Ernest, each HOA will charge a fee to cover different things. Some charge a low amount and only cover general ground work around the entrance to your neighborhood but some charge higher amounts for common areas, pools and tennis court upkeep. It all depends on your neighborhood. When you purchase, you will get a book that itemizes what your fees cover. If don't want to wait, you can call or visit (or sometimes look on line at the HOA's website) and find out ahead of time.... more
You should speak to a lender about what kind of documentation you'll need in order to obtain a home mortgage. Standard things they could ask for are running your credit score, checking your debt-to-income ratio, your W-2s or 2 years tax returns if you are self-employed, bank statements with your down payment/reserve funds. They may need additional documentation based on your specific needs but that should give you a good place to get started.... more
As for staying away--Did you have a home inspection, if so did it turn out well; do you have an agent...unclear, was the appraisal for 6K less, if so did your agent try to renegotiate on your behalf, is there a loan inolved, etc.; consult with your agent.... more
CMA's should be based on area home sales (same school district...same zip code) preferably within 1 mile radius of homes sold within the previous 90 days.
Does that information, coupled with the fact that a home buyer cannot get a mortgage on a property that cannot be appraised based on that criteria, stop people from trying to sell for more money?
It is up to the real estate agent to educate the home seller; who is educating the real estate agents?... more
This zip code is serviced by two school districts, Lakeland and Hendrick Hudson. Their web sites are below and will provide you with details that I am sure will be helpful to you.
Best of luck.
It depends. Depends on the house, the location, the current market conditions, and the comps. It also depends on whether the owner has done any rehabbing since then. Some owners put properties on the market; the don't sell; they're taken off and have some work done (carpeting, painting, maybe more like new bathrooms), then put back on the market. If you're looking for a magic formula, a rule of thumb, there isn't one. Also depends on whether it's gone into foreclosure. Lots of properties start out at one level in pre-foreclosure, then plunge as a short sale becomes inevitable or the banks take ownership. I've seen properties that were on the market for, say, $430,000 that might have been bought for $410,000 two years earlier get listed in the range of $280,000 as a short sale or REO. Otherwise, I wouldn't be surprised at any price within a range of, say, $389,000-$450,000.... more
Most of the atty's I deal with are around 1k to 1,200 and thats it. Unless there was alot more work involved in the transaction, like sending out contracts more than once. But if everything went according to the norm. I would say $2,500 seems like alot.... more
Hi Elvira, I can't speak about your property specifically because I haven't seen it. With that being said, the housing market is MUCH different from last year. The homes that have sold in your area (within the past 3-6 months) along with your properties condition, and location will determine proper pricing.
Legends Realty Group
Pools are only worth something to someone who wants a pool. When selling a house, having a pool actually limits the market who would be interested in the house.
The value of a house is based on extremely recent sales in the immediate area. There is always a range in a neighborhood. The nicer condition of the property/house, the higher up on the range will you find the house.
When you sell as a FSBO or purchase on your own from a FSBO, you leave yourself exposed to an unbelievable amount of risk...Realtors spend years of training, education and experience and need licensing for a reason.... more