House Rent

Expat Singapore - Houses In Singapore For Rent Search this site Searching for aroad or building? Basics Before Coming Culture Shock Expat Tips General Info Once You're Here Setting Up Singapore Dining Singapore Life Travel Resources Careers Expat Friends Links & Resources Message Board Schools & Childcare Products & Services All Car Rental Financial Services Legal Services Furniture & Decoration Fine Wines Housing International Movers Serviced Apartments Travel Professional Maid Services ExpatSingapore About Us Advertise With Us Archived Articles E-letters Email Us Events Photos Register Search our Site Bookmark Us: Hold down Control and press D Home Register Message Board Resources About us Houses In Singapore For Rent Click here to see Apartments for rent Click here to see Rooms for rent Relocation Services Click Here EXPAT HOUSING - Your Real Estate Contact If you are interested in advertising on our site, please Email us for rates and details. For a more up-to-date listing on houses available for rent, please go to the Message Board Setting Up home in Singapore? We can help you. As we are associated with the Expat Singapore website, we will ensure your interests are looked after, and that your housing needs are best met. Tell us when you are arriving, when you'd like to view or rent the property, your budget as well as what you'd like - house versus apartment, number of rooms, facilities, preferred location, etc - and leave the rest to us. Our associates, prequalified real estate agents, will be in touch with you directly once initial contact has been made. For monthly rentals above S$2500.00 on a two year lease or above S$5000 on a one year lease, there is no charge for services. Otherwise the agency fee payable by the tenant to the real estate agent is 2 weeks' rent. Special note : Several of our realtors have given us feedback that expats seeking housing go to different agents at the same time. We do not encourage this as this not only causes confusion but often upsets all parties concerned - the agents, landlords, and ultimately the tenants themselves. You may choose not to use any of our recommended agents, but if you do, kindly cooperate and be considerate to these service professionals. Thank you. For any queries and/or assistance with viewing of any of the properties, including many more not listed here, please contact us Telephone : 65 - 6226 6062 If you are interested in advertising on our site, please Email us for rates and details. ***** Holland Road houses for rent Nice and quiet neighbourhood. Off Holland Road and very close to Holland Village. 1. 2-storey semi-detached. Newly renovated. Land size 4,800 sqft; built-in 2,800 sqft. 4+1 bedrooms. Asking S$5,000. Immediate. 2. Single storey bungalow. Charming. A little old-world style. Huge garden. Land size about 8,600 sqft; built-in 2,500 sqft. 4+1. Asking S$8,000. Immediate. 3. Off Grange Road. Very convenient to Orchard Road. Modern 3-storey semi-detached. Land size 2,200 sqft; built-up 3,000 sqft. 4+1+1. Asking S$7,000.00. Immediate. Enquiries and viewing appointments : please call (+65) - 6226 6062 or Email us Bungalows near American school 3 Unit Bungalows with Swimming Pools For Rent in the American School vicinity - yes, walk to and from school! 1. 2 units Classic-Styled Bungalow dwellings. 2. 1 unit Modern design, brand new Bungalow. Location : Right by the American School. Description. a) Approximately 8,000 sqft plot; 8000 sqft built-up for the 2 units Classic designed bungalows, with in-ground swimming pool. b) Modern brand new unit is about 11,500 sqft plot, 5,700 sqft built-up, with in-ground pool. All houses well fitted out, fully air-conditioned, cabled. 3. Price : a) Classic designs : S$13,000 per month; b) Modern design : S$16,500 per month. 4. Availability : Immediately. Please Email us or call (+65) 6226 6062. House near American / Canadian school Location : Upper Bukit Timah, in quiet residential neighbourhood. Conveniently located near shopping mall, banks, food places and French School. Description : Plot Size 7000 sqft; Built-up 4400 sqft. 4+1 rooms, with huge garden (front and back). Newly and completely renovated, like new. Asking : S$6,000.00 pm, partially furnished. Availability : Immediately. Contact: Email us or call 65-6226 6062. East Coast semi-detached house Location : Siglap, East Coast. Very convenient to city centre. Close to amenities and beach. Description : Beautiful 2-storey semi-detached house with garden. 3+1 rooms, Plot size : 2800 sqft; Built-Up space : 4,000 sqft. (Lots of space!) Asking : S$5,000.00 pm negotiable. Availability : Immediately. Contact: Email us or call 65-6226 6062. Huge East Coast townhouse for rent Location : Brand new townhouse in East Coast, right by the Tanah Merah MRT (4 minutes from condo entrance!). Description : 4 levels, 4 bedroooms, 2800 sqft of space! 