28412 : Questions & Answers

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Adam Slack, Real Estate Pro in Wilmington, NC
Adam Slack answered:
Can't Find a new nice home in Wilmington, NC?
J,

You do not have to pay mortgage insurance. There are multiple loan options with as little as 5% down without mortgage insurance. You can also split the 1st loan up at 80% of the ... more
0 votes Share Flag Sun Dec 8, 2013 Home Buying in 28412
Robert Howell, Real Estate Pro in Wilmington, NC
Robert Howell answered:
Want to buy my first home in the wilmington, nc area.
Hey Technoguunter3 from Charlotte.
I stopped saying "no problem" many years ago in my career. But I can tell you that if me and my lender can't get you into your first home, I will wil ... more
0 votes Share Flag Sat May 4, 2013 Home Buying in 28412
Jeff Lesley, Real Estate Pro in Wilmington, NC
Jeff Lesley answered:
what percentage of a Listing agents/ co sell a home?
Hi, I hope you are doing well and yes I would agree with Jay that it does need to be clarified a bit. It is a very small percentage where the listing agent is also the seller sub-agent ... more
0 votes Share Flag Wed Feb 13, 2013 Home Selling in 28412
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
I will be selling a condo in Skokie, Illinois, suburb right next to Chicago.. Typically, what percentage will I have to pay a real estate agent?
There is no "typical, average, usual, normal, regular"... percentage. Each agent/agency charges a fee commensurate with the services they provide.

Call a few agents in the area and ... more
0 votes Share Flag Sun Dec 16, 2012 Home Selling in 28412
Rosemary Ber…, Real Estate Pro in Wilmington, NC
Rosemary Berberian answered:
What would a Townhome rent for? Excellent condition, 2b/2bath. 1000sq ft. court yard, fenced in rear yard. Want to rent it beautifully furnished.
Amount of rent you could get would depend on location.

Jean B.
0 votes Share Flag Mon Sep 10, 2012 Rentals in 28412
Peter Sweyer, Real Estate Pro in Wilmington, NC
Peter Sweyer answered:
Are renters prepared to have a credit check when applying for a home?
It is customary for property management companies to perform credit checks on prospective tenants. Some tenants will be prepared for this while I'm sure others will not. It has b ... more
0 votes Share Flag Thu Feb 9, 2012 Rentals in 28412
Rob Hughes, Real Estate Pro in West Chester, PA
Rob Hughes answered:
Do vacant houses rent more at the beginning of the year or middle of the year?
Depends on the supply of rental houses at any particular time and area Victory. In my locale of Pennsylvania, rental homes are flying off the shelf. Any rental house in our area rents w ... more
0 votes Share Flag Fri Feb 3, 2012 Rentals in 28412
Peter Sweyer, Real Estate Pro in Wilmington, NC
Peter Sweyer answered:
what percentage do real estate listing agents get and what is the average listing contract time?
Mom,

Real estate commissions are negotiable. But be aware that you get what you pay for. In this market you need to do everything right to get your house sold. That means your hou ... more
0 votes Share Flag Sat Jan 21, 2012 Home Selling in 28412
Peter Sweyer, Real Estate Pro in Wilmington, NC
Peter Sweyer answered:
Credit scores: 527, 563, 572. Paid over $50,000 in rent w/in 6 yrs.Makes me want to vomit. Over $50,000 in student loans.What kind of shot do I have?
Aundreeuh,

Your median score is what lenders use for your credit so although you will unlikely qualify with traditional banks and mortgage brokers, you may be able to make a case to ... more
0 votes Share Flag Sat Jan 21, 2012 Home Buying in 28412
Tina Yeates, Real Estate Pro in 90068
Tina Yeates answered:
I bidded on a foreclosure listing several days ago.I checked the listing today and it said active and off market. What does this mean.?
On the auction sites they will typically list the property on their website until the auction date. Near or on the auction the day they will mark it as Active Off Market. Meaning they ... more
0 votes Share Flag Mon Jan 2, 2012 Foreclosure in 28412
Bobby Jean H…, Real Estate Pro in Wilmington, NC
Bobby Jean Harvey answered:
Price of houses sold. Where is a up to date list or source.?
This is a easy attainable list for licensed agents..just let me know where you want it sent too and I can get it to you. To get a more detailed list I will need to know exactly what yo ... more
0 votes Share Flag Fri Nov 4, 2011 Home Buying in 28412
Bobby Jean H…, Real Estate Pro in Wilmington, NC
Bobby Jean Harvey answered:
What does active temporarily off market mean?
Means the seller has removed their property from being a "active" property...ready to sell. Sometimes when sellers have emergencies, or family situations or whatever...they ca ... more
0 votes Share Flag Fri Nov 4, 2011 Home Buying in 28412
Jeanne Feeni…, Real Estate Pro in Basking Ridge, NJ
Jeanne Feenick (908) 337-0943 answered:
Are school districts a big determinate when renters are looking for a new home?
You bet, if the renters have children - in terms of resources - I direct them to info at the state level and also here in NJ we've got a great state-wide school report card that co ... more
0 votes Share Flag Thu Nov 11, 2010 Rental Basics in 28412
Ken Teeter, Other/Just Looking in Clayton, NC
Ken Teeter answered:
Number of rooms. I had 3 realtors and 1 appraiser enter into the forms room count. I got 4 different numbers.
If the room has a closet and window(properly sized) it could be considered a bedroom vs bonus room. Sometimes if a septic tank is present it may be rated for only 3 bedrooms. If there i ... more
0 votes Share Flag Thu Sep 2, 2010 Home Selling in 28412
Glen, Home Seller in Wilmington, NC
Glen answered:
We need a broker who wants to make some money, one who doesn't mind working to sell our home.
go with Envirion - Gene Bush agent.
0 votes Share Flag Wed Jul 16, 2008 Home Selling in 28412
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