Beverly Garland asked:

He’s asking me to help him investigate some things, he is in under serious stress and financial distress, I called someone for him and this guy told me on the phone that if he speaks to the lender just before the home gets auctioned off, and lets them know he is really trying to move but doesn’t have any money to do so or family, he said the lenders give around 2,700 to $ 3,500 dls is this true?

Allie

Jazilliania B asked:

I can’t see anywhere whether they allow people to inspect the property before placing a bid. I would guess they would, but this whole thing seems so different than normal real estate.

Valery

Jennifer L asked:

We are looking for a great deal on a home and we want to look in the best possible places for homes

A girl… asked:

I am the middle child of a 3 siblings and possibly am the most concerned about us losing our home (sounds a bit overwhelming doesn’t it?). After my parents divorced, we lost a lot of money towards the mortgage payments and the recession didn’t help much either. My parents were both uneducated and work was hard to come by so we were lucky if we made $800 a month at the most. We lost the house but were living in it rent free for about 1 1/2 years until they could find someone to buy it. We searched for houses in the area (but unfortunately, they were all too expensive) and moving to another town was out of the option because my mom wanted to keep us in the schools we were in. I read on a couple of websites of options we could take to save our home (keep in mind that it is already foreclosed, but we haven’t been evicted until it’s bought). I read about Chapter 7, Chapter 13, filing for bankruptcy and a whole bunch of other steps we could take but I’m not sure which one we should do.

Could someone provide information on each one of the above listed (and any others you think might help save our home). And which one sounds like it could help our family in this situation the most?

THANKS SO MUCH FOR THE INFO AND THE HELP! I REALLY APPRECIATE IT!
sorry if this is in the wrong category (which it probably is). And there were a couple mistakes in the above but i was in a rush to type it.

Again, thanks to anyone who will answer

THYCK-A-LICIOUS asked:

Okay here’s my situation I am currently separated. When I left my home we had a buyer for the house and were set to go to settlement in 2 weeks. I moved into an apartment. The deal fell through. I found another buyer and that deal is falling through as well. My options are to go back to the house, giving up my apartment, or to let the house go to foreclosure. If I let the house go to foreclosure and subsequently file bankruptcy, how long will I have to wait typically to buy a house?

Justin

voycinwilderness asked:

Is it harder to get financing? Are there specific type of financial institutions that specialize in financing the purchase of foreclosure homes?

Emerita

Adam asked:

I just bought a foreclosure and it has the upgrade of built in surround sound speakers. It’s a KB home, only 2 years old. The owner obviously left no manuals behind. How can I get a manual on how to hook up my surround sound to the jacks in the wall? I contacted KB but not having any luck getting anyone helpful.
Thanks,

Anissa

brj45_2000 asked:

Home in foreclosure, property tax quadrupled without advance warning, considering Chapter 13.

Donnie

love the journey asked:


If you fail to make your mortgage payments, can the bank garnish your wages for the payments?Or do they just take repossession of the home and auction it off themselves?And if they just auction it and can’t sell it for enough to cover the remaining mortgage amount, can they come back and sue you for that, even if you no longer have access to the home?I’m asking because I need to know…if a person decided to deliberately stop making payments on their home mortgage because the home will not sell on the market quick enough and they have to move out of state, what are the repurcussions?(Besides bad credit)The goal is to just get rid of the house, regardless of the loss in profit from the sale of it, and regardless of how it will effect the homeowner’s credit.Please provide any information pertaining to this.

Sharika

Phil Conners asked:


What is the process for home foreclosure?

Scott