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78260 : Real Estate Advice

  • All23
  • Local Info4
  • Home Buying8
  • Home Selling3
  • Market Conditions0

Activity 19
Mon Aug 14, 2017
Scott Godzyk answered:
Two things come to mind, it is over priced based on no offers with 40 days of showings. For them to stop you have run out of buyers as we see a market shift. Most buyers who jumped into the market in spring are all closing on their new homes. The amount of new buyers is slowing. Check your asking price and adjust if needed to bring in new buyers ... more
0 votes 1 answer Share Flag
Wed Oct 5, 2016
Give it a few more days, had the same problem when listing my home, but make sure it only the company website
0 votes 1 answer Share Flag
Tue Sep 27, 2016
Susie Kay answered:
You'd want to call your agent and make sure the cancellation is in writing. There's a form called Termination of Buyers Representation Agreement that your agent/broker can use.
0 votes 1 answer Share Flag
Fri Jun 3, 2016
Kianaljackson answered:
Hello there Evangeline,

Real Estate can be an expensive field to enter into. Depending on where you are, real estate classes, registration and test fees, business cards, and brokerage fees you can expect to spend anywhere from $1000 - $2000 getting started.

The great news is that all brokerages are different! For example, in my area, we have a high military concentration and so many brokerages offer to reimburse Veterans for the cost of their classes as an incentive. Nothing is set in stone and the best thing to do would be to start interviewing with brokers in your city. Even before you start your classes, brokers will be willing to meet with you to answer all of your questions! For my office, there are no monthly fees of any kind. You'll also be able to set your own hours regardless of the fees that you pay. As a real estate agent in Texas, you are considered an independent contractor and set business hours are for employees.

Regarding the auto policy, this policy is mainly there if you were to eve have a client riding in your car with your during an accident. Regardless of what happened, because you are an independent contractor working for your broker, your brokerage could be help liable. But again, every office is different!
... more
0 votes 3 answers Share Flag
Sat Apr 30, 2016
June Buerkle answered:
Buyer beware!

Also know what you are signing and negotiate your terms .... don't just take the standard form.

Agents will require you sign a contract ... and 7 months isn�39;t out of the ordinary, I saw one nut that tried to convince me that it should be a 24 month period.

A lawyer is worth a shot, but will probably tell you that you signed it and it is customary and reasonable.

How long until your 7 months is up?

Next time makevsure to amend the clause so that if you find something to buy inbuilt own, you maybe may not out to use thatvagent as your buyer's agent.
... more
0 votes 2 answers Share Flag
Fri Apr 29, 2016
Mapfister98 answered:
My realtor never explained to me that we needed to sign a contract. After she failed to close on two homes with aggressive offers, we decided to step out the market and informed her about our decision to take a break from the market. We found an unlisted house under construction. The next day, our realtor contacted us demanding that we owed her a commission on the house we found even though we have no contract on the home. The female agent was extremely upset and in a moment of weakness she mentioned the word contract. At that point in time, I realized that we may have signed something without discussing any contract before looking at homes with us. After carefully reviewing twenty plus E-sign documents, we discovered that she slipped in a seven month (2 page) document where we are obligated to pay a 3% commission on any lease, sale purchase including all properties listed, unlisted, sale by owner, in the Houston or surrounding Houston area. Can some one tell me what my legal rights are? Am I legally bound to this contract?, me and my family feel that we can no longer compete in the Houston real state market because of a contract that was deliberately and deceitfully hidden in a E-signed document buried within a 36 page contract. Not once did our agent discuss with us that we were agreeing to used her and her firm exclusively for seven months nor did we agree to pay her any percentage commission fees. Please somebody help me what to do in this case??? ... more
0 votes 15 answers Share Flag
Thu Mar 31, 2016
Mr. Data, Starfleet Command answered:
More accurately, 'Pending' means home has a signed contract but has not yet closed. Waiting on inspection,negotiating issues brought up by inspector, title insurance, and in (rare) cases, buyer waiting for mortgage approval. So home is likely to sell to another buyer, but contingencies may exist. If you're interested, you can discuss with selling agent and perhaps get in line to make offer in case first buyer falls through. Can't get house simply by outbidding existing buyer. The purchase agreement must fall through for a legal reason stated on contract (or buyer surrenders earnest/deposit money). ... more
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Wed Dec 2, 2015
Raymond Whitby answered:
That's completely dependent on the rents and how much you are going to spend. Advice from a CPA or very qualified agent/broker that specializes in investment properties can easily show you numbers that would make sense both ways... That's one of the great things about Real Estate, it's versatile, and you can make 500.00 bucks a month a lot of different ways. Risks are minimized with accurate property and rent history to look at and compare. Professionals will help get you where you want to go. ... more
0 votes 10 answers Share Flag
Thu Mar 26, 2015
Diana Hellman answered:
If you are thinking about purchasing, then now is the time to look. If you are planning on renting, then it's a little early to start viewing. The best recommendation, in my opinion, is to choose the area you are interested in and google an established real estate agency in that area, contact a realtor and begin a dialogue. You should get answers from there. ... more
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Wed Dec 10, 2014
Travis Reed answered:
If the buyer has not signed a representation agreement they can choose not to work with that agent without the recourse of having to owe a commission fee to that agent. As a real estate broker/agent I rarely make my buyers sign a representation agreement as I want to prove to them that I will work hard to represent them and guild them in the purchase of their home. As an agent I would make sure that you let that agent know that you are not wanting to work with them anymore and explain to them why as a common business courtesy. ... more
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Wed Jan 8, 2014
Florencio Villalpando answered:
Should you not qualify through traditional financing, we can help you with creative financing. This is our specialty and you would only need 10-15% down. Let me know if you need anything else or have further questions.
Thank you,

