Were you able to fix this problem? Were you able to rent this property?
Real Estate Professional / Prestige Realty
Bianca Bennett / 602-570-7898
Website: www.InvestInArizonaHomes.com... more
Trulia usually compiles data from the MLS and lists it on the site. Contact your management company or agent and they can change the MLS listing for you (which will change your listing on Trulia)... more
MB, check on the link below. It's basically a company that assists Canadians on financial matters but they may be able to direct you to an attorney. I'm not sure why, being a Canadian, you cannot work on your home however I may have misunderstood your question which does not seem real clear to me. Good luck!... more
Yes, many realtors can send you the most recent listings with pictures and virtual tours. All you need to do is pick a realtor that you would like to work with. Remember that when you choose a Realtor, that agent is working exclusively for you, so please be loyal to them if you feel like they are taking care of you as you would like.... more
I would recommend getting with a local buyer's agent in the area you wish to purchase. Please let me know if you wish to connect with an agent in a certain area and I can recommend an agent through our referal program at Coldwell Banker.... more
Consult an attorney. Most people wait too long to find help, when something could be done to negotiate with the bank. A short sale may be your best bet if you are unable to negotiate a repayment plan with the bank. Given that you stated you have half your previous income, it may be unlikely that you'll ever catch up or be able to keep up with your mortgage. A short sale should enable you to get a fresh start with your current income and save your credit from further decline.... more
The house you interested in is a short sale and it is active in the MLS, which means you can make an offer. The foreclosure will be put on hold if the seller (home owner) accepted your offer, and it shows that a professional negotiator is assigned for the listing which is a plus.
Mb - I don't blame you for being frustrated! It's crazy sometimes. I could go on and on about how "political correctness" makes it difficult for real estate agents -- and home buyers and sellers -- to do their jobs.
Every agent is different. We always try to explain everything up front, including what we can and can not say/do. An agent's primary job (n my opinion) is to help their clients navigate through all the .... well, crap... that is required to purchase or sell a home. We aren't "salesmen" we are "consultants", "guides", "helpers" -- whatever term you chose.
"I have never known an agent who would work with you without you signing an agreement with them"
We don't sign agreements with our buyer clients. Call me old-fashioned, but I believe in building mutual trust in a business relationship and don't want to contractually bind a client to me that doesn't want to work with me. We're required to sign a contract for a listing, but we always write in a "fire me any time" clause.... more
Has the lender accepted your offer? Have you received a signed agreement from the lender? Have you reviewed the specific terms of the purchase offer carefully and understand your options? What is the advice of your buyer's agent?
The bottom line is, the further you get into the purchase process the more difficult it becomes to void an agreement. If the bank has not accepted your offer, the door may be open to get out of your offer. Your agent's support would be helpful. If you are not satisfied with the information they are providing you and it may be to your benefit to seek the advice of an attorney.
There is nothing you can do. Some homes just do not qualify for FHA and sometimes Freddie Mac isn't aware of this when the property is given to a listing agent. Some of the things that make a home cash only is (1) no stove, (2) exposed wired in the home, (3) mold problems. So, there is nothing you can do that will make Freddie change their minds.... more
I work with and have helped many people buy a home using the the grant/downpayment programs. The first step is getting a pre-approval then I can refer you over to a program that has funds available. give me a call to get the ball rolling. Tony @ 602-684-0866... more
Many listing agents are using the verbiage " approved Price" honestly, I have found this means nothing. Be prepared to wait. With 2 loans, it is increasing difficult on a short sale as the first and second, have to agree. Short sales are a tedious process, so you will have to be patient. Best of luck... more
Yes they do. This is there thinking that they can recover their money. However, if you are upside down, they will know this and oftern times put it off as a charge off rather than foreclose since they will lose out.
It only makes sense for them if there is equity in the property to force the sale and pay the 1st and 2nd back the money.... more
Hi and sorry for your troubles. Homes are selling like crazy, but you are competing with Foreclosure and Short Sales, so prices are the sticking point with "normal" sellers right now. At the same time, loan rates are low, but lending guidelines are much more strict than they used to be. Are you trying to buy another home as a primary residence? No lender will let you off the hook for your existing home, if that's the case. I recommend you speak with an attorney before making a purchase anyways. There will be tax and divorce consequences and I would be very careful. Hope this helps and good luck! I am an agent familiar with your area, but I assume you are using an experienced agent to sell your current house. Check with them for prices of what is actually selling in your area.... more