Switching Real Estate Agents All Locations : Advice

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Bill Hays, Real Estate Pro in Encinitas, CA
Bill Hays answered:
Is this practice legal? Or is it a type of fraud?
Can't say one way or another, but he will quickly be making a name for himself as a seller of substandard homes.

The house you describe is the proverbial "lipstick on a pig ... more
0 votes Share Flag Wed Dec 1, 2010 Foreclosure in Los Angeles County
Nadim Aziz, Real Estate Pro in San Jose, CA
Nadim Aziz answered:
Once the seller accepts & signed an offer on a short sale. Can they still take in offers?
The standard Short Sale Addendum by default allows the seller to keep on accepting more offers. In this case, if another, better offer comes in, the seller has the right to accept that ... more
0 votes Share Flag Wed Dec 1, 2010 Home Buying in San Jose
Stacy Carter, Real Estate Pro in Roswell, GA
Stacy Carter answered:
Switching to private lender funds on an REO offer that was accepted as cash
I'm taking my best guess at this, but it seems to me, that you gave your buyers the option to fund it elsewhere, which is fine by the bank. In other words, the bank really d ... more
0 votes Share Flag Fri Oct 8, 2010 Foreclosure
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I believe the situation between my real estate agent and I is on the bringe of conflict of interest. What do ...
Have you had a discussion with your agent and expressed all your concerns--if not, consider having a chat-- if unsatisfied with your conversation, and no signed agreement exists, then c ... more
0 votes Share Flag Wed Nov 20, 2013 Home Selling in 85718
Gail Gladsto…, Real Estate Pro in 11743
Gail Gladstone answered:
How do I make improvements to the home I am buying without raising property taxes or having to get a CO?
You're asking Realtors this question? The answer is to file for work permits and get your C of O's and save yourself a lot of heartache and grief when you want to sell.

