ListingBidder.com has recent 2016 market data for listing proposals submitted by real estate agents all across North America. This data shows that on the open market, where Realtors compete by submitting their marketing proposal and real estate commission fee rate, the total commission ask ranges from 3.0% to 6.0%. These commission rates vary by zip code and almost show a perfect bell curve with the bulk of these proposals falling around 4.75% nationally. Whether you are looking for the average rate in Montana or a typical rate in Maryland, we have found the rate varies by zip code because the ask rate tends to drop as the home values increase. We would love to help you find a realtor at a competitive commission rate fee: https://www.ListingBidder.com
Note: These figures represent the total commission rate which is usually split between the Listing agent and the Buying agent.... more
Honestly? Trulia is a very tough site for adding, editing and deleting information. I have been using facebook, craigslist, backpage and other sites, as well as my listing to advertise open houses.... more
The compensation of the realtor should have been laid out in the contract. 3 years on the market is a long time. Am curious why you did not switch realtors, or if there were some issues with the house that kept it from selling/showing well.... more
Here is the Days on the market information from our Real Estate Association as of February 2014
Days on Market (DOM) for the Pleasanton area year-to-date is around 16. The median attached home price in Pleasanton for February was $465,000. As of the last day of February there were 11 active homes in Pleasanton. At current selling rates this means there is approximately 1 month of inventory in Pleasanton remaining.
Help-U-Sell Achievers Realty
It is probably a great time to list your mothers house in the market. Inventory is very low and demand is very high. Interest rates are still low for buyers to capitalize on a long term holding plan. When do you plan on selling the house?... more
Days on Market (DOM) for the Pleasanton area year-to-date is around 16. The median attached home price in Pleasanton for January was $647,500. As of the last day of January there were 9 active homes in Pleasanton. At current selling rates this means there is approximately 1 month of inventory in Pleasanton remaining.
Keep in mind that you are talking about two different events. They are linked but they are separate.
One is the reporting of the forgiveness of debt done to the IRS by your lender.
The second event is the possible liability for the payment of income tax on the forgiven debt. You may or may not be liable for payment of any taxes on this forgiven debt. Your bankruptcy attorney or qualified tax professional is the person to whom you should direct your questions.... more
After going into contract to buy your house completion of the contract and the close of the sale were â€œcontingentâ€ upon the buyerâ€™s satisfaction with the condition of the property. Within the contingency period, the buyer can cancel (terminate) the purchase for any reason of dissatisfaction. I would have expected that the buyer would have expressed their dissatisfaction but, if not, ask. No reason they should not tell you.
As Carl said, it is best to move on to a more committed buyer. In the current market, you should not have trouble finding one.... more
Since it seems that you're in contract, you should call the title/escrow company that is processing your escrow and get specific fees from them. This way there's no guessing. Title reps are always ready to help.... more
I would characterize it this way. Under the MOST conservative defintions yes WHEN the fence is attached to the home. Generally speaking no rational seller and no reasonable buyer have fences inspected because it would arguably cost sellers money and prevent buyers from closing properties (since in this environment lenders are requiring section one repairs on certian loans). Exerienced agents (and reputable termite companies) know the proper way to handle these matters.... more
I am not sure if your client is doing a bk chapter 7 or 13, since the last one includes the house to save it from the foreclosure. As far as the sale, the bk judge has to approve the negotiation of selling such property. If it is not included in bk, still can be negotiated with the lender permission. it will depends. I can direct you to an expert in bk's who is local in Pleasanton.... more
I find it laughable that so many people, including many real estate experts, who were wringing their hands over the â€œshadow inventoryâ€ that has never materialized, are full of glee now that this mess has happened. What do you think will happen if forecloses are simply delayed and allowed to mount up until this mess is cleared up and then they are put on the market? Foreclosures flow through the pipeline until they are sold. Now the pipeline has been plugged and the foreclosures pile up until they can again be put on the market. The problem is that the banks took short cuts on paperwork. Rememberâ€¦these foreclosures were on houses for which the owners were not making payments. There is no accusation that people who were current on their mortgages had their houses foreclosed upon. When the paperwork is straightened out, those same people who were not making payments will still not be able to bring their mortgages current. Those houses will still be foreclosures. But by then, there will be many more in the cue. Yes, the banks screwed up and they need to be called to task for their actions but the market hates uncertainty and this will not be good for the real estate market or the economy.... more
You can refuse to sign it but why would you not? As others stated it is a notification that you are now aware of regarding somke detecters and proper water heater bracing at . You can always date it after close.... more