2 covered basement car-park lots. Partially furnished but property comes with many electrical appliances eg overhead projector with home entertainment system, huge television set. Asking : S$3,500.00 pm negotiable. Availability : Immediately. Contact: Email us or call 65-6226 6062. Conservation shophouse: home and office One of only 5,000 units in all of Singapore. Full of History; built during Singapore's early founding days. Houses for rent: conservation shophouse, Balinese-style terrace house 1. Emerald Hill 3-storey, fully restored shophouse with roof terrace and car porch. 4 + 1. Very rarely available. Built-in: 5,000 sqft Rent: Asking S$16,000 2. Makepeace Road Beautifully landscaped, Balinese design, corner terrace house. 3 + 1 + 1 with gazebo. Charming. Land: 3,300 sqft Built-in: 3,400 sqft Rent: Asking S$9,000 These properties are available immediately. Please email Email us or phone 62266062 for further information. ***** More houses for rent 1. Bukit Timah Nature Reserve a) 3-storey semi-detached house. 4 + 1, pool. Brand new. Land: 2,220 sqft Built-in: 3,000 sqft Rent: Asking S$10,000 b) 3-storey detached bungalow. 5 + 1, pool. Brand new. Land: 4,400 sqft Built-in: 5,150 sqft Rent: Asking S$15,000 2. Kheam Hock Road, off Bukit Timah 2.5-storey bungalow, 6 + 1, pool. Rent: Asking S$15,000 3. Thomson Road a) Huge bungalow, Windsor Park. 5 + 1, pool. Land: 25,000 sqft Built-in: 7,000 sqft Rent: Asking S$28,000 b) Semi-detached, Springleaf Garden. 4 + 1. Land: 3,600 sqft Built-in: 2,800 sqft Rent: Asking S$4,500 These properties are available immediately. Please email Email us or phone 62266062 for further information. ***** Bungalows, semi-detached and terrace houses for rent 1. Gallop Road - bungalow Land: 15,000 sqft Built-in: 5,000 sqft 4 + 3, pool, beautiful garden. Rent: Asking S$15,000 2. Leedon Park - bungalow Land: 20,000 sqft Built-in: 11,000 sqft 6 + 2, pool, huge mature garden. Rent: Asking S$30,000 3. Andrew Road - bungalows (2 units) Land: 17,000 / 13,000 sqft Built-in: 5,000 sqft Both houses come with outhouse, patio and garden. Rent: Asking S$15,000 / S$11,000 4. American School vicinity, walk to school! a) Bungalows for rent with pool, 5 + 1. Land: 11,000 sqft Built-in: 5,000 sqft Rent: Asking S$13,000 b) Terrace houses for rent, 4 + 1. Land: 2,000 - 3,200 sqft Built-in: 3,000 - 3,700 sqft Rent: Asking S$5,500 - S$7,000 5. Sunset Drive (off Holland Village / Bukit Timah) Land: 6,750 sqft Built-in: 5,600 sqft 4 + 1, with pool. Rent: Asking S$11,000 6. Bukit Timah (2 units) a) Semi-detached house, brand new. 4 +1. Land: 4,400 sqft Built-in: 3,500 sqft Rent: Asking S$7,500 b) Bungalow, 4 + 3. Land: 10,000 sqft Built-in: 5,500 sqft Rent: Asking S$11,000 These properties are available immediately. Please email Email us or phone 62266062 for further information. ***** West Coast bungalow for rent Description: 11,500 sqft bungalow on hilltop. 4 + 1 bedrooms plus 3 bathrooms, swimming pool (regularly maintained) and patio. Fully furnished. Location: Pasir Panjang, West Coast Availability: Immediate Rent: Asking S$5,500 Contact: 62266062 or Email us ***** Bungalow House for Rent Almost new, beautiful 3-storey bungalow house, 6+1 rooms with built-in wardrobes, 4 bathrooms, high ceiling living hall (7m), 2 jacuzzi bathtubs. Big masterbedroom. Approx. 5000 sq.ft with aboveground pool. Located in bungalow zone, 50m away from quiet playground, walking distance to East Coast Park, 400m from Kembangan MRT. Price : Asking $11K, partially furnished. Available now. Contact : email us or 62266 062 ***** House for rent at Woodgrove View, Century Woods, next to American school Location: Woodgrove View, Century Woods. 1 minute walk to American school. Large American Community. MRT station and Supermarket within walking distance. Price: S$5,500 Size: 3,200 sq ft built-in, small garden in the front yard. 5 airy bedrooms plus family room with high ceiling. Features: 3 Storey Corner Terrace House. Brand new, fully aircon and partially furnished. Quality finish. Availability: Immediate. Contact: Email us or at (+65) 6226 6062. ***** The Best of Century Woods Phase 2 Location : Woodgrove Walk (adjacent to Singapore American School). Just 1 minute walk to American School. Large and friendly American community. Price : S$7,500 per month. Size: 5 bedrooms plus 1 maid's room plus extra family room. Built in spacious 3,400 sq ft. Features: Brand new 3-storey corner terrace. High ceiling with unique alcove design (not standard feature to all units). Fully air-conditioned. Beautiful garden. Autogate. Morning sun. Partially furnished. Availability: Immediate Contact: Tel: 6226 6062 or email: email us ***** House for rent at Woodgrove View at Century Woods Location: Woodgrove View, Century Woods. Next to American School in Woodlands. Large American Community. Price : S$7.000 Size: Cosy 5 bedrooms plus family room and courtyard. Built in 