Home Selling—questions & answers, advice and opinions page 209

I have my house up for sale in CA - I had a few ask me if we would do a lease option to buy on our home.
How does that effect me and my bottom line. We defiently would like to sell, but are most seller doing this in this market.
I have a 3bdrm home with 5 1/2 city lots for sale. I have priced it below the last appraisal amount and need
to sell it quickly. It is in morgantown, wv which does not seems to have been affacted by the market as this is a thriving community. In any event without listing with a realtor, what would be the best…
Do I have to sell my house if the buyer bid I accepted the buyer should have closed 7weeks ago but failed now buyer is ready but I dont want to sell?
My house was facing foreclosure with 2 loans on it. So I was going to short sell it a buyer gave me a bid very low but I accepted. He was supose to close 7 weeks ago. I was worried about the bank foreclosing…
My mortgage is updside down by 50-60k. Is there any hope of selling and moving during the next year without ruining my credit?
My mortgage is updside down by 50-60k. Is there any hope of selling and moving during the next year without ruining my credit?
Is it typical for a brokerage to have several add on fees on top of the commission?
I obtained an estimate from ColdWell banker and was suprised to see several add on fees up to $1400 on top of the commission. Fees for doc preperation, etc, etc. Should any fees be paid except for the…
HAVE TO SELL my remodeled home in three months or less. I live in Foster City, ca. I put my home on the market on May 1st. My realtor is great
and has worked hard . I lowered the price $40,000 the 2nd week to hopefully draw more attention. The home shows nicely and had no major inspection problems. All minor problems have been repaired. I have…
My house has been on the market for over a year. HELP!
My house has been on the market for over a year. I've had on average a showing about every 9 days and most of the feedback is positive. I hear that it is in great shape and a nice house and on the…
My husband and I are looking at a home that is a short sale and the bank has already been through one contract with the house, but the buyers backed
out and so the bank has reduced the house from 340,000 to 165,000. the question is, the home has had the well pump and pool pump stolen and the drywall in one room destroyed. In order to get a mortgage…
I am in a very similar sit as "Being Turned In.." I wonder if we have the same realitor?
my elderly aunt she recently had a house fire We were told by the doc not to take her back into it In the mean time payments fell behind and a foreclosure was in the works. So the realitor found a buyer…
My father-in-law wants to move out of California, since prices and taxes continue to remain high for the average person/family to afford a single
family home. Homes in Arizona are about 50% less compared to California. You definitely get alot more of a home for the money in Arizona!!!! My father-in-law owns a single story, small, 2 bedrm/1 bathrm,…
Our broker is representing us, seller, and them, buyer. She refused to take counter offers even tho it was contingent. We met r backup offer couple
They had to make a back up offer because our agent told them at our open house that our house was sold. When it looked like the contingency might fall thru she contacted the interested couple. They wanted…
how much is housing in nc per square foot?
what about a wired storage building of that size
I have a house for sale and i've gotten quite a few offers, but they are all coming in at $40K to $60K below asking price. There is no basis
this kind of offer, as houses are still selling in the area for around what I am asking. It seems that they are just taking a % of the asking because hgtv told them to or looking up what i paid and adding…
When designing a sale brochure for a house, is it better not to put the price on it?
I noticed that in many brochure boxes at houses for sale, the listing agent has designed their own custom flyer rather than simply printing the standard MLS buyer flyer. In designing these custom flyers,…
My buyer wants to back out on a ratifed contract and forfeit his deposit. Both agents (seller/buyer) seem ok
with this. I want to pursue additional damages. Do all agents take this laissez faire attitude ? I guess contracts mean nothing to Realtors unless the house is valued over $1 million (????). Maybe…
My sister and I inherited a farm with house in Ohio 3 1/2 years ago when our parents passed away. My sister has taken all this time to CLEAN out the
house but she is really dragging her feet. She can't let go. Now I am tired of all of this and want to sell the entire farm. We have rented the crop land since then but not the house. So the house…
I JUST FOUND OUT THAT MY REALTOR MIGHT HAVE LIED TO ME ABOUT THE SALE PRICE OF MY PROPERTY AFTER FORCING ME TO SELL IT TOO LOW.
I put townhome on market with a realtor for $137,900. She assured we would have no problem with price. She brought buyers; always quoting a lower price. Later she came to me and told me she had sold…
I have a home in foreclosure with a pending sheriff sale and have been approached by an investment company that wants to negotiate a short sale with
the bank and then resell the home for a profit. My question is will I be subected to the delinquency balance and possibly in worse financial shape than I currently am?
I need to sell my house fast. It shows up at a single family res but it has a garage apt in back and also the main house is 80% complete in being a
duplex. I need to find a investor to purchase prop. It is appraised at 80000 but worth 115000 to me as it brings 1800 mo income. who can help me find investor to buy
Does having a SMALL DOG around affect your appraisal on your condo?
