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How To Buy A Home Without A Realtor All Locations : Nationwide Real Estate Advice

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Showing results for How To Buy A Home Without A Realtor [Clear search]
Tue Apr 9, 2013
James Bellile answered:
It depends on who you are, what you own, and, of course, the ever so important, where you own. Do you know the local laws? Do you know what an SRPD is? Did you know that having a real estate agent representative historically has averaged about an 18% greater return on the property sale than an FSBO? That's far less than they charge and avoids a lot of hassle.



Sincerely,



James R. Bellile BS, RRG, SRS, ABR
Broker/Salesperson
iProperties International
LasVegasRealEstateConnection.com
702-222-0815
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0 votes 14 answers Share Flag
Fri Jul 12, 2013
Anna M Brocco answered:
Not all agents are created equal; you can contact your agents broker owner and or office manager, express your all your concerns; you can ask to be released from the contract, or ask to be assigned another agent from within for the duration of that contract. ... more
0 votes 10 answers Share Flag
Thu Jul 25, 2013
Daniel Di Matteo answered:
I'd be more than happy to help.

Daniel Di Matteo
619-512-0006
Daniel@DiMatteoGroup.com
0 votes 35 answers Share Flag
Thu May 2, 2013
Lance King answered:
This is called staging, and it absolutely does make sense. Buyers often have little imagination, and properties that are staged will sell for more than a similar property that is empty.
0 votes 12 answers Share Flag
Wed Apr 24, 2013
Ron Thomas answered:
The two most important things that Lenders look at are your record of paying bills, and your ability to pay future bills:
How likely are you to continue to pay your obligations, and,
The sources for your money to pay them.
If you have lots of money in investments and savings, you could get by, but they generally want you to have a job; a continuous influx of money.
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0 votes 9 answers Share Flag
Mon Mar 10, 2014
Alan Walls answered:
I have worked with many mainland buyers, including from NY. Video tours are very easy to do. In fact now days many homes for sale already have video of them posted on YouTube. Search for homes on Maui for sale on my site mauirealestatecoach.com and them search the address of the ones that interest you on YouTube. If there is not a video posted, I can make one for you easily. Email: Alan.walls@windermere.com. ... more
0 votes 6 answers Share Flag
Wed Apr 3, 2013
Jennie Miller, Pllc answered:
Well there are golf courses all over the Phoenix area so it will be very challenging to find a community that doesn't have a golf course or one nearby! There are some parts of Sun City that have very low or no HOA fees and there are many areas that are not situated right on the golf course. ... more
0 votes 7 answers Share Flag
Thu Apr 2, 2015
stephen webber answered:
Depends on how well it has been maintained. Many many good solid houses over 50 years old. Just be sure to have your purchase inspected.
If you where to decide on and establish a geographical area you prefer to live in and establish a price range than see every property for sale in that area and price range you would become a very savvy home owner. Its not that difficlut of an undertaking. In my real estate years I walked hundreds and hundreds of people through the process and they were always happy with the results. There are a series for articles at Your-Road-Home.com that outline the process for you. You will also find articles on home inspection.
My advice has always been; gather information, gather information and...
Than after yu gather up all your information you will find loan officers and real estate agents on Trulia offering their services. Good source.
Best of Luck, Stephen
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0 votes 29 answers Share Flag
Thu May 30, 2013
Tom Sloyan answered:
I would recommend that you not be there. Most buyers feel uncomfortable when the seller is around and might not let the agent know what they like or dislike about the home. This is important for the seller's agent, so they can share with their seller's what buyers are saying about the home. ... more
0 votes 17 answers Share Flag
Thu May 22, 2014
Suzanne MacDowell answered:
Should be. Looks like you've improved your credit score. I think three years is if the house goes to foreclosure. I would advise talking to a local mortgage banker, someone who specializes in writing mortgages, to get their opinion and advice, but I think you will be fine. ... more
0 votes 11 answers Share Flag
Tue Apr 9, 2013
Maurice Thomas answered:
I agree with Elizabeth... This is a sellers market. Low inventory = lower supply = higher prices.
High demand = higher prices. With low inventory and high demand it is a sellers market. Please let me know if you have any questions. ... more
0 votes 13 answers Share Flag
Tue Sep 2, 2014
Steven Ornellas answered:
Hi Emiley,

I would advise you meet with at least three Realtors®; however, you should keep interviewing until you are satisfied you have found the right Realtor®; there's no reason to rush your decision.

Access each Realtor's® Trulia profile for those that interest you [ i.e. http://www.trulia.com/profile/SteveO ] and read a few Client testimonials; and don't be shy about asking for contact info of prior Clients!

