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34232 : Real Estate Advice

  • All20
  • Local Info3
  • Home Buying4
  • Home Selling4
  • Market Conditions0

Activity 16
Mon Jul 24, 2017
Sean Michael Waple asked:
This seems a little much just for the pre approval. I could see it being needed during closing
but right now? Comes off very invasive. Plus we Already sent her our last two W2s, our…
0 votes 0 Answers Share Flag
Tue Jan 3, 2017
Al asked:
I am the property manager for 6191 Timber Lake Dr #A8. This property only shows as a 1 bathroom, when it is a 2 bathroom. How can I change this?
0 votes 0 Answers Share Flag
Sun Feb 14, 2016
kapaco2005 asked:
Tue Oct 8, 2013
Rebeccatrulia answered:
Hi Property Owner

I can't understand what you say. I have a reverse mortgage . Its name is reverse mortgage lenders direct. They are very helpful. You can get any question by search
... more
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Sun May 20, 2012
Lhm108 answered:
Howdie at National Carpet Cleaning -I have tried them all he is the best by far...not the cheapest but does it right the first time! Very nice and will stay until you are happy! Had 2 homes and all my furniture, carpets and area rugs cleaned by them-when the "franchise guys" couldn't come close or even try nor would they warranty their work! ... more
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Mon Apr 30, 2012
Craf answered:
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Mon Feb 27, 2012
William True answered:
Hi Melissa,

I don't know your particular circumstances, but as someone who works exclusively with home buyers and their specific needs, I know what a big decision this is for you. Because I'm not affiliated with any specific listings, I am able to show buyers what they want to see without any pressure of buying.

I would never encourage a buyer to purchase a home they are not excited about and that doesn't meet their current or near-future needs. So, without knowing your circumstances, I encourage you not to give up on the 3/2 if that is what you truly want in your new home.

Wishing you all the best in your house hunting!

William True, Sarasota Real Estate & Exclusive Buyers Broker
Licensed Sarasota Real Estate Broker, Licensed Sarasota Mortgage Broker, Notary Public

Exclusive Buyers Agents - Sarasota, FL
7061 Tamiami Trail, Sarasota, FL 34231
1723 Colleen Street, Sarasota, FL 34231
(941) 918-1956 |
... more
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Sat Feb 18, 2012
Alma Kee answered:
Hi Al,

Good question. From my experience HOA and Condo attorneys can be particularly sleazy and will go after money they are not legally entitled to from a new owner.

As far as buying the condo at the foreclosure auction when the lender ultimately forecloses, it may not ever happen if the HOA decided to give a Deed In Lieu and then the lender sells it under the REO Initiative, take a look:

Of course you know you need an attorney's advice to give you the "correct" answer about liens that will survive a foreclosure but here's my "non attorney" opinion....The original owner that got foreclosed is liable for all the past due liens and attorney fees up until the HOA took ownership at foreclosure (10 days after auction date). Now if the lender had foreclosed then the lender would owe 6 months past due condo fees or 12 months HOA fees or 1% of the mortgage, whichever is less. In reality, I've heard horror stories about HOAs and Condos so I would make sure to find out "before" you bid at the lender's foreclosure auction how much you will absolutely be legally responsible for.

Also... technically the rents the HOA is collecting should be sent to the first mortgage lender once the HOA past due amounts and legal fees are satisfied. I researched this once on the Florida Statutes. Again, I'm not an attorney so please don't consider this legal advice.

Here's an informative website about HOAs and Condos:

All the best,
Alma Rose Kee
Future Home Realty
... more
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Wed Dec 22, 2010
Tina answered:
thank you for all your answers. I am from lansing, mi, formally from tampa, fl, and i can tell where the good towns outside of tampa area, and as well as lansing areas. just a thought
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Sun Oct 26, 2008
Teresa M. Fellows answered:
Hi Carol, This is a 4 bedroom 2.5 bath townhouse for $59,900 in Fairway Oaks. This property is currently under contract.

My best,

Teresa m. Fellows
Waterside Realty LLC
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Thu May 22, 2008
Debt Free Dave answered:
On an fha appraisal, the appraisal will now stay with the property. If they don't have the money, either agents have to reduce their commission or you have to go with it. You can also cancel the deal and look for another offer. ... more
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Wed Apr 9, 2008
Tim Burroughs answered:
Seller in Sarasota,

I know when you have a home on the market and people respond that they love the house, they often are saying that there is a similar home out there that has all the same amenities as yours, but they can purchase it for less money.

Our market in Boise, Idaho has leveled off since the large run up in values in 2005 and early 2006. Many sellers still think their homes are worth what they were "on paper" in 2005 or 2006, but we are in 2008 after sliding down in prices since mid-2006.

Advise that I once read in studies by the National Association of Realtors is paraphrased as "if a home has no showings in a ten-day period, it is overpriced." "If a home has ten showings and no offers, it is overpriced." So, if either applies to you, please check with your listing agent and ask them to provide recent sales data, current active data and recent pending sales and I am sure you will discover if you can re-position your house into the next lower price category you will sell and be able to buy.

When you are ready to buy, make sure you ask for the same market data and strike a "win-win" offer on your next house.
... more
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