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Home Selling in Saint Petersburg : Real Estate Advice

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  • Local Info48
  • Home Buying208
  • Home Selling17
  • Market Conditions31

Activity 26
Fri Jun 22, 2012
Ron Thomas answered:
The problem is; most lower-end buyers have very little money left over after the buy a house;
money that may be needed to fix it up. So they are looking for a turn-key.

When you've got a lower-end house that looks pretty good, investors aren't interested, because they want to steal the property and fix it up themselves.

So, your typical buyer, will be a young person or couple, who want to put in some sweat-equity to make the place nice. This is your target!

I'm sure that you can meet a good Realtor, on this site, who will appreciate your situation and can help you. Have him do a CMA, (Comparative Market Analysis) to help you determine the Value.

Good luck and may God bless
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0 votes 6 answers Share Flag
Sat Mar 3, 2012
Jody And Dan Hale answered:
Easy ways to increase the value of a home include painting, de cluttering, landscaping, and getting advice of a home stager or designer. You can also improve value with a new appliance as well. Believe it or not a thorough cleaning goes a long way.
If we can assist in any other way, let us know.
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0 votes 4 answers Share Flag
Tue Mar 17, 2015
Scott Cotton answered:
It certainly won't hurt.

If you are competing against distressed properties in your area, another thing you can do is make your house as move-in ready as possible. If a buyer can get a move-in ready house for only a little more than a beat up foreclosure, they will usually do so.

Good luck,
Scott
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0 votes 16 answers Share Flag
Sat Mar 29, 2014
Anna M Brocco answered:
If you don't have an agent, consider consulting with an attorney who specializes in real estate for all related documentation, information, advice.....
0 votes 10 answers Share Flag
Thu Sep 24, 2009
Merle Huber answered:
Rose,
The mortgage payment consists of : principal,interest,taxes,and insurance.First you would have to figure out how much interest you are going to charge her and then amortization table to figure how much goes towards principal and how much towards interest.You also have to consider the timeline for how long the mortgage is going to be for.You can take the amount of approximate taxes and insurance you pay for year and divide it by 12 to figure out that part.
I would really advise for you to spend some money and have Real estate Attorney to draw up that mortgage for you.I think it would be money well spent because there are lots more details to mortgage note than just defining the payment.
I have used Fox&Fox in Clearwater for seller financing before so give them a call 727-796-4556
Hope this helps.
Merle Huber
Realtor
www.MerleHuber.com
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0 votes 4 answers Share Flag
Thu Sep 24, 2009
Nadine Mauro answered:
Hi Rose,

Contact a local Real Estate Attorney or a Title Company. Tell them what you are doing. Have them draw up a mortgage document and record with the county. An Attorney will be your best bet, as they can also write up a contract that will outline all the details regarding what will happen if your sister fails to make timely payments.

Nadine Mauro
The Herman Group Real Estate
561-414-0864
NadineMauroRE@yahoo.com
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0 votes 3 answers Share Flag
Tue Aug 4, 2009
Jodi Smith answered:
The best way to select which buyer is by figuring out which offer brings you the biggest return. Period. Factor in what they're asking you to pay in closing costs. If they are asking you to buy a home warranty. If they want you to do any repairs and the cost of those repairs. Bottom line...your highest net profit is the best buyer!!!

Jodi Smith
Atlanta Real Estate Agent
Keller Williams Realty Consultants – Roswell, Georgia
678-763-6025
jodismith@kw.com
Tweet Me: http://twitter.com/JodiRSmith
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0 votes 7 answers Share Flag
Wed Oct 22, 2014
Kitsap answered:
Usually inspections and appraisals entail taking pictures of the subject property. I believe that is standard procedure. Specific approval from the seller is not asked beyond the seller's obligation to allow for inspections and appraisals as agreed to in the contract. ... more
0 votes 5 answers Share Flag
Mon Jun 15, 2009
Vicky Chrisner answered:
Things are picking up everywhere. See my recent post about my area - just outside of DC we tend to be very blessed with a strong local economy and constant job growth, and as a result are more resilient. However, we are not on an island, and I am hearing and seeing evidence of similar things happening across the country - including some areas in Florida.

