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20744 : Real Estate Advice

  • All63
  • Local Info5
  • Home Buying32
  • Home Selling3
  • Market Conditions4

Activity 51
Wed Jan 18, 2017
Robin Adams answered:
Thu Jul 21, 2016
James Hagarty answered:
hi Dell.

Rather than guide you to a specific brokerage I will give you this very precise answer: it depends.

Don't jump on the first brokerage that extends an offer.

Take some time, interview multiple brokerages, ask for an observation day with a seasoned agent.

Make sure you feel you have a good fit personally, socially, ethically, and (if you are so inclined) spiritually.

And if, in spite of your best efforts, you end up in an office where you don't feel it is a good fit, don't be afraid to shop around.

It is an important decision, and having worked at multiple brokerages I can tell you that when you find the brokerage that fits you will know it, and it will make a huge difference in your satisfaction levels.

Have fun, and good luck!
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0 votes 22 answers Share Flag
Wed Aug 19, 2015
Bola Williams answered:
Hello Nina,

If I am reading your question correctly, you are a seller who made repairs on your property and are putting the home on the market after 90 days. You want to know if the lender will require 2 appraisals?

I do not believe so, I believe you are referring to the 90 day flip rule which would apply to you depending on how you acquired the home and how long you've owned the property.

If you bought the property to flip then you will probably run into the rule, however if you bought the property, owned the property and had the property as a long term investment and are now looking to off load the property then you probably wont run into this particular rule.

If you'd like to discuss further please feel free to reach out to me!
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0 votes 2 answers Share Flag
Tue Aug 18, 2015
Robert Adams answered:
Sometimes there is a delay between the time it is posted on the feed( in this scenario the MLS) and from when you will see it posted on Trulia.

You can manually upload it directly to trulia or you can use syndicating websites also. If you have a good listing agent they should be handling all of this for you.

Best of luck!
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1 vote 1 answer Share Flag
Tue Jul 21, 2015
Sally Grenier answered:
Pretty much impossible for anyone here to give you a clear answer. The person you should be asking is your REALTOR. We have no idea what market conditions are like in that area. Your agent should do a CMA (comparative market analysis). He/she will look at recently sold properties that are similar in location, size, price, condition, etc. They'll also look at homes that were listed and never sold, and homes currently on the market. ... more
0 votes 1 answer Share Flag
Sat Jan 31, 2015
Annette Lawrence answered:
Ellen and all,
Prudential offices are now operating under the banner of Berkshire Hathaway.
I do not know if the same philosophy and programs for which Prudential was known carried over to BH.

Rick, the 'best' can only be determined based on what you need.

As a new business owner (all REALTORS are small business owners) you completed a business plan that established some parameters for your business, who will be your customers. how you will reach those customers, the physical description of your product and the methods available to you to get your business started. With a business plan, you have an idea, a suggestion of your destination.

How can any one help you get to where you want to go if you don't know where you are going?

Now your question becomes, "Who is the best real estate company to get me engaged in selling transactions within 30 days, in the city of Knoxville for 3/4 bedroom single family homes, valued around $300,000, for move up or downsizing seller, and using traditional selling methods?"

Variations can be 'buyers' or 'foreclosure' or 'golf course" or leveraging vertical markets such as your police dept or healthcare or community or social connectivity.

Again, if you have no direction, you can not complain regarding where you end up. Most newbies never see their 2nd year anniversary. Why? Because the real estate industry is sell'n those newbies train'n instead of opportunity.

The outfit you should join will be the one who demonstrates they have a mutually aligned interest and presents a real plan to get you involved in transactions relevant to your goal, IMMEDIATELY.

You learn by doing, NOT warming a stool in a conference room.

If you fail to heed my warning you will be regarded as a fish. Two years from now, you will be the stupid fish that could not climb a tree. This failure is neither the fault fo the fish or the tree but the one who put them together, the BROKER!

