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33021 : Real Estate Advice

  • All26
  • Local Info0
  • Home Buying16
  • Home Selling0
  • Market Conditions1

Activity 19
Tue Nov 22, 2016
Alysse Musgrave answered:
I wrote a best seller on the topic...you can read it free on Amazon prime. Follow the link below.


Buying a Home? Don't Let Them Make a Monkey Out of You! Follow the link below.


Alysse Musgrave
Consumer Advocate/
Exclusive Buyer Broker
http://HelpUBuyAmerica.com

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You!
... more
0 votes 9 answers Share Flag
Mon Nov 21, 2016
answered:
The key is finding a home livable habitable move in ready.FLORIDA FHA MORTGAGE LOANS HAVE MINIMAL DOWNPAYMENT AND CLOSING FEES:

Down payment only 3.5% of the purchase price.
Gifts from family or Grants for down payment assistance and closing costs OK!
Seller can credit buyers up to 6% of sales price towards buyers costs.
No reserves or future payments in account required.
FHA regulated closing costs.

US Mortgage Lenders - Thomas Martin
Min FICO 580 FHA/VA Loan Approvals 7 days a week
PH: 954-667-9110
http://www.florida-mortgage-lenders.com/
... more
0 votes 13 answers Share Flag
Thu Aug 4, 2016
Huanchikay asked:
What are the pros and cons at a non profit management association? There are four empty floors in the building for 2 years now. I think these can only be rented to a non profit organization,…
0 votes 0 Answers Share Flag
Sat Apr 9, 2016
Tinaig2204 asked:
Thu Apr 7, 2016
Tinaig2204 asked:
No expensive
0 votes 0 Answers Share Flag
Fri Jan 10, 2014
Hermann Wiehls answered:
That is no longer available but I can help you find similar properties. Contact me directly for further details.

Thank you.

Hermann Wiehls
Realtor Associate
Carrington Real Estate Services
(Formerly Atlantic & Pacific Real Estate)
Direct: 954-300-2BUY (954-300-2289)
2950 W Cypress Creek Rd. Suite 100
Fort Lauderdale, FL 33309
www.SouthFloridaRealEstateAdvisor.com
... more
0 votes 1 answer Share Flag
Mon Nov 25, 2013
Brenda Warner answered:
We are buying a condo in Florida and receive a buyer's estimated cost from our realtor. She told us that there would be a closing cost fee of $150.00 & HOA fee of $150.00. There is a $195.00 regulatory & complaince fee on this paper. Are we responsible for this fee? Also, I thought that it was the seller's responsibloty to pay for closing cost. We did not agree to pay any closing cost.
Please let me know right away since we are to close on Monday, Dec. 2nd.
Thank You
... more
0 votes 3 answers Share Flag
Thu Sep 26, 2013
Gary Hitchcock answered:
At the top of Trulia there is a Find An Agent feature, you can search for an agent that specializes in the cities that you are interested in and they can lead you to their lenders.
0 votes 2 answers Share Flag
Mon Sep 9, 2013
Mari C Rodriguez answered:
Besides the information I gave you in my previous e mail her's are the time periods:

It normally takes 30 to 40 days to close a financed transaction, once you have an accepted offer/contract. Some banks can close in 25 days.

You can get a prequalification from a bank in a day or two if you have all of the required documents ready. Need to speak to a lender and get their requirements.

Finding the right property will be the question. Hopefully in one to two weeks you would have seen enough properties to find at least one or two that are to your liking. After that you place offer. The time response to an offer will depend if property chosen is a regular sale or a foreclosure or short sale. Regular sales are much quicker, taking just a few days to accept and be under contract. Foreclosures can take a week or more to respond, and short sales may get you a quick response but unless the property was already approved by the bank, the process to negotiate a short sale is normally 90 days.

Any further questions pls e mail me at maricarmenrealtor@gmail.com or via phone 786-853-3347.

Regards,
... more
0 votes 9 answers Share Flag
Sun Aug 4, 2013
Kathryn Kramer answered:
Since this is a legal question, I would suggest that you contact a real estate attorney for assistance.

Thank you.

Kathryn Kramer
Realtor
Phone: 9t54-298-8544
0 votes 6 answers Share Flag
Wed Sep 26, 2012
Meir Aloni answered:
You may want contact your target city' permits dept OR contact a pool contractor to assist you....

