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How can I find a realtor to help with 1st time foreclosure purchase?

Profile picture for 92626
Contributions: 1
Have not done this and have questions, such as default is 10,000    loan balance is 90,000 and home value is 1,100,000.   How can this be.  Are these 2nd mortgages?   How does one know what is a true foreclosure and what is a default on an 2nd mortgage? 

Not sure how any of this works - where can I find info?
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January 17 - Newport Beach
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Profile picture for Chris A. Lewis
Real Estate Agent

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Try county records.  You can always find a realtor to try and help you.  If you don't know of one, ask a friend or co worker for a referral from one they have had a good experience with.
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January 17
Profile picture for Peggy Banks
Real Estate Agent
Contributions: 482
it sounds like this is a pre-foreclouser, so it will be a short sale.
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January 17
Profile picture for Sam Shueh
Real Estate Agent
Contributions: 185
The title company kept records of mortgages. If it was sold recently the primarily mortgage amount is recorded.
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January 17
Yes this can be 2nd mortgage, the only way to get a true value of property is by getting an appraisal.
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January 17
 

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Question How can I find a realtor to help with 1st time foreclosure purchase?
  • Latest answer by Chris A. Lewis
  • January 17
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