Zillow Advice RSS: Question-Discussion-Guide,Buying a Foreclosure, http://www.zillow.com/advice/United-States%253B%253B%253B%253B%253B%253B%253B%253B/home-buying-buying-a-foreclosure/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Hubzu http://www.zillow.com/advice-thread/Hubzu/521811/ I have seen many say they like bidding through Hubzu because they don't need a realtor to do the bidding. I would never purchase a home without seeing the inside. How does one see or get inside&nbsp;one of these homes if they don't have a realtor?<br \><br \>31 replies Tue, 17 Dec 2013 03:31:00 GMT http://www.zillow.com/advice-thread/Hubzu/521811/ 2013-12-17T03:31:00Z Utility Bill after home closing http://www.zillow.com/advice-thread/Utility-Bill-after-home-closing/549375/ I bought a Fannie Mae home on 5/28. Today I get a notice advising that there is a $410.31 unpaid sewer charge and that it will be collected with the real estate taxes in August.&nbsp;With the loan through Fannie Mae, there was a paper noting that any unpaid sewer charges are not part of the title insurance (based on the fact you don't know until it happens). But it doesn't state who's responsibility it becomes.Is it worth going to Fannie Mae over, or how is this usually handled?&nbsp;<br/>&nbsp;<br/>&nbsp;<br/>&nbsp;&nbsp;<br \><br \>0 replies Sat, 12 Jul 2014 02:49:00 GMT http://www.zillow.com/advice-thread/Utility-Bill-after-home-closing/549375/ 2014-07-12T02:49:00Z what does the construction quality 8 on a listing indicate. What is scale from low to high quality http://www.zillow.com/advice-thread/what-does-the-construction-quality-8-on-a-listing-indicate-What-is-scale-from-low-to-high-quality/549265/ 1 reply Fri, 11 Jul 2014 06:10:00 GMT http://www.zillow.com/advice-thread/what-does-the-construction-quality-8-on-a-listing-indicate-What-is-scale-from-low-to-high-quality/549265/ 2014-07-11T06:10:00Z I want to purchase a home I sold in 2002 that is in pre-foreclosure now, how? http://www.zillow.com/advice-thread/I-want-to-purchase-a-home-I-sold-in-2002-that-is-in-pre-foreclosure-now-how/543985/ 7112 Larimer Ct Tampa, Fl 33615 I sold it to Albert Fred Williams who&nbsp; passed away last year. I would like to buy my house back. Please tell me how I can find out who has possession of the home and how to legally make an offer. Thank you.<br/>Lauri L Przybylski, former owner in 2002.<br \><br \>3 replies Wed, 04 Jun 2014 02:48:00 GMT http://www.zillow.com/advice-thread/I-want-to-purchase-a-home-I-sold-in-2002-that-is-in-pre-foreclosure-now-how/543985/ 2014-06-04T02:48:00Z Need a foreclosure agent ... http://www.zillow.com/advice-thread/Need-a-foreclosure-agent/549205/ ...to help me find a propriety as a 1st time buyer. Will be an investment also. 2/2 , &nbsp;1-2 car garage, big back yard, not a 55+<br \><br \>3 replies Thu, 10 Jul 2014 20:21:00 GMT http://www.zillow.com/advice-thread/Need-a-foreclosure-agent/549205/ 2014-07-10T20:21:00Z Agent said they did not their listing proterty is preforeclosure house. http://www.zillow.com/advice-thread/Agent-said-they-did-not-their-listing-proterty-is-preforeclosure-house/549195/ We are looking for the single family house and we make our&nbsp;best and offer this ppreforclosure hosuse.&nbsp;Listing agent&nbsp;make a&nbsp;deal to higher price and we agree&nbsp;for it and signed binder.&nbsp;Later, they called us and said this is preforeclosure and make it lesser price and ask to pay seller if bank agree with this lesser price.We disagree to do so. Finally&nbsp;their seller attoney send out without&nbsp;this&nbsp;statment. So Our&nbsp;buyer attorney and we&nbsp;agree to sign this contract and give downpayment to seller attorney. Now we are waiting for 3 week and&nbsp;agent said they need&nbsp;extra payment in seperate riter. Our attorney disagree and they are still not signing&nbsp;contract. What should we ddo&nbsp;now ? &nbsp;&nbsp;<br \><br \>2 replies Thu, 10 Jul 2014 19:35:00 GMT http://www.zillow.com/advice-thread/Agent-said-they-did-not-their-listing-proterty-is-preforeclosure-house/549195/ 2014-07-10T19:35:00Z Is the house at 104 and 103 ryan drive moosic pa for sale http://www.zillow.com/advice-thread/Is-the-house-at-104-and-103-ryan-drive-moosic-pa-for-sale/549197/ 2 replies Thu, 10 Jul 2014 19:40:00 GMT http://www.zillow.com/advice-thread/Is-the-house-at-104-and-103-ryan-drive-moosic-pa-for-sale/549197/ 2014-07-10T19:40:00Z when buying a home are there strings attached http://www.zillow.com/advice-thread/when-buying-a-home-are-there-strings-attached/549088/ 8 replies Wed, 09 Jul 2014 23:16:00 GMT http://www.zillow.com/advice-thread/when-buying-a-home-are-there-strings-attached/549088/ 2014-07-09T23:16:00Z Cashbuyer looking for rehab properties. Anyone out there got some? http://www.zillow.com/advice-thread/Cashbuyer-looking-for-rehab-properties-Anyone-out-there-got-some/495556/ 12 replies Wed, 05 Jun 2013 16:16:00 GMT http://www.zillow.com/advice-thread/Cashbuyer-looking-for-rehab-properties-Anyone-out-there-got-some/495556/ 2013-06-05T16:16:00Z Is there any way to find out the reserve on a residential bank owned foreclosure listed http://www.zillow.com/advice-thread/Is-there-any-way-to-find-out-the-reserve-on-a-residential-bank-owned-foreclosure-listed/549039/ on auction.com?