20705 : Real Estate Advice

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Chad Cox, Real Estate Pro in Sarasota, FL
Chad Cox answered:
I am an investor, where are your properties that are in need of improvement.
Several in the Sarasota Fl area
0 votes Share Flag Sun May 31, 2015 Crime & Safety in 20705
Armistead Co…, Real Estate Pro in Providence, RI
Armistead Covington answered:
Can i Buy a property without an agent?
In my opinion, with the scenario you have presented, you could buy the property independent of a realtor. I think you would be better off using a realtor. Buying a house is trickier tha ... more
0 votes Share Flag Tue Oct 7, 2014 Home Buying in 20705
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Prior to making an offer on a house I liked, I asked my realtor to contact the selling agent to get an idea on the offer the bank is looking for
Yes, of course. Keep in mind banks are trying to mitigate their losses and no seller (or agent of a seller) should ever negotiate a price without a written offer. Follow the comps and ... more
0 votes Share Flag Mon Aug 11, 2014 Foreclosure in 20705
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
please explain owner financed homes. What must I look for as a buyer in such a deal? Thank you, jay
Hi Jay,

Owner financed homes can be a great opportunity if you have credit challenges. Like a bank, you would draw up a mortgage note that is guaranteed by the house with the owner ... more
0 votes Share Flag Mon Aug 11, 2014 Home Buying in 20705
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
How do you solicit a FSBO for a listing?
Send them a hand written note expressing your interest and qualifications, or include them on your postcard mailings so they can see you are active in their area.
0 votes Share Flag Mon Aug 11, 2014 Agent2Agent in 20705
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
Help, do you have a list of banks that will do a short refi? Dee
Hi Dee,

Approach your bank for options. The actual lender on your home will determine if you are eligible. You'll also want to connect with a local Realtor/Short Sale Specialist.
0 votes Share Flag Mon Jul 29, 2013 Home Buying in 20705
Brent Mendel…, Real Estate Pro in Rockville, MD
Brent Mendelson answered:
can lenders charge you 30 days of Daily Interest Charge?
FHA loans charge 30 days of interest regardless of what day of the month you settle. If you fund a conventional loan within the first 5 days of the month we as lenders can credit back t ... more
1 vote Share Flag Sat Dec 8, 2012 Financing in 20705
Patrick Thies, Real Estate Pro in Anytown, IL
Patrick Thies answered:
If a co-owner does a partition sale on a house, and house can't be sold for more than the mortgage, does the lender forgive the difference or do
You have a unique stituation here. If you are doing a partition sale, then I am going to presume that it was court ordered.

You would have to be in a financial hardship position in ... more
0 votes Share Flag Mon Apr 19, 2010 Home Selling in 20705
Kristina Mil…, Real Estate Pro in Baltimore, MD
Kristina Miller answered:
Loan Commitment FHA - First Time Homebuyer
I agree with Gary. Calling a local Realtor is a must. Buying a home without representation simply does not make sense in these turbulent times.

Good luck in your search.

Vladimi ... more
0 votes Share Flag Fri Dec 11, 2009 Financing in 20705
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