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Clinton : Real Estate Advice

  • All61
  • Local Info4
  • Home Buying37
  • Home Selling6
  • Market Conditions0

Activity 66
Wed Jun 21, 2017
Myredtruck41 asked:
Because of agent poor calculations I'm told I'm going to have to pay 5k instead of breaking even, I'm trying to find out what can I do because I don't have the money
0 votes 0 Answers Share Flag
Fri Apr 22, 2016
MCM_STL answered:
Do you trust a computer that is making a guess based on some very general criteria or the professional you hired to help you and actually knows your local market?

These online appraisals are meaningless. They are doing some kind of math that probably assigns values you very basic things like #beds and baths and square-footage and then does some calculation based on some average derived from sales in a given radius. You have no way of knowing what methodology these websites are using but I can promise you this computer has no idea about any of the associated homes' conditions nor does it really have a clue what really constitutes an appropriate radius to look.

Furthermore, they're always working with old numbers. Sales figures often aren't available publicity for months. Your agent is looking at current figures and actually has the ability to at least somewhat judge the condition of the various comps.

So long as you have a financing contingency, you'll have your lender also confirming an appropriate value for this house.
... more
0 votes 1 answer Share Flag
Wed Jul 8, 2015
Ward Guy answered:
Holy Smoke! I could go on and on.
We live just north of Raleigh.
We spent 6 months jumping through every hoop they threw in front of us.
They told us we needed a builder after the county said we did not.
our credit is over 800 and we were borrowing the money and just contracted
the builder who built my last two homes.
we own the land and have made improvements to it while waiting.
Their appraiser never even left his home to do out appraisal and was so far off on everything and his photos were years old internet photos. 475.00 for nothing, but mandatory.
We just found out that our builder was not approved to build our house but they could recommend a couple, @#$%
The whole deal was not handled well at all we were led on and on.
Extremely unprofessional.
I sure hope no one has to use them ever. painful enough process and add in the unnecessary grief from Union Mortgage isn't worth it at all.
... more
0 votes 6 answers Share Flag
Thu Jul 2, 2015
Vitalsupply2 asked:
which makes the house really small.. Would it be a good idea to do a garage conversion to increase size and value ?
0 votes 0 Answers Share Flag
Sun Jun 28, 2015
Dr. April Martin answered:
Hello,

Unfortunately there is nothing that can be done. The listing agent of the property next door should have conducted a CMA to see what price to list the house at. If it is indeed overpriced, then you can list yours at the price that matches the CMAs of the surrounding area, and with your being listed at a lower price, it should sell faster. Hope this helps. Thanks.

avmtherealtor@gmail.com
... more
0 votes 1 answer Share Flag
Tue Jun 9, 2015
Ross Anthony answered:
This sounds like 2 separate questions. Regarding the deposit being lost, was there a contingency clause in the contract? If they were within the contingency timeline, they are likely able to have their deposit returned to them.

If you choose not to sign the release of funds for the deposit, you can dispute and go to mediation with the buyer. If that doesn't work you can escalate the matter through the legal system. However, before the matter is resolved and while the deposit is still being held in escrow, you may not be able to re-list your home for sale (depending on the area -- I am in San Diego, CA).

If you think you are likely to receive another competitive offer in a reasonable amount of time, it may be a better idea to give them their deposit and find another buyer.
... more
1 vote 1 answer Share Flag
Wed May 27, 2015
Dr. April Martin answered:
Hello Christine,

Unfortunately the above property that you sent your inquiry on has been rented out and off of the market as of April 30, 2015. If you would like to look for additional rentals feel free to contact me at (202) 503-6429 or visit my website at: amartin.exitlandmarkclinton.com Thanks. ... more
0 votes 1 answer Share Flag
Sat Jan 10, 2015
The Graveline Group answered:
In Massachusetts, if you can get a written letter of denial from your lender, it is grounds to terminate. I would contact your attorney who is representing you in the transaction. Having a good real estate attorney is always a top priority. ... more
0 votes 3 answers Share Flag
Tue Jul 15, 2014
Joseph Luht answered:
Just get in front of people and you will find them. You can knock on doors, make phone calls, social events. meetup.com is a great website to find groups of people you can meet up with and most of them are free. ... more
0 votes 1 answer Share Flag
Tue May 13, 2014
Tony Zowd answered:
I have used two and had very good results:

1. http://www.cbmove.com/Services/PropertyManagement.aspx

2. www.BrockPMLLC.com


You could always check places like Angies list as well.

Good Luck,
... more
1 vote 3 answers Share Flag
Thu May 1, 2014
Damian Green answered:
Comechalewis1,

I know an investor that I can put you in contact with....
0 votes 1 answer Share Flag
Thu May 1, 2014
Damian Green answered:
Kirsten,

I have two that I can recommend......contact me, dgreen@mris.com.

Thanks,
Damian
1 vote 5 answers Share Flag
Thu May 1, 2014
Damian Green answered:
pyt23v,

I have a lender that I'm sure can get you approved to purchase a home!! Contact me.....dgreen@mris.com.

Also, feel free to browse my website for real estate info: www.MyRealtyPro360.com

Best regards,
Damian
... more
0 votes 9 answers Share Flag
Thu Apr 24, 2014
KEITH PARKER answered:
Clearly their is something wrong here. Sounds like expectations are not being managed properly. It is common to have a few delays/postponements prior to settlement on occasion but not 4 times. Normally a Tentative or projected settlement date is set at the beginning of a transaction and then later changed based on new information from either buyer or seller side. A definitive settlement date (concrete) can only be determined when your agent receives from the title company or buyers lender that they have a "clear to close". Anything other than that would be speculation and premature. "expectations must be managed properly". If you need assistance in purchasing your new home don't hesitate to call me at 301-440-1489 or parkerteam4@aol.com. ... more
0 votes 8 answers Share Flag
Thu Apr 24, 2014
KEITH PARKER answered:
Hello keesha. Homes are moving a little faster these days. I don't know how long it was from the time you saw the home online until the time you viewed it or even if you had the chance to view it but supply is getting low and demand getting higher. That said, your best shot at any " nice" home is making an appointment to view the home within the first 2 days of being on the market. Be diligent. Know what you want. Write a contract same day. I hope you get another shot at it. ... more
0 votes 5 answers Share Flag
Thu Apr 24, 2014
Akil Walker answered:
Hi Ranch hand,

at noted below if you have a HOA association you can contact them. Tax records will show absentee owners. if there is potential value you will see an increase in letters from investors. if you are interested in knowing the value of homes in the area to potentially price yours for sell feel free to contact me. ... more
0 votes 2 answers Share Flag
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