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Home Selling in San Jose : Real Estate Advice

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  • Local Info143
  • Home Buying878
  • Home Selling129
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Activity 132
Thu Sep 26, 2013
Andrea Wince ~ Lic. 01439761 answered:
The best person to answer this type of question for you is your tax/financial advisor a CPA or some other tax professional. Real estate agents are not qualified to give tax advice. You might also want to search the Internal Revenue Service website at http://www.irs.gov ... more
0 votes 8 answers Share Flag
Tue Nov 8, 2011
Ron Thomas answered:
You should put your stuff in storage
and rent a place or a hotel room until you have it together
you should not jeopardize the sale
0 votes 7 answers Share Flag
Sat Nov 3, 2012
JoANN Guercio answered:
No, you should remain loyal to your realtor and work through this that person. You can not blame the agent for the market or the sellers actions. That agent has stuck through this with you. How were you to work with? It is a two way street.
JoANN
... more
0 votes 18 answers Share Flag
Thu Oct 13, 2011
Ron Thomas answered:
Absolutely; the Listing Agreement can be set at any interval you want.
If you've had it on the Market for six months, why hasn't it sold?
The "Time on Market" varies a lot around California; probably averaging 90 days.
Willow Glen is a nice area: Without knowing more details, I would guess that the Listing price is too high. That is true in about 98% of the cases. Sorry, but that's the truth.
... more
0 votes 15 answers Share Flag
Mon May 30, 2011
Gary Geer answered:
Cary,
This means that your seller may be subject to a deficiency judgement for the balance of the loan and costs. Be sure to let your seller know that they still may be responsible for the discount and costs associated with the short sale. I would try to speak or email the bank contact for clarification and to see if they are filing any judgments against any of their short sale clients. Sometimes they just post the warning, but to be sure check with them.

All the best,
Gary Geer

www.GaryGeer.com
... more
0 votes 5 answers Share Flag
Tue Apr 12, 2011
Tim Page answered:
There is no standard time for a listing. Listing time will change with each market area and for each home. But for my area at this time, homes in the country usually will take longer to sell than homes within the city. Most of the data I look at in my area(Around Spokane, WA) show that homes are listed for more than six months. I'd say six months to a year would be a realistic marketing time for this area, if the home is aggressively marketed. I notice in my MLS, Realtors will list a home for lets say 7 days and then they will keep re listing the home every 7 days to one month. Then on the final sale, it will show the total marketing time as 67 days when in reality, the home has been on the market for 250 days at different price points. Between 2000 and 2004 when the market was hot across the country, you could sell your home in 1 day just with a sign in the front door. I'd go to homes with 8 backup offers. So, it depends. ... more
0 votes 6 answers Share Flag
Fri Jul 25, 2014
Anna M Brocco answered:
Consider contacting a few local agents, or as many as needed, from different realty companies, and interview them in person, then choose the one you like best and who has the most to offer. ... more
0 votes 15 answers Share Flag
Thu Mar 31, 2011
Anna M Brocco answered:
Commissions are negotiable between you and your agent, there are no set standards as it would go against Federal laws--each agency has their own commission parameters, therefore consider interviewing a few local agents from different realty companies, then choose the one you like best and who has the most to offer. ... more
0 votes 9 answers Share Flag
Thu Feb 4, 2016
Anna M Brocco answered:
Commissions are always negotiable between you and your agent, there are no set standards--interview a few agents from different realty companies, then choose the one you like best and who has the most to offer. ... more
0 votes 13 answers Share Flag
Thu Mar 24, 2011
Christopher Pagli answered:
Hi, Check back with us in about 4 1/2 years for a real honest answer. There is no way to tell for sure where it will be. Many will have their opinion but you'll have a bowl full of opinions and won't know which one to go with :o)

Christopher Pagli
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
914.406.9023
... more
0 votes 15 answers Share Flag
Fri Aug 8, 2014
Anna M Brocco answered:
Since none of us were involved in the transaction, not sure an accurate answer can be given--it may be in your best interest to consult with an attorney who specializes in real estate, he/she can best advise as it relates to your specific situation. ... more
0 votes 23 answers Share Flag
Wed Jan 19, 2011
Dallas Texas answered:
Best to confer with the professional who assisted in this qualification process.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
0 votes 1 answer Share Flag
Mon Jan 17, 2011
Terri Vellios answered:
I live in 95136 and Good is subjective. Look up www.crimereports.com
0 votes 7 answers Share Flag
Fri Jan 7, 2011
Michael Young answered:
Escrow still holds the deposit. If your question is whether the seller can keep the deposit...the answer is: maybe, but mostly no.

After the contingencey deadline has passed, including extensions, and the buyer has not released contingencies, the seller can provide the buyer with a Notice to Perform, which gives the buyer a certain amount of time to execute and fulfill the contract. If they do not, then the seller can cancel the contract. The deposit is returned to the buyer, in full.

But if the seller feels they have somehow financially suffered, then they can claim all or part of the deposit. How much is up for negotiation and could ultimately be decided through arbitration.
... more
0 votes 14 answers Share Flag
Tue Dec 14, 2010
Andrea Wince ~ Lic. 01439761 answered:
Hello Ahn, since you are about to list, I am assuming you've already spoken with a Realtor who will handle the sale for you and also the short negotiations between you and your mortgage holder. Your real estate agent is aware of the terms of your short approval so, in my opinion, they would be the best person to answer this question for you. ... more
0 votes 16 answers Share Flag
Fri Jan 7, 2011
David Uffelman answered:
The bank typically pays the Real Estate Broker's commission in a short sale.
0 votes 17 answers Share Flag
Fri Jun 6, 2014
Dawn O'neal answered:
Hi Joe - unless you put your home on there yourself, you should probably contact your REALTOR and have them prepare the Modification of Terms form for you to change the price. They will then be able to change the price on Trulia for you.

If you put it on yourself then Trulia should be able to help walk you through the change.

Good luck!

Dawn O'Neal
Realty World Executive Advantage
... more
0 votes 6 answers Share Flag
Mon Jul 26, 2010
Terri Vellios answered:
That is determined by the contract the parties signed. Usually the home is empty of personal belongings and is cleaned.
0 votes 3 answers Share Flag
Thu Jul 15, 2010
Rich Homer answered:
Your parents should have an Agreement that needs looked at, possibly by an attorney. If there is nothing in writing, I don't see it as legitimate. "Free legal advice" are the words to type into a search engine like google. Gooid luck. ... more
0 votes 2 answers Share Flag
Sat Jul 14, 2012
Keith Sorem answered:
Selling
The way to get a home sold is to obtain an offer. On average, an offer is generated from 10-12 showings.
The rule of thumb for selling is 10-12 showings should produce an offer....within two weeks....or lower the price.

The longer a property is on the market, the greater the gap between asking and selling price.

The key is this: what are other comparable homes doing in the area? Most properties, priced and prepared for market, will sell in two weeks. This varies by price point and market.

Ask your Realtor to show you what is happening with your competition.

Good luck
... more
0 votes 15 answers Share Flag
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