30309 : Real Estate Advice

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thinz, Real Estate Pro in Allenhurst, NJ
thinz answered:
How long does it take for bank of america short sales? I was just informed that the seller has an FHA Loan which disqualifies them from using Equator.
If you have one loan, on average it will take 3-4 months. The equator process is actually not as slow as you think...the problem is that many agents do not know how to effectively mana ... more
0 votes Share Flag Mon Oct 26, 2015 Home Buying in 30309
jennifer.fri…, Home Seller in Los Angeles, CA
jennifer.friese asked:
How do I remove photos of my house?
0 votes Share Flag Thu Jun 25, 2015 How To... in 30309
Leslie, Other/Just Looking in Atlanta, GA
Leslie answered:
My spouse and I are planning to move in mid-late September. I have been researching desirable (and most probable) areas of metro atlanta for us to
Hi Melissa,

I recommend that you start looking about 6 weeks to 2 months prior to your expected move date so that you have an opportunity to find just what you are looking for and w ... more
0 votes Share Flag Thu May 28, 2015 Rental Basics in 30309
dherleyloans, Other/Just Looking in New York, NY
dherleyloans answered:
Can we get financing if we are holding student visa (F-1)?
Do not use all of these Private Money Lender here, there are not legitimate and if they have a free email account tag i.e. yahoo, gmail, hotmail, live etc then they are not legitimate. ... more
0 votes Share Flag Sat May 9, 2015 Financing in 30309
Simon Watson, Real Estate Pro in Walnut Creek, CA
Simon Watson answered:
How do I list a home on Trulia?
One way for sale by owners to show up on the Trulia listings is to
post it on a web site called FIZBER.COM, it will show up on Truila within 24-48 hours

Simon Watson
Keller William ... more
0 votes Share Flag Fri Apr 24, 2015 Home Selling in 30309
Todd Schneid…, Real Estate Pro in Northridge, CA
Todd Schneider answered:
Signed the contracts for a short sale in July, offered full asking price and was told that we are 'verbally approved' by the bank. Still waiting -
I agree with the others. The agent has no control over this process. All they can do is try to provide updates to you. Until the bank accepts the short sale you will have to keep waiti ... more
0 votes Share Flag Mon Dec 15, 2014 Home Buying in 30309
Deb Stephens, Real Estate Pro in Atlanta, GA
Deb Stephens answered:
We are looking to purchase or rent a condo in-town or midtown Atl. Can you offer advice on best realtor for this area?
Hi Lee, I live in midtown and know the market very well and would love to talk. Give me a call at 678-596-4385. Deb
0 votes Share Flag Thu Jul 31, 2014 Home Buying in 30309
"Brenda Lee" Foster answered:
Need advice on where the best areas in Atlanta and Texas are for multifamily passive cash flow properties
Happy Memorial Day, B3D Investors!

By now you probably have lots of experience! So just wanted to know if you are still interested in the Atlanta, GA market for multifamily homes! ... more
0 votes Share Flag Sat May 24, 2014 Home Buying in 30309
LaShonda Sol…, Real Estate Pro in Marietta, GA
LaShonda Solomon answered:
How long does a short sale through Wells Fargo take? Seller had not been behind in the payments but has a "Letter of approval for short Sale
Hi Monica,

A seller does not have to be behind on mortgage payments in order to qualify for a short sale. In my experience facilitating short sales, Wells Fargo is one of the better ... more
0 votes Share Flag Fri Oct 18, 2013 Home Buying in 30309
Natalie Kell…, Home Owner in Atlanta, GA
Natalie Keller Williams answered:
What would be good areas to live when working in midtown ?
Wow what a move.. that's awesome!! Welcome to ATL (in advance) :)
I remember when I moved from South America to here.. what an experience!!

