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Lakeville : Real Estate Advice

  • All16
  • Local Info1
  • Home Buying3
  • Home Selling1
  • Market Conditions0

Activity 7
Thu Aug 23, 2012
Louis Wolfson answered:
I recommend you get a local buyer agent, that way you will have representation and accountability.
0 votes 2 answers Share Flag
Fri Jul 13, 2012
Annette Levinson answered:
Unless you are in the construction field, you need a general contractor. The only thing I do for myself is mortgages, for everything else I hire an expert.
Besides a total package would mean professionals will handle everything, it is easier to finance. ... more
0 votes 6 answers Share Flag
Mon Aug 27, 2012
Short Sale Mitigation, LLC answered:
Usually when you see things that are traditionally the responsibility of the seller, become the responsibility of the buyer as a condition of the sale, it just means that it's likely a distressed property. So yes, either the seller doesn't have the money to pay for it or it's an REO. It doesn't mean it will fail, but it does mean there are terms and conditions of the sale that will become your responsibility.

You should get items out of the way up front, ie, inspections, smoke certificates, Title V, so that way you will have no issues when you are ready to close that may hold up the closing.

Buying any property is a gamble, so just be prepared that nothing is set in stone. Do your due diligence so you can make an informed decision about the property in question. GOOD LUCK!

Maryann Little, VP Mitigation
Short Sale Mitigation, LLC
@rapidshortsales - twitter
... more
0 votes 6 answers Share Flag
Wed Aug 15, 2012
Scott Godzyk answered:
There are some variables... an offer is never accepted until signed, so if they verbally agree than change their mind there is no recourse. The variable is if the agent was the listing agent or the buyers agent? If the buyers agent they represent you, if the listing aganet they reppresent the seller. either way they can not lie. Your best recourse is the MA RE commission to see if they broke a rule or law, ... more
0 votes 8 answers Share Flag
Wed Sep 15, 2010
Dallas Texas answered:
Save you time contact a local Trulia agent who can establish an automatic email alert system moment a home hits the market.

Are you qualified for a loan? One of 1st things a Realtor will request prior to showing a property All sales offers are submitted with lender approval letter.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
... more
0 votes 6 answers Share Flag
Thu Nov 5, 2009
Tracy Shand, SRES answered:
Hi 'D Home Buyer' from 02347,

If you go to Town Hall BOH office, and ask to see the file for this address: you will find that the Title V inspection has failed. The next step would be a percolation test. After that, it costs thousands to have an engineer design the septic plan that will be installed in the future. Then the proposed plans must be approved by the Town. Then you get estimates from installers so you know how much it will cost you to repair/replace the septic.

This home was offered for sale, over last Spring, as a 'short sale'. This means that from the seller's current market value of the home, there will be a shortage from paying off his mortgages. The sale will require the owner's lender's approval, (that they will accept LESS than the payoff amounts). Since that hasn't happened in the last six months, the mortgage may be in default. If you research in the public record about foreclosure notices, you may find more information about how to proceed.

Why not ask the owner if it is available? Maybe their financial situation has improved, and there is no longer a reason for them to sell it?

Hope this is helpful...if YOU have an update or additional information for me about this home on the corner of Route 18 and Crooked Lane, please contact me. Take care, Tracy 508-692-4091
... more
0 votes 1 answer Share Flag
Wed Sep 30, 2009
Greer Swiston answered:
As of this writing, there are 69 properties on the market with an average 213 days on the market ranging from just having come on (4 in the past 3 days) to one property that has been on the market nearly 3 years ...

Of the 73 properties that have sold in the past year, the average days on the market has been around 140 ... (the majority closer to the 100 range).

However, it always stands that a house priced right will sell more quickly than an overpriced one.

I hope that helps.
... more
0 votes 4 answers Share Flag
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