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48059 : Real Estate Advice

  • All5
  • Local Info0
  • Home Buying3
  • Home Selling2
  • Market Conditions0

Activity 5
Fri Jul 7, 2017
Sophia Anderson asked:
I NEED A BIG HOME WITH AT LEAST 5 BEDROOMS VERY SPACIOUS AND A GARAGE
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Thu Jul 14, 2016
MCM_STL answered:
No. Statistically, you'll usually end up getting less than if you'd just asked market (or slightly below) to begin with. Your approach nearly always means you're going to sit on the market longer than a properly priced property which tends to give the impression there's something wrong with your home. It's harder to get offers this way and when you finally do, it tends to be someone who will low-ball you hoping that after you've sat on the market for weeks/months you'll take what you can get out of desperation.

A below market price can also be a smart move in a competitive market because you can easily start a bidding war.
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Thu Jul 14, 2016
Rene Keith asked:
Thu Apr 4, 2013
A. Edwards answered:
I am in Michigan and would be happy to help you. You'll probably find someone that will work with a 604 credit score. You need to be aware of higher interest rates and higher costs when you a credit score that low. 620 credit score is the standard low end, with 640 being optimal (standard rates and costs). Also, where did you obtain your credit score. A score a consumer can obtain on their own often varies drastically from a score a business or corporation obtains. I head up my companies credit coaching initiative and would be happy to help you. Often there are simple tweaks that can be done to credit that increase scores in 5-7 days; I've gotten scores up more than 100 points in 5-7 days. Contact me directly if I can be of assistance. ... more
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Fri Oct 22, 2010
Michael Warren answered:
Hi Joy

I think Homesales Inc is affilated with Chase (there REO division). Contact an agent in your area, they will be able to let you know when it hits the market. Also, sometimes the future listing agent will place a sign or notice on the door or window and your agent can contact them about the status of the house. It is best to work with a buyers agent who will look out for your interest and not the listing agent whose interest is the bank and getting future business from them.

Sincerely,

Mike Warren, CDPE, SFR
Keller Williams Realty
734-634-5868
www.MikeWrealestate.com
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