According to the MLS it is under contract as of October 4, but has not yet closed. If you would like some help in finding a similar property don't hesitate to contact me. I specialize as a buyer agent, and there is no extra cost for you to have your own agent on homes listed by a realtor. Search for homes on my home search website below.... more
The square foot given on Trulia is most probably picked up from the public records which is usually the county assesor's office. An appraiser is actually going to go out and measure but I have known the square foot to change from appraiser to appraser on the same house. Where is the seller getting their info from for the measurement? Why are they so absolutely positive that's the correct number? Seems a little odd.
Everything based on the square foot such as taxes, $/ square foot is always based off the assesor's numbers. I would go by that no matter what the seller says becuase everyone else is going by that number. In this case, the discrepancy is only 30 square feet. That seems well within the error limitations for measurements in a home. If it were my house, I wouldn't worry about the difference.... more
There is no way to answer that. Each case is different and it all depends how much they will lose in the deal and what the property is worth and how much the primary will pay the 2nd lien holder. One lien is bad and can take months, 2 can take longer if they allow the short sale at all. Remember, they don't have to allow it at all and it can take you months to find that out. If you are in a hurry, forget short sales !!!!!!!!!!... more
I assume you're trying to figure a market value for a house on 2 acres. It's more complicated than adding the value of 2 acres of land to a price per sq ft of a house. As an appraiser and a realtor I can tell you that it all depends on the houses in your market and the land value in the market. If comparable houses in your market are also on 2 acres of land then you would consider their price per square foot. If everyone else in your market area (neighborhood) is on a typically residential lot and you are on 2 acres, then your 2 acres won't add much value to your house because it atypical for the area. The best thing would be for a realtor to do a Comparative Market Analysis or an appraiser to do an appraisal for you. Who you go with depends on what you're trying to accomplish with this value. Feel free to contact me if I can be of assistance to you.
The Real Estate Consultants
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Sara, that's a great question!
However, so the conversation can be objective...please define "AMAZING PRICE."
Without some vague notion of what you are looking for, it will be easy to say, "If you don't buy by years end, you will be guilty of sitting along the sidelines watching as the bottom of the market passes by."
There are GREAT deals to be found today. Some however, may have unrealistic expectations. These folks may be listening to intently to renters who have never owned a home, have not been engaged in a real estate transaction in ten years yet offer 'real estate' advise on aggregate web sites, where unsuspecting citizens think the data is valid.
Now, what is 'Amazing price?"
Best of Success to You.
Annette Lawrence, Broker/Associate
Remax Realtec Group, Palm Harbor, FL
727.420.4041 - http://www.RealEstateMadeEZ.us (al)... more
Many MLS systems have a feature that will automatically email you new listings and price changed listings that match criteria that is added by a Realtor. This is the very best way to get current listings fast, looking for this same info on internet sites will be slower because the listings are added here in days to weeks if at all. Contact a local Realtor and ask if their MLS system does this and let them add the criteria you want and it will send you the listings as soon as they are added and not days to weeks later. It's free so why wouldn't you?... more
You would need to consult with your loan officer on this. However, in my experience FHA will not finance a home that is missing the necessary appliances--and a stove is part of the inspection process.
I would have to look at the MLS information to see about answering your question about replacements.... more
USDA permits financing less than 3 years from a Ch 7 BK, but before 3 years the lender has to make an exceptionally good case to USDA for there to be a "waiver" to the 3 year requirement. The lender must document the compensating factors as well as the rationale used to approve the loan, as well as document a 12 month on time rental history for you. Exceptions to the 3 years generally will include extenuating circumstances being the cause of the BK.
It sounds like perhaps they didn't have enough compensating factors to document, or USDA didn't accept their rationale to approve the loan. Or they may just have failed to initially realize that your BK was within 3 years.
FHA financing just requires 2-years from the discharge date on a Ch 7 BK.
Was your BK a Chapter 7?... more
You can buy a home. If you need a mortgage, I suggest contacting a local bank or mortgage company of your choice. You can try Wells Fargo Mortgage, for example. That's step one. After that, please contact me and we'll go from there.
Coldwell Banker Harris McHaney & Faucette
I would visit another lender but if your credit score is below 600 you may not be able to buy a home right away. After the mortgage meltdown in the past couple of years, lenders are very skittish about risky loans, and if you have 4 late payments past 30 days, you would be considered a risk.
You need to clean up your credit. Pay all of your bills on time for at least 6 months to a year. The best would be to visit a reputable credit counselor who may be able to suggest other measures. An alternative would be to follow some of the tips at the following website:
Also read the other articles relating to your credit report and FICO score.
By law, you do have the right to see a copy of your credit report. There are 3 credit reporting agencies, and they will generally have mostly the same information but they may differ as well. To obtain a free annual copy of your credit report from all three reporting agencies, go to the following website:
In addition if there are errors, you also have the right to correct them, but that may take some time and letter writing to the different companies involved.
Another option would be to purchase a home on a "rent with option to purchase" basis if the seller will accept this. Getting the seller to do this would be on a case-by-case basis, since not all sellers will want to do this. On the other hand it is now more common, since there are a lot of homes on the market. Just be forewarned that you usually cannot get a foreclosure or a short sale property to agree to do this.
Also refer to my website below.... more
The reality is that the answer depends on which area you live in. There are many factors that drive real estate prices, most of which centers around demand.
Some markets are still very hot, while others are cold.
I know that doesn't really answer your question, but if you are more specific, you will likely get the answers you want.... more