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23113 : Real Estate Advice

  • All15
  • Local Info0
  • Home Buying4
  • Home Selling6
  • Market Conditions5

Activity 15
Mon May 25, 2015
Randy Stoker answered:
All listings on Trulia are generated by the listing Real estate agent; Trulia scans the MLS data base and posts that information to their web site. If you have your home listed through a licensed Realtor then your listing and corrections or changes should appear on Trulia within 72 hours after going live in the MLS system ... more
0 votes 1 answer Share Flag
Mon Apr 20, 2015
toddfabrams asked:
I am about to list to sell my home. How many i make it accurate for perspective buyers / guests? thanks, Todd Abrams cell 917 692 2096, email todd.abrams@macys.com
0 votes 0 Answers Share Flag
Wed Apr 1, 2015
premiercreditconsultants13 answered:
I can help you call me at 804
901 3151 . I have no document loans with 10th percent down as well as a host of 30 year fixed rate federally backed loans all from credit scores starting at 560. Lifetime mortgage, 11900 hull street road , midlothian VA. 23112. We have been there for almost 20 years , A plus from bbb. Please call me on Wednesday my name is Tim Scott I am currently out of town opening a new office in Va. Beach. I hope you will give me call I would love to earn your business I promise I WILL get you financing. Have a great weekend, respectfully Tim ... more
0 votes 9 answers Share Flag
Thu Oct 24, 2013
lendersnetwork answered:
12 months after a BK you're now eligible for a new HUD program for an FHA loan, as long as you have reestablished positive payment history.

The U.S. Department of Housing and Urban Development (HUD) recently announced the “Back to Work – Extenuating Circumstances” program, aimed to help people who have lost their home through foreclosure, short sale or bankruptcy. HUD has reduced the previously required minimum of 36 months to 12 months before they may be able to finance another home, given that they meet HUD’s minimum eligibility requirements. ... more
1 vote 9 answers Share Flag
Sat Mar 16, 2013
Wayne Hare answered:
When you say "special conditions" I'm assuming you mean better terms for the mortgage program. We have seen programs called "Good Neighbors Next Door" from several lenders that help people who's job is a service to the community.

Visit our first time home buyers site at MyFirstRichmondHome.com for more information and check out our down payment assistance programs. All it takes is a phone call to our lender to see if we can help.
... more
0 votes 2 answers Share Flag
Fri May 18, 2012
LindaAndGlen answered:
Thanks to everyone, I really appreciate it!
Linda
0 votes 5 answers Share Flag
Tue May 15, 2012
Bridget Hodgson answered:
Looking at the last 6 months - in you neighborhood, around the $700 price range, there have been 3 sales. The days on market were 6, 124 & 59. So...I'd have to agree with all of the previous comments. Trying to determine how long it will take is really not possible. We/you can't control when someone will want to buy your house. All you can do is make a good plan - get it market ready, and price it well.
Best of luck to you.
Bridget Hodgson
L & F
... more
0 votes 8 answers Share Flag
Sat May 5, 2012
Scott Morgan answered:
Greetings, My name is Scott Morgan and I am a USAA preferred Realtor with Napier ERA and would love to assist you with the process. Please visit my website www.cvrealtor.com and view my testimonials. I have contacts in the area who can assist you with the Pre-qualification process, in the mean time we can narrow a search in your area of interest. My email address is sdmorgan42@gmail.com. Thanks, Scott Morgan ... more
0 votes 7 answers Share Flag
Tue Jul 20, 2010
Linda Lorenzo answered:
Dp2 gave you an excellent answer as to reasons why it is good to offer seller financing. Just be sure you get legal advice on how to properly draw up the contract. Laws change all the time and you need to hire a professional to assist you. ... more
0 votes 7 answers Share Flag
Mon Dec 14, 2009
Romilda P Smith answered:
Hi Leslie, to further enlighten you, and show how quickly the market changes, I am doing a BPO for area 23113, specifically Founders Bridge. The current average DOM in 23113 is now 168 for listing and 117 for solds. It's even longer for Founders Bridge! That's why you, and your agent, are doing good by staying on top of the changes int he market.

Romilda P. Smith, Realtor
Keller Williams Realty
... more
0 votes 4 answers Share Flag
Sat Dec 5, 2009
Vickie & Steve Simpson answered:
Priscilla,
As indicated by the previous answer, the home rental market in the Chester area has been, and most likely will continue to be, somewhat bolstered by the increased troop levels and civilian contractor numbers at Ft. Lee. However, because of it being such a strong buyers' market, a significantly increased inventory of rental homes has been prompted by some sellers deciding to rent their homes rather than sell them. This has caused monthly rental prices to decline slightly in the Chester area ... But not as noticably / significantly as in some other areas. Of course, with a more competitive rental market, landlords are doing more to entice would-be tenants ... installing new carpet, new paint, etc., as well as offering various types of monetary incentives. If we can be of help, please don't hesitate to contact us.
"The Simpson Team"
Steve and Vickie Simpson
Long and Foster Realtors
5000 W. Village Green Drive
Midlothian, Virginia 23112
Emails: Steve.Simpson@LNF.com
Vickie.Simpson@LNF.com
Steve's Cell: (804) 921-2073
Vickie's Cell: (804) 615-4757
www.SimpsonTeam.LNFRE.com
... more
0 votes 2 answers Share Flag
Mon May 11, 2009
blaison samuel answered:
Julianna,

First you have to do is contact a good mortgage broker who you can trust for refinancing. If refinancing doesn't work for you then try to loan modification if you still have job and income to support the payment. If none of the above work then you have to sell your house as soon as possible to get that profit amount (you have mentioned that you have equity) before the property value goes further down.

To check whether you have still equity, contact a local realtor who can generate a market analysis for your house to get the estimated value, if you house value is more than you owe then you have equity otherwise it will be a short sale if you are planning to sell.

Blaison Samuel
Certified Short Sale Specialist
... more
0 votes 2 answers Share Flag
Tue Oct 28, 2008
AtCoastal Realty answered:
I agree with Scott. Where in Richmond is your property located?
0 votes 2 answers Share Flag
Sun May 25, 2008
The Hagley Group answered:
I work with a network of luxury market Realtors specializing in corporate/high end executive relocations. More than happy to help you. If interested, I can be contacted through my site below. ... more
0 votes 3 answers Share Flag
Thu Mar 27, 2008
Tman answered:
Good morning Ernie,

Frank makes some great points here.

I've been to probably 75 auctions in the last 20 years .. some were home auctions, some were the Manheim auctions where you'll see 8,000 vehicles and boats pass your eyes in 4 hours, other's were land sales, etc ..

So in themselves, they are a very special animal .. and it really takes a funny breed to understand them and make them work - and leave your emotions at the door.

Sometimes timing can be everything or nothing .. and sometimes price can fall by the wayside, you can have the two sharpest realtors or investors in the world paying 25% over market value or you can see bids that fall 50% short ...

You just never know, but you have to be very prepared .. this is an area where folks need to be really skilled, much research done and very accurate information - if not, I've seen some folks pay dearly ...

Look at the Barrett-Jackson auctions, you have folks there paying over 10/20/30%+ over retail market, they're consumed with whats going on around them .. so thats wonderful for the sellers, but not so good for the buyers when they wake up ..l.o.l...

The whole point with auctions - never ever lose focus ... if you're a buyer, you have a top figure and *never* go over it .... of course, if you're the seller, you're hoping they will.. .. ; ^)
... more
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