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Maumelle : Real Estate Advice

  • All20
  • Local Info2
  • Home Buying7
  • Home Selling0
  • Market Conditions1

Activity 12
Wed Sep 4, 2013
Lynn Johnston answered:
I meant they rose from the low 3's to the high 4's very quickly. Considering the Rural Development 100% financing loans they are going away in Arkansas in certain areas after September 30th, 2013. The program has been very beneficial to my clients because they were able to walk into their home with zero down and zero out of pocket expenses. My point is... The more interest you pay, the less money you are paying towards principal. So I persuade to buy before rates are back to 7-8%. This is what has caused so many home buyers to be upside down in equity or barely breaking even. It is definitely a buyer's market right now! ... more
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Tue Sep 3, 2013
Lynn Johnston answered:
Sometimes it may be better to keep the mortgage in one name due to government programs and breaks they give you. Please give me a call to discuss further.

Jessica Johnston

501-398-4663 ... more
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Tue Sep 3, 2013
Lynn Johnston answered:
The market in renting is very good. Depending upon the neighborhoods you can get a significant amount. Depending on what street it is on and going by comps in the neighborhood is really the true way to answer it. Please give me a call and I will look up the conditions of the property.

Thanks,

Jessica Johnston
501-398-4663
... more
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Thu Mar 21, 2013
Julie Ross answered:
There are a lot of companies in the Little Rock area. If you will give me a call I may be able to help.
It is knowing what area of town you want to be in and what amenities your looking for.
Working with relocation clients is one of my specialties.

Thanks
... more
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Thu Apr 28, 2011
Nola Ford answered:
Hi,

I am Nola Ford, an agent with Crye-Leike Realtors in Maumelle AR, just outside Little Rock. We do have one 4 bedroom 2 1/2 bath home that the builder would consider a lease to purchase. If you are still interested, please call me at 501-590-7242 and I will gladly give you all the information on it.

Thank you,

Nola Ford
Multi Million $ Producer
Crye-Leike Realtors, Maumelle Branch
501-590-7242
... more
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Thu Apr 28, 2011
Mitsy Tharp answered:
Hi Pat & Don! Love to know which home you're referring to?? There are many great homes on the market in Maumelle. I'm certain one of these homes will fit your needs and budget. Please call to receive specific information regarding any/all homes in Maumelle 944-7147 ... more
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Wed Feb 23, 2011
Emily Erekuff answered:
Hi Janet,

If you are using a Realtor please access the link below and review my answer to that question. You can forward the information to your Realtor so he/she can submit your home to Trulia.

Best Wishes,

Emily Gibson
Customer Service Representative
... more
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Thu Aug 5, 2010
Denise Wilson answered:
If you are concerned about foundation issues due to the soil, the homes that are having problems are quite obvious and those problems are revealed by inspection, or perhaps even when you are viewing the property. But the type of soil is not required when listing a home for sale.
I'm in the area if you would like to see some homes or have questions about certain areas of Maumelle.
... more
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Thu Aug 5, 2010
Denise Wilson answered:
The soil problem and foundation issues are very few and far between. It has only affected a very small number of houses in the area. Don't be scared of Maumelle. Its a great community to live in with many beautiful homes. ... more
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Mon Aug 2, 2010
Don Tepper answered:
Yes. This problem has been brought up here many, many times before. And, no, it's not being addressed. At least not adequately. Frankly, so long as people are willing to pay good money for a questionable product--when you could get the same information for free--there's no incentive to fix the problem.

Having said that, I'll also note that many people who are falling behind on their mortgages and facing foreclosure are in denial. They'll certainly tell you that there's no problem. And they may believe that somehow they'll get bailed out--by a relative, by refinancing, by a loan modification, by winning the lottery, and so on. Talk to investors. They all have stories of approaching people in financial difficulty and being told, "Oh, no. There are no problems. Everything's been taken care of." In many cases, the problem hasn't been taken care of. Often enough, those investors get another call from the same owner about a week before the auction date of the property, by which time it's usually too late to do anything.

One way to approach owners in financial difficulty if you choose door knocking--which I personally don't like to do but others say is really very effective--is to say: "Hi. My wife and I [if you're married...sounds friendlier if you come across as a couple or a family] are looking to buy a home in this neighborhood. Do you know of anyone around here who might be interested in selling their property?"

It's a much kinder, gentler approach than: "Hi. I understand that your home is being foreclosed upon. I'm interested in buying it."

Using the gentle approach, you're more likely to get a positive response. Make sure you have some contact information about yourself--a business card or something--that you can hand to the homeowner. Recognize that most of the time, the homeowner's response will be something like: "Well, I don't know of anyone right now." So you say, "That's fine. If it's OK with you can I give you my contact information? If you do hear of something, could you please give me a call?" Also, as appropriate, just engage in a bit of chit-chat about the neighborhood (or the weather, or whatever), just to establish some rapport with the owner.

Oh, and what if the homeowner says, "Well, I think Fred down the street may be planning to sell soon. I know he's moving in a few months, but I don't think his home is listed yet"? You may just have uncovered a nugget of gold.

Hope that helps.
... more
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Thu Nov 19, 2009
Steven Blackwood answered:
Contact any local real estate broker who does property management
Depending on the length of time that you are looking to occupy, there are a number of options where investors are purchasing homes and offering leasing and/or lease purchase opportunities
Best of luck to you
Steven Blackwood
... more
1 vote 1 answer Share Flag
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