Aside from the above, here are my “Top 4” bits of advice for new home buyers looking to assure a successful outcome:

1) Find a professional Realtor® to work with to protect you interests.
Simply put, your Realtor® will be able to answer initial key questions and guide you through the process. One of the key advantages of involving your Realtor® is access to seasoned Mortgage Broker/Bankers with a track record of getting the job done. You can check to make sure an Agent is a Realtor® by going here: http://www.realtor.org/rofindrealtor.nsf/pages/FS_FREALTOR?O…

The primary distinction of any Realtor® is they have a real estate license by taking required classes and passing a written test - but most importantly - they must also subscribe to the Code of Ethics published by the National Association of Realtors® (NAR). Typically, Realtors® are also members of state and local association of Realtors® and further agree to abide by the bylaws, rules and regulations of those associations.
The full Code of Ethics can be found at http://www.Realtor.org/mempolweb.nsf/pages/code

2) Obtain a "True Pre-Approval" (your most important step in my opinion).
You MAY need to improve your credit score, increase cash reserves, etc. before buying; however, at least you will have a roadmap to eventually purchasing if this is the case. Furthermore, this step can save you from wasting money on a purchase that does not close escrow!
http://www.Steven-Anthony.com/GettingStarted
&
"Retail Banks vs. Mortgage Broker/Bankers"
http://tinyurl.com/6qln6nd

3) Make sure you obtain access to your local AND regional Realtor® MLS data via an automated search your Realtor® should most certainly create for you; here's why:
MLS Data Accuracy – Where to search if you’re “without Realtor®”
http://tinyurl.com/ctr4d44

4) Avoid Dual Agency!
There are specific duties an Agent must provide. When one individual represents both Buyer and Seller conflict between two of the most important duties occur.
“Dual Agency: Why should I NOT use the listing Agent to buy a house?”
http://tinyurl.com/ajkjpuo

-Steve
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0 votes 34 answers Share Flag
Thu Nov 7, 2013
Brian Ripp answered:
Tue Apr 2, 2013
Kerstin Brooks answered:
It sounds like you love the neighborhood where you live but there are a few things you don't like about your house. Why do you want to renovate? Is the house stuck in the past? Will a few simple changes bring it up to date? Like new paint, resurfacing some of the flooring, cabinets, etc. then it is probably more cost effective to stay put and renovate. However, if you start talking additions to get more space, moving walls to make it more functional, etc. it might make more sense to move. Hire a real estate agent to educate you on the cost of selling and the cost of buying and then hire a general contractor and/or architect who specializes in remodels/renovations to get bids and then do the math to figure out what the best solution is. ... more
0 votes 5 answers Share Flag
Thu Apr 4, 2013
Pacita Dimacali answered:
Guess one should look at the factors that may explain why the house isn't selling. Principles of marketing: price, product, placement, promotion,

The first thing we review is the price. If it's over priced, it's not going to move. Some sellers may be in denial and refuse to accept their realtor's recommendation on a marketable price.

Condition of the property ---many buyers make decisions within seconds of seeing (or driving by a property). If it looks bad (junk/trash in the yard, and in obvious need of serious repairs), it may not entice buyers except for people looking for fixer uppers to fiip. But for fixer uppers, the price has to make sense, i.e., low enough to make room for investment in repairs, and to earn a profit when sold.

How is the property marketed? Is it on the MLS? Does it feature lots of good photos? Again, people can make decisions within seconds. As such, the photos must create the most positive impressions. Here's an artilcle about 12 horrible real estate photos that will scare away buyers
http://now.msn.com/bad-real-estate-photos-a-photo-gallery

How easy is it to show to prospective buyers? If there's a tenant, is the tenant cooperative? Are the residents willing to have a lockbox that realtors can access upon making an appointment?

Where is it located? The most oft-repeated phrase "location, location, location" is still true. If it's in a less desirable location, all the more that one should focus on the other marketing principles.
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0 votes 5 answers Share Flag
Fri Feb 13, 2015
Christine Shevock answered:
that seems unusual. I always provide a seller net out sheet during my presentation which details all the fees that are associated with selling your home.I would be happy to discuss this in person. Please give me a call. ... more
0 votes 19 answers Share Flag
Wed Apr 3, 2013
Lou Cioffi answered:
A Home Warranty is exactly what it states. This can be offered by a seller or a buyer may purchase one. This plan will protect your appliances, a/c, plumbing etc. for a certain amount of time. There are a number of companies offering this protection and my advice would be to examined each plan and compare. ... more
0 votes 8 answers Share Flag
Sun Apr 7, 2013
Richard Taylor answered:
Houses are not put up for sale on the day of foreclosure nor is the bank required to put them up for auction. Sometimes the LA will put up a sign in advance of the MLS listing, but not always. If you have a real estate agent who has a MLS automated search in place for you, you will see whatever comes on the day the listing agent puts it in the MLS. You cannot rely on the "various real estate websites" to have information as current as the MLS. The MLS is where they get their data.
If you would like, I can create a search for you and/or find out details of the house in question. Contact me at home@click3times.com.

Rich Taylor 443 710-7871
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0 votes 4 answers Share Flag
Mon Apr 1, 2013
BayAreaHomeRebate answered:
Contact Jai Ramaiya @ Wells Fargo. She's local in Vallejo and can help you out with this.

Here is her contact info

https://www.wfhm.com/loans/jyotsna-ramaiya/index.page

Thanks ... more
0 votes 6 answers Share Flag
Thu Apr 4, 2013
Lucid Realty Team answered:
Often the properties are rented when they are on the market. That's the best scenario because it tells you exactly what the market value of the rents are. You should get a rent roll that will help you confirm the rents.

If they are not already rented then you need to really study the area rents.

Make sure you are working with a realtor that is financially savvy so that they know how to evaluate the opportunities. Because Lakeview is so popular the returns are often lower there on investment properties.

If you would like to discuss further you can call me at 312-738-0232 and I can tell you about our commission sharing program that can be worth thousands of dollars to you.
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0 votes 7 answers Share Flag
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