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48301 : Real Estate Advice

  • All19
  • Local Info1
  • Home Buying12
  • Home Selling3
  • Market Conditions1

Activity 18
Sat May 27, 2017
Krystalsisson69 asked:
Do? Do I have any rights since I live in house an won top bid at sheriff auction? Is there anything I can do to try to keep house an buy it from owner
0 votes 0 Answers Share Flag
Fri Feb 20, 2015
Ron Dwyer answered:
Sold Date: 01/03/14 Sold Price: $190,000 3rd Party Appr: No Finance Code: CONV Sale
are you still looking www.dwyerproperties.com give me a call
0 votes 2 answers Share Flag
Wed Jul 24, 2013
Ron Thomas answered:
It means that if I was your Realtor, I would be offended and wounded if you didn't listen to me, and you went off to talk to some stranger on the Internet for confirmation.
1 vote 2 answers Share Flag
Sat May 12, 2012
Mark Mergener answered:
I think the more important question may be, "Can you help me find the right house?" If you have a specific need for a particuloar kind of home in a specific are at a given price range, you may do well to seek out an agent to assist you as a "Buyer's agent"!

To that end you should be looking for an agent to do just that for you, rather than finding an agent with a specific listing. Keep in mind the agent with the property listing is representing the seller, not the Buyer.

If I can help, let me know!

Mark T. Mergener
Cell (248) 935-0335
... more
0 votes 2 answers Share Flag
Fri Oct 14, 2011
Dp2 answered:
Tue Aug 30, 2011
Carolyn Stieger, ASPM, RESA-PRO, NASMM, CRTS, RESA, IAHSP answered:
Arteva Homes, Inc build quality custom homes. They pay attention to every detail whether building custom homes or condos. Contact Arteva Homes at 248-642-7826 located at 1668 Telegraph Road, Suite L-150 Bloomfield Hills, MI 48302

I have worked with Arteva Homes on several of their projects in the Birmingham and Davison areas. I have seen the quality and attention to detail during construction.
... more
0 votes 4 answers Share Flag
Fri Aug 26, 2011
Rich Bennett answered:
Hi Allen,

The best thing to do is to consult with a contractor to determine a rough cost. With an existing basement there, you'll definitely want to talk to an expert.

Thanks.

Rich Bennett, Realtor
415.305.4911

Zephyr Real Estate
DRE#01358540
... more
1 vote 1 answer Share Flag
Sun Aug 21, 2011
Karen Paytas answered:
Huntington Bank
Ross Mortgage
Michigan Tech Employees Federal Credit Union
www.mtefcu.org/loans-visa/home-loans/construction-loans/

Good Luck,

Karen Paytas, GRI, CMS
Realtor
Real Living Kee Realty
586-709-8465
kpaytas@mirealsource.com
... more
0 votes 1 answer Share Flag
Sat Aug 20, 2011
Ron Thomas answered:
To start with, you do business with builder who has a reputation to protect.

Secondly, I have seen a detail/accessory sheet.

Thirdly, you are monitoring the procress on a daily basis, right? ... more
0 votes 1 answer Share Flag
Sat Oct 30, 2010
Cicely Brookover answered:
ah you know where you are going! I think "then" or "now" depends on you and your home. In the last few weeks at Coldwell Banker Weir Manuel I have seen numerous homes priced right and in great shape sell within a week at asking price or above. If you fit that scenario, I'd wait until after the first of the year. Of course stay in close contact with your builder to make sure that 4/15 date continues to work. Still waiting to move to our "new" Coldwell Banker office - think "fall" has become mid Dec. now. ... more
0 votes 3 answers Share Flag
Tue Sep 14, 2010
Christina Phillips answered:
DearRavichopra,

I am so sorry to hear about your misfortune with these agents. I would go to the manager/broker of the office and lodge your complaint. Real estate agents rely heavily on referrals so a bad referral can really hurt their business. With no business they are out of business. In the future ask around for an agent that someone who you know has used and been happy with. This lessens the chance of things going wrong.

Best of luck to you!

Christina Phillips
... more
0 votes 19 answers Share Flag
Sun Sep 5, 2010
Keith Manson- Metro Milwaukee Wisconsin answered:
The homewner can do anything they want and how they want to do it prior to the confirmation of the foreclosure sale. Just because it went to foreclosure sale does not mean that the mortgagor was under water, there are foreclosures where there is equity and the owner just lets it go to foreclosure sale for what ever reason.

