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Falmouth : Real Estate Advice

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Activity 11
Thu Aug 31, 2017
Darcy Wine asked:
My other listings are ok and this one does show up on Realtor.com.
Its been active in the MLS since 8/10/17. ST10028221

Please resolve this. Thanks
Darcy Wine, REALTOR,Homestead Realty
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Tue Jun 13, 2017
jpyleharmon asked:
As one example, you can look at the house and see the "1 story" (and therefore the sq ft) is incorrect.
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Tue May 16, 2017
John Jordan asked:
Hi,
My husband and I are owners of a previously listed property by an agent. We would like to post a new listing for this property as the owner/landlord. The previous listing is no longer…
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Sat Jul 16, 2016
Kstev55 asked:
My wife and I recently sold our home and purchased another in the same vicinity and our agent handled both transactions. He was such an excellent representative we would like to recommend…
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Wed Sep 9, 2015
Pollardrr asked:
Can I add a photograph of my property, as it has no photo right now, even if it is not yet on the market?
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Wed May 25, 2011
Irene Morales Ward answered:
Lisa,

Boy, what a mess! I'd be curious to know how this turned out. I live in 22405 and have 5 kids, too. We bought 12 acres of land back in 1993 and we built our own house while living in an 800 sq ft condo so I feel your pain! It only took us 4 1/2 months to build our house ourselves (acting as our own general contractor and hiring out subs to do the work) and that saved us a fortune. Of course, I'm anal with details and my husband is about the hardest working person I've ever met. I wouldn't recommend it for everyone, that's for sure.

Why did you say you couldn't sell? I guess I didn't understand that part....

Hope it all worked out,
Irene
... more
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Thu Oct 28, 2010
Vicky Chrisner answered:
Everyone telling you that it is mostly likely due to the need for significant repairs is correct, and they are clearly agents that are active in the marketplace as they understand these types of cues. If it is not that, perhaps there is something else about the house that makes it not usually an option for a normal loan. For example, maybe a shared septic or no heat other than a fireplace. Even conventional or renovation loans may not be able to finance these types of properties. The majority of the time it is mold/environmental, structural or in need of significant repairs. Have you seen the house? If you're able to purchase with cash, make sure you're purchasing at a low enough price that it is worth it. Below is a link to some info on purchasing REOs-it might help you (although I am not realizing I don't think I answered this question in these blogs, I may have to go back and add this, as it is a good - and common - question). ... more
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Mon Nov 2, 2009
Michael Straley answered:
Like to hear if you bought the house? Are you satisfied and do you feel like you paid a "fair " value? Often times, more important than price, is if the house is the right fit for our family. Hope you are feeling cozy and comfortable. ... more
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Sat Mar 14, 2009
Kim Marin answered:
Caren,
Is this an REO property (listed for sale by a real estate agent on behalf of the loan servicer AHMSI) ,or a short sale property (listed for sale on behalf of the current homeowner)? The answer determines what dept of the co. is handling the transaction. If it is an REO property then the AHMSI REO dept has an asset manager assigned to the property, they have it listed for sale with the listing agent, and your agent should be working with the listing agent to get you an answer on your offer. Most likely there are multiple offers on the property.

If this is a short sale, that is handled by the Loss Mitigation Dept, and they are totally backed up and you might not hear anything for months. The financial incentive for the mortgage cos. right now is to work out a loan modification with the current homeowner due to recent offers of help by the Feds, so I think alot of the motivation for the loan servicers to do short sales has been sidetracked.

I do know that AHMSinc just obtained 185,000 assets (homes & mortgages) from Citi Residential and they are totally slammed. I had 6 sales pending with Citi before the transfer, and after a month + we are finally closing some of them. See the attached article.
... more
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Sun Jun 22, 2008
Cindy Jones answered:
If you haven't already done so you should talk to more than one agent to determine the right market price for your home. Then make sure you negotiate with the builder. Hopefully you took an agent with you when you met with the builder. Builder are negotiating both on price and ammenitites so don't accept their first offer. Good luck! ... more
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