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48226 : Real Estate Advice

  • All7
  • Local Info0
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 6
Sun May 31, 2015
Christopher Fritts answered:
A seller is not required to sell their home if the appraisal came in low AND you have asked them to reduce their price to the appraised value. This is unfortunate, but yes they can terminate the agreement unless you are willing to pay the negotiated sales price without concern of the appraised value. If you are willing to pay based on the original negotiated price then I don't see where the seller can back out. A real estate agent should not offer you legal advice, period! I suggest you contact an attorney so that you can be properly informed. Good Luck!! ... more
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Thu May 7, 2015
Brittany Walls answered:
Depends on if they can show added value. If your clients don't have enough money to put down, move on. The markets are changing; some sellers look for cash buyers because of this- or clients who have a substantial down payment. ... more
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Tue Jul 23, 2013
Devon Clausell answered:
Mon Mar 25, 2013
Ron Thomas answered:
Why does it sound like you are resisting contacting a Realtor?
Do you think that you can do everything "on-line"?
Who is going to protect your interests?
0 votes 2 answers Share Flag
Sun May 27, 2012
Haig Istamboulian answered:
Hello,

That is a very tough question to answer because there are many real estate companies, law firms and other organizations that are doing short sales. Compiling all of the numbers would be nearly impossible. There may be a way to get those numbers of short sales that were listed on the MLS, but law firms and other organizations may not share that information to get an accurate number.

Is there a reason you are asking, did you need to short sale your home? If you do contact me, our company is the number one short sale company in Michigan. You can sit down for a no obligation consultation with one of our short sale experts and get all the information you will need to make an informed decision.

Thank you,

HAIG
Elias Realty
(248) 379-6547
realtorhaig@aol.com
... more
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Mon Jan 16, 2012
Allison Fishwick answered:
The short answer is yes, If you have good credit and money to put down. If this is a relocation your best bet will be to speak with your relocation department and see what type of guidelines they have. They will most likely have banks they work with to help you with the process. ... more
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