&nbsp;<br \><br \>0 replies Wed, 09 Jul 2014 17:43:00 GMT http://www.zillow.com/advice-thread/Is-there-any-way-to-find-out-the-reserve-on-a-residential-bank-owned-foreclosure-listed/549039/ 2014-07-09T17:43:00Z Appraiser using only distressed properties http://www.zillow.com/advice-thread/Appraiser-using-only-distressed-properties/548902/ Hello,<br/><br/>We're buying a foreclosure at a great price (we've been looking for over&nbsp;7 months). The appraisal came back low. All the comps (3 of them)&nbsp;were distressed homes and anywhere from 9.24 miles to 19.74 miles away from the property. It is rural. When my real estate agent pulled a list of comps (all selling for more and closer to the property), the appraisal company rejected them because they were not distressed properties. <br/><br/>Is there some rule that the comps have to be distressed when buying a foreclosure?&nbsp; <br/><br \><br \>11 replies Tue, 08 Jul 2014 18:56:00 GMT http://www.zillow.com/advice-thread/Appraiser-using-only-distressed-properties/548902/ 2014-07-08T18:56:00Z house of interest is in pre-foreclosure http://www.zillow.com/advice-thread/house-of-interest-is-in-pre-foreclosure/548908/ lis pendens was served in January of 2014 - if it goes into foreclosure,&nbsp;what do I need to do to act quickly? (will&nbsp;there be&nbsp;an auction? &nbsp;how do I follow the process? is there anything I can do now?)<br \><br \>0 replies Tue, 08 Jul 2014 19:36:00 GMT http://www.zillow.com/advice-thread/house-of-interest-is-in-pre-foreclosure/548908/ 2014-07-08T19:36:00Z short sale? http://www.zillow.com/advice-thread/short-sale/548889/ 0 replies Tue, 08 Jul 2014 17:45:00 GMT http://www.zillow.com/advice-thread/short-sale/548889/ 2014-07-08T17:45:00Z REO Property Information http://www.zillow.com/advice-thread/REO-Property-Information/548849/ <p align="left">My wife and I are currently in the market for a new home. This past weekend we came across a home we both fell in love with.&nbsp; However, the home is owned by US Bank and is being sold as part of the Wells Fargo REO Program. So, here comes the fun part... After viewing the home and falling in love with it, our real estate agent began asking the listing agent questions.&nbsp; The listing agent said that the previous owners left the water running on the second floor, when they left the home.&nbsp; The second floor was flooded, and as a result came falling down to ground level.&nbsp; The real estate agent said everything was replaced and the entire second floor was redone.&nbsp; When asked who did the work, the real estate agent said "Home Depot."&nbsp;&nbsp;However, upon checking with Home Depot they do not do all the work that was needed to repair this home. My wife and I have a lot more questions!&nbsp; However, we are finding it almost impossible to get any answers.&nbsp; Our main concern is the structural integrity of the home, as well as health concerns due to possible mold from the flooding. What is the procedure when the bank has to make repairs like this? Do they have to make sure the home is repaired and brought back to code?&nbsp; Do they have to ensure that the property is free of mold?&nbsp; Before submitting an offer all homebuyers have to sign an owner-occupant addendum, stating that you will occupy this property within 30days after closing and remain in the property for at least 1 year.&nbsp;Can they make homebuyers go through this if the house is not structurally sound or mold issues? Finally, we understand that the bank is exempt from disclosing certain information.&nbsp; However, are they exempt from disclosing major repairs and mold?</p><br \><br \>2 replies Tue, 08 Jul 2014 12:22:00 GMT http://www.zillow.com/advice-thread/REO-Property-Information/548849/ 2014-07-08T12:22:00Z How to find forclosures/short sale houses? http://www.zillow.com/advice-thread/How-to-find-forclosures-short-sale-houses/545910/ Hi<br/><br/>Me and my wife are looking for a multi-family house. We are a first time home buyers. We are planning to live in one unit and rent out other unit(s). Since we do not have a big budget we are thinking of getting distressed (foreclosures/short sales/auctions) properties so that we can get something that we can afford.