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Home Selling in Marshfield : Real Estate Advice

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  • Home Buying9
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Activity 4
Mon Dec 4, 2017
Faith answered:
Hello,

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 activate your listing on Zillow, it will appear on Trulia within 24 hours.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:
http://www.trulia.com/help/ask/

Thank you for using Trulia!

Faith
Consumer Care Advocate
http://www.trulia.com/help/ask/
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0 votes 1 answer Share Flag
Fri Apr 28, 2017
answered:
Do you need to wait 6 months to refinance - Fannie Mae and Freddie Mac do not have this requirement at this time. I'm aware of lenders in the past that did have this requirement and it might still be out there. At Gulf Coast Bank you can apply for the refinance while the house is still listed but it has to be removed from the market before closing.

Regarding the definition of cash out pertaining to your 2nd mortgage - If your 2nd mortgage was executed on the same day as the purchase it will not be considered cash out.

Some lenders and product options will limit the amount of money you can take out if the property was listed for sale within 6 months but if you are doing a rate and term refinance there are plenty of options to refinance immediately.

VA would be an option if eligible for VA benefits.

Bernard Guste
Gulf Coast Bank
New Orleans, LA
504.412.2005
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0 votes 21 answers Share Flag
Sat Feb 21, 2015
Lynne Hagopian answered:
Hi..unless you have a pre-payment penalty in your refinanced mortgage, I am unaware of any waiting period for selling your home. You may not recoup what you spent in closing costs if done recently but with limited inventory on the market right now you may make it up in selling price. Good luck. ... more
0 votes 3 answers Share Flag
Sat Mar 24, 2012
Judi Monday, CRS answered:
I have done a reverse offer with good results--it was done with a buyer that had been the house several times but couldn't seem to get off the fence to make the offer--we made the offer to them and it sold. However, in most cases I think it makes sense to simply drop the price and let the entire market benefit from your "reverse offer" --who knows it could bring in more than one buyer and perhaps net you more in the long run. Best of luck! ... more
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