Your Questions About Homes In Foreclosure In Texas

Maria Your Questions About Homes In Foreclosure In Texas

Maria asks…

I’m looking for foreclosure homes in Texas with a zip code to my location at 76137?

searching for discount homes to buy

Harnia Partner cropped Your Questions About Homes In Foreclosure In Texas

admin answers:

Try

governmentassetsales.forclosures.com

You have to pay but it is free for the first week. Good Luck!!

Sandy Your Questions About Homes In Foreclosure In Texas

Sandy asks…

What happens on a home foreclosure in Texas? The auction sale date is 8/4/02.?

Auction date is tues 8/4. Do I have to be out of the house that day? Does the county lock up the house? How much time will I have to move?

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admin answers:

I would move out now!! Yes they do lock up the house and they even send a cop or sheriff to make sure you do move out.

Laura Your Questions About Homes In Foreclosure In Texas

Laura asks…

can i stop foreclosure my home in Texas if i sale my home a short sale?

if so what do i do if the loan company want stop the sale if there some kind of paper that i can file with the court to stop it? First Franklin is the loan company and they don’t care

Harnia Partner cropped Your Questions About Homes In Foreclosure In Texas

admin answers:

You cannot stop a foreclosure sale if the lender does not agree to same. Attempting a short sale MIGHT benefit the lender, as well as it might benefit you. However, if the lender involved wants to move forward with foreclosure, the only thing you can do to stop it is to pay in full what you owe.

You can only ask if the lender will postpone a foreclosure if you are working toward a short sale.

Sandra Your Questions About Homes In Foreclosure In Texas

Sandra asks…

Do the big cities in Texas have a lot of foreclosure homes?

Austin
Houston
Dallas/Fort worth/Arlington
San Antonio
For under 100 K please and free listings links would be much appreciated

Harnia Partner cropped Your Questions About Homes In Foreclosure In Texas

admin answers:

A year ago when I sold a house in Austin, it was actually a rising market. They didn’t have the huge appreciation in house prices that the coasts had, so they haven’t been affected as much by the meltdown. So I wouldn’t be counting on a lot of foreclosures.

On the other hand, the house prices are not terribly outrageous, either.

Paul Your Questions About Homes In Foreclosure In Texas

Paul asks…

certified bank letter for home foreclosure?

I have a home in Texas and I received a certified letter form the bank which has been returned because we did not know it was there. How long by law do I have to get my stuff out?

Harnia Partner cropped Your Questions About Homes In Foreclosure In Texas

admin answers:

We don’t know because the contents of the letter is unknown. What point in the foreclosure process are you at?

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Your Questions About Zero Down Real Estate

Richard Your Questions About Zero Down Real Estate

Richard asks…

i need information about zero down real estate?

iam tring to check out a company i doing busniess with

Harnia Partner cropped Your Questions About Zero Down Real Estate

admin answers:

If you are just going to be buying for your own residence, I’d be vary wary unless it’s a new home and the builder is offering ‘down payment assistance.’ Right now this sort of thing is very common.

However, if this is for investment purposes only, you’ll just have to compare your company’s interest rate (APR) and points (if there are any and it’s a zero down loan there will probably be points added to the principal).

A good site for comparing is www.bankrate.com

Michael Your Questions About Zero Down Real Estate

Michael asks…

any feed back on this company zero down real estate investor?

or the web site
foreclosureland.com

Harnia Partner cropped Your Questions About Zero Down Real Estate

admin answers:

If a company is offerring you zero down on a list of foreclosed properties that they have in inventory, they are usually offerring something called “lease purchase option”. Which means you pay a non-refunable option fee to lease a property. A portion of your payment gets applied towards your down payment should you decide to buy the place. It’s an excellent program for people who have bad credit, but the drawback (and what they are hoping for) is if you ever miss a payment, you no longer will be able to purchase the property. If you ever do something like this, always record your option to protect your interest in the property.

Find out how the program works and e-mail me. I will tell you exactly what they are doing and what to watch out for. When it comes to creative real estate investing, I hold all the cards.

Regards

Mary Your Questions About Zero Down Real Estate

Mary asks…

Are cons jealous of the Ground Zero Mosque because they are too poor to afford their own Manhattan real estate?

Maybe they should work harder instead of trying to bring down the New York Muslims.

Harnia Partner cropped Your Questions About Zero Down Real Estate

admin answers:

Is that the reason Libs are jealous of the Christian church and won’t let it be REbuilt on the site it stood for 77 years?

Maria Your Questions About Zero Down Real Estate

Maria asks…

Real Estate?

I’m interested to go into real estate I’m from Canada. I would like to know if anyone had tried to buy a 0 down payment. How did you actually do the no zero down payment..Does this really exist? can anyone give me how to start? I’ve done a lot of reading, seminars and you name it i have it..I acutally lost a lot of money. trying to buy an eleven room property in Kitchener..too much to mention but if there’s anyone who could give me a better way how to go into no zero down, thanks..

Harnia Partner cropped Your Questions About Zero Down Real Estate

admin answers:

I have helped dozens and dozens of people buy a house with zero down, thus it is possible.
Banks finance buyers for 100% of the loan but of course there are closing costs involved with each loan. To avoid these we wrap them into the body of the loan by asking the seller to pay the closing costs by elevating the purchase price of the house (so that he would net the same amount if he didn’t pay the closing costs). All of this is dependent upon the appraiser valuing the house for the sale price or higher. This same scenario often works for people who can get financed for 95-97% by wrapping the the down payment with closing costs paid by the seller on the buyer’s behalf. I live in the US and this is a very common and legal practice. Just be sure to word the purchase contract correctly.
The only thing that a buyer will have to shell out is a good faith deposit. In the US, depending upon the type of loan, the buyer can get that money back at closing.
Sellers don’t care about whether or not the buyer has money to put down on the property, just as long as they get paid their money (even if it is only by the bank), they are happy.

Daniel Your Questions About Zero Down Real Estate

Daniel asks…

How long does it take to get a real estate license?

Currently, I live in California. But I may soon move to another part of the country. I know a real estate license here is no good in any other state.
So I need to know how long does it take to go from zero experience in real estate to licensed and hired?
I know the economy is down and houses aren’t really selling right now but things will turn around, they always do.
Here’s my back story: College isn’t working out, I don’t have what it takes to graduate, so I need to quit and move on with life.

Harnia Partner cropped Your Questions About Zero Down Real Estate

admin answers:

Chico -
There is no “hired” in real estate. It is your own business and you make as much or as little as you put into it. Most people who go into the business do not succeed. You will need to have a nest egg to get started with, plus enough money to live on for a year or two while your business gets off the ground. If your college career is not going well because you are unmotivated, you may want to reconsider going into real estate. It can be a great business, but is very emotionally taxing and full of rejection.

As far as how long it takes to get your license, most schools will offer an accelerated program where you can do the pre-licensing in about 2 weeks. The test is given by the state, usually at least monthly. Good Luck!

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