|
|
|
- 4 Answers
- 14 Useful Answers
Share this profile
Report this profile
Report this profile
About Me
"A persons reputation is precious, but a persons character is priceless"
Eric understands that buying or selling a home is one of the most important decisions a person will make in their lives, this is why he promises to treat your purchase or sale as though it were his own. From the beginning steps through to the conclusion and beyond, Eric will strive to make the process run smoothly. There is enough to worry about in life, buying or selling a home shouldn't be one of them. Discover the difference the right agent can make.
Eric understands that buying or selling a home is one of the most important decisions a person will make in their lives, this is why he promises to treat your purchase or sale as though it were his own. From the beginning steps through to the conclusion and beyond, Eric will strive to make the process run smoothly. There is enough to worry about in life, buying or selling a home shouldn't be one of them. Discover the difference the right agent can make.
Testimonials
"Dear Eric,
Thank you very much for the outstanding service you gave us in the sale of our home this past autumn. As you know we had engaged the services of another real estate agent and had gotten used to hearing that the market was poor and not much activity should be expected on the sale. You can imagine our pleasant surprise,then,to sign on with you and see immediate results! You were brilliant!
First of all, you brought tremendous energy to this task,and you organized the marketing and showing of the house with skill and ease. Working with you was never difficult or demanding. Actually,the opposite was true. You took an interest in the sale and eagerly worked to consummate it. Thank you so much.
Second your communication skills were a real asset to us. You were clear, timely, and open with us and with all the potential customers.
You basically seemed to do everything in your power to help us accomplish our goals in the shortest time possible with the least amount of inconvenience on our part. That is the highest compliment I can pay you.
And Third, of course, you actually did sell our house in record time in a poor market. You found that buyer! And stayed with us through the closing and beyond.
So thank you, Eric. We loved working with you and wish we could recommend you to anyone selling their home.
Cordially,
Bill H"
Bill H. Mon Jan 28
Bill H. Mon Jan 28
My Q&A
View all >>
Eric Engdall's Questions (0)
Eric Engdall's Answers (4)
Eric Engdall answered:
Does anyone here know what interest rates will be next year? All your computations are based on their stability. Here is one scenario That I hope doesn't happen: a $275,000 mortgage at 6.5% comes out to $1,738.19 per month with $248.61 going to principle and $1,489.50 going to interest. A $175,000 dollar mortgage at 12.5% comes out to 1867.70 per month with only $44.78 going to principle and the rest going to interest. We can get as creative as we want with our numbers the truth is all any of can do is speculate as to what the market will be doing a year from now.
Nicholas- I am glad you are happy in your rental, but in a year from now you will have given away $14,400 with nothing to show for it , while the owner still gets to keep possession of their condo and if you choose to stay another year you might expect to see a fifty dollar a month rent increase, this is considered a nuisance increase and typically doesn't make someone who is already settled choose to look elsewhere.
The answer to this question is not as straight forward as you might expect, and ultimately depends on your reasons for buying a home. The purchase of a house for most people is not just about making an investment in real estate, it is about finding that place they can come home to at the end of a busy day, take comfort in, raise a family, to truly stake their own claim to some small part of this world. If this is your goal there really is only one answer, if a home suits your needs and you can afford the payments buy it!!! Life is too short to wait on the sidelines trying to guess when the "right" time to buy has come. Our current housing market is unique in that both housing prices and interest rates are low and as banks tighten up on their lending interest rates will climb, so if you purchase a home for less money down the road your monthly payment could still be the same. Even if someone is buying a house with the intention of renting it out my advice would be the same, have you ever heard of a landlord lowering the rent when the homes value takes a temporary dip? Thank you for posting this thought provoking question.
Eric Engdall
Eric Engdall
Eric Engdall answered:
Chris- His silence speaks volumes! Yes I did look the sight over and share your sentiment.
John- Are you affiliated with Value Added Realty ? Yes or No.
