54308 : Real Estate Advice

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Mark Niedzie…, Other/Just Looking in Franklin, WI
Mark Niedziejko answered:
We have been working with a Realtor recommended by our insurance company but have found our perfect house FSBO
If you haven't entered into a Buyer Agency agreement you should be okay. You may want to have your Realtor talk with the FSBO to see if they are willing to pay a Buyer's Agent fee. I ha ... more
0 votes Share Flag Mon Nov 30, 2009 Home Buying in Green Bay
Tom & Nancy…, Real Estate Pro in Rhinelander, WI
Tom & Nancy Kuczmarski answered:
what is the asking prices verses sale price ratio?
This is the percentage difference between what a home was listed for vs. what it sold for. For example, a home listed at $150,000 sold for $145,000. The ratio is 96.7% or the home sol ... more
0 votes Share Flag Fri May 1, 2009 Home Buying in 54304
Cindy Leiter…, Real Estate Pro in De Pere, WI
Cindy Leiterman answered:
what terms are involved when you buy a house by renting it to buy it?
Hi Trish,

I believe what you are refering to is what is known as a land contract. The terms of a land contract are negotiated between the buyer and the seller. The terms of the lan ... more
0 votes Share Flag Sun Apr 5, 2009 Home Buying in Green Bay
Fred Glick, Real Estate Pro in Mountain View, CA
Fred Glick answered:
what if you accept an offer and don't want to sell at closing?
Dear Tina,

You have signed a contract and if the buyers have performed what they were supposed to do and you don't, they can hold you to the contract.

They can actually file and a ... more
0 votes Share Flag Mon Mar 2, 2009 Home Selling in 54301
Scott Vollmer, Other/Just Looking in Green Bay, WI
Scott Vollmer asked:
Great info... thanks.Is there a lag time for MBS purchases to affect mortgage rates??? I think I read that there are a big majority of the govt. purchases of MBS's ($92 bn) that are on the NY books and not closed on the Fed balance sheets which are only showing $7.2 bn. ...
0 votes Share Flag Wed Feb 25, 2009 Market Conditions in Green Bay
The Hagley G…, Real Estate Pro in Pleasanton, CA
The Hagley Group answered:
My husband & I are trying to refiance our equity loan off and on for the past year. Now with the markets how

Sorry to mhear about you lender issues. A lot of lenders today are happy to work with you...it is xheaper than foreclosing on a home. Who is your lender? If it is a major one, ... more
0 votes Share Flag Wed Jul 16, 2014 Market Conditions in 54303
Jed Lane, Real Estate Pro in San Francisco, CA
Jed Lane answered:
Changing Borrowers on a Mortgage
You would apply for a loan, you and your SO then when approved you deal with title to the property. YOu might be able to assume your Mom's loan if she set's up the loan that way.
0 votes Share Flag Mon Sep 22, 2008 Financing in Green Bay, WI
Jeff and Gin…, Real Estate Pro in Vero Beach, FL
Jeff and Ginny Mitchell answered:
What can be the expected projected profit after a home sale?
Call a Realtor or several in your area and ask your questions. You will pay Realtor fees when you sell but also don't forget title insurance for the buyer, possible state and local ta ... more
0 votes Share Flag Mon Sep 8, 2008 Home Selling in Green Bay, WI
Robbeaux,  in Lafayette, LA
Robbeaux answered:
We would like to put an offer on a short-sale home. How low should we offer?
The $64,000 question:
The first step is to make sure that the agent representing you is an expert in short sale contracts . The majority of all short sale offers fail to close because ... more
0 votes Share Flag Sun Aug 9, 2009 Home Buying in Green Bay
Scott Epstein,  in Crystal Lake, IL
Scott Epstein answered:
Why are so many people waiting to purchase homes when the selection is good, the prices, cheap interest rates?
Obviously every area is different as there are some areas that have had double digit growth over the past year. However, there are a few reasons why there is not going to be a buying fr ... more
0 votes Share Flag Fri Mar 25, 2011 General Area in 54311
Deborah Madey, Real Estate Pro in Brick, NJ
Deborah Madey answered:
I put an offer to a Short-Sale home. How long does it take to get bank respond for Short-Sale. The sellers
Hi Tammy,

While I know this answer will not be what you want to hear....it is, in fact.....the way it is. It might be a week.....and you might not hear for well over a month. In ... more
0 votes Share Flag Wed Apr 9, 2008 Home Buying in Green Bay, WI
Pam Winterba…, Real Estate Pro in Danville, VA
Pam Winterbauer answered:
I have C.S. of 540, should I try and buy now? or wait 3 years when my score will be higher? I have no downpay.

I would work on increasing my credit score. 100% percent financing with a credit score under 720 is next to impossible.

You might be able to get a FHA loan with your ... more
0 votes Share Flag Sat Apr 2, 2011 Foreclosure in Green Bay
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