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Home Selling in Bloomington : Real Estate Advice

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  • Home Buying28
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Activity 5
Wed Jun 8, 2016
Richard Trefflich answered:
Huge conflict of interest. The agents job is to sell the house according to the terms you dictate. Usually it is the other way around. We try to get sellers to lower the price and they don't want to. That being said, its time to find another agent who is going to work for you. In addition, I would call three or four different contractors and get bids for what repairs are needed. You can then decide if it is better to sell the house "as is" for a lower price, or put the necessary money into it to get the best price possible. Good luck ... more
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Wed Jun 8, 2016
Jknoxs answered:
I was trying to close on a house and the appraiser from the bank took a picture of the fill port of the tank sticking up between the brick pavers in the back of the house.

It's absurb to think this is a serious environmental threat , however the government is involved so...

Worst case scenario is that the lender will want the tank removed. Better case scenario is that the lender will allow you to 1)pump the tank 2)backfill the tank in place with fill sand 3)test the surrounding soil

I had the tank pumped (must be properly documented, waste manifest), you can't pump it yourself and dump the oil. I ordered 7 tons of sand, cut the top of the tank open, and backfilled it myself. Lastly, you have to have a licensed engineer take soil samples, which is the most expensive part.

Pump and Dispose: $900
Cut tank and backfill: $150
Soil Samples: $1200

You need to determine the cost to pump and either backfill/remove the tank by getting some quotes, and then decide how you want to proceed from there.
... more
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Wed Jun 8, 2016
Clintpelfrey asked:
I am currently selling my house that went up for sale Wednesday. I want to get another home in my current city as soon as mine sells. My credit is well, over 720. I have a co borrower whos…
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Sat Feb 21, 2015
Juan Carlos Carrasquel, Expert answered:
If you are on referral, you cannot practice. Hire an active licensee to sell it for you and ask for a referral :-)
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