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33414 : Real Estate Advice

  • All40
  • Local Info6
  • Home Buying19
  • Home Selling1
  • Market Conditions2

Activity 31
Mon Jul 18, 2016
Craig Fialkowski answered:
Since we are in somewhat of a sellers market, owner financed opportunities are not easy to find and the ones that available are probably not what you are looking for. You also have to remember, the seller cannot have a mortgage on the property.

These are very complicated transactions and will require the services of a qualified attorney to draft the proper mortgage paperwork.

Reach out to me when you can, and I'll see what I can do to help.

Craig
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0 votes 1 answer Share Flag
Wed Apr 27, 2016
Melissa Dyksterhouse answered:
Hello Ray,
Hello,
To post your home for sale by owner on Trulia, click the link below and select “Submit listings for sale.”

http://www.trulia.com/submit_listings/

You will be redirected to our partner site, Zillow. Once you’re on Zillow’s posting page, please make sure to select “For Sale by Owner” under the address field. Once you activate your listing on Zillow, it will appear on Trulia within 24 hours.


Thank you for using Trulia!

Melissa
Consumer Care Manager
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0 votes 4 answers Share Flag
Fri Apr 15, 2016
Sally Grenier answered:
No idea. You should ask your REALTOR to ask the listing agent. Some communities are more strict than others.
0 votes 1 answer Share Flag
Sat Jun 13, 2015
Christopher Fritts answered:
In the top right corner, hover over your photo. Click on My Listings. Go to the Sold tab. Then you will see the Add Listings button. Pretty simple. Good Luck!
0 votes 1 answer Share Flag
Sun May 10, 2015
Bob Brubaker answered:
First go to www.va.gov/benefits to see the program outlined !
Eligibility will be first determined by your husband obtaining a Certificate of Eligibility !
CE in hand you then approach a lender who specializes in V.A. Loans to be
"pre-approved". Underwriting criteria for V.A loans definately require "credit worthyness "
but are not " credit score driven ". The program is specifically designed to "assist veterens "
in their efforts to acheive "home ownership" !
Go to the "source" then follow-up! Use an Agent experienced with the V.A. program too!

BOB BRUBAKER HIGHLIGHT REALTY PALM BEACH COUNTY FL. 51-876-6649
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1 vote 3 answers Share Flag
Thu Oct 30, 2014
Alex answered:
If you are still looking for assistance, I highly recommend contacting Suzanne at (561) 478-4780. They are great people at her office and she will be able to help with any questions that you may have! Very knowledgeable.

Best of luck!
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0 votes 4 answers Share Flag
Fri Aug 15, 2014
Gary Hitchcock answered:
No, you have described a fee paid to a title company or attorney for negotiating a short sale with the lender and this should be paid on the HUD.
0 votes 3 answers Share Flag
Fri Aug 1, 2014
Gary Hitchcock answered:
0 votes 2 answers Share Flag
Fri Apr 11, 2014
Randy Tanner & Lindsey Racher answered:
I think Shoma is a great community and the condition of the units are great for the price. Also Shoma is very centrally located.
0 votes 1 answer Share Flag
Thu Jan 30, 2014
Joann Rawn answered:
It sounds like your looking for a rental? There are many single family homes that have fenced in yard for pets.. Also depends on the landlord. If you haven't found anything, let me know and I can do a search. Lots of people have big dogs cause they're great! ... more
0 votes 5 answers Share Flag
Mon Aug 26, 2013
Karl Schulz answered:
Not really enough info to give you good answer. How much rent are you collecting now? What area of Wellington? What condition is the property? If it’s off season and no longer than 2-4 months of month to month. I'd say $100-$200 more. To much and the tenants may move real fast. I'd do some research on current rents to see if you are currently priced competitive or not. Research if minor improvements will allow you to collect more. I have always been a fan of competitive pricing, to high and tenants leave after the first year, leaving your with one to two more months of a vacant unit.

Please feel free to contact me if you need and additional information or want to list your property.

