As for "what potential problems are we looking", not sure why you're not consulting with your attorney, rather than relying on online information....and when it comes to any necessary tax information, again a question better answered by your attorney, and or tax professional....... more
Most agents utilize a 6 month agreement. Three months is not a fair amount of time to market a property and get it sold. There are exceptions however, some properties sell the first week on the market. I guess your agent will determine what is fair based on the property, condition, location, and pricing.
Hi, I can meet with you and place your Apartment on the citi-habitats website which has over 100,000 unique visitors monthly. My name is Sandy...my number is (646) 831-1955. Please give me a call or text to discuss.... more
No. TriBeCa is still a very solid neighborhood with a scarce amount of availability, so the demand is high. It's a sellers market and a great time for you to put your home on the market.
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I would start with whoever is holding the money. By now this should have been resolved. Before you call them however, review your paperwork, it may have had a time limit to resolve this or the funds may have already been released somewhere.... more
real estate taxes are tax deductible, as well as the mortgage interest. If you own a coop, certain percentage of the maintenance is also tax deductible (coops pay real estate taxes on the buildings they own and pass them through to the owners)... more
Contact and invite few local agents from different realty companies and ask for a cms, comparative market analysis; review the data, ask opinions and go from there; or consider hiring a professional appraiser....... more
This is a big big NO! - as all the agents are probably going to say that. The owners are strongly advised not to be present during showings for various reasons: one of them is that the owners are emotionally attached to their home. They will probably start talking to potential buyers pointing out things that they think are important or good for them but may not be that important or good to the buyers. It is better to leave the showing to a professional, who knows the selling points are and what things they should not point out, etc., and who does not have emotional connection to the house.
I read somewhere that if the owner has to sell but is not happy with this fact they may even unconsciously sabotage the sale, lets say start cooking smelly dishes or say something in front of the sellers that would scare them off. It is really better not to be present at the showing, provided that you are confident and comfortable with your agent.... more
typically the appraisal comes first and the BPO is used to validate the appraisal. As for closing it will really depend on the lending institution, they all handle these differently. All Fannie Mae and Freddie Mac shortsales have new requiremnets as of June last year to respond quicker.
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