| Subject | Date Asked |
|
| selling land | 9/2/2008 |
Q: I live on 100 acres, which has a large mortgage. I would like to sell 1 or 2 acres to my daughter, ...
A: The first place to start is to call the bank (start with the customer service #) and start working ...
|
| Withdraw listing of home | 8/10/2008 |
Q: We listed out home with a real estate agent who was a friend. The experience has been a nightmare. ...
A: Withdrawing the listing is the same thing as getting out of the contract. The listing agreement is ...
|
| Interested on buying a pre-foreclosure house | 7/17/2008 |
Q: I have 2 questions: (1) I saw a pre-foreclosure house that built in year 2006 and the asking price ...
A: I can't give you a price range. You should find out what the prices are for homes currently for ...
|
| Sellling home to buyers with FHA financing | 7/12/2008 |
Q: I have buyers that are interested in my home. They are going through FHA. They also would liek ...
A: Maybe you should wait and see what the FHA appraisal turns up before you agree to change things in ...
|
| get out of contract | 7/10/2008 |
Q: If your financing fell through on a house you were "going" to buy and now want to stay in your ...
A: It depends on what the contract says on your current home. Read it carefully. Normally you know ...
|
| real estate | 7/9/2008 |
Q: If I sell my rental home through a realtor and by the time we close the mortgage is one month late ...
A: You would continue to make your mortgage payments on time. Once a contract is accepted you will ...
|
| RE classes | 6/25/2008 |
Q: I wasn't sure where to ask this question so forgive me if it's posted in the wrong area. I am ...
A: Try your community colleges. A lot of times they will offer online classes. You may want to call ...
|
| Selling a home in pa | 6/8/2008 |
Q: Is it mandatory that you do a home inspection and/or a termite inspection when you sell a house in ...
A: It is not mandatory that you do a home inspection. It depends on the type of financing a buyer is ...
|
| Do I have to pay my seller? | 4/24/2008 |
Q: I just bought a house a month ago and now I am going through my divorce. I deposit $10000 into the ...
A: Did you buy a house a month ago or are you getting ready to close on a house? Your statement ...
|
| improvements before lising our home? | 4/11/2008 |
Q: We're going to be putting our house on the market (we're in PA) this spring and I would really ...
A: You are on the right path - keep the cost of the improvements as low as you can, because you can ...
|
| Deposit Refund | 2/29/2008 |
Q: My fiance and I fell in love with a home in Pennsylvania through the builder Ryan Homes in Fox Run ...
A: I agree with what you said, you are legally bound by the written contract. However you could always ...
|
| How to know when to walk away | 2/19/2008 |
Q: In october, I entered into an agreement for the sale of a condo, which is considered new ...
A: Well not really, although take a very close look at the section of the contract that talks about ...
|
| How to know when to walk away | 2/18/2008 |
Q: In october, I entered into an agreement for the sale of a condo, which is considered new ...
A: You bring up very valid fears. It isn't clear to me where this "option" money came from. Was it ...
|
| buying property at sherrif sale | 2/16/2008 |
Q: I AM INTERESTED IN A PROPERTY THAT IS SCHEDULED TO BE SOLD AT SHERIFF SALE IN LATE MARCH. I HAVE ...
A: Since you can't find the owner, you're best bet is to wait until the bank assigns it to a realtor ...
|
| First time investing | 2/7/2008 |
Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
A: First- I think you'll find investing to be more of a cash flow out of your hand, not into it. At ...
|
| buying a house soon | 12/16/2007 |
Q: I am currently in the hunt for a house in Northeast PA. Are they any tips or advise you can give me ...
A: Several things. Get a home inspection. Look around the popular real estate agencies first before ...
|
| home buying | 11/21/2007 |
Q: I signed a contract, put down $3000 good faith money and went ahead with the inspection. I still ...
A: You could lose the $3000, you could split the $3000, you could get the $3000 back. You could be ...
|
| rent to own rights: | 10/22/2007 |
Q: my parents are currently in a rent to own agreement and I have a few questions.When the agreement ...
A: This is too complex to be answered here. You should take the contract to an attorney, especially if ...
|
| Home Values | 9/18/2007 |
Q: I previously submitted but want to ask a another question. Our neighbor's house is atrocious. She ...
A: Are you saying that a website like zillow or others always calculates your neighbor's house higher ...
|
| Appraisal Info - Websites | 9/18/2007 |
Q: we live in Montgomery County, Maryland and frequently visit websites such as Zillow and ...
A: If you want a second opinion when you get your appraisal, call a licensed Realtor and ask them to ...
|
| buying a house in full | 9/12/2007 |
Q: I am 43 years old and have never owned a house before, we have always been renters because of ...
A: Generally speaking the assessment amount is lower than what the property will sell for, even in a ...
|
| Breaking a contract | 7/9/2007 |
Q: I was pre-approved for a home mortgage loan. I found a house and signed a contract. I am due to ...