I'm thinking about selling my condo soon. I bought this condo 3 years ago. It was a new development. I had my dog living here for a year. I heard from some people, that having pets living with you,…
My house is located at 99 Beach 31st in FarRockaway, N.Y. 11691. It has what I thought was a basement.It is not below ground. You can walk into it
like an apartment.Its on the ground floor. It has a boiler an oil tank.The house had been around some records show since the 1920's. The house is a 4 family house,but was once written up as a 6 family…
I would like to get involved in real estate. My first question, what is the best state to become licensed. Second what is the best online school.
I have heard that some states have reciprocity with florida. Does anyone know how this works ?
IS IT POSSIBLE to sell my condo when there are 3 other listed for sale in my building?
Hi, everyone. I'm fairly new in this. I bought my first home in Dec 2007.I really love my place, but I got to move out of state by next year for some unexpected family situation. Is it possible to…
What if your realtor lied to you, about how many sales, closings and short sales he/she did? I had a friend in realty look this person up, only to
find they've only done one short sale! in three years! And I chose them, because he/she convinced me of their vast short sale experience. "I've done many, many. I've got years of experience…
How is the real estate market in Sanford, NC? Is it picking up or still very slow?
How long does it take to sell a house in the current market?
I just sold my house. When I got to settlement, the other broker took the left over seller assist as an additional broker fee. Was it legal?
My realtor was very upset and fought to get the used seller assist returned to me. The buyer's broker said that agreed to buyers closing costs. My realtor told him that a broker fee wasn't…
My son and I are on the deed of the house but name is on the mortgage he also own another house when we sell it what type of taxes do i have to pay?
i was told that since my son owns another house and its his name that appears on the mortgage that i will have to pay luxury taxes and other taxes. i have a buyer who will pay 440,000 i own 281,000.…
Town home or single family house?
I can afford to buy a brand new townhouse or 25 year old single family house in same location and same size, and can't decide which one would be better option. My husband prefers single family house…
We have a 3 bdrm home, 2 bath, single car attached garage, near a brand new school being build, asking price was $164,900,reduced by $5000, what to do
Asking price has been $149,900, no lookers for months, Any suggestions do we lower it again? tried many things, selling in the community is $130, 000 below sell, $200,000 sell are we not in our market?…
Buyers Agent commission %. How?
does he or she know what their % will be before communicating with the sellers agent? Is it displayed in MLS?
Has anyone given thought to staging the outside of the home? Check this article for more info http://www.dallascurbappeal.com/landscape-ideas-sell-you
Did you know that adding colorful pots and low voltage lighting you can show case a house and then take them both with you when you sell it. Now that's a smart investment. You can even use the lighting…
Where Is Earnest Money Held?
I have listed my home with a broker and we have a contract coming in (buyer has a buyer broker). The buyer is insisting that the earnest money deposit be held by the title company he has selected to do…
Who is responsible for preparing a shared well agreement?
Shared well has explicit easement description but no agreement recorded.
what charges are tax deductions?
i am selling my home i am paying commisions of course i also will be giving the buyers assist on his downpayment, what can i deduct on my taxes.....?what can i deduct? thanks
I have a townhouse for sale - need I say more, I can't sell it - for health reasons I am having trouble with
the stairs - I have found the perfect ranch at the perfect price - I have $50K equity in my townhouse - Is there any way I can refi and get the equity to put down on the ranch so that I can rent my townhouse
I have recently placed a contract (04/09/10)on a foreclosure and a week before closing the title company said that the title was not correctly
conveyed to foreclosure status. My question is how long would it usually take to complete another clear title? I really need to close before the 30th of June to receive the Fed. stimulus. Thanks.
Our realtor is slow to return calls and has done very little other than get on us on the MLS. We still have pictures on the website from February
with deep snow! Is this typical and what should we do? 100 days on market with only six showings.
can my fiance sign his mortgage to someone else?
he wants to sell the home and rent for now due to the high mortgage but then a family member of his became homeless under unusual cirmcumstances and i suggested that since we are looking for a place that…
Is it time to jump ship? Six years ago, I purchased a home in Jupiter Farms for $180,000. During what is know
as the bubble phase, its value rose to $350,000 . ....Now, If I had to guess, I would say the value is down to $280,000. I know the value is going to fall even farther this year, but what would the picture…
I am looking for Realtors to work with on short sale process. I work with GFS and we help process short
sales. We take the paperwork off their hands. What is the easiest way to contact them, and have them speak with me?
