Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

23242 : Real Estate Advice

  • All0
  • Local Info0
  • Home Buying0
  • Home Selling0
  • Market Conditions0

Activity 274
Wed May 9, 2012
Chris Ognek answered:
I'd be happy to help - I have a contractor who does all of my clients' 203k jobs and all of my investment properties - probably 15 or so major renovations a year between DC and VA Beach. He is approved by Wells. Please call or email me and I can tell you more about him and the quality of work he does. You can also see his work at www.makeoveragent.com. Its a website I use to show my clients what they can do with a 203k. 540-834-7343, chris@therealq.com. ... more
0 votes 2 answers Share Flag
Fri Jun 15, 2012
Keith & Kinsey Schulz answered:
Assuming you've closed on the house and you now own it, ultimately your responsible. This is a difficult situation though. A case could be made against both the previous homeowner and inspector. I'm not sure how or where the damage was hidden, but if it's in an area your inspector could not see, the inspector is likely not responsible. If you could prove that the previous owner knew about the damage and intentionally hid it, they could be held responsible. The problem is how to hold them responsible. You are likely looking at an expensive court battle if you want to go after the previous owners. ...and then if they are judged liable, do you know that they actually have the money to pay for damages? Unless you are talking about a major expense and tons of damage (and I'm assuming your not since it was hidden), I'd just recommend dealing with it own your own. ... more
0 votes 2 answers Share Flag
Fri Jul 20, 2012
Ann Mullikin answered:
If you are looking for rentals check out www.exitfirstrentals.com. If you would like to see any of the homes, please call me at 804-385-2768. I can also filter MLS listings for your criteria if you will give me a call. ... more
0 votes 2 answers Share Flag
Sun Aug 18, 2013
Isabel Elsesser answered:
Because most builders only care about there own interest.
Some have there own contracts to protect only the seller.

I would use a buyers agent!!!
0 votes 6 answers Share Flag
Mon Apr 16, 2012
Phil Rotondo answered:
Foreclosures will end when you can no longer finance.
0 votes 3 answers Share Flag
Sat Apr 21, 2012
Denny Phipps answered:
Your query has gone without an answer for a very good reason: you need to talk with a qualified legal advisor with a review of the specific documents for this case. The situations that receive the strongest forebearance are for personal residences, to keep people in the home they live in.

Do you have a lawyer you can talk to? Would you like for me to help identify someone for you?
... more
0 votes 1 answer Share Flag
Sat Jul 14, 2012
Antwanet1006 answered:
Fri Mar 16, 2012
answered:
About to give away your big down payment? If you do not qualify for traditional financing today you may not in the future as well, it is a lot more complicated than you realize. Info in the link below may keep you from getting hurt, good luck, ... more
0 votes 4 answers Share Flag
Tue Mar 13, 2012
Sean Craft answered:
I am a specialist in the Brookland Park neighborhood and also live there. I have renovated several homes and just sold one there this month. Would be happy to work with you if you have not found someone to do so yet.

Sincerely,

Sean L Craft
804.338.3800 - mobile
seanlcraft@gmail.com
... more
0 votes 1 answer Share Flag
Fri Mar 9, 2012
Tina Beasley answered:
That is a loaded question. As a real estate professional, we are not allowed to "steer" clients to a specific area. I can give you facts and figures about an area and a specific property that is for sale. Then you can weight out the probability of future growth. There are a lot of areas in the Richmond market where we are seeing revitalization and growth. There are great deals in every area of this market to be found as I have being doing that here for all of my clients. It all depends on what you are looking for and how much work you want to do to a property. I have noticed that you are posting these open questions several times in different cities, why? If you want help from a real estate professional, then call one of us and talk. You will get a lot more information that way than posting multiple questions here on Trulia. It is much easier to talk to a potential client, than to type answers on a website.

Have a great day!

Tina Beasley
Associate Broker
Envision Real Estate, LC
804-972-9927 Cell Direct
... more
0 votes 3 answers Share Flag
Mon Jul 23, 2012
Heather O'Sullivan, Broker answered:
While I'm not sure about specific christian churches in the Richmond International area - I can tell you that there are many to choose from in that area as well as a quick road trip you will find so many to choose from that you will certainly find one best suited to you. Richmond International sits in an interesting spot. Near many interstates but also on the border of Richmond City and Henrico County - I would suggest checking into the 23231 zip code for rentals or 23150, 23075 and maybe 23223. of course bing.com search for henrico zip code maps or a search for richmond zip code map can help you out as well.

i have a home that will be coming up for rent shortly about 7 miles for RIC.

Heather O'Sullivan
Associate Broker
Long & Foster Strawberry Street
804 514 3197
... more
0 votes 2 answers Share Flag
Fri May 4, 2012
Barbara Reagan answered:
Having worked with many homebuyers over the years, I think that the one thing that makes a great buyers agent is someone who puts their buyers interests first and foremost. With some buyers, such as first time homebuyers, there are a lot of questions and a lot of unknowns, and with buyers who have never been through the process before, they want a Realtor who will not only listen to them but will also educate them. Some need a lot of hand holding; some have parents and other important people advising them; some have lots and lots of questions - but each one of these buyers needs to have a Realtor they can trust to put their interests first and foremost and to feel that they can trust that Realtor to guide them through the homebuying process. For buyers who have been through it before, they may not feel as nervous as the first time homebuyer, but they may have a home to sell and the Realtor may have already worked with them on a previous transaction, but again, they too will want a Realtor who is putting their interests ahead of the Realtors interest and will need a Realtor that they can guide them through the process (with the new regulations out there it may be very different from before)! And with buyers who are relocating into an area, you may need to do some things for that buyer in terms of helping them get to know the city they are moving to so that they can feel that they are making the right decision!

