Trulia Community - Advice from neighbors and local experts

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

19701 : Real Estate Advice

  • All17
  • Local Info2
  • Home Buying12
  • Home Selling2
  • Market Conditions0

Activity 15
Sat Nov 12, 2016
Joyce.davis5 asked:
Sun Jul 31, 2016
Tiffany Dawnn asked:
Thu Apr 28, 2016
Gateser16 asked:
My house is FSBO. The buyers were trying to get us to enter into an agreement to sell the house for whatever the appraisal came back at. I had never heard of this approach, and seemed…
0 votes 0 Answers Share Flag
Wed Aug 19, 2015
Robin Roberts answered:
HSA does a good job here in Delaware. I can tell you there are different prices for different Real Estate company's. According to HSA they just lowered the price through our company by $50. If cost is no concern they are the only company I use. Unless my client wants to use someone else. Best is to compare what they cover side by side and make your decision. Good luck. ... more
0 votes 5 answers Share Flag
Wed Aug 5, 2015
thinz answered:
While most banks do not put up homes for rent...fannie mae has and still does.
Go to homepath.com and check out the listings in the state you are thinking of purchasing in and call the agents handling those properties...even if the homes for sale are currently rented, they can possibly help direct you to other homes they are representing for fannie mae.
Tom Hinz www.shortsaletosell.com
... more
0 votes 3 answers Share Flag
Thu Jul 16, 2015
Robin Roberts answered:
Settlement help can be used for down payment or closing cost. an important point is the seller will give settlement if you have not asked for a large reduction in price. In other words the seller may lower the sale price or give settlement help. However the net to the seller has to be still in the fair market range of the property. Hope this helps. ... more
0 votes 3 answers Share Flag
Thu Jul 16, 2015
Robin Roberts answered:
Chynadoll, Bear is my area! There are many properties you described in the area you are looking. HOA fees are very common and what may be a perfect fit for you could have the HOA fee. However HOA fees can range from $25 a year and up but are rarely very high. There is a community called Pine Forest that sounds like it would fit your criteria. If you would like more information my cell is 302-650-4155 E-mail robin.roberts@foxroach.com. Good luck! ... more
0 votes 4 answers Share Flag
Wed Dec 10, 2014
S. Walton Simpson answered:
(REO) Bank Owned homes provide some of the best value in the market today. I have had many successful transactions with this type of property.

The condition of these homes will very and is an important factor to note when purchasing from a bank. The banks often advertise these for sale as-is. I have had buyers using both VA and FHA loans successfully purchase REO properties.

Pros:
Great Value
easy transaction

Cons:
May not have utilities on and that must be addressed for inspections
Banks require a number of addendum's to the Delaware Agreement of Sale

Best,
S. Walt Simpson
Keller Williams Realty
302-242-5146
... more
0 votes 4 answers Share Flag
Mon Feb 17, 2014
Wayne Bartron answered:
Hi Michael,

I agree with the advice given. Just remember there are other aspects of your situation and history that will be considered by potential landlords such as job history, income, previous rental history etc. You may find it beneficial to emphasize those other areas that are positive when applying for a rental.

Contact me if I can be of assistance.

Wayne Bartron
relatorWB@gmail.com
... more
0 votes 2 answers Share Flag
Wed May 16, 2012
Mia Burch answered:
Hi V,
You can go to New Castle County Website to find out Parcel information:
http://www2.nccde.org/home/default.aspx

Hope this help and I will be glad to assist you if you need a information on specific property.
(302)299-1103
... more
0 votes 2 answers Share Flag
Thu Feb 23, 2012
Bob Comegys answered:
I do a lot of short sales and I can tell you that 100% of the time the banks I have worked with will not allow a contingency of sale. I have had some that move super fast offer to close in 45 days and others that have taken close to a year. I think they shy away from the contingent sale just in case they can close quickly. ... more
0 votes 6 answers Share Flag
Sat Dec 19, 2009
Jeff K answered:
Brenda,

You know what? Cindi is correct! And I'm embarrassed that I forgot to mention anything about this.

Please bear in mind that certain upgrades really must be done when a home is built, like an extra row (or even 2) of blocks in the basement, or extra recessed lights, etc. Lots of other stuff can be done later, and for much less if you do it yourself or even just with a decent handyman or contractor.

The only upgrades that we wished that we HAD done and did not were more recessed lights in the kitchen area.

If you do proceed with new construction, you'd be well-advised to get a radiant barrier installed after it's built in the attic. This will cost about $500 to do yourself, and it will save you at least double that every year in heating/cooling.
... more
1 vote 3 answers Share Flag
Wed Nov 11, 2009
Bill Treible answered:
Everything is negotiable Brenda but it must be done properly. Hope you are using a Realtor, they will not be an expense to you and builders will work with them. This will usuallykeeps the negotiations from getting out of hand. My answer to your question is to sign on with A Realtor you feel comfortable with, Then with your Realtor present pick the options you wish to add into the home have thbuilder or builder's agent show you the full price that the builder will be asking for the home. Most builders will not acknowledge your Realtor if you have visited the site for the first time without that Realtor present. ... more
0 votes 5 answers Share Flag
Thu Aug 6, 2009
Carol Succarotte Daniels answered:
Hi Ab, Hard to answer that for a couple reasons. 1. Home values went up dramatically from 06 to 07 and part of 08. Then the values went down as we all know. Probably homes are at 2006 values. Poor condition will depend on several things. So as Jacqeline indicates, without seeing the house it would be hard to evaluate. Sorry ... more
0 votes 2 answers Share Flag
Tue Jun 16, 2009
Jacqueline Roark answered:
Hi George,

The first thing I would be wary of is buying a home and renting it back to the homeowner. Unless you know the ins and outs of what happened to get them in the situation, I wouldn't touch the idea of renting back to them.

Second, if you know the person and you are comfortable approaching them about buying the property, then do so, otherwise, you can have a realtor work for you, but you would have to pay them a commission on the sale. Also, a realtor can help you determine if you are paying the right price for the home and what steps you need to take to purchase.

Third, unless you are paying cash, contact a lender and get pre-approved.

Fourth - Make sure you know what stage of the foreclosure process the home is in. You want to get authorization from the seller to be able to call the lender and talk with them directly, that way you have the complete details of what's going on with the home.

Fifth - Contact an attorney to do a title search. You don't want to get into the process and find out the homeowner has alot of liens on the property.

If I can be of service, let me know.
... more
0 votes 1 answer Share Flag
Search Advice
Search

Followers

47