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
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0 votes 2 answers Share Flag
Tue Sep 9, 2014
Dr. Walter Bowman Sr answered:
i have a great loan officer who can help with this particular situation. She specializes in getting people into the homes of their dreams with all types of credit problems. I will also help you search for the perfect home. i am a military veteran so i know exactly how valuable your time is and i will work hard to make sure you and your family are happy. Contact me and i will get to work today. Thanks ... more
0 votes 1 answer Share Flag
Mon Apr 21, 2014
Lanre Folayan answered:
Hello Christopher,

I see that you asked this question almost eight years ago. But the real estate market has changed since then. Want to know how much you should sell your house if you would to put it on the market for sale today? Please go to seller landing page at ... more
0 votes 3 answers Share Flag
Tue Feb 25, 2014
The previous responder is correct that the issue is not as much the lender doing the refinance for you. (I have done several in your are actually as my office is just around the beltway in downtown Silver Spring) The issue is getting your current servicer to take less for the payoff.

May I ask to whom you currently make your mortgage payements?

I am available to help you at your convenience if you wish.

I also offer credit score improvement programs for free while we work on your mortgage.

If you like my answer above, consider clicking on a “Thumbs Up” or “Best Answer”


Robert L. Hanson
Gladewater National Bank
First Time Homebuyer Specialist

Direct: 240-752-7549 Cell: 301-651-7822
NMLS# 695929

Rate quote or live chat with me at the link below:
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1 vote 4 answers Share Flag
Sun Feb 9, 2014
tigger19687 answered:
Also know that some states do not allow this.

If you are serious about this, it would depend on what your score was and how bad your credit history is.
I would find the cheapest rent you can get in order to save up the money for a house.
If you have no credit cards, open an account at a Credit Union.
Then after you have Direct Deposit to your checking account for a year (some maybe less depends on how much a week you deposit) open THEIR Credit Card, ask for just a 500 amount. Then work up from there.
Credit is hard to advise on without specifics.

But steer clear of Rent to own unless you have a Real Estate Agent AND a Lawyer to do the paperwork.... YOUR AGent and Lawyer, NOT theirs !
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0 votes 2 answers Share Flag
Mon Oct 21, 2013
Franches Schnell answered:
You don't have to default on your mortgage to ask for a short sale, but the truth is that there needs to be a financial hardship. With that said, you cant just want to stop paying your mortgage because the property is worth less than what you owe. You need to be going through some hardship that it's making it difficult to make your mortgage payments, because your income somehow decreased (due to medical bills, loss of employment, relocation, divorce, death of a borrower) etc. The point about not making your mortgage payments will impact mostly on your credit report and credit score, which it's more the point of your question. The more missed payments the more your credit will be affected. Hope this was helpful.
Franches Schnell, REALTOR SFR
813 784-2663
Future Home Realty
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0 votes 17 answers Share Flag
Tue Sep 24, 2013
Rebeccatrulia answered:
Hi kmade99

I can't understand what you say. I have a reverse mortgage . Its name is reverse mortgage lenders direct. They are very helpful. You can get any question by search
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0 votes 8 answers Share Flag
Tue Jun 4, 2013
jimmy augustin answered:
Hi wab226,

Usually means seller isn't willing to make any repairs or adjustments or negotiations.
I'd be more than happy to tell you more about it as well.

Be smart, Be careful, Be successful

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0 votes 9 answers Share Flag
Mon May 6, 2013
Takeenya Woodard answered:
Hello Ms. Brown
If you have not already signed a buyer agreement met with a NACA agent. I can help you. I am approved with NACA , I currently have buyers in the NACA program and I also purchased my first home with NACA. So you are defiantly making a good decision to take advantage of the homebuyer program NACA offers.

Takeenya Woodard
Exit Bennett Realty
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0 votes 6 answers Share Flag
Mon Feb 4, 2013
Al Hallivis answered:
I appreciate the correction. Commissions can be as high as 10% total. But I was pointing out the cost for the seller to be 2.5% to 4% (aka 5-8% total as the average). When the customer can get a variety of answers it is helpful. ... more
0 votes 3 answers Share Flag
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