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33458 : Real Estate Advice

  • All43
  • Local Info2
  • Home Buying17
  • Home Selling10
  • Market Conditions1

Activity 37
Thu Oct 27, 2016
Renatoclascano answered:
YES: some of the best reason for cancelling a listing contract if you are dissatisfied:
1) If you signed a listing agreement and they haven't given you a copy of what you signed, the agreement is considered null & void. If they insist of suing you, tell them you will see them at Real Estate Council (in case of Ontario province, it is the RECO (Real Estate Council of Ontario).
2) You can tell them you no longer wish to continue and you got a refinancing for mortgage.
3) Find a loophole in the contract, like signatures, dates, additional conditions. Just slight mistake will give you a hand in voiding it.
4) if you had a copy of the agreement, send it to a real estate lawyer, they know what to do.
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0 votes 14 answers Share Flag
Wed Oct 19, 2016
Virginia O'Haire asked:
my listing is in MLS , RX-10273449
My picture is not on your site, other peoples are advertised instead. Help fix this asap.
Virginia O'Haire agent with The Keyes Company
0 votes 0 Answers Share Flag
Tue Jun 7, 2016
Greg asked:
Sat May 28, 2016
Sonfulsonja asked:
Wed Apr 27, 2016
Melissa Dyksterhouse answered:
Hi Steve,

You can post a For Sale by Owner on Trulia. To post your home for sale by owner on Trulia, click the link below and select “Submit listings for sale.”

http://www.trulia.com/submit_listings/

You will be redirected to our partner site, Zillow. Once you’re on Zillow’s posting page, please make sure to select “For Sale by Owner” under the address field. Once you activate your listing on Zillow, it will appear on Trulia within 24 hours.


Thank you for using Trulia!

Melissa
Consumer Care Manager
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0 votes 3 answers Share Flag
Mon Feb 15, 2016
Cherjohnson82 answered:
I am the seller and the deal is asking me to bring $9,000.00 to closing. I didn't sign all the papers in the contract. Does this make the contract invalid? I have printed the pages I didn't sign.

Help please answere.
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0 votes 12 answers Share Flag
Fri Nov 20, 2015
Tom Priester answered:
Clyde,

Closing costs are determined by a number of factors but if you are financing the purchase most will be related to the note. Cash transactions are usually just a couple hundred dollars and depend almost entirely on who is utilized to do the title work and close the transaction.

When a loan is involved there will be surveys, appraisals, document stamps on the note, owners title insurance for the lender, origination fees, prepayments for insurance and property taxes the list goes on. Your best bet, just like when interviewing real estate brokers is to contact at least three mortgage brokers and have them compete for your business. We have some awesome mortgage brokers we work with and if you need any recommendations please feel free to contact us at your convenience.


Fins up......


Tom Priester
Principal Broker

Paradise Sharks
561.308.0175
info@paradisesharks.com
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0 votes 2 answers Share Flag
Tue Aug 11, 2015
Tom Priester answered:
Heather,

Be careful out there and make sure you are making educated decisions. Clearly identify your goals and a qualifies real estate broker will be of great help. If you are looking to do a flip it is totally different that if you are looking to do a home for your own use. We aren't the Property Brothers but we are the Paradise Sharks and would be honored to be on any list of brokers you may decide to interview.

The very best of luck to you and if we can be of assistance in any way, please let us know.


Fins up.....


Tom Priester
Principal Broker

Paradise Sharks
561.308.0175
info@paradisesharks.com
... more
0 votes 1 answer Share Flag
Fri Jun 5, 2015
Chad Barrett Penner Esq answered:
Unfortunately, you have got yourself in a pickle. Advice from a licensed real estate attorney is the best course of action. Real property is unique. There in lies the problem with being able to just change your mind while under contract. Normally, you can breach a contract and just pay the damages suffered by the other party or what was already agreed upon in the contract. Although you are under contract and that contract closing date has expired, the decisions of many court cases normally favors a fulfillment of the contract. From what I remember, the courts use the terminology "reasonable time to close" in these situations. Do to real property being unique, courts may favor what another person called specific performance. In a nutshell, the courts may force you to sell your property to the buyer if the buyer is able to pay you for it under the terms you originally agreed upon within a reasonable time frame of the original agreed upon closing date. What that time frame is is up to a judge to decide. Contact a lawyer. They are not always as expensive as some may think, and they are usually worth the cost. ... more
0 votes 4 answers Share Flag
Sat May 23, 2015
Tom Priester answered:
Holdridge,

It is hard to say without knowing what the contract you signed stated. If you signed a standard Florida As-Is Contract, which is used on the vast majority of purchases here in Jupiter, and you are still within the inspection period and no additional terms were added you should be able to cancel the contract without recourse. These contracts are truly nothing more than a free option on the property during the inspection period.

If you have no contingencies left your earnest money deposit is at risk but sometimes walking away from those funds can be a wise decision depending on your circumstances. You should sit down with the broker who is representing you and go over the details of your particular contract.


Fins up....


