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Home Selling in 48105 : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying6
  • Home Selling4
  • Market Conditions0

Activity 13
Tue Sep 8, 2015
Cute house. If you are listing through an agent, the MLS system is updated in Trulia often, so it should correct itself. If your home is FSBO, I do not think Trulia picks that up unless you enter the home yourself in the MLS through one of the FSBO options.

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Thu Feb 16, 2012
David McNamara answered:
As with all things, it really depends. How are the tenants and how do they treat the property? It has taken me longer to sell an income property or even rent one out when the tenants are messy. 140 Hill is in a location which is great being a renovation, but still somewhat tough to rent in harder times due to its proximity to campus, but if you can show quality rental income and history you are better off. The fact that this property has two units right now in this market is ideal, as smaller units are renting much better right now. We manage 121 Hill for an owner, and as a six bedroom house (being renovated now) we are still having some trouble renting it out due to its size. Woodlawn is a totally different entity altogether, as Burns Park homes or those on the border of what may be rentals and those as single family homes, they sometimes have two values. I sold one on South Forrest that had a much greater home buyer value than income property value. As with all things, I typically suggest doing a walkthrough of properties before I hand out values, as those values can change vastly. Give me a call if you want to talk more. Cell – 734-476-9768 ... more
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Thu Feb 16, 2012
Alan May answered:
No, all Realtors or Real Estate Agents do not charge the same fee. The fee for selling your home is negotiable and each agent you interview will tell you what they charge, and what services you get for that fee.

Is it a reason to shop around? Of course it is, but it shouldn't be the ONLY reason to shop around. First, find someone that you actually WANT to represent your sale... someone with a proven track record, a good marketing plan and then see if you can come to an agreement on their fee.

Good luck.
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Sat Feb 5, 2011
Cicely Brookover answered:
First check whether your condo by laws permit rentals. Most do, but may ask for at least a year. A Realtor will make sure that the tenant gives you credit/emplyment information so you may make an informed decision. The Realtor can draft the lease and give you other necessary docs. Fees are negotiable between you and your agent. If you are leaving the state I'd recommend a management company - they collect rents, pay your bills, THEY get called in the middle of the night, not you. Again fees vary. If you contact me, I can put you in touch with Coldwell Banker's management company. They handle many many leases. If you are never coming back and a job takes you away, perhaps a short sale should also be considered. I've had success with Craig's list, but hard to separate the good from the bad. ... more
0 votes 12 answers Share Flag
Mon Mar 29, 2010
Michael Thompson answered:
Look to your purchase agreement. Is it past your "closing" date? Was there a date the financing contingency was suppose to be removed? There's a number of different real estate contracts around, so the answer to your question, like most legal ones, is depends. In this situation spend the $500, see a lawyer, they can likely get you faster than anything else. (and trust me that's almost always my last advice! :) ) ... more
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Sat Aug 1, 2009
Brian and Mary Bundesen answered:
If your buyer is getting a mortgage, the unit will have to appraise at the inflated price, or he will have to make up the difference via the down payment. The new appraisal laws are very stringent, and many properties are not appraising at the agreed upon sales price. Also, based on the type of mortgage, the amount of concessions are limited, and typically would not exceed the closing costs.
Hope that helps, and good luck.
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Wed Feb 25, 2009
Todd Lands answered:
Good Morning Kathy,
Sure, but it was not easy. It was my first one and not my worst (but it was close) but they kept giving me to new people to talk with at their end and the hours I spent on the phone on hold could be counted by the tens. Many times while holding for what could have nbeen twenty minutes plus the line would go busy (great phones on their end). Good luck. ... more
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Mon Nov 24, 2008
Jeff Davis answered:
Well that was a pretty good way right there. If I'm right and your selling this yourself, its kind of hard in general to put it out there to agents. You could contact the local agencies, talk with the manager and let them know to tell their agents. You could try its kind of like this site. Signs are huge for open houses, put them out early with the day and time.

I would also like to warn you that doing this yourself, especially with an open house, you just opened your house and family up to everyone. And as you know there are a lot crazies out there.
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0 votes 18 answers Share Flag
Wed Apr 8, 2015
Jackie O'Connor answered:
Hi Ruth,

The best way to sell it from afar would be to list with an agent you trust to get the home sold with the least amount of headache. Our team, The Bouma Group, often works with sellers who live in another part of the coutnry or even the world! We handle all of the details to listing and showing and will even coordinate any repairs or updates for you. If you would like further information about our team, please feel free to contact Kristal in the listing department at 734-761-3060 or or just go to our website to be added to the market snap shot at ... more
0 votes 16 answers Share Flag
Sun Mar 30, 2008
Maureen Francis & Dmitry Koublitsky answered:
Price and marketing. Make sure your agent can get you the best exposure. Look at his or her internet marketing plan. Find out their experience in your neighborhood.
0 votes 9 answers Share Flag
Mon Mar 17, 2008
James Gordon ABR SFR SRS answered:
Andrew I just had a property where the appraiser said the home was on a slab.

The home was on a full basement.

They changed the appraisal to reflect the full basement but did not change the valuation of the property.

Sometimes in the past we could get an apraisal raised by bringing other comparable sales but in the current market it is a slim chance.
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Wed Apr 2, 2008
Maureen Francis & Dmitry Koublitsky answered:
No, neither of you does. You can sign documents prior to closing. Or one could give the other a power of attorney prepared by the title company.
0 votes 9 answers Share Flag
Wed Dec 12, 2007
Michele Lundgren answered:
Are the Buyers looking for a variance on the current use? If so, you might ask for the variance in advance and offer it with the sale. If no variance is being asked for, I can imagine what obstacles for an owner occupied house would come up? Is it multi-family? A rental property? ... more
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