Florencio Villalpando
Keller Williams Heritage
... more
0 votes 19 answers Share Flag
Mon Jan 6, 2014
Vino Alonzo answered:
VA still allows you to use your VA eligibility to purchase a newly constructed home.

A construction loan is an entirely different animal.

I would be happy to help you with this. We have some of the lowest rates and fastest turn times for closing.

I look forward to hearing from you.

Feel free to research my recommendations on this site.

Vino Alonzo, Loan Officer
NMLS# 184279
First Cal Mortgage
... more
0 votes 23 answers Share Flag
Sat Nov 30, 2013
rudygtrz answered:
If your house is in an excellent location and like new condition, it should sell in the first or second week it is on the market because the people that are looking to buy usually look for 90 days before they make a selection. However, if their "dream" home comes on the market right after they start looking they will buy sooner than 90 days. What is your marketing plan? Do you offer creative financing? Is your property advertised on line? ... more
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Sat Aug 17, 2013
John Craig answered:
Most will not eliminate them if there is more than 2 solid comparable properties that are distressed.
0 votes 14 answers Share Flag
Tue Jun 26, 2012
Jason Campbell answered:
It is a combo of both. Appraisal requirements have really tightened up now a days... "Drive-By" appraisals are pretty rare now unless it is a field review...

They pull comparable sales in the area, and they will come out and go inside and outside of the home.. They measure, they take photos, etc.

... more
0 votes 5 answers Share Flag
Mon Aug 29, 2011
Barbara A Ayala answered:
The Builder for this particular home was Cypress Homes...please give me a call if you have any other questions would love to hear from you...

Barbara A Ayala,ABR
Keller Williams Realty
210.696.9996 x 320
... more
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Mon Jun 13, 2011
Jason Campbell answered:
See the answer I put in your other question - Jason
0 votes 2 answers Share Flag
Mon Jun 13, 2011
Jason Campbell answered:
Boy are you in the right town for a VA Loan ;)

Tons of great lenders. PrimeLending, Legacy, WR Starkey, DHI Mortgage... where do we start!

Here's two great referrals for you:

Kasey Hampton - 210-241-2629
Erika Naegelin - 210-483-4920

Jason C Campbell
Keller Williams Realty
... more
0 votes 8 answers Share Flag
Mon Jan 11, 2010
Thegreatorlandoguerra answered:
I am naturally discombobulated by the actionous of the unscruplessness builder represented in this here forum. This is prosposterus! I mean down write argumentively felonieous! You should contact my friend Jackie Chiles, THE ATTORNEY. He has helped my friend Kramer many 'O times. This bamboozleness shall not go uninteruptedly uninvestigatively unspokenly unpunished! ... more
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