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48382 : Real Estate Advice

  • All19
  • Local Info0
  • Home Buying10
  • Home Selling5
  • Market Conditions0

Activity 18
Fri Oct 14, 2016
Marcy Soufrine asked:
Sat Jan 30, 2016
Sally Grenier answered:
Cindy, it looks like you might be an agent? If so, when you set up your Trulia account to begin with you should have the option to enter your MLS info. The listings will get pulled automatically from your MLS based on your agent ID. But maybe you're just set up as a consumer? If you're not an agent and trying to sell your own home, I don't believe you can do FSBOs on here. ... more
0 votes 1 answer Share Flag
Sat Sep 5, 2015
Russaford8500 answered:
Hi i,m russ safford looking for a landcontract home with garage and a nice back yard my fiance grew up on dunreath looking for something in the range of 65,000 this my phone num 7347728721 ... more
0 votes 6 answers Share Flag
Sun Feb 8, 2015
Kim Carnagey answered:
Most agents that bring you a buyer are going to asked for 3% as they will be doing all the legal paperwork for the transaction etc.
0 votes 6 answers Share Flag
Wed Dec 10, 2014
Andy B Realtor answered:
please just use a REALTOR!
your question is equivalent to me saying "I want to pull my own teeth, is there a good place for me to get Novocaine?"
0 votes 5 answers Share Flag
Fri Nov 14, 2014
Rosa Avitia answered:
Hello,
Are you still in the market for a home? I do specialize in land contract sales in Commerce Township
0 votes 1 answer Share Flag
Mon Jul 14, 2014
Robert Torrey answered:
A lot of land contracts now require anywhere from 20 to 30 percent down. Just a little food for thought. If you can fix your credit within a year, it might be better to wait until you can see a mortgage specialist. You will get a better rate with less down. ... more
0 votes 4 answers Share Flag
Wed Feb 19, 2014
davesutton59 answered:
No there are some holes inthis company to, for 1 your notice on home that have contracts on them or the home has been sold or removed from selling months after. For me there all slow. Find a realtor and they can call that day and your answer. God bless ... more
0 votes 10 answers Share Flag
Thu Sep 19, 2013
Karen Paytas answered:
I would contact the attorney handling the estate.

Good Luck,

Karen Paytas, GRI, CMS
Realtor
Real Living Kee Realty
586-709-8465
kpaytas@mirealsource.com
0 votes 1 answer Share Flag
Thu Jul 11, 2013
Karen Paytas answered:
Don't quite understand your question.

Thank You!
0 votes 1 answer Share Flag
Mon Apr 1, 2013
Russ Ravary answered:
Normally in that range you need at 3.5% minimum for a downpayment. Then closing costs for your mortgage company usually runs about $2500. Call a local mortgage company to plan your future purchase. They will be glad to help you. Here is one guys number.
Steve Stork Summit Funding 248-755-3701
... more
2 votes 6 answers Share Flag
Sun Mar 3, 2013
Russ Ravary answered:
Don't give up. The question are you an FHA buyer?
0 votes 11 answers Share Flag
Fri Mar 16, 2012
Mike Stawizky answered:
Hello Home Seller,
Selling your home in this market takes a bit of work and stategy to make your home stand out above the others. If you would provide me with more information, I would be glad to help you. Have a Great Day!

Best Regards,
Mike Stawizky
Keller Williams Realty
Commerce Market Center
(248) 980-4406
moveinnow.org
findahomemike@gmail.com
Visit us on trulia.com
... more
0 votes 3 answers Share Flag
Wed Jan 11, 2012
Roland Vinyard answered:
Don't jump into deep water without swimming around in a bit first. Make SURE you like the rental business. It is not all gravy. Tenants move out without notification. Repairs need to be made at a faster rate than they do on your own home. There is trash they leave behind.Collections are not always easy. What do you do if you get a call saying, "My toilet is not working"? Do your financial calculations based on a vacancy rate. There should be some vacancies, otherwise you may not be charging enough. But you don't want many of them.

I would buy a few, 2 or 3 perhaps, with your cash and see how you like the business and see how it is working for you. Should you have chosen other areas? Different types of homes? Commercial instead? Answer these kind of questions with a smaller investment. Once your business is established, you will have better luck securing financing for other acquisitions.

Personally, I stick with what I can buy for cash. Conservative, which limits my top side, but safe. I also like knowing a business well before I invest in it.
... more
0 votes 4 answers Share Flag
Tue Nov 24, 2009
A.l. answered:
I am not a realtor, but I am looking at a home now that is being sold for $225K below cost (orig. $600K) due to water/mold damage due to a busted pipe and water back up because the power was shut off. The bank had to remediate, but took short cuts and won't disclose remediation and is selling "as is". This is a complete waste because the balance on the foreclosed mortgage was only half orig. cost.

However, the problem wasn't that the bank didn't turn the power on. The problem was that the owners moved out in the Fall and the house sat through the winter while it went through the "pre-forclosure" state. The foreclosure wasn't final until the following summer given the back log of homes of this nature.

So who is to blame in that situation? The economy? Or perhaps the owners? Althoguh I assume they fell on hard times - it happens - it would have been prudent to sell / short sell. I'm sure they could have sold slightly above their mortgage balance and made a profit. But it's only speculation.
... more
0 votes 6 answers Share Flag
Mon Aug 3, 2009
Wendy Valko answered:
Hi Brenda,

I would prepare an addendum to the seller asking for a price reduction to meet the appraisal.
0 votes 3 answers Share Flag
Sat May 9, 2009
Derek Bauer answered:
Brenda,

I hope your offer had a protection in it that allowed you a walkthrough within 72 hours or less of the closing. Do you have a buyers agent?
0 votes 2 answers Share Flag
Mon Feb 4, 2008
Shirley Kalvinsky answered:
Delaware has just changed their laws concerning Agency in June of 2007. We are now required to give a Consumer Information Statement (CIS) at the first scheduled appointment or the first showing of property, whichever occurs first. If the first contact is by fax or electronic transmission, then the CIS must be sent with the fax documents or the electronic transmission information. The CIS explains the things a REALTOR must do and those items that a REALTOR may do. It gives the consumer definitions of a buyer's agent, sub agent, and a dual agent. If you would like a copy, simply email me at shirley@jacklingo.com. Hope this helps. ... more
0 votes 12 answers Share Flag
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