3,200 sq ft. Features: Intermediate 3 Storey Terrace House. Brand new, fully aircon and partially furnished. Availability : Immediate. Contact: 6226 6062 or email Email us ***** House for rent: a life of luxury awaits you Location : Brandt New 4 Storey Cluster House with full condo facilities and 24 hours security, located 5 mins away from Tanah Merah MRT station, 10 mins to Bugis Junction & City Hall where the Central Business District offers the most cosmopolitan lifestyle. Ideal for nature lovers as is only 5 min drive to East Coast Beach where the famous "Lagoon Seafood Centre" is located. Description : Fully Furnished with five designer bedrooms with full panel of wardrobes, IDD line, SCV, night table with lamps. Master bedroom & living facing swimming pool & greenery. One large living/dinning area & one basement family hall. 2 patios, and 1 large veranda, 1 utility room, 1 store room & washer. See Photos Size : 3,000 sq ft. Price : S$ 4,000.00 per month Available : Immediate Contact : 6226 6062 or email at Email us ***** The following houses were advertised here and rented. They have been placed here so readers know what kind of accommodation Singapore offers. ***** House for rent at Holland Grove Location : Holland Grove vicinity single storey semi-detached, 10 minute walk to Henry Park Primary School and Jelita Cold Storage. Quiet residential area Price : S$5,000 per month. Size: Land 4,069 sq. ft. Built in approx. 2,300 sq ft. Features: Car porch, large living and dining, study, kitchen, 3 bedrooms. Fully air-conditioned. Autogate. Mature garden. Partially furnished. See Photos Availability: Taken Contact: 6226 6062 or Email us ***** House for rent off Grange Road Location : Jalan Kelawar (off One Tree Hill), 3 min from Orchard Road. Description : 3 bedroom, 2 story house, front garden with 2 fish ponds, outhouse, BBQ. Price : S$6800 per month negociable. Availability : Taken Contact : 6226 6062 or email at Email us ***** Semi-Detached House at Siglap Description : Modern and well constructed house in the East Coast for rent. Clean lines, functionally laid out, bright and spacious. There are 5 + 1 + 1 rooms. Fully equipped kitchen with all the appliances to make it your home. Location : Off Siglap Road. 10 minutes by car to CBD Price : S$5,500.00 per month Size : Approx 3,600 sq ft land ; 4,200 sq ft built-in. Availability : Taken ***** House For Rent at Garlick Avenue Location : Bukit Timah vicinity, double storey bungalow house with swimming pool in one of Singapore's finest residential areas. Quiet neighbourhood. 10 mins drive to Orchard Road. Land area : 10,475 sq ft Built-in : 3,853 sq ft Rooms: 4 rooms with attached bathroom Features : High celing, fully air-conditioned. Well kept garden. Partially furnished. See Photos Price : $ 8,000 per month, negotiable. Availability : Taken ***** House for rent at East Coast Location : East Coast vicinity, 3 storey S/Detached, 5 mins to airport, 15 mins to city centre, Quiet neighbourhood. Price : S$5500 per month, negotiable depending what is needed. Size : Built-in 3111 ft2. Features : Large living & dining, Very large master bedroom + 4 bedrooms + 1 maid's room, 6 toilets, Fully air-con, Full kitchen, Car porch, Autogates, Alarm system, Wardrobes Available : Taken ***** 29 Kelulut Hill Location : 29 Kelulut Hill, Off Seletar Hills Type : 2-Storey Intermediate Terrace House Price : S$3,500 /pm (negotiable) with partial furnishings Size : Land: 1,884 sqft / Built-in: 2,151 sqft Features : 4 Bedrooms + 4 En-Suite Bathrooms; Maid's room; Brand New; Autogate; cul-de-sac. Quiet residential area; yet walking distance to shops and amenities. Photos available Availability : Taken No 36, Jalan Merah Saga Location : No 36, Jalan Merah Saga Singapore 278111 Type : 2 storey semi-detached house Price : S$15,000 /pm (negotiable) with partial furnishings Size : Land: 3770 sqft / Built-In: 2500 sqft Features : 5 Bedrooms + 3 Bathrooms + Huge Dining Room Photos available Availability : Taken 31 Nim Green Location: 31 Nim Green, Off Seletar Hills Type : 2-Storey Semi-Detached Price : S$3,500 /pm (negotiable) with partial furnishings Size : Land: 4500 sqft / Built-in: 3520 sqft Features : 3 Bedrooms + 3 Bathrooms + 1 Store-room Photos available Availability : Taken House Also For Sale At S$2.5 million 75 Neram Road Location: 75 Neram Road, Off Seletar Hills, (Near American School) Type : Brand New 2 1/2 Storey Detached Bungalow Price : S$15,000 /pm (negotiable) with partial furnishings Size : Land: 6000 sqft / Built-in: 5500 sqft Features : 6 Bedrooms + 5 Bathrooms + 1 Study-Room + 1 Store-Room + Huge Attic Photos + Floor Plan available Availability : Taken Back to Products and Services About Us | Advertise With Us | Email Us | Missing Links | Register | Search General Info | Getting Here | Starting Up | Once You're Here | Enjoying Singapore | Eating in Singapore | Message Board | FAQs | Products & Services | Links ExpatSingapore Jurong West Post Office P.O. 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Buy House

