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Buying or Selling a Home/Questions Answered by Expert Connie Wildasinn-Broker,GRI,Realtor®

Subject	Date Asked
Home Additions	2/10/2012
Q: I purchased my first home about one year ago. It is a 2 bedroom, 1 bath single family home in a Los ... A: The eventual price of the home - standing with equity or 'underwater' will all be determined at the ...
Home Additions	2/9/2012
Q: I purchased my first home about one year ago. It is a 2 bedroom, 1 bath single family home in a Los ... A: .. You sound like you are in a quandary... It really boils down to how long you plan to live in ...
fees for selling and buying new home	2/8/2012
Q: I just had a question about the costs of upgrading to a new house when you outgrow your current one. ... A: Congratulations on the expanding family... the price you would get for your current home is all ...
Home Additions	1/4/2012
Q: I just purchased a 900 sq. ft. 2 bedroom, 1 bath home back in April near Los Angeles. I am ... A: So now you are borrowing money to make an addition? Keep in mind borrowed money is typically repaid ...
Home Additions	1/4/2012
Q: I just purchased a 900 sq. ft. 2 bedroom, 1 bath home back in April near Los Angeles. I am ... A: All depends... in a down market (what we are experiencing now) 2/1 is the bottom of a single family ...
Selling our house	12/22/2011
Q: We are looking to sell our house and I would like to know if we would receive any property or school ... A: you don't mention where you property is located, but here in Los Angeles county of Calif,you would ...
Property Exchange and Taxes	12/17/2011
Q: My question is that I bought a property through property exchange about 8 years ago in California. ... A: Because you purchased as a 1031 exchange, you need to check with your tax advisor. The goal of ...
Rent or Sell?	12/12/2011
Q: I purchased my first home, but it is becoming a bit much for me financially. I am not underwater by ... A: 1. the price is way high for a rental and the 'profit' just covering means upside down, since you ...
Rent or Sell?	12/12/2011
Q: I purchased my first home, but it is becoming a bit much for me financially. I am not underwater by ... A: It all depends is the best answer I can give you. 1. How much have you money is your property worth ...
FHA Loans	12/6/2011
Q: I purchased my first home in the San Fernando Valley back in April of this year using an FHA loan. A ... A: Congratulations on the purchase... since you bought the property with all intention of living at the ...
Real Estate Agent Compensation	12/5/2011
Q: My question regards what a reasonable payment would be for a real estate agent to help me write up a ... A: Since I have no idea what monies are in play, I'd say it now depends on liability issues for the ...
Buying/Selling Home	10/20/2011
Q: I am hoping you can clear up a few questions I am having about buying/selling my home. First let me ... A: Well to start Congratulations on opening your own business! As a woman run Brokerage real estate ...
Paying in cash	10/5/2011
Q: I'm thinking about buying a home all in cash. I was told that by paying in cash, I can get the ... A: I cringe when I hear buyers say they can get it lower because they have cash... no necessarily... ...
Deeds and Contracts	10/4/2011
Q: I recently started a new ministry and while out looking for a building for our church I met a man ... A: You really need a real estate attorney/closing agent. It is great that he wants to 'give' it to ...
house zoned. urban commercial ?	9/13/2011
Q: My husband and I have found our dream house.. unfortunately it has been zoned urban commercial due ... A: Unfortunately at this juncture since it is bank owned most likely nothing short of you and your ...
Investment Property	8/24/2011
Q: I am interested in purchasing an investment property - a single family house...3 bed 2 bath around ... A: Great question, look for ease to/for the tenant, good amenity, close to shopping and schools is ...
Finding Real Estate Deals	7/20/2011
Q: I hope this email finds you well. Do you know of any free websites or pay sites that will allow me ... A: HUD you can search direct, however you must us a realtor per HUD... I honestly suggest you find a ...
Realtor Fraud	7/17/2011
Q: Are realtor covered by insurance for knowingly defrauding a home buyer re a mortgage that was not ... A: The quit claim does not remove any one from the original promissory note, only payoff of the debt or ...
Realtor Fraud	7/17/2011
Q: Are realtor covered by insurance for knowingly defrauding a home buyer re a mortgage that was not ... A: There is not enough information in your query to make a well informed decision. But here are some ...
buying at auction	7/10/2011
Q: I own my home(free and clear)and interested in buying a house in my neighborhood as an ... A: Congratulations on planning on purchase income property... great investment these days... I don't ...
First buyer	6/18/2011
Q: I need your advice regarding buying a home. but first let me tell you about my self briefly which ... A: Welcome to the US.... I applaud you on wishing to have the American Dream of owning a home.... You ...
Closing Date Botched	6/8/2011
Q: my wife and I are closing on a new house tomorrow afternoon. We have a great realtor working with ... A: Although I can tell you in 10 years this will be a story for the kids, it stings right now... You ...
Exclusive Right to Sell/Rent	5/19/2011
Q: I signed an exclusive right to sell/rent my property with an agent in Arizona, she is also my ... A: I have had a little dealings with AZ contracts, and unfortunately for most principles they are very ...
selling a home	4/24/2011
