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Bothell : Real Estate Advice

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  • Home Buying21
  • Home Selling4
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Activity 93
Wed Nov 23, 2016
Kary Krismer answered:
I'm surprised no lenders are answering this, but your ability to get a loan is dependent on your income, assets and credit report, not your age.
0 votes 1 answer Share Flag
Sat Nov 19, 2016
Thomas Martin answered:
We can get borrower approved using 4 alt trade lines including proof of timely rental payments to build a credit history. Alt trade lines include letters/proof of payment history from direct service providers including electric, water, cell phone car insurance ect proving a 12 month payment history with no 30 day late payments.

We provide FHA/VA loans all the way down to a 580 fico. As a licensed real estate broker and mortgage broker over 10 years i can answer any questions you have throughout the process.

US Mortgage Lenders - Thomas Martin
NO CREDIT SCORE FHA/VA Loan Approvals 7 days a week
PH: 954-667-9110
http://www.florida-mortgage-lenders.com/
... more
0 votes 20 answers Share Flag
Sat Oct 8, 2016
Bhanuma.naga answered:
More thoughts on this question:

We are planning to buy a model home from Lennar. The model house will be 2years old by the time we purchase.

We are okay with the fact that several ppl wud hv walked through the model house and is not a brand new iff lennar can compensate this in other forms. Has someone bought a model home and share their experiences? What can we expect from lennar as compensation?

2yr old houses go cheaper than new houses in market. Ideally, I would expect a price discount as compensation. The prices in that area are rocketing day by day. So, I doubt if they're gonna offer a price discount.
If they're going to specify warranty from day of purchase as opposed to date of construction, its my right as a buyer and doesnt really compensate 2yr old construction.

I read somewhere that builders often give kitchen appliances for free with model homes. However, lennar includes them with all other houses (everything included).

Some mentioned, they offer upgrades at discounted price, lennar sales consultant said they dont have any upgrades (everything included) except for Air Conditioning.

I am thinking on what I should ask for to compensate the purchase of a "like-new" home. any thoughts on what is a reasonable expectation?
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0 votes 1 answer Share Flag
Wed Aug 17, 2016
Julie Adair answered:
If you get in with a good team, you absolutely can. I know of a retired school teacher whom joined the team ofhis former student & is doing quite well!
1 vote 3 answers Share Flag
Tue Aug 9, 2016
Lauren Bruns answered:
I am in the same boat and am planning on getting around that by having my parents co-sign because their income is much higher than mine (obviously!) and therefore puts the overall total for everyone at the amount many places are looking for. I get that having parents involved who are disgruntled to co-sign is a pain but maybe you'll have some luck with 5 different people's parents to ask! Otherwise if you work with an individual renter rather than a company they might be more lenient if you show them all of your good rental history and they can call references. Good luck! ... more
0 votes 1 answer Share Flag
Wed Jun 29, 2016
Kryoken answered:
Depends on the investor and if it is a cash out or rate and term refinance. Some are as soon as 1 day, most are 30 days. If cash out, may be 6 months.
0 votes 15 answers Share Flag
Thu Jun 9, 2016
Kary Krismer answered:
Well technically yes, and although I'm not familiar with the listing agreements in the Spokane area I would guess that your listing agreement consents to their acting as a "dual agent." But let's back up . . .

Unless your agent also has a signed buyer's agency agreement with the buyer, your agent would remain just your agent and the buyer would be unrepresented. If they did have such an agreement (very unlikely) then they would be a dual agent. In the latter case they would be more of a facilitator because they wouldn't be able to take any action detrimental to either party. Google RCW 18.86.060.

In neither case would they be allowed to convince a buyer to make a low offer on your house. If they remain just your agent they should be representing your interests. If they are a dual agent, doing so would be detrimental to your interests.

Finally, note that it's the buyer who decides what they are going to offer. If you received a low offer from a buyer through your agent, it's very likely that's what the buyer wanted to offer.
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0 votes 1 answer Share Flag
Thu Jun 9, 2016
Kary Krismer answered:
Well technically yes, and although I'm not familiar with the listing agreements in the Spokane area I would guess that your listing agreement consents to their acting as a "dual agent." But let's back up . . .

Unless your agent also has a signed buyer's agency agreement with the buyer, your agent would remain just your agent and the buyer would be unrepresented. If they did have such an agreement (very unlikely) then they would be a dual agent. In the latter case they would be more of a facilitator because they wouldn't be able to take any action detrimental to either party. Google RCW 18.86.060.

In neither case would they be allowed to convince a buyer to make a low offer on your house. If they remain just your agent they should be representing your interests. If they are a dual agent, doing so would be detrimental to your interests.

Finally, note that it's the buyer who decides what they are going to offer. If you received a low offer from a buyer through your agent, it's very likely that's what the buyer wanted to offer.
... more
0 votes 1 answer Share Flag
Mon May 16, 2016
Jaspreet.grewal82 asked:
Fri May 6, 2016
Kary Krismer answered:
You'd probably do better asking your question in part of Trulia that deal with Florida rather than Bothell Washington.
0 votes 1 answer Share Flag
Wed Jan 6, 2016
Markio506 asked:
I have claimed it, but when I click on "edit your home" nothing changes, and no where to upload pics.
0 votes 0 Answers Share Flag
Mon Dec 28, 2015
Kaushal8394 answered:
Also include Westcott in the list please
0 votes 2 answers Share Flag
Fri Oct 2, 2015
Kimmi Nguyen asked:
I want to purchase my neighbor's investment property. I have heard it was nearing foreclosure and he is trying to sell it because he doesn't want to go file for bankruptcy. I want to purchase…
0 votes 0 Answers Share Flag
Sun Aug 23, 2015
Christopher Pagli answered:
Trulia pulls information from various sources, some not accurate. The most accurate data comes directly from the local MLS and they don't have a direct feed for that info. They should but are more concerned about charging agents for everything they do on the site.

Chris
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0 votes 2 answers Share Flag
Tue Aug 18, 2015
Christopher Pagli answered:
You can visit www.SpotCrime.com and www.CrimeReports.com for stats. Real estate agents are prohibited by license laws from answering these types of questions.

Chris
0 votes 1 answer Share Flag
Tue Jun 2, 2015
Ron Krauch answered:
Hi Debbie,

Trulia gets the majority of its data from the various multiple listing services around the country. In order for a photo to be updated on a For Sale listing, it would have to be updated in the MLS. If it's a For Rent listing by owner, you will have to contact Trulia customer service: 1 (888) 466-3501

Good Luck!

Ron Krauch
Managing Broker
Emerald Estates Realty, Inc.
Palos Heights, IL 60463
... more
0 votes 1 answer Share Flag
Tue May 12, 2015
Melissa Wiggans answered:
I agree that you should interview a few agents and ask them to prepare cost sheets. There is always a chance that a buyer will request some closing cost assistance, so keep that in mind, too! ... more
1 vote 3 answers Share Flag
Thu May 7, 2015
Kevin Zellmer answered:
Just wanted to check in and see how your real estate investment and goals have turned out? Have you sold your home or have your rented/ Curious how you decided on the process and if you reinvested into real estate and used the 1031 exchange if needed ... more
0 votes 5 answers Share Flag
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