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Home Buying in 55123 : Real Estate Advice

  • All8
  • Local Info1
  • Home Buying4
  • Home Selling0
  • Market Conditions0

Activity 82
Mon Feb 28, 2011
Lois Hinrichs and Kyle Hinrichs answered:
HI Katie,
Septics W/ drain fields are legal in WI depending on the location of the home. Country properties require a septic and there are multiple styles (conventional, at grade, mound, holding tank) that are used depending on soil conditions and amount of space available. Homes that sit on soils with good drainage usually have a conventional system and drainfield. Homes that have poor soil drainage will typically have an at grade system or mound system with a drain field. Holding tanks without drainfields many times come into play around lakes, very small lots or impossible soil conditions. Hope it helps. If you are looking to buy in WI, We would love to help. Kyle ... more
0 votes 1 answer Share Flag
Mon Nov 14, 2016
Mack McCoy answered:
You can't "make" a seller do anything, you can only negotiate with them.

All the best,
0 votes 13 answers Share Flag
Thu Jan 2, 2014
Anna M Brocco answered:
Consider interviewing in person a few agents, or as many as needed, from different realty companies, then choose the one you like best; ask about scheduling around your needs, who will choose the properties to be seen, can you expect updates on new listings and recently sold properties, and how often will communication occur, etc. Ask about current sales in your areas of interest, negotiating strategies, etc.; choose your agent with care. ... more
0 votes 18 answers Share Flag
Fri Mar 14, 2014
Carolyn Jass answered:
Dear Thiyagarajan,

Contact your bank in India and have the money wired to either your daughter's bank in the USA or perhaps to the title company in the USA. Title Companies handle the money for many sales.

In the USA flats are called Condos if they are owned, and they are called Apartments if they are rented. Apartments are usually rented for a year, but sometimes can be rented for a month at a time. If a person rents just one room and share the bathroom and kitchen with others, it is called a Room For Rent.

Either you or your daughter can contact me me and I will help you if you are in St. Paul or Minneapolis or the surrounding areas.

(I work for a another company that has it's center in Chennai India.)

God bless you.

Carolyn Jass, Realtor
Twin Cities Real Estate, Equal Housing Opportunity
651-344-6226
carolynjass@live.com
... more
0 votes 2 answers Share Flag
Sun Oct 5, 2014
Dallas Texas answered:
How would you know this ? Are there properties selling via Realtors posted in MLS with buyers agent representing the buyer. IF YES. then buyers have Realtors who represent them for sales as listing / buyers agent

I believe it is education of Realtor show value of our services.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 21 answers Share Flag
Thu Jan 2, 2014
Anna M Brocco answered:
Keep in mind that assessed value has no bearing on market value--you need to be aware of recently sold similar properties in the immediate area, review the data and make a determination as to a fair price--ask your agent for comps. ... more
0 votes 21 answers Share Flag
Sun Oct 5, 2014
Dallas Texas answered:
Best review all these options with a professional who has all your financial records.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 14 answers Share Flag
Thu Oct 23, 2014
CCC answered:
Hi, are you paing cash of mortgage? A mortgage will request an appraisal. Also, ask your Realtor for a CMA (Comparable Market Analysis).

It is impossible for me to say yes or not about paying to much since I do not have seen the property and do not know the conditions of the comparative properties.

You could ask the seller to fix all those minor issues if you do not want to deal with them later.

Good luck.

Benito.
... more
0 votes 4 answers Share Flag
Fri Apr 23, 2010
CCC answered:
Tue Mar 30, 2010
Dan Chase answered:
You have to make up your own mind about what to do. Look at the question below and also the blog below it based on that question. As I read through both I just got more confused about the right thing to do. You have to see what you want, what you are willing to spend, and how much you are willing to lose out on that house. THEN make the decision to increase your bid or not.

http://www.trulia.com/voices/Home_Buying/Proof_of_competing_offer-200578

http://www.phoenixrealestateguy.com/can-i-get-proof-of-a-competing-offer/#comment-68270
... more
0 votes 8 answers Share Flag
Thu Mar 11, 2010
Richard Schulman answered:
First, do you have a buyers agent representing you? If so, they should be helping you out with these questions (and this a reason to have a buyers agent -at no cost to you - as they help with these things and navigate the tricky short sale process).

