Your Questions About Real Estate Short Sales In California
Ken asks… I make an offer on a piece of Real Estate and the seller backed out can I sue? I bought the property for $40,900 and the seller bought her property a year and a half before that for $45,750. I think the market value is around $50,000. She signed the contract for $40,900 [...]
Your Questions About Short Sale Real Estate
Robert asks… whats a short sale in real estate slang? I’m looking into buying a condo, and several I am interested in say they’re “short sales”. What does that mean? Larry answers: Selling short applies to anything, not only to real estate. All it means is to sell to the best offer, much like an [...]
Your Questions About Free Foreclosure List
Robert asks… Does anyone one know of any free foreclosure listing? Does anyone know of any good free foreclosure listing in the LA area? Larry answers: If you are looking for national foreclosures listings website, check out this site http://foreclosure-listings-national.com/ Here you can get access to all foreclosures in usa. Linda asks… Who has found [...]
Your Questions About Brevard Nc
Michael asks… any info.re; living relatives of Thomas G./Sarah Lyda Kinsey.from Brevard/Cashiers NC area .? my father Elzie was the youngest of their children.i am the oldest of 3 girls.have lost contact .last time i was in NC was 1958.this was a large family.Please help. Larry answers: Rootsweb.com is a free question and answer forum. [...]
Your Questions About Fha Foreclosure Help
Steven asks… My elderly mother is underwater with her mortgage. How can she legally get relief? We entered into a contract with a realtor to try to do a short sale on the property. We received an offer and applied for a pre-foreclosure sale (FHA loan) and she was financially approved contigent on them netting [...]
Your Questions About Loan Modification Program
John asks… Is anyone shocked that the Obama home loan modification program is failing? http://www.nytimes.com/2010/04/15/business/15mortgages.html The Treasury Department said it could not explain the growing number of what it called cancellations, almost all of which were apparently prompted by the borrower’s being unable to make the new payment. Larry answers: Did ANYONE expect it to [...]
Your Questions About Best Refinance Home Mortgage Loan Rate
Laura asks… What should I do to get the best loan? I currently have an awful mortgage. I took out a 100% loan 6 months ago and want to refinance. My loan was for $211k and the home value is currently $220k. My current rate is 7.875% and payment is $1705 with a 30-yr fixed [...]
Your Questions About Avoid Foreclosure
Susan asks… Refinance possible if no equity to avoid foreclosure? Our house in CA was bought for $406,000, now only worth 220,000 due to mortgage mess- we have adjustable rates that will go into affect in 3 years (mortage payment will increase by $1500.00 more a month then) I would like to refi to a [...]
Your Questions About Bank Short Sales
Chris asks… Who pays the closing cost during a short sale, the bank or the seller? We are doing a short sale on our home. We recently had our first offer where they want us to pay $4800 in closing cost. Do we pay that out of our pocket or does the bank pay for [...]
Your Questions About Brevard County Jail
Nancy asks… Please read and answer if you can..? How long would someone stay in jail if they were being charged with domestic violence and being charged with failure to appear at community control (there was a warrant for his arrest) and he had that because of domestic violence so the 2nd domestic violence charges [...]