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Home Selling in 33157 : Real Estate Advice

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  • Local Info5
  • Home Buying9
  • Home Selling5
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Activity 5
Tue May 26, 2015
Anna M Brocco answered:
If you are a for sale by owner the post is not allowed; if and when you do list with a broker, ask your agent to post the listing, or consider any flat fee realty company that feeds into the site.... ... more
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Mon Mar 23, 2015
Ryan Desch answered:
If you are trying to post a For Sale By Owner listing, Trulia does not allow this. You can post a FSBO on Zillow.
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Wed Oct 16, 2013
audyshar answered:
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Good Luck to you all
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Mon Jul 1, 2013
Lila Lopez answered:
Good Morning Coli,

As has already been suggested here, an option that you may have is to rent the home and see where the market goes as it relates to pricing. This is clearly not going to be an easy decision for you to make as the choice you make will have different affects on your life. Renting is a great option when you properply screen a tenant, but with that choice you then have to ensure you are receiving the monthly rental in order to cover the mortgage, insurance and property taxes. Keep in mind that the property taxes would go up, as this would no longer be your homestead property, which you will want to factor in your rental amount. As an absentee landlord you will want to also ensure that you have someone local that would be able to take care of any repairs or items that need to be taken care of for the tenant.

If your decision is to sell it as a short sale, I do agree with Dan in that you will want to work with an agent that has had actual experience in closing short sales. Working on short sales does take additonal time that a conventional sale does not and does require an agent that know how to work with the bank on getting all documentation in to them in the way that is requested. Not all short sales are the same, seller circumstances are different, lenders are different, this is where experience is vital to guide you through the process.

Before making the decision to short sale your home, you will want to consult an attorney as well as a tax advisor to know what possible issues you may have to deal with. You want to know upfront what you may have to deal with. Depending on the difference between what you owe and the current value of your home, you will want to analyse how long it would take to then be on the upside of value in relation to the current mortgage balance.

Good luck with your search for information. Please feel free to contact me if you have any questions on this matter. I do work with accountants and real estate attorney's that can provide you with the information you will need to make your decision. I have been doing short sales for the past 4 years and have been sucessful in getting the transactions closed for my buyers and seller.

Lila Lopez
RE/MAX Advance Realty
305-772-2521
... more
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Tue Dec 22, 2009
Javier Olmedo answered:
Elizabeth,

Have you had anyone look at the property and pricing and compared to similar homes in the area? It doesn't make any sense that it hasn't sold? Have you gotten any offers? There might be a problem with the marketing? Do you even have it listed? Let me know if I can be of any service to you.

Javier Olmedo, ABR, GRI
Florida Realty of Miami
javier@olmedohomes.com
786-395-6986
... more
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