Home Selling in Scranton : Questions & Answers

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Allan Erps, Real Estate Pro in 10954
Allan Erps answered:
i have an assumable loan. does the buyer have to have a down payment? are there closing costs?
Not sure your Buyer needs a down payment or earnest money. Would consult your Attorney for that legal advice. Just my opinion that YES I would personally rather see a Down Payment to be ... more
0 votes Share Flag Mon Nov 19, 2012 Home Selling in Scranton
Corey Buck M…, Real Estate Pro in Jacksonville, FL
Corey Buck Mann answered:
i have a FHA loan which is "assumable" if/when i sell. Does the buyer have to pay a down payment?Does "assumable" make it easier?
An assumable mortgage is a great option that has reared it's head again after being dormant for years. The real benefit will be when you do sell because you will have a marketing ... more
0 votes Share Flag Sun Feb 13, 2011 Home Selling in Scranton
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
i am trying to sell my houses, I have two houses on one deed. whats the best way for me to sell this property? how should I advertise it?
Mike;
First, you should hire a Professional Real Estate Agent to list and market your properties.
I would suggest listing the properties in 3 listings.......One listing for each house ... more
0 votes Share Flag Fri Feb 11, 2011 Home Selling in Scranton
Russell Volk, Real Estate Pro in Bucks County, PA
Russell Volk answered:
To Sell or Lease or Lease Option?
I'm not sure about the market in Scranton, but a lease-option might be a good scenario for you. Ask the buyer for about a $5,000 option deposit, charge them market rent + $200 more, wh ... more
0 votes Share Flag Sun Mar 16, 2014 Home Selling in Scranton
Jim Johnson, Real Estate Pro in 78233
Jim Johnson answered:
Does the assessment of the property need to match the selling price? My duplex was listed for $279,000, I
It should still work if the buyer does not want to renegotiate the price. It will however mean that the buyer will need to come up with additional DP money to keep the rate quoted for a ... more
0 votes Share Flag Sat May 31, 2008 Home Selling in Scranton, PA
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