Checklist for buying a house Get up to 4 MortgageOffers. When Banks Compete, You Win! Your House Buying Checklist Oneof the most important things you can do is to make a checklist as you search for, find and buy a home. By keepingon top of your game-plan at all times you will greatly increase your chances of success. To save time, bookmarkthis page and refer to the following checklist frequently. Follow the links, print out this checklist and let itincrease your house buying effectiveness. House Buying Checklist Be an informed buyer. There are well over 150 pages of information hereas well as links to much more information. Numerous guides are available on specific subjects. Our Bookstore had additional recommendedreading. Gather as much information as you can. You can keep up-to-date by subscribing to our free newsletter and by visitingthe What's New page. Want more information on the process of home buying? Get the Home Buyer's Defense Guide andget 6 free bonuses. Buying your firsthome ? See the page devoted to first time home buying . Familiarize yourself with the mortgage process. Have mortgage questions ? Need a few mortgage tips ? See the sections devoted to those subjects. Begin the application process by getting prequalified and preapproved from a Mortgage Lender. Do this first. Your Agent will need your mortgage qualification, and it will significantlystrengthen your offer when you find a home. At Lending Tree , you can submit a quick andeasy application, and within 2 business days get up to 4 offers from lenders so that you can compare terms and rates . Get your financialpicture in focus as soon as possible. Since it is an importantcomponent, be aware of your credit situation. You can get a free copy of your credit report or, see the credit center for additional resources for getting your credit report. The best time to work on your budget is before you move. Want to maximize your financial picture? See the section devoted to budget hints . Wondering about how much time is needed to buy a home? See the sample homebuying timeline . Find an Agent that you trust. It is important to do this before you go rushing off looking for homes or you may end up with norepresentation. See the Agency and BuyerAgent pages for important discussions regarding "who representswho." Looking to find an Agent? Click here to choose an Agent in your area .You can compare backgrounds, experience and more. Thinking about doing it on your own? See the section on buying on your own for things watch for. Determine your housing needs and wants to determine what typesof houses you should be considering. Familiarize yourself with the various types of housing available: Single family , townhouse ,and condo . If you are planning on buying or building a new home, see our section devotedto building a house including house building tips , resources and howto find a contractor . Have general questions about buying a home? See the questions homebuyers ask page. Still have a question about a Real Estate term or its definition? See our Real Estate Glossary . A question on a mortgage term? See the Mortgage Glossary . House Hunting Time! First, see the article devoted to finding the right home . Then,make a scorecard for each house to help you keep track of the properties you've seen. Familiarize yourself with howto set a value on a house . This can save you a great deal oftime and helps to avoid disappointment. When you find an acceptable house, write an offer . Familiarize yourselfwith how offers become contracts . Need examples of offers and contracts available for your state? See FIndLegalForms.com Negotiate your best deal using the information you have acquired. If you haven't already done so, apply for a mortgage loan . Arrange for homeinspection . Protect yourself and do not skip this step! Learn about homewarranties and what they cover. Compare and secure homeownersinsurance . Since homeowners insurance is a long term expense,getting the best deal here brings savings that continue. Arrange for closing agent or attorney. Make all final preparations for closing . Make movingplans . If you plan to use a moving company, make comparisonsand reserve time now. Secure final loan approval and commitment from the lending institution.If you have done your "up-front" work, this should be one of your easiest steps. Do a final walkthrough of the house. Final closingand settlement . Let us know what you liked or disliked about thisweb site! Move to your new home and begin enjoying it--you deserve it! Subscribe to the Home Buyer's Information Center newsletter Get Your Credit Score Compare Mortgage Offersat LendingTree.com COMPARE Mortgages Agents Insurance TheHome Buyer Defense Guide with 6 FREE BONUSES Searchfor Agents Anonymously Free Credit Report Find Homes at Bargain.com RECOMMENDED READING TheHome Buyer Defense Guide with 6 Free Bonuses Home Buying For Dummies (you won'tbe after reading this book!) 10 Steps to Home Ownership Simple, concisestep-by-step guide HOME | Your Checklist | To-Do Lists | Agents | Mortgages | Questions | Finda Home | Inspections | Research | More Links | Bookstore

