| Subject | Date Asked |
|
| Selling real estate in Nevada without a permit for a granny unit | 11/20/2009 |
Q: My mother and father had 2 houses in Nevada. They have both passed away, and have left them in a ...
A: The seller who represented that the suite was permitted could run the risk of a law suite for fraud ...
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| 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: First of all, the tax credit for first-time buyers does not apply to investment properties but to ...
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| Buying rural property | 11/10/2009 |
Q: We are buying a rural home that is a 'fixer upper.' It is in need of a lot of TLC, but I am curious ...
A: There are probably some loans that would work for you better than others. I cannot say which is ...
|
| Getting out of a contract for home | 11/9/2009 |
Q: We found a home we like and have paid the earnest money, home inspection, home appraisal, credit ...
A: I am so sorry for your problems and hope that by canceling this contract you will be able to relax a ...
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| Getting out of a contract for home | 11/9/2009 |
Q: We found a home we like and have paid the earnest money, home inspection, home appraisal, credit ...
A: If your contract states that the offer is subject to financing and states the terms of the financing ...
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| closing | 11/6/2009 |
Q: Buying a home on land contract and were supposed to close on nov 2 2009 but I had to push to nov 11. ...
A: You need to read over the contract in the section that discusses the closing date. Usually, the ...
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| Bought home Personal prerty still there | 11/4/2009 |
Q: What do I do when the previous owners left half their stuff behind its been over 2 months now and ...
A: Unless something was put in writing as part of the closing contract that stated that the owners were ...
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| Lien on a House | 10/30/2009 |
Q: I am going to put my mom's house up for sale in March 2010. At this time, there is a lien on the ...
A: The lien can be a deterrent for a potential buyer since title search will show the lien on the ...
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| Compensating for a lack of a master suite | 10/27/2009 |
Q: We listed our 3/2.5 1,544 sq ft 1978 brick ranch in June. We've only had 3 showings and very little ...
A: Yes, I think that presenting the bedroom as the master with the half bath is the way to market the ...
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| Compensating for a lack of a master suite | 10/26/2009 |
Q: We listed our 3/2.5 1,544 sq ft 1978 brick ranch in June. We've only had 3 showings and very little ...
A: Unfortunately your home is functionally obsolete which is a real estate term for the home that ...
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| HOW TO MAKE MINE BETTER! | 10/14/2009 |
Q: I wanted to get your advice on selling my Townhome. I bought it brand new 8/08/08 for $150,000. It's ...
A: I would suggest that you try some other fixes that you can live with for a couple of years if ...
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| young first time buyer | 10/14/2009 |
Q: I'm currently 17 years old and I live in San Diego, CA. I have been saving up for a while and my ...
A: I suggest that you save, save, save! While you are saving establish and keep great credit. You may ...
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| New homeowner house Title | 10/13/2009 |
Q: I bought my new house owner to owner, but I have not received any documents regarding the house ...
A: How did you close on this house? Did you use a title company or an attorney? Did you get a loan? ...
|
| Earnest Deposit | 9/27/2009 |
Q: My husband and I are in the process of buying a home. We gave an Earnest Deposit of 1,000.00 Our ...
A: Eileen; when you met with the lender did you get an estimate of closing costs? Was there any cost ...
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| buying vacant "as is" house | 9/26/2009 |
Q: My husband and I just closed on a property that we plan to fix up and rent out. The property was ...
A: When a home is listed "as is" it means that it is not representing that it will get any repairs that ...
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| Contract for Deed | 9/23/2009 |
Q: We purchased a home on a contract for deed (lease purchase- not lease option) Purchase price was ...
A: Since I cannot see the contract that you signed I don't know if there is a contingency written into ...
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| Buyer Broker Agreement - Exclusive Right to Represent | 9/19/2009 |
Q: I know you will be thinking how I could not know this, but this is true. My son is trying to buy a ...
A: A couple of things come to mind. First I would talk to the second agent and explain the situation ...
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| home selling | 9/15/2009 |
Q: i have had my house on the market for 5 months now and a friend has put an offer to me personally ...
A: Unfortunately without seeing your listing contract I have no idea what it says about the time limit ...
|
| real estate termination | 9/6/2009 |
Q: My contract with a real estate agent to sell a personal residense in Texas just ended. How long ...
A: Every state has slightly different laws but I don't know of anyone who says anything about having to ...
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| Need some advice please! | 9/3/2009 |
Q: My husband and I are not sure what to do. We are first time home buyers in Nebraska and would like ...
A: There are plenty of reasons to ignore the $8,000 rebate if you can get a better deal. It sounds ...
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| My home's value | 9/2/2009 |
Q: How can I find out how much houses in my neighborhood are selling for without a realtor? Is this ...
A: You can find out your home's value either by having it appraised (probably the most accurate method) ...
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| selling with second mortgage on land/house combo | 8/28/2009 |
Q: We have a first mortgage on a house and 5 acres. We have a second mortgage on this said house with ...
A: You should contact the lenders holding the second mortgage to discuss what you want to do. since ...
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| Home Contract | 8/17/2009 |
Q: I am currently trying to buy a foreclosed (not a short sale) home and it has been fairly difficult. ...
A: I cannot give legal advice, but I doubt that you have a case against the bank unless they ...
|
| Did I get ripped of purcahsing 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: Clearly there was a low assessment based upon a property that was unimproved. I have no idea what ...
|
| breech of contract | 8/12/2009 |
Q: my sister is selling her home. she has already closed on the offer made by the buyer. the buyer was ...
A: If the contract is set up in such a way that the closing date is a 'hard and fast' date, then the ...
|
| First-Home Worries | 8/11/2009 |
Q: my husband and I just bought our first home in Florida. It was a foreclosure and got a great deal on ...
A: Florida laws are sometimes quite different than other states. Consequently the things that I know ...
|
| Q | 7/30/2009 |
Q: I never owned property before. I just have been using master card for over 15 years. I know I have ...
A: First, let me say that there are restrictions to the first time buyer program and you must complete ...
|
| Bought a double wide did i get scammed? | 7/28/2009 |
Q: yes 2 months ago a guy who lives in my neighborhood came up to me an said he was selling a double ...
A: While this is not a real estate question (real estate being property that is attached to the land) I ...
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| selling property | 7/23/2009 |
Q: The buyer wants to make a contract up to a family trust. As i am self-acting, what should i be ...
A: Even though I would think that the answer would be the same as entering into a contract with ...
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| home disclosure form | 7/21/2009 |
Q: I purchased a home in Sept. of 2008. At the time of buying the home the seller filled out the home ...
A: The homeowner may have known that there was asbestos siding but it would be difficult to prove. If ...
|
| Quit Claim Deed | 7/20/2009 |
Q: My wife and I are separating, we are both on the deed/title of our home and the same applies to the ...
A: A quit claim deed will apply to rights of ownership but does not free your wife of any or all ...
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| Buying Half A Home | 7/20/2009 |
Q: I live in CT and have interest in buying a portion (50%) of my girlfriend's house. We've been ...
A: Go to an attorney and have him/her draw up a legal document for the purchase of 1/2 interest in the ...
|
| plumbing problems after closing | 7/18/2009 |
Q: As a 1st time home buyer, we had our house inspected. the plumbing was rated fair. 3 days after ...
A: Sorry Brian; The reason you get a home inspected is to get expert advice on the condition of the ...
|
| to sell or not to sell | 7/16/2009 |
Q: We have a rent house in Humble texas, 3-3-2. We owe $8400, pay about $250/monthly on the balance, ...
A: Was that a typo or do you really only owe $8400 on the house. If so, I don't know why you are ...
|
| home purchase agreement | 7/14/2009 |
Q: I signed a home purchase agreement to sell my home but now i want to keep it for my daughter. I'm I ...
A: Once you signed the purchase agreement it became a contract and aside from some of the contingencies ...
|
| Short selling questions | 7/13/2009 |
Q: My husband and are currently living in Northern Florida where he is stationed in the military. He is ...
A: The best resource to discuss your short sale is with the bank with whom you have the loan. They ...
|
| Home search website | 7/9/2009 |
Q: I live in Middle TN and have always loved looking at homes in my area that are for sale. I use ...
A: There are a number of good websites for home searches. There is not an all-inclusive one since ...
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| selling a small professional office building | 7/6/2009 |
Q: What percentage of the selling price should I expect to pay a real estate agent for the showing and ...
A: Due to anti-trust laws we are not permitted to discuss what a normal commission would be...in ...
|
| Living on a golf course | 7/2/2009 |
Q: We are about to make an offer on a beautiful golf course home. It's on the left side, near 8th ...
A: I would advise that you check with the local Sheriff or police department and talk to them about ...
|
| Selling for commercial price | 6/25/2009 |
Q: We own a home that is sitting in the middle of property that is now commercial. It was farm land ...
A: I am frankly surprised that you have not already been contacted by a commercial broker regarding ...
|
| Real Estate agents commission | 6/24/2009 |
Q: I'm confused on how the real estate agent gets paid? We met with an agent. she has shown us some ...
A: It is most common for the real estate agent to get paid from the proceeds of the sale before the ...
|
| landlord selling property | 6/19/2009 |
Q: I'm selling my property and gave notice this would happen at lease signing 1 1/2 yrs ago. Now that ...
A: I often get questions that are about, or have something to do with the signed contract. It is ...
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| buying real estate | 6/15/2009 |
Q: My daughter is buying a house in Yonkers NY, She was handed a exclusive right to represent agreement ...
A: The exclusive right to represent simply means that the agent is not competing with any other agent ...
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| real estate closing and vacating property | 6/10/2009 |
Q: I live in SD we just listed our home, when we asked how much time (days) do we have to pack up and ...
A: Laws and practices differ from state to state, so you should carefully discuss moving procedure with ...
|
| 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: It all depends upon whether or not you can qualify for a loan for the remaining amount of money you ...
|
| real estate lawyer | 6/1/2009 |
Q: Have I got a questiong for you?!... I'm a first time home buyer and I would like to know what ...
A: If you have concerns, then by all means hire a different lawyer! Explain to your real estate agent ...
|
| va home loans | 5/28/2009 |
Q: I am a vet who will be looking for a house this summer/early fall with my wife; I have a great real ...
A: A VA benefit may have some restrictions and requirements that should be understood before beginning ...
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| First time buyer looking for a cheap starter house | 5/27/2009 |
Q: First time buyer looking for a cheap starter house. Probably not my ideal house, but something I can ...
A: There are many sites that can walk you through the preliminaries of house buying but a good agent ...
|
| First time buyer | 5/21/2009 |
Q: How easy is it to obtain a home loan for first time home buyers? What type of credit score do you ...
A: It is increasingly easier from a few months ago to obtain a loan as a first time homebuyer with all ...
|
| contract with listing agene | 5/18/2009 |
Q: Can a seller interview a prospective new listing agent while under contract with another agent? The ...
A: You have the right to interview a prospective new agent but the new agent cannot and should not ...
|
| Selling our home | 5/11/2009 |
Q: We are selling our house and were suppose to close on May 13, 2009, however, I spoke with the buyers ...
A: Since the neighbor caused the sale to fall apart (can you prove that?)you might have grounds for a ...
|
| Dealing with the credit union and my realtor | 5/7/2009 |
Q: We have a signed counter offer and are in the middle of getting the home appraised and loan approved ...
A: Obtaining a loan requires lots of information sharing that is of a highly confidential nature. The ...
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| what are the options | 5/6/2009 |
Q: I am in contract with builder to buy a house, I already provided my mortgage commitment and now I ...
A: You have a contract and it needs to be honored. I doubt that the seller would have agreed going in ...
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| Quit Claim/ Name off mortgage | 5/1/2009 |
Q: I was in a long term relationship that included buying a home together. The relationship has since ...
A: You need to discuss this with an attorney to see what can be done. There are legal obligations when ...
|
| Quick Question | 4/25/2009 |
Q: "Hello, I have lived in a home in Las Vegas, NV for 20 years, we refinanced a couple times. ...
