How Much Should I Offer For A Foreclosure All Locations : Nationwide Real Estate Advice

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Craig Chasta…, Real Estate Pro in Rancho Cucamonga, CA
Craig Chastain answered:
are these the real rental prices is this site the real deal that's what I would like to know?
Some are legit and some are scams.... be careful!
Typically ones with a really low lease price is a good indicator of a scam.
0 votes Share Flag Sun Mar 10, 2013 Rentals in Rancho Cucamonga
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
So I understand buying a REO/ Foreclosed property is next to impossible as a buyer. Whats the best way to pu ...
Whoever you have been speaking with you should maybe stop. Buying a bank owned home is not hard or impossible, in fact it is pretty straight forward. Once the bank owns it and decides t ... more
0 votes Share Flag Mon Feb 18, 2013 Foreclosure in Austin
Matt Mansfie…, Real Estate Pro in Lakewood, CO
Matt Mansfield answered:
Finally got to 700 middle score and looking to purchase a house.
You should get preapproved now. This will help you understand the loans available to you and what you cash out of pocked and monthly payment will be. Check out my site www.mansfieldde ... more
0 votes Share Flag Sat Jul 20, 2013 Home Buying in Aurora
Tyler Willis, Real Estate Pro in Atlanta, GA
Tyler Willis answered:
Are there any people who assist with buying and renovating homes in Atlanta? Something like the Property Brothers?
Hi Tanisha,

Any realtor can help with purchasing a home for renovations. I happen to know a couple of great contractors that could help renovate.

