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Tipton : Real Estate Advice

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  • Home Buying2
  • Home Selling0
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Activity 3
Mon Oct 19, 2009
Djhaynes asked:
is priced below appraisal value. I have decided to refinance my mortgage to remove my ex-husband from the load and simply take back possession of the home. The real estate broker is telling…
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Thu Jul 31, 2008
Jeanne Scott answered:
In our area, it can take an additional 3-4 months before the home comes back on the market. Continue to watch for signs posted at the property by services that secure and clean it up. They have contact numbers you can call on the signs they post. This may allow you to get an inside track on the property. ... more
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Tue Jan 1, 2008
Linette Carroll answered:
Did your realtor do comps for other properties that have sold in the immediate area? If all other homes on the street are selling for say $100,000 and the bank is selling it for 66,000 because of the work it needs then your offer would be too low. If all properties are selling for close to the 66,000 then your offer may be close. The problem is that as Jim said, the bank will only lower the price when the property does not sell. Good luck in your venture. ... more
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