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Home Selling in 11214 : Real Estate Advice

  • All52
  • Local Info4
  • Home Buying21
  • Home Selling6
  • Market Conditions2

Activity 6
Tue Dec 4, 2012
Rhonda Holt answered:
I never saw a seller list his or her own property on Trulia, everyone is an agent or broker.
0 votes 11 answers Share Flag
Thu Jun 21, 2012
Mitchell Feldman answered:
Dear Dibbly:

Usually the bank that holds the present owners mortgage will want some kind of clause written into the contract that it is a short sale and the wording varies from bank to bank. There will also be some standard legal verbiage your lawyer will want in the contract to procect you. For example, the whole contract has to be contingent on the current owner's present mortgage banker accepting the short sale, If that does not happen you would get your down payment back. Also, there should be what we call a kick out clause. Meaning that if it takes to long for the current banker to approve the short sale, you would have the right to either cancel the deal and get your down payment back or continue to wait if you prefer.

Although I am not an attorney and cannot give you legal advise, you must have your own attorney guide you through the process. These are simply things I have come to see in short sales that I have been involved with. If I can be of further assistance, please let me know. Good luck!

Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
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0 votes 2 answers Share Flag
Thu May 31, 2012
My NC Homes Team answered:
The three most important qualities a listing agent should offer are

1. Experience
2. Communication Skills
3. Document-able Marketing Savvy and Internet presence.

See link below for more suggestions on how to find a great real estate agent in your area. ... more
0 votes 5 answers Share Flag
Wed May 30, 2012
Madeline Padovano answered:
Hi Nora
Don't get so caught up in broker's fee's, you need to hire somebody that will sell your condo.
on average its 4 to 6 percent, but as previously stated the services for each fee can vary.
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0 votes 6 answers Share Flag
Thu May 24, 2012
Inga answered:
Tue Oct 25, 2011
11214coopseller answered:
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