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Linda S. Cef…, Real Estate Pro in Franklin, WI
Linda S. Cefalu answered:
Can a seller back out of short sale once the seller and the bank have approved the offer?
You should speak with a real estate attorney if you truly fear that this is something the sellers are considering. However, I cannot imagine any benefit to them doing so.

0 votes Share Flag Fri Aug 14, 2009 Home Buying
Lisa Brodsky,  in 10950
Lisa Brodsky answered:
my husband and i are in search of a broker to represent us in selling our 1-bd condo in rego park. we are
Hi Jennifer,

I am a relocation specialist up state. I can easily refer you to one or even two trained and certified relocation specialists in your area. Who ever I refer will be th ... more
0 votes Share Flag Mon Sep 21, 2009 Home Selling in Rego Park
Steve Mun, Real Estate Pro in Campbell, CA
Steve Mun answered:
We bought a townhome March 30, 2007 for 480K now it is valued a 250K. What should we do, we where plannin on?
Hello Samsung.

We would need more information than what you provide here. The most important being, are you able to pay your mortgage? The answer to that will determine your optio ... more
0 votes Share Flag Thu Aug 27, 2009 Home Selling in San Jose
Anne-Marie W…, Real Estate Pro in Winter Springs, FL
Anne-Marie Wurzel answered:
What neighborhoods in Ovieda, Fl are districted for Hagerty HS in the $450K to 600K price range ??
Live Oak Reserve is, as well as the Sanctuary. Feel free to email me direct if yo have any other

Anne-Marie Wurzel
0 votes Share Flag Sun Aug 2, 2009 Home Buying in Oviedo
Sharon Koch, Real Estate Pro in Brighton, MI
Sharon Koch answered:
Is it a good idea to get pre-approved from several banks or no?
You do not want to go to more then one person to be pre-approved because multiple credit checks will bring down your credit rating. If you want to check with a few loan officers ... more
0 votes Share Flag Wed Jun 30, 2010 Financing in Worcester
John Bennett, Real Estate Pro in Orlando, FL
John Bennett answered:
Can I bid on multiple short sales at the same time?
Short Sales are often very LONG events.

You can bid on all the property you want to buy.

In my experience, if one makes an offer and another accepts, all other things being in p ... more
0 votes Share Flag Tue Oct 13, 2009 Home Buying in Palm Coast
Jeff K, Home Buyer in Bristol, PA
Jeff K answered:
I make 9,000 income with no monthly fee. i am looking to buy a house and pay off in 2 year. what is the...?
Hi Tim,

I assume that you are saying that you earn $9000 per month. If you are putting down 20% and plan to seriously pay the whole thing off in only a few years, then an ARM (adju ... more
0 votes Share Flag Mon Mar 23, 2009 Home Buying in 77014
Lance King, Real Estate Pro in San Francisco, CA
Lance King answered:
adding owner to title to help refi - results in reassessment?

A reassessment occurs with transfer of ownership. Unless there has been some very recent change to the rules, the only way you would get a reassessment would be if your sister ... more
0 votes Share Flag Thu Mar 19, 2009 Financing in San Francisco
John Bennett, Real Estate Pro in Orlando, FL
John Bennett answered:
who offers mortgages to foreign nationals?
Funny you should ask, I am going to a meeting on this on Tuesday at 10 am.

I understand it is possible, and I should have more and better answers by evening Tue.

Hope might I c ... more
0 votes Share Flag Wed Jul 22, 2015 Home Buying in Lake Mary
The Medford…, Real Estate Pro in Fremont, CA
The Medford Team answered:
After having reading quite a lot, I think I can summarize what 99% of RE Pros are repeating everyday ......

Put me in the 1%. I go by data, not conjecture. Here are few recent posts that may clarify things for you: ... more
0 votes Share Flag Tue Jun 9, 2009 Market Conditions in San Ramon
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick answered:
Hi - what does a buyer need to do, to represent themselves when talking with a listing agent?
Hi Twinkle, I can see no reason that you would want to operate in a real estate transaction without the representation of an agent. Remember that the seller will likely be responsible ... more
0 votes Share Flag Wed May 27, 2009 Home Buying in 08536
John Brown,  in Overland Park, KS
John Brown answered:
Any HELOC programs for investment property?
HELOC programs have been slashed and eliminated over the past year. Among the first to go away was the HELOC on investment properties. I am not aware of any banks that offer them. If ... more
0 votes Share Flag Thu May 20, 2010 Financing in 60622
Jacqueline K…,  in Centennial, CO
Jacqueline Kounkel answered:
Condo in Hartford CT area
Hi Perox,

choosing a mortgage can be very trying these days. For someone with perfect credit and excellent down payment or reserves the banks are at your mercy. I suggest getting ... more
0 votes Share Flag Thu Aug 23, 2012 Financing in Farmington
Jeff & Ginny…, Real Estate Pro in Vero Beach, FL
Jeff & Ginny Mitchell answered:
Can second mortgage company come after me for money after short sale?
The title company or attorney who closed the sale should have provided you with this information. Was the second mortgage a personal line of credit, an equity loan on the house, or a t ... more
0 votes Share Flag Thu Jul 30, 2009 Foreclosure in 30339
Barry Lynn M…,  in Trussville, AL
Barry Lynn Miller J.R. answered:
Interested in buying a "short sale" home.
Depends on the lender last month I got one approved in just over a week the lender was National City Mortgage. They required an appraisal and As long as it didn't come in below 63% of ... more
0 votes Share Flag Sat Aug 17, 2013 Home Buying in Phoenix
Rouriel Noub…, Both Buyer and Seller in San Ramon, CA
Rouriel Noubini answered:
Will housing price in San Ramon keep going down?
Use ARM instead of fixed. 5/1 ARM is barely changed in this year. Check ING direct. They provide 5/1 ARM with 5.5% rate for loan amount up to $500k. For any amount above $500k, you can ... more
0 votes Share Flag Sat Mar 7, 2009 Home Buying in San Ramon, CA
Luke Allison,  in Asheville, NC
Luke Allison answered:
My husband and I want to buy a house again . If we sell this house we have $50,000.00 to invest in a new
I would be glad to help you prequalify for your new purchase. You seem like a perfect candiate for an FHA loan because FHA is more concerned with income and cash reserves tha ... more
0 votes Share Flag Tue Dec 4, 2012 Home Buying in 43147
Slewfoot, Home Buyer in Sacramento, CA
Slewfoot answered:
Mortgage rate trend?
Keep in mind that this area is largely jumbo loan territory, rates on those are in the mid-high 7s right now.
0 votes Share Flag Wed Oct 29, 2008 Market Conditions in San Ramon, CA
Steven Ornel…, Real Estate Pro in Fremont, CA
Steven Ornellas answered:
Can you pl recommond good mortgage broker? I am looking to buy house in San Ramon.

I am both a Mortgage Banker/Broker and Certified Mortgage Planning Specialist. Please call me if you would like to chat.

Best Regards,

Steven A. Ornellas, GRI, ABR, e-PRO, ... more
0 votes Share Flag Wed Jul 23, 2008 Home Buying in San Ramon, CA
Cameron Piper, Real Estate Pro in Vadnais Heights, MN
Cameron Piper answered:
ING provides great rate
Was there a question here?
0 votes Share Flag Fri Jul 4, 2008 Financing
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