Q: Just wondering if you could help with a quick question. We are planning to put our house on the ... A: In a downtrending market do not invest more money... during a great market (prices going up) you ...
house	4/6/2011
Q: Buy is better than rent, is that true because you get to keep the house? A: Buying is only better if you see the value in buying. Yes eventually you get to keep the house, ...
How to write a document to give doublewide away.	3/22/2011
Q: I would like to give my daughter my 1973 doublewide, is there a certain forum that I need to use for ... A: Depending on how you took title to the doublewide, some of the older titles are actually like an ...
house	3/17/2011
Q: How much incomes do one need to make to own a $350,000 house? A: It depends on more than simple income, you need to contact a lender in your area and go over ...
Can I sell my house with non inspected plumbing improvements?	2/28/2011
Q: I am getting ready to sell my nearly 100 year old home and have a couple issues. Issue #1: Most of ... A: Your best approach outside of getting permitted legal corrections... is to be totally honest in the ...
Title company	2/26/2011
Q: we r buying a bank owned home. Closing is set for Monday. About 10 days ago, i asked a question to ... A: It is unfortunate that she simply did not answer you question in a timely manner the first round ...
Studio for Sale	2/17/2011
Q: My husband and I are trying to sell our studio on Capitol Hill in Washington, DC. It is in a great ... A: .. Rent to own - bad deal for the buyer right now - if the economy turns down again and I believe ...
Studio for Sale	2/12/2011
Q: My husband and I are trying to sell our studio on Capitol Hill in Washington, DC. It is in a great ... A: I am sorry to hear the property has not sold, you best offers were at the beginning of the listing. ...
appraisal	2/9/2011
Q: We signed a contract to sell our home. The appraisal came less than contract price. The buyer wants ... A: I hope everything worked out for you... would love to hear back... if you have cancelled out of that ...
realtor ethic code	2/8/2011
Q: My Realtor lowered my asking price by 100 thousand dollars without my knowledge. As per the ethic ... A: You are not unnecessarily out of luck... my suggestion is to go and see her broker manager... you ...
Land Contracts	1/17/2011
Q: We purchased our home on a land contract a little over a year ago. On New Years, our neighborhood ... A: You should seek the advise of a real estate attorney straight away... as all contracts are binding ...
Fixed Rate vs ARM	1/11/2011
Q: I am a first time homebuyer in the Los Angeles area. I will be using FHA financing. I am only able ... A: .. Well lets see... on the downpayment... it is what it is for today.. at 27 you should be moving ...
Fixed Rate vs ARM	1/3/2011
Q: I am a first time homebuyer in the Los Angeles area. I will be using FHA financing. I am only able ... A: .. First off congratulations on deciding to take the plunge and be a homeowner... You don't ...
electrical	12/24/2010
Q: we are buying a house that was built in 1962 in las vegas, nv. we had a home inspection done, and ... A: Congratulations on buying... great time to do so... if it is just the box, depending on what you ...
buy or keep renting?	12/20/2010
Q: So here is my dilemma. My husband stays home with our two young children while he works on his ... A: First Lisa, you need to see what you are qualified to purchase.. that will really determine what may ...
buy a house	12/20/2010
Q: What are the important factors in buying a home? Where can i find a good realtor? We already got the ... A: I can help you on the re-sale end of buying... purchase from a builder is altogether different. ...
buy a house	12/16/2010
Q: What are the important factors in buying a home? Where can i find a good realtor? We already got the ... A: Congratulations on getting approved to buy! As you know prices are way down from the peek years in ...
appraisal	12/15/2010
Q: We signed a contract to sell our home. The appraisal came less than contract price. The buyer wants ... A: my suggestion is you go and see his Broker - have another agent assigned to you so that you can ...
appraisal	12/14/2010
Q: We signed a contract to sell our home. The appraisal came less than contract price. The buyer wants ... A: .. sorry your value did not come in, was your agent there to give comparables to the appraiser? ...
House with One-less bedroom	11/7/2010
Q: I am making an offer on a house that the MLS ad lists for 3 bedrooms but in reality has only 2 ... A: The list price should take into consideration that fact that the property is in realty a 2 bedroom ...
Do I lose my Tax Benefit from home sale if I finance ?	11/4/2010
Q: I am aware of the Capitol Gains Home Sale Exclusion up to $250k. I was wondering if I lose that ... A: Oh raw land... take the deal... I would try for perhaps 3.5% to help cover costs (booking, making ...
Do I lose my Tax Benefit from home sale if I finance ?	11/4/2010
Q: I am aware of the Capitol Gains Home Sale Exclusion up to $250k. I was wondering if I lose that ... A: the capitol gains is for money realized at the sale after capitol improvements and expenses to ...
outstanding lien after close of escrow	10/13/2010
Q: I recently completed a short sale (i was the seller) here in California. It closed on August 13, ... A: sorry your question got lost and I was answering another and found your question...again sorry... ...
outstanding lien after close of escrow	10/12/2010
Q: I recently completed a short sale (i was the seller) here in California. It closed on August 13, ... A: A lot of the detail is sketchy, but from what you say you had 4 other loans on the property after ...
