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Home Selling in Laveen : Real Estate Advice

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  • Home Buying16
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Activity 6
Thu Aug 27, 2009
Jinan Lamas answered:
Find the right Realtor. You might have to interview a few to find someone who really has a handle on this type of sale and can move this property for you quickly. You'll need to know what fees and requirements will be involved with assuming the loan, because it's not always the best deal for the buyer to assume rather than get a new loan. You are on the right track!
You should also contact your lender...many have relief programs right now to give you some breathing room.
If you are going into a short sale, there are a few people in the country who can handle these proficiently and quickly. Let me know if i can provide further info for you.
Good Luck!!!!
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Fri Aug 7, 2009
The Hagley Group answered:
To qualify, you need a hardship. The site below may help ansewer your questions.
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Wed Dec 3, 2008
Daniel B Stephens answered:
Good morning Belinda,

Please call me when you have time. I would like to discuss some career opportunities with you.

Respectfully yours,

Daniel
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Thu Jul 24, 2008
Dallas Texas answered:
What are the houses selling for and the DOM, place excel spread sheet include your fuel costs you spend for your commute PERHAPS you might be able to locate a foreclosure with equity that would off set any potential loss you may have http://www.lynn911.com http://www.homes-for-sale-dallas.com ... more
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Wed Feb 18, 2009
Don Tepper answered:
I'm not a lawyer...

However, I attended a seminar on this just the other day. And the answer was "it depends" on how the HOA fees are collected, if they are at all. Again, I'm not a lawyer, so this is not legal advice. However, if the property is sold and it isn't a short sale, then all liens (including the HOA fees) would have to be paid in order to have a clear title. On the other hand, if it is a short sale, the lien probably would be wiped out. The "horror stories" I heard at the seminar were of the new purchaser, who'd bought the property, being pursued by the HOA for the fees. Not that (at least in this case) they had a legal basis for doing so, but it could still make the new owner's life miserable.

So, check with a lawyer. It really depends on when the lien was filed, what order it's in, possibly what your HOA documents say, what your local law is, and more.

Good luck.
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Sat Dec 8, 2007
Infinity Realty Network answered:
Sorry to hear that KNSeller,

You unfortunately are in a position alot of other homebuyers are in who have bought new in areas such as arizona or Las Vegas. WIth builders slashing prices, or offering incentives, and rate buydowns. They are making it extremely difficult to compete, if you have to sell the home.

Here is a good article on the problem. http://www.msnbc.msn.com/id/21151323/

I also would not take your Zillow estimate as a concrete value. Your best bet is talk to a realtor and ask what a real value is based on actual MLS data. You also need to make sure you check your loans and see if there are any pre-pay penalties, as well as builder regulations about selling early.

Good Luck.
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