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77339 : Real Estate Advice

  • All13
  • Local Info0
  • Home Buying3
  • Home Selling5
  • Market Conditions0

Activity 11
Wed Jun 14, 2017
Djsjcm answered:
And in our situation our agent is theirs as well and wants us to sign at closing before them,we are the sellers then funded the next day. Way uncomfortable with this as we will be loading and cleaning the day before.
Have sold other houses this is a first.
... more
0 votes 29 answers Share Flag
Mon Aug 15, 2016
Susie Kay answered:
I would suggest that you work with a local realtor to assist you. Your realtor can send you listings according to your criteria.
0 votes 1 answer Share Flag
Wed Mar 23, 2016
Kevan Pewitt answered:
I think the problem you had is you have to be a licensed real estate agent to list a home on Trulia. Trulia does not accept for sale by owner listings. Hopefully, you have been able to sell your home. If not, I highly recommend you hire a competent real estate agent. ... more
0 votes 1 answer Share Flag
Wed Mar 23, 2016
Kevan Pewitt answered:
Trulia.com is not open to for sale by owner listings. The Trulia site is paid for by fees and advertising it charges the agents that participate here. The listings are part of the service that real estate agents pay for up front when they list a seller's home for sale. You might want to consider hiring a real estate agent to list and sell your home. Studies have shown that sellers who utilize a competent agent to sell their home net more from the sale than homes for sale by owner. ... more
0 votes 3 answers Share Flag
Tue Aug 11, 2015
Karen Peyton answered:
No. Buying a home and renting a home are different things. Down payments are for buying - deposits are for renting. Contracts and mortgages are for buying - leases are for renting. It is much easier to rent, than buy. ... more
1 vote 1 answer Share Flag
Sun Dec 14, 2014
James L. Smith answered:
Generally lenders will want to see 24 months pass after the initial Chapter 7. Some lenders will make exception depending on the condition of your credit and current debt to income ratio. A mortgage professional would be more than happy to review your credit and map a plan to recover your credit as well as explore lender options with you. ... more
1 vote 4 answers Share Flag
Thu Sep 20, 2012
Ron Thomas answered:
Lease/Option
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!
... more
0 votes 2 answers Share Flag
Fri Apr 6, 2012
Liubov (Lyuba) Hubbard answered:
Looks like Debbie Rose figured out the situation correctly, but please provide more details if the facts are different.
0 votes 10 answers Share Flag
Fri Apr 6, 2012
Nanci Zimmerman answered:
Thu Feb 24, 2011
Bruce Lynn answered:
We need to get you in contact with one of our Commercial agents who can help you with tenant representation.
The lease prices will depend on many factors, such as location, age, lease type, lease length.
I suggest you hire a professional to do this for you. They're experts and may think of many many variations on terms most people never think about.
... more
0 votes 1 answer Share Flag
Sun Jul 6, 2008
Bruce Lynn answered:
No rules. I think it depends on your situation. If this is a home you will live in and it is the only one you like, then bid to win. If it is an investment property and you can take or leave it then bid agressively. I think you also have to look at the property and what situation it is in and guess what situation the sellers are in. You can also consider the price of the house. Is it overpriced, then bid agressively. Is it under priced, then perhaps you want to bid over asking price. How many other buyers will be interested? I'd guess if it is a decent house in Kingswood the average list to sales price is about 97%, so you can look at the trends and figure out what might be an acceptable starting point. ... more
0 votes 6 answers Share Flag
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