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Madison County : Real Estate Advice

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  • Local Info0
  • Home Buying1
  • Home Selling0
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Activity 269
Jerry B, Home Owner in Madison, AL
Fri Aug 28, 2015
Jerry B asked:
Stormylena, Home Buyer in Oklahoma City, OK
Thu Aug 20, 2015
Stormylena answered:
Bargain with the mortgage lender to pay the closing costs. Mortgage companies are eager to sell their foreclosures and begin recouping their losses. Lenders are more open to negotiations if a property attracts little interest. Talk to the lender handling the foreclosure, and ask them to pay the closing costs to eliminate your out of pocket expense.
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1 vote 10 answers Share Flag
Kevin Cook, Real Estate Pro in Athens, AL
Fri Jul 31, 2015
Kevin Cook answered:
Madison is a strong area for resale's, the best resale's are well maintained homes themselves and updated. Most neighborhoods in Madison are well maintained and have covenants that are enforced. As it is a fast growing City that is close to everything with an excellent school system, all a neighborhood needs is the particular amenities that an individual would want and/or need to be a better choice than the others. ... more
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Kevin Cook, Real Estate Pro in Athens, AL
Fri Jul 31, 2015
Kevin Cook answered:
The value of the barn will depend on condition and the buyers need for the barn. Will it be used for events? and produce income? Are the buyers into events and need a training facility? If not the barn will not add as much value. ... more
0 votes 3 answers Share Flag
Kevin Cook, Real Estate Pro in Athens, AL
Fri Jul 31, 2015
Kevin Cook answered:
Your home if it is listed in the MLS should be on Trulia after 3 days.
0 votes 4 answers Share Flag
Tishashuntaye, Home Buyer in New York, NY
Thu Jul 16, 2015
Tishashuntaye asked:
I was trying to help my cousin and her kids by getting an apartment for them in my name. She lost her job and couldn't afford rent. But now I need more space for my kids and I. Could…
0 votes 0 Answers Share Flag
Mike Owens, Real Estate Pro in HUNTSVILLE, AL
Tue Jun 30, 2015
Mike Owens answered:
0 votes 9 answers Share Flag
John.kross, Home Buyer in Huntsville, AL
Thu Jun 11, 2015
John.kross answered:
Here in California it means it is not up to present building codes and work is required before one is able to obtain a building occupancy permit, which means you are not supposed to live there until "fixed" or you would be liable if someone gets hurt. It could be something as simple as handrails at stairs or GFI receptacles at sinks and outdoors, or it could be substantially more involved, such as structural work, or mold mitigatigation, or the presence and damage of termites. ... more
0 votes 3 answers Share Flag
Christopher…, Real Estate Pro in Virginia Beach, VA
Sun May 31, 2015
Christopher Fritts answered:
I do not believe you can change the public records on Trulia for your home. Trulia will not allow you to place a For Sale By Owner listing on this site. If you list your home with an agent, he/she can upload photos to the MLS system which will then populate to Trulia within 72 hours. ... more
1 vote 1 answer Share Flag
Anna M Brocco, Real Estate Pro in Williston Park, NY
Thu May 21, 2015
Anna M Brocco answered:
Rent to own is really not a good idea, therefore consider fixing whatever is preventing you from purchasing outright. Rent to own can be risky and one could stand to lose a bit of money, it favors the owner; therefore inform yourself well in advance of your search, and consider consulting with an attorney who specializes in real estate before considering the idea and or before signing any agreement. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright, or simply continue renting until a purchase can be made. ... more
0 votes 1 answer Share Flag
jklkjk kj, Real Estate Pro in Huntsville, AL
Thu May 14, 2015
jklkjk kj answered:
I have lots of resources that will be able to help you guys.

Give me a call at 256-701-4636 and I will help you with you scores and help you find a home.

Thank you.
0 votes 1 answer Share Flag
Trevolyn Hai…, Real Estate Pro in Highland, CA
Thu Apr 30, 2015
Trevolyn Haines answered:
Here is a really great article on the subject:
0 votes 2 answers Share Flag
Sally Grenier, Real Estate Pro in Boulder, CO
Mon Apr 20, 2015
Sally Grenier answered:
Aahhhh. I see you're a FSBO.

Here's your listing on zillow:

Public Records listing:

Two very different things. If you want your correct property info to show up on Trulia, you'll have to list it with a REALTOR.
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0 votes 2 answers Share Flag
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tue Mar 24, 2015
Tim Moore answered:
These website only advertise property, they do not actively rent or sell or loan money. They just provide space that anyone can advertise.

Assume that all rentals here are scams. They will want you to send money to them for some reason. Don't!! Those are the scams and they are abundant here.

To report a scam listing:
Go to the listing - find the link named MORE, under it is a drop down menu with FLAG - Click it

Also - Never Ever send money = those are scams. Never pay for an application = those are scams
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0 votes 1 answer Share Flag
Galia Taneva, Real Estate Pro in Sunnyvale, CA
Tue Mar 17, 2015
Galia Taneva answered:
Jennifer Com…, Real Estate Pro in Huntsville, AL
Sat Mar 14, 2015
Jennifer Combs Minyard answered:
Just a follow up for you ... that home sold on February 26, 2015 for $55,000 cash and it was a foreclosure.
0 votes 2 answers Share Flag
Jennifer Com…, Real Estate Pro in Huntsville, AL
Sat Mar 14, 2015
Jennifer Combs Minyard answered:
That is not always the case. Your first step would be to contact a reputable local lender and find out where his credit is right now. If there are any issues, like a lack of a credit score or very little active credit lines, you have time to make any adjustments you need to now so that you are ready when the time comes.

There are mortgage programs that allow for non-traditional lines of credit which would include the rent you pay, your cell phone bill and perhaps even your car insurance or utilities. Those mortgage approvals have to be manually underwritten so that can delay the process that's why I always recommend, if you know you are in this category of buyer, start now to make a plan of action,

Please remember, the lowest price or fees does not necessarily make the best lender and the one who advertises on the most radio stations isn't always the one you want to call either. Do some research and speak with a local realtor. They can tell you from past experience which lenders they have SUCCESSFULLY closed transactions with and that's where your focus should be placed.
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0 votes 5 answers Share Flag
Jennifer Com…, Real Estate Pro in Huntsville, AL
Sat Mar 14, 2015
Jennifer Combs Minyard answered:
Homes in our area are actually selling for about 96-97% of list price at this time and that has been the case for several years now. Professionals here know when we list a home, we HAVE to price it where it should logically sell so we aren't inflating prices. There are some specific communities that vary a little bit.

Depending on the situation, most buyers are also asking for some assistance in paying closing costs. So if you are thinking of listing your home, be prepared for that to come on virtually any offer you receive.

You can sometimes roll those expenses into the price of the home. For instance, if your price was $225,000 and the buyer asked for $5,000 in closing costs too, you may be able to say yes, if they will agree to purchase the home at $230,000. However, the home must appraise for sales price or greater so be aware of that before you tack on that amount. An excellent agent will explain the possible scenarios and make sure you are prepared.
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0 votes 1 answer Share Flag
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