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19114 : Real Estate Advice

  • All43
  • Local Info1
  • Home Buying25
  • Home Selling3
  • Market Conditions0

Activity 33
Tue May 17, 2016
Karen Hoffman asked:
Helping my boyfriend. His house was foreclosed on in November, 2013 by Wells Fargo. He owed approx $82,000. It was then sold REO and Trust Deed on 2/25/2014 for $120,000. Firstly, does…
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Wed Feb 10, 2016
Butterfly01pa asked:
Can a listing be flagged due to a scam
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Tue Dec 8, 2015
Five Stars answered:
pretty much every bank and lender will offer FHA loan today. Just talk to a few people and use the one you are comfortable with..

Five Stars Mortgage
National Home Loan Resource
7 days week - 9am-8pm
Ph: 800-871-2636
... more
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Fri Mar 13, 2015
Theresa Weikel asked:
Wed Mar 5, 2014
Kevin and Mikki Mills asked:
I've been confined to a wheelchair for almost 2 yrs now. We currently rent a typical NE Philly 3 bdrm row home. We have 5 kids (1 is away at college). The kids have the 3 bdrms upstairs,…
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Sun Jan 19, 2014
Michael P. Cohen answered:
I would check your lease or call your lawyer

Michael Cohen 6106420347
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Sun Sep 23, 2012
Loretta Leibert answered:
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Tue Apr 3, 2012
Philip J. Cunningham Sr answered:
Please call me at 215 725-5700 with the addrtess and I'll research the address and help you contact the current owner It most likely the city of Philadelphia for back taxes or the bank on a foreclosure. Either way I'll be more then happy to help out.
Philip Cunningham Sr
V.I.P. Realty Corporation
7942 Bustleton Ave
Philadelphia,PA 19152
... more
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Tue Apr 19, 2011
Dallas Texas answered:
Against professional code of ethics for any Realtor to predict the future of any property or community

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
... more
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Mon Dec 13, 2010
Anna M Brocco answered:
Wed Nov 17, 2010
Brian Yoak answered:
Hi Arretta,
There are a couple homes available on Convent. Could you please send me the address or what companies sign was up so we can narrow the search down.,
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Wed May 19, 2010
Robert A. Martini answered:
Home Buyer-
Pending Sale: This usually means that there is a contract on the house and there are no contingencies outstanding. The buyer's financing is approved and the inspection has been done and repairs have been negotiated. All that's left is for the closing attorney to put together all of the closing documents for the buyer and seller. Usually very few transactions fall apart at this stage. There might be a few sellers who will still allow their home to be shown and take a back up offer just in case. If you ever need a real estate term definition please refer to the real estate encyclopedia available on the site below.
Hope this helped!

Robert A. Martini
Keller Williams Real Estate
Philadelphia PA
... more
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Thu Feb 11, 2010
Robert A. Martini answered:
Contracted by April 30th 2010 (signed contract, lending in place) , settled by June 30th 2010 (Go to Settlement- home changes hands). For 200k you might find a home already fixed up . Start the process by getting approved by a mortgage lender. At Keller Williams Real Estate, we have a 3 floor cutting edge facility with mortgage lenders on site to make your home buying experience less stressful. Contact me if you need any help.
Good Luck!
-Robert A. Martini
Keller Williams Real Estate
... more
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Wed Feb 10, 2010
Robin Silverberg answered:
Are you a union member who gets short term unemployment in between getting assigned to jobs? That might be something that can work. For all other income sources, for any loan, you would have to prove that it is going to continue for at least three years, therefore no matter what unemployment wouldn't qualify. ... more
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Sat Feb 6, 2010
Svetlana P. Casey answered:
Thank you for your question. The average home buying transaction takes about 60 days. Therefore, to comfortably meet the April 30 deadline to be under contract and close by June 30, buyers should be shopping now. If you have specific questions about this would affect your taxes, check with your tax accountant or attorney.

Basic information for 2010 Homebuyer Tax Credit on our website:

Being pre-approved for a mortgage is the most important step for the success of your home search!
Preapproval is also the foundation for your negotiating position with sellers. You need to find your purchasing power prior to searching properties.

Kind Regards,
... more
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Wed Feb 3, 2010
Gita Bantwal answered:
In Pa we have agency laws applicable to relationship with real estate agents. The listing agent represents the seller. If you go to an open house and tell the agent that you love the house and will make an offer and are willing to increase the offered price , the agent can tell the seller what you told because you do not have an agency relationship with the agent.
If you have an agency relationship with a buyer's agent who will negotiate for you, the agent should not mention any confidential information about you to anyone.
The agent will give you a consumer notice at the initial appointment and explain agency types. You should interview two or three agents before choosing an agent or ask for referrals from your friends who purchased recently.
Please note that term of agency contract is negotiable and there are agents who who will sign a one day or one week contract to see if you and the agent can work together.
The agent can do the comps for the area and guide you about prices. The agent will negotiate on your behalf.
If the house is vacant and available for immediate possession you may have more room for negotiation if you can settle quickly.
... more
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Thu Jan 21, 2010
Don Tepper answered:

Why would you be able to?

Whoops. Sorry, I'm not an accountant. Check with an accountant.

If the other party was at fault, his/her insurance should pay for some of your losses. And if you were at fault, your insurance should. If the car was used for business, you may have some additional options. Again, check with your accountant.

But just because someone makes a mistake doesn't mean it's tax deductible.
... more
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Mon Nov 30, 2009
Chad Bahnsen answered:
I used to use Met Life as a broker but now I'm a banker. They are pretty good. However, I'm pretty sure that the minimum score is 620 for Streamlines unless it's Met Life o Met life..let me know what you find out. Also, ratios have to be 43% and below I believe. Have a good night. ... more
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Thu Nov 5, 2009
Vicky Chrisner answered:
BREAKING NEWS ON THE TAX CREDIT HOMEFRONT - Read this blog! It's not just for 1st timers anymore.
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Wed Oct 21, 2009
Angelica Torres answered:
Great start! I will provide to you names and numbers of Loan Officers that can provide to you the tools, get you pre-approved, and arm you with the information necessary to make a wise decision. The key to determine your loan , will depend on the condition of the property you like to purchase. I specialize on First Time Buyers and will be happy to assist you. Call me at 626-367-4937. I do understand that purchasing a house is a very important event in your life, I strive to make the purchase of your new house and exiting experience. Hope to hear from you! ... more
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