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94534 : Real Estate Advice

  • All26
  • Local Info3
  • Home Buying10
  • Home Selling1
  • Market Conditions1

Activity 83
Tue Sep 21, 2010
Dorene Slavitz answered:
Dear Stop,
I believe we are in recovery...but it will be a while before we recover completely.
0 votes 6 answers Share Flag
Mon Feb 4, 2013
stop foreclosure answered:
TELL YOUR BANK YOU HAVE A BUYER FOR YOUR HOME.

IF YOU DONT HAVE A BUYER CONTACT ME 707-319-9222

I M INTERESTED IN BUYING SHORT SALES IN NORTHERN CALIFORNIA.
ESPECAILLY WHEN I CAN A HOMEOWNER TO AVOID THE FORECLOSURE ON THEIR CREDIT.

ME HABLA
SPEAK SPANISH 707-319-9222
WWW.STOPMYFORECLOSUREONLINE.COM
... more
0 votes 6 answers Share Flag
Wed Feb 17, 2010
Harold Sharpe answered:
Hi Joanne,
I see you have a very irregular question. It is not normal practice. Perhaps the seller was better able to facilitate the deal to go through. Keep in mind the short sale is for the seller.


Harold Sharpe
So Cal Homes Realty
(951) 821 8211

http://www.southern-california-home.com
... more
0 votes 2 answers Share Flag
Wed Mar 31, 2010
Joanne answered:
Hi Anon

I too am a buyer in this area. If this helps you: I am currently working a great agent who is from the Fairfield/Vacaville area. She is very experienced, professional, patient and honest. (My husband and I have been VERY PICKY with our choices when it comes to homes, locations and realtors) . We can call her anytime day, nights, weekends/holidays and she has always been available to take us or meet us at the home or location of our choice. (We were looking in the Fairfield, Vacaville, Davis areas)

Her name is Rose King (707) 689-0851 Shuster Realty in Vacaville ~

Wish you the best of luck!
... more
0 votes 4 answers Share Flag
Sat Jan 30, 2010
Sylvia Barry, MAS,CIPS,SRES answered:
Hi Joanne:

First, I am assuming this is an approved short sale.

The lenders do provide a formal extensin letter when close of escrow date is extended. So, yes, do ask the listing agent to give you copy of the exztension, otherwise, proceed as it has to close by 02/15 - if there is no extension and you can't get the loan funded priorr to that, the house might foreclose; or the contract has to go back to be renegotiated (BTW, some of the settlement costs will be different for a new closing date).

If the seller wants to stay after you close escrow, there should be a formal agreement drawn up - for less than 30 days rent back use CAR Purchase Agreement Addendum (PAA), there is a paragraph talkes about rent back less than 30 days. If it's a longer than 30 days rent back, you will have to sign a 'Residentail Lease After Sale' Addendum.

Check wit your Realtor on the best way to approach.

Best,
Sylvia Barry
Frank Howard Allen Realtors
(415) 717-0293.
sylvia@SylviaBarryRE.com
www.SylviaBarryRE.com
... more
0 votes 3 answers Share Flag
Thu Apr 27, 2017
Joanna Jensen answered:
Hi Chris,
I am sorry about your financial situation.
I think it depends on your total credit situation and what everything else looks like.

You may be able to do a lease option. I just spoke with a seller who would consider that. You could lease a home with the option to purchase in 3 - 4 years. In the mean time you could negotiate the best lease option for your situation. You may even be able to get the tax savings. Depending on how your work your deal.

I would say that would be the best option right now.

Best of Luck.

JoAnna Jensen
Realtor
... more
0 votes 7 answers Share Flag
Wed Jan 27, 2010
Joel Dameral answered:
Joanne,

Good move contacting a RE attorney.

The seller basically has no leg to stand on saying that he wants to stay in the house, or close escrow at a later date. He should have been upfront on this issue and negotiated in the beginning. Hopefully they show up to the signing.

The attorney will help with the legal aspects of the case.

Good Luck,
... more
0 votes 2 answers Share Flag
Sun Jan 3, 2010
James Gordon ABR SFR SRS answered:
Aida in my area if the buyer wanted to purchase the property at the 215 price they would have to reopen negotiation on the price. The seller has agreed to sell you the home at 226 you are now asking for a price drop of 11k based on appraisal. You would have to have the contract reviewed but I have never seen a contract where the seller was FORCED to sell a property based on a third party opinion of price.

This is not legal advice and check with your Realtor® to make sure.
... more
0 votes 2 answers Share Flag
Tue Feb 8, 2011
Sweet86baby answered:
Sun Sep 12, 2010
John Villaescusa answered:
If they are sending a counter offer to back up offers, then it would seem the seller accepted/ submitted multiple offers to the bank and the bank is now requesting highest and best from any buyer. Then choose the best one they see fit and put the others in a back up position. This is what it seems like to me but check with your agent since i do not know all the the circumstances regarding this sale.

