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Middle River : Real Estate Advice

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  • Local Info3
  • Home Buying6
  • Home Selling3
  • Market Conditions0

Activity 13
Fri Jan 20, 2017
Sjohnson228 asked:
Buyer is supposedly pending deployment and wanted to move up closing it was never agreed too the bank approved and know he wants us to sign release
0 votes 0 Answers Share Flag
Fri Jun 26, 2015
Ronkky_adepoju asked:
Thu May 22, 2014
Keri Watkins answered:
The best decision you can make is to sign on with a Realtor who will negotiate on your behalf and who is familiar with all the ins and outs of buying and building a home.

For most peole buying a home is the biggest investment they make. Having a professional crossing your T's and dotting your I's will ensure success.

Building a home requires lots of details and envolves thinking ahead many steps - just planning on where to place a cable outlet or how high should the bathroom vanities be - where should I put extra recessed lights - am I responsible for landscaping?....The list goes on and on.

Good luck - building a home is very exciting!
... more
0 votes 7 answers Share Flag
Thu May 22, 2014
Keri Watkins answered:
Most real estate contract have a few execution points where in if you terminate the contact within the dates specified you will get your escrow deposit back.

A contract can have a mortgage contingency date - where if you do not qualify and you notify the seller that you do not qualify during the dates specified in the contract your deposit is protected.

A contract can have an inspection contingency date - where after conducting a home inspection by a licensed home inspector and the house is not up to par and you are within the dates specified in the contract your deposit is protected.

A contract can have an appraisal rider - which would protect your deposit during the dates specified in the contract your if the home did not appraise.

A contract can have a home to sell rider (also called a Hubbard clause) it may have an Attorney Approval clause or Well / Septic contingency...Long story short read your contract and know your dates. If you are within your dates specified in the contract - then the sellers must also follow the contract. If you are not within your dates - call your realtor and your real estate attorney TODAY!

Best of luck!

Keri Watkins
Coldwell Banker
... more
1 vote 4 answers Share Flag
Wed Mar 5, 2014
Annette Lawrence answered:
This in 2014 and much has changed in regards to the Rent To Own (RTO) and Lease/Opton marketplace. The following link makes an logical atttemp to explain why the RTO has become a trap. The trap does not regard you but the owner.

http://www.trulia.com/blog/AnnetteLawrence/2014/02/rent_to_own_lease_option_are_they_for_real

The pool of possible legitimate RTO becomes so small, (and they may not be exempt) that they will prove to be as elusive as the blue unicorn.

You may find keeping your focus on repairing your credit is essential, while understanding that rent, under any other name is still rent. Keep those big non-refundable deposits in your pocket.
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0 votes 4 answers Share Flag
Sat Jan 11, 2014
Linandron80 answered:
no way 22 homes in this area have unsolved burglaries I am
one of them
1 vote 3 answers Share Flag
Mon Jul 9, 2012
Akil Walker answered:
Hello Tex,


It depends on the terms written in your contract. discuss with your agent your opitions at this time. Good luck
0 votes 7 answers Share Flag
Thu Jul 5, 2012
Jessica Hood & Laura Roskelly answered:
Oh now, what a situation to be in. Your agent should have pushed to get a minimum 90 day approval with another 30 -45 days to settle. It sounds like the buyer is within their rights to withdraw. ... more
0 votes 8 answers Share Flag
Thu Mar 1, 2012
Shannon French answered:
Hi Woody,

Please feel free to check our Rent-To-Own homes at www.BuyBaltimoreProperties.com. We get new properties every week, so if you don't see one you like, feel free to enter what you are looking for at this link - www.BuyBaltimoreProperties.com/dreamhome.

Nearly all of our clients have challenged credit which is not a problem, so we would be glad to assist you any way we can!
... more
1 vote 1 answer Share Flag
Thu Mar 1, 2012
Woody asked:
Mon Apr 12, 2010
Manu Kapoor answered:
A certified check or a check cannot change the contract terms, as they are the binding to both signing parties.
So check with your attorney on the terms of contract you both signed on. Normally your attorney could make a call to buyers attorney to convince in time extention of the contract.
May be it works.
Good Luck
... more
0 votes 3 answers Share Flag
Sat Dec 5, 2009
Vladimir Kats answered:
Some detective work will be required to answer this question fully. The most important determinant of price for a new construction is the size of the lot and the square footage. The "model" factor has more to do with the layout than with price. Although some models can be more difficult to build, the price difference is not that big. Most of the time you can figure out the size of the lot and eye ball the size of the home.
Furthermore, you should know the base price for homes the builder is selling. The rest of the cost are the options that are once again relatively similarly prices (usually). In my experience, the builder, or the sales rep, rarely has much flexibility on the base price but a lot more on the options.
Finally, we can pull up land records to see how much similar homes sold for in the area and combine it with the lot sizes and the home sizes that we can dig up. Feel free to send me addresses of new homes that recently sold and I will see what I can come up with. PassportVlad@gmail.com
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0 votes 2 answers Share Flag
Sun Jun 7, 2009
Cleopatra Pappas answered:
In addition to the answers you received below, also know that you should sign a DUAL AGENCY agreement (if you agree to it) with a broker/agent if they show you a property that they have listed - even if you already have a Buyer Agency Agreement with the broker/agent. Otherwise, the broker/agent are technically representing the seller when they show you the property bcse they already have a signed listing agreement with that seller. ... more
0 votes 6 answers Share Flag
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