Parents home... now its my problem!	9/20/2010
Q: My parents bought the house back in 1967. They gave it to me about 10 years ago as “a gift” at the ... A: Welcome to the unpermitted delema of home remodeling.... you don't mention where you are from, but I ...
First-time homebuyer questions	9/6/2010
Q: Connie, I just had a couple of questions as a potential homebuyer. Over the past several months, ... A: Congratulations on making the decision to buy... prices are great and interest is at an all time ...
buying a short sale	8/13/2010
Q: I don't know exactly what a short sale is but I want to know one thing. There is this house that is ... A: .. you do not inherit the debt of the prior seller... the seller may get a 1099 and own income ...
buying a short sale	8/13/2010
Q: I don't know exactly what a short sale is but I want to know one thing. There is this house that is ... A: ... Ok... you are confusing verbiage ... A short sale is still owned by a person - they are ...
paying off a house vs paying off a car debt	8/7/2010
Q: Since I feel so comfortable asking you questions, I would like to know if you advice to pay off a ... A: Sorry Esther... your husband is right... keep in mind any car is a depreciating item... you home ...
home equity	8/7/2010
Q: I checked in one bank and the interest rate is 8% and supposedly that's low according to a lot of ... A: .. you have a number of question here ... so ... 1. on the loan 'home equity' get the best rate you ...
buying a home	7/28/2010
Q: I forgot to ask if it is better to apply for a home equity loan at my personal bank( Capital ... A: .. check both spots... home equity is run off % of the value you have left in the home. Wells Fargo ...
home buying	7/28/2010
Q: I would like to know if you personally think that it is better to do a home equity loan or take out ... A: ..keep in mind you can pay off a loan any time (unless called out that there is a predetermined ...
$8.000.00 first time home buyer tax credit extension	7/23/2010
Q: Does the July 22, 2010 extension of unemployment benefits also extend the $8.000.00 first time home ... A: .. No the unemployment has nothing to do with the monies that went to firt time home buyers ... ...
investment property	7/23/2010
Q: Which is better as an investment, to buy a foreclosure at a good price in an older ... A: .. NEVER pay over market value unless you know the market is poised to have a run up as we saw ...
investment property	7/22/2010
Q: Which is better as an investment, to buy a foreclosure at a good price in an older ... A: .. good question... (a lot of good questions here) I get this a lot... You must look at an ...
sell of property	6/22/2010
Q: my property is in my name alone my husband took his name off by way of quit claim deed i have a ... A: I am so sorry to hear about your husband... you will most likely have to get a court appointed ...
home real estate listing	6/2/2010
Q: I've had my home for sale on the market for over a year and I'm taking it off the market for about ... A: .. sorry your home did not sell... I think there are a number of issues that should be addressed ...
Carpet Allowance	4/24/2010
Q: I recently reduced the price of my home which is for sale. The agent told me we should add a $2,000 ... A: It is not illegal for a seller to give a credit to a buyer... at least not in California where I ...
Homepath (Fannie Mae Loan)	4/21/2010
Q: I made an offer on a condo in Chula Vista City (California) that according to zillow is worth 80k ... A: Congratulations of deciding to make the jump and buy a property... great time with low rates and ...
Maintenance Fees	4/16/2010
Q: What is the maintenance fee for a condominium for, what does it pay and what does it not pay. I ... A: the HOA fees are not maintenance fees... they are fire insurance, sometimes flood or earthquake ...
possession after closing	4/15/2010
Q: I recently sold my home, and asked to stay for a week after closing, buyers agreed, and we had a ... A: .. No you did everything you were to do and then some... I would put in writing what you did, have ...
buying home across street from sex offender	4/3/2010
Q: My husband and I are buying a home this month as an investment property. We are hoping to rent out ... A: While no one can answer that question but you... I will tell you that to some prospective tenants ...
Water problems	3/12/2010
Q: We closed on our house back in January. The sellers never disclosed that there was a large crack in ... A: .. Oh I dislike the 'A' word... you mentioned small claims.. if you go the attorney route, they ...
Sell?	3/2/2010
Q: Connie I own a house (actually the bank does) in western Canada but I am sure this question would ... A: .. congratulations on having tripled your equity... not an easy feat in this market place world ...
Buy my Dads home	3/2/2010
Q: It has been 6 months and we still have not closed on this property. We have a mortgage lender who ... A: Sorry sorry to hear the details like this... so you are buying your dads home? per the subject ...
Property tax	2/27/2010
Q: I am interested in two houses in the same neighborhood. The price estimates of the two houses are ... A: This is why you would have to go to the assessor and see what is going on, I would argue that the ...
Property tax	2/27/2010
Q: I am interested in two houses in the same neighborhood. The price estimates of the two houses are ... A: . I am in Los Angeles, CA... we have a very simple tax structure here... for the most part you pay ...
breaking a purchase agreement	2/21/2010
Q: I purchased a house that was assessed under the buying price by the mortgage company. The seller ... A: .. So I take you have not purchased, but are under contract to purchase... 1. do you have an ...
