14610 : Questions & Answers

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Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
if i signed an exclusive buyer agency agreement but my realtor goes to another company, can i still use my agent/
My suggestion would be to call the ex-broker, the Broker he had when he started working with you:
Tell the Broker that you want to still work with the Agent.
This should nip any probl ... more
0 votes Share Flag Thu Jun 23, 2011 Home Buying in Rochester
Michael Twen…, Real Estate Pro in Rochester, NY
Michael Twentyfive answered:
Any agent experienced with foreign buyers and setting up LLP ?
We can assist you, we work with and manage several real estate portfolios for out of town investors. Contact me anytime.

585-754-8955 is my office number.
0 votes Share Flag Sat Nov 3, 2012 Home Buying in Rochester
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
hi, well im interested in investing in some real estate in Buffalo and Rochester NY, can i get any help ??
Consider working with an agent of your own; interview in person a few local agents from different realty companies then choose the one you like best--your agent will be your best guide.
0 votes Share Flag Wed May 23, 2012 Home Buying in Rochester
Zisis Sakell…, Real Estate Pro in Syracuse, NY
Zisis Sakellariou answered:
Buyer's Attorney for Rochester, NY: Is this the usual case, or can we do a closing without a buyer's attorney?
Hi Logan,

Typically in this area it is very typically for both sides to have an attorney and it IS STRONGLY ADVISED to do so. There job is to review all the documents, offer you the ... more
0 votes Share Flag Tue Aug 7, 2012 Home Buying in Rochester
Brent Kluge, Real Estate Pro in Rockville, MD
Brent Kluge answered:
Employment change - after mortgage application.
Always best to disclose everything and as early as possible. Treat your LO like your friend. He wants to get your loan approved as well... perhaps he has some alternatives or options. ... more
0 votes Share Flag Thu Apr 28, 2011 Home Buying in Rochester
Lenee K. Mag…, Real Estate Pro in Orlando, FL
Lenee K. Magnuson answered:
can a buyer speak directly to the seller's listing agent even though they have a real estate agent representing them?
It isn't technically unethical, but it can be very awkward and uncomfortable for the listing agent as he/she will probably not want to have conversations with you without the prese ... more
0 votes Share Flag Thu May 10, 2012 Home Buying in Rochester
Gregorio Den…, Real Estate Pro in San Diego, CA
Gregorio Denny answered:
is 5.6% APR on a FHA a bad rate on 4.625 interest rate on a 185,000 home?
NO, the APR will not change your payments, the payments are based on the note rate of 4.625%. The Annual Percentage Rate (APR) is the cost of your credit expressed as an annual rate. Be ... more
0 votes Share Flag Wed Apr 27, 2011 Home Buying in Rochester
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
For sale?
Contact any local agent/realty office, they all have access to the same information, or directly contact the listing agent.
0 votes Share Flag Wed Apr 27, 2011 Home Buying in 14609
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
Did you know that commissions in NY State are negotiable?
Commissions in all 50 states are negotiable. Set commissions would be considered collusion and a violation of Federal Anti Trust laws.

Your posting is as relevant as a posting that s ... more
0 votes Share Flag Wed Aug 1, 2012 Home Selling in Rochester
TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Can a seller accept 3 offers at one time on same property?
They can review and accept. But they only have one property to sell. So what they would probably do is accept with a condition. Perhaps it's a short sale and the condition is su ... more
0 votes Share Flag Sun Jul 24, 2011 Home Buying in Rochester
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
If I place my home on the market as a rent to own with a 1 / 2 yr timeframe, whats the normal % charged above the going rate in this scenario?
Frank,

Typically, the agent's fee for professional services for a transaction of this nature would be paid at the time the agreement was agreed to by the parties involved and de ... more
0 votes Share Flag Sun Mar 6, 2011 Home Selling in 14615
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
my husband is in the process of filing bankruptcy for himself only. I have good credit. How long do we have to wait to apply for a mortgage with me?
Only professional render an opinion is a mortgage broker who will review your loan application and financial statements and etc

Lynn911 Dallas Realtor & Consultant, Loan Officer ... more
0 votes Share Flag Mon Nov 12, 2012 Financing in 14623
Christopher…, Real Estate Pro in Rochester, NY
Christopher Carapezza answered:
My house sold w/consessions the bank may not approve due to Fair MV(waiting 2 weeks). We found a house but i am leary to bid with a contingency.
From my understanding is if the mortgage gets approved on your house, you would want to buy the For Sale By Owner house correct? And if the deal on your house falls through, then you w ... more
0 votes Share Flag Mon Feb 21, 2011 Home Buying in Rochester
Raymond Camp, Real Estate Pro in 14580
Raymond Camp answered:
in a bidding war on a foreclosure, at list price now and the website lowered the price by 3ooo, they want highest and best this morning what do I do?
Are you working with a Realtor? Does the seller have an attorney experienced in short sales? Have you done the comps to see what other properties are selling for? When those are done is ... more
0 votes Share Flag Sun Jul 24, 2011 Foreclosure in Rochester
Raymond Camp, Real Estate Pro in 14580
Raymond Camp answered:
How do I list a property for short sale?
Carson, Make sure you have a reliable realtor; an experienced attorney in short sales and a willing bank.
Thank you,
Ray Camp
0 votes Share Flag Wed Jan 30, 2013 Home Selling in Rochester
- Sal Salafia…, Real Estate Pro in Rochester, NY
- Sal Salafia - answered:
I found an article Top 10 Cash Flow Property Markets" written Jan 08. It listed Rochester as no 1. is there a 2010 ranking? Where does?
I wasn't able to find anything more recent than 08 either. However I did find these two links below that I thought you might find interesting! If you are looking for income prop ... more
0 votes Share Flag Wed May 16, 2012 Market Conditions in Rochester
Gail Gladsto…, Other/Just Looking in 11743
Gail Gladstone answered:
Anyone know of a good lead generating website aside from trulia.com and zillow.com?
Sal, I train Realtors nationwide and try everything before I recommend it out to other Realtors. There is only one lead generating service (other than getting out there and knocking on ... more
0 votes Share Flag Sun Jan 16, 2011 Tech Tips in Rochester
Gail Gladsto…, Other/Just Looking in 11743
Gail Gladstone answered:
when selling a house in NY do i have to have an abstract and a survey? if so how much should they cost? i didn't get them when i bought the house
Speak with your attorney. Seller provides survey as a courtesy. If none exists, buyer must order one.
0 votes Share Flag Wed Aug 1, 2012 Home Selling in Rochester
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Real estate agent in Rochester, NY who is knowledgable about short sales and foreclusures
Why not consider contacting a few different realty offices, and interviewing in person a couple of local agents, or as many as needed, and then choose the one you like best. You can als ... more
0 votes Share Flag Tue Feb 8, 2011 Home Buying in Rochester
Donna Cornell, Real Estate Pro in 14580
Donna Cornell answered:
I have applied for loan modification. It has been a long journey. Should we hire an attorney to help with this process?
Hello Kevan ,No you do not need an attorney but there are special mortgage brokers that only deal with loan modifications. Call Rebecca Mattalone at 347-528-8997 and she will help you ... more
0 votes Share Flag Mon Jul 30, 2012 General Area in Rochester
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