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All Locations : Nationwide Real Estate Advice

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Activity 492,605
A moment ago
Deb Alcorn asked:
I listed with Zillow and edited it there but I don't see on Trulia where I can edit my posting. Can you help me with this please!
0 votes 0 Answers Share Flag
A few minutes ago
Donna answered:
Hi,
Look for second change apartments on www.craiglist.org or search no background check on that website.
0 votes 1 answer Share Flag
A few minutes ago
Kathy Burgreen answered:
Replying to refresh your question and bring it to the 1st page. As a retired realtor, my advice is to stand firm and do NOT repair anything and do NOT give them any more credits. You are selling the house as is. You already accepted a low ball offer and credited them with closing costs. THAT'S IT!! End of story.

The worst case scenario is their lender (if any) won't give them a loan to finance the purchase. If that happens, let them walk away and cancel the sale. Too bad. So sad. Now you can re market your home and find a new buyer. If you need to find a new buyer, this time - NO EXTRA BENEFITS to the buyer. Either a low offer or closing costs - not both.
You may be forced to sign with a realtor and have them market your home to investors. It will cost you a commission but at least it will sell. As a guideline, selling by owner is best suited for move in ready homes (completely renovated) in desirable neighborhoods. Houses with issues need realtors because those homes are more difficult to sell - even for a realtor.
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A few minutes ago
Harrelljermyn asked:
My first felony was back in 1994 of December and it's been a total of 23 years 7 months
The second felony was in August 2008, where it has been a total of 9 years 6 months. I have…
0 votes 0 Answers Share Flag
A few minutes ago
Kathy Burgreen answered:
Trulia and Zillow is for permanent residential listings. Both websites do not accept short term listings, so the reply from Steve is wrong.

Your best bet is go to www.airbnb.com OR www.vrbo.com Both websites are for short term rentals. Craigslist is full of scams so avoid it if you can. ... more
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A few minutes ago
Kathy Burgreen answered:
To correct Up Nest's reply, owners can list their homes for sale on Trulia and it's free.
0 votes 4 answers Share Flag
A few hours ago
Scott Godzyk answered:
You should have addressed this in the purchase contract. The seller could be in default of your contract, you will have to have your buyer agent review it with you and if buying without an agent, have a lawyer review it. ... more
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A few hours ago
Kathy Burgreen answered:
Is this for a new home construction? I know with builders, they have salespeople on site that coerce buyers to sign contracts because builders see buyers as suckers. If this was not for new construction, was the home For Sale By Owner? For any other type of listing, you would have had to have an agent involved.

At this point, if your attorney cannot resolve this, there is nothing anyone else can do.
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A few hours ago
Steve Bracero answered:
Define what you are looking for in a brokerage.
Education is critical and may be a major factor in you selecting a brokerage.
Know if it is a cloud office or if you will be paying monthly desk fees. ... more
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A few hours ago
Steve Bracero answered:
Have you looked at Prep Agent?
He has tons of videos on Youtube if you want his free content, or a website with tons of practice tests and study materials for a weekly or monthly fee. Very helpful! ... more
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A few hours ago
Rhonda Golub asked:
A few hours ago
Steve Bracero answered:
Trulia.com
Craiglist.com

are two great sites to begin your search!
0 votes 1 answer Share Flag
A few hours ago
Andrey Sokurec answered:
I still haven't found any cons of seller financing. Even I can share the benefits of owner financing for both buyer and seller.

1) If the buyer does not qualify for the mortgage due to his previous credit history or the amount he qualifies for is less than the home price, the seller financing can help him to buy the house.

2) Chances are there that the buyer will get a little lower interest rate.

3) Buyers would not be required to get private mortgage insurance.

4) The buyer can get the entire home financed in the case he does not qualify for the mortgage.


- Benefits to Seller


1) Seller financing helps the sellers to sell their homes in the soft market as it entices the buyer and enables him to close the deal.

2) Sellers can also earn more money through the interest collected via seller financing.

3) There are some other benefits that the seller can get; he can sell his house at the higher price or without making any repair as he would be financing the purchase.


If you need any additional help needed, You can visit web reference below.
... more
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A few hours ago
Steve Bracero answered:
You can look at sites such as rentometer.com or craigslist.com within a 1 mile radius.
Make sure to look for similar with sq footage, beds, bath, amenities, etc.
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A few hours ago
Kathy Burgreen answered:
In theory, yes you can have a home inspection before an offer is made BUT you will need to do it secretly and you will be wasting your money. The issues / challenges are as follows:


1. When your agent schedules you for a private showing, you can ask to have a 1 - 2 hour private showing instead of the typical 30 min. - 1 hour. Your agent may not agree to this and the listing agent may get suspicious and wonder why you need a longer showing. During this 2 hour showing is when your contractor can do a home inspection. Beware - there are some things your contractor will not have access to for inspection.

2. Since you will pay for the home inspection and you have no contract, suppose you don't want the house? You just wasted money on an inspection. You will need to pay for another inspection for a different house and on and on. You will save money and it makes more sense to WAIT until you have a signed contract from the seller - then have a home inspection done.

3. ALL purchase contracts to buy a home give the buyers a specific time period (this is negotiable) to have the buyer complete all contingencies - including a home inspection. When you submit an offer, your offer will include contingencies. Examples: home inspection, appraisal, financing, etc. You can have as many contingencies as you wish. Contingencies mean you will NOT buy the home if any of the contingencies do not meet your satisfaction. Therefore, if a home inspection reveals the house needs repairs, you have the right to walk away and cancel the contract. You will also get your earnest money back.

4. The best thing to do is when you submit an offer on a home, you will include the following contingencies: home inspection, roof inspection, appraisal, financing. You will also include 3 weeks (21 days) to complete all contingencies. During the winter season, I would allow 4 weeks but there is no snow now, so 3 weeks should be plenty of time. Worst case scenario is the seller may either reject your offer or counter. At that point, you will need to make a decision as to what is important to you.
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A few hours ago
Steve Bracero answered:
Cozy.co or mysmartmove.com are two I would reccomend!
0 votes 1 answer Share Flag
A few hours ago
Andrey Sokurec answered:
Benefits to Buyer


1) If the buyer does not qualify for the mortgage due to his previous credit history or the amount he qualifies for is less than the home price, the seller financing can help him to buy the house.

2) Chances are there that the buyer will get a little lower interest rate.

3) Buyers would not be required to get private mortgage insurance.

4) The buyer can get the entire home financed in the case he does not qualify for the mortgage.


- Benefits to Seller


1) Seller financing helps the sellers to sell their homes in the soft market as it entices the buyer and enables him to close the deal.

2) Sellers can also earn more money through the interest collected via seller financing.

3) There are some other benefits that the seller can get; he can sell his house at the higher price or without making any repair as he would be financing the purchase.


If you need any additional help needed, You can visit web reference below.
... more
0 votes 8 answers Share Flag
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