Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

85283 : Real Estate Advice

  • All28
  • Local Info0
  • Home Buying17
  • Home Selling3
  • Market Conditions1

Activity 27
Thu Nov 16, 2017
Sarah Estorga asked:
I am a nursing student
I work part time
My husband is a teacher
It will be 3 years in march since our foreclosure
0 votes 0 Answers Share Flag
Thu Aug 10, 2017
asdf answered:
My question is did your agent not do a price comparison of the surrounding area of what houses have sold for? That data is readily available and the agent should of done their DD on it.
If the seller does not want to come down in price, there is nothing that can be done. The seller will eventually realize that unless someone wants that house that bad, it's not going to sell and sit on the market.
... more
0 votes 17 answers Share Flag
Thu Nov 10, 2016
Scott Godzyk answered:
The inspection is not for the sellers safety but for the buyers. It is part of buying a house and the risk a buyer takes at the buyers expense.
0 votes 2 answers Share Flag
Fri Oct 14, 2016
Karen Peyton answered:
You've probably heard the saying "there's no free lunch"...right?...right! Okay so forget the "free" part and think about paying two to three times the normal price of lunch. Would you? Should you?

Seller financing can be a form a predatory lending. If you are truly considering, get the story first. Call me, I'll fill you in, and send you a list.'s BEST to by-pass this type of purchase to begin with!

I've written a blog on the subject:

Good luck!
... more
1 vote 1 answer Share Flag
Sat Apr 9, 2016
Karen Peyton answered:
Thu Sep 17, 2015
Karen Peyton answered:
An appraisal fee is not refundable. However since you paid for the appraisal, it belongs to you so make sure you get a copy. It will show the homes the appraiser used as comparables along with information about your home. Check to be certain the info is accurate. People are human and sometimes mistakes are made (e.g. you have a pool AND a spa, but only the pool is shown).

Best of luck!
... more
0 votes 2 answers Share Flag
Thu Jul 9, 2015
Terri Club answered:
I had a client who wanted to buy a home in Arizona, but he had a foreclosure. After researching the web I found a loan program at, they allow a mortgage after a foreclosure or short sale. There is no waiting period. Contact them now. They might be able to help you out. ... more
0 votes 8 answers Share Flag
Tue May 12, 2015
Karen Peyton answered:
Since a year or more has passed, what "proof" do you have that you are and were entitled to the commission? I'm not saying your aren't entitled, but the "degree" may be a subjective decision. For example - where you no longer employed by your broker when the commission was earned? If so, consult your employment agreement to find out how much of your actual earnings remain available to you for payment. Does your name appear on the purchase contract or listing agreement? Have you retained these documents? Where you a member of a local board at the time? Local boards hear commission disputes usually company to company.....but....they may have some suggestions. Also consider contacting AAR and finally the department of real estate.

But of Luck! Hurry!!
... more
1 vote 2 answers Share Flag
Thu Sep 25, 2014
Jennie Miller PLLC answered:
A Realtor cannot tell you if improvements to your home will increase the value since Realtors are not appraisers. Only appraisers can tell you if an improvement will change the value of your home.

From a marketability perspective, yes! Homes with solar panels are much more desirable than homes without solar panels.
... more
0 votes 7 answers Share Flag
Thu Sep 25, 2014
Ron, Kristina Wilczek answered:
Here is a great resource:

It's the website for the American Society of home inspectors.
0 votes 6 answers Share Flag
Thu Sep 25, 2014
Ron, Kristina Wilczek answered:
The answer can also depend on the geographic area. Generally speaking I've seen pools valued at $10,000 on many appraisals. On older homes in older neighborhoods I've seen them valued at $7000. However, extreme custom pools in Scottsdale and Paradise Valley can be valued at $20,000-$40,000, and more. ... more
0 votes 4 answers Share Flag
Wed Aug 28, 2013
Vivien L Biggs PLC answered:
Fidelity National Title
60 East Rio Salado Parkway
11th Floor
Tempe, AZ 85281
Tel: (480) 214-4500

More than 35 years in business, you want to make sure whichever Title Company you use, use one that will be there for you in the long term. I have noticed a lot of Title Issues lately and the BIGGER the company the more your protected. My personal view!

