Zillow Advice RSS: Question-Discussion-Guide,Home Buying,Lancaster- CA

Why does foreclosure listings show up when I uncheck the foreclosure box?

Wed, 30 Sep 2009 20:30:00 GMT

I have used this site for a couple of years.
I recently started looking for a house to buy and find that even if I uncheck the box for foreclosures, I still get them in my output.

As an example, I was looking for a house in Lancaster, CA. I put in my criteria for the house and got 8 pages of listings. I then sorted them by lowest price first. I got 6 pages of "Price not available". These were just listings that foreclosure.com put on Zillow to advertise their web page. I hope you are charging them something for the thousands of listings they put on Zillow.com. They even require you to get a subscription to foreclosure.com just to get the street number of the house they say is a foreclosure. By the way, I was canceled my $39.90/month subscription for this service.. Personally didn't find it all that useful.

Please make the check box for not looking at foreclosures eliminate all the garbage advertisement listings foreclosure.com puts on your site!

3 replies

I want to shop California neighborhoods by walkability score. Feasible?

Fri, 11 Sep 2009 04:02:00 GMT

I have some freedom on town/city. What I wish is to limit my choices by the walkability score.

3 replies

how do i get listings in the area only that i wish to invest

Tue, 01 Sep 2009 03:06:00 GMT

3 replies

6023 W. Ave. K-2 Lancaster, CA. 93536 has been with an agent for almost 2 yrs. What'z up. Is the hou

Sun, 30 Aug 2009 22:39:00 GMT

0 replies

foreclosure properties

Fri, 03 Jul 2009 06:48:00 GMT

foreclosure properties in the lancaster area near the college

1 reply

Another predict came true? Cramer: Housing Has Officially Bottomed

Thu, 18 Jun 2009 03:10:00 GMT

Residential real estate has finally found a floor, Cramer told viewers on Tuesday. The sector's long, steep descent is all but over. He had predicted this day would come by the end of June, and he was right – with just two weeks to spare.
How can Cramer be so sure? New housing data reported today showed a dramatic change for the better, especially in some of the hardest-hit areas in the US. That news, along with much lower prices and the working off of inventory, validate his prediction, made last August, that housing would stabilize this month, ending its multiyear declines.
What does a bottom look like? It's the combination of ramping sales, and sales in certain areas are up ten times those of last year, and an end to falling prices. That's exactly what we've seen for the past three months, Cramer said.
Of course, this doesn't mean home prices skyrocket right back to their bubbly heights. Cramer's call was about only price stabilization, not appreciation.
Also, don't think the new starts, combined with foreclosures, will lead to a new glut of inventory. Builders aren't going to make that mistake, Cramer said, putting up homes they can't sell. Nor do the banks need to rush foreclosed homes back onto the market. They now have the capital, thanks to Washington and a spate of secondary offerings, to hold on until they get their price.
Finally, if you're wondering why the market didn't rally because of housing starts, that's because people are as blind to the bottom as they were to the top, Cramer said. But you can't wait for some analyst to make the call. You have to buy now if you want to make some money.
I don't think we would follow what is Cramer said or do what Cramer told you to do; it's a prediction, however.
http://www.cnbc.com/id/31388528

18 replies

Multiple Offers? How to Submit Your Best

Wed, 17 Jun 2009 02:27:00 GMT

In my area, we're seeing mulitiple offers, especially on REO (foreclosed) properties. So, how can you submit your best offer?Pre-Approval Letter is a Must
Unless you're paying cash, a pre-approval letter from a bank or direct lender is an absolute, positive must-have. Ask your loan officer for one with their direct contact info. As a listing agent, I call lenders to determine the strength of their buyers. If your FICOs are good and you don't mind sharing them, include them. FYI, many REO agents here also ask for a back-up pre-approval letter from their preferred lender. This doesn't mean you can't stay with your original lender, but if it's required, get it and submit it with your offer package.
Show Them the Money
Of course, you'll be giving your agent an earnest money deposit check, which will be copied and included with the offer package. But what about your down payment? Where's that coming from? Show bank statements (black out the account numbers, but leave your name) to prove you good for the down payment.
Seller's Choice
With REOs, the choice of title and escrow companies is usually left up to the seller. Sure, you may have a favorite company or want to keep things local, but until there are legal requirements allowing this choice, let the seller decide.
Follow Up, Follow Up, Follow Up
It's vital for your agent to follow up with the seller or seller's agent to track the progress of your offer. It's nice to have your agent let the seller know that you really, really, really want that particular property, it's even better to present the best offer you can. And that means including all the items listed above at one time when the original offer is presented, not days later and piece-by-piece.

8 replies

I am a tenant residing in a 12 day foreclosure sold back to lender house; how can I buy it?

Sun, 07 Jun 2009 18:01:00 GMT

2 replies

the market is down . i already own a home i live in. how can i get a loan when the market is so bad

Fri, 19 Dec 2008 06:59:00 GMT

and will that hurt me from getting a max loan if it dosen't

6 replies

How much value a house can get with a swimming pool?

Tue, 24 Feb 2009 07:57:00 GMT

4 replies

what do you do if you are approved for a house but the mortgage ins co. denies coverage?

Fri, 23 Jan 2009 03:54:00 GMT

we were approved for a mortgage for the house that we wanted but right before settlement the mortgage insurance company came back and said that they wouldn't us with this house. It's slightly confusing when they are willing to approve you for the money then deny the mortgage insurance.

6 replies

buy or ?

Mon, 02 Feb 2009 23:17:00 GMT

would it be the best time to buy now or wait to see if homes prices dropes more?

1 reply