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Home Selling in 97212 : Real Estate Advice

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  • Home Buying1
  • Home Selling3
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Activity 3
Robert Asche…, Real Estate Pro in Portland, OR
Sat Apr 25, 2015
Robert Ascherin answered:
You need to open up an acct then you can list it on Trulia. The one thing you should know is they may charge you. I would like to talk to you about listing it with me if that works for you email me at robbascherin@gmail.com . This the perfect time to list. I also can be reached at www.robertascherin.com
Thanks for your time and I hope I can help you.
Robert Ascherin
503-939-1999
... more
0 votes 1 answer Share Flag
Grace Morioka, Real Estate Pro in San Jose, CA
Tue May 5, 2009
Grace Morioka answered:
Hello Madison and thanks for your question/post.

So, let me make certain that I have all of the facts. You are the owner of a 2 unit condominium homeowners association, where you were the sole owner for many years. During that time, you've made changes to the lower condominium that might affect the common areas as well as the map and plan of the condominium.
I hope this is all correct.

Okay, first, you do not need to change your CC&Rs prior to selling the home unless there are rules within the CC&Rs that you would NOT like to pass along to the new owner. As the sole owner of the homeowners association, you can make these changes now without the intervention of another (possibly) dissenting owner. So, as to your question about changing the CC&Rs, you certainly can do this as the only owner of both units in the HOA.

Second, regarding the changes that you've made to the condominium unit, provided that such changes do not violate the building codes within the City where you live, file a formal architectural application to remove the second exit from the lower unit. I suspect that the City may require you to reinstall the second exit in the lower unit for safety purposes--usually a building is required to have at least two pedestrian exits, so check with the City first.

I hope that this answers some of your questions. Good luck and happy selling!!

Sincerely,
Grace Morioka, SRES, e-Pro
Agent, Facilitator and HOA Expert
Area Pro Realty
Co-Author, "Homeowners Associations: A Guide to Leadership"
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3 votes 3 answers Share Flag
Dale McNabb, Real Estate Pro in Eaton Rapids, MI
Thu Oct 30, 2008
Dale McNabb answered:
I write it up as a purchase, to close on or before 1 year or whatever date. Then I spell out all the lease terms, monthly payment, beginning on what date, lease option money amount down and any other terms such as monthly money applied to down payment at the end of the lease term. Should the buyer not perform at the end of the option term, seller retains all the money. I just completed a lease option where the buyer put $5000 up front, of which I retained 1/2 which will be applied as credit on the full commission when we actually close in 8 months. It was spelled out in the contract and the other $2500 became good faith money. ... more
0 votes 6 answers Share Flag
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