A: You should contact your lender immediately and explain your situation. There are some new programs ...
|
| Kitchen appliances | 4/19/2009 |
Q: I am planning on selling my house in the next year. Should I update my white appliances to stainless ...
A: Be prepared to spend the money and not get your investment back. You will not be able to price the ...
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| Kitchen appliances | 4/19/2009 |
Q: I am planning on selling my house in the next year. Should I update my white appliances to stainless ...
A: I think that the answer to your question depends upon the price point of your home and the condition ...
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| contracts | 4/17/2009 |
Q: Just last week, my husband and I placed our house for sale with a realtor. Just 2 days ago, my ...
A: I suggest that you read over the contract and look for the clause that you are referring to. I have ...
|
| House or Condominium Ownership | 4/17/2009 |
Q: Is it cheaper to live in a condominium or a house? I am single and a first time buyer, and how can ...
A: The answer is not a clear one. It depends on the neighborhood. A condo has shared expenses and an ...
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| How to proceed without a realtor | 4/15/2009 |
Q: We are looking to buy our next house. I have come upon knowledge of an older couple wanting to sell ...
A: You seem to have thought of most of the important questions regarding the purchase of the home. I ...
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| asking out of an exclusive listing contract | 4/9/2009 |
Q: If after 6 months of a 12month exclusive contract the agent and its mls listing service have not ...
A: Since I don't have a copy of the contract to review and cannot give legal advice, you should first ...
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| question | 3/31/2009 |
Q: We put on offer to buy a home along with earnest money check. Our extended family member also ...
A: Karima; I assume that the family member was buying another home that was the same size and asking ...
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| Do I need a lawyer to purchase a friends home? | 3/25/2009 |
Q: Our elderly neighbor past away. Her daughter, our friend is handling the estate. We are buying our ...
A: In order to sell an estate all legal owners must agree on the sale. The only way around this is if ...
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| Waht kind of loan should I get? | 3/21/2009 |
Q: This is my situation: 1. My house is paid for. 2. I don’t want the stress of selling and buying a ...
A: since banks have become so conservative with lending, they want to make sure that you qualify for a ...
|
| COUNTER OFFER | 3/18/2009 |
Q: IM IN THE PROCESS OF BUYING A BANK OWNED HOME. I OFFERED THE BANK A LOWER PRICE THEN WHAT WAS BEING ...
A: Once an offer or counter offer is signed by both parties it is a contract. In this case the bank ...
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| misrepresentation | 3/15/2009 |
Q: Would it be considered misrepresentation if a seller list property for sale and a deal was ...
A: If a property is under contract and the Seller is unable to deliver the property there are certainly ...
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| repo pending house | 3/14/2009 |
Q: What does it mean when a house is being sold as repo pending? Is it like a foreclosure or what? I ...
A: This is not a term that we use for homes unless they are mobile homes. In that case it could be a ...
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| Property damage | 3/13/2009 |
Q: I am selling my home while it is vacant (I am in an apartment an hour and a half away from it). My ...
A: Okay...so I'm confused. You said in your first note that she is NOT helping you sell the home. If ...
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| Property damage | 3/13/2009 |
Q: I am selling my home while it is vacant (I am in an apartment an hour and a half away from it). My ...
A: Since the agent was not authorized to list or sell this home, she was (I presume) doing you a favor ...
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| Advice on selling our house | 3/5/2009 |
Q: I live in a small town in Texas and the real estate market is not too terribly bad. My uncle bought ...
A: It seems that what you should do is talk to a real estate broker in the area who could evaluate the ...
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| Return of | 3/5/2009 |
Q: We entered into a Sales Agreement to purchase a bank-owned foreclosure property back in 2007 and ...
A: I don't know why there should be a statue of limitations since you asked for the money back and have ...
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| Backing out of contract | 3/5/2009 |
Q: I signed a contract to purchase with a finance contingency that states "not to be less than $152,000 ...
A: If the contract has the limits of your monthly payment then you are not in breach of contract. ...
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| Return of | 3/4/2009 |
Q: We entered into a Sales Agreement to purchase a bank-owned foreclosure property back in 2007 and ...
A: I am hoping that your agent is working for a real estate company and not as an independent broker. ...
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| real estate license | 2/22/2009 |
Q: I have a question about getting a real estate license in Georgia. If I were to get a license to be ...
A: I am not sure what the laws are in Georgia but I can say that unless you have a Broker's license you ...
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| Unethical selling agent | 2/19/2009 |
Q: The selling agent said there was another offer on the home, so I 'strategically' offered slightly ...
A: I am sorry that you found someone who was so unethical but there are things that can and should be ...
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| How can I get my deposit back from escrow company? | 2/17/2009 |
Q: I put down $18,000 deposit for a house, the check was made to an escrow company. My lender who ...
A: Since you do not qualify for the loan any longer, (and assuming it is not because of something that ...
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| Terminating Sales Agreement | 2/13/2009 |
Q: My husband and I signed a very long sales agreement with an agent. At the time, we did not know that ...
A: Unless the agreement states that you cannot take it off the market then you can do so. As for ...
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| Should I buy this year? Or keep renting? | 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: Of course I don't have a crystal ball to know for sure; but all indications suggest that the market ...
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| no title on mobile home | 2/8/2009 |
Q: The people we bought our mobile home off of did not have the title to it. They had a conversion done ...
A: If the people didn't have the title on the mobile home find out who does have title and request that ...
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| Responsibilities of the Closing Attorney | 2/2/2009 |
Q: Is it the closing attorney's responsibility to ensure that the description in the Warranty Deed is ...
A: It is the closing attorney's responsibility to check the information on the warranty deed but it is ...
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| buying an REO home | 1/28/2009 |
Q: I have found a house that I'm really interested in. I saw this house almost 2 months ago and put an ...
A: The owner of record (the bank) is probably available on a website if you play detective or you can ...
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| buying an REO home | 1/27/2009 |
Q: I have found a house that I'm really interested in. I saw this house almost 2 months ago and put an ...
A: I am more than a little considered that there is something going on that might be unethical. Why ...
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| Septic tank Vs Public Sewer | 1/23/2009 |
Q: I am a first time home buyer looking to buy a home in Princeton, NJ. One of the concerns that we ...
A: The issue of having a septic tank is often considered a trade-off for property in areas that are ...
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| Fencing vs home value | 1/22/2009 |
Q: I live in a subdivision of 312 homes. There are 22 homes that back to major streets. Our HOA is ...
A: Unless the subdivision is defined with an entrance and/or gate, the fence provides very little value ...
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| mortgage points | 1/21/2009 |
Q: What are mortgage points? How are they used? I live in Illinois and on my tax form I see points paid ...
A: I think that the lender can best answer this question but I can tel you that points are like the ...
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| Carrying a contract | 1/6/2009 |
Q: My wife and I have terrible credit due to some bad decisions in the past. We have learned our ...
A: I am no tax expert so this question is really not one for me. However, unless you have this set up ...
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| BRAND NEW to buying a house! | 12/23/2008 |
Q: I am SO new to buying a house. Me and my wife make about 40k anually together. I had my job for 16 ...
A: Your monthly payment on a home of about $100,000 would probably be lower than the amount you stated ...
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| forcing sale of home | 11/25/2008 |
Q: My ex-fiance own a home together in Cortland,IL. We have been together for 10 years and have broken ...
A: The only thing that can be done is either one of you could buy the other one out--but if she doesn't ...
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| Buying home from mother | 11/13/2008 |
Q: I am in the state of Wisconsin and had a question about purchasing a home from my mother. I guess ...
A: Of course your mother can set any price she wants, but the lender will only give a loan for a fair ...
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| Looking into some info. | 11/7/2008 |
Q: Hey, My name is Amanda, my soon to be husband and I are looking into different options for a first ...
A: It is really great that you are considering all of this! There are quite a few options open for you ...
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| good faith deposit | 11/4/2008 |
Q: I gave a good faith deposit for a house i wanted to buy after the seller accepted our offer. The ...
A: I would suggest that you discuss your options with an attorney. Here is why...I assume that you ...
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| Bad home inspection | 10/17/2008 |
Q: I just bought a home here in Oklahoma City. Two leaks were discovered shortly after moving in behind ...
A: This is a very difficult question since I am often 'pressured' into providing names of people who ...
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| breach of contract | 10/13/2008 |
Q: i recently bought a house.the experience was an absolute disaster.but to get to the question.the ...
A: Usually, when you close on a house it means that you accept it as it is unless there are some terms ...
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| Backing out of a home buy after the contingency has expired | 10/11/2008 |
Q: I made an offer on a home in Chino Hills CA. The house is owned by a bank (Wells Fargo). The 15 day ...
A: When you signed the contract you essentially guaranteed that you would go through with the deal no ...
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| My house has been on the market eight months with no offers | 10/9/2008 |
Q: Yes, the same story all over our nation, sell my house. We have done everything right; to staging, ...
A: It sounds like you have thought of everything but unfortunately...homes aren't selling right now ...
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| Seeking Home Investors ! | 10/9/2008 |
Q: Ca. I am hoping you can help me or direct me, I am seeking Property Investors, people who are ...
A: There are some new lending laws that inhibit more than 5 investments. This will reduce the amount ...
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| Buying a house | 10/2/2008 |
Q: I am wanting to buy a house but have no idea where to start or how to go about it. I have been ...
A: This is the best and worst time to buy! Prices are low which makes it great! Loan rates are very ...
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| buy a house | 10/2/2008 |
Q: Can a person qualify for a home loan with disability income and 18,000 down on 300,000 home?
A: It depends on how much your disability income is per month. Rule of thumb...a lender wants ...
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| Purchase Agreement | 10/1/2008 |
Q: When I signed my purchase agreement I was told I had to sign a promissory note and was told that I ...
A: The purchase agreement became a binding contract once all parties signed it and therefore, the terms ...
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| USDA-RD Loan; sell? | 9/29/2008 |
Q: In 2006 I built my first home in the city. The builder has a finance person who obtained my loan ...
A: It is always difficult to speak in general terms to a question of your sort. I don't know any of ...
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| 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: The mortgage market is very tight right now and I suggest the first thing you do is to find out if ...
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| land contract- sewer question | 9/22/2008 |
Q: i am buying a house land contract in sandusky, co. fremont, ohio. the city is putting in rural ...
A: It depends on what the contract states as to whose responsibility it is to pay for the sewer hook up ...
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| Bad Agents | 9/22/2008 |
Q: We are building a house through Southern Homes. The agent that assisted us with finding this place ...
A: I am sorry that you are dissatisfied with your agent and the job your agent has done for you. I ...
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| help me to avoid foreclosure | 9/20/2008 |
Q: I have a question for you regarding negotiating my 2nd mortgage with Bank of America. I have a house ...
A: This is a very difficult matter. The mortgage companies are changing their policies on almost a ...
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| should I short-sell my upside down house? | 9/19/2008 |
Q: My husband and I live outside of Mesa, AZ. We bought our home for 216,000 in 2005. It is now only ...
A: You are welcome Samantha; I am not sure about this advice anymore. However, with the financial ...
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| transfer of my share in a property to my ex partner | 9/18/2008 |
Q: Me and my ex boyfriend took out a mortgage on a property 2 years ago on the basis of 70% to him 30% ...
A: Your ex boyfriend should buy out your share in the amount of the 30 of the home's total value today. ...
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| should I short-sell my upside down house? | 9/18/2008 |
Q: My husband and I live outside of Mesa, AZ. We bought our home for 216,000 in 2005. It is now only ...
A: You are assuming that real estate will continue to stay flat. I can't see into the future but I do ...
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| fixer uppers | 9/16/2008 |
Q: So, my family & I are going into the real estate business. More specifically, buying fixer-uppers ...
A: It is to your benefit to get your broker's license since you will be able to network with other ...
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| PURCHASED HOME WITH ILLEGAL ADDITION | 9/16/2008 |
Q: Ms Bryan, I purchased my home 121407,and moved in 031008. Due to roof leaking,and many other issues ...
