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46321 : Real Estate Advice

  • All13
  • Local Info1
  • Home Buying2
  • Home Selling3
  • Market Conditions4

Activity 12
Wed Dec 21, 2016
Andy Lerma asked:
Sat Aug 8, 2015
Randy Stoker answered:
Trulia does not support For Sale By Owner listings. All listings on Trulia are generated by the listing Real estate agent; Trulia scans the MLS data base and posts that information to their web site. If you have your home listed through a licensed Realtor then your listing should appear on Trulia within 72 hours after going live in the MLS system ... more
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Mon Apr 13, 2015
Randy Stoker answered:
Trulia does not support For Sale By Owner listings. All listings on Trulia are generated by the listing Real estate agent; Trulia scans the MLS data base and posts that information to their web site. If you have your home listed through a licensed Realtor then your listing should appear on Trulia within 72 hours after going live in the MLS system ... more
0 votes 1 answer Share Flag
Tue Dec 10, 2013
Kristopher Setlak answered:
If the home is for sale you can goto my website and find all info. www.buyorsellnwindiana.com
Best Of Luck,
Kris
0 votes 5 answers Share Flag
Wed Nov 7, 2012
Ronald Peake, Jr. answered:
Afternoon,

Hopefully all the realtor have answer your questions. If you need a great loan officer, please fell free to give me a call. Pre-approve over the phone and closing in less than 30 days.

Smile,

Ronald Peake, Jr.
NMLS#254862
630-606-9921
NeedaLoan2.com
... more
0 votes 6 answers Share Flag
Fri Oct 26, 2012
Jessica Kljajic answered:
Do you know what area would you like to live in ?
0 votes 2 answers Share Flag
Thu Jun 14, 2012
Rob Mangus answered:
Is the house still listed with an agent?

Thanks,
Rob Mangus
Coldwell Banker
219/776-1324
0 votes 6 answers Share Flag
Wed Apr 25, 2012
Irina Karan answered:
The key to your question is if you have a hardship - to do the short sale, which is usually the best way out in case of investment property. If you prepare your Profit & Loss, as well as your net worth sheet, you might be surprised - and found to be insolvent, even despite your assets. This is because your mortgage is a huge liability, and the value of the property is much less than what's owed.

I have seen many people thinking that they didn't have a hardship, while they actually did.
This is a question for your CPA, who needs to understand your overall financial situation and your goal of ridding yourself from your investment property.

That's how luxury property short sales are done - it does not matter what income you have, if your expenses are bigger than the income...just to give you an example.

Other options are: having the buyer contribute to your "deficiency" amount, having "soft note" that you slowly repay to the lender after the short sale (if you are not able to obtain the waiver of deficiency), some people move into their rental properties to have the benefits of principal residence tax exemptions...Making this property your principal residence can open other options for you also (short refi, HARP).

You got to meet with your local CDPE (Certified Distressed Property Expert) realtor, a few of local attorneys (but not bk attorneys - as those might point you in the wrong direction), your CPA (if he is knowledgable about short sales and their tax consequences - because some aren't)...

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 8 answers Share Flag
Thu May 19, 2011
James Ryan answered:
Good morning Ashastew,
From your great answers below, I think you can see why it is unlikely a seller will rent. I just wanted to add are you prepared to rent a home for sale, alllow people in at various times of the day to view it, and possibly, if the home IS sold, are you prepared to move in 60 days?
Most renters, even if they love the home, are not willing to put up with it being on the market, or worse, moving with a short notice.
Best wishes, Jim, 703 615 4675
... more
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Wed May 18, 2011
Christine McDaniel answered:
Try looking online, the newspaper, and contact property management companties for homes for rent. We are seeing more sellers looking to rent than in the past, but they are still few and far between.
Doesn't the section 8 program have a list they can give you of rental properties in the areas you'd like to live?

Good Luck,
Christine
... more
0 votes 2 answers Share Flag
Wed Mar 25, 2009
Gina answered:
El,

There is no real amount of time that a home sits as Contingent SI. Contingent SI means that the home is Contingent upon the buyer’s home inspection and allotted time for a response between the parties. If the buyer has found there are issues then the buyer can request further inspections. The home goes pending once the buyer and seller have both responded to the inspection report and signed off.
Hope this helps.
... more
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