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Home Selling in Miami : Real Estate Advice

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Activity 109
Sun Oct 21, 2012
Liliana Martinez answered:
Juanitonica, I will be happy to assist in providing you with information on the value of your property. You are right, there is much activity going on with regard to the Genting purchase of property and Resorts World Miami. Everyone seems to be in a frenzy. Please feel free to contact me to discuss your property specifically. We can discuss your options in detail.

Sincerely,

Liliana C. Martinez
Realtor Associate
Real Estate Sales Force
243 University Drive
Coral Gables, Florida 33143
305.791.0475 Telephone
305.402.0395 FAX
liliana@resf.com
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0 votes 10 answers Share Flag
Sat Sep 15, 2012
Voices Member answered:
Carlos,
For whatever reason you don’t want to hire Real Estate Agent to handle your Short Sale, you can always go with option “B” and hire Real Estate Attorney. The bottom line is you need professional that know how to handle Short Sales. ... more
0 votes 22 answers Share Flag
Thu Jan 3, 2013
Carlos Escamilla answered:
Standart contract? Far or Far/bar was used?
if an offer is not signed by buyer is not an offer.
If the offer is signed by buyer and seller is a contract.
If there is a counter offer from seller (still an offer and you have 48 hrs to response the counter offer)
At the time the buyer present the offer there is a period of time you should put in the blank space, if there is not a date or specifict amount of days, they can go back to you after few months and response your offer.
Fi after months they have missing signatures and one of the parties wants to walk away is free to do so, Since you are right there is not contract.
But you should contact your lawyer and find out a legal advise prior to continue the dispute.
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0 votes 13 answers Share Flag
Tue Sep 6, 2011
Luis Mora answered:
Darryl,
I'm sorry your mother passed away. When you have time, please give me a call and I will be more than happy to guide you through the proccess.
Luis Mora
RE/MAX Paramount Properties
(786) 556-2119
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0 votes 12 answers Share Flag
Sun May 29, 2011
Michele Rigaud answered:
Jaime
There is no charge for listing. We do have a contract for a period of time we agree on and if there is a cancellation before the end of the contract, there may be a charge for cancellig. If the house is sold the seller pays 6% of the purchase price which is divdied into buyer's and seller's commission.

Hope that was helpful. Call me for more information or email me

Regards

Michele Rigaud
Keller Williams
Orlando, FL
863-353-7450
407-508-9884 (Cell / text)
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0 votes 6 answers Share Flag
Tue Mar 3, 2015
Brian Flock answered:
FAST FACTS

You either pay the $20,000 or short sell.

However, if you short sell, you can try to negotiate that you will pay off the $20,000 (unsecured) over time according to modified note terms. Make sure that they do not report it as "settled for less than owed" so that it does not affect your credit. ... more
0 votes 15 answers Share Flag
Fri Feb 17, 2017
Edyta Gryc answered:
You may try Real-Post.com, 222corp.com or supremesigns.com
0 votes 4 answers Share Flag
Thu Mar 31, 2011
Alma Kee answered:
Possibly....first contact the owner that financed your mortgage to see if you can work something out.

If the value is a lot less than you owe, the Seller may be more negotiable with you. Is your credit immaculate or improving?

Just be careful because if you simply "walk away" the owner may be able to get a deficiency judgement and attach your wages for 100% of his loss and attorney fees.

Good luck!
Alma

PS Do you have a 401k? You may be able to borrow money against your 401k...
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0 votes 3 answers Share Flag
Fri Jun 29, 2012
Gene Hacker answered:
0 votes 4 answers Share Flag
Tue Oct 9, 2012
Migdalia Perez answered:
Hello Mysti,

Actually this time is as good as any other time to sell your home. Now, the benefits from it to you would depend on the equity on your property and the reasons behind your sale. If you need to sell because you are relocating and do not have enough equity on your home you will probably have to apply with your current lender to do a short sale and will come out with no money or (if your qualify) the bank will help you with some moving expenses. The same situation would apply if you feel you can't keep up with your current mortgage payments and need to get out of it. But if you have equity in your home and just want to move to a bigger house or your kids moved out and you want less space then you will be able to sell your home at the current market value. You do not have to discount your property unless it needs repairs. If you need any further assistance please feel free to call me at 786-619-7891. Good luck. ... more
0 votes 37 answers Share Flag
Sun Mar 10, 2013
mike outlaw answered:
Hello Michelle

I have investors that are reallocating they're investments. please contact me and I will send you some items.

Thank you
Mike
0 votes 1 answer Share Flag
Wed Oct 13, 2010
Dominick Martinez 5-Star Agent answered:
The lender may not pursue a dificiency judgment , but typically yes the MI company will ask for a promissory note
0 votes 6 answers Share Flag
Wed Sep 18, 2013
Mott Marvin Kornicki answered:
Wed Sep 18, 2013
Debra B Albert PA answered:
Michelle,

It you want a referral fee, you do not need tobe an active realtor, however, everyone involved in the transaction needs to be aware of the referral fee.

Debbie Albert, PA
Coldwell Banker Residential
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0 votes 5 answers Share Flag
Fri Jan 21, 2011
Don Tepper answered:
Perhaps. It depends on how close to your subdivision those other properties are. It also depends on how recent the sales in your subdivision were, and how recent those other sales were.

Hope that helps.
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0 votes 18 answers Share Flag
Sat May 28, 2011
Sharon Molnar answered:
Hello Potencia2000

I would suggest contacting Short Sale Specialist Network. They are a group of real estate agents that specialize in short sales. You can reach them at 877-737-4903. They will be able to point you in the right direction. The call is free and there is no charge to you what so ever.

Sharon
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0 votes 16 answers Share Flag
Wed Jun 27, 2012
Dp2 answered:
You'll need to run that past a CPA. Some sellers might qualify for 1 of 2 IRS exceptions.
0 votes 2 answers Share Flag
Mon Mar 22, 2010
Bob Galivan answered:
Your agent should be on top of the transaction. First, the contract is between you and the buyer. The inspection contingency gives a specific period during which the buyer can inspect the home and cancel the contract if issues arise during the inspection. Once the contingency date passes, the contingency is considered waived, and the buyer can no longer inspect or cancel. Big question is whether the contract is cash or finance. If it is cash, then you do not have to worry about finance contingencies. If it is a finance contract, then it's contingent on the property appraising. Not all HOA's require buyer approval before buying; if yours does, then the buyer needs to fulfill that contingency; the contract should have had a deadline by which the buyer needed to apply.
Most important, the buyer should have put down a deposit, and your Realtor should have gotten an escrow letter from the buyer's agent stating the deposit was made. That IS Florida law. If the buyer made their deposit, and they fail to close, then you have a claim on the deposit. If the buyer did not make his deposit, then he's defaulted and you can kill the contract. Your Realtor is supposed to be managing the process of the contract, including all of the deadlines that the buyer is supposed to meet. When something happens, he is obligated to let YOU know, because it is YOUR decision as to how to best proceed. Your best bet here may be to contact your Realtor's broker - call the office and ask to speak with the broker, and explain the situation to them.
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0 votes 3 answers Share Flag
Fri Jan 21, 2011
Dan Chase answered:
The best time to sell this year is now. Free $8k for anyone buying your house before 4-30-2010. I expect sales will drop dramatically after that date. Good luck.
0 votes 3 answers Share Flag
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