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Frank
Lv 7
Frank preguntado en Business & FinanceRenting & Real Estate · hace 8 años

My neighbor is being foreclosed?

I was checking out my neighborhood on Zillow and it shows that my next-door neighbor has a notice of foreclosure.

Is there anything I can or should do to protect the value of my home?

I was looking because I wanted to buy a larger house in the area, and his house would be the right size for me. Is this an opportunity to get a deal?

Thanks.

3 respuestas

Relevancia
  • hace 8 años
    Respuesta preferida

    First of all, zillow is notoriously not up to date. So, verify the accuracy of the listing.

    There isn't a whole lot you can do other than keep up your house. If the bank lets the property go to pot, you can call the city to force the bank to mow it and do basic maintenance.

    Sure, its an opportunity for a good deal, but its not going to be a pennies on the dollar type thing. People think that foreclosed properties are going to be like free money. They can be good deals, especially if you can add value through improvements, but the banks aren't giving them away. Generally, you also need to be a well qualified buyer.

  • Anónimo
    hace 7 años

    You seriously have no life FRANK seems like all you do is be on yahoo answering questions with ignorance no advice what so ever just to get points who does that, you must be a lonely person with no one who loves you since all you do is spend your time on the computer trying to bring others down then you want to report comments like the little ***** you are lucky for you this is the internet since you seem like one of those people who walks around with their head down whispering to themselves because they don't have the guts to say what they think out loud if they were face to face with you and NO this is not a threat or harassment since you seem the type to try to take this to the highest degree of "punishment" this is simply freedom of speech and publication and exposing you to everyone who reads this before you go and complain to yahoo for them to take this down lmao. Get a life this is supposed to be a safe place for people to use their freedom of speech to post questions and get answers without criticism from dumb asses like yourself.

  • hace 7 años

    There is not a lot u can do xx

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