Georgia is a great place to live. There ... more
0 votes Share Flag Thu Dec 20, 2012 Home Buying in 30309
David Herren, Real Estate Pro in Atlanta, GA
David Herren answered:
What is my situation after graduation?
Ali,

As a Realtor I cannot give legal or financial advice. You should consult an attorney or accountant who is familiar with real estate investments by non-citizens. Once you are c ... more
0 votes Share Flag Thu Dec 13, 2012 Home Buying in 30309
David Herren, Real Estate Pro in Atlanta, GA
David Herren answered:
How long does it typically take for Wells Fargo to draw up a contract after a buyer accepts the counter-offer? How long to close?
Tina,

Sounds like you are not getting very good information about the short sale process. For instance, you should not have done your inspections without a written acceptance of you ... more
0 votes Share Flag Thu Dec 13, 2012 Home Buying in 30309
Lisa Allen,…, Real Estate Pro in Roswell, GA
Lisa Allen, Buyers and Sellers answered:
I put in an offer on an approved short sale with Wells Fargo Bank. Was told that my offer was a back up offer and wouldnt be presented to the bank
If the seller has an experienced Short Sale Specialist in place, the process should be very easy and relatively 'quick' as far as short sales go. The problem that you are facing is that ... more
0 votes Share Flag Thu Aug 16, 2012 Home Buying in 30309
Caroline York…, Real Estate Pro in St Petersburg, FL
Caroline York Mortell answered:
Is it an ethics violation to ask a seller to re-negotiate when a verbal agreement has been made?
Should not have any problems. Have your agent put it in writing. Explain that after revewing your financial picture the verbal offer may not work so you are asking them to consider th ... more
0 votes Share Flag Sat Aug 4, 2012 Home Buying in 30309
Rodney Mason, Real Estate Pro in Atlanta, GA
Rodney Mason answered:
Owner financing and refinancing
I am not clear if you are the owner doing the financing or the buyer looking to finance the purchase. In order to do a refinance, you name has to be on title now. If you are purchasin ... more
0 votes Share Flag Wed Jun 27, 2012 Financing in 30309
My NC Homes…, Real Estate Pro in Chapel Hill, NC
My NC Homes Team answered:
why would buyer's agent recommend to make a lowball offer in multiple offer situation?
I think you received bad advice from an inexperienced agent. Your agent may have been trying to impress you with their aggressive posturing on your behalf, but as you've learned it went ... more
0 votes Share Flag Fri Mar 16, 2012 Home Buying in 30309
Mark, Renter in Atlanta, GA
Mark answered:
Hello. Found a few properties in Atlanta, GA. One is a tear down, one is a lot. Looking for mortgage assistance to walk us through process. Thanks
Thanks everyone. We will definitely get in contact with you and see the best course of action. This information has been extremely helpful.

Bill for the credit clean up, is this leg ... more
1 vote Share Flag Wed Feb 8, 2012 Financing in 30309
J Craig Dodd,  in Atlanta, GA
J Craig Dodd answered:
What are the pros and cons of owning a quadraplex in Midtown? Also, if purchasing an older home (50-60 yrs
HI CK:

All of these are good answers. However, Midtown varies a lot by street and sometimes block by block. I have lived on 9th St for twenty years and values are still improving. We ... more
0 votes Share Flag Wed Aug 18, 2010 Home Buying in 30309
Lee Forbes, Real Estate Pro in Bradenton, FL
Lee Forbes answered:
what is a short sale?
Questions and Answers for Short Sale Buyers
1. Why would a Buyer consider a short sale?
Think of a short sale as a pre-foreclosure sale. You are purchasing from a very motivated selle ... more
1 vote Share Flag Sat Jul 31, 2010 Home Buying in 30309
Thom Abbott, Real Estate Pro in Atlanta, GA
Thom Abbott answered:
I would like to know if there are any review websites available from condo owners in Atlanta
Heather...most of the types of sites you are referring to would be "internal" or owner sites where they talk about the development, issues, etc that relate to the building. One good wa ... more
1 vote Share Flag Mon Mar 3, 2008 Tech Tips in 30309
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