| Subject | Date Asked |
|
| house on market 9 months- no offers | 11/19/2009 |
Q: My siblings and I are trying to sell my parents house (they have both passed away). It has been on ...
A: It's hard to say whether that is a good strategy or not as there are two ways to look at it. If the ...
|
| Selling home | 10/27/2009 |
Q: Lisa, Thanks in advance for your help. Im thinking of selling my house.Could you tell me how to go ...
A: You can choose to sell it by yourself if you'd like. If you choose this option, you'll want to hire ...
|
| HOA | 10/9/2009 |
Q: recently purchased a foreclosed property in a subdivision and were told by the closing attorney, ...
A: If there is a mandatory HOA, you must pay the dues or they can hire attorneys to collect the dues, ...
|
| house | 9/30/2009 |
Q: 1. What is the most expensive house out there so far? 2. What house should I own? 3. What factors ...
A: 3. That is a hard question to answer. Some people use their home basically as a place to eat and ...
|
| house | 9/30/2009 |
Q: 1. What is the most expensive house out there so far? 2. What house should I own? 3. What factors ...
A: 1. What area are you wondering about? Dunellen Hall in Connecticut I believe is the most expensive ...
|
| buy with a rental | 9/29/2009 |
Q: We are planning on renting our home to a couple with a rent to buy lease. We want to move up to the ...
A: It may not be a problem at all. I just worked with a family in the same situation and he had a VA ...
|
| resale values - first time home buyer | 9/21/2009 |
Q: I would like to buy a home but am unable to decide between 2 houses and would like some assistance. ...
A: That's a tough one especially because I don't know the neighborhoods you are talking about. For ...
|
| Fencing | 9/17/2009 |
Q: We live in a fairly nice area of town, on the Northern corner lot of a very busy road that get's a ...
A: Yes, backyard fence. Front yard fence may or may not be an issue. In our area there are very, very ...
|
| Fencing | 9/17/2009 |
Q: We live in a fairly nice area of town, on the Northern corner lot of a very busy road that get's a ...
A: I would absolutely put up the privacy fence. The likelihood of a first-time buyer (which would most ...
|
| Buy a property w/lein on it... | 8/30/2009 |
Q: I know of a property built in the late 50's or early 60's, that has a lien of ~$158,00.00, for I ...
A: You would have to ask as far as what the lienholder would take. It's anyone's guess as to what a ...
|
| seller financing | 8/27/2009 |
Q: Im interested in using the seller financing. Im not real expirienced in structuring notes for ...
A: I suggest that you discuss this with a real estate attorney to make sure you don't make any mistakes ...
|
| Seller's Disclosure | 8/21/2009 |
Q: I brought a home as in with a home inspection in Nov of 2006. The house appeared to be in great ...
A: I missed this follow up - sorry! They should have disclosed that to you because insurance claims ...
|
| Seller's Disclosure | 8/21/2009 |
Q: I brought a home as in with a home inspection in Nov of 2006. The house appeared to be in great ...
A: It sounds like you may have a case against the owners if you can prove that they did not disclose ...
|
| homeowner disclosure responsibilities | 8/9/2009 |
Q: My son and his wife are in the process of purchasing a house in Montgomery County, Maryland, on a ...
A: Your son and his wife are in a very unfortunate situation that is all too typical nowadays. ...
|
| Lack of funding | 8/2/2009 |
Q: Greetings Mrs. Webber, I recently entered into a contract to purchase a house in southern Maryland. ...
A: You made an offer on a foreclosed property. In the bank addendums, there is normally an are that ...
|
| good faith money deposit | 7/7/2009 |
Q: My girlfriend and i were looking to have a townhome built for us. We were required to put $500.00 a ...
A: I'm not sure what kind of deal you got into. In the "standard" Maryland Realtor Board contract, ...
|
| Rent to Own | 6/28/2009 |
Q: I live in Maryland and really would like to find an honest rent-to-own situation. My credit is not ...
