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Home Selling in Laurel : Real Estate Advice

  • All111
  • Local Info15
  • Home Buying36
  • Home Selling1
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Activity 7
Fri Jan 23, 2015
Brian Pakulla answered:
Martha,

I am sorry, but I am not familiar with this program. I would suggest specifically reading the addendum regarding this type of financing that the buyer will give to you with the offer. It most likely will spell out any financial obligations you will have. ... more
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Thu May 21, 2009
Alan K answered:
Is this a general question? Or do you have a specific address in mind?
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Wed Jul 30, 2008
Michael Klijanowicz answered:
Just contact me and let me know your development and I would be glad to send you a few names that I find in my MLS system.
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Fri Mar 25, 2011
Marilee Herrera-Peterson answered:
In my opinion, the appraiser should not have used a foreclosure, it is not a true comp.
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Thu May 22, 2008
Brian M DeCosmo answered:
You can question the report if the comps were not correct. You can contact the Title Company that is handling the transaction. The appraisal is ordered by the lender, so if you know the name of the mortgage broker, or lender, you can address your concerns. I have had occasion to submit appropriate comps for a transaction that was not appraising correctly. Appraising is an art rather than a science. Sounds like a meeting of the minds is in order. Hope this helps. ... more
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Fri Jun 19, 2009
Brian Pakulla answered:
My advice would be to obtain the best possible Realtor to sell your home. Interview several agents who can show your their marketing plans. Their plans should help you with 4 aspects:

1. Pricing it correctly. Many sellers are overpricing in this market. Yet, you don't want to under price, because you want to maximize your price.

2. Stage it correctly. A home that shows well, sells faster and for more money.

3. Market the home extensively. Will they have a blitz online presence of your home with professional photographer's pictures?

4. Handle negotiations with buyers. Does your agent have experience in this market? Are they selling homes. Look at the agents sales since 01/01/07 and see what they average.

Please contact me so I can show you what I can offer. Good luck.
... more
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Thu Dec 13, 2007
Ian A. Wolf answered:
If the bank approves the short sale you are not responsible for the balance. By accepting it, they are saying they'll taks less then what is owed. However, you should not expect to receive proceeds from the sale and your credit can still be negatively affected. You may also be responsible for the taxes on the forgiven debt, which currently is considered income by the IRS. There is legislation to change this and you can find out more info on that by checking the link below. In my opinion though, a short sale is definitely better then getting foreclosed. ... more
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