Trulia Community - Advice from neighbors and local experts

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

15236 : Real Estate Advice

  • All14
  • Local Info2
  • Home Buying3
  • Home Selling2
  • Market Conditions0

Activity 11
Fri Apr 11, 2014
Dan Haeck answered:
Appraisals are done for a variety of different reasons and ordered by many different entities. It could be an appraisal that was done for a refinance loan, a divorce attorney may have ordered it to determine what the home is worth in a divorce settlement, an estate settlement, or the home owner may have ordered an independent appraisal for an opinion of value. So if you have interest in the property, you should have your Realtor do a comparable market analysis (CMA) to determine what comparable homes have sold for recently in the same area. This will give you a more independent idea of what the home should sell for. Then it is ultimately up to you as to what to pay for it and what you are capable and comfortable with. Getting a copy of the appraisal may at least help you determine who ordered it and why which will help you determine its useful value in the hunt for a home value for your purposes. ... more
0 votes 2 answers Share Flag
Fri Apr 11, 2014
Dan Haeck answered:
There really is no way to answer your question with the amount of information given. Although your credit score and income sound like they could support a good chance at a loan, there are many more variables that come in to play. Your debt is probably the biggest factor of these additional variables. You definitely just need to contact a reputable lender and talk it out. ... more
0 votes 7 answers Share Flag
Fri Apr 11, 2014
Dan Haeck answered:
A mortgage contingency is a safeguard to a buyer that is in need of mortgage financing in order to purchase a property. The mortgage contingency allows the buyer to back out of the purchase and puts him/her in a great position to get their good faith deposit returned should the mortgage be denied. If a buyer waives the mortgage contingency, it means that they are still obligated to purchase the property, even if they are denied a mortgage. Typically, this scenario would only take place if the buyer wants a mortgage but does not require one to purchase the property, or if the buyer intends on paying cash for the property from the beginning. Unfortunately the only other way would be if the buyer's agent fails to explain this to the buyer and have the buyer elect the mortgage contingency on the agreement of sale. This puts the good faith money in jeopardy should the mortgage not be approved. ... more
0 votes 4 answers Share Flag
Tue Jul 9, 2013
RON Graf answered:
I can email you foreclosures in those area's. email me at and give me your contact information so I can send you them.
0 votes 2 answers Share Flag
Wed Mar 28, 2012
. answered:
I can help I'll be your buyers agent. I can put you on the mls multiple list email alerts. I just need the specs on the locations, price, ect. desired and I'll set you up with the email alerts. ... more
0 votes 2 answers Share Flag
Sat May 28, 2011
Scott Godzyk answered:
I do not know of any law that would police signs... agents usually place pending on pending listings and sold when those contingincies are removed. It is common to see a sold sign on a home that has not closed but a clear to close is given. Contract law doesnt cover signs, it is pure advertising ... more
0 votes 1 answer Share Flag
Mon May 9, 2011
Tim Moore answered:
Sharyn, This is truly a question for you to ask your broker. Hand Money? If you are unsure then get your broker to look over your offer before you present it. Good luck.
0 votes 1 answer Share Flag
Sun May 1, 2011
Catherine "Cathy" Chaudemanche answered:
Hi Sharyn,

Welcome to Trulia.

I have put a lot of resources in the last 6 years to develop and maintain a network that brings me over 100 local leads per month. Trulia is an integral part of my lead generation network. I never contemplated using one of those companies as a viable business option.

You may be able to find top producing Agents who are using one of those companies as their source of business generation. I do not know any personally.
... more
0 votes 2 answers Share Flag
Fri Apr 29, 2011
allan erps,ABR,SFR answered:
Wear your badge everywhere, talk to as many people as possible, get involved community wise. Hop you hit the Lottery!
0 votes 1 answer Share Flag
Wed Nov 10, 2010
Erica Ramus, MRE answered:
It is amazing how some sold properties manage to work their way back to the system. I get many emails from buyers who want to view properties that are on here yet were sold months ago.

Bobg, I would contact the TRULIA help desk.
... more
0 votes 2 answers Share Flag
Thu Oct 1, 2009
Robert Greenblatt answered:
Hi Zippy. As I always teach my students....the house is worth to you, what it is worth to you. We all have different strategies when it comes to investing in real estate. Cash flow, long term hold, short term hold, etc. By engaging a title company in the transaction you should receive a free and clear title at closing. Always use "OPM"...Other People's Money when able. If you qualify for financing, use it. You can leverage your available cash for multiple deals. Hope this helps....

Robert Greenblatt
Keller Williams
... more
0 votes 5 answers Share Flag
Search Advice