Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

All Locations : Nationwide Real Estate Advice

  • All720K
  • Local Info60K
  • Home Buying264K
  • Home Selling45K
  • Market Conditions26K

Activity 502,547
A moment ago
Hillb8502 answered:
If I was asked to come in to meet my landlord does that mean I have been accepted
0 votes 4 answers Share Flag
A few minutes ago
Kathy Burgreen answered:
No way out of it. You have a legal obligation to pay the HOA fee on time every month. The HOA fee has nothing to do with your mortgage loan, refinancing issues or collecting rent. The big question is WHY didn't you pay the HOA fee when you first started renting??? Even if the renter defaulted, why didn't you continue paying the HOA fee?? This was the most foolish thing you did!

Owners who lost their jobs, had a medical crisis, etc. need to notify their HOA immediately because they won't be able to pay the monthly fee. However, if you were renting, you expected to collect rent money every month, so you would have had money to pay the HOA.

Even if your home is foreclosed, you still owe the HOA $18K and yes they can take you to court where a judge will force you to pay. Start contacting a real estate attorney because you will definitely need one. If you look thru your closing documents, you signed a document that states you will pay the HOA fee on time every month.
... more
0 votes 1 answer Share Flag
A few minutes ago
Nighthawk0143 answered:
Buyer/seller. I have been in the process of buying a home, negotiating back and forth with no earnest money given, to be told that the seller has other offers to consider and they were the chosen offers. I would suggest that you google your state laws regarding removing yourself from an accepted offer. I live in one state and am looking to buy in another and there are many differences in state rules as I am finding out. ... more
0 votes 183 answers Share Flag
A few hours ago
Kathy Burgreen answered:
Typically, professional investors who buy REO or foreclosed properties will do their research with a Title company, the county and other sources to verify that nobody else can put a claim on their property. Did you do this before you bought it? ... more
0 votes 1 answer Share Flag
A few hours ago
Kathy Burgreen answered:
Realtors have access to all lockboxes in their local area. First is there a business card or brokerage name on the back of the lockbox? If yes, then visit that office and ask to speak with the Office Manager or Broker in Charge. Ask that person if one of their agents can come to your home and remove the lock. If there is no business card or brokerage name on the lockbox, just go to one of the larger brokerages in your area and ask to have one of their agents come to your home and remove it.

These lockboxes are expensive so if it's one of the newer ones, brokers will want yours for free. If the lockbox is one of the older versions that's not in use anymore, no brokerage will want to take time to go to your home and remove it. Go to supra's website and see if this lockbox is one of the current ones for sale or a recent one.

With supra lockboxes you do need a code. The alternative is going to Home Depot and renting or buying a plyer tool to break the lock.
... more
0 votes 1 answer Share Flag
A few hours ago
Josephinelshaffer asked:
I need to renew my mortgage. I heard, the mortgage rates are subjected to market rates. And as the market changes, there are possibilities of varying interest rates.

If I automatically…
0 votes 0 Answers Share Flag
A few hours ago
Brucegarciablue1 answered:
I have no real Estate license and no college degree in real estate i want to know if I can buy and sell real estate in arizona
0 votes 28 answers Share Flag
A few hours ago
J.alexander88 answered:
Your going into it knowing that there are issues with the property, if there were no issues they would not be wholesaling the property.
0 votes 39 answers Share Flag
A few hours ago
Reed2816 answered:
what did u find out? they have made me an offer also
0 votes 2 answers Share Flag
Yesterday at 10:18pm
Mrcove asked:
My current FHA loan has 262 months remaining, balance $92,564, int rate 5.25%, current payment 1,120. I would like to refinance for the remaining term or less (15).

I'm not sure…
0 votes 0 Answers Share Flag
Yesterday at 9:38pm
Trent Rhodes answered:
Good evening Jennifer,

It is the common practice for the spouse to sign at closing any time you are taking out a mortgage. It does not make him responsible for your mortgage and it doesn't affect his credit. The purpose of him signing is to acknowledge that you are taking out a mortgage; however, there are a couple exceptions to the rules.

First and foremost, you have to work with the right people that know these exceptions. The mortgage company will allow you to close without your spouse signing if the title insurance company will not omit any title insurance coverages due to his not signing. They will require a letter from the title company specifically saying that they will fully cover the property even without his signature. There is only one title company in the Oklahoma City area that I know of that will provide this type of letter.

Feel free to send a message to me privately if you would like more information regarding this or if you have any other questions. It just isn't common to do it this way.
... more
0 votes 4 answers Share Flag
Yesterday at 9:25pm
Robert Hayley answered:
Welcome to Texas, Sarah! Congrats on starting out your real estate career. There's a lot to consider when you're thinking about how you want to pursue it. I've been a managing broker, recruiter, Realtor and more. I would be happy to help you explore ideas that would work for you. ... more
0 votes 2 answers Share Flag
Yesterday at 9:07pm
Diane Christner answered:
The condo community has to be on the approved list you can find at Sorry but this site won't allow me to post the direct link for you.

HUD has guidelines that must be met by the condo community, things such as number of investor owners, number of units delinquent on fees, required reserve funds for major repairs and maintenance, adequate insurance coverage.

A lot of FL condos have too many rentals, too little in the reserve funds or insurance coverage is not sufficient to meet FHA guidelines. It also requires the condo board and management complete documents for HUD, which not all are willing to do. Some were previously approved but let the certification lapse. It makes it difficult for FHA buyers to purchase condos, but it's not impossible. As I mentioned at the top of my post, all approved condo communities must be on the HUD approved list, so that is where I would start my condo search.... by seeing what options are open to you in your area.

Good luck with your search.
... more
0 votes 1 answer Share Flag
Yesterday at 8:45pm
Reereeloc asked:
Can you please help found ahouse ranging from. 700 - 800 monthly and move in tomorrow because lam homelessl live inphiladelpha pa19151 contact me2157155276 thersascott can you help
0 votes 0 Answers Share Flag
Yesterday at 8:38pm
Lulalott.1922.1 answered:
the property is deeded to me and my husband.But the loan is defaulted in a nother name but i want to keep my is also inherieted and have other heirs tired to the property.
0 votes 15 answers Share Flag
Yesterday at 8:32pm
Brian Ploszay answered:
Yesterday at 8:30pm
Brian Ploszay answered:
Yesterday at 8:27pm
Elisha59 answered:
1 2 3 4 5 6 7 ...
Search Advice