So in essence, a good Buyer Agent, will do the things that will help their clients feel comfortable with the process, educated about buying a home in the area, trust that they are putting the buyers interest first and foremost. A first meeting is important - whether you do it in an office, or even on Skype or over the phone. A good presentation (just as you would with a listing) is important to let the buyer know just what you will do to help them buy a home, previewing homes for the buyer (especially if they are relocating in from out of town), prompt responding to their questions, phone calls & emails, and taking the time to go over the contract and the documentation that they will sign, reviewing the comps in an area as a way to determine price & terms to be offered, and sometimes writing up offers you know won't be accepted but that the buyer wants to write - all of these things are some of the key things that a good Buyer Agent does.

Barbara A. Reagan
ABR, GRI, ePro, CRS, SFR, CDPE
Long & Foster Realtors
... more
0 votes 3 answers Share Flag
Wed Mar 7, 2012
Barbara Reagan answered:
Hello, Bpweems,

This is definitely a question you should ask your tax accountant, or even the IRS helpline. There will be some deductions, but what is allowed to be deducted on your taxes and what is not is a question that only a tax accountant should answer for you.

Good luck. Feel free to let me know if you have any other questions. Have a great day!

Barbara A. Reagan
Long & Foster Realtors
804-869-1191
BReagan2@gmail.com
... more
0 votes 2 answers Share Flag
Fri Mar 9, 2012
Heather O'Sullivan, Broker answered:
Great Tips for a renter before signing a lease, ah where to begin?
If you can afford to have the lease reviewd by a real estate attorney then do it. this little bit of investment can educate you on what the landlord expects and what your responsibities are to the property and the landlord.
be sure that the lease states the exact amount of monthly rent agreed on - once all parties sign it is a legal contract and can be binding.
find out what is going to be done with your security deposit. most state laws specify that these funds will be kept in an escrow account. find out what your state law is and be sure that the landlord is following the law. that is your money and should not be used towards rent, repairs, or late fees until the lease is up and you have moved out.
i always find that taking photos prior to a move in is good protection for both parties. be sure to promptly print or save to disc and share those photos with the other party - preferablly with the move in evaluation form.
best of luck in your rental!
... more
0 votes 1 answer Share Flag
Mon Mar 5, 2012
Tina Beasley answered:
You call a local lender and get preapproved for a mortgage loan if you are not paying all cash. Then you go out and look at properties with an agent that understands the short sale process. You find a property that you like and you make an offer to the seller. I normally put a clause in my client's purchase contracts that states that "Buyer requests that the mortgage bank either accept, counter or decline this offer within in 20 business days from the date of acceptance by the seller." That way, you will not be waiting months for the bank to approve the sales price and you can move on and find another property if you want to. You as a buyer can only make an offer and wait for the bank's response. Then once you have an agreement, you can move forward with inspections, etc. Most of the time you are purchasing the house AS-IS, so you must be happy with your offer price as the bank will not allow for repairs unless there are extenuating circumstances.

Give me a call! I would love to talk with you about the process in more detail.

Sincerely,
Tina Beasley
Envision Real Estate, LC
804-972-9927
... more
0 votes 2 answers Share Flag
Sat Mar 3, 2012
Kay Shobe answered:
In the State of Va. anything can be negotiable.
Closing cost is always negotiable-
Some Lenders and loans do have caps-It
is always important to ask before you write a
contract.
0 votes 2 answers Share Flag
Sat Jun 16, 2012
Heather O'Sullivan, Broker answered:
There are many easy answers I could give you;
*Kitchen
*Baths
*Fresh Paint
The truth is that each home & each market (location/sublocation) are different. The best advice I can give you is to call one of your local REALTORS. It is best to have them come do a walk thru of your home as it is today. Give you advice on what it is currently worth and then give you a list of items to either improve or upgrade that would increase your properties value for the buyers in your market.
There are always trends as to what is the hot item that buyers are looking for in a home right now!
Don't spend any money until you have a FULL TIME, PROFESSIONAL REALTOR advice you first.
Many times we go to our listing appointments to find that our sellers have spent money on areas that will not increase value or desireablity and will not be able to make that money back.
Best of luck to you! If you happen to be in the Richmond, VA housing market - feel free to contact me. Heather O'Sullivan Long & Foster Strawberry Street 804 514 3197
... more
0 votes 3 answers Share Flag
Fri Mar 2, 2012
Heather O'Sullivan, Broker answered:
There are many surprises for first-time buyers. Most of which are not surprises to Full Time Professional REALTORS.
There are surprises with your mortgage, with your closing costs, with which homes you should see, with the condition of homes (in every price range - you just have to expect to see all sorts of conditions), negotiations are often a surprise, closing costs and downpayments are some of the things that confuse any home buyer. plus there are inspections, renegotiations, termite inspections, along with processors and underwriters.
My best advice is to find yourself a Buyers Agent (someone that is working for you specifically) As a Realtor we do this everyday all day long and know how explain the process as to you step by step as well as be there to guide you through and protect you in the transaction.
If you are in the Richmond or Hampton Roads Real Estate Market - feel free to call me anytime Heather O'Sullivan Long & Foster Strawberry Street 804 514 3197
... more
0 votes 1 answer Share Flag
Thu Mar 1, 2012
Vicky Chrisner answered:
1 2 3 4 5 6 7 ...
Search Advice
Search

Followers

425