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92374 : Real Estate Advice

  • All14
  • Local Info2
  • Home Buying6
  • Home Selling2
  • Market Conditions0

Activity 12
Wed Aug 30, 2017
Jeff Grant answered:
If the buyer is trying to renogotiate the price after the appraisal, then everything is up for negotiation again.
0 votes 1 answer Share Flag
Wed Aug 23, 2017
Deshonthomas answered:
Wow I cannot believe all the wrong answers here. If you have a converted garage you have a problem and that was the question. If it is added square footage otherwise and is done with quality workmanship this should be ok although the appraiser may not give value for this addition. RE agents leave the loan questions for the loan officers ... more
0 votes 13 answers Share Flag
Sun Aug 21, 2016
Startbyservingothers answered:
If you make lots of money then pay cash. You've proven that you're a poor credit risk. The bank doesn't care how much money you make. If they will lend you the money it will be a bad deal. - Rent until you can get your finances and credit under control. When you can save 75% of your income for 12 months strait then you should be ready to begin carefully researching potential purchases. ... more
0 votes 5 answers Share Flag
Thu Feb 26, 2015
You have to go to the listing and uncheck the "follow this question box."

By the way because there is so much fraud on the rental ads, I am offering a free list of rentals to anyone who wants one. ... more
0 votes 5 answers Share Flag
Thu Feb 19, 2015
Joanna Heard answered:
I have a lender who may be able to do it email me
0 votes 4 answers Share Flag
Sat Sep 20, 2014
Arpad Racz answered:

The real metric we should be focused on is what are the Average Days on Market in your area, and how many total house showings have you received, to see if they are within the norm, since it is usually another agent that brings the buyer rather than the listing agent in my experience.

Kind regards,

... more
0 votes 8 answers Share Flag
Thu Jul 4, 2013
E B answered:
Overall it is a good school. Crafton Elementary is a school that is improving its test scores. It ranks an 8, 10 being the best. The class sizes for k-3 ate great only 22 students per teacher. Grades fourth to sixth are also not bad, 34 students per teacher. Please let me know if this helps! If you have any other questions feel free to contact me at ... more
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Thu Jun 27, 2013
Nettie McHenry answered:
I am an REO agent in the area and agree with James below. The banks addendums that you sign have ways for them to cancel the contract. Many banks will fix the damage if properly submitted. The listing agent, who should be doing weekly checks and taking photos of the property, should have sent all the information to the Asset manager along with the damage as well as a police report for damage and vandalism. If the damage is so extensive and repairs are beyond what the investor is willing to repair then I see them wanting to cancel or reduce the price of the property substantially. If they reduce the price you may then obtain the 203k loan and repair the property back to what you want the home to be.

At the end of the day the bank/investor does not want to keep the house, they want to sell it. They also do not want to take more loss than they already have in the FC. Unfortunately the home was vandalized and makes it a troublesome escrow.

I hope it all works out for you and the information you received has been helpful.
... more
0 votes 9 answers Share Flag
Mon Apr 1, 2013
Kawain Payne answered:
As a first time buyer, you will be well served to have a termite inspection a s well as a property inspection.

If the terms and conditions being set forth by the seller sound too one sided, WALK away.

A real estate transaction should NOT be so one sided. Buyer and seller need to feel they have both gained something valuable from the transaction. If you feel the seller is holding all the cards, and calling all the shots, this may not be the right deal for you.

Best of luck to you
Kawain Payne, Realtor
... more
0 votes 6 answers Share Flag
Tue Jan 3, 2012
Garrigus Real Estate answered:
Get a loan officer / broker to work out what kind of loan you can handle, and find a real estate agent you like and trust. Starting the process and experiencing it for yourself is the best teacher of how buying a house works. ... more
1 vote 8 answers Share Flag
Sat Mar 14, 2009
Ellie Shorb answered:
Since you already know the sq footage, you really do have the dimensions, but here is what I think you may be after:
If you are planning to mulch for example, take the length x width (in feet) x Depth I
f you are planning to have 3" of mulch do LxWx .25 or for say, 4" of mulch LxWx .33
Now you have the cubic feet. Take cubic feet and divide by 27 for cubic yards needed (of mulch or peat moss or whatever! Good luck!
Ellie Shorb, Realtor
Long & Foster, DC, MD, VA
cell 240-338-8919
... more
0 votes 1 answer Share Flag
Sat Oct 4, 2008
Mike Kelly Allison Norman answered:

I would call the person who sent you the notice. They usually have a firm representing the Lender. Also, an agent may come by and offer you Cash for Keys which means they want to get you out of there with minor damage to the residence. However, these have very short fuses. I would begin shopping in earnest for a new place to live. I'd sue your ex-lanlord for any security deposit. Good luck suing a large lender!! But you DO GET 60 days if you are a tenant in place. I'd make sure I get them a copy of your rental agreement. If you don't have one you are on shaky ground.
Your plight is the plight of thousands of renter who are NOT notified by a landlord who has NOT been making payments on their rentals for months while still charging you rent. They not only fail their obligation to the lender but to you the tenant.
... more
0 votes 3 answers Share Flag
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