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

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Tracey Langd…, Real Estate Pro in Epping, NH
Tracey Langdon answered:
How do you interview an agent? What are you looking for exactly?
Good Morning

Depending on what kind of an agent you are looking. Here are a few questions to get you started. Also you should be able to feel comfortable with the agent you chose.

... more
0 votes Share Flag Thu Mar 14, 2013 Home Selling in 03053
Matthew A. B…, Real Estate Pro in Glendora, CA
Matthew A. Bartlett answered:
Hello,I'm thinking of putting my property on the market but was wondering what is the real estate ag ...
Hi Kismet356,

Commission rate is negotiable. That being said, do not think that the cheapest Agent is necessarily the best Agent for you. Always remember you get what you pay for. Go ... more
0 votes Share Flag Thu May 2, 2013 Home Selling in San Francisco
Emily S. Kne…, Real Estate Pro in Huntington Beach, CA
Emily S. Knell answered:
Is buying in OC impossible for someone like me?
It is possible to buy a home in these areas without having all cash.

You should get pre-approved for financing or talk to a lender now about your income & assets to see if you could ... more
0 votes Share Flag Fri Apr 26, 2013 Home Buying in Huntington Beach
Linda S. Cef…, Real Estate Pro in Oak Creek, WI
Linda S. Cefalu answered:
What is the process for making an offer on a home that is a short sale?
Find an agent that is experienced in short sales so that they know what questions to ask the listing agent. What you do not know can mean the difference between having your offer accep ... more
0 votes Share Flag Tue Mar 5, 2013 Home Buying in Colfax
Jamie Tian, Real Estate Pro in Los Angeles, CA
Jamie Tian answered:
hello my name is brian, looking to becoming a first time home buyer
Hi Brian,

Congratulations on making the decision to purchase a home!

The first step is to get pre-qualified for a loan, unless you are an all cash buyer, then you can ignore the n ... more
0 votes Share Flag Wed Apr 17, 2013 Home Buying in Santa Clarita
Donald Mituz…, Real Estate Pro in Katonah, NY
Donald Mituzas answered:
What are the constraints for a buyer purchasing a Bank-owned property (not short sale or auction), compare ...
The buyer can ask for reports or do their own termite inspection as well as any other type of inspections. Problem is, if you find something the bank probably won't do much about it. Th ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying in Petaluma
Carie McFadd…, Real Estate Pro in Stockton, CA
Carie McFadden,CDPE, SFR, CHS answered:
Need advice on offer with 45 days closing period, CDAP for down payment to FHA loan and requesting closing c ...
Yes, hire/work with an experienced Realtor that can struture your offer so it is attractive to the seller.
0 votes Share Flag Sat Mar 23, 2013 Home Buying in Stockton
Paul Howard, Real Estate Pro in Cherry Hill, NJ
Paul Howard answered:
Short sale - under seller contract - Southern NJ
You said "Our realtor". If the Realtor really is 'your realtor' then he/she is not working for the seller and should be able to answer your question since they would have done some du ... more
0 votes Share Flag Wed Feb 27, 2013 Home Buying in Sewell
Ramon Concep…, Real Estate Pro in Dublin, CA
Ramon Concepcion answered:
No contingency offer with option of rent back for cople months ?
In this market there are a lot risk takers going with No Contingencies. The problem with that though you have no protection. I'd always advise on getting an Inspection and as a Buy ... more
0 votes Share Flag Tue Feb 26, 2013 Home Buying in Dublin
Claudia Mull…, Real Estate Pro in Fremont, CA
Claudia Muller Gravelle answered:
FHA alternatives given changes in April 2013? Seeking
$417k max on 95% conventional.
80-15-5 not yet available.
Must go 80-10-10.

Some lenders offer a 3% down conventional. I do not.
0 votes Share Flag Fri Jun 7, 2013 Home Buying in 94558
Odette Godin, Real Estate Pro in 34685
Odette Godin answered:
house is pre forclosure short sale priced, can i offer less than asking price?
You can always offer less, but what is more important is the market value. Ask your Realtor what the market value is for that home. Many times bank owned properties are listed below m ... more
0 votes Share Flag Mon May 13, 2013 Home Buying in Tarpon Springs
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Hi, I'm in contract for YES, a short sale. The bank has accepted. Now Agent and Seller are coming ba ...
You are not a victim.
You are not without fault.
You tried to do this without your own agent; why?
At this point, maybe talking to the Agents' Broker would simplify things:
Understa ... more
0 votes Share Flag Tue Mar 12, 2013 Home Buying in Buckeye
Baruch Rosen…, Real Estate Pro in San Diego, CA
Baruch Rosenberg answered:
I'm not sure how to price my home to sell. I've done an appraisal.
Hi, That's a great question. It all depends on your goals and the outcome you are looking for. It will be based on your current competing available listings, current pending sales and w ... more
0 votes Share Flag Sun Mar 31, 2013 Home Buying in Pacific Beach
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
short sale v's purchase
Beverly;
Do you have a specific question??
0 votes Share Flag Mon Feb 25, 2013 Home Buying in Chicago
Victor Lutsky, Real Estate Pro in Hazle Township, PA
Victor Lutsky answered:
can an owner/bank continue to take offers on a short sale after we have made a bid?
Hello Barbara,

Unfortunately, the answer is yes, particularly as it relates to banks and REO management companies. Their position, is the bank has already lost a significant amount ... more
0 votes Share Flag Fri Mar 22, 2013 Home Buying in Panama City Beach
Cindy Davis, Real Estate Pro in San Diego, CA
Cindy Davis answered:
I want to find a real estate pro who can help me and my wife aquire a loan
What you need first is a mortgage pro. Find a well-ranked local mortgage broker and meet with him or her to discuss your options. Best of luck.
0 votes Share Flag Mon Jun 15, 2015 Credit Score in Rio Vista
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
RED FIN Or Use Local Agent in California
I don't work in California, so I can't speak to Redfin specifically, but I have watched several discount brokers go out of business completely here on the East Coast. I guess it depend ... more
0 votes Share Flag Thu Jan 2, 2014 Home Buying in Beverly Hills
Shannon Sher…, Real Estate Pro in Lawton, OK
Shannon Sherman answered:
For Sale by Owner vs. Real Estate Agent?
There are always agents out there that are willing to negotiate their commission. But if you did a for sale by owner before in 2001 and 2005 then you should be able to do it today. No ... more
0 votes Share Flag Mon Mar 4, 2013 Home Buying in Big Lake
Connie Fitzg…, Real Estate Pro in 20659
Connie Fitzgerald answered:
I live in a home that is being foreclosed...what steps do I take if I am interested in purchasing the home? ...
This is a great question. Has your home already gone to foreclosure? If it has, it would be difficult getting a loan so you would have to attempt paying in CASH as your credit would hav ... more
0 votes Share Flag Thu Mar 14, 2013 Home Buying in 53210
Justin Henry, Real Estate Pro in Little Elm, TX
Justin Henry answered:
How can a home buyer sweeten their offer, without raising it's monetary value?
Close date, no repairs, as is,
0 votes Share Flag Mon Jun 29, 2015 Home Buying in Dallas
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