Not hearing that at all. Here in Northeast, Ohio, home sales and prices are up. The market is on the rise, and we're seeing many getting ready to get their home on the market. Many homes are selling in less than a month. Things are actually increasing and looking up! Good news on the real estate front.... more
Consider giving the broker a while to respond to your request before sending a certified letter to the local board of realtors expressing information about a possible ethics violation.
There's always "two sides to any story." It may take a few days for the broker to collect the information needed to get back to you. One thing is for sure.....you will get a response from someone in the event you need to contact the local board.
It depends alot on where the property is located. But if you are looking for folks that may be interested in home because of the chair lifts, you are looking at a very small segment. Most people of the age needing those more than likely already own a home. I would just market the home to the general market and see what happens. These days, you need to expose to the most people you can.
Ohio Realtor,... more
My team and I would be happy to help. We're very experienced in the Greater Cleveland and Northeast Ohio. If you're looking for a top agent, we are consistently in the top 1% of all area Realtors (17th out of 7,000)agents currently) in number of transactions.
I can promise our dedication to assisting you with the sale of your condo...
Short sale is a decision that home owner makes after evaluation their need and financial condition but it needs lender's approval. There is no underlined guidelines for short sale and it's approval depends solely on lender's wish and risk re-assessment. It has got nothing to do with HAMP or HARP refinance. It makes no difference at all. If you wish to leave the house and make no mortgage Payment lender cannot levy your pay checks but they have all rights to report behind payment to credit credit bureau which will lower down your credit score and hence lower the ability buy a new home.Moreover, if you wish to leave the house and leave no option for lender other then short sale, they will report short to bureau which will lead to inability to buy new home for at least 3 years. At the same time lender will report their loss to IRS and you will have to pay taxes for the amount of lender's loss as it will be counted as your income for that particular year.
Short sale is very important decision to make as it has it's own consequences. If you have good understanding with the lender and if you could convince them to approve the loan and do a better than fair credit reporting , your credit will not be hampered a great deal.... more
There are many ways to do this. And, it SHOULD be explored and done before you put the home on the market. These days, the home that has been staged wins the race. It's just that simple. Try to pretend you are a buyer...stand in front of your home...what do you see? (try to be objective!). Any time a Realtor and buyers are standing on your door step, and Realtor is opening the door (first the lock box, key)...about 2 minutes worth of time, the buyers are intently studying the front of your home...are your concrete steps cracked, or need tuckpointing? Does your front door need re-painted? How about the door frames, shutters? How's the landscaping (over grown? or flowers and flowering colorful?) Put pots of flowers at front door. Make sure the exterior is immaculate. You only get one chance with a buyer The interior - A whole host of items to look at and determine what to do prior to listing/marketing. The single most important is to clean clutter....get rid of everything...most of your family photos (buyers look at these...and then don't see the house!), you can pack boxes and store them (in attic, in basement, or rent at storage room) - people understand moving boxes. They automatically don't like clutter, and it makes it difficult for them to focus on the house; paint the entire interior if it hasn't been done in awhile (freshly updated works), wash windows...let light shine in... take out large, unwieldy furniture...simplify....minimalist is what you want. How's the carpeting? If not good, take it out; if you have hardwood flooring then make it look good. Sometimes this means refinishing. I have a booklet, "90 Ways to Selling your Home" if you would like it. It sounds as if I am telling you to spend a lot of money. But, painting the entire interior gets you more money in an offer...and subtracts money off an offer when a buyer thinks THEY have to do it. (And, inevitably, the OVER estimate that price) Watch HGTV...those people can spend $2,000 and the house sells in a heartbeat. For more money! New shrubs, etc., a cost $50 today, and return an investment well over 200% on resale. There is so much more....I just cannot tell you everything. You need someone experienced in this walking through your home and telling you these things. Many times I hire a "stager" for a listing. Homes sell faster, and for a higher price when staged. Fact. Not a guess! Contact me if you like. Good luck! Go to my website .....By the way, good question, and glad you are thinking along these lines. Your Realtor....or you as FSBO...have one goal. SELL THE HOUSE! Do whatever it takes.... more
Hi There Bbomom, thanks for the question,
In a short sale the primary mortgage is wiped out. This means that the lending institution will write off the loan on their books. They will then send you a 1099-C(cancellation of debt). This must be reported on your tax return.
The subordinate loans; 2nd, 3rd, 4th.... are not directly part of the foreclosure of your primary loan. Your Realtor or your attorney will have to negotiate directly with the entities that hold these subordinate loans.
So in answer to your question, Yes you are responsible for the balance on the second. Tell the realtor or the attorney that is helping you with the sale to contact the holder of the second. It is important that the second is handled correctly during the short sale process.... more
I can tell you as a seller that the improvements don't make a huge difference right now. If you list above
"market value" the house will be difficult to sell. It's very competitive everywhere!
I am sure the awesome Real estate Professionals on here can answer best..I am just giving you my personal experience :)
Good luck to you!... more
Depending on how you negotiate that into the sale of the home, it is possible to accomplish that. The new owner and your insurance companies should be made aware and the appropriate coverages put into place during the transition time. A general rule of thumb is to not go much beyond 30 days whether you are paying rent or not assuming the new owner has a mortgage on the home. Good luck.... more
I think your biggest concern should be how often will this agent be in contact with you as far as feedback from your showings, number of hits from buyers on your property, keeping you updated with what is happening in your area is #1 This gets our listings sold quickly.
Call me for more details, Rose Tibbles (734) 812-6745... more
You need to discuss the situation with the broker owner of the realty--he/she is the decision maker--not the agent, and not necessarily the manager-If all else fails and you absolutely need to break your contract, contact an attorney who specializes in real estate, and see what options you may have--... more
Instead of holding the open house on your own, another idea would be to have your Realtor have someone else in his office hold the open house for you.
There are definitely some challenges in holding the open house on your own, so if you decide to do this it would be best to discuss this with your Realtor first.... more
Unfortunatly, It happens all the time. I would check the properties in the area that are for sale and see what they are offering at the same price as yours then make any adjustment or repairs to be equivalent to your sales competition. Talk to realtors in the local area for advice.... more
I am a local agent and I work with a lot of investors in the area. Do you have a list you could email me with pricing?
Please email me at: firstname.lastname@example.org
Andrea T. Robinson
Keller Williams Realty