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All Forum Posts by: N/A N/A

N/A N/A has started 4 posts and replied 4 times.

Post: California question

N/A N/APosted
  • Posts 5
  • Votes 0

Does anybody know the amount of time a person who loses their house has to get it back... after auction has happened and house was sold to someone else? This is for a property in California:)

Thanks for any info!

Post: Any agents know foreclosure facts??

N/A N/APosted
  • Posts 5
  • Votes 0

Hi all agents in this forum section. I was wondering if there are any agents here who are familiar with foreclosures that could possibly help with some of the questions that are in the foreclosure section on this website. Any and all info you can offer to the questions that haven't had a response would be greatly appreciated.

THANK YOU ALL:)

Post: Closing costs

N/A N/APosted
  • Posts 5
  • Votes 0

Are there closing costs if you win an auction property? what costs might one face after the auction? Thanks for any and all help:)

Post: Foreclosure auctions

N/A N/APosted
  • Posts 5
  • Votes 0

Hi all. First off, thanks in advance for any info you can offer.
I am located in California and just learning about foreclosures. Here's an example property I need help understanding.

Condo for sale: auction price starting at 3,000 for 3 yrs of unpaid hoa fees. Mortgage of 180,000 on the place is up to date. No liens etc.

If I bid and win this auction, say I got it for 10,000. What happens with the mortgage attached to this place? Do I assume that? Must I qualify for that with a lender before I go to the auction in case I win it? What if I don't qualify...do I lose my bid money and the property? Must I come up with 180,000 cash after auctions end?

sooo confused??

Thanks again for any help.

-younginvestor-