- 69 Answers
- 1 Best Answer
- 32 First Answers
- 12 Useful Answers
I'm the broker-owner of Cross Walk Realty, a new real estate service company built on solid foundation.
I have extensive client based service training in various industries and hold an MBA. I also have an insurance background and therefore can advise my clients with insurance policies and issues.
Johnny Huang's Questions (1)
Johnny Huang's Answers (69)
It's a duet, where the units shares a common wall. If there is damages on the common wall, the 2 owners woud split the cost.
To answer your question, just one side is for sale. - Tue Nov 11 2008, 18:43
Whatever a buyer is willing to pay for it. If your real question is, "Is this a good price for this property", then pull up other similar properties that have sold within the last month or two and get similar listed houses currently on the market. - Mon Nov 10 2008, 23:18
Don't do it!
Save your money. Talk to the bank directly. If they can't work things out with you, then try to sell it as a short sale. If the sale doesn't happen, then foreclose (last option).
Call me and I'll explain. - Thu Nov 6 2008, 22:14
Do a google search on BPO's, Research, work, work, work...make friends, stay connected. - Fri Oct 31 2008, 15:44
IMO, there was a buying frenzy in Concord on REO's (not just Concord, other areas are affected) Buyers are coming out and making offers, sometimes all cash offer. Alot of properties are being sold higher than asking price but on paper, it looks like this...Listed Price: $200,000 Sold Price: $207,000, but behind the scenes there may be credits, repairs, seller paid items so the net will come close to $200,000.
The bank always look for the best possible net. From reading your thread below, you asked the bank to pay for several things as well as credit to closing costs. These items brings the net proceeds to the bank lower than asking price.
My suggestion, talk to your Realtor, and if the property is worth it (Clean, move-in condition, very little fix up) then offer more than asking minus the seller concessions.
Clean homes are selling fast, the fix up ones take a little bit longer. - Fri Oct 31 2008, 15:35
REO, first time home buyers.