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16055 : Real Estate Advice

  • All9
  • Local Info0
  • Home Buying3
  • Home Selling3
  • Market Conditions0

Activity 6
Thu Feb 26, 2015
Ryan Rivera answered:
Sign in as an agent on Trulia. At the top hover over "My Listings" then click on "Manage Listings"
On the next screen find the listing you want to add the photos too, and click "Edit Listing - add photos" ... more
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Thu Jan 13, 2011
Stan Bril answered:

I suggest you speak with a lender. This will give both you and the lender a good snap shot of your file, income, debt and credit score. Please feel free to contact me if you have any more questions or would like to get pre-qualified. Good luck,

Best regards,

Stan Bril
Branch Manager
GFI Mortgage Bankers, INC.
275 East Street Road, Suite 4
Feasterville Trevose, PA 19053
Office 267.988.4013
Toll Free 877.409.3377
Fax 215.689.0957
Cell 215.681.2444
... more
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Mon Jan 10, 2011
Ed Fallon, MBA answered:
Yes, it is available. The advantages of this program are:
• No Down Payment
• No Mortgage Insurance
• No Reserves Needed
• No Limit on Seller Concession
• 100% Gift Allowed for Closing Costs
• Up to 102% Financing
• No First Time Home Buyer Requirement
• 3.5% Funding Fee For Purchases
Also available in combination with the PHFA Keystone Home Loan and keystone Home Loan Plus if you are a first time buyer.
... more
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Fri Sep 3, 2010
Ron Carpenito answered:
I agree with both answers given. You can, but will likely face legal ramifications as there will be a claim to the property with the accepted offer from the first buyer, therefore making it difficult for you to actually convey free and clear title to the second buyer (should the 1st buyer file a claim for performance against you). You could also accept the 2nd offer as a full backup offer (signed and accepted) with the contingency that the first offer must be legally terminated for the 2nd offer to go into effect. Consult a Real Estate Attorney

A 3rd option that most people do not consider, is asking the 1st offer to "walk away" and offer them some compensation for their trouble. If the 2nd offer is that much better, then this is a possible strategy to make it happen. You might even get the 1st offer to come up in price to stay in the game!

Keep in mind however, there is a lot of parts to an offer (price, terms, time, condition, ability to actually close etc...). $10,000 more from the 2nd buyer may not be worth it if the chances or success are slimmer, or you'll be rquired to do things you don't want to do (make repairs, etc)...
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Mon Sep 7, 2009
Heather Moriah Martin answered:
Hello Dudley01!

Well, yeah the Seller can do what ever they really smart if they lowered the asking price under what you offered them BUT yeah they can do what ever they want to sell their home. The only reason why they are most likely lowering the price is they NEED TO SELL NOW. They may be concerned with your current home selling...and they are afraid to "keep waiting" for your home to sell as they need to get out of a situation on their end? So, the only way for you to get out of the agreement at a higher price would be for you to wait until your condition runs out and make another offer at a lower price. If you wanted to know what you can do to get the lower price...I would image that would be your next question.

I hope this helps you.
... more
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