Hickory : Questions & Answers

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Roger A John…, Real Estate Pro in Hickory, NC
Roger A Johnson answered:
what is the forecast for home values for 2013 for zip 28601? Zillow says they will increase by 5%. Is that realistic?
Comparing Jan-April 2012 with Jan-April 2013 data, in the Hickory NC area, 2012 average sold price was approximately, $164,000. 2013 sold prices for the same period is approximately $1 ... more
0 votes Share Flag Fri May 10, 2013 Market Conditions in Hickory
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
My Disabled Vet partner and I need to move, as our home is deemed unsafe for our health. Icredit score of appx. 680 .Will we be able to get a loan?
Loan approval is typically based on 3 things: Income, Credit, and Down Payment. As a disabled vet your partner may qualify for VA Financing, and if the disability is a result of servic ... more
0 votes Share Flag Tue Jul 2, 2013 Home Buying in 28602
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
What is a short sale?
Simply put - it's anything but short!!

A short sale occurs when a seller owes more (to the bank) for his house than it is worth (more than the potential sale price)
.
The seller a ... more
0 votes Share Flag Fri Dec 14, 2012 Home Buying in 28601
Kevin Teeters, Real Estate Pro in Hickory, NC
Kevin Teeters answered:
Are there any lender working with USDA loans that will work with 600 under score?
No you must have 640 however some lenders have credit repair
0 votes Share Flag Tue Jul 2, 2013 Home Buying in 28602
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Took house the market. Year ago and rented out now is time to decide to either sell or rented out again owe 262,000 aprox 2,700 sq ft
How would we know? Contact a Realtor in your area and ask them to do a market valuation to see what it's worth today, then decide.
0 votes Share Flag Sun Jul 15, 2012 Home Selling in Hickory
Bonnie Tamra…, Real Estate Pro in 28037
Bonnie Tamrack answered:
my credit through experian is a 568 is that to low to rent from an aprtment that checks credit scores
Amowens2615, sometimes you can offer to pre-pay a few months, or put a larger security deposit down. It is up to the rental manager, and sometimes they are willing to work with you. Goo ... more
0 votes Share Flag Sun Apr 15, 2012 Rentals in Hickory
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
we sighned a contract to start buying a house..we are supposed to give a down payment but i think we are not wanting to buy after all what will happen
You should be discussing your dilemma with your agent, therefore consider a consultation....
0 votes Share Flag Tue Apr 3, 2012 Rent vs Buy in Hickory
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
how do you know what is too low of an offer?
Freetopraise,
If it's turned down. Each situation is different. Some seller's overprice their home and a fair market offer may seem too low to them. Others are priced fai ... more
0 votes Share Flag Fri Feb 17, 2012 Home Buying in 28602
Sally Grenier, Real Estate Pro in Erie, CO
Sally Grenier answered:
Today I was informed by my agent that ou short sale bid was rejected. I asked for a copy of the rejection letter only to be told no.
There may not be any "rejection letter". It could be that the listing agent told your agent that they are going with another offer. If they rejected the offer, then there is ... more
0 votes Share Flag Wed Jan 11, 2012 Home Buying in 28601
Michelle Car…, Real Estate Pro in Cupertino, CA
Michelle Carr-Crowe answered:
Considering bidding on a short sale or do we wait it out and consider it MAY go into foreclosure? Pros/Cons of both, please.
What are your goals? Some people love the thrill of the hunt for a bargain. Do you want THIS home...or just any home like it? Are there others like it in the same price point?

Pro fo ... more
0 votes Share Flag Mon Jun 18, 2012 Home Buying in 28601
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
is a lease purchase a good idea for sellers who need to sell quick?
Crissy71,

A lease purchase is an option to disposing of property during a slow market and there are plenty of potential buyers out there seeking these opportunities. So simply public ... more
0 votes Share Flag Sat Jul 14, 2012 Home Selling in Hickory
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
I am looking for a lease-purchase option home in the Hickory, NC area, where is the best place to look?
There is no one good place to look but you will have to look hard to find them for a couple reasons.

1. A seller wants to most often sale and walk away. Rent to own means they are l ... more
0 votes Share Flag Thu Dec 13, 2012 Home Buying in Hickory
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
Is there any way to get around a failed home inspection?
Carolyn,
Is the homeowner unwilling or unable to do the necessary repairs? Generally it’s in the seller interest to prepare a home for an inspection and make sure all the elem ... more
0 votes Share Flag Sat Dec 18, 2010 Home Buying in Hickory
Anthony More…, Real Estate Pro in Hickory, NC
Anthony Moretz answered:
I want to convert my previous primary residence to a rental property in Hickory NC, which I will not live in (I have another property which will be
When obtaining a loan for your primary residence the lender will ask if the property is going to be your primary residence. Obviously it is or the loan would be denied as offered. You c ... more
0 votes Share Flag Wed Jul 28, 2010 Rental Basics in 28602
Bonnie Tamra…, Real Estate Pro in 28037
Bonnie Tamrack answered:
Can an Hoa withold a copy the Hoa hazzard insurance policy to my lender in lieu of payment of fees owed before it became a HUD property?
Try pasting these websites into your browser and look for the answers. Sometimes a lender is willing to ansswer the questions you have...

http://www.hoa-nc.com
http://www.hoa-nc.co ... more
0 votes Share Flag Tue Nov 9, 2010 Home Buying in 28601
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
i am buying a home and want to find out if a back up offer really existed. can i find that out or is that private and not to be disclosed.?
There is no way to make them show you any other offers, your buyer broker should have guiided you through the negotiations to avois this, if you went it alone, and didnt have anyone rep ... more
0 votes Share Flag Thu Mar 25, 2010 Home Buying in Hickory
Barry DeMark…, Other/Just Looking in Hickory, NC
Barry DeMark Walker answered:
I have a nice house in Hickory for sale on MLS and there are no agents showing up. Where is everyone?
These are hard things to say to a client. Right now the biggest factor affecting sales is:
THE ECONOMY. Even if you have a great house, the economy is really hurting sales, now. Also, ... more
0 votes Share Flag Tue Mar 23, 2010 Home Selling in Hickory
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
House for rent / lease option in Bethlehem / Viewmont Hickory area.
I just posted a long item on my blog about how to find lease-option properties. As my posting points out, most lease-options aren't listed that way in the MLS, so you need other te ... more
0 votes Share Flag Wed Mar 27, 2013 Home Buying in 28601
Larry Story, Real Estate Pro in 27408
Larry Story answered:
Which neighborhoods in Hickory feature older homes? We like homes built in the 1920s-40s.
Look down Hwy 127 in the area before Viewmont. The area around Glenn R Frye Hospital also. Some of it also depends on your price point also. I use to live in Hickory area and had a ... more
0 votes Share Flag Tue Feb 9, 2010 Home Buying in Hickory
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