A "friend" is a tough one. I sell homes in an area where just about everyone knows eachother, so we would rarely see a true "arms length transaction". If you and your "friend" have no financial ties to one another, you might be able to make it work. Consult with a real estate attorney for legal advise before you start down this path.... more
The only restriction may be if you were on the mortgage. Read the short sale paperwork for restrictions. If you wee not on the mortgage, you should have no liability to the amount shorted and there for no problems buying, if you were on the mortgage, then have a lawyer read everything to make sure.... more
The general answer is yes, your neighbor or friend can purchase your home in a short sale. Most short sale documentation has an arms-length transaction affidavit. Your proposed scenario will be compared to the affidavit.... more
I know we really see it slow down, just fewer buyers out there at the moment. Therefore, it's really price driven here. If your home is priced more competitively and in good condition, it will make the top of the list. Good luck!... more
It is a top secret formula that is often flawed because it is not taking into consideration location, condition, extras, upgrades and amenities. It also uses short sales and REO sales that can bring down values.... more
I work with an investor group that rehabs distressed properties. All cash deals, quick closings. If you'd like me to take a look, call/text/email me. 201-741-7238 Tracy.firstname.lastname@example.org... more
Can you rent it out at a reduced price compared to other local condo rentals? If the building is not habitable and the financials are analyzed the banks will not issue a mortgage. Your other hope is a cash buyer who buys the unit 'AS IS'.... more
We generally tell sellers that after 2 weeks and the showings drop off to nothing it is time to do a price adjustment. It's just a general rule of thumb. There can be circumstances that contribute to a lack of action such as weather and holidays but for the most part , it's the price... Bottom line.... more
I want to sell my condo but someone is renting it. Can I break the lease as the owner by giving them 30 60, 90 days notice? I don't want to wait 10 more months for the lease to be up? What is the minims notice I can give them?... more
My marketing plan sells homes on an average of 22 days. I have devised a way to put buyers and seller together with my "Full Active Marketing" plan. Give me a call and we can set up a time when you're free to do a listing presentation and I can show you what I am talking about.
I can answer your general question about finding a "full time" Realtor. I will leave the local sales part to someone in your area.
You can call the agency, or agencies, who do a lot of business in your area. You can determine this by viewing property on Trulia, or on your choice of sites, and seeing who shows up most. Call either an agent who advertises on these sites or call their agency and ask for the "Designated Broker". This DB will be able to connect you to a Realtor who works your location.
You may want a listing agent who specializes or, better yet, a Buyer Agent who also lists property. Once you list your property the job will be to find a qualified buyer and either should do the job for you.
Consider, of course, that you have a listing agreement with an agent now and will need to wait for that to lapse before moving on.... more