Well if you are looking forward to renting any property then it is better to find an opportunity to own that property through any means. For which you can get every available financial option to fulfill your dream.... more
A Realtor can answer these questions for you by creating a Comparable Market Analysis. I create mine by looking for homes that have sold with similar square feet and other variables. Data from the MLS is the key here as that is the true data of what has sold. Realtors have access to this data unlike the data that some other free sites pull from. I have seen some "free sites" that state the average value of homes in 32205 to be just under $70,000, but you need to understand that 32205 covers Riverside, Avondale, Murray Hill and parts of Normandy. So there are many price points in one zip code.
I am probably the greatest proponent of Open Houses in the U.S.
My name should be in the Guiness Book for Open Houses!
But, I have failed every time I have tried to hold one on a HOLIDAY.
The reasoning just does not translate to traffic.... more
There is some good information in the answers below.
To summarize: Yes, HOAs can foreclose on a Florida property if it is in their Deed Restrictions (and it is). However, they are a JUNIOR lien if there is a mortgage on the property, which means they cannot take possession or actually get any money until the first lien (the mortgage) is paid.
In case of a short sale, it is recommended by many attorneys to keep paying the HOA even if you stop paying the mortgage. More than one short sale has been derailed by an HOA who refused to cooperate with the negotiations, even though banks have limits as to how much they will pay. The HOA does not care about the bank's rules. They want their $$$. If you are current on the HOA, this is not an issue.
Great question, and hope you have found this to be helpful. If we can be of further assistance, please contact us.
Sharon and Frank Alters
Coldwell Banker Vanguard Realty
http://www.federalhousingtaxcredit.com is a website owned by the National Association of Home Builders, they are not an authority on tax information. It does have some information that contradicts the IRS info.... more
That's right, James...
If you saw your house on Trulia and you want to adjust the price, you should be in contact with your listing agent.. As Lori said, only your listing agent has the authority to change anything on your listing. All these other websites (Trulia included) pull from the local MLS and update their information on a periodic basis. Some update more frequently than others, some taking as much as a month to update. We are now a technology driven society and everything is on the web these days, so it's important that your agent has a good marketing strategy that includes feeds to as many websites as possible.... more