Posts Tagged ‘It’

How Long Does It Take To Close On A Foreclosure Home Owned By Hud? 60 Days?

Saturday, June 27th, 2009

Our offer was accepted on a HUD home May 7th. We are STILL waiting on a closing date almost 2 months later. They have had all of our info for weeks now, just waiting on the government, per our realtor. What is the deal??? Why is it taking so long? I know it’s the gov’t, but GEEZ! Anybody else going/have gone through this same thing?

Foreclosure Home Is It Worth To Buy?

Tuesday, June 23rd, 2009

How many % does Foreclosure Home save over non foreclosure home? Is it worth the save? Do i need to put more money down in foreclosure, do i need real estate agent?

How Long Does It Takes For The Bank To Foreclosure A Home?

Friday, June 19th, 2009

I dont know if im asking correctly, my niece is moving to my sister’s home which she was unable to continue paying for ( she bought the house 3 years ago). My sister already move away to another state and left the house for foreclosure or for the bank to take since she can no longer pay and told my niece that she could move in until the bank takes it away. But our question is how long until the bank takes over the house physically? since she haven’t pay for 3 months? Thanks for your answers.

What Does It Mean When A Home Is A Pre-foreclosure Home?

Friday, June 19th, 2009

So let’s say there’s 29,750 remaining on the mortgage (for a 3 bed 2.5 bath @ 545/mth). It states to talke over the existing mortgage payments. No money down. Is this too good to be true. Only pay $454 a month on a home like this until it’s paid off? Please help with explaining how to take over a foreclosure home. Thanks.

Is It A Good Idea To Buy A Foreclosure Home, In Southern California?

Sunday, June 14th, 2009

First of all, is it a good idea to buy foreclosure homes. And secondly, is it a good idea to buy a foreclosure homes in southern california? I know the house in So cal are off the chains expansive but foreclosure pricing is good but i heard it’s a bad idea to to buy a foreclosure homes.