Extend Closing All Locations : Nationwide Real Estate Advice

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Marie Barakat, Real Estate Pro in Carrollwood, MD
Marie Barakat answered:
What advice can you offer first time home buyers when starting our search?
My best advice to you would be to start working with a Realtor and Lender that you feel comfortable. Realtors are a free service to buyers and very helpful. They walk you through the en ... more
0 votes Share Flag Sat Jan 5, 2013 Home Buying in 33617
Ursula House…, Real Estate Pro in Navarre, FL
Ursula Householder answered:
What options do I have when buying a foreclosure with a deed not being recording and now the bank continually delays.?
If it is a good deal than patience is your best partner! As far as the deed goes, make sure you have good title insurance! Do not proceed if you can't buy it! If you are financing the p ... more
0 votes Share Flag Thu May 1, 2014 Foreclosure in 03110
Dale Weir, Real Estate Pro in Chesterfield, MO
Dale Weir answered:
The question relates to the communications an agent has with the seller regarding a short sale that has a second mortgage.
I'm sorry you have had a bad experience. Quite frankly, ever short sale I've done has been a bad experience, whether we got it to a successful closing or the bank put the home in forec ... more
0 votes Share Flag Sun Dec 16, 2012 Home Buying in Missouri
Kevin Rathbu…, Real Estate Pro in Naples, FL
Kevin Rathburn answered:
What are the pros and cons of selling your own house rather than using a real estate agent?
In every market and every economy, there are always home-owners that opt to market their homes "for sale by owner." As a real estate agent, I pay close attention to the market, includi ... more
0 votes Share Flag Wed Feb 5, 2014 Home Selling in Redevelopment Area
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
im in contract to buy, and was supposed to close on or about nov 1st the seller moved the closing date to d ...
Your questions can be accurately answered by your attorney, therefore consider a consultation; or review your contract as the answers may be found in the document....
0 votes Share Flag Tue Dec 11, 2012 Home Buying in Long Beach
Mark Bazzetta, Real Estate Pro in Chicago, IL
Mark Bazzetta answered:
Looking for an agent to assist in selling my 3br/2ba condo in uptown, with a tentative list date of Feb 1 2013.
Hi Troy. I live in Uptown and would love to sit down and discuss your goals. Our office is located close by too.

Thanks,
Mark
mark@markbazzetta.com
0 votes Share Flag Wed Apr 9, 2014 Home Selling in Uptown
Michael Hamm…, Real Estate Pro in Suwanee, GA
Michael Hammond answered:
Foreclosure coming on fast
Hindsight's always 20/20, hogwmfwa, but was there no way to get Wells, the Buyer, their Agent, your Agent, as well as you and your spouse together and somehow make that $15K payment to ... more
0 votes Share Flag Mon Dec 17, 2012 Foreclosure in Atlanta
Laquita Baez,  in New Jersey
Laquita Baez answered:
Buying without Broker
I understand your frustration and would like to extend my services to you as your buyer's agent.
It always best to seek your own representation because the listing broker represents th ... more
0 votes Share Flag Tue May 14, 2013 Home Buying in 08830
Ronald Culli…, Real Estate Pro in Austin, TX
Ronald Cullinan answered:
If a problem is found with the building's foundation during inspection, should the home buyer just walk away?
Not necessarily. It would depend entirely on the severity of the foundation problem.

If it is severe, a Professional Engineer should be hired to assess the situation and recommend ... more
0 votes Share Flag Thu Dec 20, 2012 Home Buying in Austin
Dave  Skow, Real Estate Pro in Seattle, WA
Dave Skow answered:
Will I lose escrow money if the house is not closed on time? What recourses do I have?
best thing to do ( in my opinion ) is to communicate with EVERYONE .....( seller / agents / escrow / title / lender ) regarding the issue and problem

PLUS :

Get a concrete ... more
0 votes Share Flag Sat Dec 8, 2012 Home Buying in 98034
Norma Perry, Home Buyer in Las Vegas, NV
Norma Perry answered:
What do you wish you knew before buying your first home?
Buy when I was first married in 1963 while prices were low and you got a lot for your money.
0 votes Share Flag Mon Dec 24, 2012 Home Buying
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Is it hard to buy a home using a VA loan in Ansonia, CT?
First of all; Thanks for Serving!

