Home Selling in 38111 : Advice

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Stephen Webb…, Real Estate Pro in Seattle, WA
Stephen Webber answered:
Trying to calculate commission and closing fees to determine my profit.
If the commission is 6%, 9% will most often serve as a close estimate of your closing costs. If you agreed to pay any of the buyers closing costs ad them to the 9%.

I hope you can bu ... more
0 votes Share Flag Sat Sep 14, 2013 Home Selling in Memphis
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Sell At A Loss or Be A Landlord
Yes, there are a LOT of renters out there!

If I were in your shoes, I would keep it, fix it up a little (tax deductible) and rent it out for a small loss, (also tax deductible).

Y ... more
0 votes Share Flag Tue Sep 17, 2013 Home Selling in 38119
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
House has been on the market for nearly 2 years. Biggest complaint, the view of the neighbor's backyard that looks like a junkyard. What to do?
I'm going to assume nothing is going to change the neighbor's behavior, they are not cleaning up or moving anytime soon.

You can look into local code enforcement if they are in vio ... more
0 votes Share Flag Thu May 24, 2012 Home Selling in 38111
Jason and La…, Real Estate Pro in Violet Hill, AR
Jason and Laura Wallace answered:
House has been on the market for nearly 2 years. Biggest complaint, the view of the neighbor's backyard that looks like a junkyard. What to do?
I-800- JUNK!!! Or call the Dept. of VA to come pick up the junk!

Hope this helps!

Laura
0 votes Share Flag Thu May 24, 2012 Home Selling in 38111
R Stein, Both Buyer and Seller in Memphis, TN
R Stein answered:
Sale of rental unit under lease purchase
Feel free to call me , I have a very good attorney. 9013407886

Thx
Rubin
0 votes Share Flag Tue May 8, 2012 Home Selling in Memphis
Tom Cullen, Other/Just Looking in Honolulu County, HI
Tom Cullen asked:
Lease Purchase Agreements I sold a property in 38125 through via lease purchase. It was a rental. My experience investing in Memphis rentals out of state (hawaii) has been bad. After evicting a bad tenant, de...
0 votes Share Flag Mon May 7, 2012 Home Selling in 38125
Twinszz, Home Buyer in Memphis, TN
Twinszz answered:
For a seller, what are the steps to lease purchase my home to someone?
By the way, I already have a realtor, however, we haven't had time to talk about it as we are closing on another house I bought.
0 votes Share Flag Thu Jun 21, 2012 Home Selling in Memphis
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
How do I get a lease agreement to lease purchase my home to someone else?
We have gotten a lot of inquireries lately about Lease/Options,
almost all from Buyers who think that it is the easy way to buy a house:
We tell them that it is NOT!
It is a pit, fra ... more
0 votes Share Flag Mon May 7, 2012 Home Selling in Memphis
Laron A Jones, Real Estate Pro in Memphis, TN
Laron A Jones answered:
What are some effective ways to increase the value of your home before selling?
Upgrade the kitchen, master bedroom and bathrooms, replace old carpet and improve the landscaping.
0 votes Share Flag Sun Mar 11, 2012 Home Selling in Memphis
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
Im going to take a hit on my home. I paid $135K and may get $110K. It needs cosmetic updates. Would you recommend spending the $ if I plan on a loss?
I would price it at slightly above what it is worth and see what happens. No sense in throwing good money after bad.
0 votes Share Flag Fri Jan 20, 2012 Home Selling in 38119
Tina Evans, Real Estate Pro in Dekalb County, TN
Tina Evans answered:
My mom passed.She was in hospital for over 2 months, then arrng funeral and I can't find out who to pay the back mortgage to. I just went to
Pam, I am so sorry about your Mom passing,,, this is a tough time for you. Since you've been appointed as Executrix of the Estate you have some decisions to make. The best advice ... more
0 votes Share Flag Sat May 26, 2012 Home Selling in 38111
Jo Ellen Bla…, Real Estate Pro in Memphis, TN
Jo Ellen Bland answered:
How do I find someone who buys houses for investment property? I have seen the signs that say we buy houses for cash but not sure if they are real.
Hi Keith,

If you have been in your house for 11 years you should have some decent equity in it so you may not want to go the route of selling to investors only. It is true it is not ... more
0 votes Share Flag Wed Nov 6, 2013 Home Selling in 38127
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
Need advise! Bought property in 38125 from "Turnkey" outfit 2 yrs ago. Needs new roof already! General ctr can't be found. Should?
Tom,

It sounds like you have had it with your rental experience. Consider treating this as two different problems..First, do you want to continue with rentals. Secondly, you need a n ... more
0 votes Share Flag Thu Aug 11, 2011 Home Selling in 38125
Dp2, Other/Just Looking in Virginia
Dp2 answered:
I have 3 investment prop, one renter, and am current w/all, I can't continue to pay those mortgages and also pay my home, i want out legally-
Some mortgage companies might be willing to work with you, and others simply won't.

Please send me some information about those properties, because I might be interested in buyi ... more
0 votes Share Flag Fri Aug 12, 2011 Home Selling in Memphis
Jo Shaner, Real Estate Pro in Memphis, TN
Jo Shaner answered:
Are any of the "we buy houses" companies legitimate and legal?
Yes, many of them are legit, however most are not great deals for the seller. It is like selling your jewelry to a pawn shop. They are not going to give you even a reasonable wholesale ... more
0 votes Share Flag Fri Jul 26, 2013 Home Selling in Memphis
Ellen & Doc…, Real Estate Pro in San Antonio, TX
Ellen & Doc Stephens answered:
I just signed a contract with a realtor agent to put my house on the market 8/25. If i change my mine is it still binding?
Hi, Star,

REALTORS can't practice law, unless we are licensed to do so. We can discuss business matters in general terms, but we cannot make specific legal recommendations. T ... more
0 votes Share Flag Mon Jul 26, 2010 Home Selling in 38141
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
I need to sell my house and it needs lots of repairs. The Basement is unfinished Upstairs kitching and living room needs repairs. Do you know any?
Lana unfortanately there are far more fraudalent companies than there are legitimate companies. There are more scams trying to get you to sign over your deed and take advantage of your ... more
0 votes Share Flag Thu Jun 24, 2010 Home Selling in 38125
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
How do I place an ad for a house for sale on trulia?
Kristin,

Using Trulia as a real estate resource is a wonderful idea that can be supported by listing it with a real estate professional. Contact your a realtor today and request a Tr ... more
0 votes Share Flag Tue Feb 9, 2010 Home Selling in Memphis
Danny Freeman, Real Estate Pro in Memphis, TN
Danny Freeman answered:
had appraisal done on house 87500.00 asking price 1st appra came in 88000.00 fha wanted 2nd appra it came in at 80500.00 of course they used lower pr
FHA is funny about this. They are really trying to make sure the value is there. How long ago did you buy it for $42,500>?
0 votes Share Flag Mon Dec 21, 2009 Home Selling in 38128
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