23238 : Advice

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Michael Myao…, Real Estate Pro in Virginia
Michael Myaouenuh answered:
Help! I need to sell my "luxury" fan condo ASAP. How do I find an agent experienced in short sales?
Please call me when you have a chance

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0 votes Share Flag Sat Dec 18, 2010 Home Selling in 23220
Vicky Chrisn…, Real Estate Pro in Leesburg, VA
Vicky Chrisner answered:
What are the true specific financial advantages for buying a property that offers historic tax credits and city tax abatements?
For tax related questions, I recommend you contact your CPA or tax advisor who will not only be able to tell you the advantages of these things, but also specifics of how it will impact ... more
0 votes Share Flag Mon Nov 15, 2010 Home Buying in 23220
Jim McCowan…, Real Estate Pro in Arlington, VA
Jim McCowan (703) 395-0166 answered:
Here in Richmond, we have seen a flurry of activity. I am curious to see if other areas in the country are experiencing the same.
The market has been doing very well inside the beltway all year long. Multiple offers are back!
0 votes Share Flag Mon Nov 8, 2010 Home Buying in Richmond
Suzanne MacD…, Real Estate Pro in 07856
Suzanne MacDowell answered:
My Father and I are looking to open a 7-11 Franchise. We don't have the total amout needed, what are your ideas, Silent Investors , etc????
Get in touch with your local Small Business Administration. They may be able to point you to a lender that offers SBA loans. You should be OK as long as you have some collateral, not ... more
0 votes Share Flag Sun Nov 7, 2010 Financing in Richmond
Restoration…, Real Estate Pro in Fairfax, VA
Restoration Capital answered:
Contract still binding?
I would suggest contacting a local real estate contract attorney but in my basic contract law opinion, the first thing to check is the settlement date. In Virginia, the contract I' ... more
0 votes Share Flag Wed Nov 3, 2010 Home Buying in Richmond
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
With the upcoming mid-term elections on Tuesday, do you feel that the outcome of those elections will affect the housing industry in any way?
No., I don't.

Of course, the elections are important, and of course, every pundit wants eyeball time which leads to more outlandish commentary, but the housing market isn't ... more
0 votes Share Flag Wed Nov 3, 2010 Market Conditions in Richmond
Melissa Save…, Real Estate Pro in Richmond, VA
Melissa Savenko answered:
I am interested in a short sale property.
Short sales are a pain in the tuckus. Your agent may not want to get involved. A statistic I heard recently indicated 8 out of 10 short sales fall apart. That is a pretty tough perce ... more
0 votes Share Flag Sat Mar 3, 2012 Home Buying in Richmond
Deborah Rigs…, Real Estate Pro in 27705
Deborah Rigsbee Miller answered:
I am trying to find a realtor that can assist me in finding a rental property in Richmond. I'm relocating from NC and this is difficult from
I will be glad to refer you to someone to help with this in RICHMOND if you will email me or telephone me so that I can get your contact information together and refer them so they can ... more
0 votes Share Flag Mon Aug 12, 2013 For Rent in Richmond
Jim McCowan…, Real Estate Pro in Arlington, VA
Jim McCowan (703) 395-0166 answered:
How many qualified buyers have you had this year who have been turned down for a loan to purchase a home that had nothing to do with the appraisal?
Not one. I don't understand why the media is saying it's tough for buyers to get a loan!
0 votes Share Flag Fri Oct 15, 2010 Financing in Richmond
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
Can power lines located close to a home cause illnesses?
Electromagnetic fields are a concern to many people. Currently, there is controversy over exactly what, if any, damage is caused by these fields. There is some evidence to suggest that ... more
0 votes Share Flag Fri Dec 10, 2010 Home Buying in Richmond
Sergio Herna…, Real Estate Pro in Naples, FL
Sergio Hernandez answered:
Backing up to a busy road can be a deal breaker for some. What do you see as the best way to handle that objection?
If the property is priced better than others without the busy road challenge, it may represent a golden opportunity to someone looking for a great deal to buy.
0 votes Share Flag Wed Oct 6, 2010 Home Selling in Richmond
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
Do you think that having a generator increases the value of a home?
The value is minimal overall however it does add a great deal of desirability for anyone who lives in an area of frequent power outages. Until you los epower say in a great ice storm f ... more
0 votes Share Flag Tue Oct 5, 2010 Remodel & Renovate in Richmond
Lisa DeFranc…, Real Estate Pro in Richmond, VA
Lisa DeFrancesco answered:
Would you refuse to buy a house that did not have a fireplace?
Personally I put a lot of value on a fireplace -- and not just any fireplace -- it has to be wood-burning. My current home does not have a fireplace and that is not a mistake I will mak ... more
0 votes Share Flag Sat Jan 28, 2012 Design & Decor in Richmond
Wanda Bond, Real Estate Pro in Chesterfield, VA
Wanda Bond answered:
What is the best loan that you have found out there right now and why?
Hands down, Wells Fargo's 2% down, no appraisal.
0 votes Share Flag Tue Oct 5, 2010 Home Buying in Richmond
Tony Proto, Real Estate Pro in Richmond, VA
Tony Proto answered:
Is there a good place for seeing ALL REO properties for sale ?
Hi Invest,

There are 2 major websites which feature this information (full detailed information requires membership and associated dues):

Realtytrac.com and Foreclosures.com

Yo ... more
0 votes Share Flag Thu Sep 23, 2010 Home Buying in Richmond
Robert Green…, Real Estate Pro in 08003
Robert Greenblatt, MBA answered:
when making an offer to purchase with a pre-approval, do I have to close with that particular lender? ie, do I have to pick a lender before offering.
In southern New Jersey, our Offer to Purchase typically accompanies a pre-qualification leter from a lender. If the offer is accepted, and an Agreement of Sale is signed, the Agreement ... more
0 votes Share Flag Thu Sep 23, 2010 Financing in 23233
Vicky Chrisn…, Real Estate Pro in Leesburg, VA
Vicky Chrisner answered:
Did you know that www.realtor.com may have a gliche in displaying the number of half baths from your listings in MLS?
Thanks for sharing. I will check that.
0 votes Share Flag Wed Sep 1, 2010 Tech Tips in Richmond
Courtney Gore…, Real Estate Pro in Snellville, GA
Courtney Gore Smith answered:
How do I get rid of a terrible realestate person?
LMBO at the end of your comment, not sure about the type of agreement you signed but if its not working, send the broker a notice of termination, and move on.
0 votes Share Flag Sat Aug 28, 2010 Home Selling in Richmond
Pacita Dimac…, Real Estate Pro in Alameda, CA
Pacita Dimacali answered:
How do you feel about being a realtor thats a consultant for the buyer instead of a salesman for the seller, income regardless of the outcome?
As a realtor, we are a lot of things to a buyer. First and foremost, we are consultant/advisers.

We ask a lot of questions to determine if the buyer is preapproved for a loan, what h ... more
0 votes Share Flag Fri Aug 6, 2010 Home Buying in Deerbourne
Pam Davis, Real Estate Pro in Richmond, VA
Pam Davis answered:
Looking for distressed foreclosures in Essex Co and Hanover Co. How can I get hooked-up with the right contact person?
Kathy - what you need is an agent certified in distressed properties as they are the MOST knowledgeable. For the homes in Essex county you can do to www.CDPE.com and put in the zip cod ... more
0 votes Share Flag Thu Aug 19, 2010 Foreclosure in Richmond
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