Purchase house from brother	2/14/2010
Q: My brother bought a multi-unit house 2 years ago. My father gave him the down payment, with the ... A: ... Financing will be private money only, unless you can get your father to finance his part also ...
Selling home - notice to tenants?	2/13/2010
Q: Does a landlord have to give notice to tenants when selling a home? The home is in Pennsylvania. A: I am a California Broker, here we do not "HAVE" to give notice, but usually a tenant will find out ...
Lease to own transaction	1/18/2010
Q: I just put our house for rental and threw out a lease-to-own option and I've been getting some ... A: .. No typical anything in real estate... you need to find a figure that is workable to all parties, ...
Studio or 1 Bedroom	1/8/2010
Q: I was wondering if a studio condominium is a good investment when it comes to resale value? I have ... A: .. Hope the dish this afternoon helped you to make a decision... I would do the deal.. but also ...
revoke the transaction	1/5/2010
Q: After closing of escrow, can a buyer revoke the transaction and return the house to the original ... A: .. In short 'no'... you can go after the seller in court for fraud (hard to prove beyond a shadow ...
Broker/Agent	1/4/2010
Q: I live in Fl but purchased vacation property in Alabama 2/08. Recently, someone came on the ... A: .. First be sure the property is for sale... go to any real estate office, ask the updesk agent to ...
Broker/Agent	12/30/2009
Q: I live in Fl but purchased vacation property in Alabama 2/08. Recently, someone came on the ... A: .. Your question got a little jumbled... but I think I have the jest of the question... you bought ...
Studio or 1 Bedroom	12/22/2009
Q: I was wondering if a studio condominium is a good investment when it comes to resale value? I have ... A: Good morning Mike... I will assume that you are paying substantially less for a studio from a 1 ...
Warranty on Repairs Made Prior to Purchase	12/16/2009
Q: I'm not sure exactly who to go to with my question, but hopefully you can help. We bought a home in ... A: .. Keep in mind, not even the most expensive job is done to perfection... you will always find ...
Warranty on Repairs Made Prior to Purchase	12/15/2009
Q: I'm not sure exactly who to go to with my question, but hopefully you can help. We bought a home in ... A: .. 1. Good work finding out the home construction company... yes contact them and find out if the ...
home disrepair	12/13/2009
Q: My wife and I just recently bought a mobile home, because of our credit we did it without the bank ... A: .. Classic example... so sorry you did not do your due diligence... I don't know what state you are ...
Buyer Realtor's job??	12/11/2009
Q: I am in escrow right now on a house that was listed MLS as being 1650sq ft having front and back ... A: I am sorry you are in this transaction... as a first time buyer, it is so important to have a ...
Buyer Realtor's job??	12/7/2009
Q: I am in escrow right now on a house that was listed MLS as being 1650sq ft having front and back ... A: You mentioned a few items that are different from MLS to reality.. there is a disclaimer on the MLS ...
Pre-Settlement Possession Amendment	12/6/2009
Q: We have received an offer which includes a pre-settlement amendment. The buyer has proposed to pay ... A: .. I can't tell count the number of RED flags on this offer! 1. Daily occupancy creates a tenant ...
Buying a Home - 2 signatures	12/3/2009
Q: My husband and I are buying a home in Florida. I will be going down to sign papers, my husband ... A: .. Congratulations on purchasing a new property... I assume you are speaking about the title? the ...
bank owned	11/24/2009
Q: I put a bid in on a house of 376k, on the contract my agent put if the house appraised lower than ... A: Congratulations on getting into the market.... great deals are all over right now... You can ...
2 people buying a house	11/14/2009
Q: We live in northeast NJ where prices and taxes are high compared to many other states. My single 25 ... A: ... Please speak with a financial adviser... you are taking a certain amount of risk as the silent ...
deed	11/10/2009
Q: My sister has passed and my father is concerned that if the deed has to be transferred to his name ... A: condolances, My condolences with the passing of your sister... since your sister did not leave a ...
Short Sale Questions	11/7/2009
Q: I am hoping you can help me with some questions. We are currently trying to sell our house and we ... A: .. Deed in lieu ... not all banks accepts... you need to call yours... if indeed they will take it ...
Short Sale Questions	11/6/2009
Q: I am hoping you can help me with some questions. We are currently trying to sell our house and we ... A: .. Congratulations on trying to be a good citizen... now go and see a real estate attorney, get some ...
CondoProperty Options	10/30/2009
Q: I have owned a 1-BR condo in the Northern VA area for the past 3 years that my wife and I live in. ... A: I understand your situation completely, as I have been in a similar situation recently myself. I ...
titling of investment	10/12/2009
Q: I am purchasing a investment property. I have two other properties, one which is mortgaged in my ... A: Ways of taking title will afford the owner of the property different protections, liabilities and ...
Permitting issues and price of home	10/9/2009
Q: I live in San Diego recently I tried to purchase a property after being in escrow I discovered that ... A: To answer your question is what the current seller advertising 'legal' ... Yes... the property is a ...
Wet Crawl Space and FHA Loan	10/7/2009