A: I don't know what the circumstances of your purchase were. Was this a listed home using a real ...
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| selling a home | 9/14/2008 |
Q: I am trying to choose a new realtor for a home we have for sale. Do I want a buyer or seller agent? ...
A: When an agent is representing you they become a Seller's agent. If the agent works as both then all ...
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| selling house at auction | 9/7/2008 |
Q: what will a $200,000.00 bring at auction
A: There is no telling what it will bring. Much depends upon the desirability of the home, the ...
|
| sell or buy out my roommate? | 9/2/2008 |
Q: Approximately 2 years ago me and my buddy bought a house together. Both of our names are on the ...
A: You are absolutely correct in your thinking. The only thing that I can add to this is that there ...
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| claiming deposit | 9/2/2008 |
Q: In January 2008 my realtor received a $2000.00 deposit on a house i was selling ,the buyer ...
A: I requested that my name be taken off of the rating system simply because I found that I preferred ...
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| claiming deposit | 8/30/2008 |
Q: In January 2008 my realtor received a $2000.00 deposit on a house i was selling ,the buyer ...
A: I don't want to play 'attorney' so I really think that the best thing for you to do is to consult a ...
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| writing unsolicited offer letters | 8/29/2008 |
Q: I have identified the condo complex where I would like to buy a unit. There are 25 units and none ...
A: I have used letters like that in my business on a few occasions, but they are written as a real ...
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| seller's remorse | 8/18/2008 |
Q: I went into escrow on a house in CA 6 days ago and was told today that the seller has changed his ...
A: First, I would want to know if the seller decided to stay in the home or decided not to sell to you ...
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| my buyer wants out | 8/16/2008 |
Q: ok my problem is that im selling a home and all the paperwork was signed the escrow was closed and ...
A: If everything was signed I can't imagine how the deal didn't close! However, it sounds like the ...
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| buying a second house | 8/11/2008 |
Q: My uncle is selling his house in clearwater, fl. Zillow.com estimated it for $176, 000.00. I ...
A: I suggest that you talk to a lender to see what the difference in monthly payments will be and if ...
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| Selling my home | 8/7/2008 |
Q: My house has been listed for one year with no success of selling. There have been many foreclosures ...
A: Your listing contract will govern how you can sell your home. It usually has a stipulation that if ...
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| First time home buyer | 7/21/2008 |
Q: I am looking to buy a home in Texas for about 150-165k and have only got about 15k saved up. I got ...
A: It seems to me that some of these questions can be answered by your mortgage broker. If you want to ...
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| Choosing Realtors? | 7/20/2008 |
Q: We'd like to learn how to invest in investment property, condos, SFH. First we'd like to buy our ...
A: Are you thinking of having the three Realtors looking for properties in the same area? If so, I ...
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| who's liable | 7/19/2008 |
Q: i just purchased my first home and upon receipt i was very unhappy with the condition of the ...
A: Not knowing what the Seller's disclosure form looks like in your area, I am not sure if there was a ...
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| listing | 7/15/2008 |
Q: I listed with a realtor less than a week ago and found that he has given me inaccurate info. He ...
A: You should call the managing broker to discuss your feelings. The manager needs to give permission ...
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| about listing related expenses | 7/15/2008 |
Q: I found the following provision in my listing agreement. If seller renders the property ...
A: I don't know what your contract says since all contracts are not alike. However, most listing ...
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| homes | 7/11/2008 |
Q: My question is about selling or keeping a house , I live in Columbus ,Ohio and we bought a house 2 ...
A: Unless you purchased the home at below market value and suddenly values have risen, I would say that ...
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| quitclaim deed | 7/8/2008 |
Q: my parents help me get my house, my credit is really bad. the loan is in their name but i am making ...
A: The quitclaim is to relinquish rights to title but as for the responsibility to pay the loan, your ...
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| Becoming a Realtor | 7/1/2008 |
Q: I've been thinking about carrying on a second career in real estate for some extra cash, and ...
A: The real estate profession has long been thought of as a nice little job for people who want to pick ...
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| selling my home | 6/25/2008 |
Q: I bought my home in suburb of Cleveland, OH 9 years ago. Now I am looking to sell, & tried to do it ...
A: The advantage is the reduced fee; and if you are in an area where homes sell quickly this works ...
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| 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: You are welcome! The reason there is no place for feedback is because I requested that there not ...
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| selling my home | 6/23/2008 |
Q: I bought my home in suburb of Cleveland, OH 9 years ago. Now I am looking to sell, & tried to do it ...
A: I am sorry that your experience has not been positive. Most REALTORS I know are highly professional ...
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| mineral rights | 6/16/2008 |
Q: Would you know where I need to go search to see who owns the mineral rights to our property? It has ...
A: You can go to the county courthouse and speak to the registrar or county recorder. Have them pull ...
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| upgrades for first time home buyer | 6/9/2008 |
Q: We are 1st time home buyers,we are going to meet the builder this tuesday 6/10/08 and I would like ...
A: Increasing the value of your home by adding permanent features that are not cosmetic is always a ...
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| Who is responsible | 6/7/2008 |
Q: ...we found a house on LI NY, and the offer was accepted....yesterday we had the house ...
A: I am hoping that you are being represented by an agent in this transaction and that you have a ...
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| Best to buy a new or older home? | 6/6/2008 |
Q: My brother and I both plan to buy homes in the Las Vegas area next spring (I am also considering the ...
A: First, I want to applaud you for thinking this through so carefully. You brought up so many good ...
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| Selling without an agent | 6/4/2008 |
Q: I hope you will be patient with me as I need to give you background information. I'm an American ...
A: I will advise you as I do many of my clients who are considering making changes to their homes ...
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| Can Mom back out of "contract" | 6/2/2008 |
Q: My mom has a house in Missouri that she put on the market 2 weeks ago with a realtor (she signed a ...
A: Certainly your mother can back out of selling her home but may end up owing something to the listing ...
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| made an offer | 5/31/2008 |
Q: I made an offer on the same day the house was listed to the market with the exact list price. the ...
A: I am not at all sure what happened but can guess that they got a better offer. It seems like the ...
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| Home Purchase | 5/30/2008 |
Q: we're in the process of looking into having our dream home built in San Antonio. At first we was ...
A: There are many opinions flying around about the market and whether or not this is a good or bad time ...
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| Home sale | 5/24/2008 |
Q: Jessica, Thanks for taking my question. My wife and her brother inherited their parents home (both ...
A: If the market area in which this home is located is not a depressed market area, I see no reason to ...
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| co signing | 5/21/2008 |
Q: i barely started my credit and my boyfriend has no credit, but he earns pretty good money 23.00$ an ...
A: It seems like you should be able to get into the apartment without a co-signer but if you need one, ...
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| Breaking a new home contract | 5/6/2008 |
Q: We're newlyweds and signed a contract with a builder for a townhouse in June 2007. We were to take ...
A: Was there a delivery date in the contract with some wording saying that if it doesn't close by a ...
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| Buying a first time home | 5/4/2008 |
Q: I live in Florida and am 37 years old. I make $17.00 an hour and have a fiance that makes $14.00 an ...
A: The rule of thumb is that you should make house payments (principal and interest) of no more than 25 ...
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| Seller's Agent | 5/2/2008 |
Q: Is there something in real estate law that says a seller's agent has to present any offer to the ...
A: Our rules and regulations require that we present all offers as soon as they are made. However, if ...
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| Construction loan question | 4/25/2008 |
Q: I recently purchased vacant land with a construction loan to build a home. Because of the fact that ...
A: You do not actually own the land until you have paid off the loan. Therefore, the bank will have ...
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| Competing against short sales | 4/22/2008 |
Q: We are attempting to sell our home in a relatively new neighborhood (3 years old) where many of our ...
A: I "feel" your frustration. Unfortunately, it is a Buyer's market right now and the truth is, buyers ...
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| Buying and selling | 4/17/2008 |
Q: My friend and I were watching one of those home renovation shows and they were talking about how ...
A: Do you really expect me to condone such dishonest behavior?! I know that there are plenty of ...
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| cancel agreement to sell | 4/12/2008 |
Q: I live in Michigan. this morning I signed an offer to purchase real estate.(I am the seller) I ...
A: It depends upon what the contract states. If the offer to purchase was based upon the Buyers ...
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| improvements to make before listing home... | 4/11/2008 |
Q: We're going to be putting our house on the market this spring and I would really appreciate some ...
A: Regardless of how your market may be, it is always a good idea to be competitive with the best ...
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| under contract | 4/7/2008 |
Q: if we have signed a contract on a home and it is under contract can another agent still show the ...
A: Other agents are still able to show the home if the seller authorizes this as a way of getting back ...
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| Selling/ Buying a home | 4/1/2008 |
Q: , I'm looking for basic advice for a basic situation - I only moved once before in my life, about 13 ...
A: It really doesn't matter if the agent works for a large company. It is far more important to find ...
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| Selling/ Buying a home | 3/31/2008 |
Q: , I'm looking for basic advice for a basic situation - I only moved once before in my life, about 13 ...
A: Even though there are many people who use the for sale by owner services and/or sell completely on ...
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| fla. property | 3/28/2008 |
Q: port richey area is a possible-our interest is perked up because values in fla.in some locales seem ...
A: The "roadmap" would be a process by which you educate yourselves in the real estate market in that ...
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| seller refuses to acknowledge offer | 3/27/2008 |
Q: i wasn't able to close by the closing date because the seller waited until the last minute to do the ...
A: The Seller does not have to acknowledge your offer. Clearly, if it has been several weeks the seller ...
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| contract | 3/2/2008 |
Q: My husband signed a contract with the intent to buy a house and gave the real estate agent $1,000 in ...
A: Even with the underwriters approval, they still will want to know if there is a change in job ...
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| contract | 3/2/2008 |
Q: My husband signed a contract with the intent to buy a house and gave the real estate agent $1,000 in ...
A: since you already brought up the loan situation I don't have to point this out to you. Of course, ...
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| BANK OWNED REPAIR ALLOWANCE | 2/29/2008 |
Q: SELLER(BANK)$5,000 TOWARDS REPAIR. HOW DOES THAT WORK? DO I SUBMIT BIDS? IF SO, WHEN? DO THEY HAND ...
A: FHA has some strict rules and guidelines for loans. There are certain things that are allowed to be ...
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| BANK OWNED REPAIR ALLOWANCE | 2/29/2008 |
Q: SELLER(BANK)$5,000 TOWARDS REPAIR. HOW DOES THAT WORK? DO I SUBMIT BIDS? IF SO, WHEN? DO THEY HAND ...
A: Ask them what they prefer. Usually, you just bring the repair bills to closing as proof that the ...
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| reassigning a condo | 2/28/2008 |
Q: I signed for pre-construction condo in Florida (and paid 8% deposit) over 2 years ago and it has now ...
A: Your earnest money is the amount you gave as a deposit to hold the home for you. There should be ...
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| reassigning a condo | 2/27/2008 |
Q: I signed for pre-construction condo in Florida (and paid 8% deposit) over 2 years ago and it has now ...
A: I have two questions about the deal. First; have the prices gone up since you bought? Second; is ...
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| buying a home | 2/25/2008 |
Q: My son has been living with me now for the past 6 years because that's when I became disabled. He ...
A: Since the home is still in your name I doubt that it will make much of an impact on the ...
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| buying a home | 2/25/2008 |
Q: My son has been living with me now for the past 6 years because that's when I became disabled. He ...
A: If he is paying your mortgage and signing your name to the check then how is he is the one paying? ...
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| foreclosure clean up business | 2/23/2008 |
Q: Maybe you can send us in the right direction. My son and I would like to start a business cleaning ...
A: I suggest you contact a real estate agent and ask this person if he or she knows who is listing ...
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| closing | 2/21/2008 |
Q: My husband and I are first time home buyers. We have a signed agreement with a closing date of next ...
A: I would think that the Seller's agent would be concerned too. After all, if you decide that this is ...
