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35020 : Real Estate Advice

  • All13
  • Local Info2
  • Home Buying7
  • Home Selling1
  • Market Conditions0

Activity 19
Thu Feb 7, 2013
Aaron Sims answered:
Trulia's recent solds come from public record and can be considered accurate. As to what is recent, you'll have ot see if the date of sale is listed to make sure you are not looking at a sale that is over a year or so old.
Best of luck!
Aaron
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0 votes 1 answer Share Flag
Sat May 25, 2013
franwatkins914 answered:
I have a home available for sale in Bessemer if you are looking for one now. I know you are seeking a list. Did you try asking a local real estate office /bank for their copy?
0 votes 1 answer Share Flag
Thu Jun 14, 2012
answered:
Rent to own is not what you think it is, real estate is not the same as a couch or tv. I hope you do not lose a lot of money, see the link below, good luck,

Jim Simms
NMLS # 6395

JSimms@cmcloans.com
Financing Kentucky One Home at a Time
... more
0 votes 1 answer Share Flag
Thu Apr 24, 2014
answered:
Hi Richard,
Getting Pre-Qualified for a mortgage should be your very first step. That will allow you to identify your financing options. Since you said fixed income, I am assuming that you are both retired and on Social Security and/or Pension income.

To get Pre-Qualified, you can submit a request online at www.rodneymason.com.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing
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0 votes 4 answers Share Flag
Thu Jun 30, 2016
Ron Thomas answered:
You could repeat the question, and leave out the word "Probate":
Realtors are THE BEST SOURCE for leads.
If you are only interested in PROBATE,
the leads can be filtered.


Good luck and may God bless
... more
0 votes 8 answers Share Flag
Sun Feb 19, 2012
Tareaholloway@ymail.com asked:
i have a job that i have been in 1 year and my credit it pretty fair. Do i need to try to find a person or will it be harded going to a company?
0 votes 0 Answers Share Flag
Wed Feb 8, 2012
Terry Farnsworth answered:
Hi TBodley,

I'm a little confused but I think what you are trying to ascertain is: Will a real estate agent provide me comps on homes I wish to buy from private sellers.......if I promise to enlist their services to sell said home.

I don't really know the answer to your question, to be honest. I suppose it would depend on the agent. If I had a quarter for every time an "investor" approached me........I wouldn't be selling real estate. Realistically, would you want spend time or do work for someone who you don't know personally, for free? I would sit down with an agent and explain the situation, and see if you could work out some form of agreement. I know plenty of people who rehab homes, and utilize one Realtor to sell them all - the agents only work the sell side of the deal.

I also always ask this question to investors - why not simply take the real estate licensing exam and get a RE license yourself? You'd have access to the Multiple Listing Service for a few hundred a year to pull your own comps, and you'd earn 2% or more back on any properties you purchased for yourself that are listed. Seems like a sage investment for people who buy multiple properties a year....
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0 votes 3 answers Share Flag
Sat Jan 21, 2012
Annette Lawrence answered:
Of course we know about wholesaling.
It is not a secret by a long shot. For many real estate agents it does not fit their business model.
Most wholesalers embrace the idea agents want to work for FREE. That of course is good for some, but not others.

To think agents are unaware of OPM, self-directed IRA, note financing, options, hard money, cross collateralizing and other readily available financing options would also be shortsighted.

The question should be rephrased, "What are the professional standards that make such transactions/arrangements less desirable or forbidden for real estate professionals or those who are realTors?"
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0 votes 5 answers Share Flag
Thu Jan 19, 2012
Bill Eckler answered:
T.

There is a wide variety of companies that place their property on Trulia and other internet forums of this nature. It's possible that the information you are viewing is accurate but not being portrayed in a completely accurate manner. There are agencies that misrepresent "distressed" property and disclose numbers that do not represent the value/price of the home but the debt associated with it.

With this said, if you are seeing "red flags" and feel the information is too good to be true you should proceed with caution. Likely the best and safest way to access accurate information is via a local real estate professional.

Thank you for posting your question.