Karl R Schulz
Friday Realty
www.FridayRe.com
561-379-7881

Buying | Selling | Renting Real Estate in Wellington | Royal Palm Beach | West Palm Beach
Friday Realty LLC www.FridayRe.com
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0 votes 3 answers Share Flag
Sun Jul 28, 2013
RavenHawke answered:
The legalities of this scenario is a very common one. Someone goes into a agreement with someone else and rent a place then the other person defaulted and leaves the one person holding the lease and the monies due monthly. If BOTH of your names are on the lease you are responsible for the stated amount as well as the other individual is on the lease with you. So you have the right and ability as well as the leaser company to pursue legal and eviction process as well as monies that are due. The leaser company does not care who pays as long as the monthly lease is paid timely and promptly. "IF" the lease is broken then you and the other leasee can be responsible for the "TOTAL" yearly amount of stated property rental amount signed and agreed to pay. SOME leaser companies will be somewhat understanding and work with you on the rental amount and pay schedule. But the bottom line is YOU and the other stated person on the signed lease are responsible for the monthly/yearly amount of this unit. They (leaser company) could possibly work a rental agreement out with you ~ BUT, they need to have to remove the other leasee on the contract and go forward with eviction and/or fines and culpability of the other leasee. They can work with you on the total bottom line due and get you out of the contract and move you into something more feasible , or allow you to get a new roommate, and/or re-write the contract in your name only if you want to stay there. This response is a snippet of the many possibilities that can or could happen. I STRONGLY urge you get legal counsel and look into all avenues before signing or agreeing to anything. You do not want to get bad rental history or credit history that ruins your chances of owning a home in the future or getting a loan per se (which will happen if this isn't resolved promptly) Best of luck to you. ... more
0 votes 2 answers Share Flag
Thu Jan 31, 2013
Ronen & Linda Tish answered:
Marie,
There are many differences and sometime non depending on the area or community that the property is located in. Best bet is to ask your Real Estate Agent when searching and or seeing a home. If you need further assistance please contact me.
Thanks
Ronen@TishRealtyGroup.com
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0 votes 2 answers Share Flag
Thu Jan 31, 2013
Ronen & Linda Tish answered:
Depending on the size and type of pool would typically determine the reflected asking or offer price. $10,000 would be a good starting point but can go up. If you would like, send me the property address and I can send you a brokers price opinion on what the home would sell for today.
Thanks
Ronen
Ronen@TishRealtyGroup.com
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0 votes 4 answers Share Flag
Tue Dec 11, 2012
Thesungiveslife answered:
the whole thing is a farud, since the banks are not even putting up a legal form of consideration. There is NOTHING on their part that constitutes something of real value or sufficient for a "fair" transaction to occur between itself and the customer. The banks prints money out of thin air, all the time, hence it is an illegitimate form of consideration, while people have to put their REAL money down, money they worked for.

What gives the banks the right to create money out of thin air? and to hold people liable for paying that money back, when it did not legally produce it to begin with!

Fact: Banks have the ability to loan out 9 times that of any deposit that is made in their money supply. This is fraudulent and an outright theft of the people and really a form of modern slavery, since the public and government can never break free from debt, they will never be able to solve the most fundamental issues of their lives and society.

Why is it unsustainable? INTEREST! Thats right, interest is the most mind boggling thing ever, since Bnka A gives you $10 and expects you to pay them $14 in return. But wait a minute, when banks are the ONLY ones who have the power of giving loans with interest, and there is always going to be less money in circulation than what is owed in general.....where does the money come from to cover the outstanding debts owed by everyone to everyone? IT DOESNT, so thats why people have to be thrown into an inhumane system of exploitation and abuse to steal money from one another to pay their debts. And the ones who lose their job, or anything of devastating effect...will lose their homes, and thats why there will always be poor pockets of people ins society, due to the structural disparity and inequality BUILT INTO this system.
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0 votes 6 answers Share Flag
Wed Nov 28, 2012
Ashley Ouellette PA answered:
Kevin,
It isn't too late to rent seasonal. I professionally handle Wellington seasonal rentals for WEC and for Palm Beach Polo seasons. The pool is not a feature that will really add to the $ of the rental. The main $ is LOCATION. You mentioned 10 minutes, driving? The prices shown in our MLS are not really good to give comparisons on our seasonal rentals. The monthly fee comes down with the longer rental 6 months vs. 2 months.
Anything, less than 6 months and a day and you will be responsible for collecting the bed tax. It is customary for the tenant to pay.
I am available for more information, just text or call me at 561-502-6837. Ashley
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0 votes 8 answers Share Flag
Wed Dec 14, 2011
Alma Kee answered:
You mentioned this is a Short Sale... you may want to tell them you will not agree to pay $100 per day for a late closing. It should be negotiable...

Good luck!

All the best,
Alma Kee
www.SoldOnTampa.com
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0 votes 10 answers Share Flag
Thu Aug 4, 2011
Shane Milne answered:
Are you talking about BUYING or REFINANCING?

If you are BUYING I think you have gotten some excellent advice (thumbs up for all of those).

If you are talking about REFINANCING and taking cash out - you can now do so within 6 months if the situation meets the below requirements:

1. The new loan amount must not be more than the borrower's initial investment
2. Purchase transaction must have been an arms length transaction
3. The purchase transaction has to be documented by a certified HUD-1 showing no mortgage financing was used to purchase the home
4. The source of the funds for the purchase need to be documented

My blog post called "Cash Out Within 6 Months of Purchase" in the web reference has the full details.

Shane Milne | Loan Officer in Orange County, CA | NMLS #81195
Direct local #'s: 949-273-4161 or 646-257-4842
Lending in all 50 states, all types of mortgages
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0 votes 7 answers Share Flag
Sun Jul 31, 2011
Antonio Vega-Pacheco answered:
I know you have read it before....contact the Title company ASAP.
It could also be an error at the County level, assuming the docs you got at closing from title were correct.
0 votes 9 answers Share Flag
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