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Lincoln : Real Estate Advice

  • All92
  • Local Info6
  • Home Buying31
  • Home Selling8
  • Market Conditions1

Activity 98
Thu Dec 26, 2013
Debra (Debbie) Rose answered:
Let's hope by now - 1.5 years later - the house has sold!
0 votes 14 answers Share Flag
Fri Dec 20, 2013
Leanna Millard asked:
None of the houses for sale through our office are showing up on Trulia. Can you tell us what we need to do in order to make this happen. Thankyou
0 votes 0 Answers Share Flag
Sun Dec 1, 2013
rbeck answered:
Sat Nov 16, 2013
rbeck answered:
Great mid-western values. Super college town. Football is a religion not a sport! :)
0 votes 2 answers Share Flag
Wed Oct 30, 2013
Jack Gregg answered:
Without actually seeing the house in person and only viewing the MLS listing, it appears to be priced well. Give it some time. It should sell at that list price. But listen to your agent. The market will dictate the market value. Every property is only worth what someone is willing to pay for it. Good luck with your sale. ... more
0 votes 1 answer Share Flag
Wed Sep 11, 2013
Bill Rose answered:
Hi Elvis,
I am sure you have either countered or have accepted an offer by now. I am going to respond to your question anyway.There 2 main factors involved in a counter.
#1 is what is your property really worth in today's market. Have you had a comparison of similar recently sold properties done by your agent or have your had a professional appraise your property?
#2 What amount you are willing to accept to sell your property for?
Some offers are just preliminary probes to see if they can get a steal and some like your property very much and are willing to buy it. You agent should be able to give you an idea of what kind of offer it is and you should counter accordingly.
Bill Rose
LincolnFirst Realty
... more
0 votes 4 answers Share Flag
Wed Sep 11, 2013
Jon Herms answered:
Lincoln is a great 'big' city! With top name brands available in our malls, to the silicon prairie feel of our haymarket area, to the entertainment provided by the new Pinnacle Bank Arena. Lincoln, NE maintains a strong economy backed by wonderful and caring people! We couldn't imagine a better place to live!

Thanks Bill for reminding us how great Lincoln really is!
... more
0 votes 1 answer Share Flag
Tue Sep 10, 2013
Juanita answered:
Your ads indicate that you have say "27" photos, show about 6-7, and then there is not a tab that I can see that will advance to all "27" photos. What do you do to accomplish this.
0 votes 2 answers Share Flag
Mon Sep 9, 2013
Gregory Bard answered:
The county assessed value is not always what the house is worth. Your real estate agent will have the better idea of what your house is worth. What has been the feedback on your house after the showings? That will give you an idea why your house is not selling. It could be as easy as repainting a room or two. If your house is smaller in size, you might want to rent out a storage unit and get rid of some of the times that you are not going to use. That will make the house look bigger. I hope this helps you out.

... more
2 votes 3 answers Share Flag
Sat Sep 7, 2013
Bill Rose answered:
There are a number factors involved here. It is possible that renting could be higher priced than buying a property. That also depends on the down payment funds. If you can buy a property, instead of renting one, you will be ahead of the game. If funds are not available for a down payment, you may wish to go to rental properties near the school.on the internet . Call us if we can help!
Bill Rose & Lynne Maxwell
LincolnFirst Realty
... more
0 votes 4 answers Share Flag
Thu Aug 29, 2013
Bill Rose answered:
Hello Sherry,
If the home is a nice property, well cared for, and priced correctly (less than $130.00 per square foot) it will not last long. We have listed a number properties that have sold in less than 1 week in the near south of Lincoln. If you have other questions, please call me at 402-890-4004.
Thank You,
Bill Rose and Lynne Maxwell
Lincoln First Realty
... more
0 votes 2 answers Share Flag
Wed Aug 21, 2013
Brian Nguyen answered:
Brian Nguyen, Mortgage Broker or Lender, Mission Viejo, CA
You should shop around and look at different lenders and see what they can do for you. When applying for a loan, lenders like myself will need to look at several different things though if you are trying to prequalify for a loan.

1) Proof of income for each person that will be on the mortgage which can be demonstrated through: one month of pay stubs, previous year's W-2 forms and tax returns, official documentation to demonstrate other forms of income (alimony, child support, etc.), and two year's tax returns if self-employed (all schedules, all pages)
2) Credit Report which they will pull
3) Employment History
4) Personal assets such as: Recent balances and statements for bank accounts, most recent account statement demonstrating market value of any investments (stocks, bonds or certificates of deposit), documentation showing interest in retirement funds, face amount and cash value of life insurance policies, value of significant pieces of personal property, debt information, the balances and account numbers of your current loans and debts, including car loans, credit card balances and any other loans you may have.

If you have any other questions or need a loan please contact me through the information on my profile page!

Hope this helps and good luck!

Brian Nguyen
Sr. Mortgage Banker
NMLS # 659743
Phone: 949.667.2887
... more
0 votes 6 answers Share Flag
Tue Jul 23, 2013
Dave Bader answered:
I have a couple rent to owns available. Require $4000 down and we set up a monthly payment and purchase price.

