23220 : Real Estate Advice

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Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
We found a house we liked by ourselves. Upon meeting, the seller's agent offered to be our buyer's agent (with agreement). Is this kosher?
If you're interested in negotiating on the first house... you'd be giving away a lot of negotiating ability by using the listing agent as your buyer's agent.

I don't recommend it.
0 votes Share Flag Mon Aug 15, 2016 Home Buying in 23220
Robyn Tyer, Other/Just Looking in Richmond, VA
Robyn Tyer asked:
I want to delete a for rent listing and your F&Q said "hover over your listing". WHERE on you site is this possible??? Your website is impossible for Landlords to use. I have over 80 apartments for rent at one time or another and managing the listing once it is placed with you is a nightmare! You need…
0 votes Share Flag Thu Mar 17, 2016 Using Trulia in 23220
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
What is the best way to address my realtor regarding bidding on a foreclosure trustee sale? I don't think the process allows a commission.
Most of these auctions require cash in hand, do not allow previews or inspections and all sales are final. I'd also encourage you to speak to your agent about your interest. ... more
0 votes Share Flag Tue Dec 29, 2015 Foreclosure in 23220
Sarah Jarvis, Real Estate Pro in Richmond, VA
Sarah Jarvis answered:
Have small condo (1 BR 1 Bth) located near the VMFA. Interested in selling
We have an entire site dedicated to nothing but condominiums in Richmond Va. It contains a lot of information, not just about condos for sale, but a great deal about financing, managem ... more
0 votes Share Flag Thu Mar 5, 2015 Home Selling in 23220
Sarah Jarvis, Real Estate Pro in Richmond, VA
Sarah Jarvis answered:
Offered accepted on renovated house. No permits had been pulled for new plumbing, electrical, and hvac work. Can I walk away from this deal?
It depends on the level of the work and whether or not the work was done by a licensed contractor. You may also be able to use the financing contingency, depending on what type of loan ... more
0 votes Share Flag Tue Aug 19, 2014 Home Buying in 23220
Timothy Smal…, Renter in 64114
Timothy Smalls answered:
I want to rent extra rooms in my townhome in Oregon Hill, where is the safest place to advertise?
Mayfair, since the previous answer came from someone in NEW YORK, they are probably not aware that Oregon Hill is a NEIGHBORHOOD, and not a development. Your best way is Roomster.com. T ... more
0 votes Share Flag Wed Apr 30, 2014 Rentals in 23220
Reginald Pot…, Real Estate Pro in Richmond, VA
Reginald Potts answered:
How should I compute a fair offer in the fan with listing prices sprinting this quarter and no recent sales to back the LP. 750 sq ft avg condo
If you are not working with an agent, please call me for assistance. The answer to your question demands a more involved response than can be addressed adequately here. You'll want to h ... more
0 votes Share Flag Fri May 24, 2013 Home Buying in 23220
Tina Beasley, Real Estate Pro in Saint Augustine, FL
Tina Beasley answered:
How can I find out what contractors/builders in the area are liquidating/going out of business/or in foreclosure so I can get a new house for less?

Hire a competent REALTOR that has experience in dealing with foreclosure properties and construction, like me!

I grew up working in the home building industry and I have so ... more
1 vote Share Flag Wed Apr 27, 2011 Home Buying in 23220
Hilary Miller, Real Estate Pro in Glen Allen, VA
Hilary Miller answered:
Help! I need to sell my "luxury" fan condo ASAP. How do I find an agent experienced in short sales?
You are in a very popular area! I know that a short sale may be one option, but have you considered renting your home? You may be able to hold onto your property until the market is a b ... more
0 votes Share Flag Sat Dec 18, 2010 Home Selling in 23220
Ryan Sanford, Real Estate Pro in Midlothian, VA
Ryan Sanford answered:
How much should a home buyer offer on a short sale?
Hi Marie- That is a great question. The short sale is an art and very few agents are well versed on them in our area. I would first recommend finding a good buyer's agent that has ... more
0 votes Share Flag Tue Nov 23, 2010 Home Buying in 23220
Melissa Loug…, Real Estate Pro in Richmond, VA
Melissa Loughridge Savenko answered:
What are the true specific financial advantages for buying a property that offers historic tax credits and city tax abatements?
It seems you are asking this question from the position of the BUYER. If my assessment is correct I have a different answer than above.

Historic tax credits benefit the developer, n ... more
1 vote Share Flag Mon Nov 15, 2010 Home Buying in 23220
Tom Fleming,  in Midlothian, Richmond,...
Tom Fleming answered:
What are the typical property management rates charged by companies in the Fan/Museum district? Do these companies typically have prenegotiated rates?
Have you had any success in finding a Property Management Company? A friend of mine is starting a Real Estate Brokerage up and he plans to offer Property Management. Being loca ... more
0 votes Share Flag Tue Aug 17, 2010 Home Buying in 23220
Chris Small, Real Estate Pro in Richmond, VA
Chris Small answered:
What is happening in the Carver area - rennovated homes going for 220-250 bought a year ago for under 100K.?
Carver is a strong area. Located close to VCU and VUU its a great area for rental. I have sold a lot of houses there to parents of students who went on to keep buying and renting becau ... more
0 votes Share Flag Mon Jun 28, 2010 Market Conditions in 23220
Melissa Loug…, Real Estate Pro in Richmond, VA
Melissa Loughridge Savenko answered:
How much is an average garage worth in the Fan?
I think the critical piece of the question here was "in the Fan." The Fan is a designated historic district, and the entire neighborhood is on the National Register of Historic Places. ... more
2 votes Share Flag Tue Jun 9, 2009 In My Neighborhood in 23220
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