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Home Selling in 90005 : Real Estate Advice

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  • Home Buying11
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Activity 194
Sat Jun 9, 2012
Roland Vinyard answered:
Yes, you can always do that. Folks won't like it, but that's their problem. Your problem is that you may owe your agent a commission. I say "may" because to answer that definitively, I'd need to read the fine print of the listing agreement. ... more
0 votes 8 answers Share Flag
Fri Mar 16, 2012
Keith Sorem answered:
The short answer is you should consult with someone who has read the listing paperwork.
The practical answer is that you should consult with your agent and explain your situation. There is a status known as "withheld", meaning the listing agreement is in effect, however the property is not longer for sale. Another option is "Hold", which is more of a temporary status (we use when properties are taken off the market for a short period of timel

Your agent is where I would start. If they are not receptive, then their broker would be the next step. The broker has legal ownership of the listing.

Most Realtors will want to make the situation workable.
... more
0 votes 9 answers Share Flag
Sun Jun 16, 2013
Anna M Brocco answered:
Both buyer and seller do incur costs....
0 votes 23 answers Share Flag
Mon Jun 27, 2016
sdrftughbjn answered:
Increasing the value in your home is not as difficult as most people think, there are a few inexpensive tips that I tell all home sellers.

These are:
- De-clutter, when you are selling your home, it needs to become as 'model home' like as possible. That means, if your closets are completely stuffed with clothes, shoes etc. go through your closets and take out everything you don't plan on wearing for the next 4 months.
- Remove all personal pictures. When a home buyer looks at homes, it is always an awkward experience because they are walking into another persons most personal space. Make your home feel as less personal as you can.
- Sunlight, when selling your home, sunlight is your biggest friend, make sure all blinds are open, and that no furniture is blocking the light.
- If you have extremely personalized tastes, and this is reflected in wallpaper, wall paint, carpets etc. neutralize. Paint is an inexpensive fix and can change a room like nothing else. Again, your home is no longer your personal sanctuary, it is now an asset you are needing to sell. You wouldn't go on a first date having just rolled out of bed and throwing on your closest pair of sweatpants. Treat your home the same way you would/have treated yourself when getting ready to meet a potential partner for the first time.
This leads me to the most effective way to increase value in your home for free, CLEAN. So many times I will take clients into homes that are filled with clutter, that are dirty. No prospective buyer wants to know you ate cereal this morning because you left the dirty bowl in the sink.

Selling your house or condo is a commitment. You have to clean it every single time a prospective buyer comes to see it. De-clutter, neutralize, de-personalize and clean your home. You will be amazed at the responses you will get and an aesthetically pleasing home always brings in higher offers than one that isn't.
... more
0 votes 12 answers Share Flag
Wed Feb 11, 2015
Jenny Durling Team answered:
All commissions are negotiable. The way to deterimine what an agent expects to be paid is to simply ask. Many agents will accept a lower commission on a higher priced property than they might on a lower priced property. Their job will be to sell your home for as much as possible as quickly as possible, regardless of what they will get paid to do so. I would be happy to discuss the particulars of you situation with you.

Jenny Durling
Broker Associate
213-215-4758
... more
0 votes 23 answers Share Flag
Sun Jul 29, 2012
Mack McCoy answered:
I have no idea, but I'll tell you this:

Real estate agents cold-call from expired listing lists because they find it to be a beneficial use of their time. Which makes me think that their "awesome marketing techniques" aren't quite as effective as cold-calling.

You can break down the marketing process into three stages. The first is pre-listing, which can be a real whirlwind of activity, especially if the agent was involved in staging or preparing the home for sale. But there's the photography, design and copywriting of the brochures, getting the listing broadcast through the internet. All of this activity comes with a high level of excitement and anticipation and no shortage of goodwill between the agent and the client.

Then comes, The Wait. And it is a wait. The ship has sailed, and we're waiting for it to come to port with a buyer in hand. We have activities, but they are truly mostly involvement devices - hold open houses, report back to you every week with showing activity ("There was none this week, LLA."), and, of course, you're paying the mortgage and the staging bill and nothing seems to be happening.

That's the way it is. Until there's an offer, and the agent really goes back to work negotiating on your behalf.

So there's an enticement to getting a new agent - you'll recreate that old magic. And if you take on a new agent, and lower the price, there's a better chance that it will get sold! See! Changing agents worked!

The real test would be to give the listing to a new agent at the SAME price, and if it didn't sell, then give the price drop to the agent who you think did the best job for you.

