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15295 : Real Estate Advice

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Activity 584
Sun Sep 23, 2012
Brian Teyssier answered:
I responded to you over on Zillow I am in the Pittsburgh market and would love to speak with you to see what your goals are.
0 votes 8 answers Share Flag
Mon Sep 3, 2012
Sandra Woncheck answered:
I was able to find a single townhome rental in the Cheswick area, through the multi-list. You must tell me what your budget is and how many bedrooms you need. Also, do you have pets (sometimes landlords will not accept pets), when do you need to move-in, how long do you want to lease, do you need a garage, etc..? If you want me to look for a rental for you, then please provide this information to me. ... more
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Mon Aug 27, 2012
Jeffrey Bennett answered:
With a standard PAR contract, if buyer and seller don't come to agreement on the inspection within the contingency period, the buyer must either accept the property as-is or terminate the agreement. If the deadline has passed, you're buying it as is! Do you have your own agent, or is the seller (and owner) on both sides?

Read the contract to be sure you don't have something else going on, but you've probably accepted the property as-is; the original contract stands (with no repairs) unless amended by both parties. You can still terminate the agreement, but are likely to lose your hand money.
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Sat Aug 25, 2012
Jeffrey Bennett answered:
Possibly! What you will get is a "Sheriff's deed," which doesn't make any promises. (Unlike a "normal" special or general warranty deed, which is insurable). You'll need to do a very careful title search before considering such a purchase, since it's inherently risky.

Sometimes liens are extinguished by prior action of law (e.g., foreclosure), but not always. It depends on how the property got to this point. You might not have a clear chain of title (e.g., flippers and floppers had at it and didn't record all the intermediate ownership changes), and if it's within a year you might even have liens that aren't recorded yet (e.g., mechanics liens; say they put in a $50k kitchen, then defaulted).

If you want to buy these types of properties, I'd talk to people in the office and see if they have any FAQs or other literature that might be helpful. I would also attend a few sales without bidding, just to watch how they go. There may be a small group of experienced investors (the proverbial "usual suspects") who attend these regularly. Always try to inspect the property to the extent possible (each area may have different rules).