Q: We are looking into putting an offer in on a home. My husband has 20 years in the home buikding ... A: Hard to say... if the FHA appraiser sees what you see there is a change it could kill the deal... of ...
$15,000 tax credit	10/6/2009
Q: I know that the details for the $15,000 tax credit is unclear right now but I just had a question. ... A: Your not really giving me enough information to answer you in earnest. The credit (not money) is ...
room with not permit	10/3/2009
Q: I'm in proses of selling my home but the title com. just findout that in 1995 the county find out ... A: I would hope that you have an agent your are working with that is representing you? If not you may ...
Negotiations	10/1/2009
Q: Our home, a beautiful old house on 4 acres of land that lies adjacent to a large creek in the ... A: Welcome to home sale 101 in the year 2009! No kidding aside, in todays market place, it is very hard ...
paying for the right fees?	9/30/2009
Q: I am in the process of buying a condo in California. I just received a good faith estimate from my ... A: The good faith from your realtor is one indicator, you should also get one from your lender, and ...
Home buying	9/28/2009
Q: I curently make $175,000 with a $10,000 bonus. I put $22000 yearly into a Roth 401K plus comp. ... A: You don't mention how you are to purchase the home, whether the seller is to carry the note or ? ...
Closing Question	9/27/2009
Q: I'd like to get your thoughts on the following issue: I am scheduled to close on a house this ... A: There are many issues you don't expand on... 1. Do you have an agent to represent you? 2. Did you ...
Land contract	9/25/2009
Q: My mothers home is in probate at the moment with 3 parties as beneficiaries. My son would like to ... A: If the home is in probate, there will be an appraisal done, and most common is, the selling price ...
Land contract	9/20/2009
Q: My mothers home is in probate at the moment with 3 parties as beneficiaries. My son would like to ... A: I strongly advise you to contact your lawyer that is handling the probate. In a situation of an ...
selling our home in pa, do we need a lawyer	9/9/2009
Q: WE CURRENTLY HAVE A BUYER FOR OUR HOME IN LACEYVILLE PA WITH OUR AGENT DO WE NEED A LAWYER FOR ... A: sorry for the delay your question ended up in my spam file... (found it in the 1758+ e-mail though) ...
buying a home	9/3/2009
Q: i want to be ready for investing very soon. You mentioned that you can tell me what things to look ... A: .. First I would like you to interview a couple buyers agents that have been in the business for ...
Condos	9/2/2009
Q: I went online yesterday and began looking at the condo market in the Ken Caryl/Littleton area...of ... A: You are blessed to be able to use the VA the only 100% program I am aware of, although as a Vets mom ...
investment home	8/31/2009
Q: I am interested in buying this 1943 home, but would like your honest opinion about it. Its home ... A: .. You have plenty of time to gather funds and purchase... we have not foreclosed on the 5 year ...
investment home	8/29/2009
Q: I am interested in buying this 1943 home, but would like your honest opinion about it. Its home ... A: .. my advise and it is only my advise, DO NOT take out a home equity loan or line of credit... ...
investment home	8/28/2009
Q: I am interested in buying this 1943 home, but would like your honest opinion about it. Its home ... A: .. good to hear those were not the taxes! but I am never surprised as I travel the country... ...
investment home	8/28/2009
Q: I am interested in buying this 1943 home, but would like your honest opinion about it. Its home ... A: Congratulations on wanting to buy investment property... a great way to obtain retirement wealth.. ...
buying a home	8/22/2009
Q: What are the important factors in buying a home? And which are secondary? I want to buy a home, ... A: Congratulations on considering the purchase of residential property! Now is an opportune time for ...
Gift of Equity to a non-relative	8/22/2009
Q: My fiance and I rent his mother's manufactured home. She is willing to give us the gift of equity ... A: In answer to your basic question "Can your fiance's mother give you a gift, of equity(?) prior to ...
Buying, then selling...	8/18/2009
Q: My husband and I live in a house I purchased when I was single 6 years ago. This house will be paid ... A: Congratulations on getting the property paid off... no small endeavor these days... Your question ...
Did I get ripped off on my home?	8/16/2009
Q: Heres some information on what my home was acessed at and what it was purchased for, If i got ripped ... A: Without all the details of your purchase, I will try to answer this question... You are showing me ...
Walking away from buy a home	8/7/2009
Q: My realtor got two estimates for roof repair, since the seller (a relocation company) will not ... A: You don't mention what state you are calling in from... but here in California, you can not be ...
INCOME TAX on sale of gifted home	8/4/2009
Q: My mother's house that she lived in for 70 years was signed over to me. 1 year later after she ... A: .. Your question is spot on but your how it happened is a little fuzzy... Now I am not a tax expert ...
Short Sale	7/28/2009
Q: My neice and her husband found a great home and made an offer. The house was listed at 260,000 and ... A: You are correct to think that the short sale home is not an actual accepted offer... not a loophole, ...
Should we buy or keep renting?	7/28/2009
Q: My husband and I were just married a couple of months ago and paid for the whole wedding ourselves, ... A: Congratulations on your wedding... that is exciting news!... On the buying of your first ...
