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Home Selling in 45044 : Real Estate Advice

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  • Local Info2
  • Home Buying5
  • Home Selling10
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Activity 10
Fri May 8, 2015
Keith Campbell asked:
Fri Apr 5, 2013
Edith Karoline Jasser answered:
You know this is a difficult situation, it is your home and it is furnished correct, would you rent it furnished or vacant, with a low mortgage outstanding and depending how long you intend to stay in Singapore,
you have to decide depending on those facts. Would you be back in a year, then may be you want to rent
and have a home once your return, if you think you will be in Singapore several years, may be selling
is better.
And then there is rent now decide later, however make sure you do connect with a good experienced
Realtor near your home, discuss your situation, have the Realtor look at your home, determine its
true current value for sale, and what you could potentially lease it for, but remember you may not find
a good renter right away, and if the renter signs a one year lease, after a year they may not want to
stay and move on and your home could be vacant for a while until you find another renter. It just all
depends on the home's location, and your actual plans and the financial side of both. Make sure to
sit together with a good Realtor and discuss all your options and then decide and use this Realtor to
proceed.... with your plans.
If you need a recommendation for a Realtor in Middletown OH, let me know I gladly send one your
way.
Sincerely yours,
Edith YourRealtor4Life & Chicago and Northern Illinois Expert

Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE 
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
@Properties ---- EdithSellsHomes@gmail.com
Check out my website at htttp://tinyurl.com/YourRealtor4Life
HAVE THE MOST WONDERFUL DAY :)
... more
0 votes 2 answers Share Flag
Sun Jan 27, 2013
Joseph Roraff answered:
For any legal advice you should consult an attorney, but if the house is not sold in a sheriff sale the bank or lending company usually hands it off to a realtor to get the home sold,
0 votes 5 answers Share Flag
Fri Apr 8, 2011
El answered:
If you are approved for a moderfacation can the bank put the balance of the trail perido money to the back of the loan making the property worth more than what it is worth
0 votes 5 answers Share Flag
Mon Aug 9, 2010
Kathy Koops GRI answered:
Also, have you spoken to a real estate attorney? There are other options such as foreclosure which may be better for you. Talk to somebody with legal credentials to advise you.

Good luck ... more
0 votes 5 answers Share Flag
Sun Sep 6, 2009
Susan Crank answered:
If you just want to get out from under it, a short sale is a great idea. Working with more than one bank certainly complicates things, but not impossible. I have negotiated on 2 mortgages several time for sellers to a successful closing ... more
0 votes 4 answers Share Flag
Thu Jul 30, 2009
Gary Gabbard answered:
Well I guess my question to you would be, are you planning on staying at the house? In most divorce settlements the person staying at the resident after a divorce will have one year to either sell the house or refinance it. That is if either one of you want to stay on at the residence. I would like to do the comps on the house to see what the current value is. You may be better to sell it out right with a small gain or loss without affecting your good credit. If the loss is too much to afford then you may consider a Deed in lieu or short sale. I would first try marketing the property. Even in a short sale the banks are going to want to see an effort or property history of the listing. I have done several short sales where the lenders will want at least a 30 to 60 day listing history before considering a short sale. Just remember that the short sale will effect your credit. ... more
0 votes 10 answers Share Flag
Wed Jul 29, 2009
James Gordon ABR SFR SRS answered:
Denise it will take a couple of years to my understanding to be able to get anything near normal credit after going bad on thousands of dollars that a lender had to write off. The rules are changing all the time so you never know. ... more
0 votes 1 answer Share Flag
Sat Jul 11, 2009
Mark Ryan-Mark Ryan Group answered:
Actually Adrienne is off on this one... You see your mortgage is a major part of your credit score... it effects your score both for the good and/or the bad depending on what you do. If you miss payments it hurts you more than missing a credit card. If you have the mortgage your score will be higher then without. A homeowner is less risky than a renter and that is the only way the credit companies know you are an owner is if you have a mortgage... I can not tell you how much it will impact as it will depend on how long you have had credit, how many other trade lines you have, etc...

With that said, paying off your mortgage is a great thing. Congratulations!
... more
0 votes 2 answers Share Flag
Thu May 7, 2009
Keith Sorem answered:
When the short sale is negotiated you should make sure that she is excluded and not harmed. Who is conducting this short sale?

You need a WRITTEN agreement as to how the parties are hit with the results.
Everything is negotiable.
... more
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