<br/><br/>What is the best way find these properties? Are there any real estate agents that have expertise in helping buyers for distressed properties?<br/><br/>We would really appreciate any help.<br/><br/>Thanks<br/>Nik<br \><br \>4 replies Tue, 17 Jun 2014 18:18:00 GMT http://www.zillow.com/advice-thread/How-to-find-forclosures-short-sale-houses/545910/ 2014-06-17T18:18:00Z When buying a house in NJ with an in ground oil tank, must the tank be removed from the ground? http://www.zillow.com/advice-thread/When-buying-a-house-in-NJ-with-an-in-ground-oil-tank-must-the-tank-be-removed-from-the-ground/177906/ 27 replies Wed, 17 Dec 2008 14:49:00 GMT http://www.zillow.com/advice-thread/When-buying-a-house-in-NJ-with-an-in-ground-oil-tank-must-the-tank-be-removed-from-the-ground/177906/ 2008-12-17T14:49:00Z (Moved): we had a foreclosure 2 years ago included in a chapter 7 how long before we should apply for another http://www.zillow.com/advice-thread/Moved-we-had-a-foreclosure-2-years-ago-included-in-a-chapter-7-how-long-before-we-should-apply-for-another/548639/ This discussion has been moved to the following location: <a href="http://www.zillow.com/advice-thread/we-had-a-foreclosure-2-years-ago-included-in-a-chapter-7-how-long-before-we-should-apply-for-another/548595/">http://www.zillow.com/advice-thread/we-had-a-foreclosure-2-years-ago-included-in-a-chapter-7-how-long-before-we-should-apply-for-another/548595/</a><br \><br \>0 replies Sun, 06 Jul 2014 22:04:00 GMT http://www.zillow.com/advice-thread/Moved-we-had-a-foreclosure-2-years-ago-included-in-a-chapter-7-how-long-before-we-should-apply-for-another/548639/ 2014-07-06T22:04:00Z How do I talk to someone about 138 Arcon house? http://www.zillow.com/advice-thread/How-do-I-talk-to-someone-about-138-Arcon-house/548534/ 1 reply Sat, 05 Jul 2014 18:51:00 GMT http://www.zillow.com/advice-thread/How-do-I-talk-to-someone-about-138-Arcon-house/548534/ 2014-07-05T18:51:00Z has the house at 723 boulevard in new milford n.j. been foreclosed? http://www.zillow.com/advice-thread/has-the-house-at-723-boulevard-in-new-milford-n-j-been-foreclosed/548527/ 0 replies Sat, 05 Jul 2014 17:29:00 GMT http://www.zillow.com/advice-thread/has-the-house-at-723-boulevard-in-new-milford-n-j-been-foreclosed/548527/ 2014-07-05T17:29:00Z Can the buyer's mortgage bank be negligent in their lack of knowledge and providing wrong info? http://www.zillow.com/advice-thread/Can-the-buyer%27s-mortgage-bank-be-negligent-in-their-lack-of-knowledge-and-providing-wrong-info/548283/ I am purchasing a home through a purchase and rehab 203k loan. Purchase price 150k and bank appraised value 175k. I am currently being charged a $300 fee plus $100 per diem for an extension with projected total equaling $2900. Is my mortgage bank liable for the extension fee for what I feel was poor knowledge of the loan product, providing me with incorrect information, and tardiness in relaying pertinent information/ requirements to me? To begin, I obtained work estimates for 25k and submitted them to the bank. That is when the mortgage lender told me since the utilities were turned off, they required 15% of renovation budget to hold as reserve funds ($3,750). This put the reno budget budget at 28,750 and the total amount to be financed at 178,750. At this point I was told that anything over 175k, I would have to come up with as out of pocket cash funds at closing. I did not have this additional money to provide at closing. So I had to go back multiple times to several contractors to get them to shave down the estimates and provide new estimates to get me down to 21,739 estimate + 15% reserve funds = 25k. I finally succeeded only to discover by chance from another mortgage bank that FHA rules allowed me to borrow up to 110% of the appraised value all along. There was never a need to waste time contacting contractors. There were also issues from the appraisal report that she received weeks ago, that required several miscellaneous and specific things to be addressed and included on my estimates. She didn't tell me about that until later. That caused another round of me having to go back out to the contractors for revised estimates. Can I recover the cost of the extension fees from the mortgage bank?<br \><br \>3 replies Thu, 03 Jul 2014 13:36:00 GMT http://www.zillow.com/advice-thread/Can-the-buyer%27s-mortgage-bank-be-negligent-in-their-lack-of-knowledge-and-providing-wrong-info/548283/ 2014-07-03T13:36:00Z