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Home Selling in 12443 : Real Estate Advice

  • All10
  • Local Info1
  • Home Buying3
  • Home Selling6
  • Market Conditions0

Activity 6
Bethannhill1, Home Buyer in Hurley, NY
Tue May 24, 2016
Bethannhill1 asked:
I have a listing on Trulia because I bought a ForSaleByOwner pkg that includes a Trulia listing. My home is: 123 Sunset Terrace, Hurley, NY 12443. The FSBO package also included a listing…
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Amy Bernhard…, Real Estate Pro in Esopus, NY
Wed Mar 18, 2009
Amy Bernhardt-Moore answered:
Dear Tina,

We all wish we had that magic ball to predict the market! Inventory is still high in Northern Ulster County. However Springtime does tend to bring out more buyers. Pricing is key in this market to draw prospective buyers to view the property in person. Buyers today know what they want and they will keep looking until they get it.
You say the property needs a lot of work. Does it need structural work, cosmetic work or both?
West Hurley is a lovely area and her home may be just what someone is looking for even if they have to put some time and money into it to make it shine.
If she truly wants to sell her home the Spring market would be great timing.
I'd be happy to take a look at her home and give her a professional market analysis.
Amy,
Kingston Realtor
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0 votes 5 answers Share Flag
Keith Sorem, Real Estate Pro in Glendale, CA
Sun Jan 4, 2009
Keith Sorem answered:
Tony
It sounds to me as though you are a seller without professional representation. By electing to work with your attorney, your attorney is the ONLY one who can and should provide you with advice.

Here's why:
We don't know any of the details of the transaction.

I find it incredible that you would post questions like you have to a public forum. We all may Look Good and Sound Good, but in truth we have no idea of the complete situation and I for one would be very skeptical about taking any advice from any of us in your situation.

This probably will be not win me any bonus points on Trulia, but sometimes we can do more harm than good by offering advice, which may be good advice....but for the fact that we do not know your situation. So it could happen that you take some poster's advice, apply it, then you are worse off because it caused MORE problems.

The ONLY advice I would give you is to get some competent advice from a Realtor that knows three things:
Your personal situation (when you need to close, how much you need to net), your property, and the local market values and conditions.

My last word is that Realtors would not be around for over 100 years IF we did not add value to real estate transactions. I strongly advise you to stop blaming the buyer's agent. His only duty is to his buyer. Your challenge is that you do not have a Realtor representing you.

Good luck.
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0 votes 4 answers Share Flag
Elizabeth Bo…,  in Colorado Springs, CO
Thu Jan 1, 2009
Elizabeth Bowen answered:
Tony I would suggest that your attorney get involved and contact the buyer's agent. In Colorado, the buyer's financial ability to perform is a material fact, so if anything happened that would keep the buyer from getting a loan (lost their job, etc.), the buyer's agent would have to disclose that. However, your lawyer should be able to give you advice if the mortgage committment deadline has passed and the buyer did not use that as an opportunity to notify you in writing that they couldn't get financing so they could get their earnest money back. If there are no other deadlines available for the buyer to use to get out of the contract without being in default, your lawyer should be able to help you retain the earnest money if the buyer doesn't close.
But to be specific, the bank won't tell you anything about the buyer's loan.
Good luck!
Liz Bowen
Keller Williams Partners
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0 votes 4 answers Share Flag
Randall Sand…, Real Estate Pro in Charleston, SC
Tue Dec 30, 2008
Randall Sandin answered:
Hey Tony - We just dealt with something similiar to this last week. The banks are taking so long now and changing their minds on a regular basis. I would continue to ask for approval and hope they get it done. Do the best to make your arrangement without spending a lot of money and hope it goes through.

Best of luck and I hope you close,

Randall Sandin
843-209-9667
view my blog a http://www.randallsandin.com
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1 vote 3 answers Share Flag
J R,  in New York, NY
Fri Dec 12, 2008
J R answered:
2. IF THEY SPEAK A DIFFERENT LANGUAGE (ARE FROM A DIFFERENT COUNTRY) - YES I would inquire as to their US citizenship BEFORE I go around showing them houses. Yes - definitely.
~~~~~~~~~~~~~~~~
Non citizens can buy property.
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2 votes 4 answers Share Flag
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