Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

89139 : Real Estate Advice

  • All23
  • Local Info4
  • Home Buying5
  • Home Selling0
  • Market Conditions0

Activity 15
Sun Jun 11, 2017
Justin Dibs asked:
Wed Mar 22, 2017
Hank Lauzon answered:
Good Afternoon,

My first question is... Are you being represented by a buyer's agent? That is the first person you should go to for advice. If not, then you should keep in mind that you are dealing directly with the agent who ( when the home was listed ) was representing the seller. Now if he is representing you as well, you would have signed a "Consent to act" form which gives that agent the authorization to act for both parties otherwise known as "Duel Agency". Some people and many states consider this a "Conflict of Interest" as the agent in question has to look out for the interest of both parties. Keeping this in mind you need to be aware that as long as that agent is representing you, it is his/her fiduciary duty to guide and advise you as best as possible to protect your interests.

Long story short,... you can not be forced into paying closing costs if it was not agreed upon in the initial contract. Based on your agents advice,.. you need to make the choice that works best for you and your agent needs to move forward with your decision.

If this deal doesn't work out for you, I would strongly suggest using the services of a buyer's agent on the next transaction.

If I can be of service to you in the future.. I'm just a phone call away..!

I hope this helps... good luck to you...!!
... more
0 votes 1 answer Share Flag
Mon Feb 20, 2017
Hanaya Monee asked:
Wed Nov 12, 2014
hoffmanfinancialhome answered:
Do you need Financial assistance of any kind? Personal Loans? Xmas Loan? Business Loans? Mortgage loans? We give out loans at 2% interest rate! , if yes get back to us with this loan application form and send it to our mailing box : hoffmanfinancialhome@gmail.com

Name:
Loan amount needed:
Duration:
country:
State:
phone number
Age

Contact us today at email : hoffmanfinancialhome@gmail.com
... more
0 votes 11 answers Share Flag
Sun Oct 26, 2014
dorenezeller17 answered:
MY TESTIMONY FROM A LEGITIMATE MONEY LENDER
Have you been looking for a loan?Do you need an urgent personal or business loan?contact Dennis Hopkins Finance Home he help me with a loan of $300.000 some days ago after been scammed of $2500 from a woman claiming to been a loan lender but i thank God today that i got my loan worth $300.000.Feel free to contact the company for a genuine financial service. Email: dennishopkins_financehome@live.com or dennishopkins69@yahoo.com or www.dennishopkinsfinance.de.vu Tel: USA +12404374240 .He is a trust worthy man. ... more
0 votes 19 answers Share Flag
Wed May 21, 2014
Kyle Brennan answered:
Your chances are very good. I just got a couple in with 1/2% down and they are first time home buyers. The house we found is amazing by the way.

Give me a call anytime.
Kyle Brennan
Horizon Realty
702 785 2526
www.buyingsellinginlasvegas.com/
... more
0 votes 21 answers Share Flag
Tue Aug 27, 2013
David Cooper answered:
Notice the question used the word ethical, NOT illegal. The best way to answer this question is to know exactly what was repaired. I seriously doubt any agent would take the responsibilty of hiring a contractor unless it was an emergency. It would also help to know how much the repair cost

David Cooper Helping Investors and 1st Time Buyer Find Wholesale deals Since 1994
READ MORE http://www.lasvegaswinner.org
... more
0 votes 13 answers Share Flag
Thu Feb 7, 2013
Rena Levy answered:
Yes..you can own a house and rent at the same time. The questions is if you are qualified for a new loan since you mentioned that you don't have pay stubs and the business is on your husband's name. You will have to show income either from work or alimony/child support or any other source of income .
You can call me to set up appt with my lender at 702-612-7099 or email me at cvegashomes@gmail.com.

Rena Levy
Broker/Associate
Realty Executives
702-612-7099
... more
0 votes 2 answers Share Flag
Mon Dec 10, 2012
Robert Adams answered:
I have two that are awesome for different reasons. Shoot me an email and I will reply with their contact info.


Best Regards,
Robert Adams
Broker/Salesman
The Adams Team at
Rothwell Gornt Companies
C:702-349-9175
O:702-932-8813
F:702-932-8826
RobertAdams@LVrealestateHELP.com
http://www.LVrealestateHELP.com
... more
0 votes 15 answers Share Flag
Wed Oct 31, 2012
Robert Adams answered:
Are you looking to buy or rent?