A: Your first step would be to discuss your situation with a mortgage broker and see how long it will ...
|
| Legal | 6/24/2009 |
Q: I puchased an 'as-is' foreclosed property. I now am realizing, after 8 months, that the property ...
A: That's the problem; I don't know if you'd be able to recoup any damages at all. The bank's ...
|
| Legal | 6/24/2009 |
Q: I puchased an 'as-is' foreclosed property. I now am realizing, after 8 months, that the property ...
A: Interesting. This sounds like something you'll want to discuss with a real estate attorney to see ...
|
| Legal | 6/24/2009 |
Q: I puchased an 'as-is' foreclosed property. I now am realizing, after 8 months, that the property ...
A: Unfortunately when a bank forecloses on a property, they typically do not know much about it. The ...
|
| short sale tenat rights | 6/13/2009 |
Q: My question is when my landlord property is in a short sale do I have to pay them rent. It doesn't ...
A: Are you still under a lease? There are a lot of things that can happen in your situation. If the ...
|
| Misrepresentation of Home | 4/27/2009 |
Q: My daughter is buying her first home in Maryland. Her realtor told her that the house she was ...
A: I'm puzzled as to why the Realtor couldn't figure out if there were central air or not. You may ...
|
| Quick Question | 4/25/2009 |
Q: I have lived in a home for 20 years, we refinanced a couple times. My brother and myself were ...
A: I'm so sorry to hear about your situation. Have you considered renting out rooms in your home? ...
|
| downpayment and closing cost assistance | 3/28/2009 |
Q: Is there any closing cost and down payment assistance for borrowers who are not 1st time buyers and ...
A: Many home sellers in this market are willing to help with your closing costs and you can make that ...
|
| VA Loan | 2/22/2009 |
Q: I am about to buy a house with a VA loan, however the VA Loan say no down payment. I gave a 2500 ...
A: I answered this question a couple days ago and it looks like it did not register in the system - ...
|
| appliances installed incorrectly | 2/13/2009 |
Q: we bought a house and settled 1/29. There were many problems that the seller agreed to fix but they ...
A: Yes, it should be his responsibility if it was part of the home inspection contingency. Any ...
|
| appliances installed incorrectly | 2/13/2009 |
Q: we bought a house and settled 1/29. There were many problems that the seller agreed to fix but they ...
A: It is really a shame that you were left with such a mess! In a perfect world, you would have ...
|
| 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: Yes, definitely put your condo on the market first. What most people want to do is identify a new ...
|
| failed septic system inspection | 11/7/2008 |
Q: We have a contract on a home in AA county. The septic system failed during our professional ...
A: I answered this the same day you asked it and I don't know why it didn't go through - so sorry! You ...
|
| Commissions paid on Auctioned real estate | 10/23/2008 |
Q: We won a real estate auction last week in Baltimore County. We submitted an agent registration form ...
A: Your agent should be paid. Without seeing their terms, it's hard to say how it will be handled. ...
|
| Seller's Obligation | 9/29/2008 |
Q: Lisa, I read your profile on the website and hope that you can answer the following questions for ...
A: First of all I have to tell you that since I am not a real estate attorney, I am not allowed to give ...
|
| backing out contract agreement | 8/23/2008 |
Q: My parents signed a contract to move into a house the guy call them and came to their house i was ...
A: This is a situation that is out of the expertise of a Real Estate Agent as we are not permitted to ...
|
| backing out contract agreement | 8/23/2008 |
Q: My parents signed a contract to move into a house the guy call them and came to their house i was ...
A: Was the contract to purchase the home? Legally once you are in a contract of sale you can't just ...
|
| Backing out of a contract | 7/28/2008 |
Q: A week ago my realtor and I looked at homes. I found one that met MOST of my criteria. I say most ...