Second, don't be surprised about banks dragging their feet. We see this constantly now, and yes, it makes no sense. The banks are overwhelmed though. We have found the best way to deal with the banks is to repeatedly call/email your contacts there, try to get other contacts and work your way up. Get in touch every day. Eventually you usually get your answers, with enough persistence!

Good luck,

Richard Schulman
Keller Williams Real Estate
... more
0 votes 6 answers Share Flag
Sat Feb 27, 2010
answered:
Yes, it does. I have access to this product but, in fairness, I'd rather refer you to a specialist. Jerry Fancher from Wells Fargo ((612) 386-4367) is very, very good at these.
0 votes 9 answers Share Flag
Thu May 10, 2012
CCC answered:
Find a Purchase Agreement form for the State of Minnesota (last forms) , fill it out, fill out the addendums, call the city and check on occupancy status, present the offer, remove contingencies, if any, go to closing, done.

http://www.mnrealtor.com/Frequently_Asked_Questions/AM/ContentManagerNet/ContentDisplay.aspx?Section=Frequently_Asked_Questions&ContentID=6506
I will try to find 2009 forms.

Good luck.

Benito.
... more
0 votes 28 answers Share Flag
Sat Jun 1, 2013
Brad Anderson answered:
Lori, here is a link that explains buying HUD Homes. Hope it helps.
0 votes 3 answers Share Flag
Thu Jan 28, 2010
Anna M Brocco answered:
Have you visited with a qualified loan officer(s) yet, if not you should and see exactly what your budget can handle--then take it from there--home mortgages are just that, for the purchase of real property--did your brother perhaps do an equity loan after he purchased--again if you haven't done so yet, visit a loan officer. ... more
0 votes 6 answers Share Flag
Fri Mar 22, 2013
CCC answered:
Hi, not on buying but on refinance, so you need to have a home , and equity, to consolidate the debt.

Get all you paperwork toghether, such as, last 4 paystubs, last 2 years of tax returns, last 3 bank statement, make an appointment with a Mortgage consultant, get pre approved and see what is in your range.

Best.

Benito.
... more
0 votes 8 answers Share Flag
Tue Jan 26, 2010
Kathleen Lordbock answered:
Many more homes will be entering the market in your area soon. Here in the Brainerd Lakes things are picking up and new listings are hitting the market weekly. Buyers are also coming out of hibernation and realizing that the Tax Credits end in April. ... more
0 votes 9 answers Share Flag
Thu Jan 2, 2014
Anna M Brocco answered:
Why not seek the advice of an attorney that specializes in Real Estate--maybe there are other ways of coordinating exterior an roof maintenance, since the home is not part of any HOA.
0 votes 6 answers Share Flag
Thu Oct 15, 2009
Lenny Frolov answered:
Typically your credit is not used in a contract for deed situation. The seller may elect to run your credit to determine worthiness but that is not mandatory. I have run into a lot of sellers that will not run credit if you have a decent down payment. Also, if you are the only one buying on the contract for deed technically you would be needing only your credit if seller decides to run it. Like in your previous question though your wife would automatically be added to title. ... more
0 votes 5 answers Share Flag
Thu Oct 15, 2009
CCC answered:
According to my knowledge if you are married and buy a home, it will belong to your spouse too. Both are owners.
Then, if you divorce, your spouse will owned that property too and will have to be on the divorce decree if you had an agreement.
If you want to sell later, you need yoru spouse signature too.
I do not recommend separate married people to buy a home.
... more
0 votes 4 answers Share Flag
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