Home Selling—questions & answers, advice and opinions page 136

Divorce orders trustee sell home in Charles Co. MD. Will it likely sell for less, cost more to sell, & take longer to sell on average than w/?
Realtor? That is really three questions. Related questions: How long on average does it take, and how much below going market rate likely, and how much are the trustee's fees, and am I right we'd…
If house in MD is put on market shortly before use and possession (U&P) expire & I stay in the home until it sells, will I owe him 1/2 rental
value? After U&P expire, will he owe me & I be credited with 1/2 mortgage payments I made after expiration of U&P towards my share of equity upon sell, & will I owe or he be credited towards…
Divorced In MD w/ exclusive use/possession. He's not cooperated to sell. Have 18 mos. exc. use/poss left? If rent out B.Rs.do I give 1/2 rent to?
him? He bought home w/in weeks of leaving. It might be worth giving him 1/2 rent to prevent defaulting, but warned I could have to give him 1/2 rent, pay him 1/2 rental value of home, and be fully responsible…
How can I drop an under water property in NJ with least financial damage to my credit and ability to buy in the future?
I bought a coop in NJ in 2007 for $322k with 20% down. I currently owe $244k. I recently tried to do a refinance with BofA and my appraisal came back around $175k so the bank denied me. Since then…
closing cost
The purchase price is $155k how much for the escrow fee and owner's insurance? We are the seller and need to pay half
Can a Landlord sell a home via short sale to his tenant?
We are currently leasing a house that we would like very much to buy and that the landlord/homeowner would like to sell, but he owes much more on the house than its current value. He owes around $650K…
Can you sell a property with a code enforcement lien?
My father is very sick in the hospital and I have been researching his information. He has a house on La Salle street in no. I do not want him to worry about anything and I am trying to find out what…
I have 3 investment prop, one renter, and am current w/all, I can't continue to pay those mortgages and also pay my home, i want out legally-
help plz Can I give the home back to the mortgage company w/o ruining my credit; I do not want the properties and the value have dropped so no more money to fix problems anymore. Can I relenquensh the…
Should appraisers use foreclosures as comps? 4 states are considering laws that prohibit foreclosures to be used as a comparable. Thoughts YES or NO??
I read the following article and it made me wonder what the real estate community thought of it Distress sales used as comps: Right or wrong? CHICAGO, Ill. – April 6, 2011 – Should…
i need a very experienced short sale specialist for the Springfield, IL area to assist with the sale of a home.
property is a duplex on a single deed with an acre /- of land. West Springfield.
If we list our Woodlands house for $239,000 and a buyer is interested...
but will only spend $225,000 for example, would they make an offer or just look at lower priced homes? Do buyers feel that asking that low is an insult and wouldn't be willing to negotiate?
Anyone have any experience selling antique homes in the Grant Park area? Subject property is 1886 Dutch Colonial with lots of leaded glass
architectural accents, hardwood floors, bay windows, fireplace with mantle and ceramic tile, built-in china closet, and lots of character and charm? Anyone specialize in these kinds of properties?
I owned a house in GA but sold the property. What do I do about the tenant living there? Is my contract?
voided? Does a new lease need to be drawn between the new owners & tenants? What if their late making payments? Who has to evict them?
What are our legal right to retain the 5K holding deposit on our mom's house? Buyer canceled escrow 3 days prior to closing due to allergy
A hypochondriac opened escrow on our mother's house, paying asking price (cash). House is only four years old, only few minor blemishes which we rectified. We extended the contingency period for…
How do I go about viewing (and poss. buying) a foreclosed, bank owned home for sale without using a real estate agent?
There are MANY foreclosed homes in the city I am moving to and I would be a cash buyer. I would like to consider foreclosures in my search, but don't know how to get started. Any advice would be…
Need advise! Bought property in 38125 from "Turnkey" outfit 2 yrs ago. Needs new roof already! General ctr can't be found. Should?
I keep or sell? PM they recommended rented to an eviction queen. They've been evicted, but I've had no rent revenue since February! Now, I've got a new roof to put on before it can be…
The tresury just penalized "big banks" for not adhering to the MHA program (otherwise known as Making home affordable) which has been a
HUGE failure. Anyone seeing distressed homeowners getting: "lower monthly payments, reduce(d) loan balances or enable distressed borrowers to sell their homes before they're seized by awarding…
interested in selling 3 bed/2.5 ba split. have re-mortgaged, so there's little, if any equity. house needs wk. suggestions for best/quickest
sale? this is hse built in 1961. has unfinished basement, we started wk on master bath but couldn't afford to finish, hall bath is builder spec in rubber ducky yellow, started kitchen reno, but needs…
Why would a realtor list a home at one price and then tell the seller it is overpriced later. Wouldn't that be like lying to the seller just to
list. Realtor says price is right and should sell without a problem. Shortly after the listing, tells the seller that the home was overpriced and needs to be reduced. Isn't that kind of unethical…
I'm considering converting one half of my attached two-car garage into a space that would serve as a waiting room for my home-business. I am
concerned about the impact this renovation would have resale value of my home, however. It would involve taking out one garage door and replacing it with a wall, exterior door, and window, putting a wall…
Does anyone know how long a DELRAP FHA Approval is supposed to take?