Short Sale	7/27/2009
Q: My neice and her husband found a great home and made an offer. The house was listed at 260,000 and ... A: I can understand that it is heartbreaking when a home purchase doesn't go as the buyer believes it ...
can i be sued after selling a property for an inspectors negligence	7/13/2009
Q: I am an investor in Michigan, I buy distressed, fix them an sell them to first time home buyers. I ... A: .. well here is the thing... anyone, can sue anyone, at any time, for darn near anything.... So ask ...
Contract Termination	7/13/2009
Q: My home has been on the market for 1 year. I am not satisfied with my agent. My contract expires ... A: I am sorry to hear your home has not sold after 1 year actively marketed on the market. No, you do ...
Real Estate Agent Protocol	7/2/2009
Q: We have been looking at houses to purchase with a real estate agent. We have signed no agreement ... A: Congratulation on finding a property you wish to consider to purchase... I will assume you know your ...
selling	7/1/2009
Q: I’m new to home buying. I am currently just renting a room in a house right now, but I would ... A: .. congratulations on wanting to own real estate, I feel for the long run, real estate is a ...
Townhouse	6/29/2009
Q: I want to ask how do you put a value on a townhouse? I don't want to ask the seller, I want a way ... A: A Condo and a Townhouse are similar in that they are both in a planned community, usually have ...
Real Estate Etiquette	6/8/2009
Q: Madam, My wife and I are putting our home on the market. We remove our shoes at our door and guests ... A: Yes there have been times where the seller wants shoes off, does not supply booties, and I (and ...
Real Estate Etiquette	6/6/2009
Q: Madam, My wife and I are putting our home on the market. We remove our shoes at our door and guests ... A: Keeping open communication with your agent is the key! Personally I don't think anyone wants the ...
Real Estate Etiquette	6/5/2009
Q: Madam, My wife and I are putting our home on the market. We remove our shoes at our door and guests ... A: In many cultures it is custom to remove shoes ... we have many homes that desire to remove shoes... ...
Buying and Renting Out A House	6/2/2009
Q: I am interested in buying a house (without selling my own), renovating it, and renting it out. How ... A: .. you actually have a couple question in this question... First congratulations on wanting to buy ...
for sale as a land contract	5/21/2009
Q: my ? is: if I own a house but I'm currently making payments on it and I own 95% of the morgage can I ... A: I don't know what state you are in, so please check with your lawyer... the land contract is simple ...
Buying a triplex	4/4/2009
Q: I currently rent a bedroom in a gorgeous house shared by four people. My lease is up in December. I ... A: Congratulations on wishing to be a property owner. You need to take a few steps back and do your ...
Back Tax Home Purchase	3/18/2009
Q: Me and my wife are looking to purchase a home for back taxes and use it as an investment property. I ... A: well you still need to get the property, and decide if the condition is something you can handle, ...
Back Tax Home Purchase	3/15/2009
Q: Me and my wife are looking to purchase a home for back taxes and use it as an investment property. I ... A: You will want to know about the mortgages, simply buying for back tax will not alleviate that ...
Cert. of Occupancy questions	2/28/2009
Q: Here I am with more questions. In re to one of your tips about knowing when you found the ... A: ..."Whoa, that's just too much damage for us to undertake...we need to walk away...right?" Yes.. ...
Lease Purchase Nightmare	2/24/2009
Q: I'm in the state of texas and my wife and i recently signed a lease purchase agreement that involved ... A: I don't know exactly what your contract reads with the seller on the property in question... keep in ...
Cert. of Occupancy questions	2/24/2009
Q: Here I am with more questions. In re to one of your tips about knowing when you found the ... A: I have been an agent for almost 15 years now, and from a family of realtors, so this is what I grew ...
Quick Clean (or Claim?) Deed	2/23/2009
Q: re a timeshare transfer Dear Connie I have been told by my timeshare company that I should procure a ... A: The paperwork you are looking for is 'Quiet Claim' Deed, it will transfer the title from you to ...
Cert. of Occupancy questions	2/22/2009
Q: Here I am with more questions. In re to one of your tips about knowing when you found the ... A: It is interesting isn’t it that price will always make the difference. I have personally always ...
Court dictating selling price of home	2/19/2009
Q: We put a bid in on a home in Northern NJ. At the time the seller agent used an investor tactic ... A: You most certainly are not wrong in questioning things... you are getting ready to purchase the most ...
Court dictating selling price of home	2/19/2009
Q: We put a bid in on a home in Northern NJ. At the time the seller agent used an investor tactic ... A: Sorry about your ordeal, my best advise is to move on... No one can force a seller to sell to any ...
new to home buying	2/19/2009
Q: I am new to the buying house concept. I want to find out more info about it. I am 35 and my gross ... A: 1. Your best to find out exactly how much mortgage you can afford is to speak with a mortgage broker ...
Court dictating selling price of home	2/18/2009
Q: We put a bid in on a home in Northern NJ. At the time the seller agent used an investor tactic ... A: It sounds like the house is in possible conservatorship? Since the owner is in a nursing home and ...
Selling Before Probate?	2/14/2009