As in other areas of life, if it looks too good to be true, it probably is. If you're the only one bidding, and the "regulars" aren't -- consider withdrawing. They probably know something you don't!
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Fri Jan 11, 2013
Colleen Billups answered:
Mon Dec 9, 2013
Melony Pate Arnold answered:
Ensure that you do your research and that you understand the challenges that you may face when you attempt to sell your home without the assistance of a real estate agent. Real estate professionals are uniquely qualified to eliminate these challenges by ensuring that the right price for a home is set, developing a comprehensive marketing and advertising plan, scheduling time to show potential buyers and most importantly identifying buyers who have both the financial means and the desire to purchase the home. ... more
0 votes 8 answers Share Flag
Thu Sep 13, 2012
Mike Netzel answered:
Thats an important question to answer before you move somewhere.
I have owned real estate in those markets for many years.
Never a problem.
Heard a story that goes like this:
A car pulls to the curb, gestures to the gentleman on the lawn to come closer,
and asks... "What is this area like"?
The gentleman asks in return: "What is the area your moving from like"?
Terrible the driver says. Afraid to go out at night, nobody talks to anyone,
just a bunch of thieves!
Well, the gentleman answers...this neighborhood is alot like that.
Then.... a short while later...
Another car pulls to the curb, gestures to the gentleman on the lawn to come closer,
and asks... "What is this area like"?
The gentleman asks in return: "What is the area your moving from like"?
Excellent the driver says! Friends behind every door, and everyone knows everyones name.
We all watch out for each other...my family has just outgrown the house.
We love it otherwise and will really hate to leave.
Well, the gentleman answers...this neighborhood is alot like that.
Crime, drugs, safe, unsafe... you have to feel it.
Walk Lincoln Ave, rest in Bayne Park with a book from the library,
attend church at one of the over a dozen churches there then go have
breakfast at The Rusty Nail.
AFter that, nobody will have to tell you...you will know whether you should go!
Onward!
... more
0 votes 4 answers Share Flag
Fri Aug 24, 2012
Blair W. Cohen answered:
Most Pittsburghers are friendly and a good agent can help you with market details. Check their resumes, experience and references which is usually available online if the agent has a good market and internet presence. ... more
0 votes 7 answers Share Flag
Sun Aug 19, 2012
Scott Godzyk answered:
Your best bet is to meet with a local and trusted loan officer who can prequailify you at no cost and let you know what price range you can afford. With a condo you will need to add in property taxes and HOA fees. They can easily do this and most will do it over the phone ... more
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Thu Feb 7, 2013
Tim Moore answered:
If you are asking about list vs selling price you need to contact an agent in the area of interest and ask them as all areas and markets are different.
0 votes 6 answers Share Flag
Thu Aug 9, 2012
Tim Moore answered:
I understand your concerns, but we are not allowed to discriminate, one way or the other way, to know or suggest areas based on National Origin or Religion. You will have to find the answer to your question someplace other than from a Realtor based website. Good luck and we hope you find your way to the USA. ... more
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Tue Aug 7, 2012
Janice Caputo answered:
Call me to discuss your needs 412 596 6035
0 votes 3 answers Share Flag
Mon Aug 6, 2012
Roland Vinyard answered:
He may be holding it up - or it may be his attorney. If it is his attorney, there may be issues that you will need to deal with regardless of who is buying. And if you really want to get out of the deal, you will need the advice of someone who 1) knows your State laws and 2) has read your purchase contract. Your attorney would be a good start. ... more
0 votes 8 answers Share Flag
Mon Jul 30, 2012
Doug Rees answered:
Hi Frank, now is a great time to refinance your home while interest rates are at historic lows. I have a wonderful Mortgage Representative that I use moat of the time. Feel free to contact me if you would like her information.
Good Luck on the Refinance of your Home Mortgage!
Doug
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Sat Jul 28, 2012
Lisa George answered:
I don't know your circumstances, but it doesn't hurt to try and get approved. The worse that could happen is that they say no. You will never know until they run your numbers. I suggest talking to a lender and they will be able to tell you one way or another. If you are interested, I could give you the name of the lender that my office uses. Please let me know if I could be of any further assistance. Best of luck :) ... more
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Wed Aug 1, 2012
Virginia Stump answered:
Congratulations on the big weight loss! I don't know her name, but here's a way to find her, if she worked for a big firm and your memory might be jogged by seeing her name. Google each company's name and zip code, say "RE/MAX, 15235". When the local company's web page comes up, search through the agents. They usually have pictures, too, I you ever had her photo. Good luck! ... more
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Sat Sep 15, 2012
Doug Rees answered:
Yes there are buyers agents that would be willing and happy to represent you regardless if the amount you are spending. If you would like to contact me feel free. I would be happy to assist you in your search for your new home.
Doug Rees
RE/MAX Select Realty
412 537-6636 cell
724 933-6300 x140
... more
0 votes 11 answers Share Flag
Thu Jul 26, 2012
Virginia Stump answered:
Landlords are not required to pay any utilities; though, they generally prefer to pay the water, sewer and trash. If you do not like the arrangement, you might consider finding another apartment when your lease expires. If you don't have an extremely low income, you might even consider buying a lower-priced home or going through a program such as USDA Rural Development, where the mortgage payment is subsidized instead of the rent. ... more
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Fri Jul 20, 2012
Brian Teyssier answered:
If it is "contingent" you can submit a back up offer.
0 votes 3 answers Share Flag
Thu Jul 19, 2012
Erin J. Marton answered:
Usually brokers charge an additional fee on top of the standard commission. This amount is called the "Broker's commission" and is usually disclosed in your buyer's agency (the form you signed when you hired your agent to represent you). Did you receive an estimated closing cost sheet prior to closing? It should have been disclosed (or at least estimated) on there as well.
The fee is for administration and paperwork. Different brokers charge different amounts.
Hope that helps!
... more
0 votes 8 answers Share Flag
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