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
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
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
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 email@example.com.... more
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
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
It really depends on the lender and the seller. I recently had one approved in about 2 weeks. The key is making sure the ENTIRE short sale packet is submitted to the lender by the seller. The other key to success is having an agent who is familiar with the process and maintains regular contact with the lender's loss mitigation department. As with most things...the squeaky wheel gets the attention!... more
Hi, this property is currently not active on the multiple listing service. It was sold on 12-Oct-2012. If you need help finding a property with similar features, please contact me through my Trulia profile.... more
For more details about 203k loan, visit www.cfs203k.com. CFS Mortgage and RenovationReady brings together more than 50 years of traditional and renovation lending know-how. Let their team of experts help you.... more
Ultimately, the decision to accept your purchase contract will be made by the asset manager from Green Tree. In order for the transaction to close in a timely manner, the agents Iinvolved must reach this asset manger. You also have to keep on them until the contract is reviewed and deemed acceptable to the bank. With hard work and perseverance, third party approval can be had in 30 days with an 80-90% succes rate.
Watch my video regarding short sales listed under my blog!