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Indian River County : Real Estate Advice

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  • Home Buying2
  • Home Selling0
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Activity 401
Jonathan Klu…, Real Estate Pro in Boca Raton, FL
Sat Jan 14, 2017
Jonathan Klurfeld answered:
You can yes. I would pay attention to the statistics put out by the FL Association of Realtors though; people in Florida who list with an agent bring an average 22% higher sale price. The statistics are the stats for a reason. That is quite significant, even if you had to pay a listing agent 3% (if buyer has an agent you will typically be paying that 3% anyway). Sure, some can handle it and get the appropriate price. But then there are 50% of the others who clearly, by law of averages, left money on the table versus what they should have gotten for market value.

The bigger questions are 1) do you know how to run comps on your property (not Zillow estimates as those are not comps) on recent sales to determine what you should list the property at? Listing it too high will result in no interest and too low you will sell fat but leave money on the table. And 2) do you know how to market the property. Sure you can put it in Zillow and Trulia and hope someone sees it. But you are missing the #1 resource buyer agents go to; the MLS.

At the LEAST get yourself a good real estate attorney if you still choose not to use an agent. There are lots of mandatory disclosures and legal agreements that you must be familiar with and can get you involved in lawsuits if not done correctly or something is not properly disclosed.
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Jonathan Klu…, Real Estate Pro in Boca Raton, FL
Fri Dec 16, 2016
Jonathan Klurfeld answered:
I dont understand what you mean exactly. The house value is the value. A short sale is where the bank takes less than you owe from a buyer to purchase the property; which may be less tha the property is worth. If you are the borrower the value of the house is really irrelevant. If you are the buyer then you make an offer through your agent which the bank then must approve or deny. That offer may be less than market value OR the bank may only take market value. In a short sale the bank tells you what they will take.

Disclaimer: I am a Florida attorney and licensed Realtor. Information posted or made available on or through this site is not intended as legal advice or to create an attorney-client relationship between you and any attorney/our firm until officially retained. You should consult an attorney for advice regarding your individual situation since every case is different and not all information is relayed in an online question.
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Jonathan Klu…, Real Estate Pro in Boca Raton, FL
Mon Nov 21, 2016
Jonathan Klurfeld answered:
Retain an attorney to assist. The attorney will have to analyze the case and see what is unpaid and what can be done with the bank. The only people who can negotiate with the bank are the people on the loan though, as they have the contractual relationship with the bank and their finances are what the bank looks at.

Disclaimer: I am a Florida attorney and licensed Realtor. Information posted or made available on or through this site is not intended as legal advice or to create an attorney-client relationship between you and any attorney/our firm until officially retained. You should consult an attorney for advice regarding your individual situation since every case is different and not all information is relayed in an online question.
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Paul, Both Buyer and Seller in 11968
Thu Nov 17, 2016
Paul answered:
There are lots of important steps you can take on own to insure you are fully educated on financial aspects of ALL REAL COSTS of Homeownership that will enable you to make a smart investment section about a particular house or condo. Use InBedrock.com to learn about analyzing house purchase price, closing costs, Appraisal, Attorney Fees, mortgage financing/points,
+ Bank Approval Process(how much can I afford with X $ amount as downpayment), RE Taxes + Title Costs, Transfer Taxes, RE Broker commissions, etc. As this will probably be your biggest $ investment in lifetime, good idea to be as informed as possible. InBedrock.com is easy to use/understand, educational and in-depth.
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Gandruscavage, Home Buyer in New York, NY
Fri Oct 21, 2016
Gandruscavage asked:
Diane Christ…, Real Estate Pro in Sarasota, FL
Mon Sep 26, 2016
Diane Christner answered:
Have you contacted the seller's lender? Who's handling your closing, what about the title company representative or attorney? Because all parties to a short sale (buyer, seller, real estate agents, closer) are required at closing to sign an "arms length" affidavit stating this was an arms length transaction and that no one received funds at closing other than what is disclosed on the closing documents. Lying on an arms length affidavit is a huge no no. ... more
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Amberbuddy.i…, Home Buyer in New York, NY
Sun Sep 25, 2016
Amberbuddy.info answered:
Are you looking for the fabulous baltic amber necklaces and bracelets for your kids? Amber Buddy