If you want the house, just make sure you have a buyers agent and that you have dear title and you understand the issues with the condition of the property. Also make sure you close before the confirmation of the foreclosure or you will have other issues to deal with.

Ot wait until it goes to foreclosure sale and bid with the other people looking to purchase it after foreclosure.

Keith Manson
First Weber Group

Certified Distressed Property Expert
Metro Milwaukee

http://www.milwaukeebailout.com
... more
0 votes 5 answers Share Flag
Wed Mar 10, 2010
Anna M Brocco answered:
Since you didn't get a reply from a local agent yet--why not contact any realty office(s) and ask or contact any local Trulia contributor--taxes will vary depending on location, property size, etc. ... more
0 votes 1 answer Share Flag
Mon Dec 28, 2009
Anu Gandhi answered:
APPLICAATION CAN BE DOWNLOADED FROM REALCOMP BY SELLING AGENT, AND CAN BE SEND IT TO LISTING AGENT,
BUT IF I AM A LISTING AGENT i LIKE TO FILL OUT LEASE FORM TO PROTECT Y SELLER,AFTER IT IS ACCEPTED BY SELLER
REALCOMP HAS STANDARD LEASING FORMS, BUT SOME OF THE DETAILS HAVE TO BE FILLED OUT TO SPELL OUT MORE DETAILS LIKE HOW MUCH LATE FEE CHARGES,ETC ETC

ANU GANDHI ( ASSOCIATE BROKER)
REAL ESTATE ONE-FH
CSF -CERTIFIED IN SHORT SALES AND BANK OWNED PROPERTIES
... more
0 votes 3 answers Share Flag
Wed Jul 29, 2009
Leasing To Own Solutions answered:
Before you start calling Hard Money lenders....you may want to look for Private Money. These are people who have money sitting in their 401K's and IRA's. There are a lot of people out there who have Self Directed IRA's who are looking for projects and deals to put their money to work instead of keeping it in the stock market.

If you need to learn a little bit more about Self Directed IRA's you may want to check out www.trustetc.com. They are one of the great companies who provide great help and info.

I believe that if you search Youtube that you'll find a good video which describes the company and how to find Private Money instead of Hard Money Lenders.

***It also depends on how much you need and how fast you need it.

Hope this helps out a bit.

Darin
... more
0 votes 2 answers Share Flag
Fri Jul 24, 2009
Maureen Francis & Dmitry Koublitsky answered:
Since this question is more than a year old, I am hopeful that Krista has found a buyer and sold her house. Just noticed a new answer.
0 votes 15 answers Share Flag
Sat May 24, 2008
Scott Sowles answered:
Sherry,

Short answer, ranch homes sell well when they are priced right and marketed by a competent sales professional. Unless you have a compelling reason to move you should wait at least 2-3 years until the market recovery begins.

There is a buyer for every home. The question is whether you need to move badly enough to make sure you find that buyer. Ranch-style homes, whether contemporary or not, appeal to a wide group of people. My main concern would be your motivation for selling. Sherry this isn't a market for casual selling. Unless you have a strong need to move, a job relocation or family issue for example, I wouldn't even consider selling. Property values in north Oakland County have dropped over 20% - and they haven't stopped going down. It's a wonderful opportunity for first-time buyers or people who want to move up but it's very, very difficult for sellers. Nearly all the closed sales in our area involve some kind of distress on the part of the seller - they're either foreclosures, short sales or the seller is bringing money to closing to "buy their way out" of the home. Clearly these sellers didn't want to "give their homes away" either, but in the end they had no choice.

Now that I've gotten that negative stuff out of the way let's look at the positive. If you listed to the media you think that homes aren't selling. On the contrary, homes are selling at nearly the same rate they were in 2003. Homes are still selling and buyers are still buying - just at reduced prices. In fact we've seen an increase in activity this spring over all, our office sales are up and even my web traffic is up. So, while it still will take us 5-7 years to fully recover from this slow market, there are still positive signs.

If you'd like more information please feel free to contact me.
... more
0 votes 12 answers Share Flag
Wed Apr 9, 2008
smith3gary answered:
Joyce, The best place to search for a foreclosure would be on Trulia. In the home search foreclosure is a choice. Another good site is http://topix.com look under real estate. Even homes with Notices (pre-foreclosure) are available.

I strongly agree with Melinda's first answer. Take some time to research foreclosures. If you have the required skills this may be an option. Another choice might be "short sale" properties. Most will have less damage. Expect months of negotiating and waiting for either.
... more
0 votes 5 answers Share Flag
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