I was told it only took 5-7 business days and that was a month ago. As a seller, it was extremely frustrating to find out my HOA let the FHA Approval status expire in the first place. But I have been working…
is sellers assistance tax deductable for the seller?
I sold my home. To help the buyer get into it, we agreed to "Seller's Assistance" to the tune of about $7000. In doing my taxes, I was trying to find out if Seller's Assistance is…
If a buyer doesn't close, can I keep the 10% deposit?
I have a signed contract and 10% deposit for the sale of my home in Long Island NY. If the seller doesn't close do I get to keep the entire deposit? The buyer's lawyer has indicated that his client may…
Short sale approval to participate letter and deficiency judgments/default on mortgage
I just received the atp from the bank. Should I sign if there is no information listed on their deficiency policy? Also should i default on mortgage before I find a buyer or wait? Since the process takes…
The estimate from the appraiser is less than half of the inspector or contractor. Which do we go by? Can the buyer be expected to contribute?
I never used the fireplace as I had two persons in wheelchairs living in the house with me and they asked me not to use it. One person was my mother. I did not know about it's condition, and said…
Is there an agent that could send me a list of cash sales in the Chicago area in the past 120 days. Looking for an agent that thinks a bit differnt.
Is there an agent (who is investor friendly) that could send me a list of cash sales in the Chicago area in the past 120 days. Looking for an agent that thinks a bit differnt to work with.
will the fact that I applied for a loan shortly after missing my first mortgage payment affect me trying to short sell my home?
I was involved in an accident where my vehicle was totaled and applied for a $7,000 personal loan to get a new car so I could get back and forth to work. I have come across many wesites that say that the…
i am an out of state seller what should i expect of my realtor, as far as overseaing my property while it is
for sale. he has done nothi ng to advertise or have open house.Where can I find a motivated realtor. My house is in the best section of indy, Geist resovior
I would like to sell my single family house, but would need to bring money to close, what are my options ?
I have a single family home in a very nice neighborhood in Perakaise Pa worth low $300's. I would like to move to a house nearer to Philadelphia, in the $200's. Problem is, I haven't been…
I have a built-in entertainment center in my family room that looks very 1980's. Is it worth paying $500 to tear it down to update the room?
The family room is the only room in the house not totally updated. We kinda like the unit, but don't think it would appeal to buyers for a house in our price range.
I need a Keller Williams referral in Hollywood for a condo sale
I am a KW agent in NY with a client looking to sell condo in Hollywood,Fla.
This is targeted to appraisers.... If a home has no comps then what do the appraisers use?
I have a listing with no real comps. To follow guidelines I used 200SF /- within the surrounding areas. Unfortunately, nothing is for sale, and nothing has sold within 6 months. What will the appraiser…
Is it lawful to have an appraiser, inspector and a fireplace inspector with the buyers and their agent in my home without anyone representing me?
The buyers agent had all of these people at my house at once and everyone was aware or made aware of the same things which went into all reports. I was without representation, as my agents were not there.…
hello,i ask alot of question. my girl bought a an afordable lotto unit,tried selling,of course didnt sell,will the bank now let me sell at true market
citi bank had the mortgage and now nation star.havent paid in 12 months on the mortgage,keeping getting letters saying im still in the modification process.because afodable is real close to true market…
My realtor say she can't do showings during the week.
We had our condo on lockbox, but after in incident, have decided that we are not comfortable with having our keys in it so we told our agent that we don't want to use it any longer. Here was her response…
GFE question
When a seller put a house on market, title company should give them the GFE. At that point, nobody knows who will pay what items like escrow fee, owner title insrance etc. So how they would put the…
Can I cancel my listing contract with my agent if his license expired and he's not working to sell. The broker won't help us.
My agent (Sales person) DRE license expired 3 month ago and he won't renew. He dropped the buyers on us twice because of the license issue. I asked the broker but he won't assign new agent for…
since 10/10 my buyer has gotten 3 extensions and missed 2 closings(called me and said he wasnt closing) How long can he keep me in contract.
this is cash transaction 250,000 in nyc.Last closing was on 6/23/11 .my lawyer was the only one there,no buyer/his lawyer or title co showed up.he has dragged this out for 8 months and now says he will…
What are your most common issues resulting from a home inspection?
Is it the furnace? plumbing? electrical? roof? etc.
Would a realtor use a service that drafts floor plans of the house using on-site measurements?
Realtors use elaborate descriptions and include photos in most or all of their print and online property advertising. The one thing missing is a floor plan to make the connection between the two and to…
I have a condo in Palm Harbor, FL area which I would like to sell...or put a renter there -perhaps rent to
own. I have had trouble finding a renter that stays - What is the best method to use to find a renter? Is the condo market so slow in FL at this time I shouldnt even consider selling/listing it?
Agents...what has been the biggest hurdle in closing a deal in 2011?
Has the biggest hurdle been: home inspections, time frame, financing, etc...?
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