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| new home problems with builder | 2/19/2008 |
Q: We closed on our house 4wks ago and the following day the heating system was not working properly ...
A: I hope that you have a real estate agent who assisted you with the sale since it is always easier to ...
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| Buying from relatives | 2/12/2008 |
Q: my mom owns a house in Polk county FL. for four years, we never lived in it. Unfortunately it's in ...
A: If your mother gives the home to you as a gift, she will still be responsible to pay off the ...
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| 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: If you are handy and can do some of the work yourself this sounds like it might be a good deal for ...
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| first time home buyer | 2/6/2008 |
Q: we found a house we would like to purchase. our real estate broker asked us for the good faith ...
A: I think that your agent will most likely want to follow up with the sale and claim procuring cause. ...
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| first time home buyer | 2/6/2008 |
Q: we found a house we would like to purchase. our real estate broker asked us for the good faith ...
A: Your broker showed you the home and in so doing became the procuring cause for the sale and is ...
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| Loan Question | 2/6/2008 |
Q: how are you? My name is Paul. I just have a really quick question regarding a loan my wife and I ...
A: I am sorry to say this: you need to stay put until you buy the house. With lenders being so much ...
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| Disclosing Purchase Price | 1/24/2008 |
Q: I just purchase short sale house less than market price. (About to closing escrow soon) Agent ask me ...
A: Disclosing the price before the home closes is not a good idea if there are other homes in the ...
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| purchasing from family | 1/20/2008 |
Q: My mother recently died and her house was in mine and my two brothers name. A realtor recently said ...
A: You may purchase the home from your brothers by agreeing on a price and then going to an attorney to ...
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| Urgent question about buying largest house in subdivision. | 1/19/2008 |
Q: Most houses in my subdivision are between 115,000 to 170,000. In the back of this subdivision are ...
A: So much depends upon the house, the history of the neighborhood and current conditions. How long ...
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| first time buyer | 1/14/2008 |
Q: First I am putting together a down payment for a house over the next two years I will have it all ...
A: I first am going to assume that Canada is the same as the United States when it comes to the lending ...
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| selling house with "custom" modifications | 1/12/2008 |
Q: I have made a modification that I am not sure meets code. Does the home inspection done as part of ...
A: A home inspection should bring up an item that is not meeting code, but it doesn't always happen. If ...
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| Backing out of a real estate deal | 1/8/2008 |
Q: We sold our home and have rented and apartment in the mean time, and while waiting to her about a ...
A: ear Kim; It depends how the contract reads. If the contract is a standard one, there is no way, ...
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| The value of a fireplace | 1/5/2008 |
Q: I live in a townhouse in Greenwich Connecticut. Currently in my living room, I have an unvented, ...
A: This does make a difference! I would suggest taking it out and seeing if there is something you can ...
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| The value of a fireplace | 1/5/2008 |
Q: I live in a townhouse in Greenwich Connecticut. Currently in my living room, I have an unvented, ...
A: If it were Hawaii I would say--no problem but considering the winters in Connecticut I think that a ...
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| Home buyout agreement | 1/3/2008 |
Q: My boyfriend is wants to buyout the equity in the house he is living in. His brother, the owner, ...
A: Tell your boyfriend to have the attorney draw up an agreement changing title and with the specified ...
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| privacy and public records | 12/29/2007 |
Q: Is there a way to put an alternate name to my own on the public record? I would like to keep my ...
A: It would be a matter to discuss with the closing attorney. Since you have to prove that you are who ...
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| real estate transaction | 12/29/2007 |
Q: What time of the day is a real estate transaction deemed completed? Is it the time when signed; the ...
A: It depends upon the transaction: a contract is complete when both parties sign. This means that the ...
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| Realtor failed to advise seller of valid offer... | 12/27/2007 |
Q: Our house was up for sale/rent in Jan 2007; it was priced below market value for a quick sale. ...
A: It is very difficult to prove that your REALTOR did not discuss the offer with you since you did ...
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| Buying privately after listing has expired | 12/19/2007 |
Q: We looked at a house a couple of weeks ago that was listed with a realtor. We drove past it recently ...
A: The listing agreements usually include a clause that states something about the agent getting a ...
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| 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: It sounds like you have things covered. However, there are many things that can happen during the ...
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| Need ask about earnest money! | 12/2/2007 |
Q: My wife and I went to shop the new house and chose the Plantation Homes Builder just one week ago. ...
A: You need to read your contract with the builder. Chances are, there is a provision or contingency ...
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| Selling land | 11/30/2007 |
Q: My family owns a small tract of land (1.5 ac) in Texas near Dallas. This land has frontage to a ...
A: It all depends on the market in your area as to how long it will take to sell the property. My ...
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| Cancelled Home Agreement | 11/22/2007 |
Q: My Grandparents have sold their home and it is a month and a half before the closing date. Because ...
A: The sales contract should be carefully reviewed. If the sale was subject to loan approval (assuming ...
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| Realtor Commission on Sale | 11/20/2007 |
Q: I have a property for sale at $1.1 million. I have a listing agreement with a Realtor for 6%..3 to ...
A: While you are only receiving $200,000 in cash the property also has value and can be (presumably) ...
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| financing the sale of my home | 11/13/2007 |
Q: We are having some trouble selling our condo due to the inability of buyers to get approved. We ...
A: Usually loans are not assumable; but your lender would know if yours is. You can contact the people ...
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| selling home | 11/10/2007 |
Q: I listed my home in May. We have had well over 40 buyers comes through, but not one offer. My home ...
A: I know that the market is slow in many areas, but with that many people through and no offers I ...
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| Buying a 3 bed room house in a 4 bedroom dominating community | 11/6/2007 |
Q: I am planning to buy a 3 bedroom house in one of the city's most prestigious areas. In the ...
A: I agree that there should be a cause for concern when buying in a community of larger homes. The ...
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| 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: The biggest problem I see with that is the appraisal. If the home is valued at $700,000 and you are ...
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| SELLING A JOINTLY HELD PROPERTY | 11/3/2007 |
Q: Myself and a partner jointly own a beach house in SC. We are no longer friends and he has decided ...
A: You and your friend must both sign off on the house in order to sell it. Without your signature, ...
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| What to do when I want to relocate? | 10/26/2007 |
Q: I am thinking of relocating out of CA in late 2008 to early 2009. What are my options for the ...
A: Of course you have several options but if you co-owned the property with your aunt you do not want ...
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| Buying parents house | 10/25/2007 |
Q: My father is developing Alzheimer's, and although he has insurance to cover a nursing home stay, I ...
A: First of all, it is important to know the value of the home and to have it inspected to determine ...
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| property suite. | 10/25/2007 |
Q: I made an offer on the house. the house was foreclosed and owned by the bank. They gave me counter ...
A: Under normal circumstances, an agreement becomes a binding contract once the acceptance is ...
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| Condo Disrepair | 10/17/2007 |
Q: Nearly 3 years ago, I purchased a just built condo unit from a law firm. I was the first resident ...
A: My suggestion is to go to an attorney to discuss your problem and see what he/she suggests. You are ...
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| How to make an unsolicited offer to purchase a property | 10/9/2007 |
Q: I would like to purchase a property that is adjacent to my home. I live in WA state. I have ...
A: Having the assessed value of the property is not enough to make a reasonable offer. In various areas ...
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| lien on my title of my house | 10/3/2007 |
Q: is there a way to get a lien that is over 30yrs old off my title. i have the name of who put it on ...
A: I am not sure what the statute of limitations is on a lien, but you will most likely need to talk to ...
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| Not buying a house... | 10/2/2007 |
Q: How do I tell my real estate agent that I no longer want to buy a home? I've done some number ...
A: I sense that you feel uncomfortable with taking up too much of her time. You need to explain it to ...
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| Cancel a listing agreement | 9/27/2007 |
Q: I appreciate any assistance... My house has been listed for the past 4 months under a 6 month ...
A: You should write a letter and send it registered mail to the Managing Broker of the real estate ...
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| preforeclosure | 9/26/2007 |
Q: How can I find out how much the owner owned to the bank for the house. I am talking about ...
A: You can check with the county registrar of deeds. They will have all mortgage information. It will ...
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| Illegal Extension | 9/24/2007 |
Q: We just found out today that the house we are trying to buy (no offer has been submitted yet) has an ...
A: Most states are now using "Agency disclosures" and "agency contracts." These are an agreement ...
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| Illegal Extension | 9/18/2007 |
Q: We just found out today that the house we are trying to buy (no offer has been submitted yet) has an ...
A: The city permits additions and if one was done without a permit and/or if the room encroaches on ...
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| Townhouse under construction | 9/17/2007 |
Q: I signed a new home purchase agreement in March 2007 for a townhouse being built in a new ...
A: Based upon the fact that the prices have dropped on the townhomes, and the delay in completion you ...
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| Selling House after listing expired. | 9/11/2007 |
Q: My listing recently expired with my real estate broker to sell my house. Meanwhile I just had a ...
A: Since the listing has already expired, you will need to read the 'fine print' to see how long the ...
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| Terminating a Buyer Representation Contract | 9/8/2007 |
Q: About a month ago my husband I started searching for our first home. We signed a buyer ...
A: Of course you should terminate your relationship with this agent. You should be able to feel ...
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| cancel a contract | 9/5/2007 |
Q: When a person signs a residential exclusive marketing agreement, how many days does one have to ...
A: The contract is active once it is signed and unless there is a stipulation in the agreement stating ...
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| difference in value | 9/2/2007 |
Q: is the value of a marginal home(the house that are already built and brought in truck and stuck ...
A: I believe you mean 'modular' home. A modular can actually be a better built home than one that is ...
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| Getting out of home sale contract | 8/30/2007 |
Q: We recently found our dream home in our price range. It is listed through a real estate company but ...
A: It really depends upon the contingencies that are in the contract. If it is dependent upon a loan ...
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| realtor commission | 8/29/2007 |
Q: My husband and I are selling our condo to our upstairs neighbor who has wanted to purchase our condo ...
A: You did not ask for agent representation and did not agree to paying a 'Buyers Agent' as part of the ...
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| Interest only mortage purchase | 8/27/2007 |
Q: I am trying to buy a house for 300K. I have no money for a downpayment. I currently have the option ...
A: An 80/20 loan means that you get a loan for 80 percent of the value of the home and you put down 20 ...
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| Multiple offers for our home | 8/26/2007 |
Q: We are selling our home by ourselves. We have two parties who say they will be making offers this ...
A: It is always a little risky with multiple offers. I suggest that you advise both parties that there ...
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| Making Offer - Buyer's Mkt | 8/24/2007 |
Q: We have looked and shortlisted some single family homes we like and are ready to make an offer. As ...
A: Desr Ricky; Making a low offer may offend the sellers to the extent that they won't give a counter ...
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| Exclusive Right to Represent Buyer agreement | 8/17/2007 |
Q: Upon deciding to submit a contract on a house, I signed paperwork with my agent. My first issue is ...
A: You are contractually obligated to that brokerage but can complain that you were not informed of the ...
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| Insurance Required? | 8/16/2007 |
Q: Is home owners insurance required at the time of the sale? Dose the lender have to make sure the ...
A: Homeowner's Insurance is usually required by the lender since they want to be sure that in the event ...
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| upgrades - New Construction | 8/14/2007 |
Q: Jessica - Going through the upgrade process in a new construction/development in Arizona. My ...
A: Yes, it is a good idea to be prepared when having any discussion with the builder. I am sorry to ...
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| upgrades - New Construction | 8/14/2007 |
Q: Jessica - Going through the upgrade process in a new construction/development in Arizona. My ...
A: If the items haven't been installed then the builder should probably be able to provide the upgrade ...
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| how to be realtor | 8/14/2007 |
Q: what should i do to be a realtor can you give me step by step or walk me through to be a realtor lic ...
A: Contact one of the large companies and ask them if they have a school. You will need to take ...
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| Selling a home - first time | 8/10/2007 |
Q: we live in MI. Realtor prepared a sellers net sheet for us and I have never heard of the seller ...
