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

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Showing results for Making An Offer On A Short Sale Home [Clear search]
Jennifer Pet…, Real Estate Pro in Portland, OR
Jennifer Peterson answered:
Would you describe Portland currently as a Buyer's Market, Seller's Market or a Balanced Market?
According to housing inventory stats, a balanced market is 6 months of inventory. Average inventory levels in the Portland Metro area are much lower, which puts the market as a seller' ... more
0 votes Share Flag Sun Apr 21, 2013 Market Conditions in Portland
Shanna Rogers, Real Estate Pro in Murrieta, CA
Shanna Rogers answered:
Short sale with Chase
Hi Julie,

Since you're the buyer, your agent can't contact Chase - only if your agent is also the listing agent. Chase will only talk to the seller and their agent (the listint agen ... more
0 votes Share Flag Tue Sep 3, 2013 Home Buying in Clearwater
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
How much can a home seller (for sale by owner) negotiate with buying agent?
What are you trying to negotiate? Sales price? Repairs? Commission?
0 votes Share Flag Mon Apr 1, 2013 Home Selling in 33029
Jackie  Krem…, Real Estate Pro in Hanover, MD
Jackie Kremer Grove answered:
Short sale. 6mo later we get a counter offer from the bank on the short sale house we are intereste ...
The pricing is set not only by the market but also by the investors who own the loan, the type of financing and balance owed by the owner on the note. There may be more then one loan al ... more
0 votes Share Flag Mon Apr 22, 2013 Foreclosure in Anne Arundel County
Junaid Bashir, Real Estate Pro in Mclean, VA
Junaid Bashir answered:
We don't have a lot of money for a down payment. Probably only 20K does that mean we can't buy?

Lot of lenders require 3% or more and there are few lenders that can offer 100% finance, but they have requirements.

I can setup you up with an experienced loan officer to get ... more
0 votes Share Flag Thu Mar 5, 2015 Home Buying in 20147
Cindy Caskey, Real Estate Pro in Virginia Beach, VA
Cindy Caskey answered:
What are the 3 most important factors you would take into consideration when selecting a real estate pr ...
I think it is important that you LIKE your Realtor. You will have to have many discussions with him or her and will be spending time on very important decisions so having a good connect ... more
0 votes Share Flag Wed May 6, 2015 Home Selling in Virginia Beach
Matthew Long, Real Estate Pro in Scottsdale, AZ
Matthew Long answered:
We are thinking of buying a home in north Scottsdale and renting it out for a few years until we retire an ...
Dear Sir/Ma'am-

I recommend you buy now rather than later. As in investor and realtor, I rent my properties for 6 months through the summer months and always double down for x2 rent ... more
0 votes Share Flag Fri Apr 11, 2014 Home Buying in North Scottsdale
Jesus Soto, Real Estate Pro in San Antonio, TX
Jesus Soto answered:
I am really considering buying a home in the San Antonio area.
You came to the right place.
I can certainly help you and have a great powerpoint presentation to email you.
Your search starts in two parts.

Call/email/text me for more details ... more
0 votes Share Flag Mon Apr 1, 2013 Home Buying in San Antonio
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
Seller has a mortgage so can't do a CFD. Seller is offering a lease. I'd like to "rent to o ...

Any good real estate lawyer can do the paperwork. There are two documents--a pretty standard lease and a customized option. Each one is different, but generally the option spec ... more
0 votes Share Flag Mon Apr 15, 2013 Home Buying in Minneapolis
Brenda Sanfo…, Real Estate Pro in Mesa, AZ
Brenda Sanford answered:
First time home buyer HUD 580fico
Hi Brenda,

Great name.

First thing you would need to do is talk to a lender.

Please call me and I will give you a couple names to talk to.

Brenda Sanford
Sun Canyo ... more
0 votes Share Flag Wed Jul 10, 2013 Home Buying in Mesa
The Medford…, Real Estate Pro in Fremont, CA
The Medford Team answered:
How can I get access to the foreclosure houses? There is very limited images and data about those houses.
There are many prices on the internet showing prices for “foreclosed” homes – in reality, most of these are ads for foreclosure data companies. If the property you ar ... more
0 votes Share Flag Sat Mar 30, 2013 General Area in 94582
Dave  Skow, Real Estate Pro in Seattle, WA
Dave Skow answered:
Are there no money down loans for first time home buyers?
no , not unless you are eligible for a VA loan
0 votes Share Flag Thu Feb 20, 2014 Home Buying in 98103
Judi Monday,…, Real Estate Pro in Green Valley, AZ
Judi Monday, CRS answered:
Does an approved short sale mean that the bank will accept the listing price?
Not necessarily--it typically means the homeowner's lender has determined that they qualify for a short sale. Once an offer is on the table the lender will determine if the priced offe ... more
0 votes Share Flag Fri Mar 29, 2013 Home Buying in Pelham
Javier Menes…, Real Estate Pro in Great Neck, NY
Javier Meneses answered:
Who normally pays for the closing costs, seller or buyer?
Well typically closing costs are the buyer's responsibility. Though the seller has their own closing expenses they're responsible for, buyers are also responsible for their ow ... more
0 votes Share Flag Thu Oct 2, 2014 Home Buying in 07044
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
I'm a first time home buyer in Tampa, FL, what advise can you give me for it not to be stressful on my part? ...
Sam start by getting prequalified with a local and trusted loan officer and hire a good buyer broker who will guide you through each step of the buying process. Havuing a good buyer bri ... more
0 votes Share Flag Sun Aug 30, 2015 Home Buying in 33609
Saul Garcia, Real Estate Pro in Chicago, IL
Saul Garcia answered:
I have a low-average credit score but an excellent paying job and only 9% debt to income ratio...
Check out Neighborhood Housing Services for a loan and down payment assistance.
0 votes Share Flag Sun Aug 4, 2013 Home Buying in Chicago
Robert Finger, Real Estate Pro in Santa Ana, CA
Robert Finger answered:
if buying a home of $340,000 what and how could i get the lowest monthly payment possible
There are different ways to go your options will be better known after you get pre approved. To get approved you have to get credit ran to determine fico score, liabilities, consumer de ... more
0 votes Share Flag Thu Mar 28, 2013 Home Buying in Long Beach
Rachel Best, Real Estate Pro in Annapolis, MD
Rachel Best answered:
IF the seller wants to add a kick out clause shouldn't they provide proof of another offer to the curre ...
When working as a buyer's agent I would certainly ask for evidence on behalf of my buyer client BUT the standard MD kick-out clause addendum specifically states the seller does not ... more
0 votes Share Flag Wed Mar 27, 2013 Home Buying in Annapolis
Guy Gleason, Real Estate Pro in Los Angeles, CA
Guy Gleason answered:
Sorry, I mean to say Sellers Agents and not Buyers Agents.
HI Pathmasiri

i figured you meant sellers agent.
me being a listing agent ( sellers agent ) here is what i know .
Inventory is scarce right now,,so the element of "supply and deman ... more
0 votes Share Flag Wed Mar 27, 2013 Home Buying in Marina Del Ray
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
does anyone have a recommendation on a person who can guide me through purchasing a home at auction in Santa ...
I work with buyers and investors who buy at auctions. There are different types so your answers depend on which auctions we approach.
0 votes Share Flag Sun Mar 31, 2013 Home Buying in Santa Clara County
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