Foreclosure Property

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Real Estate Broker

Plaza Real Estate - Wichita Real Estate Agency -- QUICK LINKS Agent Login Virtual Tours Area Info Transaction Mgmt Careers Home -- Language Services Español Dutch Hindi, Pungab, Siraiki, Urdu Hindi, Gujarati Home Owner Services Overview Schools Relocation Area Info Utilities & Services Resources Learn The Lingo Buying A Home The Mortgage Process Financial Services Overview Mortgage Services Title Services Closing Services Calculator Interest Rates Resources About Us Mission Statement Company Profile Our Team Our Locations Corporate/East Office West Office South/Derby Office Commercial Office Plaza New Homes Plaza/Astle Realty Hutchinson Contact Us News/Events What's New Press Releases Sign up for eNews -- MLS#: Go! Street Name: Go! Welcome to the premiere Wichita Real Estate Agency, Plaza Real Estate, Inc. Welcome to the home of Plaza Real Estate, Inc., the premiere Wichita Real Estate Agency. Whether you are buying or selling residential or commercial real estate, Plaza Real Estate, Inc. is here to serve all of your Wichita Real Estate needs. Plaza Real Estate, Inc. is one of the first Wichita Real Estate Agencies to feature in-house title and mortgage services for a complete real estate experience. Our website furthers this one-stop shop service and is full of features to assist you. If you are considering buying a home, browse Wichita Real Estate listings using our home search feature or search for a Wichita Real Estate agent who will work hard to help you find what you are looking for. You can even research financing at our financial services page or take virtual tours of homes throughout Wichita and surrounding areas. If you are considering -- selling your home, Plaza Real Estate, Inc. has over 130 sales associates , any of whom will help ensure the sale of your home for the best possible price, and in the most efficient way. Or, you may be curious how much your home is worth. We'll provide you with a free home value estimate customized to the Real Estate Market in Wichita . Plaza Real Estate, Inc. | Corporate HQ (316) 686-7121 | + site design md

foreclosure property is a

Real estate foreclosures information from Answerbag Real estate foreclosures What you need to know about buying property that has been foreclosed Home » Index » Real estate » Foreclosures Questions What is a foreclosure? Are foreclosures an option? What are problems buying foreclosures? What types of foreclosure are there? How do you get financing for a foreclosure? What happens at a trustee sale? How do you find government-repossessed homes? Can I get a HUD home for as little as $100 down? Where can I find foreclosures? Do I have to buy HUD homes through a realty agent? Where do I learn about HUD foreclosures? How does a home go into foreclosure? What happens at a trustee sale? How bad is a previous foreclosure on credit? What makes a newspaper "the newspaper of record" in a given state? Who takes care of delinquent property taxes that have been previously sold at tax certificate sale for prior years? Am I responsible for any liens that were on a foreclosed property before I had purchased it? I have the policy of title insurance. In the normal home buying process, issues found during the home inspection allow you to back out of the purchase. Does this apply to foreclosures also? How long does foreclosure take? Where can I find an example of a letter to send to home owner's who are facing forclosure asking them if they would like to sell before their home is forclosed on? If a bank initiates a foreclosure on a property which also has an IRS lien, and the bank ends up buying back the property for the amount of the unpaid loan, does the bank also have to satisfy the IRS lien? Can you use a prequalification letter to secure a bid on a property that has been foreclosed on by a mortgage company at the county sale? » Ask a question What is a foreclosure? (100%, 2 ratings) submitted by Andersen777 ( A++ , 99%, 1854 ratings), Apr 27, 04 A foreclosure is a legal procedure whereby a lender gains title or sells a mortgagors after he or she does not pay it in order to satisfy all or part of the unpaid debt (legal definition). Layman's terms: Essentially, due to lack of payments, the property is repossessed by the lender. The property is then re-sold as foreclosed. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Are foreclosures an option? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 A foreclosure property is a home that has been repossessed by the lender because the owners failed to pay the mortgage. Thousands of homes end up in foreclosure every year. Economic conditions affect the number of foreclosures, too. Many people lose their homes due to job loss, credit problems or unexpected expenses. It is wise to be cautious when considering a foreclosure. Many experts, in fact, advise inexperienced buyers to hire an expert to take them through the process. It is important to have the house thoroughly inspected and to be sure that any liens, undisclosed mortgages or court judgments are cleared or at least disclosed. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top What are problems buying foreclosures? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 Buying directly at a legal foreclosure sale is risky and dangerous. It is strictly caveat emptor ("Let the buyer beware"). The process has many disadvantages. There is no financing; you need cash and lots of it. The title needs to be checked before the purchase or the buyer could buy a seriously deficient title. The property's condition is not well known and an interior inspection of the property may not be possible before the sale, says Wiedemer. In addition, only estate (probate) and foreclosure sales are exempt from some states? disclosure laws. In both cases, the law protects the seller (usually an heir or financial institution) who has recently acquired the property through adverse circumstances and may have little or no direct information about it. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top (0 ratings) submitted by Team Jackson (0%, 0 ratings), Nov 17, 05 There is however a difference in Sheriff Sale auction homes and REO foreclosure homes The ones up for auction are risky, no access, owners usually still in them, not sure the condition of the home b4 you bid Of course if the price is LOW enough then who cares REO homes have been auctioned to the bank, cleaned out, and listed with an REO agent in the area. Some of these will be priced high others will be dirt cheap, and you can go look inside them They are all sold AS IS, you can do an inspection but cannot use it to get out of the contract should you find something wrong. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top What types of foreclosure are there? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 Judicial foreclosure action is a proceeding in which a mortgagee, a trustee or another lien holder on property requests a court-supervised sale of the property to cover the unpaid balance of a delinquent debt. Non-judicial foreclosure is the process of selling real property under a power of sale in a mortgage or deed of trust that is in default. In such a foreclosure, however, the lender is unable to obtain a deficiency judgment, which makes some title insurance companies reluctant to issue a policy. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top How do you get financing for a foreclosure? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 One reason there are few bidders at foreclosure sales is that it is next to impossible to get financing for such a property. You generally need to show up with cash and lots of it, or a line of credit with your bank upon which you can draw cashier's checks. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top What happens at a trustee sale? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 Trustee sales are advertised in advance and require an all-cash bid. The sale is usually conducted by a sheriff, a constable or lawyer acting as trustee. This kind of sale, which usually attracts savvy investors, is not for the novice. In a trustee sale, the lender who holds the first loan on the property starts the bidding at the amount of the loan being foreclosed. Successful bidders receive a trustee's deed. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top How do you find government-repossessed homes? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 The U.S. Department of Housing and Urban Development acquires properties from lenders who foreclose on mortgages insured by HUD. These properties are available for sale to both homeowner-occupants and investors. You can only purchase HUD-owned properties through a licensed real estate broker. HUD will pay the broker's commission up to 6 percent of the sales price. Down payments vary depending on whether the property is eligible for FHA insurance. If not, payments range from the conventional market's 5 to 20 percent. One caution. HUD homes are sold "as is," meaning limited repairs have been made but no structural or mechanical warranties are implied. