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Tafton : Real Estate Advice

  • All4
  • Local Info1
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 4
Fri Aug 31, 2012
willmar54 answered:
Dear Airchamber:

I had my home listed with a realtor and I am now selling it as a FSBO. If you are interested in a darling 2 bdrm, 2bath let me know and I will gladly show it to you. Selling price is $179,900 without a realtor. You can e-mail me @ ... more
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Tue Jun 21, 2011
Maria Elena & Al Premuto answered:
As with all aspects of a Real Estate transaction, commission is negotable! Each region has a norm range for home listings and land listings. In the Pocono region, you will find that MOST homes are listed ate 6-8% while vacant land will be listed at 8-10%.
AL & I like to use the commission rate as a tool to help get your home seen by more agents and buyers! For example..if a buyer is looking for a particular size home in a community and there are 30 homes that match the search....most agents will scroll the list to look for the highest commission listings first. After all, it is human nature..we all work on a commission basis. Of course, if a particular home is requested, any GOOD agent will include that one also.
Let's face it, the more agents that see your house, the more potential buyers will see it also...and hopefully that will result in a quicker sale for saved in the long run when you figure mortgae, taxes and sometimes dues too!
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Thu Jun 2, 2011
Bill Eckler answered:

Since the bank does not have exclusive ownership at the present time you would have to deal with the present owner. Your best alternative is to wait until the bank takes ownership, monitor the local MLS, and be ready to act on it as soon as it comes onto the market.

Banks do not deal directly with the sale of real estate and will place it in the hands of real estate professionals at some point after taking possession.

You can attend the sheriff's sale and bid on the property there. This can be risky because of the fact that the liens and judgements on the subject property become your responsibility upon purchase and will need to be satisfied by you. This is why most of these properties end up back in the hands of the lender.

Good luck,

... more
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