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Home Selling in 55442 : Real Estate Advice

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  • Local Info0
  • Home Buying3
  • Home Selling4
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Activity 66
Fri Feb 15, 2013
Christopher Block answered:
It is recognized by appraisers. I have a client doing it right now and work in your world Chad as a realtor. The appraiser ultimately is looking at the comps in the neighborhood that have sold. Does not matter if you are a DIY flipper or you hire someone to do the work... hopefully the finished product is the same. An appraiser is not going to discriminate just because you did the work yourself.

If you want to throw me an email with a little more detailed description of what you are going through I may be able to help, because I am guessing you are selling the house and having appraisal issues?
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0 votes 2 answers Share Flag
Sat Feb 9, 2013
Peter Mohylsky answered:
Nothing, If I assume you are asking what happens when you sell a home for less than the mortgage. You will be expected to bring money to the closing to satisfy the bank unless you have negotiated a short sale. ... more
0 votes 5 answers Share Flag
Thu Feb 21, 2013
Josh Barnett answered:
You have to trust your gut and speak with a local attorney.
0 votes 11 answers Share Flag
Mon Jan 7, 2013
Albi answered:
Generally, you should list the lots independently, but in the remarks section of the listing mention the possibility of purchasing both. The city would have to approve of combining the lots if the buyer was planning on putting the new structure across property or setback lines. Additionally, there may be covenants or restrictions in the neighborhood that may prevent this as well. I represent a custom luxury home builder in the Metro and may have clients interested in a project like this depending upon where the lots are located and pricing. Give me a call if you'd like to discuss this in depth. Hope this gives you a good start... ... more
0 votes 13 answers Share Flag
Sun Apr 6, 2014
David O'Neil answered:
Those are some fairly complex questions. There are some FHA programs that might you might be able to use however, I would need a little more info from you with some more specific numbers on what you are looking to purchase. As far as the tax info is concerned, that is not a very accurate assessment as to the current market value of your home. Having a market analysis done by a realtor would help find the number your home will sell for in the current market.
If you would like to have a more in depth private conversation on this, please give me a call.

Dave
612-876-1544
dmoneil@cbburnet.com
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0 votes 23 answers Share Flag
Thu Jul 17, 2014
Maria Cipollone answered:
You are responsible for whatever the agreement was between you and the buyer. Contact your real estate agent and ask him/her to review your sales contract and tell you what are your obligations in this case.

Best of Luck,

Maria Cipollone

Century 21 Tenace

www.Flahomesepcialist.com
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0 votes 14 answers Share Flag
Wed Nov 7, 2012
Maria Cipollone answered:
Shop around for a real estate agent and ask them to provide you with a market analysis of your area and what kind of price you can get for your property. After interview several agents tell them how much you are expecting to make from the sale of your house and ask them to calculate how much will be their comission after you get the gross amount that you need to get on with your life. All comission are negotiable. You just need to find a likeable agent that will work to sell your home.

Best of Luck,

Maria Cipollone

www.Flahomespecialist.com
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0 votes 7 answers Share Flag
Sun Oct 16, 2016
Tim Moore answered:
Unless your laws are different up there, there is an old saying in real estate. It takes one to list and two to sell. Meaning one party can sign to list it and both need to sign to sell it. Both signatures are best but one is all we need here to list it. With Docusign electronic signature software a buyer or seller can be anywhere and sign documents on their cell phone so I use it all the time. Tell your agent to get up-to-date and get Docusign. ... more
0 votes 15 answers Share Flag
Fri Aug 17, 2012
Matt Brown answered:
The same thing happened to me when one of my listings expired and I re-listed it. I could not re-enter it manually but it did show up on Trulia a few days later.