Bill
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0 votes 5 answers Share Flag
Sun Jan 15, 2012
Anna M Brocco answered:
Consider contacting and interviewing in person a few local agents from different realty companies, then choose the one you like best; choose your agent with care. You can locate some area agents here, under the find a pro tab; also ask friends, family, co-workers, etc., for recommendations. ... more
0 votes 1 answer Share Flag
Thu Jan 12, 2012
Tbodley asked:
What is this home worth and how much does it rent for? I am looking to buy and resell this home. I contacted agents in this area about the property, but no one responded back to me yet....
0 votes 0 Answers Share Flag
Mon Jul 10, 2017
Ron Thomas answered:
I'm sure that there are a lot of Vandals and thieves that would like to have a list like this.
If they are UNLISTED, how would anyone compile a LIST of them.
The Banks have learned that it is not wise to have Vacant homes for long; they are letter Tenants and homeowners stay in the homes a long time, just to have it occupied.

Good luck in your search.
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0 votes 13 answers Share Flag
Mon Jan 9, 2012
Ron Thomas answered:
Pretty much what we do is construct a TARGET big enough for all to see:
Between Open Houses, Websites, Advertising and other Realtor's, we try to make it irresistable for people who WANT a house, to look at ours.
If it hasn't happened to you; we talk to people when we are standing in line at the bank, the supermarket and the car dealership. We create a netwook of potential clients and past clients. We count on word of mouth to talk about us, our past successes and our friends.
The idea is to make those motivated Buyers and Sellers come to us.

Good luck and may God bless
... more
0 votes 7 answers Share Flag
Wed Jan 11, 2012
Anna M Brocco answered:
No need to pay for any service as the information may not be uipdated, nor accurate; for free and accurate information, do consider working with an agent of your own....
0 votes 7 answers Share Flag
Wed Jan 11, 2012
Tim Moore answered:
Do you think they all are hanging around waiting to be found? Every Realtor likes to find a cash buyer.
0 votes 4 answers Share Flag
Wed Aug 31, 2011
Gusty Gulas Group answered:
If you are buying a home you can utilize the services of a buyers agent and the commission for that agent gets paid by the seller. This solves your problem. If you are financing you can negotiate in closing costs to include the appraisal but many banks like for you to pay in advance the appriasal fee.

Sincerely,

Gusty Gulas
RealtySouth- 52 Homes sold in 2010 (#2 Gold Club)
205.218.7560
gusty1305@gmail.com
http://www.gtherealtor.com -(Search all Birmingham area homes)
http://www.zillow.com/profile/Gusty-Gulas/Reviews/2011
Birmingham Business Journal Top 40 Under 40
... more
0 votes 12 answers Share Flag
Sat Jan 21, 2012
Jeanne (Genie) Barfield answered:
Dear Tbodley,
You need access to records of home sales. It is not always as simple as it seems. If you want to do a good job you can't compare apples and oranges. You say you want to invest in properties. Are you using a Realtor to purchase these properties? If so, ask your Realtor to do these CMA for you, he/she should be able to provide you with the information you need. When you are an investor it is helpful to have a close relationship with a Realtor, whom you feel is experienced, has a track record of working with investors, and is quick to move on deals once the homework is done.
Good luck.
... more
0 votes 5 answers Share Flag
Mon May 19, 2014
Keith Andrews answered:
Mark,

Where are you interested in living in the Birmingham area? Have you considered that some sellers may want up to $8000 down to make sure you have "skin in the game?" Many more questions to consider prior to finding a home. Let me know your thoughts and allow me to be of help if you need some. ... more
0 votes 5 answers Share Flag
Tue Jun 28, 2011
Oceanwindrealty answered:
1009 Rose Hill Circle
Hueytown, AL
FSBO... Me :-)
Asking $138,000 for it. Completely updated including new 30 year roof.
oceanwindrealty@gmail.com

thx
roger...
also, have one in dolomite, a 4bed/1.5bath for sale for $72,000. updated as well. both houses will sell for less than appraised value. ... more
0 votes 2 answers Share Flag
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