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- 18 First Answers
- 15 Useful Answers
Hello! I'm a full-time Realtor with Dauphin Realty, in beautiful Fairhope, Alabama. I have over 30 years experience buying and selling all types of real estate: vacant lots, land, brand-new homes, Gulf Coast resort condominiums, and foreclosure properties. I've been President and Board Member of a Condominum Association and a consultant to small businesses and real estate companies on internet marketing strategies.
I enjoy representing first-time home buyers, retirees, and seasoned investors. Dauphin Realty is privately owned and is an independent real estate brokerage with over 70 agents and 4 offices in Mobile and Baldwin Counties, Alabama to serve you.
I am also an Auburn University graduate and retired employee of Alabama Power Company and the Southern Company. I also build websites for artists and small businesses.
Dan Therrell's Questions (1)
Dan Therrell's Answers (54)
Hi Bill,
Thanks for your answer. In our part of the country, the closing fee is generally $250-$350. It is most often paid by the buyer, but is negotiable and many times split 50/50.
This fee includes the preparation of all the paperwork and handling of closing by the local title company or attorney. We don't see very any transaction fees. - Sat Apr 26 2008, 15:41
First, call the finance company that you are making payments to. They will explain to you how you will be able to transfer ownership to another buyer, and what paperwork is required. Get a copy of the paperwork sent to you.
Next, contact your park manager and ask what kind of application is going to be requried for a new owner. Get a copy of it.
Then, put an ad in your local newspaper and hand out flyers in your park, listing the monthly payments for the mobile home and lot rent. Make appointments with interested buyers to see your home promptly.
Ask for a deposit of at least $500 and have a sales contract ready to fill out. Good luck. - Sat Apr 26 2008, 15:26
Deals are sometimes made made verbally with no papers being prepared or signed until closing. While this is not standard practice, nor its it recommended, it is certainly legal. - Sat Apr 26 2008, 15:09
Contact a local mortgage lender right away and ask for advice in getting your FICO score up. They can tell you what loan programs you might qualify for immediately. - Sat Apr 26 2008, 14:58
Having been involved with friends in SF who purchased multiple properties in the city, you need a specialist in the type properties that you're looking for. The market is too dynamic for anyone who does not specialize.
And if you are one step ahead of your agent, get one that will stay one step ahead of you! The agent will be paid extremely well to do the work required. Sorry, but being "nice" is not enough of a recommendation.
If you need a referral to a SF agent, email me.
All the bst,
Dan Therrell
Fairhope, AL - Sat Apr 26 2008, 00:43