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85202 : Real Estate Advice

  • All15
  • Local Info1
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 10
Sun Dec 25, 2016
Kathy Burgreen answered:
Unfortunately realtors / agents who reply to questions will never tell you the truth. I'm a former realtor and yes agents do lie to buyers. You need to understand that realtors rely on their MLS systems to search for homes - not real estate websites like Zillow and Trulia. Zillow and Trulia allow owners to list homes for sale or rent by owner (no agents involved). Also there are plenty of listings for sale or rent posted by professionals that will not appear in the local MLS. Because all these listings are not in the MLS system, agents are not aware these homes are for sale or rent. However, these agents pay websites like Zillow and Trulia monthly fees to advertise themselves so they can get people like you to call them.

Briefly when you call about a home for sale or rent, that agent will quickly check the MLS to see the listing. However, even if you saw it on Zillow or Trulia, if that listing is not in the MLS, that agent will lie to you and tell you "it's not available", "it was sold or rented", "there is a contract on that home" and plenty of other excuses. The reason is simple: the agent you called is too lazy to look it up online to see the listing. Agents only want to deal with listings in the MLS system. I know this is totally unfair and leaves buyers like you wondering why there are listings for sale or rent and having agents lie about it.

Finally, there is the issue of getting paid. If listings are posted for sale by owner, your agent needs to know who is going to pay them. They can try asking the seller to sign a document that the seller will pay the commission, however, not all sellers will agree to this. If the seller refuses to pay, then you, the buyer will need to pay your agent the commission. When listings are posted in the MLS, there is a contract from the seller that the seller will pay the commission.

Hope this answers your question. By the way when I was a realtor, I did look up listings on line to find out what my buyers were talking about.
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Sun Jun 5, 2016
USMortgageRanger answered:
Is there a reason to use FHA with its UMIP and PMI tacked on to the loan for life. We at Wells Fargo Have a Your First Mortgage that only requires 3% down and way easier guidelines than FHA. I would be delighted to go over all your options so you can see the savings for your self,

Lowell Sterling
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Sat Apr 2, 2016
Kristy Knierim answered:
It is possible to owe money to a property without being evicted. Just like you can give your notice to vacate, your landlord can also serve you with a notice to vacate. This isn't necessarily an eviction. You can check the courts website, civil, to see if there was an eviction filed against you at any point. If not, it was just a debt that was forwarded to collections. Definitely keep the receipt as proof of satisfaction of the debt. ... more
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Fri Nov 27, 2015
Kari McCoy answered:
I do not recommend selling a house in "as is" condition unless there are major issues. Your home sounds like it is in sound condition and just needs updating. I would suggest that you clean out any clutter and make sure the yard is trimmed back. Then price the home at market value and market it all over the internet with profession pictures and video.

I wish you the best of luck in your selling adventure.
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Fri Feb 6, 2015
Edward Maddox answered:
Mon Mar 18, 2013
Hope Salas answered:
One lender did get back to me on this and interestingly enough, she provided the same link that I shared with you earlier. I think if you go to this site, you'll get many answers to your questions. Let me know if I can be of further assistance. Best wishes. ... more
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Sat Mar 16, 2013
Hope Salas answered:
Once the status of a home changes, the MLS is supposed to be updated accordingly promptly.
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Tue Nov 13, 2012
Pamela Campbell answered:
Apartment Options can assist you with pre-qualifying you for a large studio.

Give us a call, we have credit friendly OPTIONS.

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Wed Jan 25, 2012
William answered:

I have lived in Mesa for 20 plus years and enjoyed raising a family here. Here is the link that was mentioned above. The internet is a great tool to research and this will help you navigate to relative sites. I will gladly send you listings and information for Mesa and help you find a new home in Arizona. ... more
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Wed Jan 19, 2011
Spirit Messingham answered:
Rental market is up, which makes sense since so many people can't get a loan now that the lenders have tighten up the "rules". In most cases, you will make more money if you rent it yourself, but you have to deal with it. Check out what is available for the money on MLS or Craigslist and market yours competitvely. Write a lease or have an attorney do it for you. I can tell you that most property management companyies charge around 10% to get it rented for you, which adds up over the year. Also, talk with your accountant as the rent will be taxed.
Good luck.
Spirit Messingham
Tierra Antigua Realty
Tucson, AZ
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