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Home Buying in 75007 : Real Estate Advice

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  • Local Info5
  • Home Buying10
  • Home Selling3
  • Market Conditions1

Activity 9
Tue Jul 16, 2013
Kenneth "Kenny" Bebensee answered:
It depends what is negotiated between the buyer and seller. Nothing is standard in real estate.
0 votes 7 answers Share Flag
Thu Jul 11, 2013
Kenneth "Kenny" Bebensee answered:
Hi Johnny, This is a lender question and they shoudl be able to answer it with no problem.
0 votes 10 answers Share Flag
Mon Apr 22, 2013
Kenneth "Kenny" Bebensee answered:
Bank of American is horrible. Good luck with them. Just follow your Realtors advice and quidence.
0 votes 13 answers Share Flag
Mon Apr 22, 2013
Kenneth "Kenny" Bebensee answered:
Duncan, contact any lender of your choice and get pre - qualified for usually free. Then you will get hard, real answers.
0 votes 9 answers Share Flag
Mon Apr 22, 2013
Kenneth "Kenny" Bebensee answered:
It doesn't matter what your inspection report says about the home. That is your's only and you should of not shared it with them. This doesn't make any sense. Talk with your Realtor and follow his or her advice. If they can't help, just call another insurance company. ... more
0 votes 8 answers Share Flag
Fri Feb 1, 2013
Abu Musa answered:
You may talk to a mortgage banker, there are different perameters for that You may find your situation.
0 votes 4 answers Share Flag
Fri Aug 27, 2010
T.E. & Naima Sumner answered:
A contingent contract is one that is fully executed and binding but is contingent on an event happening. If the event does not happen, then the contract may be terminated by one of the parties as described in the contract.

Typical events that create a contingency are
1. sale of another house (owned by the buyer usually) - if the buyer's home doesn't sell, contract may be terminated.
2. approval by the seller's bank - in a short sale the seller's mortgage company may approve a different amount and the buyer can terminate the contract.
In these cases typically the buyer receives his earnest money back but may have paid for inspection, appraisal, survey or other charges and does not get that money back unless so provided in the contract.

The contingency may also be the type that the seller can force removal of. If, for example, the buyer's home does not sell and the buyer has a contingency for that, the seller may accept other offers without a contingency of the second buyer's house selling. If so, the first buyer with contingency can be notified that his contract will be kicked out unless he removes the contingency. Rather than call this a contingency contract, we call this a kick-out contract. Other buyers may propose contracts that effectively force the KO contract to be modified or terminated.

Other types of contingencies are possible.
... more
0 votes 6 answers Share Flag
Wed Mar 31, 2010
Michael Russell answered:
Robert, sounds like you have plenty experience keeping up a pool shouldn't be an issue. Welcome to Carrollton, great place to live. There are currently 17 three bedroom properties with pools in Carrollton, 75007 ranging from $125k-$199k. ... more
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Mon Jan 28, 2008
Home Ferret answered:
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