Tom Priester
Principal Broker

Paradise Sharks Real Estate
561.308.0175
tom@paradisesharks.com

www.paradisesharks.com
... more
0 votes 14 answers Share Flag
Sat May 23, 2015
Tom Priester answered:
Mary,

I hope that by now you have found your perfect home here in Jupiter. If you want a condo in Abacoa your only option is in the downtown area but with children who love baseball that is a great spot to be especially during spring training. Keep in mind that association fees are fairly high on Abacoa condos and there are many other options in the Northern Palm Beaches. If a town home would work it opens you up to every neighborhood in Abacoa except Valencia.


Fins up.....


Tom Priester
Principal Broker

Paradise Sharks Real Estate
561.308.0175
tom@paradisesharks.com

www.paradisesharks.com
... more
0 votes 9 answers Share Flag
Sun Apr 26, 2015
Tom Priester answered:
Michael,

Not sure I am following your question but once you receive a loan commitment you should be very close to closing the transaction. Borrowing money is not for the faint of heart these days but a direct lender with in-house underwriting can make the process a lot smoother. We have mortgage partners who can get deals down in 14 days but you must be well prepared and be able to get them all of the documentation they need very quickly.

I hope this helps and if we can be of assistance in any way please feel free to reach out to us.


Fins up.....


Tom Priester
Principal Broker

Paradise Sharks Real Estate
561.308.0175
tom@paradisesharks.com
www.paradisesharks.com
... more
0 votes 2 answers Share Flag
Tue Nov 4, 2014
Lynn Brock answered:
If you are married and your husband purchases a house and chooses to homestead it, according to Florida State law your name needs to be on the deed.
0 votes 1 answer Share Flag
Mon Nov 3, 2014
Tom Priester answered:
Daniela,

There is good news for you and others looking to buy in the Northern Palm Beaches. The median single family home price is down 10% in the Jupiter area over the past 4 months and pending home sales are at the lowest levels we have seen in year. Inventory still at very low levels but up last month for the first time in 8 months. A well prepared buyer can find a good deal if they are looking in the right are and have the ability to act quickly.

For the latest pending home sales article from the Paradise Sharks check out our blow here on Trulia at this link;


http://www.trulia.com/blog/tompriester/2014/11/jupiter_pending_home_sales_remain_weak


Fins up......


Tom Priester
Principal Broker

Paradise Sharks Real Estate
561.308.0175
tom@paradisesharks.com

http://www.paradisesharks.com
... more
0 votes 4 answers Share Flag
Fri Jul 18, 2014
Frank Gaudino, PA answered:
Like my fellow professionals have stated, rent to own's have seem to become more rare as the market conditions in our area have gotten better and better for sellers. With property values increasing, sellers are questioning offering a price at the start of the "rent to own" time period. If they offer you a price at the beginning of your rental period, they may be missing out on thousands of dollars at the end of your rental caused by an increase in market value. If you were to find a rent-to-own type of property,it would be extremely important to make sure that the rental with option to buy is worded properly. Sometimes what may happen is the tenant may think that he has the option, but the contract is worded to benefit the seller only.

Good Luck, and feel free to reach out with any concerns or questions.
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0 votes 3 answers Share Flag
Thu Sep 26, 2013
Thomas Moser answered:
No they are not. I understand why you might want that but I cannot imagine why an agent would release that information.
0 votes 11 answers Share Flag
Wed Sep 25, 2013
J answered:
Good opinions below! I will add that to ensure correct interpretation of the contracts, please make a quick phone call to your local real estate attorney. The contracts, at least in my neck of the woods, are in part created and approved via the bar association. For questions such as this I inquire with the NC Real Estate Commission's legal department or an appropriate attorney. Good luck to you and thanks for the question. ... more
0 votes 8 answers Share Flag
Mon Jan 28, 2013
Joan Lorberbaum Moore answered:
My best advice to give you is that you should check with your CPA to answer tax advice questions as they are professionals in that field.

Good luck!
0 votes 1 answer Share Flag
Wed Jan 16, 2013
Teresa duPont Fredricks answered:
Hi Gumbina,
I would suggest getting ahold of the owner's attorney or bank's attorney to discuss further.
Did you have a security deposit with them? I would be available later today to discuss this with you,if you will call me @ 561-315-8366 or email: teresafredricks@msn.com
Look forward to hearing from you.
Teresa Fredricks
Keller Williams Realty
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0 votes 2 answers Share Flag
Sat Dec 22, 2012
Julie Rosenthal answered:
Hi, hongyu11
Thank you for your question about comparing $400,000 homes within 5 to 9 miles of Rialto. Your question brings to light the diversity of choices n this area. I recommend you work with an experienced area Realtor. The size of the lot, age of the home, size and design of the home, restrictions or non restrictions of the community, amenities and location of the community, all make a difference . Your "must have" and "would like to have" qualities and features lists will help your Realtor suggest super choices for you in Jupiter, Palm Beach Gardens, Tequesta & Juno Beach!. Please see All listings and get Free valuable information at www.BUY-SELL-RENT-FLORIDA.com. Call Your "Go-To" Jupiter expert Realtor Julie Rosenthal (561)827-6789. Email: julier6789@gmail.com Property Brokers International ... more
0 votes 4 answers Share Flag
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