Definitely talk to the listing agent and/or the listing agent's Broker. See how that works.
Foreclosures and short sales are very difficult at times, and, believe it or not, it is not always about the realtors, but in fact about the banks/lenders involved. One hand does NOT know what the other is doing. Since the housing crisis hit 5 years ago, it's been that way. I'd be willing to bet that the lender is Chase, Bank of America, or Wells Fargo....or some small, unknown mortgage company?
By the way, there are Realtors belonging to the National Association of Realtors (NAR) or Certified Residential Specialists (CRS), who also have a CDPE designation (Certified Distressed Property Experts) wh9o specialize in this type of transaction, or at least have been seriously trained, unlike your two agents. I am a CDPE. I was trained. And, guess what? It was ridiculously difficult to even get these banks to work on anything. The banks are the problem in many cases.
Good luck.... more
No, you don't. There is no executed contract. If your offer is still live, your agent should rescind it right away if they haven't already. If the contract is accepted, your agent will deposit your funds within 4 days of acceptance or whatever your contract reads. The agent you are working with should have explained all of this to you and be involved with your decisions each step of the way. It's in your best interest to talk with them as soon as possible. Best of luck with your future house hunting.... more
No link is visible, however if the property is listed with a broker any local agent/realty office can help, they all have access to the same information, or you can work with an agent of your own, or contact the listing agent directly. If looking at RealtyTrac ads, keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in foreclosures, work with an agent, as most do end up being listed by a broker--he/she will have access to reliable information--also don't overlook traditional sales as some may turn out to be a much better bargain than some of the foreclosure properties.... more
Where did you see the house? Generally, when a bank lists a foreclosed home for sale, they hire a real estate agent to represent them and it will appear in the local Multiple Listing System. There you will find the name and telephone number of the listing agent. However, you should also know that any real estate agent can help you put an offer in on the home. My advice would be to find a good local agent to work with as a buyers' agent. Look for the SFR (Short Sale and Forelcosure Resource) designation and/or the CDPE (Certified Distressed Property Expert) designation.
Also, you need to be aware that there are services that merely print a list of homes that have been served with a notice of foreclosure or that have actually been foreclosed on. They look like for sale listings, but they are not and it can be confusing. These homes will only be available for purchase once the owners, whether that is the bank or the owner in default, lists them with a real estate professional.... more
You'd need at least 12 months from your foreclosure regardless of your credit score. That's 12 months if you meet the FHA "back to work" initiatives. Otherwise it could be 2-3 years at minimum before you'd be eligible depending on the loan program. If you might have add'l questions, I'd be happy to help. Best wishes otherwise, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile.... more
You should definitely talk with Trulia customer service. They would be the ones to remove it. It shows that Nancy Bass has it listed. You should message her also to remove any advertising for the property so it doesn't show up for sale...... more
Yes. Up to 65% loan to value. If I can answer any add'l questions I'd be happy to help. Best wishes otherwise, Kimberly Lawson, mortgage loan originator - Ohio only. Contact and licensing information can be found on my profile. (Writing from my cell, please forgive unintended auto corrections.)... more
Hi, I noticed you were trying to ask a question and haven't gotten response. The post appears to be incomplete. You may want to add to your post if you're still looking for a response. Best wishes otherwise, Kimberly Lawson. Mortgage Loan Originator (Ohio only). Contact and licensing information can be found on my profile.... more
I'm a real estate agent in Ohio, and yes, there are physician loan programs available. I have several mortgage lender contacts I would be happy to share with you. I invite you to contact me at your earliest convenience, so I can help any way I can.
Dominic M. Picione
Hi, to find out what the crime is in North Collinwood, or anywhere else for that matter, check with the local police department or go to http://www.neighborhoodscout.com/?gclid=CJy846TmsKYCFQY65QodOT8Oow and type in the city and state or city and zip code. Once you have entered in the city and state or the city and zip code, you can narrow the search down further to a neighborhood or to an address and gain access to the crime rates, public schools, appreciation rate, etc. Good luck!... more
I would recommend you work with an agent to list your home. The agent not only list your home on local MLS and many other internet listings, also will help you to go through many steps during the transaction. I'd love to help, but it's really up to you how you like to work with the realtor you feel comfortable. Best wishes!... more
A 1041 transfer is in cases of divorce as far as I can tell so that a spouse is not damaged by taxes in the transfer of a property that they have lived in for many years. There should bee nothing to set up just the paperwork to file at the time taxes are done.
If you are talking about the sale and purchase of investment property that is a 1031 exchange. You would be best off getting a tax or real estate attorney involved depending on your comfort level with them after you interview them.... more
Best way to get information about the crime rate is to vist the local police department. They will have all the statistics you need to determine where you might want to live.
Good luck and if you need any help finding a home, I would be happy to help you with that.
Howard Hanna Real Estate