This may be common for that firm but not necessarily everyone. I would try utilizing www.UpNest.com. You can compare realtor fees and consult with brokers in your local area for free. They should know whether this is common practice in Florida.... more
Have your parents go to the office at La Casa. The real estate people could look at their house and give them an idea on what they should list for. The homes have been selling very well. Of course it would depend on the condition of the house. They would also have to be practicle and realize the prices are much lower now than they were 6 years ago.
Good luck.... more
Be very careful before paying someone to modify your mortgage.
Go to www.MakingHomeAffordable.gov and get an approved counselor.
If you have a true hardship you may qualify for a Home Affordable Modification. You will still owe 100% of the principal balance but your monthly total payment Principal, Interest, Taxes, Insurance & HOA fees) will be reduced to 31% of your income. They achieve this by reducing the interest rate as low as 2% and then if the payment is still too high, they will lop off part of the principal and put it back on in 5 years when your modification expires.
You may also qualify for a HAFA short sale and your business partner would absolutely not be eligible to purchase your house. It must be an ARMS LENGTH transaction. On a HAFA short sale you can also get $3k cash at closing as an "incentive" for relocating.
Hope this helps and again, be very wary of anyone (even attorneys) who offer loan modification help for a fee. They will take your money and possibly do nothing.... more
There were quite a few condos for sale in Sabal Trace and the number is down. However, that does not mean that the situation is improving. Looking at the property records I see that several have a lis pendens filed and may eventually go into foreclosure. Many of the condos that were sold were priced below market value. Are you looking to buy a condo in Sabal Trace or do you live there? It is a very nice community and is convenient to all amenities. I would be happy to assist you if you are looking to buy or sell. Tammy Hayes, Realtor, Sandals Realty, Punta Gorda, FL... more
Easiest and simpliest answer is to counter the offer with a higher price. Best answer would be to consult with a local Real Estate agent in person to better service all of your questions and needs. In the end, it is your decision to sell your home and you can accept, reject, or counter any offer that comes to the table.
I agree with Andrea, if you don't have any hardship in making your monthly mortgage payments, your lender will most likely never approve a short sale.
Hope these answers all help and best regards,
L.W. Reedy Real Estate
Reduce the home price and try to do a short sale. Sounds like you have an good hardship case, to begin with. It will take some time, persistance and patience. It may be your only way out unless you have the money to bring to the table for the difference of what you owe. Have you investigated anything with your lender or asked for their Short Sale Package? We sometimes us a 3rd party to act on behalf of the Realtor and Seller. They charge a fee which is usually paid by the Lender. Good Luck!
Jim Soda 941-809-7759
Prudential Palms Realty
Sarasota-Lakewood Ranch-Longboat Key... more
I have seen Roxanne and Shannon in action on Trulia over the past few months and I can assure you that you are in great hands with them. I don't know them but when they step up to the plate, they always sound very knowledgeable and competent.
If you ever need someone in Sarasota or Bradenton, yours truly can do the job too. ;-)
Is this something you want to sell or something you want to buy? Since you are identified as a home seller, I will assume the former. There are many different house values.
The market value of your home is what the market is willing to pay for it and that will be affected by the number of competing properties. If there are many similar properties, the market value of your home tends to go down because customers have many choices. The replacement value of your home is what it would cost you to rebuild the house. Unfortunately, there are properties right now whose replacement value is much higher that their market value. The appraised valkue of your home is what an appraiser would tell you your house is worth after looking at comparables, market conditions, condition of house,... The assessed value of your home is what the tax people will use to determine your property taxes.... more