Foreclosures Help Information

Posts Tagged ‘time’

Buying Foreclosed Property From Bank

Question: Once your house is foreclosed on and you have had liens against your house do they follow you?

We got sued a couple of years ago when a kid got injured on our property. He won a settlement of $75,000. They put a lien on our house. Our house was foreclosed and sold at auction and we were evicted on Sunday. We got a note from the bank saying thank you for paying off your house. If we go to buy a new house someday does the $75,000 lien come with us or was it settled when a flipper bought our house?

Answer: Was the house sold for more then you owed? If it did then what ever was left over then it would have gone to payoff that lien. If not then the lien will follow you until it is paid off. If the house was sold for less then the amount owed you will be responsible for the difference of that also. Good Luck.

The Real Estate Newbie Investing Show - Buying Foreclosures ( Bank Owned Properties )

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Buy Foreclosure Tax Credit

Question: I don't have the best credit, but can I still rent to own property, or buy a foreclosure?

Despite my bad credit, if an owner agrees I can rent to own his condo, is it possible? Or does it depend on a bank just like with any property purchase?

How does a rent to own situation work? Would I pay the property insurance, taxes, association fees, ect on the condo? Or does the owner pay these things until it's paid off?

Also, can the owner change his mind at anytime before I've paid off the balance, which would mean I've utlimately just been paying rent?

Now...if the above doesn't work for me due to bad credit. What would be the answer to the above questions if I chose to buy property that was in foreclosure?

I AM SICK AND TIRED OF RENTING AND NEED MY OWN!!!

Thanks

>

Answer: I found a solution that worked for me. It might work for you too.

I had some pretty serious credit problems…some were not my fault and, I guess, a few were. I listened to the so-called “experts” who said they could fix my credit report and I spent money I didn’t have. I didn’t have any luck trying to get my credit report fixed.

I remember paying for the services that these Credit Repair Companies had to offer. The companies told me that they could have negative items removed from my credit reports without any problem, Yeah, right. This did not happen at all. Most of the companies wanted to charge me a set up fee anywhere from $39 to $299 for their services. Not only did they charge this set up fee, most of them also wanted to charge me from $29 to $49 monthly while they “attempted” to repair my credit report. These companies offered no guarantee that their services would actually work and, believe me, they didn’t.

I was about ready to give up when I found a lady who had been through the same thing and who had found a solution. She figured out how get all the negative items removed from her credit report within 3 months without paying anyone a penny. She developed a fast, easy, step-by-step process that she guarantees will work for everyone. She sells the complete plan with all the help and instructions for $47.00.

I know what you are thinking…”another $47 down the drain,” and that’s kind of what I was thinking too. But, I figured that since she offers a 100% money back guarantee I had nothing to lose.

Well, I tried it and it was amazing. I got all of the negative items removed from my credit report and my credit score went from 553 to 715 in only 3 months. All I can say is that it worked great for me. I suggest you check it out. You can always get your money back if it doesn’t work for you. If it works even half as well for you as it did for me you will never even think about asking for a refund.

The information is on this site: http://clean-credit-secrets.com/

First Time Home Buyer Program, $8000 Tax Credit, Buy Foreclosures Cheap with FHA Mortgage

Buy Foreclosure Florida

Question: foreclosure and short sale?

Hi, I need information on foreclosure ans short sale. I want to buy a home in Florida and it is listed as short sale, but I am not sure of what this is and what advantages or disadvantages it has for a buyer (me). I would appreciate very much some enlightenment.

>

Answer: A foreclosed property has already gone through the paperwork and is ready to be sold directly from the lender (seller). It is just like buying a property from a homeowner.

A short sale is essentially the sale of property that is being sold "short" of the balance owed by the original owner. The buying process of a short sale takes months to complete because there are many more parties involved.

You still have the advantage of buying below market value with both, but a short sale will take much longer to close.

SW 29th Cape Coral Florida Buy Foreclosures www MaxxEquity com Cheap House 239 939 SOLD