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Spencer : Real Estate Advice

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Activity 8
Wed Jun 24, 2015
Anna M Brocco answered:
If you are a for sale by owner the post is not allowed; if and when you do list with a broker, ask your agent to post the listing, or consider any flat fee realty company that feeds into the site.... ... more
0 votes 2 answers Share Flag
Tue Aug 19, 2014
Dan Tabit answered:
Mike,
It sounds like a good plan. Master suites are popular and can make a difference for many buyers. Without seeing your home, your plans and knowing your market however, I would encourage you to get some local opinions. The final question will come down to cost/benefit. Adding value generally means it will cost less than the value it ads. If the cost is greater than the value added, it may still be worth pursuing based on personal use preferences and or greater market interest in a home with a nice master. ... more
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Fri Dec 20, 2013
Nick Steffes answered:
We just closed on a new construction home at 1511 Kristin Drive for $233,075.00. This home was custom built with the buyer involved. Would this be something you are interested in? Nick Steffes
712-339-0293. 12 Oaks Properties Broker | Owner.
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0 votes 1 answer Share Flag
Fri Apr 26, 2013
Holly Brink answered:
Lauri,

Have you actually met with a lender yet to evaluate your situation? I suggest starting by going to a local bank and speaking with them. They will have a different perspective then any credit repair company and can tell you what needs to happen in order for you to qualify.

"Rent to Own"- unfortunately doesn't really exist in Real Estate. There is "lease with an option to buy" where you pay $5,000- $10,000 (agreed upon amount) non refundable fee to reserve the right to buy that particular home at a set price for a set time frame. If you don't qualify for a home loan or fail to use the option you do not get your money back... And the monthly rents you've paid does not usually go toward the purchase price; it's just rent.

There's also, "owner carry"- which is when the owner owns their home free & clear; you sign loan docs thru them and make the monthly payments for a certain amount of time; then again, you try to refinance or miss a payment and they can repossess the home from you.

Many owners don't like this because it doesn't help their cash flow at all but sometimes we get lucky.

So, meet with a lender first and then we can determine which route to pursue.
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Thu Jan 24, 2013
Holly Brink answered:
Ken, Stoneybrook is developing quickly. Would you like to arrange a showing? Right now you can get up to $20,000 in incentives for moving in to a new build like Stoneybrook. $12,500 from Spencer & SMU- $2,500 for financing from one of our local banks- and a 5 year tax abatement.

I don't know the answer about the ratio of rental property vs owner occupied properties- but I can try to gather that information for you. Shoot me an email.

Contact me if you have any further questions.

HollyKHuntimer@gmail.com
CENTURY 21 Jacobsen Real Estate

*Licensed in Iowa & Arizona*
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1 vote 1 answer Share Flag
Thu Jan 17, 2013
John Goede answered:
Jeannie,
Give me a call at Century 21.... 712-260-1197....... I 'may' have a couple leads..... need to know price range, size, etc...... or John@SpencerForSale.com
0 votes 1 answer Share Flag
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