John, Are you affiliated with Value Added Realty? It appears to me that this whole questioning line was meant to plug this company.
Eric
Eric
I would love to keep this going but I have some doors to open. I sincerely thank you for posting your intial request, and for your subsequent clarification of your ideas in regards the usefullness of buyers agents, your ignorance should serve as a reminder to all the realtors out there that we as a whole are not getting the message out to the public about our true value to the consumer. I wish you the best in your endeavors.
Thank you,
Eric
Thank you,
Eric
John- Lets beat a dead horse even more. If you or a love one ever needs a life saving procedure instead of seeking out the most skilled doctor look for one who will do the surgery on your terms. Really it doesn't matter if the doctor you find has no real experience or even a high success rate as long as they are cheap, and if by chance they botch the procedure there is always the hope of a good payout from a lawsuit. My clients choose to work with me because the right agent can spell the difference between a smooth transaction from start to finish with the maximum benefit to their client and potential breakdowns in negotiations, poor terms, and the loss of the sale. There is nothing worse than finding the home of your dreams and losing it due to negligence. View my website http://www.ericengdall.com and discover the difference the right agent can make!
Eric
Eric
Eric Engdall answered:
Bonnie- To answer your question about whether this house is worth the hassle and extra effort I would like to know if your agent performed a comparative market analysis on this home prior to placing your offer. It appears to me that with similar properties selling for the 305k range you are not getting a deal worthy of the extra steps. The property tax value of a home has little to do with the price it sells for on the open marke, I have seen two very similar homes on the same street built by the same builder with a great deal of difference in their property tax assesment . The only way to determine what a house is truly worth is by direct comparison to similar properties both currently on the market and those that have recently sold.
Eric Engdall
Eric Engdall
Bonnie- As the previous agents have stated, purchasing a property which is a short sale status requires jumping through a few hoops. The sellers agent will influence the success of this process by the way in which they handle speaking with the sellers creditors. Once the sellers client has filled out the paperwork which allows the agent to speak to their creditor on their behalf they should contact the loss and mitigation department of those creditors to begin the proper dialog to ensure a positive outcome. Each and every time the sellers agent speaks to those lenders they should be certain to obtain the full name of the representative they speak to as stories can change depending on who you speak with on any given day. In regards to your thoughts of bailout ask yourself if this slight inconvenience is worth the thousands of dollars you will save by purchasing a short sale property. My last bit of advice to you is if indeed your agent has little experience in short sales they consult with their office manager for assistance throughout this transaction. Best of luck!!
Eric Engdall
Eric Engdall
Eric Engdall answered:
Holly - You could start by getting the volume and page number and looking it up at the clerks office in the town that the property is located. As always to be totally certain it is best to have a title search performed on this property by a professional . When in doubt consult with an expert.
Eri Engdall
Eri Engdall
My Listings
View all 5 listings
Specialties
Eric specializes in first time buyers, investment properties, waterfront properties, vacation homes, multi-family properties, and condominiums. Eric is also well versed in forclosures and short-sale properties, both acquisitions and sales.
View Eric Engdall's...
Profile
Eric Engdall is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Company Info
Trulia Links
Real Estate Professionals
Residential Real Estate
San Francisco real estate | New York real estate | Los Angeles real estate | Orlando real estate | Miami real estate | Philadelphia real estate | Phoenix real estate | San Diego real estate | San Jose real estate | Chicago real estate | Arizona real estate | California real estate | Florida real estate | Illinois real estate | Massachusetts real estate | New Jersey real estate | Pennsylvania real estate | Texas real estate | Other local real estate | Home price maps | Real estate community | U.S. Property records
Legal
General Terms of Use |
Advertiser Terms of Use |
Trulia Pro Terms of Use |
Privacy Policy |
Community Guidelines
Copyright © 2008 Trulia, Inc. All rights reserved. | 
Fair Housing and Equal Opportunity