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SD Realtor.
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August 25, 2009 at 1:54 PM #16244August 25, 2009 at 2:10 PM #448792
Eugene
ParticipantIs it still occupied, by your friend or anyone else? If it is, the bank will most likely give him some time to clear out in an orderly manner, aka cash for keys.
August 25, 2009 at 2:10 PM #448985ParticipantIs it still occupied, by your friend or anyone else? If it is, the bank will most likely give him some time to clear out in an orderly manner, aka cash for keys.
August 25, 2009 at 2:10 PM #449324ParticipantIs it still occupied, by your friend or anyone else? If it is, the bank will most likely give him some time to clear out in an orderly manner, aka cash for keys.
August 25, 2009 at 2:10 PM #449395ParticipantIs it still occupied, by your friend or anyone else? If it is, the bank will most likely give him some time to clear out in an orderly manner, aka cash for keys.
August 25, 2009 at 2:10 PM #449581ParticipantIs it still occupied, by your friend or anyone else? If it is, the bank will most likely give him some time to clear out in an orderly manner, aka cash for keys.
August 25, 2009 at 2:34 PM #448812anxvariety
ParticipantIt is occupied by only him.
What do you mean by time to clear it out? The auction date is middle September. Is that BS? Assuming the auction happens and someone buys it that day, is there a mandatory period for him to be able to take his stuff out? Seems like I will need to go pick up my stuff soon.
Friend is just completely worn down, so he has little information and I think is just shellshocked (he’s been in the house for 10+ years). So if there’s anything that he should be doing I would appreciate that advice to pass on too. He still thinks he will get assistance from whatever the relief program is. He is a business owner and just bleeding everywhere and they already denied him once because of something to do with this expenses? He said it didn’t get approved but he believes their information was incorrect since so re-applied.
August 25, 2009 at 2:34 PM #449005ParticipantIt is occupied by only him.
What do you mean by time to clear it out? The auction date is middle September. Is that BS? Assuming the auction happens and someone buys it that day, is there a mandatory period for him to be able to take his stuff out? Seems like I will need to go pick up my stuff soon.
Friend is just completely worn down, so he has little information and I think is just shellshocked (he’s been in the house for 10+ years). So if there’s anything that he should be doing I would appreciate that advice to pass on too. He still thinks he will get assistance from whatever the relief program is. He is a business owner and just bleeding everywhere and they already denied him once because of something to do with this expenses? He said it didn’t get approved but he believes their information was incorrect since so re-applied.
August 25, 2009 at 2:34 PM #449344ParticipantIt is occupied by only him.
What do you mean by time to clear it out? The auction date is middle September. Is that BS? Assuming the auction happens and someone buys it that day, is there a mandatory period for him to be able to take his stuff out? Seems like I will need to go pick up my stuff soon.
Friend is just completely worn down, so he has little information and I think is just shellshocked (he’s been in the house for 10+ years). So if there’s anything that he should be doing I would appreciate that advice to pass on too. He still thinks he will get assistance from whatever the relief program is. He is a business owner and just bleeding everywhere and they already denied him once because of something to do with this expenses? He said it didn’t get approved but he believes their information was incorrect since so re-applied.
August 25, 2009 at 2:34 PM #449415ParticipantIt is occupied by only him.
What do you mean by time to clear it out? The auction date is middle September. Is that BS? Assuming the auction happens and someone buys it that day, is there a mandatory period for him to be able to take his stuff out? Seems like I will need to go pick up my stuff soon.
Friend is just completely worn down, so he has little information and I think is just shellshocked (he’s been in the house for 10+ years). So if there’s anything that he should be doing I would appreciate that advice to pass on too. He still thinks he will get assistance from whatever the relief program is. He is a business owner and just bleeding everywhere and they already denied him once because of something to do with this expenses? He said it didn’t get approved but he believes their information was incorrect since so re-applied.
August 25, 2009 at 2:34 PM #449601ParticipantIt is occupied by only him.