A: I am not sure of the costs and taxes in individual states, but I can say that there should be no ...
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| Buying Home without buyers agent.. | 8/10/2007 |
Q: I'm thinking of buying a home that I found listed at an online Realty website.I've contacted the ...
A: It is illegal for an agent to pay a commission to a non-licensed person. So, you will not be getting ...
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| realtor contract | 8/10/2007 |
Q: My husband and I are selling our home with a realtor. The realtor had me sign the contract 3 months ...
A: Our attorneys tell us that all people who are listed on title and to whom the deed is registered are ...
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| Financing | 8/9/2007 |
Q: How can i roll some bills into my home loan ANSWER: I assume you want to figure out how to pay off ...
A: When buying a home the appraisal is for amount that the home is worth. The lender then agrees to ...
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| Financing | 8/8/2007 |
Q: How can i roll some bills into my home loan
A: I assume you want to figure out how to pay off some of your other bills using a home loan. If you ...
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| am i legally bound? | 8/7/2007 |
Q: I am a single mom of two boys for the past 7 years i have been dating but not residing with the same ...
A: I think that you have every right to want to protect the boys as well as yourself in this type of ...
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| when to use lawyer | 8/1/2007 |
Q: Bryan I am in Texas but I hope you can help me. I purchased a house and shortly after received a ...
A: I would first go back to the HOA and ask if a non-compliance notice was sent to the previous owner ...
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| rent to purchase | 7/26/2007 |
Q: We are currently under contract with a realtor until 9/15/07. At an open house, our realtor met a ...
A: You can check with an attorney to be absolutely sure (since your contract may or may not be binding. ...
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| real estate titles | 7/26/2007 |
Q: I have a question about various jobs within real estate. I've looked on websites of large real ...
A: It is difficult to speak for all companies. Everyone has different requirements and job ...
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| House | 7/20/2007 |
Q: My father recently died. My mother no longer wants to keep the house. My brother may be interested ...
A: Get the home appraised by a real estate appraiser. Then have it inspected to make sure that there ...
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| BeachFront Condos in Dorado Puerto Rci | 7/20/2007 |
Q: I have a trio of dear lifelong friends (brothers) who retired early and sought out to fulfill their ...
A: Send them my comments and then offer to help them by looking at the new photos and giving your ...
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| assumption loan while under realtor contract | 7/20/2007 |
Q: My husband and I want to buy a friend's house and want to do an assumption loan with them. They do ...
A: It is okay to rent first and then assume the loan later. As for ethics...well, if it means that you ...
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| assumption loan while under realtor contract | 7/20/2007 |
Q: My husband and I want to buy a friend's house and want to do an assumption loan with them. They do ...
A: As long as the home is changing hands and a new deed is issued the home is considered sold. The law ...
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| BeachFront Condos in Dorado Puerto Rci | 7/20/2007 |
Q: I have a trio of dear lifelong friends (brothers) who retired early and sought out to fulfill their ...
A: Two things struck me as I looked at the website: the first thing was there was no price and the ...
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| First time home buyer questions | 7/19/2007 |
Q: I am a fairly low income individual with my Monthly income ranging from $1100-$1400 Hundred. I ...
A: When you buy a house the first thing to do is to visit with a mortgage lender who will discuss the ...
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| relator contract | 7/16/2007 |
Q: I have signed a listing contract with a relator and am not satisfied. This is for 180 days. If I ...
A: I am assuming that you are not satisfied with the level of service you are receiving from the ...
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| what can i afford? | 7/9/2007 |
Q: what is the basic formula for how much of a house you can afford? i've heard evrything from ...
A: A good mortgage broker or lender can help clear most of this up for you. However, I can give you ...
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| Do we need a realtor? | 7/6/2007 |
Q: My family and I are currently living in a house here in Denver CO, that we plan on purchasing in ...
A: I know that I already answered this question but it is showing up as unanswered. Perhaps it is ...
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| question | 7/5/2007 |
Q: .. quick question... Is it possible to buy or lease apartment building in San Francisco,ca and ...
A: This means that ownership of this property is with owners who may not be married or even related. ...
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| question | 7/3/2007 |
Q: .. quick question... Is it possible to buy or lease apartment building in San Francisco,ca and ...
A: Of course it is okay to lease a building but to convert it to a hotel and do any changes is up to ...
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| question | 7/3/2007 |
Q: .. quick question... Is it possible to buy or lease apartment building in San Francisco,ca and ...
A: It depends on the zoning restrictions. You will have to check with the city on the exact address and ...
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| Tax Sale in the State of MD | 7/2/2007 |
Q: Can a home that was sold in a tax sale last month in the state of MD be sold by the person(s) who ...
A: If the home was sold and changed hands and is now owned by someone else there is no legal right by ...
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| Recently Purchased home | 6/30/2007 |
Q: My husband and I recently purchased an existing home in May 2007. However, I am not 100% happy with ...
A: Your husband is right. By the time you pay closing costs, transfer fees, recording fees, attorney ...
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| hose selling | 6/25/2007 |
Q: please help i am trying to sell my villa in Florida and am running out of time, do you have any ...
A: I suggest that you list the home with a very experienced broker who knows and understands the market ...
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| Buying a home | 6/25/2007 |
Q: How do I own a million dollar home? I mean consider a fixed of 30 years or higher fixed rate, what ...
A: I am not an expert on career choices and salaries. Perhaps a career counselor can advise you better ...
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| Buying a home | 6/24/2007 |
Q: How do I own a million dollar home? I mean consider a fixed of 30 years or higher fixed rate, what ...
A: sorry Henry, but $50,000 a year will only qualify you for about one tenth of the home! You would ...
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| Buying a home | 6/22/2007 |
Q: How do I own a million dollar home? I mean consider a fixed of 30 years or higher fixed rate, what ...
A: A million dollar home would require a loan for $800,000 using the standard loan programs that ...
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| The work of an agent | 6/21/2007 |
Q: Jessica, I am a writer developing the character of a successful but workaholic real estate agent ...
A: A successful real estate agent not only shows homes, lists homes and works with clients but can very ...
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| First Time Homebuyer's advice needed | 6/4/2007 |
Q: Recently married, my wife and I are currently renting a nice house from my family for fairly cheap ...
A: I applaud you for your insightful question. It is good to know that you are planning ahead. Based ...
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| Buying a house from Parents | 6/3/2007 |
Q: My parents have retired out of state and would like to sell their house to my wife and I. The house ...
A: The only problem that this would create is for the rest of the neighborhood and comps in the ...
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| Bought Condo already with covered up leaks | 6/2/2007 |
Q: I recently bought a town house condo. I had a full inspection done in which the inspector gave a ...
A: I am very sorry to read about your problems. Once you close on a house it is very difficult to take ...
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| Earnest Money | 5/18/2007 |
Q: I met with my agent yesterday on a home I was wanting to purchase. We signed the contract agreement ...
A: You didn't say if the Sellers agreed and signed the contract. If they did then you are under ...
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| need some money | 5/15/2007 |
Q:
A: I do not recommend investing in real estate if you do not know the market/or what you are doing. ...
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| home buying | 5/7/2007 |
Q: We are looking for our first home to buy. We have been looking without a realtor so far. We like a ...
A: It is best to have a Buyer's agent representing your best interests when buying your first house. ...
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| How do you become a realtor? | 5/6/2007 |
Q: I was interested in changing professions and becoming a realtor. Could you let me know some ...
A: Quite simply, taking the course and getting your license is the fast answer and probably not a bad ...
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| Selling my home... | 5/4/2007 |
Q: I have a home for sale right now in Central Florida. A terrible place to be selling a home right ...
A: I know that it is hard to believe that you haven't had a single call yet. However, it is not only ...
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| Real Estate Investments | 4/30/2007 |
Q: My business partner and I are new investors. What areas would you reccomend we start in in Detroit? ...
A: You haven't given me enough information on what type of investments you are interested in. Are you ...
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| selling home | 4/29/2007 |
Q: I would like to sell my home which I still have a mortgage on. Do I need a real estate agency like ...
A: It is not essential that you use a real estate agency to sell your home but highly recommended. A ...
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| refund our deposits fom builder | 4/24/2007 |
Q: we signed a contract to purchase a townhouse in Florida.We signed contract on 02/04/05 to be ...
A: Could you try to call one of the television news stations that have consumer advocates? Often, ...
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| selling home | 4/23/2007 |
Q: Can you tell me what I need to know if I want to sell my house on my own, how to go about it, and ...
A: Selling your home yourself does not necessarily save you money and can be extremely time-consuming. ...
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| Re: Mortgage | 4/22/2007 |
Q: When I am giving a loan for a house such as a $300,000 loan. Usually when do you pay them back. ...
A: When obtaining a loan from a lending institution you will be required to make monthly payments on ...
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| Should I find a lawyer? Questions about selling to my boyfriend | 4/15/2007 |
Q: Almost two years ago (it will be two years in August, 07) my boyfriend and I bought a house ...
A: You will need to find an attorney to change the title. You will also need to have your ex-boyfriend ...
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| fixer upper or already done? | 4/14/2007 |
Q: I am trying to be frugal. I am a single woman on a small income. I found a home that has been ...
A: It is better to buy a home that is structurally sound and maybe needs some cosmetic work than to get ...
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| buying from relative | 4/11/2007 |
Q: A relative of my has left the state and wants to get rid of her property here. She'd stated she ...
A: Gifting to a relative is a tax issue and your relative should discuss this with her accountant. ...
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| lawyer or no lawyer | 4/4/2007 |
Q: I am a first time homebuyer about to make an offer on a house. If the offer gets accected and this ...
A: I know that closings are different in certain areas. If you live in a part of the US that has ...
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| Trading Up and Timing a Sale? | 4/3/2007 |
Q: a place we had built in 1994. We are considering trading up to a little nicer home next summer and ...
A: When considering a move into a new home you should always plan for the possibility that you won't be ...
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| Can I fire my real estate agent? | 3/28/2007 |
Q: We signed a contract with an agent in Feb. but we have not been satisfied with his performance. The ...
A: First I would suggest that you discuss your dissatisfaction with your agent and let him know that ...
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| Change realtors? | 3/26/2007 |
Q: We have a question about switching realtors. We have a team of three realtors, one Hispanic, which ...
A: It seems like your REALTORS are not doing that much for you. If I were you I would begin ...
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| contigent contract | 3/22/2007 |
Q: We signed a contingent contract to buy someone's home, contingent on us selling our home. Contract ...
A: I cannot ethically tell you to cause a delayed closing to void your contract. Since this would mean ...
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| First time selling a house | 3/19/2007 |
Q: We purchased our first home last year, but now need to sell it due to a military transfer. Since ...
A: The process of selling a house can be a little stressful so it is important to work with an agent ...
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| Something smells fishy... | 3/15/2007 |
Q: We recently went to see a home that is for sell. It has been on the market for about 4 weeks. We ...
A: You are absolutely right to be suspicious of unethical activity! If this agent is trying to keep the ...
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| Condo | 3/13/2007 |
Q: ), I`m interested in buying a condo in my home town of Kettering Ohio. I heard on the radio (Clark ...
A: I would first like to question the validity of the radio show host. Is he speaking for the entire ...
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| Carrying a contract | 3/9/2007 |
Q: I'm selling a home in Pasco, WA for $135,900 and had an ad posted online. I received an email today ...
A: I don't know what you mean by his offer being at least 10 own with monthly payments of at least 3. ...
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| buying a town house | 3/6/2007 |
Q: I'm planning on buying a town house in va i was told that town houses don't hold value and if you ...
A: VA is a large area. There are some excellent real estate investments in some of the areas and ...
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| Selling a house | 3/5/2007 |
Q: My friend is going though a dicorce...can the other spouse hire a realtor to list the house with out ...
A: Unless your friend is not listed as an owner of the home and has a quit claim on file releasing any ...