Let me know if you want anymore details,
0 votes 3 answers Share Flag
Sun Jun 23, 2013
Amanda answered:
Just upsetting because we are new home buyers and haven't even lived here a full month. I would rather it be the door than the foundation. Thank you all for your answers. Also as to owners not knowing I think they did because this can't be the first time it has ever happened with the rains we have had before this month of storms. ... more
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Mon Apr 22, 2013
eigstib1 answered:
yes if between 20th -35th street it is
0 votes 5 answers Share Flag
Sat Mar 30, 2013
Don Tepper answered:
First, being on the market "almost a month" doesn't mean much in most areas. Lots of areas have an average "days on market" of 45, 60, or even more. You're saying yours is much less than that.

Second, a better test is how much "traffic" you've had. How many viewings? How much interest. That can tell you a lot more about whether the pricing is OK and whether it shows OK.

Third--looking at the specific listing--the place looks like a dump. I know it isn't, but that's the way it looks.

The photos are horrible. They're blurry, out of focus, and poorly exposed. They're also poorly composed, and the digital dating in the corner shows sloppiness. That applies to all the photos. They're actively working to keep your house on the market indefinitely. And what they're showing isn't too great, either. Here are a few examples:

#1: Blurry. Left-hand side should be cropped a bit to eliminate the house there, but leave most of that nice tree. Looks like there's something lying on the left-hand side of the driveway about halfway up. That shouldn't be there.

#2: Blurry. Come in a bit closer or crop the right-hand side to eliminate the pole.

#4: Blurry. That furniture is oversized. Meanwhile, you've got that dinky little table with some poor plants, and a TV above. Poorly exposed because the camera averaged the indoor and outdoor light. It should have been exposed for the interior.

#6: Blurry. Get rid of that rag on the stove. Seriously. And take EVERYTHING off the counters. You don't have much counter space; don't emphasize that by putting things on it.

#7: Blurry. Poorly exposed. Get the junk off the counter. Hide the trash can.

#9: Blurry. Poorly exposed. And this isn't about your furniture; it's about your house. Staging the table is fine, but the photos should NOT focus on your furniture. They should highlight the rooms. You can barely see the room in this picture.

#10: Blurry. Poorly exposed. And all this picture tells me is that the room has a window that opens.

#15. Blurry. Repaint the walls a neutral color.

#16: Blurry. Repaint the walls a neutral color. And move that sofa; maybe a quarter of the picture is taken up by the back of that sofa. Remember: Focus on the room, not your furniture.

#18: Blurry. Poorly exposed. And unless you're selling the computer, desk, and chair, move them. Again, focus on the room, not the furniture.

#19: Blurry. Poorly exposed. Repaint the walls a neutral color. And eliminate all those pictures above the headboard.

#20: Blurry. Poorly exposed. I don't even know what this shows. It looks like a poorly-done add-on to the back of the house where you've put a wet bar.

#23: Blurry. Poorly exposed. And clean up that area. The big drainage pipe, the kid's play house, the seemingly overgrow weeds on the right.

#24. Very blurry. And get rid of the laundry basket and trash can. On the right, align the washer and dryer.

#25: Blurry. It looks like a small but OK deck...ready for a yard sale of old yard furniture. At a minimum, get rid of all the stuff over on the right.

#26: Blurry. Poorly exposed. And what have I told you about focusing on the property, not the furniture?

I'm not saying redoing the photos along the lines I've suggested will ensure a sale. But I do know that the photos (and what they display) are actively discouraging potential buyers.

Hope that helps.
... more
0 votes 3 answers Share Flag
Sat Mar 9, 2013
Doug Mathers answered:
Just south of Highway 2 on 70th Street
0 votes 1 answer Share Flag
Thu Jan 24, 2013
Kyle Gregg answered:
Fri Nov 9, 2012
Ron Thomas answered:
Understand that the LISTING PRICE has one primary objective, to attract attention: It is not intended to be set in stone, and in many cases it is not even a good guideline toward the SELLING PRICE.
Some Sellers believe that by setting the LISTING PRICE high, they can always come down, and people will make an offer anyway: WRONG! Buyers will just bypass the property and look at houses that are within their price range. And six months from now, the Seller will slowly start lowering the PRICE, (this is called “chasing the curve”) and Buyers will be asking the question; “What’s wrong with that house?” and “Why has it been on the Market so long?”
Other Sellers set the LISTING PRICE low, to attract multiple offers. (The correct strategy.) We are asked; “Aren’t you obligated to sell at this price if someone offers it?” The answer is probably not; for that to happen, you would first have to have only one offer, and secondly, the offer would have be exactly the same, down to the smallest detail, (please discuss this with your Realtor).
Another thought; Buyer will search for potential properties by groups; for example, $400,000 to $450,000, and $250,000 to $300,000. If your house is priced at $460,000 or $310,000, the Buyers will never see it. (something else to discuss with your Agent.)
Different Banks have different philosophies about pricing their properties: You cannot draw any conclusions without a good analysis.
Have your Realtor do a CMA, (Comparative Market Analysis) to help you determine your Offering Price. It is the surest way to determine the Market Value of the property.
... more
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