My house is about to go into foreclosure. I contacted a home buyer and he said that he could not buy the house with an all cash buyout. He sadie that he might be able to pay up my back payments and take over all future payments. Then his name would go on the deed, My name stays on the mortgage. on the surface this sounds weird. But it would definitely get me out of a tight spot and improve my credit score ....IF .... He does what he says. He works for a seemingly reputable company. I only have 15 Days until they begin foreclosure proceedings.... more
It depends on what you consider as much or not much to do. Addison has a lot of businesses and many restaurants, clubs etc. Plano has many trendy places and restaurants especially at the Shops at Legacy, and also the new Legacy West. Downtown Dallas, M streets is also growing and has many restaurants and grocery stores such as Sprouts but if you work in Allen it will be a further commute.
I'm a realtor servicing the area and I'd be happy to assist you and discuss with you in person. Feel free to call me.... more
I'm a retired realtor and VP of my coop in Westchester County. Nobody online can answer your question because every coop has a flip tax which varies from one building to the next. You need to know the dollar amount or percentage of the flip tax and multiply by the number of shares you own. This is what you owe. In addition, you will have your attorneys fee and a brokers fee if you're using a brokerage to sell your coop.
I know from experience flip taxes in Manhattan are expensive - more than the suburbs. For my building it was just increased from $5. per share to $8. per share. My Mom's coop in Bayside, Queens charges sellers $12.00 per share. Some coops in Manhattan charge a percentage of the sale price.
The flip tax and brokerage fee will be your biggest expense selling.... more
My suggestion would be to approach the selling gent and ask if he or she is willing to drop the commission if you represent yourself. If they are not then engage a separate company as buyers agent. I suspect that in this case most sellers agents wold drop their commission to get the sale. Just watch how many times an agent offers to supply you with a buyers agent when you tell them you don't have one. I work in RE and have worked all over the world including NC - same everywhere (NC is not special)... more
I've been here for 21 years, hate every day of It but can't afford to move and buy another. You better have some firearms and dogs, sleep with a firearm. Sheriffs response time way too slow. 911 hold time. The exit of lemon grove was designed by wing nuts, its grid locked since lights are not timed right, traffic is bad. Good luck if you need an ambulance or hospital. The major is worthless, streets are bad motorcycles beware. I pity those that move here with kids. Random gun shots are frequent. Police presence is almost mill, they are subcontracted and do not police but respond, sometimes... more