We bought a home in Anatolia, Rancho Cordova in 2006 for $407,500. We put 20% down and installed landscaping,
etc. My husband then got transferred out of state. We tried selling the house to no avail. It is currently rented by wonderful people. However, we are not going to move back to Sacramento and want to know…
My husband and I would like to purchase a home in Anatolia, Rancho Cordova. We are first time home buyers. We both gross $150,000. My husband has
great credit and I have poor credit. We can only put 3% down. Can we buy a house at this time?
I'm locate in Upstate New York (Oswego). This is located on the South East Shores of Lake Ontario. Lake Ontario is like a fresh water Ocean with
many protected bays. How can I reach the Downstate Market and the surounding States to draw them to this area?? If they see this area and the prices I believe they would be blown away.
As the seller I was asked to sign a Purchase Agreement that I could not read clearly. I asked my Realtor for a cleaner copy and he gave me one that
was not any clearer. I specifically asked him what did it say under "additional conditions" and he told me it was what we discussed over the phone, so I signed it. After the buyer walk thru…
I am renting a duplex that is for sale. I have a 12month lease with the curent owner. If he sells the duplex
what are my rights as far as the lease goes? Does the new owner have to honor my curent lease?
Can BoA foreclose on us during a short sale process that has been taking 7 mos?
I can't be sure the left hand knows what the right hand is doing. We had an offer on a short sale on July 2nd, 2009 and still no approval. No denial either..but BoA has been ridiculous. Its a very…
How can we encourage realtors to leave feedback on showing website? We've had 30 showings...no offers...and only 5 feedbacks or so...
all feedbacks we've gotten were "shows well"...we are trying to figure out why we have gotten no offers...feedback would help! Our price is a little lower than comps, so we don't think…
Is it appropriate to call buyer's agent when they came to look at the house a second time? Or will I just look desperate to get my home sold?
These people looked at my house 5 days ago, then came back to look again 2 days ago, but I did not hear back from them....what is the "proper ettiquette"? I want to find out if they want to make…
As a home seller, what is your view on broker's that offer listing services at a discount rate?
If you were preparing to sell your home and were interviewing broker's to list your home for sale, what would your view be of a broker leveraging technology to offer a full service listing program…
IN A SHORT SALE DO I HAVE TO SIGN AN EXTENSION IF ANOTHER OFFER COMES IN
i AM 'SHORT SELLING' A PROPERTY. 4 EXTENTIONS HAVE BEEN FILED TO DATE, THEY WANT TO EXTEND IT ANOTHER 30 DAYS. AM I OBLIGATED TO SIGN THE EXTENTION IF ANOTHER OFFER COMES IN? THERE WAS NO…
What is the best day and time of day to hold an open house?
We were thinking the Saturday of Memorial Weekend since we live in a tourist area and get a lot of folks from Chicago but then again maybe that means many local residents will be out of town. Is a Saturday…
Our listing agent keeps recommending to reduce the price. When we first signed the contract, our agent specifically comment that the listing price?
was reasonable. We have reduced the price 4 times within 2 months. Okay, we understand that reducing the price has advantages and disadvantages. But now she is giving excuses(?) or sounds like she has…
How often can you do a short sale and not have to pay any kind of $$ back to the bank nor any tax deficiency?
In Orlando Florida where there are a lot of Short Sales, do you generally have the Short Sale go thru but the seller is still on the hook for some money such as $30,000 or some other amount as part of…
Trying to Sell Quick... NO Showings in 1 month after being on the market for 2
We had 1 house that was our exact house for sale that sold for 3,000 higher and closed this month. So we do not have any competition right now in the neighborhood other than the builder itself. What can…
Altered addendum
We are the sellers and have furnished Addendum D to extend to the buyer. Addendum B and C both outlined that the buyer will pay us $50/day of extension. Is this addendum we asked for those funds be paid…
I currently own a property in Philadelphia. I moved to SC a little over a year ago. I rented the property in
Philadelphia for the last year. I just sold this property and I'm making settlement on Feb 29. I lived there for about 7 yrs. prior to renting it. Will I have to pay capitol gain tax. Thank you
Sell or not to sell 80218/80203 area? I purchased a condo unit for $155k in June 2006, and I'm wondering if I should wait to sell it when the
market is better or sell it now. I initially thought about putting it on the market this summer, but after calculating the seller's agent fee, the potential closing costs, and other fees, I think…
why do agents call to set up an appointment then don't show or call to reschedule? i know any dim whit can get a real estate license but that is
just common courtesy.i'm sick of getting my house ready,putting the dogs @ the neighbors and then the lamebrain realtor does'nt show or call !
How do you update your price changes on your posted listings? There appears to be a lag time in correct information.
How can a real estate agent insure the information you post is accurate and current? I have noticed you seem to have a problem with keeping listings up to date.
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