If ... more
0 votes Share Flag Fri Nov 11, 2011 In My Neighborhood in 11705
Cindy Jones, Real Estate Pro in Alexandria, VA
Cindy Jones answered:
Is it legal for a seller to list/sell/be under-contract on a home he hasn't purchased/closed on yet?
If you are represented by an agent have them talk to you about the issues. There are some disclosures that should have been in place at the time you went under contract. As a third pa ... more
0 votes Share Flag Sat Feb 19, 2011 Home Buying in Arlington
Pam Wehmeyer, Real Estate Pro in Rancho Cucamonga, CA
Pam Wehmeyer answered:
Any marketing advice for selling a high end home ($1 million plus)?
Hi, I'm a Fine Homes Specialist in Rancho Cucamonga and also a former residential appraiser. I have the expertise to determine what can and cannot add value to your home currentl ... more
0 votes Share Flag Mon May 19, 2014 Home Selling in Rancho Cucamonga
Lyle Wolf, Real Estate Pro in Rockaway, NJ
Lyle Wolf answered:
5 mth contract w/Realtor near expiration. Will changing realtors bring new marketing/buyers or is lowering price only way to sell in current market?
Review with your current agent all that has been done to market the home. Take a look at the MLS listing. Is complete with all the necessary information? What do the photos look like? D ... more
0 votes Share Flag Mon Jul 22, 2013 Home Selling in 19382
Fran Sakes, Real Estate Pro in Indiana
Fran Sakes answered:
Can my gf still put an offer for a condo through another agent instead of the listing agent?
Hmmm. Lots of questions...many different answers: First of all, any Realtor should be willing to sign a disclosure indicating dual-agency. That is: working for both parties. Promisin ... more
0 votes Share Flag Wed Sep 1, 2010 Home Buying in Denver
Aileen LaBou…, Real Estate Pro in 94040
Aileen LaBouff answered:
I signed off the loan contingency based upon a letter from my loan agent asking me to do so. Now he is not able to close in time. What are my options?
Hi Preeti,
I am so sorry that this has happened to you.
Your situation isn't clear, but if the lender is asking you to remove contingencies does that mean that he is also represe ... more
0 votes Share Flag Wed Sep 1, 2010 Home Buying in 94087
Pamala  Bava, Real Estate Pro in Macomb, MI
Pamala Bava answered:
My realtor that I am planning to use changed to another company. Should I stay with my original company that I liked or go with her?
Hi Hillysuze
Do you like the agent and do you feel that the agent will be doing a good job for you? Remember, Realtors are independent agents, the only way they can get paid is to se ... more
0 votes Share Flag Fri Jul 30, 2010 Home Buying
Pacita C Dim…, Real Estate Pro in Alameda, CA
Pacita C Dimacali answered:
Is it uncommon to use out of state lenders in PA?
Guess my question to you would be why not use local lenders who know the market, and who will likely use appraisers who also know the area, and who know the local requirements and pract ... more
0 votes Share Flag Tue Jan 3, 2012 Financing in 19087
Heather Peck, Home Owner in Las Vegas, NV
Heather Peck answered:
Can I get my appraisal fee back if the home inspection is not done yet?
That depends on whether the appraisal has been ordered or not. You need to talk to who ever is doing your loan to see if they ordered it yet. If they didn't, then ask for it to b ... more
0 votes Share Flag Mon Oct 4, 2010 Financing in San Diego
David Leonard, Real Estate Pro in Jersey City, NJ
David Leonard answered:
Do I need to be under contract to get bank approval on a short sale?
I can't imagine a bank would even entertain a non-binding offer. Why would they spend their time? You should be working wtih an attorney who does A LOT of short sales, and I' ... more
0 votes Share Flag Thu Jul 18, 2013 Home Buying in 07302
Don Groff, Real Estate Pro in Cedar Park, TX
Don Groff answered:
How can one bring down closing costs? They just seem so high.
You can structure the loan to roll in some or most of the closing costs. You can also go for a slightly higher interest rate which gives you a credit that can be applied to your lender ... more
0 votes Share Flag Thu Jun 17, 2010 Home Buying in Texas
Chris Richter, Real Estate Pro in Chicago, IL
Chris Richter answered:
Now I'm suspicious - last thursday they said my preapproval would be ready friday. Today (monday), no response to email/voice. I call main line
If you'd like a preapproval, done today, call or email me when you start your day. Before you start thinking about lunch, you'll have an answer.
0 votes Share Flag Tue May 18, 2010 Financing in San Francisco
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
We want to buy a house in the Lamorinda area and we are currently using a local real estate agent who was a ...
Talk to your agent and explain what you'd expect. Very similar to the way you presented it above. And be specific. You say you need useful insights. That's a legitimate issue, ... more
0 votes Share Flag Fri Oct 28, 2011 Home Buying in Lafayette
Angel Torres, Real Estate Pro in Queens, NY
Angel Torres answered:
Fidelity bond (Employee Dishonesty) Insurance coverage for the coop is not enough, What can I do to get the mortgage
I had the same situation with a borrower and Borrower) offered to pay for the increase in coverage and got it done!! We had to contact the President of the management company and he of ... more
0 votes Share Flag Wed Jul 30, 2014 Financing in Kew Garden Hills
Peter Stewart, Real Estate Pro in Los Angeles, CA
Peter Stewart answered:
What will motivate a buyer to buy TODAY? Is it Tax Credits, low rates, or low prices?
Their needs and wants will motivate them more than tax incentives, prices, or interest rates. When the market was hot a few years back and people were in a buying frenzy interest rates ... more
0 votes Share Flag Sun Mar 21, 2010 Home Buying in Los Angeles
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
does a seller have 3 days after signing a listing agreement?
Do you mean a 3 day "Right of Recission"?

You have to give us a bit more info so we can give you clear answer.
0 votes Share Flag Mon Feb 25, 2013 Home Buying in Austin
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