Hmmmm, do you think you need to ask a Realtor that question.
Lesson one in home buying is to speak to a lender to see if you can get a mortgage. You would sit with a lender and go through your financial situation and get your answer. Then, if you can get a pre approval work with a Realtor to find a home. When you say bad credit, it is hard to know how bad.
Good luck... more
You don't want to know average Taxable which is capped by inflation. Rather you need to find the average Assessed value if you want to know your potential tax bill. Call the local assessor or drop by the City/Township office and ask to look at the assessment roll for that neighborhood. I would also assume the county has an online lookup for assessment records, but that may be a fee service.... more
Many of these questions are better directed toward your Realtor. As a matter of definition, the bank becomes the seller in a short sale. So, you need to work out with the bank if you need to make a contribution to the process. Otherwise, the bank pays for the agent's commission if the short sale is approved and a sale is closed. If you continue making payments, it certainly helps to get the bank to approve your short sale and allow the process to move quicker. Plus, you minimize the impact on your credit rating. Of course, whether you continue paying depends on your ability to pay as well.... more
Anyone hearing this would say that there are communication problems here:
You have a Buyer's Agent representing you for a reason; you need to stick with him.
If you are in a "back-up" position, it is because your offer evidently did not get to the Seller in time, or, the other offer was superior.
It either case, only a written offer will matter.
At this point, you need to either wait to see if your offer will carry you, or, you need to move on to another house.
Good luck and may God bless... more
I'm assuming that there was a purchase price on the Land Contract when it was written? If so, those are the terms you agreed upon at the time. The land contract holder is under no obligation to accept less than the agreed upon price on the land contract. How long of a land contract did you sign? Has there been an appraisal on the property? In regards to the issue about the bedroom, you knew when you bought the property that the main room did not have a closet. If you want furter advice please contact a real estate Attorney, they can best advise you of your legal rights.
Karen Paytas, GRI, CMS
Real Living Kee Realty
Adrian - if you are asking us to help with the wording that would require an attorney to write. If you are working with a buyer's agent in one of the larger firms such as my company then they have legal access that could do this for you. While we could easily write the wording, we have to be very careful so that we do not violate our State Real Estate Commission's Guidelines and leave the legal writing to the attorneys.
I hope this is helpful.
Deborah Rigsbee Miller, Real Estate Broker
Coldwell Banker Howard Perry & Walston... more
Do we know what about it, in particular?
This is probably a question better addressed to your buyer agent.
If you don't have one, consider using one.
We're free and would be more than happy to review all sorts of figures and statistics regarding the sales history of this development.
Check my website below if you need help.... more