Home Buying in Hopkinton : Questions & Answers

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Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
Why have three homes on Norcross Road all sold in the last year with one more still for sale?
The public records on these properties don't indicate any flight.
The previous owners held the properties for an avrage amount of time.

I would call the town offices and ask if ther ... more
0 votes Share Flag Wed Mar 13, 2013 Home Buying in Hopkinton
Linda Bender, Real Estate Pro in Indiana
Linda Bender answered:
Should the house I made an offer on now be listed as contingent?
Active, it appears they are not taking their home off the market. More then likely they have noted the contingency in the agent notes on the mls site for agents.
So it is possible to ... more
0 votes Share Flag Thu Aug 23, 2012 Home Buying in Hopkinton
Petrina Floo…, Real Estate Pro in Medfield, MA
Petrina Floody answered:
Would it be wiser to add a third bedroom to a house by enclosing the garage or to sell the house and buy, on contingency, a larger home.?
Hi Laura,

Two bedroom homes can be harder to sell. In Hopkinton today, there are six two bedroom homes on the market and four of them without garages and two with two garages. I woul ... more
0 votes Share Flag Thu Apr 12, 2012 Home Buying in Hopkinton
Mark R. Barr…, Real Estate Pro in Bakersfield, CA
Mark R. Barrett answered:
do I have to be prequalified to buy a house on contingency?
Most likely the answer is yes. You almost always have to be prequalified. This saves the seller from waisting time on people who are not qualified but feel they are qualified. A prequal ... more
0 votes Share Flag Sun Jul 13, 2014 Home Buying in Hopkinton
Justin Ruzic…, Real Estate Pro in Fort Myers, FL
Justin Ruzicka (239) 699-0517 answered:
can I get out of a closing July15 not happy at all , please help seen house 1 time what can i do can I get out of signing what can i do?
State of Florida newest contract which is 11 pages long and most agent began using in January of this year has many outs for you. Do you have a buyers agent? If so, they would know wh ... more
0 votes Share Flag Tue Jul 5, 2011 Home Buying in 01748
Louis Wolfson, Real Estate Pro in Newton, MA
Louis Wolfson answered:
We went through a dry closing & all parties signed contract. Appears buyer did not have the cash funds to close. She pulled out. Is this bad?
Be thankful, they did not move into the house and you did not sign a deed over to them. Your broker and or attorney should of protected you from the onset. I did not see in your notes ... more
0 votes Share Flag Mon Mar 7, 2011 Home Buying in 01748
Ron Rovtar, Real Estate Pro in Boulder, CO
Ron Rovtar answered:
If I have been approved for $150,000.00 but only want to buy a home in the range of 65,000.00-75,000.00.
If you do not want your agent pressuring you into spending more, work this out in advance and tell the agent you will walk if you start feeling pressured.

Best, Ron
0 votes Share Flag Fri Oct 15, 2010 Home Buying in 01748
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
I have notice a home that has been foreclosed and vancant for 1 year. I was told to do a fast sale with preious owner, wait for sheriff sale? auction
It's worth almost nothing. A manufactured home with a mold problem? I can buy manufactured homes (3/2s) in liveable condition for $10,000. What you're describing, around where ... more
0 votes Share Flag Thu Oct 14, 2010 Home Buying in Hopkinton
Patrick Thies…, Real Estate Pro in Elmhurst, IL
Patrick Thies SFR, CNC answered:
What does it mean when a house is listed for sale but the status of the house is contingent instead of being active or pending.?
Usually it means that the house has a contract on it subject to some type of contingency that needs to take place in order for the deal to go forward. For example, it could be continge ... more
0 votes Share Flag Sun Sep 19, 2010 Home Buying in Hopkinton
Jennifer Eri…, Real Estate Pro in 01887
Jennifer Erickson answered:
How much do you think an investor would pay for a home valued at 65000?
For an investor it will depend on the income that can be earned on the property. Sq. Ft., bedroom count, condition will all play a factor. Mostly what matters is the return on investm ... more
0 votes Share Flag Thu Aug 19, 2010 Home Buying in 01748
MDM REALTY H…, Real Estate Pro in 01701
MDM REALTY Heidi Zizza answered:
a seller agent has acted in bad faith. We had a verbally accepted offer, our buyers agent sent the agreement to the seller's agent and
Unfortunately nothing. The Seller does not have to counter you or take your offer if another comes in. Unless you had an agreement signed by both parties there is nothing you can do. Th ... more
0 votes Share Flag Mon Mar 1, 2010 Home Buying in 01748
Scott A. Nel…, Real Estate Pro in 02155
Scott A. Nelson answered:
If a Seller emails a Buyer's Agent stating expressly, "I accept the Buyer's offer,for $xxx," is there a legal contract?
You'll need to consult with an attorney for legal questions. Sit down with your buyers agent & their broker and go over everything & bring all documentation to a qualified ... more
0 votes Share Flag Wed Sep 25, 2013 Home Buying in 01748
Aaron Catt, Real Estate Pro in Boise City, Boise, ID
Aaron Catt answered:
We live in New york State and we are interested in purchasing a home that has a contigient offer on it already. We have a signed contract as we have
Hmmm,

Good question. In Idaho, ALL offers have to be presented regardless of the status of others. An owner can accept as many contingent offers as they want.

It's in the s ... more
0 votes Share Flag Tue Feb 2, 2010 Home Buying in Hopkinton
Sheri Hipsley, Real Estate Pro in Dundalk, MD
Sheri Hipsley answered:
What is a normal time that a Realtor can retain you for services for buying a house?
Hello,

It is really up to you and your agent. I personally do 6 months and always allow my clients to get out of the agreement with written notice or extend the agreement if we hav ... more
0 votes Share Flag Fri Mar 5, 2010 Home Buying in Hopkinton
Mike Hancock, Real Estate Pro in Greenville, NC
Mike Hancock answered:
Can we get out of a contract? We are looking to buy a house. We signed a contract with a Realtor and Broker
You should really talk with the Realtor you signed up with about this. I can't say about NV law but in NC there is a simple Termination of Agency form you must sign which releases you, ... more
0 votes Share Flag Tue Apr 14, 2009 Home Buying in Hopkinton
Michael Pres…, Real Estate Pro in Worcester County, MA
Michael Prescott answered:
Do I have to put money down if I an approved for a 100% financing?
If the offer is rejected, you are not really tying up any money, your check will not be deposited until an offer is accepted.

As for putting money down, most foreclosure properties ... more
0 votes Share Flag Sat Mar 5, 2011 Home Buying in 01748
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
Offer to buy with contingency of selling current home?
While it's true that an offer with a house-sale contingency is usually frowned upon, sellers today are accepting house-sale contingencies more often. Sellers are happy to see a good vi ... more
0 votes Share Flag Mon Mar 24, 2014 Home Buying in Hopkinton
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