Foreclosures Help Information

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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.

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.
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How To Find Foreclosure Deals – Tips for Using eBay

Foreclosed Houses In Maryland

Question: My house was foreclosed on. Has deed been transferred if I have not personally signed it over yet?

My house was foreclosed on in June of 07. 5 days ago I received a final eviction notice from the sherriff. Where do I call to find out if the house has actually been sold at autcion & deed has been transferred as I have not personally signed it over yet. I know that if you don ‘t sign it over they can go to court and get the deed that way. I live in Maryland.
First of all, thank you to the people who have answered my question. I need add a detail. I spoke with a realtor and she also told me if I did not sign the transfer of deed, the courts could still get it without my signature, this I know. However, she also stated that they HAVE to have the deed in order to put me out, that until they do, I technically still own the house. I’m trying to find out who to call to obtain this information. Does anyone know how I can find a number or if I can get this info online?

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Answer: If you have a mortgage what you have is a Warranty Deed, not the same as having a Deed. Your signature is not required. You no longer had any legal rights to the property when the clerk's representative said "sold" at the auction. Sold does not have to mean that another person purchased the property, it reverts back to the lender if the highest bid was not enough to cover the default amount plus costs of foreclosure.

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Question: how do I find out information about an abandoned house in Pasco County, Florida?

We want to buy a house that has been abandoned but can’t find out who owns it. We have found the original owner’s info online but there is no contact info, or which bank owns it if it has gone into foreclosure. We are wondering if the bank that owns it has gone out of business, what would happen to the house then? Can’t find Yahoo Answers in America!
the property taxes haven’t been paid for the past year and a half

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Answer: The tax assessor will know who owns it. You are on your own to contact them, they have no obligation to tell you how to reach them. You can obtain bank information, but unless the bank owns it they can't legally tell you anything either.

It does not sound like this is abandoned, only vacant. Abandoned property ends up belonging to the state, which sells it.

How To Buy Foreclosures In Fort Lauderdale | South Florida

North Carolina Foreclosed Homes For Sale

Charlotte North Carolina, Real Estate In, Charlotte Homes for Sale, In Charlotte NC Real Estate

Tennessee Foreclosed Homes

Question: Where can I find foreclosed homes online without credit card numbers being involved?

I am looking for a home in Anderson County Tennessee. I figured I would look at foreclosures, but I can’t find a website that shows the addresses and pictures of any of them. Unless you put a credit card number. I am not going to put my card number. Anyone know a website that is free, not a trial period?

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Answer: You might look in your local newspaper and find a listing that say "Foreclosed Homes" Call this agent to see if they will send you a list of their foreclosed homes.

Some will but most would want to see if they can get enough information from you to get you pre-approved prior to sending you a list if they would send it at all.

Most real estate agents think that if they supply you with a list of REO homes, you might not come back to them if you decide to purchase a REO home off a list they provided to you.

There are very few free web sites that will list REO homes for sale.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"

Morristown Tennessee Real Estate