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23060 : Real Estate Advice

  • All31
  • Local Info4
  • Home Buying14
  • Home Selling5
  • Market Conditions0

Activity 26
Mon Aug 15, 2016
Maricris A answered:

To know what is your home worth, please click the link below.


Consumer Care Advocate ... more
0 votes 1 answer Share Flag
Tue Jun 21, 2016
Scott Godzyk answered:
Bank owned home purchases are usually AS IS, where the bank does not make any repairs or credit for anything found in an inspection. The best advice is always test everything before making an offer. You can type an addendum if you are within your inspection period and ask the bank to fix or credit you, but they dont have to as their as is addendums usually trump a standard purchase contract. Check with your buyer agent and or lawyer for the law in your state. ... more
0 votes 1 answer Share Flag
Sun Jul 12, 2015
Grs-mes asked:
Mon Feb 16, 2015
Scott Polly answered:
You will have to wait 3 years from the date the bankruptcy was discharged to get pre-approved again for a home loan. Then you can purchase.

Scott Polly
Keller Williams Realty
Vienna, VA
... more
0 votes 2 answers Share Flag
Mon Feb 9, 2015
Charlotte Turner,ABR®,e-PRO® answered:
The best thing to do if you think a listing is fraudulent is to flag it and Trulia staff will check it out. Go to the listing, look for the More menu item. When you select More, a dropdown will appear and just select Flag.

You can also send information to Trulia at
... more
1 vote 1 answer Share Flag
Mon Feb 9, 2015
Debra (Debbie) Rose answered:
if you want, you can bring up the listing and look for the word "MORE" - it has a link to FLAG the listing as fraudulent ...trulia should then remove it
0 votes 1 answer Share Flag
Sun Jul 6, 2014
Annette Lawrence answered:
Opps, This question asked in 2011.
May be unrelated to Trulia's current mess.
0 votes 6 answers Share Flag
Tue Feb 11, 2014
Kevin Sweeney answered:
I may be a little late answering but if you choose a lender that has a long term rate-lock, along with a float down option, that may have reduced your concerns. PrimeLending is such a lender. I can lock you in to a long term lock with a 'float down' option which would allow you to float down if market rates were lower. If rates were higher, no worries, you were locked in and your rate lock is safe!

thanks, kevin
... more
0 votes 5 answers Share Flag
Tue Nov 26, 2013
Debra (Debbie) Rose answered:
tanvir........... why are you repeatedly dredging up old questions and posting spam?

it isn't allowed here, and it has been flagged
2 votes 25 answers Share Flag
Mon Sep 30, 2013
Brenda Feria answered:
In the long run, if you can deal with the frustrutions that sometimes come with renting, you will probably make more money on your property by renting. You will need to refurbish it every time a renter leaves. If you are getting enough money to offset dealing with that, you are good. I always keep my income from my rental properties separate so that I can see exactly how much is going in and how much is going out. That way I don't have to calculate each year to know what I have made. It also makes it easier for tax time.

Our company handles rentals if you would rather not deal with tenants.

Best of luck! You have great options!
... more
0 votes 7 answers Share Flag
Wed Jul 10, 2013
Brian Person answered:
They are correct in VA you do not need an attorney for a loan closing. In Deleware however, an attorney is required for a loan closing.
0 votes 3 answers Share Flag
Sat Jan 26, 2013
Laurie Fisher answered:
There are some lenders that will consider alternative credit such as cell phones, utilty payments, rent payments and etc. Give me a call and I can refer you to one of lenders.
0 votes 5 answers Share Flag
Sat Dec 29, 2012
Ryan Sanford answered:
Hello, Curious:

I may be interested in the land if it is developable. Please contact me.

Ryan C. Sanford
REALTOR®, Associate Broker, CDPE
RE/MAX Commonwealth
Top 1% of REALTORS in Central Virginia
9401 Courthouse Road, Suite 200
Chesterfield, VA 23832
804-218-3409 mobile
804-777-9001 office
804-423-2392 e fax
... more
0 votes 5 answers Share Flag
Fri Dec 7, 2012
Maureen Schmidt answered:
Also, the zip code for Cedar Grove is 23228 - which is Henrico County, just not Glen Allen's Post Office.
0 votes 2 answers Share Flag
Thu Dec 6, 2012
David Adams answered:
Some wonderfully helpful answers here. I do, also suggest, there is no time like the present. You want to make sure you have ample time to find the PERFECT home for you. Don't get caught in a rush and pick up the first thing going. You surely want to start by getting pre-approval for a home loan, so that you know what works best for you, when you start your search. Feel free to contact me for all of the above, if you haven't already found a helping hand. ... more
0 votes 9 answers Share Flag
Tue Sep 11, 2012
Maria Cipollone answered:
Do not sign any contract for a new house before you sell your existing home. Contact a Real estate agent in your area and find out if the price that the builder is selling your house for, is the right one and what other options you have based on the agreement that you signed with the builder.

Is better to rent a property for a few months, than being pressure to sell your house for a ridiculous price.

Best of Luck,

Maria Cipollone
... more
0 votes 5 answers Share Flag
Thu Aug 9, 2012
Dorene Slavitz answered:
Dear Tu,
No I don't personally, I use this document will all my buyers . I look at it differently after working with buyers over the years I feel it establishes a working relationship where the goals and expectations are clearly outlined. It also puts a stop to wasted time for all concerned. Once a buyer represtentation document is in place, your client can visit Open Houses to their hearts content without being botherd. You are right, of course, about trust and respect and hopefully this will develop with time. To me it's no different then filling out forms at any professional office.
I wish it was the LAW in California!
... more
1 vote 15 answers Share Flag
Tue Jul 31, 2012
Willson Brockenbrough answered:
That sounds like what I would call a "free look". The developer is banking on economic recovery and increasing property values to make what might be a nice profit with little risk and no commitment to buy unless they choose to do so at the end of 4 years.
While 6 months might be reasonable while he/she does a feasibility and engineering study, I would expect a sizable non-refundable deposit before tying up my property for that period of time. It's a common strategy that has yielded big rewards for local developers, many of whom never actually purchase the property but flip their contract "option" to another developer for a tidy sum without ever spending more than a small sum on a study.
You would be wise to get good counsel from an experienced Realtor and real estate lawyer before tying up your property with a deal like this.

Willson Brockenbrough
Keller Williams Realty
804-928-7878 Direct

Your Neighborhood Realtor Since 1983
... more
0 votes 1 answer Share Flag
Sat Dec 24, 2011
Tina Beasley answered:
Did you buy straight from the builder or did you use an agent to assist you? Builder's contracts are different from the standard contracts that we use as real estate professionals here in the Richmond area. One of my clients just signed with a builder and his contract stated that the builder did not have to leave the deposit in escrow and that the funds could be used to start contruction of the home. So, you may not understand your contract and getting legal advice from a local attorney is advisable. I like Duane Deskovich with Cawthorn, Pickard, Rowe & Deskovich. That office number is 804-288-7999.

I hope that you get your issues resolved and just keep in mind that using a real estate professional to help guide you and advise you usually does not cost you anything when purchasing a home. The selling party usually pays the commission to the agent, so you have nothing to lose and so much to gain from someone that has been in this business and understands these contracts. Good luck!
... more
0 votes 2 answers Share Flag
Fri May 13, 2011
Shannon Milligan answered:
My feeling is if it bothers/concerns you then it may do the same for others. That being said, I feel there is a buyer for every home and often price is the biggest factor. Consider the pro's and cons. Think about calling a Realtor in your market as all real estate is local and they can give you an opinion. ... more
0 votes 1 answer Share Flag
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