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Home Selling in Philadelphia : Real Estate Advice

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  • Home Buying1K
  • Home Selling144
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Activity 171
Sat Mar 18, 2017
Cynthia asked:
Wed Mar 15, 2017
Myhottie.tc answered:
I'm selling my house and the person who gave me half of my asking price and he didn't sign the contract but gave me half of the down payment and I gave him a receipt showing that he was buying my home. He now wants to back out and not want to buy my home now. Do I have to legally give him back the down payment that he gave me to buy my home? ... more
0 votes 17 answers Share Flag
Sat Mar 11, 2017
Cynthia asked:
Thu Feb 23, 2017
Norman Bunn answered:
1) People can be very particular about countertops, so I would not make that change before putting it on the market unless it is in poor condition. Instead, you can give them an allowance if it becomes a sticking point. They might want to redo the whole kitchen.

2) Yes, paint is the cheapest way to upgrade the look of a house.

3) If it is unsafe, I would fix it. If not, let the new owner decide.

4) Where is the current laundry? If there is not one or it's stuck in the kitchen/basement, this might pay off.

5) Yes. Refinish the floors.

6) Luxury vinyl tile might be a good alternative.

So, my order would be:

2, 5, 6

distantly followed by 3, 4, 1
... more
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Wed Feb 22, 2017
Scott Godzyk answered:
The correct way is to ask each buyer for their highest and best offers. In most states the listing agent can not mention what the highest offer is.
0 votes 1 answer Share Flag
Fri Dec 9, 2016
Elysekalani asked:
Fri Dec 9, 2016
Annyjune24 answered:
My property manager (realtor) talked to my tenants to check if they were interested in purchasing our home when they said yes he priced our house without checking with us the owners. He gave them a price that was completely out of the question and he gave them a time frame to do this because he was going on a trip and needed his commission! He called me to inform me the price and how much i would get after his money was taken out, my husband was furious and asked him if he had told the price to the tenants and he denied this! We fired him then when we spoke to the tenants they indeed said that they had discussed price. I was feeling awful for firing him but i was so angry he did this without our consent.. Is what he did legal? ... more
0 votes 20 answers Share Flag
Sun Dec 4, 2016
Marchell answered:
when fixing something in the inspection and something else shows up, is the seller obligated to fix it and disclose it
0 votes 10 answers Share Flag
Thu Oct 6, 2016
Tommyabrett asked:
We "sold" our home with a contigency that we install a radon system and have the levels retested 15 days prior to closing. We did. The levels came back higher, which we were told…
0 votes 0 Answers Share Flag
Mon Sep 26, 2016
Tom234b asked:
can't. I am selling a home rental property. I am getting resistance or excuses (can't tell) about including in the general description, that the property has been rented for X…
0 votes 0 Answers Share Flag
Fri Sep 9, 2016
Sally Grenier answered:
I assume you're not being represented by an agent? What does your contract say?? Are you talking about earnest money? Or the whole thing? You didn't let him take possession did you? If he was supposed to send earnest money by a certain date, your contract could be null and void. Nobody here can give you good advice because we aren't involved in this transaction or have seen the contract you signed. Maybe you need to hire an attorney?? Good luck! ... more
0 votes 2 answers Share Flag
Fri Aug 5, 2016
Christopher Caldwell answered:
Ask your agent. He or she is the person you chose to represent your interests. Your agent should be in communication enough to know what the buyer is after. Your agent should be willing to communicate and negotiate in a way to get you the best price the buyer will pay. ... more
0 votes 15 answers Share Flag
Wed Aug 3, 2016
Renee Porsia answered:
Hi Thomas,

Sorry to hear about your issue. Do you happen to have your settlement sheet from then? Nonetheless, are you dealing with a new title company? You must have title insurance. Contact a title company and ask them your question. I feel that they will best able to answer your question and advise you. You can also contact a real estate attorney and pose your question.

I hope this helps and I hope things get better.

Renee Porsia
Associate Broker
reneeporsia@mac.com
215.669.0589
... more
0 votes 1 answer Share Flag
Wed Aug 3, 2016
Renee Porsia answered:
Hi Ceecee,

I am not sure if you have a home to sell in Philadelphia or NY. As it states the you are in NY. I am not licensed in NY if your home is there. This answer only applies to PA.

That's a common question that I get however keep in mind that a lot can happen in 2 years. Nobody can tell you or predict what the market will be like then. Rates could be lower or higher or have stayed the same, home prices could decline, increase or stay the same. I am not sure of your questions but my advice to you would be to find yourself a Realtor to build a great relationship with now, so when the time comes to put your home on the market, you won't have to scramble around trying to find someone you mesh with or randomly choose someone at the last minute. Trulia is good because you can get to know Realtors by the answers they provide to questions. Every Realtor works differently. Not every Realtor provides the same services and it's best to know what you expect and want in your Realtor and then find someone who will be able to meet those goals.

If you are relocating to another state, you will need a Realtor who has a network of peers in other states who will also meet your expectations and can refer you to those agents.

If you you have good credit, that is great but only a mortgage consultant can answer your mortgage questions. Remember, Realtors are only licensed to be Realtors not mortgage lenders and unless an agent has a mortgage license, they are not supposed to be providing information that is beyond the scope of their expertise. I would never provide mortgage information to my clients in fear that I would provide incorrect or inaccurate information that would mislead them.

I'd love to speak with you to chat about your future goals. Feel free to contact me at reneeporsia@mac.com or 215.669.0589.
... more
0 votes 1 answer Share Flag
Mon Jul 18, 2016
Edward.mcnichol76 answered:
what is needed to sell by non profit
0 votes 1 answer Share Flag
Sat Apr 9, 2016
Paul answered:
Let InBedrock.com help you answer the Rent v Buy v Invest question for yourself and your unique situation re: Your monthly rent expense option v house purchase price You would like to buy + all its associated costs like closing/title/mortgage interest/RE taxes/HO insurance/utilities + maintenance costs/broker selling commission/capital gains taxes/and more! InBedrock.com is educational, in-depth, and easy to understand for first-time homebuyers. ... more
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