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Agent2Agent in Rancho Cucamonga : Real Estate Advice

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  • Home Buying127
  • Home Selling15
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Activity 6
Thu May 9, 2013
Kari Brandler answered:
I have seen a few pocket listings out on Zillow and Trulia where I was actually contacted by a buyer on a certain home and when I went to pull it up on MLS it wasn't there. Then after further investigation found the listing and called the agent. Just be careful on a pocket listing because unless it is what the seller wants it is unethical to do just to make an agent more money. ... more
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Fri Dec 21, 2012
inna ivchenko answered:
These days, here in Valley, majority of listings are short sales...and yes, it's usually to be disclosed.
0 votes 9 answers Share Flag
Tue Dec 18, 2012
Vincent Guerrera answered:
I will normally spend between 300 and 500. Sometimes I will pay for the home warranty or I will pay them back for their home inspection at the end of the transaction. If the home needs a lot of work I will normally buy them a Home Depot gift card. ... more
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Sat Mar 6, 2010
Scott Godzyk answered:
Joan there ar eno secrets, no short cuts and no secret lists. By paying for anything all you are doing is lightening your pocketbook. You need to start by completing bpo's. you need to do a good job and they will assign listings to those agents who meet their standards. There is no way to rise to the top of an asset brokers list faster than hard work. There are no cuts, no way to pay to get on. You need to work hard, be willing to take assignments in area's others are not covering and with the bad assignments come the good assignments. Start with abnks you already refer clients to for mortgages. Then check out national companies. you need to knwo most are not taking on new agents as their lists are full but some are. Dont pay for something you can get for free by searching your local foreclosure lists and checking which banks are active in foreclosures in your area. Now if you get a listing, make sure you have a seperate account, usually $10,000 for mainteance, repairs and emergency services. The listing agent must pay for teh clean out, rekey, repairs and upkeep and wait 30-60 days to get paid back by the bank. Also to deal with evictions, transients, break ins, vagragnts and kids breaking in. It is not as easy as getting a regualkr listing. good luck breaking into the reo business, it is not for the faint. ... more
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Fri Jan 15, 2010
Terri Vellios answered:
Michelle, where do you get a certified termite inspector to provide a full report for FREE?

La, my understanding is each bank, has their own guidelines. FHA have a hard time to compete with all cash investors. Depending on the pricing of the home, the Bank wants to know it is going to close and they are going to net the most.

I don't approach short sales and REO's with the same strategy as a traditional sale. But it is true, for most offers is it really is what can the buyer do and how much do they want the house. Ive seen FHA go as-is without the repairs being done, provided it wasn't in the contract or noted on the TDS. Your buyer can use the credit towards their own inspections, which are closing cost when run through HUD in Escrow.
... more
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Tue Nov 10, 2009
Julie Thornton answered:
thank you, Sean
They are buying the house cash out with no loan and he wants to be on title with his daughter and the house is 1.2 million and she is married and they (3) all make really good money,some are saying as long as she is on title she will get it no matter who else goes on title. I guess i will contact a cpa.. ... more
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