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Wayne County : Real Estate Advice

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  • Local Info1
  • Home Buying2
  • Home Selling2
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Activity 45
Tue Mar 21, 2017
Jasonstevens asked:
Wed Oct 5, 2016
Specialcase1987 asked:
I got a call today from a woman saying my fathers house is being foreclosed on and I am curious of if there is anything I can do to get the house or if there will be any actions taken against…
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Sat Sep 24, 2016
Tab622 asked:
I have a 3 bdrm home, 1bthrm, 2 car garage and 25.06 acres. I have already purchased a new home in Tenn. and I have a buyer for this one. He says he will cover all closing costs and if I…
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Fri May 6, 2016
Dalebridson asked:
Fri Dec 11, 2015
Wmfnichols asked:
I attempting to update misinformation listed for my house on your website. I have correctly identified myself from the names list, I have responded to the email confirmation and the webpages…
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Wed Oct 7, 2015
answered:
Short sales are rarely short and they don't always follow common logic. All offers are evaluated separately, and 5 months later you may have a new case manager assigned to review your offer. Depending on the bank (the larger they are the slower usually) I've seen it take anywhere from 2 weeks to several months. That's what you sign up for when you put in an offer on a short sale.

Now, it helps if you have an agent that is very savvy when it comes to short sales, and also if the listing agent has some experience as well. They usually need to follow up daily to the point of annoyance in order to get anywhere.

This obviously creates problems when you have a buyer that is: trying to lock in an interest rate on their mortgage, trying to set up moving plans, needing to sell their house also. But again, you just need to let things play out and if you aren't willing to wait things out then maybe a short sale home is not the way for you to go.

Good luck!
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Mon Oct 20, 2014
Steve Quintana answered:
Depends on what you mean by "on the side" and what you are trying to accomplish "on the side". More info is needed to analyze your question.
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Thu Jul 10, 2014
Annette Lawrence answered:
You didn't provide and information regarding why home didn't sell.
That makes it of no value.
Add some fabric THEN promote yourself, and the services you offfer all you want.
0 votes 2 answers Share Flag
Tue Dec 24, 2013
Annette Lawrence answered:
So much is unknown related to the property and future reale.
Clearly if the Macedon home is located near or adjacent to the canal, that would be a real value retainer. Closer access to Rochester and the Xerox center in Webster, all add value to the area. Easy drive to cross-country sking and orchards and of course the "Cool Whip' factory and Motts.
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No one can suggest if $240,000 is reasonable without an address or some real attributes.
Three area experts have responded to your question. You should pick up the phone and call one of them.
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There may be MUCH more you need to know but don't know to ask.
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0 votes 3 answers Share Flag
Tue Oct 22, 2013
Bradley Newton answered:
Jon,
There are currently no multi-family properties for sale in the Walworth-Gananda area Just in Marion there are 4, 2 of which are short sales and the others regular sales. In Wayne county from Rte 88 East there are 16 multi-family homes.

Depending on your financial goals, it would be hard for me to steer you towards one or the other. If you plan on purchasing one to live on one side and rent out the other, this will be a good owner occupant situation where the tenant can be paying for part of your mortgage.

If it's strictly for investment reasons then maybe the setup is not so important as you will not be partial to what meets your specific families needs. Whatever the case, I work with both investors and owner occupants to develop a specific investment plan and target the homes/areas that will meet your specific financial goals.

If you are looking to be an owner occupant then the setup may be very important. Financing is also slightly different depending on how you plan to use the property.

Feel free to contact me with your specific real estate questions at 585-236-7780 and I will be glad to review what is out there now in the areas you choose. We can always schedule to take a look if you are not sure which direction to go in.

Brad Newton
CBR, SFR, SRES, REALTOR
RE/MAX Custom
585-500-4511
www.Brad-Newton.com
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Tue Jul 16, 2013
Raymond E. Camp answered:
Good morning,

Thank you for the question.

A very hard question to answer; the use of the land whether for building (commercial), farming or building make it a wide range of pricing.
Commercial and water front property will be the highest an approved building lot medium range and bare lane the least.
There is no equation as to how much per acre.
Sincerely,
Ray Camp
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Thu May 16, 2013
Alison Hillman answered:
You can contact the listing agent who will be able to help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an agent, just click on the yellow button on the property's Trulia listing and you will be able to start a dialogue.

Please let me know if you have any questions or if I can help with anything else. I am happy to be a resource for you. Good luck with the search!

Best,
Ali, Trulia Voices Community Manager
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Tue Apr 23, 2013
Donald Mituzas answered:
That depends on what you are looking for. If you have cash to buy without a mortgage, you can go through the county records to see what foreclosure auctions are scheduled or where a lis pendens has been filed for a future foreclosure. If you plan on buying with a mortgage, contact a local Realtor and they should be able to help you.

Some of the foreclosure web sites that you pay for are very out of date. They will list a home as being in foreclosure when the bank has already foreclosed. One a bank has foreclosed, they list it with a real estate agent to market the property. Some are priced very competitively an some not. Keep in mind that you will usually be buying as is. If you are getting a mortgage this could present problems.

Ask around to see if anyone you know can recommend a good Realtor that can help you.

Good luck!

Don Mituzas
Licensed Associate Broker
2008 Realtor of the Year
Douglas Elliman Real Estate
New York's #1 Real Estate Broker
http://www.donmituzas.com
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Fri Apr 12, 2013
crawleroc answered:
79 tillable Palmyra gravel in Newark just sold for $3500. a arce, two farms fighting for it but it would depend on location,tillable,woods utilities
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