Q: My four siblings and I are selling our deceased parents home. The attorney who is (supposedly) ... A: My condolences on your situation... you will be hard pressed to close without clear title unless the ...
Is now a brilliant or terrible time to buy?	2/11/2009
Q: My wife and I have always rented, we're in the L.A. area and are expecting our first child in July. ... A: Good question Kevin, And it all depends on your personal situation. Congratulations on the up ...
problems right before closing	2/6/2009
Q: the problem i am facing is that i was trying to get a property from hudsonandmarhall auction company ... A: The bank told you your were approved, but I would guess that they had stipulations that had to be ...
problems right before closing	2/5/2009
Q: the problem i am facing is that i was trying to get a property from hudsonandmarhall auction company ... A: You don't mention the state you are dealing in, but in general I will answer your question. When ...
home buying and selling	1/25/2009
Q: My fiancé and I currently live in her condo and are getting married in May. We have started to look ... A: Lucas, Congratulations on you up and coming engagement and marriage! Buying a house as you know ...
title	1/23/2009
Q: My husband and I bought a home for my mother with bad credit. I do not think she was added to the ... A: You have a couple of concerns noted in your question... You can go to your county tax recorders ...
home buying	12/30/2008
Q: We are interested in buying our second home. The first home is in a new sub-division and the home of ... A: sounds like home #2 is the better situation for the house, taxes and family except a little upgrades ...
home buying	12/28/2008
Q: We are interested in buying our second home. The first home is in a new sub-division and the home of ... A: As you can see pricing is down trending sharply... you did not mention where you home is located, ...
Buy a home	12/16/2008
Q: we would love to buy a home in Toledo, ohio..but since it's our first time..we have absolutely no ... A: No problem, but do contact a lender and good real estate agent to assist in your quest.... keep in ...
should we buy a house now?	12/15/2008
Q: My daughter and son-in-law currently live in a one-bedroom furnished rented apartment in Lakewood, ... A: Congratulations on their wanting to improve their overall financial wealth. Real Estate is a long ...
Buy a home	12/12/2008
Q: we would love to buy a home in Toledo, ohio..but since it's our first time..we have absolutely no ... A: I am glad to hear that you see the benefit of buying a home... in this lending environment it can be ...
What can we do?	12/5/2008
Q: My husband and I decided to purchase a home at the beginning of the year. My mother set me up with a ... A: good to hear you are on top of it! I would be concerned that the numbers to the sub contractors are ...
What can we do?	12/5/2008
Q: My husband and I decided to purchase a home at the beginning of the year. My mother set me up with a ... A: I am so sorry to here that you are having this experience, your first home should be a joyous time! ...
Cancel Contract?	10/15/2008
Q: I agreed to purchase a home about a month ago. I received approval for a mortgage days before the ... A: There are a couple of things to consider before you simply walk away and cancel. 1. Did you have ...
wholesales	10/8/2008
Q: I'm starting a wholesale business and my question is two fold. I'm interested in using $1,000 in ... A: I want to make sure I understand your question... you have $1,000... and that $1,000 is 'already' ...
short sale	9/30/2008
Q: We now find it necessary to sell our house and find a much cheaper apartment.We have a 1st and 2nd ... A: You will need to contact your current mortgage holder on both your 1st and 2nd loan, you will need ...
Buying is this environment	9/24/2008
Q: I live in northern California and am just about ready to make an offer on a lakefront property in ... A: You sound like you have a heart felt tug to this property! So good for you for having the cash, buy ...
Buying A short Sale	9/24/2008
Q: I make about 130,000 a year but I do have a NY state tax lien. My credit is not good but the income ... A: You only have a couple of options on the property you are currently in … your best bet to seek out a ...
Buying is this environment	9/23/2008
Q: I live in northern California and am just about ready to make an offer on a lakefront property in ... A: Congratulations on wanting to be an investor! I am a strong believer in real estate, and now is a ...
terms and conditions	9/20/2008
Q: We have received a purchase Agreement for our home with the condition: "Seller to credit $10,000 ... A: I take it you are the seller, and this clause is simple terms says that YOU will be GIVING the buyer ...
buying a home	8/22/2008
Q: my husband and i just bought his grandfathers house for $7,000. the house needs work and isnt in ... A: There seems to be a couple of different items in the question. I am not familiar with the Calument ...
tax lien	8/17/2008
Q: I live in Memphis,TN and my question is how to obtain a property that has unpaid taxes due. The home ... A: Just because a home is abandon, with a tax lien is not necessarily a property that 'can be ...
2nd on a home	8/14/2008
Q: I have a first and a second on a home. I am not able to pay the second mortgage anymore. Will I ... A: YES! This may be the time to sell this property; hopefully you have some equity to pay closing ...
investment	8/3/2008
Q: i had bout a piece of property about 20 ears ago and bought it for about 80k now im selling if for ... A: Yes there are ways to defer capitol gains. One of the most common is the 1031 Exchanges. This has ...

