First of all, it is not clear, if you are a realtor who helped a buyer to purchase a home for a FSBO. Or is this a consumer who dealt with a FSBO? Both are unclear. Since you purchase the home without a licensed realtor. You may run into many issues such as this one. (FSBO-For Sale By Owner)
Now that you are in this present condition and have not resolved any matters in regards to the home. It seems you may need to do research on the property at the Dallas County Appraisal Office and see who is listed as the owner of the house.
Title Company generally don't let you hang this long, had a licensed realtor was hired. You may want to contact the Title Company and find out what is going on with the house.
Unless there are issues on the house such as lien on the property or property may be in a probate court and there may be issues on the house and it will not sell. Or it can be anything that would not allow the house to obtain a clear title. A title search may help, but it would cost money to obtain it from the title company. A Quit claim deed may be issued by an attorney in an attempt to cure the cloud in the property, provided that is the delay. Consult an attorney.
Title Policy is the instrument that permits ownership of the home and generally, an Real Estate attorney may be consulted to seek your information further. Attorney may assist in clearing the cloud in the title.
Unless you have been scammed and have been defrauded by FSBO. Then consult a real estate attorney on your legal matter. Even short sale may take a long time at the title company but this is now year 2014. I have many unanswered questions on this matter. I hope you resolved your matter. Good luck.... more
in todays time normal is different with all neighborhoods..but USUALLY the normal time before you see a contract is about 100 days on the market..then it can take 30-45days to close from the time you get the offer....If you are thinking of selling or buying please give me a call..Jennifer Fox, Fox Realtors, 817-401-9432... more
We have found that appraisers are looking at 3 month data instead of 6 month data as they have in the past. An appraiser told me that If a neighborhood has 1 or 2 foreclosures, they usually don't include those, but if it has several that usually means the neighborhod, as a whole, is distressed and they will include them. Are you closer to Coit or Preston? If you are currently working with a Realtor, they will be able to pull comps and tell you the make-up of the neighborhood.
Also, foreclosure or not, it's still important to pay attention to what your home has to offer vs. the competition. More upgrades, better condition, floorplan, location, etc...Homes priced right and staged do sell faster and at a higher price.
1. Search on www.dallascad.org for your property. Sometimes it will list approximate size there if your lot is square.
2. You can also refer to your survey if you have one, (alternatively you could purchase a new one.)
3. Measure it yourself for approximate size.
I hope this helps. If you need additional assistance please feel free to call me at 214-675-6992 and I'll assist you if I can.... more