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Property Q&A in Olive Branch : Real Estate Advice

  • All79
  • Local Info5
  • Home Buying27
  • Home Selling1
  • Market Conditions5

Activity 23
Sun Sep 1, 2013
parker asked:
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This question was asked from this property: http://www.trulia.com/rental/3125407760-9588-Jourdan-Dr-Olive-Branch-MS-38654#photo-2
0 votes 0 Answers Share Flag
Fri Dec 28, 2012
Jay McMiller answered:
Bjs1250,
I'm not sure what's your question. The home is still available for sale on the market. Are you interested in the property? If so, I would be happy to make an offer on the property on your behalf. Give me a call so we can discuss the property.

Sincerely,
Jay McMiller
RE/MAX-Advantage
901-413-9905
Email--jaymcmiller@hotmail.com
... more
0 votes 1 answer Share Flag
Fri Oct 12, 2012
ripley0163 answered:
We've looked at the home and although the house itself is really nice, when you actually see the lot its not very good. What you can't see from the photos is the "sink hole" in the back yard. It's not really a sink hole more of a retention pond or something but the backyard is so strange we had to pass on it becuase we have four kids. ... more
0 votes 2 answers Share Flag
Fri Feb 10, 2012
Carson O'Conner Home Group answered:
It is in the Olive Branch school district. If you are looking in a certain school district for your new home the MLS gives us the ability to pull search by school district. If you would like to email me your search guidelines I will bette than glad to send you a list of available homes in the area of your preffence. No pressure and no hassle. lcarson4realestate@comcast.net
Also liveinmississippi.com has the most up to date and accurate information for current listing. Liveinmississippi is where most of the real estate sites pulls it information from and some of those site only update every 24-48 hours.
... more
0 votes 4 answers Share Flag
Mon Feb 6, 2012
Michael Cleggins answered:
I can agree to a 5000 down payment on a lease purchase but what will the monthly payments be? And will you continue to finance or will I have to refinance after a certain period of time with someone else? As I stated, I am trying to reestablish my credit and I don't have a problem with the down payment and a reasonable note. Somehow my email address had attached to michael cleggins, who is a friend, but my name is Dianne Davis and I had spoke to the owner last month about a lease purchase. I am single, work 2 jobs, working on Masters' degree online at Strayer University. I would be living alone at this property, so if we can discuss your details and options I would appreciate it via email until I get ready to sign documents and bring you a cashier check, because I work M-F 7am to 330pm and M-F 5pm to 11 pm, therefore my time is limited and I am sure yours is also. You can reach me at diannedavis1965@yahoo.com or 901-474-4416 leave a message. ... more
0 votes 2 answers Share Flag
Wed Nov 9, 2011
Lisa Bryan answered:
Sold and Closed 8.30.2011
0 votes 1 answer Share Flag
Wed Nov 9, 2011
Jay McMiller answered:
Ladrell,

That's actually a great question. Banks who foreclose homes really want their money back. An innovative lender might consider in this messed up market offering leases instead of simply trying to sell the REOs they have, but tradition reigns in the financial industry. A bank is not set up to manage properties.
Their loss mitigation department would rather take a loss selling it, than leasing it out and selling it for more later. Because Federal regulations determine what operations a bank can conduct, they would have to demostrate that the property is offered for sale. A lender could find a way to place the asset into an entity that operates in real estate by managing both the sale and leasing of such assets, but only as a convenience to divest itself of the asset.
So, now that you know why banks don't just lease the properties or trade in them, you need to find a solution that works for you.
Because the market is soft in many locations, a seller (a private owner or builder) currently listing a home for sale may actually do a lease instead of a sale, in order to stop the monthly loss of mortgage, taxes, insurance and maintenance.

I would like to know why you are considering a lease purchase given the fact that interest rates are at an all time low. Also, some buyers don't fully understand the lease purchase process. I would be happy to listen and talk with you regarding this process.

Thanks,
Jay McMiller
RE/MAX-Advantage
901-413-9905
... more
0 votes 2 answers Share Flag
Mon Aug 15, 2011
Jay McMiller answered:
Hello,

Yes, 4067 Albritton Blvd, sold on Feb, 26,2011. I have this listing available in Southaven, Ms. Click on link to view.

http://ms-mls.com/NWMARReports/ListitLib/show_report.aspx?ID=LER2794272

Thanks,
Jay McMiller
RE/MAX-Advantage
901-413-9905
... more
0 votes 1 answer Share Flag
Mon Aug 15, 2011
Jay McMiller answered:
Hello,

Yes the home is sold, it sold on December 22, 2010. I would love to help you find a home in the area. Can you call or email me, on what you are looking for in a home?

Thanks,

Jay McMiller
RE/MAX-Advantage
901-413-9905
Email-jaymcmiller@hotmail.com
... more
0 votes 1 answer Share Flag
Mon Aug 15, 2011
Barbara Stacks answered:
This home has sold, but there are more in the area if you interested. Give me a call if you would like a list of properties matching your criteria emailed to you, 901-283-6652.


Thanks
Barbara Stacks
901-283-6653
Bob Leigh & Assoc.
... more
0 votes 3 answers Share Flag
Mon Jun 27, 2011
Patrick Mcclay answered:
The property is currently under contract. If you have any questions please feel free to contact me at 662-404-4663
0 votes 4 answers Share Flag
Thu Jun 23, 2011
Carrie Crowell answered:
Sorry to say this property is no longer available. There are several home that are similiar to this home that are currently for sale. Please don't hesitate to contact me if you would like further assistance.

Carrie Crowell
Keller Williams Realty
Southaven, MS
901-832-7704
662-892-4000
carriecrowell@kw.com
... more
0 votes 4 answers Share Flag
Mon Jun 6, 2011
Jennifer Reynolds asked:
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This question is about this property: http://www.trulia.com/rental/3052772722-10335-Stephenson-Ln-Olive-Branch-MS-38654
0 votes 0 Answers Share Flag
Mon Dec 6, 2010
Mitanni Spruill answered:
Give me a call right now since this property seems to be pending and I will submit a back up offer on your behalf which may help you get the house! My number is 901-503-1129 or email me at Spruill@SpruillLuxuryRealty.com ... more
0 votes 3 answers Share Flag
Wed Dec 1, 2010
Larry & Laurie Webb answered:
When are you available to look?
0 votes 3 answers Share Flag
Wed Sep 22, 2010
Chris Farm answered:
Looks like house is on hold or pulled off market. This was a short sale attempt and it might not have got approval from seller's lender. Call me for a better explaination and also there is 2 new listings in that subd. that came up on 9/21 that are good deals. Thanks and good luck. I'd be glad to help out.

Chris Farm
hartsell Realty Group, Inc
901-674-1601
... more
0 votes 1 answer Share Flag
Tue Aug 17, 2010
Carrie Crowell answered:
Cha'brandy ,
You got two answers quick on the draw. Dawkins Farms is a great area. Have you been through there and looked at this home and other homes in this area? Great Schools and good location. Let me know if you would like more information of the surrounding area.

Carrie Crowell
Keller Williams Realty
Southaven, MS
901-832-7704
... more
0 votes 3 answers Share Flag
Wed Jun 16, 2010
Kim asked:
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This question is about this property: http://www.trulia.com/property/1055104214-14409-Santa-Fe-Dr-Olive-Branch-MS-38654
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