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Home Selling in Humble : Real Estate Advice

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  • Local Info14
  • Home Buying40
  • Home Selling2
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Activity 17
Tue Apr 5, 2016
John M Walker asked:
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
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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
Fri Jan 23, 2015
USMortgageRanger answered:
Hi Grant,

Please give me a call so i can go over the details in person and see if they can qualify for any of the First TX home programs. I recognize that you are very busy, so I am only asking you to spend 6 minutes with me to discuss your needs so we can determine if we can be of service to you. After answering just a few simple non-credit related questions (I do not need to pull your credit report in advance) I will be able to email you some options that will allow you to immediately determine if we are the right choice for you and your family.
I look forward to working with you to make your dreams a REALITY.

Lowell Sterling
Mortgage Banker
NMLS# 968898
The Federal Savings Bank
Mobile: 469-347-3572
Direct: 512-717-0403
https://www.thefederalsavingsbank.com/LowellSterling
... more
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Thu Jan 8, 2015
James L. Smith answered:
I advise you as the seller to ask for proof of funds or a pre-approval letter from the buyer. After you receive the documentation, verify the account is current and the funds in the statement are correct whether with the lender or a financial institution. This will show that the buyer is able and willing to finance or pay cash for the property. If you want another step of security; you may want to increase the amount of Earnest Money deposited by the buyer. The average amount when financing a property is 1 to 3% of the sale price. If it is a cash deal, many sellera will ask as much as 10% in Earnest money in order that the buyer does not back out of the deal with ease. ... more
1 vote 5 answers Share Flag
Thu Jan 8, 2015
James L. Smith answered:
Yes! A large lot size and an amenity such as a corner lot adds value to your property. All appraisers approach the valuation process differently due to unique market to market conditions but, the fact that you are located on a corner lot will add value to your property and your Realtor should price the property accordingly. ... more
1 vote 10 answers Share Flag
Sun Dec 14, 2014
James L. Smith answered:
The buyer's agent shouldn't have given the buyer access until the lender has funded and title has dispersed the funds. Although, you as the seller, have the digression of giving the buyers permission to access the home...knowing you are at the finish line. Whether you choose to look the other way or file a complaint against the agent is again your decision to make. ... more
1 vote 28 answers Share Flag
Mon Mar 10, 2014
Alan May answered:
It's my understanding that in order to not have to pay the capital gains tax, you have to live in the home as your principle residence for 2 of the past 5 years.

If you only lived in it for one year, I believe you can pro-rate the deduction, but I don't honestly recall how that works. Consult with your tax professional. ... more
0 votes 1 answer Share Flag
Thu Nov 7, 2013
Jay Carroll answered:
Can't lie angry renters are a hazard to getting a good price, and yes if you market to investors you will be okay to put it on the market while they still are living in in the home, because they've all been there, However, you have to be prepared to go below market, but the good news if you can afford to go below market the sale should be quick.... Selling it to regular non cash buyers will be almost impossible, due to problems with standard contract issues such as inspections ,or appraisals ....

Who knows they could also be trying to pull some kind of legal stunt too which happens all the time anymore, and only an investor could or would handle those types of ups and downs. first like some one else on here said to do, please check and see if the lease you signed with them gave you permission to place a lock box on the front door? Not that it's insurmountable but it's a pain if you didn't .. you know unless they are total scum you might make a deal with them tell them if they play ball they won't have to leave until it's sold?

Call me @ 832 659 2070
Jay Carroll
United Real Estate Houston .
... more
0 votes 11 answers Share Flag
Thu Oct 31, 2013
Jim Simms answered:
Depends on why you are sending them out. If I were a new agent I would sit in an open house every weekend in order to meet both buyers and sellers. Offer to sit in other agent’s listings, then send the postcards to all of the neighbors in the subdivision inviting them to my open house. Be picky about the location you choose to sit in, good luck,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. This answer is my personal opinion, has not been reviewed or approved by the company I work for. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.
... more
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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:
Wed Mar 16, 2011
Richard Schulman answered:
There are several routes you can take. Keep in mind, a real estate agent's income is usually completely commission-based. To start off this way, you will need to have money set aside to both finance your business, and live off of, while you learn the business, get clients, and close a deal. This can take some time - I didn't close my very first transaction for several months. It's tough, but patience and hard work can pay off!

There may be opportunities for being a real estate assistant or buyer's agent where you can earn a salary, and have help getting leads, while you are learning the business.

Feel free to contact me and I'd be happy to give you some more tips and pointers.

Best of luck,
Richard Schulman
Keller Williams Realty
(310) 482-0173
schulmanrd@yahoo.com
... more
0 votes 5 answers Share Flag
Fri Jan 29, 2010
Joseph Washick answered:
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