Have a GREAT day!
... more
0 votes 6 answers Share Flag
Mon Jul 8, 2013
Gerri Ogilvie Bara answered:
Each purchase situation differs... there are times when it's smart to appraise first and then inspect - and times when the inspection is the best first step. In our current market in Phoenix, we see many homes that are overpriced when compared to recent comparable sales (called "comps.") When the buyer is depending on a loan to buy the home, the bank will only loan an amount that corresponds with the appraised value. In these cases, spending dollars on inspections first can be a waste. If the asking price seems especially high, I will suggest that my buyer clients ask the seller to reimburse them for the appraisal if it comes in below asking price AND the seller won't drop the price down to "meet appraised value." Bottom line here is that every situation is different and your agent will help you analyze the pros and cons associated with your choices... with the objective being to hopefully minimize your expenses if the sale doesn't go through.

Gerri Bara
West USA Realty
... more
0 votes 11 answers Share Flag
Mon Jul 1, 2013
Steffy Hristova answered:
I live and work in Tempe and will be happy to answer questions for you. You are welcome to call me.

Steffy Hristova, MBA, SFR, Realtor®
Tel: (480) 966-9353
0 votes 4 answers Share Flag
Tue Jun 11, 2013
Rebecca Kallhoff Team answered:
I work with some great lenders that would love to help you!
If you would like to get their information please feel free to contact me at 480-275-9566

PS. I look forward to hearing from you soon! ... more
0 votes 7 answers Share Flag
Mon Jun 10, 2013
Lucinda Tkach answered:

Feel free to contact me direct to discuss details of your short sale.

A lender can answer that more specific depending on your circumstances of the short sale.

You may contact lender direct
Bryan Sheets With Envoy Mortgage

You may also log on to my site to contact him through my lender tab and apply and he will get back to you on details.


Lucinda Tkach
... more
0 votes 3 answers Share Flag
Wed Apr 10, 2013
Jennie Miller PLLC answered:
Did you speak with your Realtor about this or call the loan officer's supervisor so that you can get your questions answered?
0 votes 5 answers Share Flag
Wed Feb 13, 2013
I see you asked this question back in September, but I do want to bring something to your attention...

You stated that the properties have been in your family for generations. If you own these properties free & clear, then you should be able to finance up to 10 properties. The key word here is "financed" - so if you own more than 10 properties, but only 5 are financed, you have room for 5 more financed properties.

Please feel free to contact me directly if you have any further questions, I'd be glad to help.

All the best,

Roswell Moore, CMPS
Certified Mortgage Planner
480-422-5095 direct

We are a Direct Lender, Mortgage Bank where we originate, process, underwrite, fund, AND SERVICE our loans, in-house, with FHA (starting at a 580 score AND still only 3.5% down), FHA Streamline refinance loans (NO minimum credit score, NO appraisal required) Go Green rehab loans, HomePath, Investor Friendly (10 financed properties), VA, VA Refinance loans (NO appraisal required on IRRRL loans), USDA loans, Jumbo loans, Conventional loans, plus, we allow Escrow Hold-Backs!
... more
0 votes 7 answers Share Flag
Fri Dec 14, 2012
Eli Flores answered:
Can I get a refund on my appraisal deposit if the appraisal wasn't performed.
0 votes 9 answers Share Flag
Fri Dec 7, 2012
Jeffrey Masich answered:
Dear M Cox

I am assuming by "short sale approved" the listing agent meant the BPO had been ordered and approved the price. However, that price may have been approved with a different purchase contract with different terms other than the price and that buyer may have walked.

Until you receive an "Acceptance Notice" that the seller's bank has approved your purchase contract it is not approved.

Prices are increasing rapidly. The median selling price increased last month to $157K from $150K the pevious month in the Phoenix metro area.

I would recommend reviewing in detail with your broker.
... more
0 votes 3 answers Share Flag
1 2
Search Advice