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Home Selling in 75226 : Real Estate Advice

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Activity 113
Fri Feb 13, 2009
David Chamberlain answered:
Your agent is taking a hit also, they wasted their time trying to sell your home spent money on ads and other things now they get nothing.
0 votes 18 answers Share Flag
Tue Aug 19, 2014
RJ Avery answered:
I would suggest using craigslist and other sites like that im not sure if you can list open houses on here but im sure the moderator could let you in on some secrets. How is your agent handling your open house? If you dont have an agent I do full service listings for 4% Total.

RJ Avery
214-682-0598
rj.avery@att.net
... more
0 votes 10 answers Share Flag
Wed Sep 17, 2008
Scott Godzyk answered:
It is all in your negotiation with the landlord/seller. First you should get prequalified with a local lender so you know you can afford it, this will also helping you in knowing how much money you will need so you can negotiate with the seller. There are two negotiations going to happen. one is the sales price, closing time, how much they will credit you towards closing costs and or deposit and if they require a deposit for the purchase. As well you shold note if you do not purchase, you dont get any money back. the next negotiation is teh lease, how much a month, how long and what terms. again this will reference how much they will credit you if you buy and what happens if you do not piurchase. good luck linda ... more
0 votes 4 answers Share Flag
Fri Jul 25, 2008
T.E. & Naima Sumner answered:
You will be offered no more than 70% of the market value of the house, typically.
0 votes 5 answers Share Flag
Tue Dec 8, 2009
Bruce Lynn answered:
In my opinion you do not want to enclose the garage. Did your realtor run the comps for you both ways? 2/2/2 vs 3/2/2? Does adding the garage make financial sense after running the comps. I would typically agree that 3/2/2 is easier to sell than 2/2/2 as it will appeal to a wider range of buyers. However adding another room to sell the house is probably not my first choice of options. ... more
0 votes 5 answers Share Flag
Thu Oct 17, 2013
Terri Hayley answered:
Hi Eric,

Sorry Charlie, your property is being sold with the lease outstanding which means the new owner can not take occupancy until the lease has run its' course. HOWEVER, once the new owner takes possession of the property, you may renegotiate your lease with them. You have other options available to you. We'd need to know:

Terms of lease
Amount of lease

My husband and partner, Robert, is a commercial Realtor and investment property specialist (your property falls under that umbrella.) Feel free to give him a call at 214.205.8372 and he can help you further.

Thanks,
Terri Hayley
... more
0 votes 8 answers Share Flag
Fri Jun 27, 2008
Paul B. Perez answered:
FYI, backing to the tollway isn't all that bad. Actually folks from California liken it to the sound of the ocean. You might as well use it as a selling point! Regarding the pricing, we need to know the age and sq. ft. of the property. Also, on a 1-10 scale, 10 being immaculate, what would you rate your place? ... more
0 votes 13 answers Share Flag
Mon May 6, 2013
Mikem answered:
You could always list it "as is" which would imply you are not going to be fixing anything. Also, if you do sell to an investor they are likely to offer you less than what you could get on the market (more competition-- better price) but since you said you are willing to sell for way under market... well, if it's truly way under market it should sell quick even with a traditional sale. ... more
0 votes 13 answers Share Flag
Thu Feb 20, 2014
Bruce Lynn answered:
As a general rule we see 10x monthly rent, but this will of course depend on property condition and several other factors. Now seems as good as time as any to sell investment property. People are always looking for good returns, cash flow and stable tennants. Your property also seems to be located in a good area that is popular. While things are perhaps not as HOT as they once were, I haven't seen big changes in prices of investment properties over the past six-eight months and would expect prices to remain stable over the next several months in your area. If you need assistance with the sale, please feel free to call me. ... more
0 votes 6 answers Share Flag
Thu Sep 15, 2016
David Hitchings answered:
Yameen,

I dont believe we are able to discuss Realtors commissions on this forum. If you would like to contact me directly we can discuss this question. Thanks 214-908-5080 Cell
0 votes 20 answers Share Flag
Mon May 6, 2013
Perry Henderson answered:
Mon May 6, 2013
Maureen Francis & Dmitry Koublitsky answered:
I believe there is an FHA seasoning period everywhere if your buyer is FHA.
0 votes 12 answers Share Flag
Thu Jan 19, 2017
The Fearon Team answered:
You should be able to locate that information at the county Property Appraiser's Office. These days, most counties have this information available online. Good luck.!
0 votes 188 answers Share Flag
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