What will buyers do in a rising market? Well, last time they spent too much and got themselves in trouble. Maybe they will do it again.
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0 votes 2 answers Share Flag
Mon Apr 20, 2009
Gary Byers - REALTOR® answered:
That depends upon a lot or variables....
The question you might want to ask your agent, is: "What would the concequences be for breaking your agreement?"
I practice in Pennsylvania and the laws are different from state to state.
Even so, what you are asking leans more to the side of "LEGAL ADVICE" (which agents should not and can not give) and should not answer outside the scope of performing their contractural duties to you." (unless they also happen to be an attorney in your state.)
My best advice is that you talk out your concerns with your agent. If you feel she has left you out in the cold, then you need to talk to her broker. Your listing agent and her broker have both a contractural and ethical obligation to act in your best interest.
I am curious, though... How long have you been under contract?
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0 votes 5 answers Share Flag
Wed Mar 10, 2010
. answered:
There are 336 units available from $89,900 to $1,750,000. 81 have sold or are in contract in the last 6 months. If you would like more specifics I would be glad to talk with you and do a pricing anlysis for your unit.

Martha Vasquez
Reakty Resources
Martha@MarthaVasquez.com
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0 votes 3 answers Share Flag
Wed Dec 17, 2008
Lori Rossi answered:
Yes-You are not in a legally binding contract until all contracts and addendas are signed by both parties.
0 votes 7 answers Share Flag
Sun Dec 28, 2008
David Barnas answered:
Hi Joanne

Truly motivated buyers are out looking in December and putting in offers on homes - plus you may have less competition because other sellers are taking their homes off the market for the holidays. True story, my first year in real estate I sold a condo on Christmas Eve! ... more
0 votes 21 answers Share Flag
Tue Nov 25, 2008
Jim Janolek answered:
Brokers Open events are a great way to get agents from other offices to view your property. They get a quick bite to eat and also get to see other properties in the area they work. It works best when several agencies get together and hold open sevarl homes in the same area. The agents also have to promote the event to agents in their own office and to other agents in the surrounding area.

Exposure is key in any market !!
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0 votes 11 answers Share Flag
Mon Jan 24, 2011
Scott Godzyk answered:
Your best bet is to look in the real estate ads and find the local brokers who are selling the REO proepties, in most cases the brokers are the ones who manage the preservation tasks. Although some banks do use national companies, they will be harder to get into and pay less. Stick with the brokers, offer good rates, free estimates and a quick service and you will be on your way. good luck ... more
0 votes 2 answers Share Flag
Fri Nov 28, 2008
Caroline York answered:
Contact companies by dropping off a flyer or brochure personally. You will be surprised how many people may be looking for your services but are not sure who to call. Personal contact is always best when trying to develop new business. ... more
0 votes 1 answer Share Flag
Fri Nov 28, 2008
Anne Hensel Available Now !!! answered:
Larry
If you tell me the address or MLS number, I might be able to look it up for you
Anne
0 votes 2 answers Share Flag
Sat May 30, 2015
Ed Fitch answered:
Yes, they hurt your credit if you are not paying on your mortgage. Your lender will report missed payments to the credit bureaus. In this case a short sale could have the same impact on your credit as an outright foreclosure. You might consider contacting a bankruptcy attorney for advice. ... more
0 votes 22 answers Share Flag
Thu May 1, 2014
Bill Eckler answered:
Lorena,

The best way to sell a property quickly is to price it right and implement an aggressive marketing plan that promotes a high degree of visibility.

Good luck
0 votes 8 answers Share Flag
Sat Nov 7, 2009
Bill Szydlowski answered:
Hiring a professional Realtor can help you with this and your other questions about websites to sell your home on. But if that is not what you would like to do, then I would do the research yourself by going on the internet. ... more
0 votes 4 answers Share Flag
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