If you are working with an agent, please be sure to follow their advice over mine, as they are your local professional. Sometimes parties to a deal can start to make it so legalistic that they scare each other away. If you trust your inspector(s) and their report(s), then rely on that information to decide if there are any problems that would cause you to walk away. It sounds like there has not been, as you may be interested in taking the seller's counter offer to cover 1/2 of the repairs. In my state we don't use "release of liability", but we put it in terms of having satisfied the inspection contingency. They may want release of the "liability" of any repairs now & after closing. For the question of "is it common" you need a local professional. I can help you locate a local agent if you don't already have one. Does the seller have an agent if you don't? If so, ask that agent what they mean by the "release of liability".... more
ONLY Realtors can access the MLS, so anyone whose in the MLS is a member of the Association, and therefore a Realtor. Because Trulia takes their info from the MLS, and because Trulia says there are 1001 agents in Fort Wayne, my guess is that's your number of associated agents who have access to the Fort Wayne MLS. The best bet for finding one that's right for you is to ask people you know and TRUST for recommendations. If that doesn't work...start reviewing profiles on Truia and pay attention to what others say about them, then open a dialogue with any that appear to be a good fit. Best of luck.... more
Hi Krisinpotts82! While I do not see any rentals listed in this addition there is always the possibility of a seller who has been unable to sell traditionally and is willing to work with you on a land contract. What is your long term goal?... more
Sarah, the owners would like a one or two year rent to own contract. Does that work for you?
If you do not have your current home listed, I will be happy to do an analysis of the market you are in. This analysis will contain an estimate of how much cash you can expect to net at closing, and how quickly that should take place.
Short sales are difficult at best to get to close. The bank doesn't have to accept your offer. The way the process works is once your offer is submitted the bank orders an appraisal or BPO. The bank then decides o if they are going to counter or accept. The listing price and the seller acceptance doesn't matter to the bank. The bank only cares about the net and won't accept an offer unless they get the required net. The net is based upon the as is appraised value and after all the expenses are paid.
You must have patience to close. It usually takes a minimum of 3 months to close and in the end you
could end up with nothing.
Also the home must appraise out for what you have offered or you would have to bring that extra money to closing or you would have to walk away.
We have an REO listed in the Historic Oakdale District on 459 Englewood. (I block over from Oakdale). Needs work but priced very nicely at $67,500. Home was purchased 6 -7 years ago for $98 K. Please check it out on the MLS.
Call or email Chip Perry at 260-341-5038 or firstname.lastname@example.org if you have any interest in this home.... more
You would have to get a variance from the city to put a manufactured home on a city lot. It is a fairly simple process. Just call down to the zoning board and you can sign up to go to the next meeting. Your home would have to be put on a permanent foundation and I do not believe they would allow a singlewide.... more
I am very versed in foreclosure and the process. After the sheriffs sale, it is final. The sheriffs sale is the last stage of foreclosure. This is how the bank gets the deed to the property. At this point, you are considered a tenant and they will have to evict you. The eviction is about a 30 day process. Some banks will allow you to buy the home back after the sheriffs sale, so you might call them. If a 3rd party purchased the home at the sheriffs sale, they may be willing to work out a deal with you.
There are to many variables for me to give you a very clear answer. If you would like to call or email me, I am happy to go over it with you. I work with many banks and know how they will handle your home and you being in the home. Worst case, you will have 30 days to move. But DON'T do anything until you talk to whomever got the home at the sheriffs sale. A lot of times they will offer you "cash for keys" which is money to help you move.
again, feel free to contact me if you need more answers.
Hi Carmela, Oakhurst is in St. Joe Township. If you are interested in this area we have a great listing for you to see. 3 bedroom 2 bathroom ranch home just reduced to $89,900! Please contact me to schedule a private viewing of the home. I have more than 27 years of local real estate experience and will be happy to show you other homes in the area as well.
Ken Richardson Realty Company
Office: (260) 422-1888
Cell: (260) 413-6058
E-mail: email@example.com... more