Posts Tagged ‘foreclosed’
Search Foreclosed Homes For Sale
April 14th, 2010
Search Foreclosed Homes For Sale
Question: Will i lose all my homes and jobs ect to foreclosure of just one home?
I moved to a new town from chicago 7 months back. we bought a new home here. We kept our condo in Chicago for sale since april. we changed two realotors, went 20K below the average price, did everything we can. but it just doesnt sells. Now all my savings are exhausted and i cant pay two mortgages (new home and old home). I was thinking of foreclosing the old home as i cant pay the mortgage anymore and iam not even living there.
In my salary, i can pay my new home mortage, all my credit card bills,etc. My question is that if i foreclose the chicago condo. Will i lose my new home, job or my other credit cards , etc also?
.
On doing google search i found out tat one can foreclose by simply not paying the mortage and the rest is taken care by the company. but i really dont wanna do that. Do you think its possible tat i just call my lender and say them abt my inability to pay the loan. Is this a good option? or are lenders very mean and unhelpfull in this.
Answer: I recommend that you hire an attorney who specializes in real estate law before you talk to the lender.
Follow the advice of your attorney.
Some of the other responders have given you advice that I suspect may not be in your best interest.
Your attorney will be able to give you a much better answer and it will not cost all that much compared with what you have to lose if you do not talk to an attorney.
.
How To Find Foreclosure Deals - Tips for Using eBay
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Posted in Foreclosed Homes | 
Tags: Article Search, by, foreclosed, Foreclosed Homes, free search foreclosed homes for sale, homes, Homes For Sale, Homes Sale, Houses, in | 
No Comments »
Foreclosed Rentals
April 10th, 2010
Foreclosed Rentals
Question: What are the foreclosed homes doing to the rental market in CA?
Answer: Not sure about CA, but where I live (another depressed area) the rental market is booming. I mean price your place right and the phone rings off the hook. All those people that are losing their jobs have to live somewhere, I guess.
LAS VEGAS REAL ESTATE UPDATE-TENANTS BEING FORECLOSED UPON
Posted in Foreclosed Homes |
Tags: foreclosed, Foreclosure, foreclosure rentals, foreclosure rentals los angeles, home, mortgage, rentals |
No Comments »
Free Listing Foreclosed Homes For Sale
April 8th, 2010
Free Listing Foreclosed Homes For Sale
Question: Houses in foreclosure or repossessed -- is there a free web site that lists them? Or how do you find them?
I want to find foreclosed or repossessed homes for sale.
Answer: This is asked in Y A everyday, and the short answer is that free sites don't exist. And the ones you pay for are not renowned for their accuracy.
Here is a free foreclosure listing for you
Posted in Foreclosed Homes |
Tags: Backup Free, find, foreclosed, Foreclosed Homes, Free Homes, Free Listing, free listing foreclosed homes for sale in arizona, free listing foreclosed homes for sale in charlotte nc, free listing foreclosed homes for sale in florida, free listing foreclosed homes for sale in michigan, home, homes, Homes For Sale, Homes Sale, listing |
No Comments »
 |
 |
 |
||
 |
 |
|
 |
||