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  You are here:  AllExperts > Real Estate > Home Buying/Selling > HUD Properties

Expert Profile: Steele V. Propp

Expertise:  I can answer most foreclosure related questions. Buying, selling, the process of foreclosure, Loss Mitigation, Short Sales, etc. Both for HUD and VA homes as well as conventional foreclosures. I work 100% in the Foreclosure arena, dividing my time equally between consumers going through foreclosure, people interested in buying foreclosures (investors and those looking for a home of their own for lesser cost), and with the lenders doing foreclosures. This unique three prong approach allows me to see all three sides of the typical foreclosure scenario. Our goal is to offer advice and create a win-win-win situation.

Experience in the area
19 years of bank owned housing experience.

Publications
Money Magazine, Real Estate Today and many newpapers, regional and national.

Education/Credentials
Foreclosure Specialist

Past/Present Clients
GMAC Mortgage, Horizon Management, and 43 other lenders involved in the foreclosure process.

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Something interesting about this subject that others may not know:  For those in the foreclosure process or about to enter it, there are often alternatives to losing the property. But time is of the essence. With each passing day, the alternatives can disappear. Act quickly to learn what choices you have.
Average Ratings
Prestige Points: 1260
Knowledge   9.85   Best of the best
Clarity of Response   9.98   Best of the best
Timeliness   9.82   Best of the best
Politeness   10.0   Best of the best
Number Of Questions
(in Past 24 Hours)
0
Max Questions to be Asked
(in 24 Hour period)
5
Total Questions
(since joining AllExperts)
161
Recent Reviews from Users
KnowlClarityTimePolitenessDate
10101007/23/08
1010101007/23/08
1010101007/21/08
1010101007/21/08
1010101008/03/08
User Comments
Very helpful and clear, thank you!
(Melissa on 07/23/08)
Thanks so much. that is exactly what I needed.
(Chris on 07/23/08)
Hello Steele, What a great answer! Thank you very much for your time and for this information. It is very helpful and I will definitely take your a
(Steve on 07/21/08)
Thank you so much!
(Connie on 08/03/08)
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Recent Answers from Steele V. Propp
2008-08-23  rate for cleaning foreclosed homes The amount is typically dictated by the asset management company/bank owner. What I have seen is $250.00 to $400.00 for a first time throrough cleaning and $50.00 to $100.00 for monthly cleanups after...
2008-08-22  REO and HUD Investing In starting out I really don't recommend that you go outside your area. Otherwise you are totally dependent on others and frankly there are alot of scammers out there. And Detroit is filled with foreclosures...
2008-08-17  equitable right of redemption First of all, I am not an attorney and second, I am not from the East Coast, so after some basic research I found about as much as you did. Not much. However, I do belong to a legal forum for real...
2008-07-23  Purchase a home Chris, When I teach my consumer classes on buying foreclosures this is a regular question. I tease them a bit but the fact is that there is no all encompassing information site on these properties...
2008-07-16  2 FHA loan - short sale To be honest I am not sure that this is true. Can't say I have seen any situations where someone had two FHA loans at the same time. It sounds like something HUD would do, however. I would go to the...
More Answers for "HUD Properties"


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