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20852 : Real Estate Advice

  • All34
  • Local Info2
  • Home Buying18
  • Home Selling10
  • Market Conditions0

Activity 33
Wed Nov 2, 2016
Jonathan Lahey of The Lahey Group answered:
Check here : https://www.thebalance.com/how-to-market-your-house-1799084
0 votes 9 answers Share Flag
Thu Oct 6, 2016
Jonathan Lahey of The Lahey Group answered:
For us ..

We have a good standing on the market so i cant say that it is slowing down ..
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Tue Oct 4, 2016
Jonathan Lahey of The Lahey Group asked:
Thu Aug 4, 2016
Erin Malone asked:
We were told that there was one low offer had been presented last night and they were probably not even going to counter. Our real estate called her colleague, who had the listing, and told…
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Wed Aug 13, 2014
Scott Godzyk answered:
Complete a title search upon receiving the closing order to identify any problems early. Then make sure the buyer, seller and agents understand the paperwork, the numbers and the process. In short be more people friendly ... more
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Wed Jan 22, 2014
Jessica Hood & Laura Roskelly answered:
Yes, when you close on a new home you will need to place enough money in your escrow account to have a full payment in there on the next tax due date. So depending on the time of year and how taxes are paid (annually or semi-annually) you will have to contribute to that account. You will also need to reimburse the current owner for any taxes that they have pre-paid on the home. ... more
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Mon Sep 23, 2013
Caryn Elder answered:
There are many diffeent facets wehn buying an investment condo. The down payment is larger (20 to 25%), the interest rates are higher, and you must qualify for the mortgage payment and your lease payment. Condo's also require a project approval/review so the project must meet certain guidelines. Feel free to contact me for more details! Caryn ... more
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Wed Mar 6, 2013
Tammy Durbin answered:
I think it is a great time to sell. Inventory is low. We have a lot of buyers but not enough houses.
0 votes 12 answers Share Flag
Wed Mar 6, 2013
Bill Eckler answered:
The efficiency of an open house is regional. In our location they are an effective piece of any marketing plan because they produce activity. In other locations, where weather and seasons are a factor this approach may not be as productive.

Even more important is the location of the property. If you are off the "beaten path" open houses may be a total waste of time. A homes visibility adds to open house sucess.

Hope this is helpful.

Bill
... more
0 votes 7 answers Share Flag
Wed Mar 6, 2013
Russ Ravary answered:
If it is a hot market and your house is in great shape then you should be listing at slightly above market value. If your area is a buyers market and you have a lot of competition then slightly may be the way to go. Check with a local realtor to plan your strategy ... more
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Wed Mar 6, 2013
Russ Ravary answered:
Usually 30 days is the common number in Michigan. The banks should know by then
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Wed Mar 6, 2013
Russ Ravary answered:
Listing agents send out emails to other agents in the area. But most of the marketing is done by your mls. Agents who have clients that are looking for your property will go to the mls first before they open any email from an agent. Think of it this way. There are hundreds of properties listed each day. That would be hundred of emails recieved for properties you may not have a buyer for. ... more
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Sun Feb 24, 2013
Your Solar Realtor answered:
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
202-573-6035
www.fairwayboston.com/Default.aspx
Contact: Catherine Purcell
catherinep@fairwaymc.com
0 votes 5 answers Share Flag
Wed Aug 29, 2012
Jody Seibert answered:
You will have a financing contingency on all but cash offers and the loan terms must be stated. More than likely, the Buyer qualifies for the loan amount at 3.5%, but may or may not at a higher rate due to debt/income ratios. What exactly are your concerns in regard to this contingency? ... more
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Tue Jul 3, 2012
Jessica Hood & Laura Roskelly answered:
Hi Mary,

In our area we are successful with home sales year round thanks to the military population and government employees who transfer on a regular basis. Sell at the time that is good for you. In our area (Anne Arundel County) the inventory is at record lows and demand is very strong so if your home is properly prepared/staged/photographed and blasted on the Internet it could sell in days! Best of luck. ... more
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Mon Jun 25, 2012
Edith Karoline Jasser answered:
I am assuming that you are a seller and you are wondering? Am I right?

A broker's Open House is usually held early on after the date of listing, in order to give the Real Estate community a chance to preview the new listing, the Realtors then can ask questions about the property and evaluate if they do have a potential buyer for that particular home.

They then usually talk to their clients and encourage them to see the property if it fits the clients needs.
The other advantage of a Broker's open is that it is easy for agents to see several homes that are open, without having to make appointments to preview homes on their own.

Furthermore, once agents have seen a new listing, they return to the office and talk with each other about what homes they have seen, and this way also agents who were not able to see it will find
out from their colleagues when there is an interesting property.....
So many advantages....

A public open house, oh well is like picking 4 leaf clovers, one never knows who is dropping by,
serious or just curious because their is an open house, looking in and getting new decorating
ideas, or simply neighbors wondering how that home compares to theirs......remember that these days it is not the public open house (although still possible) that will bring in the serious buyer. Serious buyers start looking on the internet, connect or already have from earlier purchases a Realtor they trust, and that Realtor then will show them only those properties the buyer and his or her Realtor consider to fit their pocket book and needs.

So in general we do one or two Brokers opens in the beginning or when their is a major change (like a new price, or some decorating or staging) and then probably depending on Realtor's judgment and market area a few public open houses.

But you should sit down with your Realtor and discuss and exchange your thoughts and ideas about it, and then agree on how you and your Realtor want to decide on open houses.

Good Luck to you......
Edith YourRealtor4Life and Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients covering the larger Chicagoland areas
and the fine homes on the North Shore, and with Partner Agents all of the US and properties
worldwide. Edith speaks French, German, some Spanish and more.....

EdithDoesItRight@yahoo.com EdithSellsHomes@gmail.com
@Properties 30 Green Bay Rd Winnetka Illinois 60093
Your Referrals are always Welcome :) Check out my expertise and services at
Http://www.tinyurl.com/MeetEdithHere
... more
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Mon Jun 25, 2012
Jessica Hood & Laura Roskelly answered:
Hi Mary,

Market your home when the time is right for you. There will always be competition whether it is in your neighborhood or elsewhere. Just make sure that your price and condition are competitive so that your home is chosen. Hoping you get multiple offers too! ... more
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Thu Jun 21, 2012
Jessica Hood & Laura Roskelly answered:
Hi Mary Lan,

Your best bet is to contact a reputable local contractor for a FREE estimate to convert the house to Central A/C which is a true must in the re-sale market here in Maryland. I've never heard of a ductless system but it is worth exploring if it is an option. ... more
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Thu Jun 21, 2012
Ron Alexander answered:
Above the EPA recommended level of 4.0 pCi/L must be remediated by the sellers and retested after the remediation system has been installed.
0 votes 7 answers Share Flag
Sat Jun 16, 2012
Greg Myers answered:
Yes you should have the home tested unless you are in a mutilple offers on your home of choice I would suggest you not include a RADON contingency. Have the home tested and remediate if necessary after settlement.

Since the 5.2 earthquake last October some area's of Montgomery county that have normally tested negative for radon are now testing positive.
... more
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