But, that never happens. Usually, the first agent bakes the cake, sells herself on the value of your property, and a new agent comes in, hammers you on the price until it sells.

That's the back-office view.

All the best,
... more
0 votes 12 answers Share Flag
Wed Jun 13, 2012
Dot Chance answered:
Did the lender give a reason for not approving the short sale? Contact me directly and we can explore your options.

Dot Chance, Realtor®
Certified Distressed Property Expert ⓠCDPE®
DRE License #01494182
Keller Williams Realty World Media Center
www.DotChance.com
818.339.7712

WHEN YOU THINK OF REAL ESTATE...Think DotChance.com! My business thrives from your referrals!
... more
0 votes 16 answers Share Flag
Thu Jan 5, 2012
Richard Schulman answered:
There are many complications to this...likely they cannot take any, but it depends on a lot of different variables. Consult my resources page for more info, or call me for a consultation.

http://richardschulman.com/sellers/short-sales/

Richard Schulman
Short Sale Specialist
Keller Williams Realty
310-482-0173
schulmanrd@yahoo.com
... more
0 votes 10 answers Share Flag
Tue Dec 27, 2011
Luger asked:
I am seeking a good condo conversion consultant and a good law firm with extensive condo conversion experience.
0 votes 0 Answers Share Flag
Thu Dec 22, 2011
Sara Mehrpouyan answered:
http://www.calhfa.ca.gov/myaccount/hardship/shortsale.pdf
That is the link for CalHFA short sale information. Feel free to contact me for assistance.

Thanks,
Sara Mehrpouyan CDPE
Specializing in Short Sale & Foreclosure
Direct: 818-903-2040
Rodeo Realty
Dre License #01712757
... more
0 votes 1 answer Share Flag
Thu Jan 5, 2012
Sara Mehrpouyan answered:
I have never had a short sale lender bring up the seller's IRA or 401k. Feel free to contact me anytime. Thanks.

Sara Mehrpouyan Cdpe
Specializing in Short Sale & Foreclosure
Rodeo Realty
Direct 818-903-2040
Dre license #01712757

Free short sale info at www.short-sale-vs-foreclosure-help.com
... more
0 votes 18 answers Share Flag
Thu Dec 1, 2011
Keith Sorem answered:
On average values dropped about 30-35% from the peak.
In condos there are other factors which can effect value.
First, if the complex has maintained the FHA certification, that is a plus.
Also, is the HOA solvent? Many HOAs have big problems with delinquent HOA dues. Lenders have guidelines and if the HOA has significant unpaid dues, that can affect an underwriter's decision to approve a loan.
Lastly, the condition of the complex is important. Likewise if there is a big special assessment coming up...

Good luck.
Keith
... more
0 votes 10 answers Share Flag
Sat Jun 22, 2013
Shanna Rogers answered:
Hi Bigeating,

Why would you have to pay the state/government? If you're talking about capital gains, it would be best to consult an accountant.

Shanna Rogers
SR Realty
www.RealtyBySR.com ... more
0 votes 17 answers Share Flag
Thu Dec 6, 2012
Johnny Huang, MBA answered:
Tue Feb 9, 2016
Lee Wasser answered:
Not in CA. Call me. We do them all time. We completed over 190 short sales in the past 12 months.

Lee Wasser. 877 253 0104 x 606
Lwasser@EqEmail.com
0 votes 11 answers Share Flag
Tue Sep 24, 2013
Boris Russanov answered:
Your first step toward buying your new home will be to analyze your needs. Find the community that fit your lifestyle. Second - get pre-qualification letter from the bank.
Third - find local Real Estate Expert, who will find best deal for you. ... more
0 votes 6 answers Share Flag
Sat Sep 29, 2012
Yanni Raz answered:
What is your price?
I see that this property is not on the market. Let me know the price and some other details and I might be interested.
0 votes 1 answer Share Flag
Wed May 3, 2017
Ron Thomas answered:
I would say yes.
You don't say what kind of lien.
That is one reason for doing a Title search.
I'm going to guess that you are interested in house and it has a lien:
Talk to your Buyer's Agent and/or your Title Company; they're both there to protect YOUR interests. ... more
0 votes 20 answers Share Flag
Tue May 31, 2011
Keith Sorem answered:
Anativa,
The only person who should advise you needs to have read the paperwork. What does your listing agent say? If they don't know, then ask their broker.
0 votes 1 answer Share Flag
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