
How can I look at foreclosures for free? I think that the house behind me has gone into foreclosure. I would like to purchase the property, but every site I visit requires some sort of payment. There are no legit free ones. How can I find out if it has been foreclosed on without embarrasing my neighbors by asking?
are foreclosures a scam or can you really purchase a home that way? I don't have a lot of money to make large monthly payments but I would rather own then rent. So, I was thinking of purchasing a home that is in foreclosure because the monthly payments will be affordable since the dollar amount is lower. Can something like that really be done?
How do I find house foreclosures? my husband and I are house hunting, does anyone know of any good websites or other resources to find foreclosed homes in our area?
Where can I find a list of local foreclosures for free and without the scam? I've looked at orangefuture and a few others but I'm becoming discouraged. I need to find a home and I'm tired of wasting money renting. My husband and I both have terrible credit from past relationships and are working to improve it.
Where can I find home foreclosures for free on line? I live in Ohio and am looking to purchse a home. I've been trying to find repossed of foreclosed homes on line but all the sites I find want me to pay a subscription or member fee. There has to be public records somewhere. Any suggestions would be great!
Where do they list foreclosures at in Washington State? I am planning on buying a house and fixing it up, and thought forclosures would be a good way to find a bargain. Can anyone tell me how to go about getting information on forclosures?
How can I find out about foreclosures in California? I called a few banks and they won't give out the information. And I don't want to pay these toll free numbers. There has to be a way.
How do you find real estate foreclosures to buy without buying a list from some marketing firm? Most of these marketing firms generates the same lead info at a high price? Isn't this info part of public information? Is it fairly easy to research and find with alittle effort?
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 mortgage and only have about 10K in the bank. I've heard that you have to have cash to buy auctioned homes. Are there foreclosed homes you can get a loan for? I'm just learning about this so any advice about how we can finance this would be greatly appreciated.
How can I find out which homes are foreclosures in the Cherry Hill, Marlton and south jersey area? How do you go about checking the home out and putting a bid on it. Thank you.
What is a good free website to find foreclosures? I've seen some sites out there, but they're all subscription/pay-service. I'm looking for a site that has foreclosure listings (specifically in MA), without having to pay to view them.
How do i buy foreclosures in south florida? could anybody advise me on How do i buy home foreclosures in south florida main is the broward county area . i am working wih over 100K and looking to buy in the south florida area
How much money do we really need to buy foreclosures before or at auction? We are would be first time investors in real estate and have been studying up the various stages of foreclosure and the ways to buy. We thought we had enough to buy one property for us, and another as an investment, but having learned more about this market generally, and wanting to keep away from the lower priced, lots of repairs options, we are starting to get concerned about our ability to fund this grand plan. We will be able to get a line of credit on the home we would buy as a residence though. What other options have we got when we haven't time to raise a mortgage to close a deal?
How do foreclosures affect buying a house in the future? Here's the deal. The last five years I have made my living flipping houses and owning rental property. Everything was going great until last fall. I fell off a ladder and boke my leg in 5 places . I was unable to walk or do any physical labor for 6 months. And long story short I lost everything. By the time it was all said and done I had 15 of my places get foreclosed on including my house.I'm probably going to end up filing bankruptcy because I don't have the money to pay the creditors what I owe them. I understand that can't go back out and get a mortgage tommorrow but my question is will I ever be able to buy a house again? And if so. Realistically how long before I can get a mortgage?
Is buying foreclosures a legitimate way to earn a living? I want to know if I can make enough money to quit my job and whether it is wise to enter this profession given the current housing market.
How do I get my hands on some foreclosures and short sells? I have searched online, but they all want you to pay some membership fee to look at the listings. Is there anywhere you can buy them directly and make an offer without having to go through all the middle men!
How will the drop in housing starts and increased foreclosures affect the cost of single family home rentals? Specifically, will the cost of renting a single family home, say in California, increase or decrease dramatically?
How do go about finding foreclosures in my area? Ive heard there are sites for which I can pay a fee and get the listings. Does anyone know which sites are the best ones?
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 kind of pay-for-mail book that tells you how to get the house...?
What will all of these homeowners going to face once their foreclosures are done>? What is the longterm fallout other than credit damage? Garnishments, phone calls from creditors. Can it really be so bad?
How can I invest in foreclosures without cash? There is a book about this topic. I don't understand how this could work.
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