is the best online store for baltic amber beads, necklaces and bracelets in Australia. ... more
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Cmdarovitz, Home Buyer in Alvin, TX
Thu Sep 22, 2016
Cmdarovitz answered:
Hello Landlord, I am looking for a place for my mom to rent. How about emailing me with the property details? cmdarovitz@yahoo.com
0 votes 2 answers Share Flag
Christine, Other/Just Looking in Outside U.S.
Thu Sep 22, 2016
Christine answered:
Grand Harbor is an amazing community with a wide range of price points. Gated, sidewalks, golf, tennis, marina, beach club....it's own mini-resort.
0 votes 4 answers Share Flag
Bcavallin, Home Buyer in Vero Beach, FL
Sun Sep 4, 2016
Bcavallin answered:
Here is one thing to consider: https://en.wikipedia.org/wiki/List_of_Florida_hurricanes
While I lived in Northwest Florida from '91 thru 2013 hurricanes Erin, Opel & Ivan caused water and wind damage to my site built, single story home. Other off shore storms caused tree and power line problems. Hurricane season runs from June through November and each year I was prepared to evacuate. That includes packing valuables and having enough cash for hotel and food costs not to mention chain saw, auxiliary generator and gas on hand when you return. When power quits so do gas pumps and store refrigerators and freezers.
Sorry Governor Scott, I moved to northern AZ.
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George Dorler, Home Buyer in Boca Raton, FL
Thu Aug 18, 2016
George Dorler asked:
I found a home listed for sale or rent. As I haven't sold my home yet, and the deal looks very attractive, should I rent with an OFFER to buy, or should I let it slip by? It may take 4 -…
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Alan May, Real Estate Pro in Evanston, IL
Sat Aug 13, 2016
Alan May answered:
Age restricted communities are legal. They drew the line at 55 or over... and you are NOT 55 or over. What makes you think they should change the rules for you?
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Stephen Hous…, Real Estate Pro in Sebastian, FL
Sat Aug 6, 2016
Stephen Housenick answered:
Hum....lets see last I knew average household was roughly 42k a year in Indian River County.
College and a sought after profession would boost it up.
0 votes 5 answers Share Flag
Stephen Hous…, Real Estate Pro in Sebastian, FL
Sat Aug 6, 2016
Stephen Housenick answered:
They can in Florida don't see why not everywhere. The things are everyone on mortgage may be responsible and they (mortgage co) may factor in the lowest credit of all that are applying. Hope that helps. For me, I only use a local mortgage company for my needs, I like being able to sit down at their office. ... more
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Stephen Hous…, Real Estate Pro in Sebastian, FL
Sat Aug 6, 2016
Stephen Housenick answered:
Suggest you can start looking, by looking you can get a feel for the market prices and what each condo association has to offer. The issue may finding a realtor that is willing to show you condos knowing that you may have to wait to sell your mobile home first. My question is you have no bites yet? Why would you only have 30 days once its sold to get out? One thing also to consider is some condo associations require approval prior to purchase this could take some time for approval. I have been able to have one go thru in a couple of weeks. let me know if I can answer any more questions

Steve
Furst Company of Vero Beach
772-584-7318
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Stephen Hous…, Real Estate Pro in Sebastian, FL
Sat Aug 6, 2016
Stephen Housenick answered:
At this time it appears to be about 1652.00 quarterly for a 2 bed 2 bath unit.
0 votes 1 answer Share Flag
Tom D, Home Buyer in Vero Beach, FL
Tue Aug 2, 2016
Tom D asked:
Celenihan, Home Buyer in Vero Beach, FL
Sat Jul 30, 2016
Celenihan answered:
0 votes 14 answers Share Flag
Lb0024, Home Buyer in Andover, MA
Sat Jul 23, 2016
Lb0024 answered:
As a buyer, I totally agree with the comments about offering a flooring allowance. Yes, dark carpets are a bit of a turn off in LR/DR, but when I see that the seller recently installed new carpet, that's even more of a negative. I prefer hard wood and now since the sellers already paid for carpet, I have to rip it out and I feel they are less likely to negotiate on price. I see the flooring allowance as a win-win: you spend less, I spend less, and I get what I want. ... more
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