Open Question: if I buy a foreclosure, will the taxes be reduced to the new sale price?

Open Question: if I buy a foreclosure, will the taxes be reduced to the new sale price?

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Renters now feel the pinch of foreclosure pinch - Santa Rosa Press Gazette
Renters now feel the pinch of foreclosure pinch Santa Rosa Press Gazette, FL - 1 hour ago In Santa Rosa County alone there are currently over 35 apartments in foreclosure. This does not include the single residence homes being foreclosed. …
Source: www.tackleforeclosure.com

Open Question: Are you giving real thought to this if the economy becomes worst?
Do you think it's advisable for most people to do some type of research for when eventually they lose their jobs and REALLY end up HOMELESS? This is not a joke. I'm not trying to be funny. I already have first hand experience in being jobless, losing home to foreclosure and ending up on the street w/ family in tow!!!!! I'm technically still homeless and the storm seems to be passing over already, but I still have a long way to go!
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Resolved Question: In the state of Florida is there judgment of deficiency after a foreclosure?

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Home Foreclosure Rescue Scam Ring Broken Up, Leaving Approximately … - Imperial Valley News
Home Foreclosure Rescue Scam Ring Broken Up, Leaving Approximately … - Imperial Valley News Posted by: in Foreclosure Home Foreclosure Rescue Scam Ring Broken Up, Leaving Approximately … Imperial Valley News, CA - 14 minutes ago “The defendants preyed on mostly non-English speaking, Hispanic homeowners who were in foreclosure, claiming to offer assistance in preventing the victims … Original Post By Google News Click Here For The Entire Article Buy and Sell Real Estate Without Payi
Source: onlineforeclosureinfo.com

Open Question: Should I rent a house in pre-foreclosure?
I am looking to rent a home but I dont know anything about pre-foreclosure homes. What does that mean? Whats the catch? Is it a good idea? we would probably only need a the house for one year
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Open Question: How do you pay for a foreclosed home?
Do you have to pay one lump sum when you make the purchase? Can you make monthly payments? Do you need to make a down payment? I don't understand how this foreclosure stuff works, I need some help.
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Open Question: I need the number to the "Bank of NY" to contact them about a foreclosure. Any leads would be great!
Thanks so much. All I have is the name but I can't find anything on them to contact about an abandoned house. it has already went up for auction and didn't sell. So I assume it is REO It is not listed with an agent.
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Open Question: In the process of purchasing a home that is pre foreclosure in NJ and need advice…?
In March we agreed to a purchase amount based on seller saying she could not accept any less to avoid short sale. Apparently the agreed amount still was not enough and it has been in the hands of the sellers bank to make a decision if they will accept agreed amount. With that being said, we have been out of "attorney review" for almost a month and the inspection has been done for 3 weeks. We still have not heard from the bank. I was searching realtytrac.com this evening and saw the property is listed as a pre foreclosure with the amount $11k more than what we are in contract to buy for (I am not sure if this is what is owed or what the home was appraised at). Looking for advice on where to go from here. Should we offer the $11k more or walk? First time buyer, love this house and think it is a great deal… I do have both a realtor and attorney. My attorney is extreemly familiar with foreclosures but usually works on the sellers end. He advised me that it can be a lengthy process and that if I was really interested in the house to go ahead and have the inspection…not only to show the bank that I was still serious about purchasing, but also to know that the house was worth waiting for. My agent is not experienced with the process and neither is the listing agent. She made no mention of the financial situation in the listing, and the sellers attorney is almost completely non-responsive which may be because he may not get paid. And yes…my interest rate has already expired and gone up with my second round of locking it. Very frustruating.
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Tags: foreclosure, home equity loan