I would recommend listing your land on the MLS. You should also consider all other forms of real estate marketing. I would put up a sign on the property at the nearest road with traffic, list it on the MLS, post it on all of the major real estate websites, blog about the property, classified ads, use social media, etc.
You could also get creative and contact some local builders to discuss the property.
If you want a quick sale make sure you price it right for today's market.... more
I did not see the CAR article. The fees vary from one association to another. They can be as little as $100 to over $400.00 the last I noticed. There have been challenges in the past about the amount being inappropriate based on what is actually provided, but most people just bite the bullet and pay. You need to check with the management company for the association to check specific fee for the association in question.
It looks like nobody wanted to step up to your question, so I will attempt. In MOST cases I would say after. Often times when a homeowner decides to short sale, and is no longer making payments on their home because of their hardship, this may allow them to get caught up on other bills and not have to file at all. I would reccommend BK after short sale since there may be a promissory note or a defieciency judgement that could be wiped out in a BK.
One exception to this, is a looming foreclosure and there is not enough time to get the short sale started and the sale date postponed...then filing a BK WILL delay the sale date and stop the foreclosure during the process.... more
Depending on the financing of the seller, they may need to get a bunch of repairs to get the home up to FHA / VA SDHC standards. Did you get a roof cert stating that the roof has at least 5 years of life left?... more
Whether you should sell your house depends on several factors....You don't provide much information as to why you're thinking of selling. Do you need to move for work? You bought low but will it be a short sale? Do you need to sell due to financial reasons? Do you just want to change location? The reason(s) you are thinking of selling would determine if you should sell or not.
How long can you afford to hold on to the home? If the answer is less than "as long as it takes" you probably want to sell now. Interest rates are starting to climb and if the Federal Reserve slows down or stops "quantitative easing" as hinted at during the last announcement the market going to cool down and you shouldn't count on the huge gains that we have seen so far this year continuing. Iâ€™m already starting to see this as is reflected by longer market times for listings that have come on the market within the last 30 days.
However, if you are comfortable holding the property for a long time and either have a good interest rate or own it outright then the long term buy and hold strategy for real estate is hard to go wrong with.... more
The listing agent should send a notice to perform. If the buyer wants more time they should automatically release some or all of the deposit. Possibly a per diem. Unless the market is tight and they don't think they will get a better offer...... than maybe they would hold off. At some point a buyer needs to let the seller know if they are going to putt or get off the green.... more
I do not have any referrals as it has been a long time since I did a condo conversion similar to what you plan to do. I will tell you the cost will probably be around $20,000 which includes city fees and the cost of a certified engineer and the process could take two years. I recommend going to city hall and find the department the handles the division of property and they might have some preferred engineers.... more
According to paragraph 14C the seller can only cancel if you fail to perform according to the contract. If the seller is incapable of signing their documents because they are fully incapacitated that may be another issue. Minor health issues do not seem to me to be a reasonable cause to cancel the contract.
Regardless, if the seller fails to perform, you have remedies through mediation and arbitration and can require specific performance on the part of the seller. Paragraph 26 addresses mediation and arbitration.
I hope you get your home
Jerry Heard... more
Generally, you want to interview a Realtor (or several) and have them do a market analysis on your home, to ensure that you are both on the same page about the value of your home. The Realtor will look at data from the local MLS to determine an appropriate listing price for your home. From this, you have to decide if you are now ready to list your home (with that Realtor or any other).... more