It's really about having a ... more
0 votes Share Flag Thu Jun 20, 2013 Home Buying in Atlanta
Ann Ryan, Real Estate Pro in Doral, FL
Ann Ryan answered:
Im trying to sell my house of 30 yrs, been trying craigslist etc.. any others suggestions?/
There's a reason that 85% of homes sell using a real estate agent. As a homeowner, you simply can't compete with the marketing resources of a real estate company.... they're blasting t ... more
0 votes Share Flag Fri Apr 12, 2013 Home Buying in 12498
Maureen Dwyer, Real Estate Pro in Ashburn, VA
Maureen Dwyer answered:
What is low-balling? What percentage of the asking price is considered low-balling? Is low-balling offensive or disrespectful to the seller?
Low-balling is an offer that makes no economic sense to the seller. The purpose of an offer is to enter into negotiations or a conversation with the seller. If your offer isn't even ack ... more
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Washington
Lanre Folayan, Real Estate Pro in Washington, DC
Lanre Folayan answered:
Agents claiming to have offers?
I need to have more information in order to better answer this question. If it is a short sale then I can understand why it is still on the market for the past 70 days. Short sales are ... more
0 votes Share Flag Tue Feb 19, 2013 Home Buying in Washington
Britt Grothe…, Home Buyer in
Britt Grotheet answered:
House was a short sale no opened as a foreclosure
Hi again-Just wanted to give a bit more background in case it helps someone answer the question. The owner abandoned the home about a yr ago. The home set to go to auction 1x before on ... more
0 votes Share Flag Thu Feb 14, 2013 Foreclosure in Annapolis
Myra Gouger, Real Estate Pro in Las Vegas, NV
Myra Gouger answered:
Our relator told us that houses are going for 10 -15,000 more than listing price, is this true? Is it that h ...
Harder than you can imagine. Yes, homes are going for $10-$15,000 more than the list price. Nevada home prices are up more than 15% according to an article in the Review Journal and the ... more
0 votes Share Flag Fri Feb 15, 2013 Home Buying in Las Vegas
Silvana Fino, Other/Just Looking in Beverly Hills, CA
Silvana Fino answered:
Bank accepts then declines approved short sale offer twice then begins foreclosure. Should I be talking t ...
Amanda, when you submit for short-sale approval it must consider the second lien in the HUD-1; the primary loan does not stand alone when there is a second mortgage lien on the property ... more
0 votes Share Flag Mon Feb 11, 2013 Home Buying in Chicago
Liane Jamason, Real Estate Pro in Saint Petersburg, FL
Liane Jamason answered:
Which is better? Make an offer and pay my own closing costs, or make an offer higher and ask them to pay? ...
Yes there's a lot of competition against investors out there right now. You want your offer to be strong to beat them out - so the fewer things you ask for in the contract, the better. ... more
0 votes Share Flag Sat Feb 9, 2013 Home Buying in Lutz
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
We lost our home to foreclosure 3.5 years ago. How long do I need to wait to purchase a new home again? Wo ...
Depending on your initial credit rating, it could be 7-10 years until you can qualify for a loan. Many buyers in your situation end up buying with all cash instead of waiting. What yo ... more
0 votes Share Flag Mon Mar 11, 2013 Home Buying in O'Fallon
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
That's odd. As long as you've been granted access to inspect a property, you can order a termite inspection. But, in this situation, the bank may very likely hold firm on their price, ... more
0 votes Share Flag Tue Feb 26, 2013 Foreclosure in Belleville
Paul Sager, Real Estate Pro in St Louis, MO
Paul Sager answered:
I am a licensed realtor and in my situation I was representing the buyer, the agent on the other side neve ...
not really, the offer technically died at the expiration of the counter offer. with no response, it should have flagged you that either a better offer was in play or they just did not w ... more
0 votes Share Flag Fri Feb 8, 2013 Home Buying in Saint Louis
Laurie Chris…, Real Estate Pro in Oak Park, IL
Laurie Christofano answered:
100% list price offer rejected on foreclosure
Chances are it sold for higher than list price; there's fierce competition out there amongst buyers so you may need to be even more aggressive on the next one! Make sure you'r ... more
0 votes Share Flag Thu Apr 18, 2013 Foreclosure in 60624
Rodney Mason, Real Estate Pro in Atlanta, GA
Rodney Mason answered:
Rebate on house buying in Alpharetta/Johns creek area
A Real Estate Agent earns their commisison the same way you earn your pay check. Imagine if someone came to you asking for part of your income that month. Would you be willing to part ... more
0 votes Share Flag Thu Feb 7, 2013 Home Buying in Alpharetta
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Shortsale in orangevale, ca.; newer home, seller is asking 350, trulia has its v ... 200s, eappraisal has it at 429K, might offer 325 max ...
You are very thurough in your research;
Why don't you take one more step and have a Realtor do a CMA?
It is important?
0 votes Share Flag Thu Feb 7, 2013 Home Buying in San Diego
Miekeba Jones, Real Estate Pro in Silver Spring, MD
Miekeba Jones answered:
Pending listings? Does it make any sense to consider contingent or pending listi ... listings? If 'yes', how do you pursue ...
Hi Lone, Its OK to consider listings that have a contract on them. Its not sold until its sold. It is less likely that you will secure a home that is under contract than one that is a ... more
0 votes Share Flag Mon Jun 16, 2014 Home Buying in 92131
Alan & Micha…, Real Estate Pro in Port Angeles, WA
Alan & Michaelle Barnard answered:
HUD homes..good buys? what are the risks?
HUD homes can be a good buy. I have one under contract right now. My transaction has been going well. Another agent I know also has a HUD home under contract and that transaction has no ... more
0 votes Share Flag Sun Feb 10, 2013 Home Buying in Sequim
Shannon Ande…, Real Estate Pro in San Diego, CA
Shannon Anderson answered:
I am relocating to San Diego (Scripps Ranch, Poway, Escondido). What delta can I expect (generally) between ...
There is a shortage of inventory right now Michael and so we are seeing homes getting multiple, over list price offers at this point. As for pre-approved short sales, most agents tell y ... more
0 votes Share Flag Sat Jan 31, 2015 Home Buying in 92131
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