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95361 : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying10
  • Home Selling3
  • Market Conditions0

Activity 13
Mon Sep 12, 2016
Angelica P answered:
Hello,

To post your home for sale by owner on Trulia, click the link below and select Submit listings for sale.

http://www.trulia.com/submit_listings/

You will be redirected to our partner site, Zillow. Once you activate your listing on Zillow, it will appear on Trulia within 24 hours.


For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/


Thank you for using Trulia!

Angelica
Consumer Care Advocate
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0 votes 2 answers Share Flag
Sat Jul 16, 2016
Debbie West asked:
Mon Dec 29, 2014
answered:
This is a loan that is fixed for 5 years and then is adjustable after that.

Most people should not take one of these at this time as rates are low, unless you need a stated income loan or have some credit issues.

Sophisticated Financial
Rich Littlefield
Mortgages / Business Funding/ Real Estate
9555 Warner Av. D Fountain Valley Ca 94708
office 714-968-2500
cell 714-421-1037
Fax 714-844-9202
Licensed by the CA Department of Real Estate License 01080071 NMLS License 287206
Equal Housing Lender
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0 votes 3 answers Share Flag
Tue May 21, 2013
Rick McGrath answered:
Even today in 2013 appraisals are still an issue. With everyone buying like they did in the hey days, willing to come to the table with extra cash over the appraised value, it makes it difficult to find a correct value. Appraisers are looking at purchase contracts closer, comps are scrutinized. The fact is until the market truly settles in, appraisals will remain difficult. If you deal with a FHA buyer that appraisal stays on the record for 4 months. This may limit your buying pool. ... more
0 votes 8 answers Share Flag
Tue May 21, 2013
Rick McGrath answered:
The NTS represents a "Notice of Trustee" Sale. This can occur 90 days after a NOD (Notice of Default) is recorded. Most lenders have been waiting 120 days or longer however. Better to error on the safe side and put a plan together that prevents the property from going to the Trustee's sale at the court house. ... more
0 votes 5 answers Share Flag
Tue May 21, 2013
Rick McGrath answered:
In a market that was full of foreclosures or short sales, competing with a regular sale is difficult. The only thing you can do is be sure that your asking price is somewhat in the ball park and hope that your Realtor can sell the value of your home that it has pride of ownership vs some of the others that have been left to nature. ... more
0 votes 11 answers Share Flag
Tue May 21, 2013
Rick McGrath answered:
No matter what the market condition is, no matter whether it's a bank or home owner, everyone wants to receive a realistic market value for their asset. Just because the market tanks it doesn't change the principal of value. To offer something that low, one would have to wonder. If the shoe was on the other foot, would you be willing to accept a low ball offer? Probably not. Shame on your Realtor for misleading you like that. ... more
0 votes 7 answers Share Flag
Mon Apr 16, 2012
Tina Lam answered:
Since perception of crime levels is highly personal, the state regulators prohibit real estate brokers and salespersons from discussing them. However, you can quickly take a look at www.crimereports.com and make an assessment yourself. It's more thorough than Trulia. ... more
1 vote 1 answer Share Flag
Tue Dec 6, 2011
Ron Thomas answered:
Sophia,
The Seller is not required to anything.
If you put something in writing in the initial Offer, if would be part of the deal.
But if you came back after inspections and gave them a list, they can thumb their noses at you and let you walk. If they were willing to lose the deal over $200 worth of repairs.
Are you?
If I was your Agent, I would suggest that you get used to being a homeowner and take responsibilty for your own repairs.
It sounds like the Seller is being more than accomodating.

good luck and may God bless
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0 votes 3 answers Share Flag
Mon Aug 8, 2011
Shel-lee Davis answered:
Foreclosures of occupied homes happen all the time. From what you are saying, it sounds like the Notice of Trustee sale has not been issued yet. 21 days before the property is offered on the courthouse steps, the lender must post notice of the sale date. The occupant can stay, even after this is posted. It is not an eviction notice, it is more like a notice to reposses. Once someone new owns the home, then they will evict the owner. Because the prior owner does not have the protections that a tenant has in a foreclosure, they can get them out faster than a bona fide tenant, but they still have to evict them. As my grandpa used to say "possession is nine tenths of the law".

If you want more specific information about the status of the foreclosure, send me the property address. I will look it up for you. No obligation, after all I live in Los Angeles. Dare to Dream.

Shel-lee Davis, QSC®
Certified Distressed Property Expert – CDPE®
Short Sale & Foreclosure Resource – SFR®
Certified HAFA Specialist – CHS®
SSG Pro®
Your Real Estate Consultant for Life
RE/MAX Palos Verdes Realty
424-2HELP12 (424-243-5712)
myrealestateanswers@gmail.com
http://shel-lee.listingbook.com
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0 votes 4 answers Share Flag
Sun Aug 7, 2011
Rocky G.H. Hawrysz answered:
Hi Misa33,

Are you looking at a Short Sale or a tax record? It sounds like an MLS listing, but need more information is needed to address your question.

Generally speaking in a preforeclosure, the sale or auction date will be from 90days to god knows when. It really depends on the disposition of the lender/investor and the owner.

Share a few more details and we'll try to provide a more specific answer.

Best regards,

Rocky G.H. Hawrysz
Prudential California Realty
P:(209) 444-6610
F:(209) 433-2000
rocky@prucalifornia.com
www.TeamHawrysz.com
Lic: 01468373
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0 votes 2 answers Share Flag
Wed Jun 30, 2010
Alan May answered:
There's no law or statute that controls how many times they can come back to you and ask for "highest and best". But you can control how many times you "increase" your offer.

If $338,000 really is your highest and best, simply respond that way to the latest request. "$338,000 IS our highest and best, and we're staying at that price... take it or leave it".

That is, of course, if $338,000 really is your highest and best. If the property ends up selling for $340,000 how ticked-off are you going to be... will you be okay with it, because you would not have gone that high? Or will you be kicking yourself, because, if you had only known, you would have been willing to pay that much.

Only you can decide.
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0 votes 8 answers Share Flag
Thu May 1, 2008
adam Dalton answered:
As of yesterday(4/29/08), this home was placed on the market. If I can get you any information, please let me know.
0 votes 1 answer Share Flag
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