A: Tell someone - the sooner the better. If it is a home you still want, the mortgage co. may have ...
|
| shared driveway | 6/22/2007 |
Q: My question is regarding the sharing of a driveway. We purchased our home with a driveway that is ...
A: You're welcome. The owner before you may have allowed them to use the driveway. Still once you own ...
|
| shared driveway | 6/21/2007 |
Q: My question is regarding the sharing of a driveway. We purchased our home with a driveway that is ...
A: I would research this by checking with the survey company (tell them what the neighbor claims). ...
|
| to buy a house someday | 2/11/2007 |
Q: I am only 23 and not the best credit history. I don't even have a bank account cause of x lived with ...
A: You are on the right path, saving money for a down payment. I don't know of an area where you can ...
|
| private purchase | 2/2/2007 |
Q: This is not a question for a realtor, but . . . A friend has agreed verbally to buy a house from a ...
A: Preference of the parties involved. Sometimes people have more comfort with an attorney who looks ...
|
| Want to Cancel Real Estate Contract | 1/18/2007 |
Q: I have an issues with buying a condo in the state of MD. When I decided to purchase (for ...
A: You need to read the paragraph in the contract that deals with return of deposit money, and the one ...
|
| what happens with the deposit | 12/28/2006 |
Q: If I don't qualify at the time of closing, will I be able to get the money deposit back? Can you ...
A: I am not familiar with contracts in New Jersey. Generally speaking, if the buyer is not at fault of ...
|
| home sale | 12/13/2006 |
Q: Melinda, my wife's parents recently passed away. As a result my wife and her brother are left with ...
A: yes, it's reasonable that an investor might want to flip it. They may low-ball the offer more than ...
|
| someone offered me $80,000.00 what's next | 11/27/2006 |
Q: someone offered me $80,000,00 for my house and is waiting for me to tell them yes or no....i know my ...
A: Getting it in writing is always a first. Then, make sure they can pay you (financing), then double ...
|
| how to cancel a pre-construction deal | 11/20/2006 |
Q: I entered a pre-construction deal for 2 condos in July 2005. I made a deposit of $103,000. The ...
A: If you can't get financing, you can't be expected to close a deal, unless it can be proven that you ...
|
| breaking a contract | 10/27/2006 |
Q: my question is how do I get out of a contract with an agency that I am not happy with. I signed ...
A: In general RE/MAX has a wonderful reputation. However, each office is independently owned so it's ...
|
| Poor Marketing | 10/9/2006 |
Q: My husband and I listed our house with an agent who promised to very aggressively market our home. ...
A: Check your listing agreement. It's a contract between you and the agent/broker. The terms for ...
|
| Owner Finance? | 10/4/2006 |
Q: We own a house in MD and want to sell. I talked to a local agent and she meet me at the house with ...
A: This is why people list their home with a Realtor. It's complicated, and if you do it wrong you're ...
|
| Can I break a contract for poor perfomance on my realtor's part? | 9/27/2006 |
Q: I signed a contract with a realtor to sell my home. Before I signed, he agreed to every condition ...
A: 1. Did you get all these "extras" in writing? 2. What does the contract say? There is usually a ...
|
| buying a home | 9/12/2006 |
Q: I do have a pretty good amount to put down on my home however my credit is horrible. I would like to ...
A: First you'll have to get ready to do some interviewing. You need to find a Realtor that will work ...
|
| Home buying -walkthrough | 9/5/2006 |
Q: I'm about to do a walkthrough on my newly-constructed home - What things should I look for or be ...
A: Some of the things you should be aware of are minor imperfections in walls, cabinets, etc. You'll ...
|
| discounts? | 8/25/2006 |
Q: how do i find real estate at deep discounts? how do i know when the listing is deeply discounted ...
A: Jason, it's true that in most areas, it is a buyer's market. That being said, I've never seen a 75% ...
|
| Buying a home in Gettysburg? | 8/22/2006 |
Q: I'm a first time buyer looking to buy in Gettysburg Downtown district, an older house there. Am ...
A: First, in PA there is no presumed buyer agency as there is in MD. You have to tell the agent that ...
|
| selling | 8/10/2006 |
Q: My husband and I had a buyer make an offer on our home just recently which we accepted on July 10th. ...
A: Unfortunately, sellers and seller's agents are not privy to all of the buyer's financial ...
|
| mortgage/title | 8/8/2006 |
Q: My boyfriend and I are buyind a home in Pa I cannot get a mortgage without him, the down payment is ...
A: Usually yes. You can also (usually) both be on the title when only 1 person is on the mortgage. ...
|
| Buying a home in Maryland. | 8/4/2006 |
Q: My name is Guy and I recently passed my real estate exam. I'm currently working for FedEx however ...
A: Guy: Yes, you can do that. You need to talk to a bank or mortgage company. Pick a few different ...
|