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Can I get a HUD home for as little as $100 down? (100%, 2 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 If you are strapped for cash and looking for a bargain, you may be able to buy a foreclosure property acquired by the U.S. Department of Housing and Urban Development for as little as $100 down. With HUD foreclosures, down payments vary depending on whether the property is eligible for FHA insurance. If not, payments range from 5 to 20 percent. But when the property is FHA-insured, the down payment can go much lower. Each offer must be accompanied by an "earnest money" deposit equal to 5 percent of the bid price, not to exceed $2,000 but not less than $500. The U.S. Department of Veterans Affairs also offers foreclosure properties which can be purchased directly from the VA often well below market value and with a down payment amount as low as 2 percent for owner-occupants. Investors may be required to pay up to 10 percent of the purchase price as a down payment. This is because the VA guarantees home loans and often ends up owning the property if the veteran defaults. If you are interested in purchasing a VA foreclosure, call 1-800-827-1000 to request a current listing. About 100 new properties are listed every two weeks. You should be aware that foreclosure properties are sold "as is," meaning limited repairs have been made but no structural or mechanical warranties are implied. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) User comments eric soto : very useful, thanks for the phone # » Add new answer » Add new question » Email me when a new answer is posted » Top (0 ratings) submitted by Team Jackson (0%, 0 ratings), Nov 17, 05 Now days you can pretty much buy anything for no money down There are even programs out there for investors with 0 Down to use on duplexs and 4 families This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Where can I find foreclosures? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 In most states, a foreclosure notice must be published in the legal notices section of a local newspaper where the property is located or in the nearest city. Also, foreclosure notices are usually posted on the property itself and somewhere in the city where the sale is to take place. When a homeowner is late on three payments, the bank will record a notice of default against the property. When the owner fails to pay up, a trustee sale is held, and the property is sold to the highest bidder. The financial institution that has initiated foreclosure proceedings usually will set the bid price at the loan amount. Despite these seemingly straightforward rules, buying foreclosures is not easy as it may sound. Sophisticated investors use the technique so novices may find themselves among stiff competition. Resources: * "The Smart Money Guide to Bargain Homes, How to Find and Buy Foreclosures," James I. Wiedemer, Dearborn Financial Publishing, Chicago; 1994. * "Real Estate Principles," Charles O. Stapleton III, Thomas Moran and Martha R. Williams, Dearborn Financial Publishing, Chicago; 1994. * "Real Estate Investing From A to Z," William H. Pivar, Probus Publishing, Chicago, 1993. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top (0 ratings) submitted by Team Jackson (0%, 0 ratings), Nov 17, 05 For auctions go to your local courthouse For REO homes go to a site like foreclosure.com or find a broker like me in your area, I pay for the site and get all the info then i post a list weekly by email to hundreds of investors in the area FREE. Look around there is always a guy like me This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Do I have to buy HUD homes through a realty agent? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 You can only purchase a U.S. Department of Housing and Urban Development property through a licensed real estate broker. HUD will pay the broker's commission up to 6 percent of the sales price. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Where do I learn about HUD foreclosures? (100%, 2 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 9, 03 One good source is their Web page http://www.hud.gov This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top How does a home go into foreclosure? (75%, 1 rating) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 10, 03 (Answer last edited on Jul 5, 05) Foreclosure proceedings usually begin after a borrower has skipped three mortgage payments. The lender will record a notice of default against the property. Unless the debt is satisfied, the lender will foreclose on the mortgage and proceed to set up a trustee sale. For more questions or to learn about foreclosure prevention and information... http://www.propertyinvestmentadvisor.com/stop-foreclosure.html. To learn about foreclosure investing try here... http://www.propertyinvestmentadvisor.com This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) User comments Anonymous : kind of sketchy to those of us who really know nothing of real estate. » Add new answer » Add new question » Email me when a new answer is posted » Top What happens at a trustee sale? