06360 : Advice

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tim moore, Real Estate Pro in Nags Head, NC
tim moore answered:
I have 2 questions. 1. Verification of funds in advance of cash offer with 2% deposit. 2. Is legal representation required, by law at cash sale?
First of all, yes there will be legal documents. The contract to purchase is a legal document which speaks to the earnest money and what price will be paid. Also the deed must be record ... more
0 votes Share Flag Sat Nov 22, 2014 Home Buying in 06360
Tiffany Holtz, Real Estate Pro in Appleton, WI
Tiffany Holtz answered:
Buying a house,negotiation...
In WI it is not only unethical but against state law to tell a buyer that their other offers on the property when there are not.

They can say:

a. we have written activity
b. we ... more
0 votes Share Flag Tue Jun 24, 2014 Home Buying in 06360
Tiffany Holtz, Real Estate Pro in Appleton, WI
Tiffany Holtz answered:
I need advice please!
A.) You could lose out if you start to low b/c another buyer could start higher
B.) You could insult them and have them straight out reject your offer
C.) The seller could counter bac ... more
0 votes Share Flag Tue Jun 24, 2014 Home Buying in 06360
AaronJames P…, Real Estate Pro in Brooklyn, CT
AaronJames Puzzo Kerouac answered:
FHA loan program
Look Casanova,

What you want to do is get hookuped up with a 203k specialist asap. I love working with FHA 203k candidates because its really a great way to have instant equity in y ... more
0 votes Share Flag Tue May 13, 2014 Home Buying in 06360
Laura A. Fri…, Real Estate Pro in East Lyme, CT
Laura A. Frisch answered:
can i get a person loan with a 608 credit score?
You may qualify to be considered a loan with a 608 credit score but getting a loan is more than just your credit score. The lender will look at why your score is 608, when was the las ... more
0 votes Share Flag Sat May 18, 2013 Credit Score in 06360
Richard L. S…, Real Estate Pro in Portland, OR
Richard L. Sanderson answered:
When re-evaluation comes again in Norwich, will the Tax Assessor readjust and devalue our properties proportionally to their current market values?
As Anna Brocco suggests, start by contacting the assessor's office. The key deciding factors for determining whether real estate assessments go down, stay the same, or increase are: (1) ... more
0 votes Share Flag Sun Feb 24, 2013 Market Conditions in 06360
J.M.Halcrow, Home Owner in Norwich, CT
J.M.Halcrow answered:
Closing cost
Well, the attorney's fees is about $700, the title insurance $1,000, search $250, recording fees at town hall $150.
Aprox. that we experienced at Cicchiello and Cicchiello(lawyers offi ... more
0 votes Share Flag Sat Sep 1, 2012 Home Buying in 06360
Dan Ross, SFR, Real Estate Pro in Southington, CT
Dan Ross, SFR answered:
HELP ME NEGOTIATE.
Maria,
You will NOT lose your earnest money. You have a legal right to back out of this deal, and the deposit will be refunded. Ask your mortgage broker if the appraisal has been don ... more
1 vote Share Flag Mon May 11, 2009 Home Buying in 06360
Lisa OConnell, Real Estate Pro in Fredericksburg County,...
Lisa OConnell answered:
What is the average length of time single family homes are on the market in the Norwich, CT area?
Jennifer,
I did a look at the MLS for the start of the year from 1/01/09 to present 3/25/09. 32 homes sold as opposed to 49 in the same time frame 1 yr. ago. The avg. sq. ft. was 1,4 ... more
0 votes Share Flag Thu Mar 26, 2009 Market Conditions in 06360
J, Real Estate Pro in Greensboro, NC
J answered:
Seeking advice, suggestion in buying a house.
The best advice I can give is PLEASE, PLEASE stay within your housing budget ($200,000 or less) first and foremost. If you are going to incorporate your closing cost which can be aroun ... more
0 votes Share Flag Thu Nov 13, 2008 Home Buying in 06360
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