AboutDennis Herman Expertise I can answer questions on Real Estate such as question on writing an Offer to Purchase. What can go wrong after an offer is written? What is Buyer Agency and what will it do for me? What is a foreclosure? What is the difference between a foreclosure, a bank owned property and a short sale? What is the best way to locate a property? What steps can be taken to avoid foreclosure? How do Real Estate Agents get paid? How can I quickly build equity in a home? How do I view homes? What types of homes will have the best prices? How do I choose an agent? What types of financing are available?
Experience Residential and commercial real estate. New home purchases. Buyer Agency. First time home buyers. Foreclosures, bank owned properties, estate sales and short sales.
Organizations Greater Milwaukee Realtors Association
Wisconsin Realtors Association
National Association of Realtors
Publications http://activerain.com/bloghome
Education/Credentials State of Wisconsin Licensed Real Estate Sales Agent
Accredited Buyer Agency Training
Relocation Training
Certified Senior Citizen Representative
Wisconsin Real Estate Continuing Education
Question Can you still file bankruptcy (Chapter 7) after your home has been foreclosed? We have another home that we are current on payments and the other is in foreclosure due to foreclose on June 2 but lender has approved short sale, we're just waiting on buyers. We have other serious legal issues that have arisen that we are just waiting to be resolved or we would have filed bankruptcy already. But if we are sued, we wanted to file everything in the bankruptcy. (both houses) Your help is greatly appreciated. Thank you!
Answer I would hope you are filing with the aid of an attorney. Your attorney has the ability to read and give you advise based on the contracts and loan agreements you have with your lenders. I an a licensed Real Restate agent. My expertise lies in marketing.
You may want to ask your attorney about the possibility of selling your property. Your attorney can explain the advantages you may have with a short sales verses a foreclosure. As a business model I will only deal with short sales if the client has already discussed the matter with an attorney who is licensed to know the law and the updates. These days there are many updates.
If you are looking for a Real Estate Agent here is a link covering some of the points to consider when interviewing an agent to represent you.