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| Seller refused to pay for repaired linolium | 2/25/2007 |
Q: I am a new home owner in OH. The seller damaged linloium when after we made an inital offer, but ...
A: If the previous owner told you before closing that she was not going to pay the $310 and you still ...
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| Buying a house - Asthma and allergies | 2/25/2007 |
Q: Why scents may not make cents when trying to sell your home. For many home sellers who believe ...
A: There doesn't seem to be a question here but a very good point. It is true that there are some ...
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| refund our deposits fom builder | 2/20/2007 |
Q: we signed a contract to purchase a townhouse in Florida.We signed contract on 02/04/05 to be ...
A: Uh oh! This doesn't sound too good. You may have to enlist the assistance of an attorney. First ...
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| real estate Mobile Homes | 2/5/2007 |
Q: When selling a Mobile Home, What percentage is the agents cost and and how does the title search ...
A: If the mobile home is secured on a piece of property (meaning it is a permanent structure) then a ...
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| Picking a realtor (I'm a seller) | 1/30/2007 |
Q: I am currently living and working in Atlanta, and want to sell my North Carolina condo. We'll be ...
A: First, ask to speak with the Managing Broker of the company. Explain your predicament and ask for a ...
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| Buying a home | 1/26/2007 |
Q: We've shortlisted a few homes (after doing some research), in the Phoenix area which are 5 - 15 yrs ...
A: Each state in the US has different laws governing the sale of real property. As a real estate agent ...
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| advice | 1/22/2007 |
Q: I am 30 years old single male from Detroit, MI. I live with my 2 siblings and our mother. I make ...
A: Good for you to be thinking through all of this before taking action that might be irresponsible! ...
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| Helpful Help | 1/21/2007 |
Q: Considering buying home built in '70's and presently outdated interior/exterior. Estimating 25-30 ...
A: There are (among many other factors) two things that affect the price of the home in an appraisal; ...
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| Taking forever to close | 1/20/2007 |
Q: I accepted an offer nearly 3 months ago. I have still not closed (I was supposed to on the 31st of ...
A: You should consult a lawyer right away. A letter should be sent to the Buyer's and the agent that ...
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| First time house buyer | 1/20/2007 |
Q: Jessica, I have my son buying his house first time in Maryland. He is paying 20% advance payment & ...
A: Your son will need to talk to a lender to find out if there are any first time buyer programs ...
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| selling a rented house | 1/15/2007 |
Q: How long should you give residents to move out when your selling a rented home?
A: First and foremost, you should give the length of time specified in the rental agreement. If there ...
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| quit claim deed help , quick | 1/9/2007 |
Q: Im married my wife is divorcing me, her name is the only name on the deed and morgage loan. we both ...
A: I am sorry about the divorce. As for taking over the house and getting your wife to sign over her ...
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| rent to own/sell.......... | 1/8/2007 |
Q: the home has been on the market for 5 months, I sold our other home in 05, so I tackled this one ...
A: It does seem like you have done all you can do. If the market is slow throughout the area, I would ...
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| rent to own/sell.......... | 1/8/2007 |
Q: We have a home in wisconsin, built in Oct 05, wife does not like the ranch, wants to sell, we have a ...
A: Selling a home FSBO is sometimes more difficult and I would first suggest that you try to sell ...
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| real estate broker license in NC | 1/1/2007 |
Q: My husband & I are going into the real estate business. More specifically, buying fixer-uppers and ...
A: I can't say that having your Broker's license will help you find the deals more than reading the ...
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| Firing an agent | 12/27/2006 |
Q: I have not signed anything agreeing to co-op with the buyer's realtor, so it appears I am not ...
A: Yes...depending upon the Buyer's Agency Agreement it is possible that the Buyer might be responsible ...
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| buying a home | 12/26/2006 |
Q: I'm divorce and has been separate for two years. those two yrs ex didn't make PMT on time. Sold the ...
A: With a bad credit report and rating you have little hope to secure a loan (at least not a ...
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| When to sell? | 12/12/2006 |
Q: We sold our first house in March of last year to my brother & sister in law. We "rented" from them ...
A: I can't imagine that you will have to worry about capital gains when you haven't lived in the home ...
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| RECISION OF A HOME | 12/7/2006 |
Q: IF I CLOSED ON A LOAN OF A HOME ON TUESDAY, THEN ON WEDNESDAY THE WATER WAS TURNED ON AND THERE IS ...
A: Once you close on a home the home and all of its problems are yours. that is why a home should be ...
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| obtaining brokers license before selling/buying | 12/6/2006 |
Q: C. city and I am considering obtaining a broker's license, definitely to act as my own buyer's ...
A: Obtaining a broker's license is not a small task these days. If you have the time and energy to ...
|
| Finished basements | 12/1/2006 |
Q: I recently had an Owens Corning basement system installed, so all of my walls and ceilings in the ...
A: Hard surface is acceptable in a basement but for full value to be given for appraisal purposes, a ...
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| buing a home without a realtor | 11/28/2006 |
Q: My husband and I are buying a home in Austin, TX. We meant to get a realtor but we found a house we ...
A: For one thing...you can certainly get representation! An attorney will be happy to help you from ...
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| someone wants to buy my home for $80,000.00 and i want to sell | 11/27/2006 |
Q: i listed my home on craiglist for $125,000 the buyer wants to give me $80,000 i want to call them ...
A: You need to go to a stationers and buy a legal contract form or go to an attorney and have him/her ...
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| Home Inspection: What should be fixed? | 11/23/2006 |
Q: I recently went through an initial walkthrough on a renovated condo and am unclear on what things ...
A: Without reviewing your contract I can't state for sure that you don't have an "out" but as for the ...
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| Buying/selling process gone bad! | 11/22/2006 |
Q: The purchase of the home was contigent upon the sale of our home. With there being a contigency in ...
A: If the contingency is still in effect and you didn't sign anything to drop the contingency after ...
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| Buying/selling process gone bad! | 11/22/2006 |
Q: Very recently we were supposed to sign papers for the close of the home we were selling and the one ...
A: The first thing that comes to mind is; did you have a contingency agreement? If so, then you can ...
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| Finished Basement? | 11/17/2006 |
Q: What are the requirements for a basement to be called a finished basement. The current description ...
A: A finished basement requires fully closed in spaces--no exposed areas. That means the ceiling needs ...
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| Land Contracts | 11/16/2006 |
Q: I went into a land contract approx. 3 years ago, however the seller and myself are interested in ...
A: Any contracts or changes in contracts should be handled by a real estate attorney. Make sure that ...
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| owner finance | 11/14/2006 |
Q: Is it legal to owner finance a home in Texas while there is a lien still on the home. My mom and ...
A: Are you saying this is your home and now your parents are living there and want to buy it from you? ...
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| Breaking a contract with a builder | 11/6/2006 |
Q: I am in a contract in FL for a preconstruction townhome. It has been about a yr or so since I ...
A: Breaking a contract can be tricky and I think that anyone contemplating it should consult with their ...
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| Pros/Cons Rent and Sell | 10/31/2006 |
Q: Jessica My husband and I are planning to relocate to SC due to the ARMY selection. We are trying to ...
A: If sales are up in Fort Hood and if the market is a good one then I would say go ahead and sell your ...
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| financing | 10/28/2006 |
Q: im in a process of buying a property here in NJ, and me and my fiance would like to know if there's ...
A: The loan you are looking for is out there if (and ONLY if) the home appraises for higher than the ...
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| Should we buy now? | 10/25/2006 |
Q: One thing I should have mentioned. I anticipate our credit scores going up moderately within the ...
A: If it is only three months, I would get pre-qualified now and start looking at homes. By the time ...
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| Should we buy now? | 10/25/2006 |
Q: Husband and I are looking to buy in the next year or two. We want to buy in the Tulsa Oklahoma area. ...
A: You and your husband should first go to a lender and get pre-qualified. Determining how much you can ...
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| Real Estate Contract | 10/23/2006 |
Q: We put our house on the market 3 months ago with a real estate agent. We have a 6 month contract ...
A: No one can force you to sell your home. However, the Broker can refuse to release you from the ...
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| buying a new home before selling existing property | 10/20/2006 |
Q: My fiance has found a house that is perfect for us. He put in an offer, and is currently applying ...
A: I would have said that your fiance should make an offer that is contingent upon selling his existing ...
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| Recouping renovation costs (windows) | 10/19/2006 |
Q: My fiance and I bought our first house a few months ago and are doing some minor renovations. ...
A: Replacing the windows is necessary for the resale if they are in bad shape. If you don't do it, the ...
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| what voids a seller contract with a realtor | 10/16/2006 |
Q: My girlfriend has signed a contract to sell her mobile home with a realtor. The contract effective ...
A: The wrong date is certanly a problem and can negate the contract. However, I would like to address ...
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| selling a condo in Florida | 10/4/2006 |
Q: I live in CT and inherited a condo in Bay Harbor Islands Florida. It has been on the market for 1 ...
A: I think that you should consider lowering the price to below your competitors first and see how it ...
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| selling a condo in Florida | 10/4/2006 |
Q: I live in CT and inherited a condo in Bay Harbor Islands Florida. It has been on the market for 1 ...
A: Unfortunately, it is difficult to advise you without seeing the condo, knowing what the competition ...
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| When do you need a renter's license? | 10/3/2006 |
Q: My son bought a home with his now ex, who backed out of the wedding, and he is trying to sell it, ...
A: I don't know what state requires a renter's licnese for a private rental. I won't say for sure that ...
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| Preforeclosure houme | 10/1/2006 |
Q: I come across a house in my area that is a subject to foreclosure. The homeowner has beed delinquent ...
A: It is best for the Seller if a home doesn't go into foreclosure. This is because the foreclosure ...
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| Judgements on Liens | 9/26/2006 |
Q: Is there any way that either the bank, our attorney, or the attorney for the foreclosed property can ...
A: Yes, you can request that the bank pays off the existing liens. It can be part of the offer that ...
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| Seller cannot meet terms to close | 9/25/2006 |
Q: I live in the state of Ohio. We viewed a home listed by agent A and was shown to us by Agent B. We ...
A: I don't know how the seller wouldn't be aware of the additional funds since it was probably written ...
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| When is it worth it to put money into a home? | 9/24/2006 |
Q: When is it worth it to put money into a home? Prices are going up here in Las Vegas very slowly. ...
A: Selling your home in a slow market means that you have to be the best deal of the group of homes ...
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| selling home after using a real estate agent | 9/8/2006 |
Q: I am going to try to sell my house after using a real estate agent. My contract has expired, and I ...
A: I suggest that you re-read your listing agreeement. There is usually a clause that says that after ...
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| house | 9/7/2006 |
Q: i am living in a house that a friend bought and wanted to give me but, before the title was put in ...
A: This is a legal question and should be discussed with a lawyer. However, if the friend wrote that ...
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| how can I cancel a contract with a bad agent? | 9/6/2006 |
Q: Our home has been on the market since the end of June and we want to end the contract with our ...
A: I am sorry that you are having this problem. Unfortunately, as with all professions there are hard ...
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| buying | 9/6/2006 |
Q: Im thinking about looking into buying a house.. 1st time buyer.. and do not know where to begin.. or ...
A: First go to your local banker (either someone recommended to you, your credit union if you are a ...
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| Buy or transfer | 9/5/2006 |
Q: My parents own a house in the State of Rhode Island and would like to sell or sign the title of the ...
A: Every state has its own fees and laws with regard to the transfer of real property. There will ...
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| Need to know home selling process | 8/29/2006 |
Q: I am first time seller. my home is 1 year old. I need to know all the details for selling a home. I ...
A: Since you are selling on your own,I suggest that you do as much reading and understanding of the ...
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| 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: If I understand this correctly, you are looking for something that would be impossible to find. A ...
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| buying a home | 8/24/2006 |
Q: I am thinking about buying a new house. I went to Staples and bought one of those pre-made ...
A: When an agent takes a listing the agreement usually is written for a certain percentage of the sales ...
