Explain Short Sales All Locations : Advice

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Purplequeen, Home Seller in 33180
Purplequeen asked:
My mortgage is $190,000 and I can sell for $170,000. What happens to the remaining $20,000 if I don't have the cash at closing? What are my? options? I also do not want a short sale, nor anything that will ruin my credit. Please let me know what my o ...
0 votes Share Flag Thu Feb 26, 2015 Home Selling in 33180
Jonathan Bow…, Real Estate Pro in Dorchester, MA
Jonathan Bowen asked:
What do you think about Hubzu, formerly GoHoming? I have had nothing but bad experiences with this company. I can't ever get a live person on the phone when I call. And what is up with their "Buyer's Premium" fees and "Technology" fees...
0 votes Share Flag Thu Feb 26, 2015 Agent2Agent
njbundy, Home Seller in Big Bend, WI
njbundy asked:
Besides looking at comps, how else can you determine if a home is overpriced? Looking at homes in the Punta Gorda Isles location and have one in mind, but I think it is overpriced. We have been told that the seller has turned down other offers. This home in par...
0 votes Share Flag Thu Feb 26, 2015 Home Buying
Daniel in At…, Home Buyer in Atlanta, GA
Daniel in Atlanta asked:
FHA approved loft/condo east Atlanta? I'm a first time buyer looking for a loft in or around the Inman Park area. I thought I found a found a good option at IPV Lofts, but in doing some research found that it's no...
0 votes Share Flag Thu Feb 26, 2015 Home Buying in Atlanta
BrooklyntoIs…, Home Buyer in New York
BrooklyntoIslandFirstTimers asked:
Does anyone have experience (good or bad) with NACA? One of my husbands' clients told him about NACA because he just got a house through them. We were wondering if anyone knew anything about them? I've looked at their website....
0 votes Share Flag Wed Feb 25, 2015 Home Buying in New York
Lisa, Both Buyer and Seller in 22307
Lisa asked:
We bought a 1br condo for $250k in Alexandria VA, and the going rate is now about $200k. We need to move out due to our expanding family size and have no equity in our condo. If we sell, we are out between 30-50k. If we rent, we will be able to cover all except $400/month in mortgage. Are we likely to be better off renting it ...
0 votes Share Flag Tue Feb 24, 2015 Market Conditions in 22307
Gerry Hayes, Real Estate Pro in 89451
Gerry Hayes asked:
Is this a good time to buy in Incline Village, NV?
0 votes Share Flag Mon Feb 23, 2015 Foreclosure in 89451
Tari, Renter in Mobile, AL
Tari asked:
how do VA loans work when buying a home for the first time?? and How does that effect your monthly payment? First time buyers, will be using va loan. Should we wait and save up a 20% down payment or ....??
0 votes Share Flag Mon Feb 23, 2015 Financing in Mobile
Robert Chome…, Real Estate Pro in San Diego, CA
Robert Chomentowski asked:
Is it legal for a listing agent to force a buyer to use their preferred lender as a term of the purchase contract? I had a Realtor do this to me recently. I had a fully pre-approved client and t ... listing agents short sale. The seller countered that the buyer MUST use their lender, not just cross qual ...
0 votes Share Flag Sun Feb 22, 2015 Agent2Agent in San Diego
r1109t, Home Seller in San Jose, CA
r1109t asked:
Can I legally turn down the highest (cash) offer on my property in favor of a lower (contingency) offer to avoid selling to a greedy investor? I've had a starter home (2br condo) for several years in San Jose, CA which I want to put up for sale. It was an emotional purchase for me several years ago and over the years I've made...
0 votes Share Flag Sun Feb 22, 2015 Home Selling in San Jose
Mrsparker929, Home Buyer in
Mrsparker929 asked:
Wanting to purchase a property for a vacation rental and am curious to what the process may be like. What can I expect? I would also use this unit tostay in when I am there for vacation purposes.
0 votes Share Flag Sun Feb 22, 2015 Home Buying in 34747
Antoinette D…, Real Estate Pro in Trumbull, CT
Antoinette DeBarros asked:
Hi, I went to the Armando Montelongo "flip and grow rich seminar" and of course they tried to sell me a $1500 product that I didn't buy into at that time. I,told the rep that I needed time to do some research. The rep offered me these grand promises that I have doubts about. For this reason, I was hoping there was...
0 votes Share Flag Sun Feb 22, 2015 Home Buying
Cindi Hagley, Real Estate Pro in Pleasanton, CA
Cindi Hagley asked:
Anyone familiar with the USAA "Movers Advantage?"
0 votes Share Flag Sat Feb 21, 2015 General Area in 94582
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