Looking to buy click here:
http://lvrealestatehelp.weebly.com/buying-real-estate.html

Looking to rent click here:
http://lvrealestatehelp.weebly.com/property-management--rental-search.html


Best Regards,
Robert Adams
Broker/Salesman
The Adams Team at
Rothwell Gornt Companies
C:702-349-9175
O:702-932-8813
F:702-932-8826
RobertAdams@LVrealestateHELP.com
http://www.LVrealestateHELP.com
... more
0 votes 2 answers Share Flag
Wed Jun 27, 2012
Myra Gouger answered:
Most properties can't be converted to corporate rentals because most subdivisions don't allow short term leases of 1 mos to 2mos. Check your HOA carefully as you can be sued by the HOA for misuse of the property. ... more
0 votes 1 answer Share Flag
Thu May 10, 2012
Robert Peddicord answered:
I agree with Bridget and Rhonda. Although, short sale may not be your "only" option; it may very well be your best option.

Even if you were going to stay here in Las Vegas, if you are upside down with a true hardship (such as the one you describe), short selling your home might be your best option.
Let's consider your options. Even if you were able to somehow convince your HOA board to make an acceptation, the net result is that you’re able to continue to service an upside down piece of property that could take years (and sometimes decades), to get right side up. And then, what have you really accomplished. The road is long and hard, but the rewards are few and meager. And, if you have to hire an attorney to secure this “very unattractive” result; then, you can add that to the negative column too.

Alternatively, if you were able to get the property short sold (with a waiver of the deficiency), now you have something of real value. The albatross that would otherwise be hanging around your neck for the next (who knows how many?), years is gone. Let that sink in for a minute. You are debt free. You are even. And, don’t forget, this year maybe your last year that you will be able to short sell your home and be forgiven the normal and usual tax consequences that would customarily accompany such an event, (typically, you have to pay taxes on forgiven income as though it was passive income received). If the Debt Forgiveness Act is not extended, and you end up having to short sell or get foreclosed on next year anyway, you may regret not having done the deed this year.

Keep your credit nose clean for the next year while you are fulfilling your job responsibilities out of the state, and come back to Vegas a "Qualified Borrower" ready to purchase a home at TODAYS market prices. You would probably be able to pick up a smoking hot deal in your same condominium complex for significantly less on monthly mortgage payments. Or, find a much nicer condo (or home), for the same mortgage payment. I don't think I am over selling the benefits here. I would (of course), need to know more about the particulars of your situation, but since you are a resident of Clark County (one of the hardest hit real estate correction markets in the country); I can be pretty confident that you are going to be far better off pursuing the short sale option instead of any other.

Give me a call, and let's talk about your options.

Robert K. Peddicord
REALTOR®
Real Estate Consultant
Prudential Americana Group, REALTORS®
Direct: (702) 218-3974
E-Fax: (702) 317-3371
Email : robertp1@americanagrp.com
Web : http://www.peddicordconsulting.com

871 Coronado Center Dr.
Suite 100
Henderson, NV 89052
... more
0 votes 10 answers Share Flag
Fri Dec 16, 2011
Matthew D'Ercole answered:
Depends on which side of Blue Diamond. South is better then North. Depends on what type of property? There are "better" areas for traditional single family homes/condos. If you're looking at horse property 1/2 acre or larger probably a good area. Development in the area slowed due to economy so the dust has not settled out there yet and will not for some time. Your ROI ( return on investment ) would be stronger in other areas. If you'll call me, we can discuss pros/cons and other areas I feel are better for the money but depends on your needs, wants, etc.

Matthew D’Ercole
One Source Realty and Management
Cell - 702.501.0973
"Website - http://matthewsellslasvegas.las.mlxchange.com
... more
0 votes 4 answers Share Flag
Tue May 10, 2011
Penny O'Brien answered:
Hello,
That's funny you should ask that question. I have investors asking me for the same information. Let me know what you find out and I will share valuable information with you too.

Penny O'Brien with Simply Vegas
702.321.9383
... more
0 votes 3 answers Share Flag
Mon May 2, 2011
David Cooper answered:
$34,000 a year provable income and you got $400,000 loan. I'd sure like to know how that loan officer snuck that one thru. You lucked out. I don't think you could pull that one off again.

David Cooper Las Vegas Foreclosure Investor in Bank Owned REOs with Cash Flow. email or call for FREE
daily list. +1-7024997037 not a real estate agent
... more
0 votes 15 answers Share Flag
Search Advice
Search

Followers

672