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| For Sale by Owner | 8/23/2006 |
Q: I'm the seller in a simple cash real estate sale. It's an "as is, where is" sale. We're in agreement ...
A: Of course you can use just one lawyer. He or she will represent the Buyer and will draw up the deed ...
|
| About becoming a realtor | 8/22/2006 |
Q: I am looking for a way to increase my regular income. My job offers some flexibility and I have ...
A: The beauty of being a REALTOR is you can make your own hours. If you want to do it part time no one ...
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| need help bad | 8/20/2006 |
Q: My fiance and I are in the process of buying a new home. It was an inventory home so it got done ...
A: What does your contract state under terms and conditions for a loan? In most contracts pre-approval ...
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| Selling house on contract | 8/19/2006 |
Q: we have some potential buyers that do not think that they will be able to get financed due to a ...
A: Throughout the country there are slight differences in terminologies. I have not heard this term ...
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| selling a home via auction | 8/18/2006 |
Q: I am going through a realtor right now to sell my mom's home without much luck. It has been on the ...
A: The first suggestion I would make is for you to discuss with the REALTOR why the home hasn't sold. ...
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| breaking up! how to devide house?? | 8/9/2006 |
Q: My boyfriend ad I decieded ot break up we jsut purchased a home 6 mpoonths ago I am the only one on ...
A: Your ex-boyfriend is part owner of the home even though he has no financial obligation on the loan. ...
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| Loans | 8/7/2006 |
Q: Long story short, my wife & I have a property in FL that we desperately want. We are closing on our ...
A: Without any source of income most lenders will not talk to you about a loan. My suggestion is to go ...
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| Property left at my new home | 8/7/2006 |
Q: My fiance and I closed on our house on June 16th. Upon moving in we realized that the previous ...
A: When you buy a house all personal possessions are supposed to be removed unless they convey. If ...
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| Can a buyer get out of purchase agreement | 8/6/2006 |
Q: My son signed a purchase agreement on a mobile home. The seller is a private seller. He now has a ...
A: This is actually not a real estate question since it involves a legal issue associated with contract ...
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| Buying a home. | 8/4/2006 |
Q: My name is Guy and I recently passed my real estate exam. I'm currently working for FedEx however ...
A: The first rule in real estate is: "QUALIFY YOUR BUYER!" This means that the Buyer (in this ...
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| New Construction Errors | 8/2/2006 |
Q: I have a home (new construction) under contract in Georgia, and I have noticed some construction ...
A: The reason there are models is to show people what they are buying. It is unthinkable to make more ...
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| Special assessments? | 7/31/2006 |
Q: We are just beginning our house hunting search and are new to the process. My question concerns the ...
A: Many communities these days have homeowners associations and they assess each homeowner for dues, ...
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| NAME ON HOUSE | 7/31/2006 |
Q: In a separation, if two names are on a house and both parties agree to transfer the name to one of ...
A: You need to fill out a document that is called different names (depending upon where you live) but ...
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| How to tell if your listing agent is doing a bad job? | 7/30/2006 |
Q: Our house has been on the market for over 2 months in Sacramento, Ca. We have had 8 open houses and ...
A: Let's not blame the agent just yet! First of all, when you listed the home did the agent make a ...
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| owning my ground rent to my home | 7/30/2006 |
Q: I have own my home( in balto,md) for the past 5 years now and I like to know how can I own my ...
A: I don't know why your particular home ownership involved buying the home but not owning the land it ...
|
| title insurance | 7/30/2006 |
Q: Typically, who pays for title insurance if it does not state so in the contract, buyer or seller? Is ...
A: Typically the buyer pays for title insurance. Since it is insuring against any problem with title it ...
|
| Selling a home after purchase | 7/30/2006 |
Q: I just bought an investment property in New Jersey, and I would like to know if there is a specific ...
A: An accountant can look over the investment taxes and tell you more about your individual situation ...
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| Real Estate contract w/broker | 7/29/2006 |
Q: I NEED TO KNOW IF I CAN GET OUT OF MY CONTRACT WITH THE BROKER TO LIST MY HOUSE? OUR HOUSE HAS SOLD ...
A: First, let's be clear as to what the term "sold" represents. A home is not actually sold until it ...
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| Buying a house from a relative in San Diego California | 7/28/2006 |
Q: My mom owns her home outright in San Diego CA. The house is in a Trust which includes me and my ...
A: You will need to consult with an attorney to deal with the Trust. If your sister is purchasing the ...
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| easement | 7/28/2006 |
Q: My neighbor is selling part of their property the are using a road that goes through our property to ...
A: Well that depends upon how long they have used the road with your "implied" permission. After a ...
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| Septic Permit is unclear | 7/27/2006 |
Q: Aren't there any options if the buyer of a resale home is given a septic permit that is unclear and ...
A: You should never buy or accept anything that isn't clear. You are absolutely right--it could cause ...
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| good faith money | 7/26/2006 |
Q: What would you reccomend putting in this contract to cover myself when a person gives me the money ...
A: I think that you are asking how much money you should ask for. The earnest money (good faith) is ...
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| Repair Allowance first time buyer | 7/20/2006 |
Q: I have been pre-approved to bay a home I have been looking for home in the 100,000-125, 000 range. I ...
A: The problem with getting money back after closing is that you are making a representation to the ...
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| New Home Several Problems | 7/20/2006 |
Q: I have a question. I just bought my first new home, and am just about fed up with the issues we ...
A: I assume that you have a 1 year warranty that covers things like this. I would talk to the builder ...
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| How much does adding a garage increase home value | 7/20/2006 |
Q: Jessica, Currently am purchasing a house in the Hampton Roads area of Virginia. House has a beat up ...
A: According to a recent survey of REALTORS across the country a two car garage adds some value to a ...
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| getting into real estate | 7/18/2006 |
Q: Jessica, I would really like to flip houses for a living to support my family. I've been a ...
A: Flipping homes can be a nice side business if you know what you are doing and have time to research ...
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| Using a relative realtor | 7/18/2006 |
Q: One of my relatives has offered to act as my realtor for a house purchase. However, since he is ...
A: The 3% you are saving (rebated by your relative) may end up costing you the same or more by not ...
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| Broker still showin house after expiration of contract | 7/16/2006 |
Q: Some friends of mine do not have a computer so they are selling there house, listing expired, ...
A: Did the Buyers see the house while the listing agreement was still in effect? If so then there was ...
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| my home | 7/16/2006 |
Q: I bought a house 5 months ago and have found out due to work slowing down that I may not be able to ...
A: Life sometimes throws us curve balls. You had no way of knowing that you would have a work ...
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| Can I use another agent? | 7/15/2006 |
Q: I have been searching for a house for about a month now and I signed an Exclusive Buyer Agency ...
A: You are bound to use that agent for the two specific homes only (and that is for the full 6 months.) ...
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| Buying without a realtor | 7/14/2006 |
Q: Should I consider buying w/o a realtor in colorado? What are my options and liabilities?
A: Buying without a REALTOR is very risky when you don't know the market and/or the area. If you are ...
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| 5 properties | 7/14/2006 |
Q: I recently got into real estate and I purchased five houses on my credit line, I do not live in any ...
A: I understand (and feel) your frustration! When one becomes a landlord, there are certain risks ...
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| choosing a reator | 7/13/2006 |
Q: I want to pick a realtor that lives in and around my town. My hubby wants to pick a realtor that ...
A: This is a difficult question because of all of the variables. If your town is a small town that is ...
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| Buying a home from a relative | 7/11/2006 |
Q: My husband and I are in the process of purchasing an investment home from my brother and his wife. ...
A: You should have an attorney draw up the necessary documents that will then be recorded with the ...
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| cancelled contract | 7/10/2006 |
Q: I just signed a contract to buy a house but now we dont want it. The seller realtor left on vacation ...
A: There is no way you can legally cancel a contract because of Buyer's remorse unless you have a ...
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| listing expired.. options? | 7/9/2006 |
Q: i had my house listed with an agent for 6 months. they put it on the mls and then sat back. no open ...
A: Once your listing agreement expires you are free to list with whomever you choose. My suggestion is ...
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| Timing of Sale and Purchase | 7/9/2006 |
Q: Jessica, First of all thank you so much for your prompt reply. We have approx 100,000 in debt on ...
A: With only $100,000 in debt and equity of approximately $500,000 (I think that you said that your ...
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| Timing of Sale and Purchase | 7/8/2006 |
Q: Jessica, My husband is disabled and is retiring because of his disability I retired in November. We ...
A: I would imagine that you have quite a bit of equity in your home right now. Before you list this ...
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| Artificial Inflation | 7/1/2006 |
Q: I was wondering if you could tell me how legal artificial inflation is and also how to come to the ...
A: If I understand your question, you are asking about Sellers asking higher prices on their ...
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| windows | 6/30/2006 |
Q: We are getting ready to sell our home in the next year. It is about 20 years old and are going to ...
A: A 20-yr-old home should have double hung windows unless it is extremely inexpensive. The price of ...
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| 1st time buyer, bad credit | 6/24/2006 |
Q: I had heard that buying a home isn't as hard as it seems and that anyone can get a mortgage, it's ...
A: You should give a lender a call and see what is available for you. Loans that are riskier charge ...
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| selling consequences | 6/23/2006 |
Q: I bought a new house in a retirement community but after being here for only two months I feel it is ...
A: You brought up several points in your question...you don't want to pay capital gains, traffic, and ...
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| Closing procedures | 6/22/2006 |
Q: My parents, who live in a small town several hours from me, have just entered into a contract to ...
A: The first question dealing with the refund of several thousand dollars is something that needs to be ...
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| Hiring a broker to sell a home | 6/22/2006 |
Q: Currently, my husband and I are working to try to cancel the current contract we have with the agent ...
A: Hiring a broker who works well with you and your needs is as important a decision as selling your ...
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| buying a home | 6/21/2006 |
Q: my fience and i are first ime buyers and need to know some questions that we should ask when we are ...
A: The first thing you should do is make sure that you have a good professional to represent you and ...
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| selling my house | 6/20/2006 |
Q: I bought my house in Dec., 1992 or 1993. I was married at the time. Both my wife and I signed the ...
A: It depends who has their names listed on the title for the house. You will need to dig up old ...
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| Should a home be updated/fixec prior to sale? | 6/19/2006 |
Q: What do advise regarding making personal cosmetic repairs to a home before selling? What kinds of ...
A: Your question is a good one. I have often listed homes where there were small cosmetic problems ...
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| I need to know about Rent-to-own agreements | 6/18/2006 |
Q: We live just outside of St. Paul, MN in a small rivertown in WI. We have to move do to job ...
A: First of all, if your agent has helped you find the rent-to-own customers, then you should stick ...
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| rent with option to buy | 6/16/2006 |
Q: I have recently entered into a lease for rent with option to buy. We have signed a contract and the ...
A: First, I would like to state that matters such as this are legal matters and therefore should be ...
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| Unethical, Dishonest Broker Coerces Us into a No Win Situation | 6/13/2006 |
Q: Unethical, Dishonest Broker Coerces Us into a No Win Situation The real estate problem that I’ve ...
A: You are right, this has become much more complicated. The Broker did exactly what needed to be done ...
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| resale value of remodeling | 6/10/2006 |
Q: I would like to turn my one car garage area into an extension of my kitchen. Is this a smart move, ...
A: This is an excellent question. It requires some critical evaluation on your part though. A garage ...
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| quitclaim deed | 6/9/2006 |
Q: My question is kind of complicated, recently my boyfriend's brother died unexpectedly without a ...
A: Ordinarily I would just click on the response that this is a question I cannot answer. However, I ...
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| quit claim deeds | 6/9/2006 |
Q: WHAT HAPPENS IF I DID NOT DO AN APPRAISAL AT THAT TIME.IT'S NOW 3 YEARS LATER AND I WANT TO SELL.CAN ...
A: Yes...you can take comparables that sold at that time and use that value. Again, since there may be ...
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| Buyer's Agent Agreement | 6/8/2006 |
Q: Actually the agent is an independent broker and in business for himself, there is no managing broker ...