You will need to talk to the VA office to get your Certificate of Eligibity.
You should talk to the Navy Federal Credit Union about a loan, (they t ... more
0 votes Share Flag Thu Dec 6, 2012 Home Buying in Ansonia
Alyce Ayling, Home Buyer in Menifee, CA
Alyce Ayling answered:
Realtor required us to complete escrow in less than a month, a lot of contradictions as to why...
Continuation of the question: Our lender and realtor do not understand the reason for all the rush & neither do we. We were led to believe it was the "mean bank". But that doesn't m ... more
0 votes Share Flag Thu Nov 19, 2015 Home Buying in 90012
David Werfel,  in Lorton, VA
David Werfel answered:
Has any of you realtors ever heard of a settlement date being postponed 4 times? This is just a regular sale, I've had to push my storage unit
Yes! I am seeing some delays due to the Mortgage process. I have personally had delays for my sellers and/or buyers due to overloaded mortgage companies, buyers not providing needed i ... more
0 votes Share Flag Thu Apr 24, 2014 Home Buying in 20735
James Ponzi, Real Estate Pro in Aurora, CO
James Ponzi answered:
Couple of questions on short sales
Kristin,

Once the SS Addendum expires, the seller can go with another offer unless they extend with you. You always have the option of raising your offer to entice the seller to ext ... more
0 votes Share Flag Sun Dec 16, 2012 Home Buying in Denver
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
After my loan was FULLY approved, I received an email telling me that it got pul ... audit 4 days before closing!! Is this right? Legally ...
Lsavona,
I'm not an attorney, but I've heard of this happening before and I'm not aware of any law against it. A loan isn't finally really approved until it's funded and closed. I'v ... more
0 votes Share Flag Fri Oct 4, 2013 Home Buying in 90006
Sean Dougher…, Real Estate Pro in Fort Collins, CO
Sean Dougherty answered:
Quick Question on a SHORT SALE with Wells Fargo as the lender and a scheduled foreclosure date of 2/1/13
First off, you ahould be asking your agent these questions, as all short sales are different.

That being said, if there's an accepted offer, Wells will likely extend the sale da ... more
0 votes Share Flag Mon Dec 30, 2013 Home Buying in Denver
Chris Loelig…, Real Estate Pro in Redmond, WA
Chris Loeliger answered:
Short sale question: Have PSA that states must close in 35 days. Have approval letter from bank for a week after that 35 day mark.
I haven't seen your contract and every contract has its own intricacies. But, in general, based on the contracts written up on NWMLS forms here in the Seattle area, a seller can almost ... more
0 votes Share Flag Sun Dec 2, 2012 Home Buying in Seattle
Eli Schneider, Real Estate Pro in Los Angeles, CA
Eli Schneider answered:
Would I lose my escrow money if I unable to get a mortgage due to the property appraisal coming back as 'unique'?
Hi. I'm a REALTOR® with Keller Williams Larchmont. This is a tricky situation, and there are some important details that could swing this one way or the other.

1. Did you remove y ... more
0 votes Share Flag Tue Nov 20, 2012 Home Buying in 98033
Chris Harris…, Real Estate Pro in Las Vegas, NV
Chris Harrison answered:
I need to do inspection on the short sale I am buying, the seller has a tenant there and the process is stalling. What are my rights?
Yes, it is ok.

Unfortunately, this is starting to become a common theme. With Short Sales taking so long to close, and Sellers hurting for money. The owners technically still own th ... more
0 votes Share Flag Sat Nov 17, 2012 Home Buying in Las Vegas
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