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A few hours ago
Courtney.stringfield asked:
I was interested in a property listed as a 5/4, appropriate 2500 sq ft. Tonight, the property is listed as sold at 2000 sq ft & for $20k less than ask.

Please explain the disturbing…
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A few hours ago
Avery Goodman asked:
A few hours ago
Rjprince answered:
Probably not enough to recoup your cost. Anyway the buyer may prefer carpet unless it is in poor shape. Look at homes sold in your area and find out what the buyers are preferring.
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A few hours ago
Rjprince answered:
You can't usually get a mortgage without a down payment. Also, if you were to secure funding, your payments will be higher and you may not be able to make payments which in any case would make you a poor risk to the seller. Suggest you find a less expensive property which would allow you to afford a down payment. Hey, you live in CA; pitch a tent on the beach. ... more
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A few hours ago
Kristin answered:
A few hours ago
Sandy Z. Rosado asked:
It's for me alone, no kids, no pets. I am humbe, respectful, responsible.. I have any documents necessary. Please contact me..Thank you!…
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A few hours ago
Donnellylinda620 answered:
Is there a townhouse with no maintenance and no hoa in altamonte spring fl
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A few hours ago
Debbianlove123 asked:
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A few hours ago
Donaldscottt100 answered:
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A few hours ago
Kathylakritz answered:
As a former realtor, a huge issue with buyers and sellers is determining the necessity of repairs based on a home inspection. Unfortunately, there are too many buyers who demand that the seller fix or repair minor things that have nothing to do with the functionality or habitability of the home (painting, appliances, carpeting, etc.) Yet if the seller refuses, the buyer threatens to cancel the transaction and walk out. These minor fixes can easily be resolved by the buyer. Example - buyers can purchase brand new appliances online and have it installed for a much lower price than canceling a real estate transaction. Stores are always having sales.

Then there is the issue of major repairs (mold, infestation, electrical, plumbing, roof). For issues like these, the seller can always lower the contract price instead of the buyer canceling the transaction completely and walking away. If the seller is motivated to sell their home, they are more likely to work with the buyer instead of having to start all over and find a new buyer. In the majority of cases like this, the seller will be forced to lower their asking price anyway. So it benefits you to re negotiate the contract and you get the lower price.

If you do cancel the transaction, getting your earnest money deposit returned depends on the wording of your contract.
... more
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A few hours ago
Musa Willie asked:
https://www.trulia.com/foreclosure/3207681332-224-Hendricks-Ave-Exton-PA-19341
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A few hours ago
Angelica Floyd answered:
if it was for the house for $700 on countryside lane or something like that, yes you did. I've heard that guy posts the same house over and over again and people fall for it every time.
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A few hours ago
Kathylakritz answered:
I'm a retired realtor and still in contact with lenders. The issue has to do with a document / statement that buyers sign with their lender. The document states as follows - "You (the buyer' name) will occupy the home (address) within 60 days from the closing date. You (the buyer) will maintain occupancy and not rent it for the first 12 months after the closing date."

The above means that if you do NOT move in within 60 days from the closing date OR if you rent out the home during the first year, you are committing "mortgage fraud" which is a felony and punishable by law. Meaning you could be facing jail time or a stiff penalty. Lenders do check on loans after the closing date to see if the buyer lied to them. This is why residential loans have low interest rates, low down payments and low lender fees.

Investment loans do not have the above requirements, however, investment loans do have higher interest rates, higher fees and higher down payment requirements. Investment loans are a much higher risk to lenders.

What you CAN DO (yes you do have options). You can finance this home with an investment loan to start, then after the tenant leaves, refinance the home into a residential loan. At least this way, you will be able to get the low rates and fees.
... more
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Yesterday at 6:24pm
Kathylakritz answered:
Since you did not provide an address, you have three options. One is to call one of the agents advertising on that listing. Another is to go to www.zillow.com and look up the address there. Zillow may have more information than Trulia does. You can also go to www.streeteasy.com and look up listing on that website. StreetEasy is a real estate website for New York City listings only. ... more
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Yesterday at 6:17pm
Kathylakritz answered:
You have to be 18 yrs. to sign legal documents.
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