All Questions in This Category

Connie Wildasinn-Broker,GRI,Realtor®

Top Expert on this page

Expertise

Broker,GRI,Realtor®, Investor since 1979. Buying or Selling Residential and Income/Investment Properties, How to understand the process, how to negotiate through the transaction, What to Look for - But more importantly 'What to lookout for!', How to tell if the time is right - or hold on and wait. Why not to listen to your friends and even your family members, Who really has your best interest at heart?. Understand why any market is a good market and how to spot a good investment for you! If you are looking in California.. check out my website www.MetroCalBrokers.com and if you need assistance in a neighborhood I don't service, I will locate a local agent to that area who actually knows their profession and can assist you in your needs!

Experience

4th generation Realtor in the real estate business, I have helped for over 2 decades clients buy and sell, I am the owner of a local brokerage in the Los Angeles /Long Beach area, and have been a top producing agent in the area since I became licensed. Working through a deal is different to every client, no two people or deals are exactly the same. Knowing how to bring professional advise to the table with clear and concise understanding of real estate world. I can help you handle your buying, selling and investing, managing a 1031 Exchange, working with Equity Sales, Probate, Pre-Foreclosure Regular and Short Sales there is little that I have not seen come across my desk over the decades!

Organizations
NAR, CAR, WCR, ABR, e-Pro, GRI, BKBIA, CHNA,SSG

Publications
Broker Agent Magazine Long Beach Business Journal Long Beach Press Telegram Signal Hill Tribune Grunion Gazette All Experts Zillow - Lead Agent - Advise Expert Truila - Advise Expert

Education/Credentials
Broker-owner, Realtor®, GRI,e-Pro, SSG-Short Sale Certified

Awards and Honors
Managing Broker for MetroCal Brokers. We merged my old brokerage with MetroCal this year, and we look forward to expansion and growth moving forward. We currently employ 30 Realtors and growing. 15 years running top selling agent in Long Beach, South Bay area California. Top Producer 5 years straight Re/Max, C21, Realtyworld.

Past/Present Clients
upon request = or check out our website www.MetroCalBrokers.com and check the Testimonials section!

Encyclopedia

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