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Malinda Trim…, Real Estate Pro in Green Bay, WI
Malinda Trimberger ABR CRS GRI answered:
We were supose to close on our house on May 31st but the bank that is selling it (forclosure) is not ready yet? What rights do i have?
Discuss your options with your agent ~ keep in mind, they cannot give you legal advice, you would need to contact an attorney. If you want the house, you will have to work with what yo ... more
0 votes Share Flag Wed Jun 15, 2011 Home Buying in Green Bay
Matthew Norem, Real Estate Pro in Green Bay, WI
Matthew Norem answered:
we were supose to have our closing on May 31st (2 weeks ago) and the bank is not finished yet. What rights do i have?
Is this a short sale? Foreclosure? Fair market sale? Do you have a financing contingency? Did you provide notice of satisfaction of that contingency? Have you spoken with the lende ... more
0 votes Share Flag Tue Jun 14, 2011 Foreclosure in Green Bay
Brian French, Real Estate Pro in Beaver Dam, WI
Brian French answered:
Hello--I was wondering what is the best way to get into the real estate business as an agent? What schooling is required/advisable?
I teach the real estate course, but I like Tina's answer the best. If you have questions, feel free to contact me
0 votes Share Flag Sun Apr 3, 2011 Market Conditions in Green Bay
Linda S. Cef…, Real Estate Pro in Oak Creek, WI
Linda S. Cefalu answered:
are there any spanish speaker lenders in Greenn bay?
Karina,

Try this link.

www.wheda.com/root/WorkArea/linkit.aspx?LinkIdentifier=id

copy and past in url and hit enter
0 votes Share Flag Thu Sep 23, 2010 Market Conditions in Green Bay
Duane Murphy, Real Estate Pro in Appleton, WI
Duane Murphy answered:
I'm new to real estate investing. Like to focus on rehab and have some questions. What are some ways for me to get good estimate on repairs?
Choua- Most contracters will give you free estimates. The main thing to focus on when selecting those contracters is not only price but also if they have references that prove that they ... more
0 votes Share Flag Mon Jun 7, 2010 Tech Tips in Green Bay
Craig Amunds…, Real Estate Pro in Green Bay, WI
Craig Amundson answered:
any one know of a bpo appraiser in green bay, wisconsin?
If your looking for a brokers price opinion I can help you with that, I have been doing them for over 25 years in the Green Bay market area.
0 votes Share Flag Tue May 25, 2010 Foreclosure in Green Bay
Polly Briley, Real Estate Pro in 28607
Polly Briley answered:
Confused on short sale
Jules, Nan is right about anything can happen. We just had a similar situation with a short sale I am handling. It turns out an appraiser came in with a value more in line with the list ... more
0 votes Share Flag Thu Apr 1, 2010 Home Buying in 54302
Dp2, Other/Just Looking in Virginia
Dp2 answered:
I'm new to real estate investing and am looking for a Realtor to work with. Can anyone here help me with questions I should/need to ask the?
Don't forget to ask for references from several investors who purchased deals with them.

Also check out some of the REI clubs in your area (or in the areas where you plan to inv ... more
0 votes Share Flag Wed Mar 31, 2010 Tech Tips in Green Bay
Grace Morioka…, Real Estate Pro in Sunnyvale, CA
Grace Morioka (408-426-1616) answered:
Do I need my own realtor?
Hello Jules and thanks for your post.

If you're the only buyer for the home and you're not located in an area where multiple offers are being submitted for homes, you can c ... more
0 votes Share Flag Sun Mar 21, 2010 Home Buying in 54302
Robert Chome…, Real Estate Pro in San Diego, CA
Robert Chomentowski answered:
Purchase agreement states conventional loan noe buyer wants FHA loan
FHA loans do not have and additional closing costs for sellers than conventional loans. Also, FHA loan appraisals are no more conservative than conventional appraisals. The same appra ... more
0 votes Share Flag Mon Dec 21, 2009 Financing in Green Bay
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
We have been working with a Realtor recommended by our insurance company but have found our perfect house FSBO
Keep in mind FSBO's are not always bargains--these sellers usually believe they can get more money since they are not paying a Realtor's commission--you do need your agent to ... more
0 votes Share Flag Mon Nov 30, 2009 Home Buying in Green Bay
Debi Prosek, Real Estate Pro in 54311
Debi Prosek answered:
What does Income qualified households(80% AMI) mean in real estate terms?
The area median income (AMI) is a statistic generated by the U.S. Department of Housing and Urban Development (HUD) for purposes of determining the eligibility of applicants for certain ... more
2 votes Share Flag Fri Sep 11, 2009 Home Buying in 54303
Sally Hanson, Real Estate Pro in New Berlin, WI
Sally Hanson answered:
We would like to put an offer on a short-sale home. How low should we offer?
We list and sell short sales and there IS a difference...or should be...between a home listed as a short sale and a traditional listing.....there is an inexperienced listing agent if th ... more
0 votes Share Flag Sun Aug 9, 2009 Home Buying in Green Bay
Cindy Leiter…, Real Estate Pro in Green Bay, WI
Cindy Leiterman answered:
what terms are involved when you buy a house by renting it to buy it?
Hi Trish,

I believe what you are refering to is what is known as a land contract. The terms of a land contract are negotiated between the buyer and the seller. The terms of the lan ... more
1 vote Share Flag Sun Apr 5, 2009 Home Buying in Green Bay
Scott Vollmer, Other/Just Looking in Green Bay, WI
Scott Vollmer asked:
Great info... thanks. Is there a lag time for MBS purchases to affect mortgage rates??? I think I read that there are a big majority of the govt. purchases of MBS's ($92 bn) that are on the NY books and not closed on the Fed balance sheets which are only showing $7.2 bn. Are…
0 votes Share Flag Wed Feb 25, 2009 Market Conditions in Green Bay
Team Mohs, Real Estate Pro in Wausau, WI
Team Mohs answered:
I closed on my home on march 28th of 2008 is there any grace period on this tax credit seeing I was 12 days
I have wondered this myself. I think you should contact a tax accountant to get the best answer.
In my readings about this it is something that needs to be repaid.
I think it is best ... more
0 votes Share Flag Fri Sep 26, 2008 Home Buying in Green Bay
Other/Just L…, Other/Just Looking in Fleming Fitch Grant,...
Other/Just Looking answered:
Changing Borrowers on a Mortgage
Lender answer:

You will need an Assumable mortgage.

Assumption is a process in which one or more new borrowers are added to an exisiting mortgage in place of one or more old bor ... more
0 votes Share Flag Mon Sep 22, 2008 Financing in Green Bay
Jeff - Ginny…, Real Estate Pro in Vero Beach, FL
Jeff - Ginny Mitchell answered:
What can be the expected projected profit after a home sale?
Call a Realtor or several in your area and ask your questions. You will pay Realtor fees when you sell but also don't forget title insurance for the buyer, possible state and local ta ... more
1 vote Share Flag Mon Sep 8, 2008 Home Selling in Green Bay
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