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  1. The question is a little confusing... if the bank...

    The question is a little confusing... if the bank owns the property they will be filing a notice of ejectment.

    It was stated that the broker will not accept anymore payments since it was now owned...
  2. Yes you are right Florida is one of the top...

    Yes you are right Florida is one of the top states in foreclosure so the market has really decreased in values.

    Right now the banks really don't want the homes back so I would ask them if they...
  3. If you don't want to go forward with the lease...

    If you don't want to go forward with the lease option - the only thing you will lose is your down payment?

    We work with other organizations that offer the same service... the owner is helping you...
  4. If the property is going into foreclosure the...

    If the property is going into foreclosure the owner still owns the house.

    However, since the owner defaulted on the loan I would save your money to find other accommodations.

    The broker do they...
  5. Answers
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    479

    We work with organizations that do short sales......

    We work with organizations that do short sales... if the owner/landlord is current on their payments I would strongly suggest to pay your rent.

    However, if the home is in foreclosure & the...
  6. Answers
    3
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    707

    Why don't you work with the banks to do a loan...

    Why don't you work with the banks to do a loan mod? They are now offering interest only loans for 3-5 years at low interest rates.

    If you don't want the house, you could always sell it & I am...
  7. Whatever you do don't walk away... before you...

    Whatever you do don't walk away... before you give the properties back on a deed-in-lieu do a short sale!

    Actually someone I know had this done where the banks called the loans on a couple of...
  8. If the property went to Sheriff Sale all liens...

    If the property went to Sheriff Sale all liens will be cleared unless there is clout in the title and that is why the property is sitting vacant.

    All you have to do is do a title search to see who...
  9. Answers
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    2,488

    Did you get your hardship letter finished? ...

    Did you get your hardship letter finished? Sounds like you want to do a loan mod.

    If your 1st lien is upside down and you have a different 2nd lien... pay the 1st! Especially if there is no...
  10. Answers
    2
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    640

    Not sure if you are still in the house, but if...

    Not sure if you are still in the house, but if the mortgage is in default and the landlord was taking your money... I would stay!

    Is the home listed for sale? Does the owner have a buyer for the...
  11. Answers
    5
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    473

    In order for a bank to foreclose they hire...

    In order for a bank to foreclose they hire attorneys to process the notice of default. Then the home must be advertised in the local newspaper before the Sheriff Sale.

    When a home is left vacant...
  12. Answers
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    739

    Did the property go to Sheriff Sale yet?

    Did the property go to Sheriff Sale yet?
  13. Was the short sale approved yet for the $175k...

    Was the short sale approved yet for the $175k offer?

    We work with organizations that process short sales and the time frame takes 90+ days for an approval... some banks take longer!
  14. Answers
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    4,588

    Hello... if you have a property settlement...

    Hello... if you have a property settlement agreement, when she took out the loan that switched positions where you was in 1st, but now 2nd position.

    If the property goes to Sheriff Sale you would...
  15. Did you find the owner yet or is he still MIA? ...

    Did you find the owner yet or is he still MIA?

    If so, he is the only one that can stop the foreclosure on the home since he is the only authorized person to speak on the loan.

    We are experts in...
  16. Answers
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    545

    When is the Sheriff Sale? Have you considered...

    When is the Sheriff Sale?

    Have you considered selling your home?

    That would be the only way that you could buy 6-9 months!
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