Making An Offer On A Short Sale Home All Locations : Advice

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Bcspabliss, Home Buyer in Rancho Cordova, CA
Bcspabliss answered:
Is it ethical for your agent who had 2 mo to ss your home, sold at auction and t ... 's agent ( to his clients) on the home 2 weeks? ...
* I meant in question, home sold at auction and became buyer's agent to his clients on the home in less than two weeks from auction. They semi/flipped in one week and had open house th ... more
0 votes Share Flag Wed Apr 10, 2013 Foreclosure in Rancho Cordova
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
I have an agent that helping me look for a house ,it has been 2 months now we didnt get any offer accepted ...
You don't need more then one agent. What you should do is make offers based on the past 6 months comps and what you truly feel it's worth based on other similar homes you have viewed. ... more
0 votes Share Flag Thu Apr 18, 2013 Home Buying in Los Angeles
Sloan Yorek, Real Estate Pro in Fort Worth, TX
Sloan Yorek answered:
I am a first time buyer with a credit score of 667 experian with 33% debt ratio recently had to buy new c ...
I'd recommend speaking with DeAnna Morgan with Benchmark, she can probably work with this... 817-944-8094 or DeAnna.Morgan@benchmark.us
0 votes Share Flag Thu Feb 6, 2014 Home Buying in 76137
Frederic Din, Real Estate Pro in El Centro, CA
Frederic Din answered:
What are the factors that could affect the current market and once again make it a buyer’s market instead o ...
HI Rick, thank you for asking your questions on http://trulia.com

I appreciate your question and agree that many believe the banks/lender/investors are holding foreclosed properties ... more
0 votes Share Flag Thu Apr 11, 2013 Market Conditions in El Centro
Bill Mccord, Real Estate Pro in San Jose, CA
Bill Mccord answered:
Clean history perfect credit score pre-appr $800K but can't find decent homes in Evergreen, San Jose. Not disappointed but worried abt
This is the Free Market in it's most perfect form. Housing is a Commodity where there is currently more Demand than Supply. (At least in Silicon Valley)
Sellers sensibly sell to the be ... more
0 votes Share Flag Tue Apr 8, 2014 Home Buying in Evergreen
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Where do I go for expert advice with purchase of a short sale/foreclosure?
We have heard this senario hundreds, maybe thousands, of times in the last few years:
If the Bank says it will 2 months; it probably will be 5 months. I have seen a year!
Up to you: I ... more
0 votes Share Flag Sun May 18, 2014 Foreclosure in 60616
Kylee Roe, Real Estate Pro in Sacramento, CA
Kylee Roe answered:
I have really bad credit but a good rental payment history.
Your ability to obtain a loan will require good credit-score of 640 or so, and low enough debt to income ratio (showing your willingness and ability to repay the lender). Good rental pa ... more
0 votes Share Flag Tue Apr 16, 2013 Financing in Sacramento
Jory Blake, Real Estate Pro in Riverside, CA
Jory Blake answered:
Question about rent-back option in listing.
Yes! I specialize in this area of Real Estate and have published blogs ( http://riversidehomesales.blogspot.com/2013/03/moveuphomepurchaseriverside.html) specific to this topic.

In C ... more
0 votes Share Flag Sun Jun 16, 2013 Home Selling in Temecula
Sandra Lehto…, Real Estate Pro in New Ipswich, NH
Sandra Lehtonen answered:
If one is facing foreclosure, what other options do they have?
Hi Alison,

Thank you for writing in. This is a great question. There are a few options available to the homeowner who is facing foreclosure. They are as follows:

For a temporar ... more
0 votes Share Flag Mon Apr 14, 2014 Foreclosure in Potrero Hill
Susan Gouldi…, Real Estate Pro in Tracy, CA
Susan Goulding, 01490605 answered:
I make 42k a year what can I afford
Great questions that a fantastic lender can answer. There are a lot of variables when making the determination of how much you can afford. It depends on your credit score, other expense ... more
0 votes Share Flag Mon Apr 8, 2013 Home Buying in Tracy
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Is it possible to purchase a home that is in the foreclosure process? According to Zillow, the owners ha ...
Understand that the owner must pay off the mortgage that is owed on the property and any liens to be able to sell it. Are you saying that you would offer enough to pay off the loan and ... more
0 votes Share Flag Wed May 21, 2014 Home Buying in Waukesha
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
Prospective buyer in Palm Beach County Florida. Contacting owners in pre-foreclosure?
The short sale lender will require that the property be listed (and for reasonable market value). Who will negotiate the short sale?
0 votes Share Flag Sat Apr 6, 2013 Home Buying in Palm Beach County
Dave Blockhus, Real Estate Pro in Los Altos, CA
Dave Blockhus answered:
I'm looking for a real estate agent who specializes or works with finding foreclosures?
Denise,

As the market improves, foreclosures are less likely to occur. I suggest you find an agent who knows the area to find you the best deal possible
0 votes Share Flag Mon Apr 8, 2013 Foreclosure in Mountain View
Mike Kruse, Real Estate Pro in Las Vegas, NV
Mike Kruse answered:
How do you know the real price of a property?
Unfortunatly in the current market you need to place your highest and best offer. If you are financing and the property is less than 200K, expect to be outbid by a cash offer. The sell ... more
0 votes Share Flag Wed Jun 4, 2014 Home Buying in Las Vegas
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
I have a property with an upside down mortgage and would like to sell it. What are my best options?
If you do not have the cash to pay off the balance after a sale, a short sale may be best. You should start by hiring a local and experienced listing agent who can help you obtain the v ... more
0 votes Share Flag Wed Dec 3, 2014 Home Selling in Chicago
Deborah Rigs…, Real Estate Pro in 27705
Deborah Rigsbee Miller answered:
What are some reasons why an FHA appraiser might require repairs?
M2aj - I am in the NC Market, but I have had appraisers for a FHA loan require flooring be repaired, windows be painted (and I even painted the exterior of the windows) to get this comp ... more
0 votes Share Flag Fri Apr 5, 2013 Home Buying in Oakland
Paris L. Smi…, Real Estate Pro in Plainfield, IL
Paris L. Smith answered:
is house still for sale?
Hi Ziad,

Yes. The property is still on the market for $199,900. However, it is a short sale and is currently already under contract. It's only been on the market a total of 6 days ... more
0 votes Share Flag Fri Apr 5, 2013 Home Buying in Plainfield
Carol Bauza, Real Estate Pro in Orlando, FL
Carol Bauza answered:
home buying/mortgage help
Thanks for turning to Trulia for your real estate questions....

I can only answer for myself but I have covered all of the areas you mentioned and then some.
Your search will depend ... more
0 votes Share Flag Fri Apr 5, 2013 Home Buying in Orlando
Melissa Mcco…, Real Estate Pro in San Ramon, CA
Melissa Mccollum answered:
We are first time home buyers , just wanted to check who are reputable mortgage lending banks in the marke ...
Those are really good places, you can also go through a mortgage broker that can place you with a bank that fits your needs as well. Your realtor should be able to help you with that! H ... more
0 votes Share Flag Sun Aug 25, 2013 Home Buying in San Ramon
Gil Faust, Real Estate Pro in Oakland, CA
Gil Faust answered:
In a dream world, is it possible to offer and complete on a property in 14 days?
It would be very difficult to complete the mortgage process from beginning to end in 14 days. To best prepare yourself for a quick close, you should get completely pre approved, subjec ... more
0 votes Share Flag Thu Apr 4, 2013 Home Selling in Oak Center
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