John & Sarena Villaescusa
Owner/Realtor/Broker
Keller Williams Realty
Cell: 562-818-2671
Email: Johnv@kw.com
Website: www.VGroupHomes.com
... more
0 votes 4 answers Share Flag
Wed Jan 27, 2010
Jesse Sierra answered:
Hi Faten,

Talk to friends and family if they know of a good Realtor®.
Also, interview a couple of Realtors® until you feel comfortable with one.
Ask for referrals as well from their clients, the agents will gladly provide them as well.

Good luck and happy home hunting,

Jes Sierra, B.Sc.
Realtor®
... more
0 votes 3 answers Share Flag
Sun Dec 13, 2009
Ilene Crites answered:
VA loans are not very flexible. New government loans are now available that have all the good things VA loans offer and more. Check a FHA loan where you only need to put 3.5% downpayment and the expenses for buying a home. There are loan consultants I know who will walk you thorough the various loan products available and help you select the best one for you. ... more
0 votes 1 answer Share Flag
Mon Mar 15, 2010
Gary De Pury answered:
It is hard to say what will happen. If you short sale, which is a better option than foreclosing, you could have some tax liability, but if you foreclose, likely not.

These are really questions for a Tax attorney.

I would encourage you to look at the short sale option. There is a company called the short sale network in Jacksonville, Fl and they have a tremendous amount of information on line.

Good luck,

Gary De Pury
Broker-Owner
Bay Vista Realty
Tampa Florida
... more
0 votes 5 answers Share Flag
Thu Jun 25, 2009
Kamal Randhawa answered:
Hi there! Short sales can be quite a headache because they take so long but if your agent is knowledgable and knows that you have first digs at this property, I would keep my hopes up. At the same time, because I've dealt with short sales quite often, you should never put all your eggs in the same basket. If you are a strong and qualified buyer, you should keep looking in the mean time. Good luck to you.

Kamal Randhawa
Broker
510-932-1066
... more
0 votes 1 answer Share Flag
Sun Dec 13, 2009
Chris Mabry SRS,e-PRO answered:
Chele,
When you say that your agent is dealing with the bank on a pre-qual, that must mean that you have placed an offer on a foreclosed home and your agent is negotiating it on your behalf. This is your Realtor's job. Chances are the bank that owns the foreclosed home also has an agent representing them to sell the house, so technically your agent is dealing with their agent. That's how it works! Your agent would not be dealing directly with the bank if they also have an agent. More details from you may help answer your question a little more thouroughly. Hope this helps! ... more
0 votes 2 answers Share Flag
Sat May 16, 2009
Dana Schuster answered:
Sometimes the owners request that the address not be disclosed as they do not want people coming to their homes without an appointment and accompanied by an agent. Believe it happens that people get hold of an address and just show up and start poking around. if this is a very high end area,the home may belong to a celebrity who does not want address disclosed or someone who does not want their address connected with the interior pictures for fear of someone possibly staking out their house for a burglary. i saw one house listed here in a very exclusive area of LA. No address. later saw it on another site with pictures of celebrity homes on the market and realized it belongs to a famous actress who obviously does not want her address disclosed for fear of gawkers. ... more
0 votes 2 answers Share Flag
Tue May 5, 2009
Lewis Bishop answered:
The distance from Roseville, CA to Orangevale, CA is roughly 8 1/2 miles and 20-25 minutes.

Sincerely,


Lewis S. Bishop
Realtor, Windermere Rowland Realty

Direct: 925-368-7738 | eMail: scottbishop@windermere.com | URL: http://www.LewisBishop.com ... more
0 votes 1 answer Share Flag
Wed Aug 19, 2009
Kathleen Lordbock answered:
Much here depends on the seller, the first buyer and perhaps the agent involved. Will the first fall through - maybe. Did it have contingencies ie. sell their house, get financing, inspections - did yours? Your counter should probably have been your best, but that is hindsight. DId you have a buyer's agent working in your best interest? If you did then they should be able to help answer a few of these questions better than someone on-line can.
Keep looking at other houses - there are plenty out there - you may need another option.
... more
0 votes 6 answers Share Flag
Tue Feb 10, 2009
Dallas Texas answered:
It sounds as though you need a buyers agent assist you with determine true value of home and submitting a sales offer benefit for all parties. Your realtor needs to investigate history of home compare to other like properties. Prior submitting an offer you need pre-approval from lender. ... more
0 votes 8 answers Share Flag
Wed May 20, 2009
Maritza Schaaf answered:
Hi John,
Please email me back at maritzaschaaf@hotmail .com to make the appointment to see this property.
0 votes 2 answers Share Flag
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