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 10, 03 Trustee sales are advertised in advance and require an all-cash bid. The sale is usually conducted by a sheriff, a constable or lawyer acting as trustee. This kind of sale, which usually attracts savvy investors, is not for the novice. In a trustee sale, the lender who holds the first loan on the property starts the bidding at the amount of the loan being foreclosed. Successful bidders receive a trustee's deed. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top How bad is a previous foreclosure on credit? (0 ratings) submitted by Real Estate Guy ( A , 97%, 58 ratings), Sep 10, 03 A property foreclosure is one of the most damaging events in a borrower's credit history. In terms of the effect on credit history, a deed in lieu of foreclosure or a short sale is not as adverse an event as is a forced foreclosure. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top What makes a newspaper "the newspaper of record" in a given state? » Add new answer » Add new question » Email me when an answer is posted » Top Who takes care of delinquent property taxes that have been previously sold at tax certificate sale for prior years? » Add new answer » Add new question » Email me when an answer is posted » Top Am I responsible for any liens that were on a foreclosed property before I had purchased it? I have the policy of title insurance. (100%, 1 rating) submitted by breadmanpaul ( A+ , 97%, 219 ratings), Sep 21, 05 Your title insurance provides you with clear title to the property. You cannot obtain clear title without in some way dealing with all existing liens. When you purchased the property, you very likely paid off all of the liens. If there are still liens against the property that were there before you purchased the property, then you do not have clear title. If you have evidence of any existing liens, then take them to the title company that provided you with title insurance. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top (0 ratings) submitted by Team Jackson (0%, 0 ratings), Nov 17, 05 No... example Sold woman a reo home in Feb of this year had back taxes for 02, 03, 04 due 04 was paid at closing title company mistake now assessor wants 02 and 03 or will tax foreclose title insurance company just paid the assessor they are your insurance that ALL title is clear up to the contract phase then make sure you get a gap for the remainder This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top In the normal home buying process, issues found during the home inspection allow you to back out of the purchase. Does this apply to foreclosures also? (0 ratings) submitted by DARON J ( A- , 86%, 80 ratings), Nov 29, 04 Normally the sell of a forclosure is "as is" . This is supposed to be stated in the realestate listing. If this is the case then you would lose your earnest money if you back out of the contract. This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top How long does foreclosure take? (0 ratings) submitted by Team Jackson (0%, 0 ratings), Nov 17, 05 Most banks will let you be default for 12 months then they will start the procedure for auction this usually takes 90 days before its over and they are evicted depends on each area and the local laws This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Where can I find an example of a letter to send to home owner's who are facing forclosure asking them if they would like to sell before their home is forclosed on? » Add new answer » Add new question » Email me when an answer is posted » Top If a bank initiates a foreclosure on a property which also has an IRS lien, and the bank ends up buying back the property for the amount of the unpaid loan, does the bank also have to satisfy the IRS lien? (0 ratings) submitted by Team Jackson (0%, 0 ratings), Nov 17, 05 Yes all liens must be clear to resell the property with clear title This answer is ( useful ¤ somewhat useful ¤ incorrect ¤ offensive/spam ) » Add new answer » Add new question » Email me when a new answer is posted » Top Can you use a prequalification letter to secure a bid on a property that has been foreclosed on by a mortgage company at the county sale? » Add new answer » Add new question » Email me when an answer is posted » Top » Ask a question » Send me updates Important: Answerbag cannot guarantee the accuracy of answers submitted by members, and we recommend that you use common sense when following any advice found here. Full disclaimer User tools » Ask a question » Send me updates » Send to a friend » Show in text format » RSS Feed Glossary · NOD » Add new term Related Links No links submitted yet » Add new link Answerbag experts on Real estate foreclosures 1. Andersen777 ( A- , 100%, 2 ratings) 2. 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