What do you mean by time to clear it out? The auction date is middle September. Is that BS? Assuming the auction happens and someone buys it that day, is there a mandatory period for him to be able to take his stuff out? Seems like I will need to go pick up my stuff soon.
Friend is just completely worn down, so he has little information and I think is just shellshocked (he’s been in the house for 10+ years). So if there’s anything that he should be doing I would appreciate that advice to pass on too. He still thinks he will get assistance from whatever the relief program is. He is a business owner and just bleeding everywhere and they already denied him once because of something to do with this expenses? He said it didn’t get approved but he believes their information was incorrect since so re-applied.
August 25, 2009 at 2:45 PM #448817ParticipantAlso have another question –
His house looks good on paper, fairly high sq. footage, fairly large lot – but the house itself is old and has major issues – like cracked foundation in multiple areas/leaking pipes etc.
I am hoping this gives him extra leverage with the bank? If someones looking at this place on paper – if they assumed the house was in excellent condition the loan due is still pretty high. Like the property itself is probably worth more than the house, but no way is the entire package anywhere worth what is owed. When bidders decide on these properties – do they just do a drive by and look at the facts on paper? I really don’t think someone would want to buy this house for for even half what the starting auction price will probably be(but i have no idea how these auctions work) – and even at that price my friend could have probably come up with the money + a premium via family to buy it if the bank would have just worked with him. I know it’s a complicated scenario, just wondering what your thoughts are.
August 25, 2009 at 2:45 PM #449010ParticipantAlso have another question –
His house looks good on paper, fairly high sq. footage, fairly large lot – but the house itself is old and has major issues – like cracked foundation in multiple areas/leaking pipes etc.
I am hoping this gives him extra leverage with the bank? If someones looking at this place on paper – if they assumed the house was in excellent condition the loan due is still pretty high. Like the property itself is probably worth more than the house, but no way is the entire package anywhere worth what is owed. When bidders decide on these properties – do they just do a drive by and look at the facts on paper? I really don’t think someone would want to buy this house for for even half what the starting auction price will probably be(but i have no idea how these auctions work) – and even at that price my friend could have probably come up with the money + a premium via family to buy it if the bank would have just worked with him. I know it’s a complicated scenario, just wondering what your thoughts are.
August 25, 2009 at 2:45 PM #449349ParticipantAlso have another question –
His house looks good on paper, fairly high sq. footage, fairly large lot – but the house itself is old and has major issues – like cracked foundation in multiple areas/leaking pipes etc.
I am hoping this gives him extra leverage with the bank? If someones looking at this place on paper – if they assumed the house was in excellent condition the loan due is still pretty high. Like the property itself is probably worth more than the house, but no way is the entire package anywhere worth what is owed. When bidders decide on these properties – do they just do a drive by and look at the facts on paper? I really don’t think someone would want to buy this house for for even half what the starting auction price will probably be(but i have no idea how these auctions work) – and even at that price my friend could have probably come up with the money + a premium via family to buy it if the bank would have just worked with him. I know it’s a complicated scenario, just wondering what your thoughts are.
August 25, 2009 at 2:45 PM #449420ParticipantAlso have another question –
His house looks good on paper, fairly high sq. footage, fairly large lot – but the house itself is old and has major issues – like cracked foundation in multiple areas/leaking pipes etc.
I am hoping this gives him extra leverage with the bank? If someones looking at this place on paper – if they assumed the house was in excellent condition the loan due is still pretty high. Like the property itself is probably worth more than the house, but no way is the entire package anywhere worth what is owed. When bidders decide on these properties – do they just do a drive by and look at the facts on paper? I really don’t think someone would want to buy this house for for even half what the starting auction price will probably be(but i have no idea how these auctions work) – and even at that price my friend could have probably come up with the money + a premium via family to buy it if the bank would have just worked with him. I know it’s a complicated scenario, just wondering what your thoughts are.
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