Meir Aloni & Team
CRS (Certified Residential Specialist)
CDPE (Certified Distressed Property Expert)
RECS (Real Estate Cyberspace Society)

Successfully selling Broward County since 1986!

Direct phone# 954-338-5220
... more
0 votes 3 answers Share Flag
Tue Sep 25, 2012
Meir Aloni answered:
Buying in any HOA you will need to play by their rules; HOA (Home Owner Association) have the right (and they exercise it) to screen all buyers and tenants (IF they allow renting...)



Meir Aloni & Team
CRS (Certified Residential Specialist)
CDPE (Certified Distressed Property Expert)
RECS (Real Estate Cyberspace Society)

Successfully selling Broward County since 1986!

Direct phone# 954-338-5220
... more
0 votes 4 answers Share Flag
Fri Aug 24, 2012
Fabian Nancy answered:
Sharon you should be able to file this year. Take your HUD settlement statement when you file your taxes and they can tell you how much you can claim. Usually it is points and taxes. Next year you will be able to claim any interest you paid and taxes paid. The lender will send you a 1098 which shows the amount you can claim. Don't forget to file at the tax office for the 4% for taxes. That is very important. Take the HUD Settlement statement with you to provide proof of your ownership. I hope that helped answer your question, ... more
0 votes 9 answers Share Flag
Fri Aug 24, 2012
Diana Bakker Fahmie answered:
Try Craig's List - or go around to distressed-looking properties and leave a flyer or business card. Or attend local Realtor events/conventions for networking opportunities. . .

Good Luck!

Diana Tonova
Realtor Associate
Express Florida Realty, Inc.
http://www.expressfloridarealty.com
http://www.southfloridacoastalhomes.com
... more
0 votes 2 answers Share Flag
Fri Aug 24, 2012
Ian Wolinsky answered:
Agreed with all, I work with an amazing RE attorney in Hollywood and can get you a referral; contact me and I will put you in touch as he has all the answers...

Ian Wolinsky
The Gourmet Realtor
786-587-0665
iiwrealty@gmail.com
www.ianwolinsky.keyes.com
... more
0 votes 3 answers Share Flag
Wed Jun 13, 2012
Antonio Vega-Pacheco answered:
Everyday people grow by learning from their mistakes. "Due diligence" is a term used for a number of concepts involving either an investigation of a business or person prior to signing a contract on property". A title search should have discovered the lien easily, at a minimal cost.

There is a rule for banks where they can negotiate the past HOA fees to pay for the last 12 months only. Perhaps it only applies if the bank was the holder of the original mortgage, but i don't know the specific details. Contact a "Real Estate Attorney" and enquire if that rule can apply to your case. You can find a RE Attorney by contacting your local assocition and asking for a list of affiliate attorneys.

Was this answer helpful? If so, please click on the "thumbs up" below.

Tony Vega
Charles Rutenberg Realty
... more
1 vote 5 answers Share Flag
Tue Feb 7, 2012
Keith & Kinsey Schulz answered:
One thing to be cautious of as you search for townhomes or condos, communities with units for sale and rent have some difficulty with resale values. This is because lenders don't like to lend on condos where more than 20% of the units are rented. So values will hold stronger in communities that require owner occupancy. ... more
0 votes 3 answers Share Flag
Wed Jul 20, 2011
miamidavid20 answered:
Short sales are tricky and you need to definitely need to work with an agent that is familiar with short sales. In addition you should be very aware that the length of time it takes to close can be several months or more. Also, until it closes you are not guaranteed buying anything. There are approved short sales and unapproved short sales. Approved means the bank agreed to a price to sell, unapproved means no agreed price and the asking price for the property is basically a guess from the real estate agent. Approved short sales are dramatically easier and take dramatically less time and headache to close. I have done many of these, I have a team in place to work with the bank representative handling the short sales, attorneys that over look everything. Whether it be through me or another agent you definitely need to clarify the agents experience... ... more
0 votes 11 answers Share Flag
Thu Jul 8, 2010
Jeff Holloway answered:
I have worked with Bank of America on short sales representing the buyer and representing the seller in different transactions. Bank of America is by FAR the WORST bank to work with!!!
0 votes 2 answers Share Flag
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