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Sedgwick County : Real Estate Advice

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  • Home Buying1
  • Home Selling0
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Activity 255
Sun Sep 21, 2014
Chuck Schneweis answered:
It depends on where you are living for the limits, regardless wehere you live call me and we can talk 315-621-0379
0 votes 1 answer Share Flag
Tue Sep 9, 2014
Dan Tabit answered:
Yes there is and your contract contains the timeline. Chances are they have no rights to rescind based on this inspection, but if they find out there are termites they can take some action.
Your agent should have provided you with a timeline of events and kept you informed as the dates went by. If they complete the sale, don't worry about it this time. If they raise the issue, go back to the contract and review the timelines carefully. Some dates are calendar days and some are business days. If they want to fight and your agent isn't up to it, have an attorney review and advise you. Sorry for the difficulties.
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Tue Aug 26, 2014
Dan Tabit answered:
Too many unanswered questions to say "yes" or "no" regarding buying this house. Your agent needs to do their homework for you and find out why it's been on so long. Overpricing and location may be the answer, but it could be there are other issue which require work or resolving.
What is owed on the home? What are the taxes? What is the assessed value? Have their been previous offers which were later rescinded? Has it been inspected and are the results available anywhere? Have you reviewed the seller's disclosure statement?
These are just a few questions that come to mind. Others will develop depending on the answers received.
If it's a solid house that was just mismarketed, overpriced for too long and is now within a reasonable value, it may be a good buy. If there are other issues, it may still be too high and an even lower offer may be worth trying. Hard to say without a lot more facts.
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Mon Aug 25, 2014
Scott Godzyk answered:
The listing agent can not request it be removed, they have to remove it. They can simply log into their account and manually remove it. If they are using an auto feed that takes their listings from MLS and places them on sites like this, they need to adjust their setting s on what ever site the use or speak to their broker to get Trulia removed from the list listings are sent to., ... more
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Mon Jul 28, 2014
Randy Tanner & Lindsey Racher answered:

This is a very hard situation. The first thing I would do is suggest to your listing agent that you put your home back on the market. How much money did she give you as a deposit (escrow money)? Hopefully it is at least 10% of the purchase price. I would suggest going after the buyer for her escrow money. She needs to sign a form to release it to you, but she should. If she does not, you can sue her for failure to perform.

If it isn't this person, someone else will buy your home. Do not worry.


Randy Tanner
RE/MAX Direct
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0 votes 4 answers Share Flag
Sun Jun 29, 2014
Scott Godzyk answered:
Each bank has different guidelines whether they will or will not offer incentives. You should really try a short sale before a deed in lieu. If you are at your last straw, then deed of lieu is better than a foreclosure, but a short sale is better than a deed in lieu as you can negotiate more of the terms. Make sure you are speaking with home retention and not the collection department, ... more
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Wed Jun 18, 2014
Kevin Cash answered:
Pricing is #1. If you want to compete in today's market, you have to be competitive. Work with a good Agent and they will guide you,
0 votes 12 answers Share Flag
Fri Jun 6, 2014
Annette Lawrence answered:
Put an end to your distress.

Pick up the phone and call a REMAX REALTOR. They will be able to refer you to a professional who is connected to the rental market.

The choice is yours. ... more
0 votes 1 answer Share Flag
Tue May 13, 2014
Melissa asked:
Wed May 7, 2014
Lanre Folayan answered:
Hey Jason. You want to talk to a Beverly Hills CA Real Estate Agent about that. Every state has different laws.
0 votes 1 answer Share Flag
Mon Apr 21, 2014
Leesa Hughes answered:
I've found that it's always a great idea to consistently re-evaluate your household budget, regardless of the situation. Some of the questions to ask yourself:

- Look at overall household debt. For example, are you paying for any of your child's college bills?

- Get an agent to look at comps and give you a home price value opinion. An experienced agent will tell whether you have equity or not.

- Do you really want to sell, or perhaps turn your home into a rental? Many folks are thinking about the benefits of turning assets (like a home) into an annuity stream. If you can make the rental cash-flow positive, it's a great way to start building up retirement income.

Please contact me and we can run through specific scenarios. I'd be happy to help you plan this all out.

Leesa Hughes
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0 votes 13 answers Share Flag
Mon Apr 21, 2014
Leesa Hughes answered:
Hi, there are some websites you can go through to get a broad understanding of crime stats. Here are a couple:

I'm a local, so if you need specific information please do not hesitate to contact me!

Leesa Hughes
Cell: (316) 462-9498
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0 votes 2 answers Share Flag
Fri Apr 18, 2014
My NC Homes Team answered:
Tax records are not updated in real time, so looking at them online doesn't necessarily mean you've got the most accurate information. Online Foreclosures sites are terrible sources of accurate information should never be relied on for accuracy. A local Realtor who specializes in foreclosure sales would be the best source of information.

Now for some reality: There are almost no deals to be had buying a foreclosure. Buyers mistakenly believe there are , when I as a 35 year veteran of flipping house, who works full time as a licensed Broker and who has extensive experience in renovation and building have never bought myself a foreclosure and the reason is simple unlike the general public I know for a fact that the risks inherent in buying a foreclosure are not amply offset by potential upside rewards. Most foreclosures are at best a fair deal, and possibly 1 out of 200 is in fact a real deal. The rest are money pits.

I've attached a link below that goes into more detail on the subject, but the average home buyer should be well advised not to pursue foreclosures and instead allow the banks to choke on them if they ever want the prices to drop to the point where these once again become a viable option
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0 votes 2 answers Share Flag
Fri Apr 18, 2014
Countrylivin' answered:
Asking question about same property. Supposedly sold in October 2013, closed in dec 2013, however still is showing owners as mortage passthrough cert. can't seem to find out anything. HELP! ... more
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Sat Mar 8, 2014
Suzanne MacDowell answered:

This is a terrific site for crime rate data. I think you can search by city or by zip code.
0 votes 1 answer Share Flag
Wed Mar 5, 2014
Rhonda Overman answered:
Wichita home sales have now been rising for three straight years. In fact, sales in 2013 are on pace to rise by 12.5%, the largest year-over-year gain on record. Based on studies, this trend should continue into 2014. This information is made available by the WSU Center for Real Estate and is part of a publication entitled "2014 Wichita Housing Market Forecast". At your request, I would be happy to provide you with a copy of this forecast. Feel free to email me at ... more
0 votes 2 answers Share Flag
Mon Feb 24, 2014
sheryl.newlin asked:
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