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Home Selling in Redmond : Real Estate Advice

  • All72
  • Local Info6
  • Home Buying33
  • Home Selling6
  • Market Conditions3

Activity 7
Leslie Gould…, Real Estate Pro in Kirkland, WA
Mon Jul 21, 2014
Leslie Goulden answered:
The pro is that you are currently in an appreciating market and you may be able to get far more for you home in a year if you decide to rent the home out. However, if you are stretched to make ends meet, it will be harder to sell your home with a lease in place. I have several rentals and the "landlord gig" can be a full time job. Call me if you would like to discuss 425-503-8862 ... more
0 votes 11 answers Share Flag
My NC Homes…, Real Estate Pro in Chapel Hill, NC
Fri Mar 9, 2012
My NC Homes Team answered:
Because he's trying to take advantage of the situation. Unless he has an active license in your state he's not entitiled to anything. If his license is active in Florida his company would receive the commission not him directly.

If he's woring with a buyer broker and you have a broker then the commission is spoken for If he's nrepresented and you feel like reducing the price to accomodate him that's perfectly legal and betwen the two of you.

Commissions may not be paid to anyone not licensed.

Hope this helps.
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0 votes 17 answers Share Flag
Phil Leng, Real Estate Pro in Kirkland, WA
Mon Jul 4, 2011
Phil Leng answered:
Hi Ahmer,
Yes, there is a tax called an excise tax on the sale of a house in Washington. In most parts it is 1.78%. The total closing costs to sell in Washington is roughly 8.5%, including commissions, one side of excrow, the majoy portion of the title insurance, and the excise tax.
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0 votes 12 answers Share Flag
Jean Bradford, Real Estate Pro in Silverdale, WA
Fri Dec 18, 2009
Jean Bradford answered:
I agree 100% about Zillow, and wonder how they have even manage to "stay in business" . Nothing but misinformation, there. Who even knows about Cyberhomes? An agent can look at your home and compare it (condition, location, listing/pending/sale prices, lot & home size, etc.) with the actual market surrounding it........not by some computer across the country.

Jean Bradford
Associate Broker, ABR,GRI,CRS,CRB
John L. Scott
Silverdale, WA 98383
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0 votes 7 answers Share Flag
Gerhard Ade, Real Estate Pro in Bellevue, WA
Thu Dec 25, 2008
Gerhard Ade answered:
Hi Moe,
too late for this (Christmas and all...) but Trulia is the one real estate portal with the most "errors" in importing data (Jim covered that already). It is also the site where you as the listing agent have the least influence about the accuracy ot the data. This is the bane (not Bain ;-) of today's internet property marketing.
Best, Gerhard
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0 votes 2 answers Share Flag
Don Tepper, Real Estate Pro in Burke, VA
Tue Jul 8, 2008
Don Tepper answered:
Definitely get a real estate lawyer immediately. How about the one who represented you earlier? (Or maybe that's not such a great idea, considering where you've ended up!)

If the HOA truly foreclosed, and the court allowed you one year to buy back the property, then (and I'm not a lawyer, so this isn't legal advice) it sounds as if the HOA may actually be the owner of your property. And that could mean that they, not you, should be paying the mortgage. Find out from a lawyer what the real situation is.

AJ and Jodee are correct that HOAs (at least around here) usually attach a lien, payable when the home is sold. However, I once lived in a condo in DC in which a relatively small (under $1,000) disagreement between an owner and the condo association escalated to the point where the association actually did foreclose on the property. So, it can and does happen.

If you really do have equity in the property and want to sell immediately...and if you are able to redeem your property (or whatever the process is) shouldn't have a problem finding an investor to advance you the money you need, in return for a share of the profits when you sell.

Good luck.
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0 votes 8 answers Share Flag
Patrick Beri…, Real Estate Pro in Seattle, WA
Fri May 23, 2008
Patrick Beringer answered:
You're going to have to do your own research on this or have a Realtor do a CMA. It's impossible to give you a truly accurate suggested list price with the information given.
0 votes 1 answer Share Flag
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