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45422 : Real Estate Advice

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Activity 148
Mon Mar 21, 2011
Mark Wilson answered:
Ali- I would love to get you any info you need on this home. email me any questions to
0 votes 5 answers Share Flag
Thu Mar 10, 2011
Toni Craig answered:
Depending on the title search, and the response time of the HUD asset manager, you should be able to close within 30 days.
0 votes 3 answers Share Flag
Tue Jul 31, 2012
Lyle Wolf answered:
Unfortunately, you are dealing with an institution rather than an individual that you could meet and communicate with face to face. The bank will take as long as it wants to, to go through their bureaucratic process. Good Luck. ... more
0 votes 8 answers Share Flag
Wed Feb 16, 2011
Tim Moore answered:
Any back up offer is in place in case the primary offer falls apart. Unless the offer has an expiration date on it, it will be good until the property sells or until you withdraw it.

Strange question from an agent.
... more
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Fri Jan 21, 2011
Dan Tabit answered:
If the property is listed, any agent can help you with it. You can use the "Find a Pro" button on the top of the page to find a local agent who will be responsive to you. You are best off not using the listing agent, they represent the owner. By having your own agent, your interests will be protected. Best of luck. ... more
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Sat Dec 11, 2010
Alan May answered:
Lena - if you signed a 'dual agency' agreement, then 'yes', it means that if you buy that house, you have agreed to use that Realtor for the purchase of that house - only.

If you've found a different Realtor that you'd like to use, and you didn't sign an "Exclusive Buyer's Agreement" with that first Realtor... then, you are free to use whomever you'd like for all future homes.
... more
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Fri Nov 19, 2010
Robert Boldman Wolf asked:
0 votes 0 Answers Share Flag
Thu Nov 11, 2010
Annapurna asked:
We are a complex with 52 units. Ohio law states 10% reserve unless majority votes less or -0-. New FHA guidelines require 10%...I gather no deviation.. Do conventional loans require ...
0 votes 0 Answers Share Flag
Sat Nov 6, 2010
randy byrd answered:
0 votes 3 answers Share Flag
Fri Dec 17, 2010
Shawn Burns answered:
Your best bet would be to work with a local agent that is reputable. An agent will be able to give you an analysis of current market trends in your area as you will want to price your home to entice as many buyers as possible. An agent will also be able to give you a marketing plan suited to your home, including open houses and online marketing, as many buyers look to the internet as a first resource. Also, I would recommend that you have your property ready to be viewed by the public, which may mean some cleaning, painting, etc. Good luck with selling your home. ... more
0 votes 7 answers Share Flag
Fri Nov 5, 2010
John Kiefaber answered:
Probably about $400/side. If you can get approved for Section 8, should be able to get $650.00/side. This duplex is in a high risk area.
0 votes 2 answers Share Flag
Tue Oct 5, 2010
Anna M Brocco answered:
Keep in mind that opinions are often subjective--what may be good for one is not necessarily rhe case for another--much will depend on what best means to you, and your wants, needs, finances, lifestyle, etc. Consider visiting areas of interest to you beforehand, then make a determination, where will your comfort level best be reached. ... more
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Tue Nov 1, 2011
Janet Unkefer answered:
Hi Primetime,

I recommend that you contact a reputable title company. The title company will handle the entire transaction from providing a purchase contract, prepartation of all legal documents, title insurance policy, title search, pro-ration of taxes,escrow , recording of the deed etc. They will also make sure that everything is done to meet the requirements of the buyer's lender.

If the buyer is going through a lender you might want to ask that lender if they have a title company that they routinely work with or would recommend.

Good Luck and Congratulations on your sale,

Janet Unkefer
Cutler Real Estate
... more
0 votes 2 answers Share Flag
Mon Aug 16, 2010
James Gordon ABR SFR SRS answered:
Diane talk to the Realtor® that you are working with and have them run comparable sales for the area to help you determine an offer price. That will give you an averge sale price. At that point you look at what the property is listed for and determine based on condition and external factors your initial offer price.
If you are not working with a Realtor® as a buyer normally you do not pay a thing for the represtation of a Realtor® in the transaction. Any home that is listed on the Broker to Broker exchange (MLS) has the offer of compensation to the buyers agent, that is the only reason that the properties are there is cooperative sales with other brokers.
Watch out though some companies charge a transaction fee over what the offered commission is and expect you to pay it. The broker that I work with does not charge a transaction fee and seeing as they have been determined to be illegal in a couple of states has no intention of starting to charge such a junk fee.
... more
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Sat Nov 24, 2012
Susan Blanford answered:
Finding an agent who is open and honest and willing to provide accurate answers to the seller even though it may not be want the seller wants to hear, then listing a home for too high a price and not selling the home. ... more
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Mon Jun 21, 2010
Maggie Hawk answered:
In answer to your first question, not necessarily. A listing may have been on the market for a while, and the pictures were taken when the property was listed. In the meantime, the home could have been vacated. The opposite can also be true. I once had an agent from another company tell me she didn't bother to call to get showing instructions because the photos on the listing showed a vacant home. In the interim, the owner had put a renter in the property and she had a "24-hour notice to show" clause in her lease.

Many local Multiple Listing Services have a rule that forbids agents from using the photos from another agent who had the home listed previously. However, there is no guarantee that the MLS photos are current. Best way to know is to see for yourself.

Warm regards,
Maggie Hawk, REALTOR
(386) 314-1149
Watson Realty Corp.
... more
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Thu May 6, 2010
Anna M Brocco answered:
Fri Oct 1, 2010
Anna M Brocco answered:
If you are concerned about safety, your best source of information is the local police department; why not visit/call, ask all your questions and hear all firsthand, they'll gadly help. If you are not too familiar with the area, consider driving through the neighborhood more than once and at different times of day, look at everything that is important to you. ... more
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Fri Apr 2, 2010
James Gordon ABR SFR SRS answered:
Fri Feb 19, 2010
Mark Ryan-Mark Ryan Group answered:

I am just going to sit in and see what people say... hope you don't mind. :-)
0 votes 21 answers Share Flag
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