Home Buying in 32223 : Advice

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Mark LeMenag…, Real Estate Pro in Lake Nona, Orlando, FL
Mark LeMenager answered:
Can a second mortgage bank intentionally hold up a short sale?
Yes. It's not at all uncommon for the second mortgage holder to mess up a short sale. Not what you want to hear I know, but it is what it is.
0 votes Share Flag Sat Feb 7, 2015 Home Buying in 32223
kuhnen, Home Buyer in Fort Worth, TX
kuhnen answered:
I am moving to Miami from Denver, CO. My family and I are looking to buy a new house in Broward County. Who are some builders that I can look to?
Pretty late, but here's a list of all the major Broward and Ft. Lauderdale builders and communities from newhomesource.com.

0 votes Share Flag Fri Nov 7, 2014 Home Buying in 32223
Gary Geer, Real Estate Pro in Antioch, IL
Gary Geer answered:
I am selling my home and trying to buy a foreclosure but the bank will not take a contingency offer. Is there anyway around this?
Banks want to eliminate inventory and don't want to wait. Anything can happen with a contingency and they would rather get the property off the books. I do know that some bank ... more
0 votes Share Flag Thu Oct 16, 2014 Home Buying in 32223
Cathy Lee, Real Estate Pro in 32233
Cathy Lee answered:
How long does the bank have to accept or reject our terms on a short sale? It has been more than 30 days since our offer was accepted by the owner.
1st question is the seller approved by the lender to short sale the property? Is the listing price approved by the bank? Is there 1 loan only? The key to buying or listing a short sa ... more
1 vote Share Flag Mon Sep 1, 2014 Home Buying in 32223
Ashley Stokes, Real Estate Pro in Jacksonville, FL
Ashley Stokes answered:
would a home in 32223 qualify for USDA mortgage?
Just to save you some time here is the direct website you need to search the property address. There maybe a small tip of Duval that may be covered but as a whole no.

http://eligibil ... more
0 votes Share Flag Sat May 11, 2013 Home Buying in 32223
Brian Mclogan, Real Estate Pro in 32257
Brian Mclogan answered:
Made an offer on a short sale, seller accepted it, 60 days later mortgage company wants seller to bring money to closing, seller and seller agent
If its not written in te contract them you may walk. If its worth it see if you can negotiate it down and pay the extra you need to finish the sale
0 votes Share Flag Wed Feb 6, 2013 Home Buying in 32223
Danbarnes47, Home Buyer in Jacksonville, FL
Danbarnes47 answered:
Do buyers have any rights in a short sale?
Don't get involved in a short sale with chase bank.. total SCUM-BAGS. liars nd thieves !!!!
0 votes Share Flag Thu Nov 15, 2012 Home Buying in 32223
Rosina Eisen…, Other/Just Looking in Jacksonville, FL
Rosina Eisenmann 904-482-8666 answered:
how much cost to build a house in florida?
Hi Ziv. A lot depends on what materials are being used in the construction. Is it a land/home package? Is it your land and you just need a Builder? Concrete or Frame? I work with severa ... more
1 vote Share Flag Mon Aug 13, 2012 Home Buying in 32223
Donald Price, Real Estate Pro in Orange Park, FL
Donald Price answered:
I put an offer in for a short sale, the bank approved it, and now after 90 days the sellers brother is making crazy demands. What are my rights?
Shortsale, Your rights are in the purchase and sale agreement. The brother has no say after the fact. I hope you used a Realtor that has training in short sales. The bank accepted your ... more
0 votes Share Flag Mon Sep 5, 2011 Home Buying in 32223
Mark Good, Real Estate Pro in Jacksonville, FL
Mark Good answered:
Is the bank obligated to sell a short sale home if they get an offer for the asking price? They are the only bank involved.
The short answer is NO and NO which is a shock to some people. The real decision maker is the holder of the loan. Usually it is not the bank as they are only the servicer of the loan ... more
0 votes Share Flag Sun Jun 12, 2011 Home Buying in 32223
Voices Member,  in
Voices Member answered:
I have submitted an offer on a short sale and the seller is not accepting any offer until he finds someone who will rent to him. What can I do?
Alma said it right - keep looking.

I'm sorry to say that if you really want this house you may need to wait until after the bank acquires it and even then there's no guaran ... more
1 vote Share Flag Wed May 11, 2011 Home Buying in 32223
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
Is it faster to process short sale transanction if you make a home loan from the lender who is the lien holder of the house on short sale.?
Hi Mau:

No difference at all. If there is 1 lender it will be slightly less than if there are 2 lenders.
By that I mean if a seller has a first say with Citi Bank and a Home Equity ... more
0 votes Share Flag Sat Jan 8, 2011 Home Buying in 32223
Sharon Alters…, Real Estate Pro in Fleming Island, FL
Sharon Alters (904) 673-2308 answered:
Is it possible to get 90% financing for a $500,000 home in Mandarin?
Good Evening Mr./Ms. Tottenham,

If your credit scores are excellent, then yes. At least it was possible a few months ago. We worked with a buyer who I believe got a 95% loan through ... more
0 votes Share Flag Mon Apr 5, 2010 Home Buying in 32223
Tita Garcia, Real Estate Pro in 32259
Tita Garcia answered:
If you do repairs while buying a home and the seller changes her mind about selling, do you get your money
It looks like you're asking a hypothetical question, or is it not? Like my fellow Realtors had mentioned, repairs need to wait until after you own the property, otherwise the liab ... more
0 votes Share Flag Mon Aug 24, 2009 Home Buying in 32223
Jason Lindsay, Real Estate Pro in 32205
Jason Lindsay answered:
What are my rights as a buyer?
Hi, Shortsales provide a unique opportunity for buyers these days. The drawback is they can take a long time to close and issues often do come up while you are patiently waiting to hear ... more
0 votes Share Flag Wed Jul 1, 2009 Home Buying in 32223
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I live in Tampa FL and I have a situation where I just bought a house off of short sale and the owner wanted

People often question why they need a real estate professional during a transaction....this is a PRIME example of the type of things that can happen when buyers are not well re ... more
0 votes Share Flag Fri May 1, 2009 Home Buying in 32223
jcs2000, Real Estate Pro in South Dakota
jcs2000 answered:
My husband and I are under contract on a bank owned home or (REO). We are having to deal with the bank's
The larger question is why you would want to sink money or purchase a property with mold and a leaky roof. There are plenty of bargains in this market that have neither issue. I would b ... more
0 votes Share Flag Sat Apr 18, 2009 Home Buying in 32223
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