97219 : Questions & Answers

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Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
Listing agent wants me to sign the backup addendum extension. Do you think that he is not very positive about the first offer or what. Help me.
Since we're not mind-readers, we can only guess at what he's likely trying to accomplish. If you're in a competitive situation, the listing agent may be doing you a favor by keeping yo ... more
0 votes Share Flag Tue Sep 18, 2012 Home Buying in Portland
Tom Inglesby, Real Estate Pro in 97239
Tom Inglesby answered:
My agent says I will be the 2nd in the line. In most cases what would be the contingent for most buyer? Thank you Sonya
An offer that is in second position in line is not what we would call a back up contingent offer. A back up offer not a second on a contingent offer because most of the time they are ... more
0 votes Share Flag Sat Sep 15, 2012 Home Buying in Portland
Regina Ferron, Real Estate Pro in Whittier, CA
Regina Ferron answered:
If the listing says active contingent or under contract. Should I still put my back up offer?
Hi Sonya, I would say yes! If the current buyer has an issue and has to cancel escrow, you will be next in line.
0 votes Share Flag Sat Sep 22, 2012 Home Buying in Portland
Wayne Olson, Real Estate Pro in Portland, OR
Wayne Olson answered:
What is the difference between active contingent, pending, under contract (MLS listed) and pending offer?
Hi Sonya,

RMLS recently added a new status for short sales: Short Sale Pending. Most likely this is what the various websites you are looking at are trying to capture but haven't bee ... more
0 votes Share Flag Fri Sep 14, 2012 Home Buying in Portland
Linda Heinri…, Real Estate Pro in 97034
Linda Heinrichs answered:
how can i postpone a foreclosure to sell off assets to update arears on equity debt?
You should contact an attorney to help you, but at the very least contact your lender via phone and in writing to let them know what your plan is. If you need assistance with a short s ... more
0 votes Share Flag Wed Sep 12, 2012 Home Buying in 97206
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
puschase contract canceled agreed by both partys inspection contingencie not signed by both parties.broker demanding full comission from seller
Let them demand all they want. Have the number for an attorney available if you need it to sort through the details since we don't have any.
0 votes Share Flag Wed Sep 12, 2012 Home Buying in Portland
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
Im in ohio,I was not given a copy of my listing agreement or purchase offer dose this legally void everything
No you should have them as soon as possible but this does not void anything. Contact your Realtor® and ask for copies. You should have had a copy of your listing agreement when you s ... more
0 votes Share Flag Thu Sep 6, 2012 Home Buying in Portland
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
I signed a contract to buy a condo. Inspector says there are areas within the condo that needs to be repaired.
That would depend upon who is doing the repairs:
If the SELLER is doing the repairs; they should be finished before the Close of Escrow, unless you have given permission to the contrar ... more
0 votes Share Flag Wed Sep 12, 2012 Home Buying in Portland
Anne Yoo, Real Estate Pro in Portland, OR
Anne Yoo answered:
Is simultaneous closing/back to back closing illegal in Oregon?
No, but it's sometimes hard to achieve because the two (or more) deals involved have to be approved and able to close at the same time; if mortgage lenders are involved, that can make t ... more
0 votes Share Flag Tue Sep 4, 2012 Home Buying in Portland
Ruth Velez, Real Estate Pro in 97068
Ruth Velez answered:
I am looking to buy a large amount of land or house with land within city limits
Hi, Austin:

I'd be happy to help you. Please contact me, and we'll go from there.

Best regards
0 votes Share Flag Tue Sep 11, 2012 Home Buying in Portland
Cindy Westfa…, Real Estate Pro in Tualatin, OR
Cindy Westfall, ABR,GRI answered:
Moving from London to Portland in January. Need somewhere close to downtown and also good access to Beaverton. No children - what area?
Hi Laura,
Your best bet would be to interview a few agents and choose one to work with you closely to narrow down specific areas and neighborhoods that would work for you. Your price r ... more
0 votes Share Flag Mon Sep 24, 2012 Rentals in Portland
Ruth Velez, Real Estate Pro in 97068
Ruth Velez answered:
How can a new investor hook up with a "seasoned" buyer's agent in wholesaling area?
Hi, Elisa:

Our agents work with many investors. If you would like to attend one of our investor workshops, please feel free to contact me. I'll be happy to provide further informat ... more
0 votes Share Flag Tue Sep 4, 2012 Home Buying in Portland
Melina Tomson, Real Estate Pro in Salem, OR
Melina Tomson answered:
My husband & I had a ch 7 discharged 3 yrs ago. Any tips on a mortgage lender?
You need 4 years for most lenders in order for them to sell it later. If you want to try and get a loan now, you will need to find a lender that holds their own loans rather than sells ... more
0 votes Share Flag Sat Sep 15, 2012 Home Buying in Portland
Aleem Mohamm…, Real Estate Pro in Addison, IL
Aleem Mohammed 630 999 8417 answered:
Replace the Oil Furnace with Gas...or let the buyer decide?
Bart,

In order to be proactive, I would probably get estimates to show the buyer what it would cost and help to educate them as to whether they want you to convert it, or leave it fo ... more
0 votes Share Flag Tue Nov 5, 2013 Home Buying in 97203
Melina Tomson, Real Estate Pro in Salem, OR
Melina Tomson answered:
Is it possible to convert an FHA loan into a "normal" fixed rate loan by paying off 20% or more of the principle?
We will need a mortgage broker to weigh in, but I think you have to pay the mortgage insurance for 5 years on an FHA loan before you can get rid of it. You can, of course, refinance in ... more
0 votes Share Flag Fri Aug 31, 2012 Home Buying in Portland
Marcus Neces…, Real Estate Pro in 72712
Marcus Necessary answered:
Is it harder to sell a condo or a home?
In my market, it is harder to sell a condo than a detached single family home but your market may be different. One thing that is universal is that getting financing on a condo can be ... more
0 votes Share Flag Mon Dec 17, 2012 Home Selling in 97205
Mandy and Je…, Real Estate Pro in Portland, OR
Mandy and Jennifer answered:
Looking for a 2 bedroom - a garage or basement and allows a cat - prefer Goose Hollow. Excellent references - clean and respecful
I know you are looking for a home to rent, but have you considered looking into buying a home? Contact me if you are interested in discussing further. Good luck!

Mandy Lewis
Realt ... more
0 votes Share Flag Fri Aug 31, 2012 Rentals in Goose Hollow
Mack McCoy, Real Estate Pro in Seattle, WA
Mack McCoy answered:
Is there typically a fee charged to lock in an interest rate?
Yes, there is.

All the best,
0 votes Share Flag Fri Sep 28, 2012 Financing in Portland
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