A: Before giving you the answer to your question, I wanted to share some thoughts with you about the ...
|
| 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: I'm not familiar with your area, but here in Maryland, you can take the initial licensing class ...
|
| 10% deposit | 6/12/2008 |
Q: Recently I found a home I was interested in buying. I called the real estate agent and met up with ...
A: What you need to do is read over your contract. You may need to take it to a real estate attorney. ...
|
| Earnest Deposit Repayment | 4/9/2008 |
Q: I had a question regarding an earnest deposit. A year ago, I put a contract on a soon to be ...
A: When you say that the builder initially waived an additional deposit, did he do this in writing? ...
|
| Down Payment - Closing Costs Assistance | 4/3/2008 |
Q: I am looking to purchase my first home. I would prefer a single family but realistically am ...
A: Yes, Ameridream is legit - worked great for these buyers! They purchased a home for $339,900 with ...
|
| Down Payment - Closing Costs Assistance | 4/2/2008 |
Q: I am looking to purchase my first home. I would prefer a single family but realistically am ...
A: Yes, the mortgage lender will help you with choosing a loan program and your options. FHA is a ...
|
| Selling my home - I need a template that I can use to inform my renter | 3/30/2008 |
Q: I'm hoping that you have wording or a template (or know where I can find one) in reference to ...
A: I am not a lawyer so I cannot write legal documents myself, but there is very clear, straightforward ...
|
| Settlement concern | 3/28/2008 |
Q: I am currently buying a house in Maryland. The bank we are purchasing from is refusing to give us ...
A: I think I understand your question. Let me tell you what normally happens. Basically what happens ...
|
| crack in foundation | 3/5/2008 |
Q: "We found one house (14 yrs old) in Chesterfield, MO and we like it. We did the inspection. There ...
A: I wanted to explain why this question is out of my area of expertise. I'm a Realtor, not a home ...
|
| taking over house payments | 2/20/2008 |
Q: an offered ws thron to me last night by afriend that can no longer affored her home.what is required ...
A: Yes, you would need to get the bank involved. If her mortgage is assumable, you could take over the ...
|
| First time investing | 2/6/2008 |
Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
A: Wow, great credit score! You are also bringing in good money so you should be all set financially. ...
|
| First time investing | 2/6/2008 |
Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
A: It sounds like this could be a very good investment. I am not familiar with the area, but if your ...
|
| GOOD FAITH DEPOSIT | 1/23/2008 |
Q: Is a good faith deposit($8,000) REFUNDABLE? THE BUYER HAD THE HOUSE OFF THE MARKET FOR 3 1/2 ...
A: Financing is one of the contingencies that is included in every contract that I've ever done. I ...
|
| Rent to own | 1/11/2008 |
Q: I am considering going into a contract to rent to own, my rent will be 850.00 a month, after looking ...
A: Each of these items is something you are going to want to negotiate with your landlord/potential ...
|
| Breach of contract?! | 1/11/2008 |
Q: My question is. My fiance and I signed a contract on a home thinking we could get a Rural ...
A: You did the right thing in contacting an attorney; that is exactly what I would recommend. Real ...
|
| For Sale by Owner | 12/14/2007 |
Q: My husband and I are selling our townhome in Columbia, MD without a realtor. It's only been on the ...
A: That's fantastic that you've had so much interest already! It sounds like you are well-priced in ...
|
| home purchase | 11/4/2007 |
Q: I am buying my first home directly from the owner. We agreed on a purchase price of 700,000. Home ...
A: Please consult a real estate attorney as to the legality of this type of arrangement. I am not an ...
|
| equiity | 10/21/2007 |
Q: some of the mortgage payments. Now he is thinking of moving out of state and is demanding a share ...
A: I'm all the way across the country from you in Maryland so I'm not familiar with market conditions ...
|
| equiity | 10/12/2007 |
Q: some of the mortgage payments. Now he is thinking of moving out of state and is demanding a share ...
A: You didn't mention where you are located, but in most areas around the country, homes have actually ...
|
