Georgia Foreclosure Specialist

This is what happend. My mom and dad’s home is under foreclosure, and is about to get taken back by the bank. They both were laid off last winter. Well at the beginning of the month of July, they moved into a apartment, and Have moved very little of the furniture out of the house. Well, one of my parents old neighbors called the Police because they saw the yard was looking crappy. So the Police then contacted the bank, and the bank sent landscapers out to the house to clean up the yard and stuff. Well, as the landscapers were there , the same neighbors who called the police said he saw them enter my parents house threw the back door, really late one night, so he called the cops, well the cops show up, and they denied being in the home, i guess went around the back door out front to talk to em. And they showed the police a permit saying they had a contract to do the yard, so the cops took their names, and basically left. Well the guys went back, to work. So the next day my mom and i go to the house, and discover the house has literally been emptied out. They took my dads 60 inch plasma, about 8 or 9 flat screens ( My parents were doing really well before being laid off) Stole the movie theater seats, My moms jewelry chest. So we call the cops, who come finger print, and they call us and tell us the prints match the guys who were there as landscapers. So my moms lawyer called the Bank, and talked to someone. And today, that person called my mom and said this to her " Im not saying i know our guys did this, but what would it take for this to stay out of court, what do you and your husband want". So my question is, being that the guys stole about 60k worth of Jewelry and electronics , Electronics and stuff. Should They sue the company? Or settle outside of court?

BTW, the Reason the stuff was still in the house, is because they were waiting on me and my brother to come down from Chicago, to Ga , and rent a Truck to move it for em, their literally that broke.

Get a good lawyer, sue the hell out of them….then take a part of the money to buy the house back from the bank for pennies on the dollar…use the lawyer to do all the paperwork so the bank does not know its you buying it back….and pay cash for the house ! Make sure you put a hold on the foreclosure via the courts and make sure the media gets word on what happened with the thief’s that took your stuff…..if the cops don’t arrest anyone then bring that up in court too !

PS….make dang sure you keep paper records of everything and every time you talk to anyone……there is s good chance your parents can get a free home and some money in the pocket after its all done with…

GOOD LUCK !

Hello. My fiancee and I found a house we are very interested in here in Douglasville,GA.

Its a foreclosure and the only issue with it is it needs roof work, either repaired or a whole new roof.

My fiancee was wondering if a VA (he was in the Marine Corps for 5 years) will buy a home like this?.. Does any body know?

Oh, the agent/owner is not repairing the roof before we would buy it.. it is not included in the house price. If we fix it, it will be out of our pocket obviously.

thanks for any info.
Oh, Also he got a pre approval letter from Bank Of America and its a Conventional loan and not FHA.

Not necessarily out of pocket. You can tack on money to the loan for repairs of credit is good.

As for whether the loan will buy it…it is up to your credit.

There are restrictions if you sell it though.

allright, i was on Yahoo! Real Estate and they have all these auctioned homes and my question was, if i am the winning bidder, do i have to have the cash ready right then and there? or can there be a loan? im in GA is it true that there is no redemption period in GA? what do i need to look out for? whats the catch i guess…thanks for your help

I am sure the laws vary state to state but in my state, for sale by bank means you buy it as is. Same idea as buying a car as is with no warranty. I would look for a phone number on the property listing you are interested in and call and ask specific questions. Or if you know someone in real estate ask them.

Depends on the lender, not really specific to the state, except that in GA, lenders can move through the process more quickly

How aggressive the lender is in trying to clear bad loans, or whether they let them stew a while

My husband and I just bought our house a couple of moths ago and it was a foreclosure. Well it has had its problems and we are noticing another. We have a large pool of water right beside our drive way and house. We thought it might be from compromised drains under the ground but the water never dries up. I live in GA with a heat index of 96 for about 2 weeks with no rain and its still not dry. On top of that our water bill has gone up. Any suggestions.

seeing as how your bill keeps going up the water leak IS on your side of the meter, have a plumber come out and give an estimate unless you are a do it yourself kinda person….if so shutoff the water at the main and dig up around the water leak until you find the source of the break you may need to turn the water main back on, once you have dug up the pipe, to find the leak. i just hope you dont have to tear up your driveway to fix the leak.