Cyrus Green e-PRO, EcoBroker

I'm a:	Real Estate Professional
Company:	Keller Williiams
Location:	Fort Collins
Web sites:	Active Rain Blog
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Cyrus Green …'s Answers (69)

What are the best 2-3 markets for buying multi-unit properties and why? We're getting ready to invest, but

Asked Mon Jul 21 2008, 08:08 by Heather - All locations - Market Conditions - 2 answers

Cyrus Green e-PRO, EcoBroker answered:

Fort Collins Colorado has many attributes that you are looking for. We have seen some good ecomonic indicators as referenced in the Northern Colorado Business Report, http://www.ncbr.com - Mon Jul 21 2008, 08:12

What should I expect $ wise to "lease opt. to buy" a 6000sqft 5bd-6bth, 5car garage on 10.5 ac in sedalia for?

Asked Mon Jul 7 2008, 06:05 by Bruce - Colorado - Home Buying - 1 answer

Cyrus Green e-PRO, EcoBroker answered:

I usally go above market rents for a lease option on my properties. I also require 'option consideration' of 2-5K which is refunded toward the (higher than market) purchase price if they buy, and not refunded if they dont.

Your property sounds unique, I'd consult an atty. asap before proceeding. - Tue Jul 8 2008, 08:23

I'm a first time home buyer. I submitted an offer on a foreclosure in Woodland Hills; however, the listing

Asked Mon Jul 7 2008, 14:38 by PMKL - Woodland Hills - Home Buying - 7 answers

Cyrus Green e-PRO, EcoBroker answered:

The lender letter you have and lender letters in general ,do not carry the weight they once did, in fact many pre-qual letters are not considered bona-fide proof of financing by todays sellers. In today's lending climate, all sellers should ensure that buyers are COMPLETELY qualified. When buying bank owned, they play by thier own rules, period. There is little way to avoid the requirement, it's the cost of doing business with banks. - Mon Jul 7 2008, 18:13

This practice is common, and in some cases you can still use the lender of your choice. This is thier way of driving traffic to an affiliated business. I am not an lawyer, but I do know this happens in our area.

You would be wise to have an agent help you...it does not cost you anything! I can help you find a good agent in your area! Let me know if you'd like some help. - Mon Jul 7 2008, 14:43

What is the difference between a condo and a townhouse?

Asked Mon Jul 7 2008, 15:33 by Sharon of Tr… - All locations - General Area - 4 answers

Cyrus Green e-PRO, EcoBroker answered:

Townhomes are usually like 'rowhomes', where there are no neighbors above or below, but on each side. These also usually include real estate, i.e. the land the building is on.

Condos are usually just the space between the walls, and no land is included.

If you'd like some help, I could refer you to a competant propessional in your area! - Mon Jul 7 2008, 15:48