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Edgemoor : Real Estate Advice

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Activity 11
Thu Apr 13, 2017
Kathy Burgreen answered:
The issue is how are you paid?
If you are full time, salaried and receive a W2, you are fine because lenders can verify your income easily.
If you are part time, hourly and receive a W2, you will need a letter from your employer that your income will continue for the next 3 years and that your hours will not be reduced.
If you are an independent contractor, self employed and receive a 1099, lenders need 2 years of employment because your income cannot be verified and lenders will average out an annual income from the 2 years. You will also need 2 years tax returns.

In addition to employment /income, lenders will pull your credit and verify credit score and history, savings / investments and debt to income ratio. You will need cash for a down payment + cash to pay closing costs.

Age is not a factor to getting a mortgage loan. It's against the law.
... more
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Fri Feb 10, 2017
Vipergtszz asked:
My family currently rents a single family home in North Wilmington DE. We have had a great relationship with the Landlord for the past 5 years, never really bothering him for anything. I…
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Fri Jan 16, 2015
hilda.olguin answered:
meal plans for weight loss in minimum time?
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Wed Dec 10, 2014
S. Walton Simpson answered:
In general, I do not recommend rent to own purchases. Always seek the advice of an attorney before entering into this type of agreement.

Best,

S. Walton Simpson, Realtor
Keller Williams Realty
302-242-5146
... more
0 votes 2 answers Share Flag
Wed Dec 10, 2014
S. Walton Simpson answered:
Recent home sales of similar homes over the last 3 months would be used as comps. Your homes unique features would also be considered.

S. Walt Simpson, Realtor
0 votes 3 answers Share Flag
Wed Dec 10, 2014
S. Walton Simpson answered:
I consider both the same. The rest of the homes unique features would also be considered.

Best,

S. Walt Simpson, Realtor
KW
0 votes 3 answers Share Flag
Wed Dec 10, 2014
S. Walton Simpson answered:
The right Realtor will listen to your needs and provide open and honest advice.

I look at each meeting with a prospective client as an opportunity to begin a long term professional relationship. My knowledge of local markets allows me the ability to negotiate the best deals for my clients. My goal is to provide value to each transaction.

Best,
S. Walton Simpson, Realtor
Keller Williams Realty
302-242-5146
... more
0 votes 3 answers Share Flag
Wed Dec 10, 2014
S. Walton Simpson answered:
The MLS.

Working with a Realtor ensures your property will be listed on the local MLS. Once your home is listed it becomes easy for any Realtor and qualified buyer to schedule a time to see your home.

Commissions are always negotiable. I offer a custom home selling and marketing package for every seller. As a Trulia Pro member, all my listings receive maximum online selling exposure.

Best,
S. Walton Simpson, Realtor
Keller Williams Realty
302-242-5146
... more
0 votes 24 answers Share Flag
Sun Dec 1, 2013
Dianne Andrews answered:
I just sold a home with multiple offers, clean as a whistle million dollar home, that also had a trash/horder next door neighbor, with grass growing out on the street, and a pile of garbage in their back yard. I advised my sellers to at least pay for (and ask first) their neighbors front garden area adjoining their property to be cleaned up and cut down by a gardener. The neighbors happily agreed to have that done, and my sellers also asked, if they could take away to the dump some of the stuff piled in their back yard, which you could see from their dining room and bedrooms. The neighbors also let them come in and haul that stuff away! Made the sale with multiple offers in two weeks! Good luck, neighbors homes can and do affect the value of your property! ... more
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Sun Dec 1, 2013
Jim Olive answered:
Depends on the norms for your market. In some markets the listing agent attends every showing, while in others it is common for just the buyer's agent to show the listing. Feedback is important, but communication is a two way street. If your agent is not providing as much feedback as you would like, ask him or her for some. A simple "how did that showing go?" might elicit all the information you seek. It's also possible that s/he has had nothing but negative feedback and is reluctant to share that with you. Make sure if s/he does provide negative feedback you are open to it, and don't shut down...because if you do, they are unlikely to share any more negative feedback with you. Negative feedback is far more important than positive feedback...it tells you what you need to address to sell your home. Best of luck... ... more
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Wed Mar 28, 2012
Anna M Brocco answered:
Perhaps your question was cut off--if looking for local school locations consider a Google search; for school information see links below...
http://www.schooldigger.com/
http://www.greatschools.org/ ... more
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