Hope that helps, good luck! ... more
0 votes 1 answer Share Flag
Tue Aug 14, 2012
Joe Houghton answered:
I think just about everyone you ask is going to tell you that your going to be much better off using an agent.
0 votes 26 answers Share Flag
Wed May 23, 2012
Jolene Holcombe answered:
Yes, area can play an important role in resale value. End units are usually larger in size so they can tend to sell for a little bit more. Buyers like to see low association costs in an HOA. Some buyers are school district specific due to math/reading scoring, sports, etc. If a builder has a poor reputation that could hinder buyers or if a builder has a strong background and known for quality production that can help but all in all the market determines the value of ones property. ... more
0 votes 6 answers Share Flag
Sun Apr 20, 2014
Dan Warnest answered:
We continue to see a trend of homes in excellent condition bringing the highest sale price and shorter time on the market. The homes in great condition make them sought after, and will help keep resale value high down the road. ... more
0 votes 5 answers Share Flag
Thu Mar 15, 2012
Joe Houghton answered:
Aside from the usual, paint, flooring, landscaping, fixing up everything that needs fixing, cleaning everything very thoroughly it really depends on the home, the price point and the location. If it is possible to open up the floor plan I would recommend looking into that and also looking into adding more natural light. ... more
0 votes 5 answers Share Flag
Mon Mar 12, 2012
Patrick Howard answered:
Ashley,

The best time to list your house to move in June is right now. I also wouldn't recommend trying to sell on your own. It sounds easy to do but it isn't, even for the professionals. Let me know if you have any other questions. ... more
0 votes 14 answers Share Flag
Mon Feb 23, 2015
John Dietel answered:
Absolutely, if the pricing is correct. What you must realize, however, is that to move in this market, a property must be foreclosure priced whether or not you are in trouble with it.


That is, you must compare apples to apples. Your condo has to compare with every other condo for sale in your area. You can't expect a premium price just because your property is not distressed.

Look me up if you need help.

Good Luck
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0 votes 9 answers Share Flag
Thu Dec 15, 2011
Lisa Lyons Lang answered:
Greetings Akhosravi!
Sub Zero and Wolf tend to be what buyers like to see in this price range. I am not only an agent but also an interior designer and have worked on some luxury homes. Please let me know if I can be of further assistance or if you would like me to run some comps for you.
My design website is below with link to my real estate site as well. Feel free to email too at llyons@kw.com.
Best of luck!
Lisa Lyons
Keller Williams Integrity
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0 votes 13 answers Share Flag
Sat Oct 29, 2011
Scott Godzyk answered:
It is extremely unrealistic, if they are getting a loan they will need an appriasal, power, heat and water needs to be on and an appraisal has to be ordered then completed. due to teh large amount of refinances, appraisals are taking 10-14 days alone. depending on the bank well and septic may need to be tested, that should be asked up front and if teh mokd is a hazzard, they could want that removed as well even though it is a conventional loan, if it is a hazzard, it will affect value. ... more
0 votes 7 answers Share Flag
Tue Sep 13, 2011
Tim Moore answered:
You need to ask them. All commissions are negotiable.
0 votes 9 answers Share Flag
Thu Feb 7, 2013
Guy Gimenez answered:
As stated, you will need to continue making payments until the lien is paid in full or until the investor sells the property to a third party who has obtained a new loan (assuming the home appraises for the purchase price). And you're correct, the title will be in the investors name while the underlying loan will be in your name. I presume you're considering a straight "subject to" sale to the investor and not a wrap or assumption....is that correct? ... more
0 votes 15 answers Share Flag
Tue Aug 2, 2011
Corey Buck Mann answered:
That will really depend on the predomiant exterior finishes within the neighborhood. I have customers who will only look at all brick as they consider it a superior construction standard and are willing to pay more for the upgrade. When considering pricing a home this is all brick, I try to consider what the cost would be to install the brick new. Call a couple of masonry companies in your area and gauge a per square foot price. That way you will be ready to give a reasonable estimate to a buyer who wants "all brick" but loves the floorplan of the "all stucco" home down the street. The same can be applied to the tile roof, but make sure you give allowances for "overbuilding" within a neighborhood.

Best of luck.
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0 votes 1 answer Share Flag
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