A: Put everything in writing and keep a record of what was said and when. Send a registered letter to ...
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| quit claim deeds | 6/8/2006 |
Q: I'd like to know what the cost basis of property is after someone quit claims it.Is it the market ...
A: The market value of the home is estimated as of the date of the quit claim. Of course in order to ...
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| Breech of contract | 6/8/2006 |
Q: We have a contract on a house owned by a bank. The title search turned up a third lein on the ...
A: Since you are past contract deadline you can have your agent send out a notice of this fact with a ...
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| 1st time buyer with no credit | 6/8/2006 |
Q: I have little knowledge about this. I am 18 years old and looking to buy a house. I have a baby on ...
A: My suggestion is for you to contact a lender and discuss options with the lender. There are several ...
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| Buyer's Agent Agreement | 6/8/2006 |
Q: Based on your suggestion, I contacted the agent and asked him to send me a document absolving me of ...
A: I assume that this agent works for a brokerage. Call the Managing Broker to discuss your concerns ...
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| Buyer's Agent Agreement | 6/8/2006 |
Q: I recently signed an agreement with a real estate broker to act as my buyer's agent to help me find ...
A: If the agent no longer represents you, he should prepare a document for both of you to sign ...
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| mls question | 6/8/2006 |
Q: I recently found out that my name showed as the listing agent on the MLS for a property in Los ...
A: There was probably a typo when the person was entering the MLS information. If someone from your ...
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| BREAKING A CONTRACT | 6/7/2006 |
Q: WE SIGNED A 6 MONTH CONTRACT WITH A REALTOR. OUR HOUSE STARTED AT $439K IN APRIL. WE ARE NOW DOWN ...
A: This must be very frustrating for you! Did your Realtor give you any idea as to why there have been ...
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| Selling my home | 6/7/2006 |
Q: My husband and just bought a new home and we own a home we want to sell we owe about 244,000 on the ...
A: Perhaps I misunderstood about your buying a new house. Have you already closed on it and if so how ...
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| No title for mobile home | 6/7/2006 |
Q: My nephew recently bought an oler mobile home (1979), The owners have lost the Title and ...
A: As a real estate Broker I am not licensed to deal in mobile homes unless they are attached to ...
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| no down/no credit check | 6/7/2006 |
Q: I have heard you can do a no down/no credit check and assume someone's loan. How often does that ...
A: There are certain circumstances where you can assume someone's loan but assumable loans have become ...
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| The Mortgage is Lost on the Home I am buying. | 6/5/2006 |
Q: Is this good news for me or bad news? We were due to close on last week and found that the sellers ...
A: I am finally back online! My computer crashed and I have a huge amount of email to answer. ...
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| Real Estate | 6/5/2006 |
Q: Is there anywhere I can go online or elsewhere to get the forms needed to sell a house by owner?
A: I am finally back online! My computer crashed and I have a huge amount of email to answer. ...
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| buying selling | 6/4/2006 |
Q: I am 58 yrs old and my wife is 50. Our current home is paid off. I recently saw a home up for public ...
A: I am finally back online! My computer crashed and I have a huge amount of email to answer. ...
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| counter offer contract | 6/4/2006 |
Q: I made an offer on a house. The house was forclosed on and is owned by a bank. The bank made me a ...
A: I am finally back online! My computer crashed and I have a huge amount of email to answer. ...
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| lease to buy in 1 yr | 6/3/2006 |
Q: Our listing was up after 90 days and a neighbor approached us with an offer to lease our home for ...
A: I am finally back online! My computer crashed and I have a huge amount of email to answer. ...
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| How to buy a joint tenant out the cheapest way possible? | 6/2/2006 |
Q: I recently purchased a home with my boyfriend as joint tenants with the right of survivorship, and ...
A: I am finally back online! My computer crashed and I have a huge amount of email to answer. ...
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| Politely terminating a contract to sell | 6/1/2006 |
Q: I am under contract to sell my house and I need to terminate the contract for personal reasons. We ...
A: A contract is a binding legal instrument, but as many attorneys will tell you there is no contract ...
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| real estate | 5/31/2006 |
Q: My mother put her Ontario home up for sale in March 2006. It sold with a closing date of July 31st ...
A: First of all, I would like to say that I am sorry for your loss. The laws in Ontario (I assume you ...
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| Market trend, + info | 5/31/2006 |
Q: You asked for the area: Hudson, Ma, townhouse and is near of the downtown and near of high school.It ...
A: I think that the market in that area is quieting down a bit. What that means is it will take a ...
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| Finished walk-out basement | 5/30/2006 |
Q: I have a home with 3 bdrms, 1 bath and a finished basement. The basement is a walkout type with an ...
A: I know that things are slightly different in various areas, but I can't think of any MLS that ...
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| Selling Florida Property | 5/30/2006 |
Q: Im enquiring about selling my parents property in Florida from the UK but dont know how to go about ...
A: The easiest thing to do would be to look up a couple of large companies that are in the same area as ...
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| using the internet to sell land | 5/27/2006 |
Q: A friend asked me if I could try to sell a piece of land for him on the Internet. The land is in ...
A: Spending hours and hours to set up a website is not necessary to sell the land. Try lisitng it on ...
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| First time home buyer | 5/26/2006 |
Q: I have heard that there are government programs for financial assistance to first time home buyers. ...
A: The government programs for first time home buyers vary from city to city and state to state. The ...
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| necessity of finishing flooring in otherwise finished basement | 5/25/2006 |
Q: Bryan: I am challenged in trying to decide whether to put new flooring in my otherwise nicely ...
A: I would put in a very inexpensive neutral carpeting. The difference between a mid-price carpet and ...
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| Unhappy with the whole proccess. | 5/25/2006 |
Q: So you are leaning towards the fact that instead of refinancing in 3 years we might be better off ...
A: Yes; I am saying you might want to be thinking about moving to another home which is like ...
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| Unhappy with the whole proccess. | 5/25/2006 |
Q: Let me ask you one more quick question. Do you think it is a good move to bet on the fat that in 3 ...
A: Of course things can change drastically, but all indications are that the interest rates are rising ...
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| Thinking of selling | 5/25/2006 |
Q: I m thinking of selling my first home of 6 years and I want to know what to expect. I want to go ...
A: I think that you are wise to understand that there is much to know about the process of selling your ...
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| Internet selling. | 5/24/2006 |
Q: We live in Ireland and we know there are many Irish people returning from America. We wish to ...
A: The best Internet site that I am aware of is forsalebyowner.com There are also some others that ...
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| Unhappy with the whole proccess. | 5/24/2006 |
Q: I'm doing 100% loan with a sellers concession on a stated mortgage application. During the proccess ...
A: I could hear and feel the frustration as I read your email! I am sorry that this has been such a ...
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| buying from an idivual | 5/23/2006 |
Q: My husband and I are buying the house my mother has lived in for the past 30+ years from my brother ...
A: Buying a home from your brother still involves some legal documents. Since you are getting a loan ...
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| How to Cancel a Residential Listing Agreement-Exclusive | 5/23/2006 |
Q: I was mislead upon signing a Residential Listing Agreement-Exclusive representing my property. Upon ...
A: I am sorry that you were mislead about the Exclusive Listing Contract. I am curious as to why you ...
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| Shady seller s agent? | 5/21/2006 |
Q: My husband and I are in escrow for our first owned home, a townhouse in Los Angeles. We accepted the ...
A: the situation you describe is one that makes me very suspicious as well. I agree that the Seller ...
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| Buyer firing agent | 5/16/2006 |
Q: I have just started looking for a home in AZ and signed a contract with an agent to show me homes. I ...
A: Most contracts are not absolute. There is usually a way out. If the agent isn't working well with ...
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| Marketing | 5/15/2006 |
Q: We are building an apartment in a very small town which has around 50 flats to be sold, this is the ...
A: You didn't say where these 'flats' are located. Most towns in the United States have no problem ...
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| 2 Family house | 4/7/2006 |
Q: I am a 22 year old male living in Mahopac Falls NY. I have been renting an apt. now for about two ...
A: You certainly have the right idea. However, if money is tight, you may not qualify for a loan. ...
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| FSBO | 4/4/2006 |
Q: what is the best web site for this? do you reccommend this route?
A: One of the most popular web sites is www.forsalebyowner.com. Another is www.fsbo.com. Both get ...
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| selling home | 2/20/2006 |
Q: myi am looking to relocate but in order for me to buy another home i have to sell my home. what do i ...
A: You can begin researching homes in the area in which you want to live by checking the Internet for ...
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| Buying a Home Without A Realtor | 2/15/2006 |
Q: I am considering buying the house I rent currently from my landlord. There will be no realtors ...
A: Buying and selling real estate is different and with slightly different procedures, paperwork and ...
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| Part time work in real estate: possible? desireable? | 2/7/2006 |
Q: I am satisfied with my day job doing policy research in New York City, but it doesn't pay very well ...
A: Look for a large company with lots of agents. There are bound to be some top producers looking for ...
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| fisrt time home seller | 1/29/2006 |
Q: Jessica - will try to make this short. I have a single-wide mobile home on my own property just ...
A: Your question is a good one. I am always disappointed when someone tells me that they have used an ...
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| Market Valuation | 1/19/2006 |
Q: what is the difference between a market valuation and an apprasal? Thank you in advance for all ...
A: A market valuation (often called a Comparative Market Analysis or a CMA) is done by a real estate ...
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| lease | 1/7/2006 |
Q: I live in an apartment and if I buy a home can I break my lease before it is ended?
A: The first thing you should do is to read the terms of your lease carefully. Most leases are 'soft' ...
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| Real Estate Marketing | 1/3/2006 |
Q: My wife and I are thinking about starting a small business. Our idea came about when we remembered ...
A: I don't know the reason that the REALTORS in your area are not using flyers. I do know why I prefer ...
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| Sel & carry loan | 12/30/2005 |
Q: I live in Arizona....and we do use Title Companies here. I just wasn't sure if they would also ...
A: Yes, they will handle the documents (meaning they will have the Buyers sign and will notorize, ...
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| Sel & carry loan | 12/30/2005 |
Q: I have a friend who wants to buy a home I own. I want to carry the loan. Who should I see about ...
A: In most parts of the country, attorneys are used for real estate closings. If you live on the West ...
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| To buy condo or not to buy | 12/22/2005 |
Q: Here is my problem. Im a single guy looking for a condo in an exlusive condominiun complex. I found ...
A: You didn't say where you live (what state) and I don't pretend to know the market in all states, but ...
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| Question | 12/18/2005 |
Q: I'm wondering were would I find information on homes that are behind in taxes? Or that are ...
A: There are many websites that deal with foreclosed homes. Just do a Google search for foreclosures ...
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| Real Estate Investing Research | 11/8/2005 |
Q: can you explain to me how the layman can access information (listings, etc.) on the web? Where can ...
A: The best resource for listings in www.realtor.com which lists everything that agents put on the ...
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| 1st time home buyer | 10/10/2005 |
Q: My wife and I are planning on buying our first home. We make about $90,000 gross, have GREAT credit ...
A: Buying a home in a soft market gives you quite an advantage. I don't see any reason to pay full ...
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| How to make money? | 10/4/2005 |
Q: My first property that I bought was a two family property in the city of Fall River Massachusetts. ...
A: Making money in real estate is very dependant upon the market at the time you sell. Buying and ...
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| What realtor will take and sell my house as is? | 10/2/2005 |
Q: I have a house that I rent out right now. I am thinking of selling it. I am married and my husband ...
A: Depending upon the furnishings in the house it may or may not look better with them gone. If the ...
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| Rent to own | 9/12/2005 |
Q: I'm relocating to Las Vegas and am seeing a lot of companies advertising a Lease/Rent to own option. ...
A: This method of buying a home is sometimes advantageous in a situation such as yours. Since you ...
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| Sell a House | 8/26/2005 |
Q: I am planning to sell my house at $459,000, but not sure what fees I should be aware of during the ...
A: The fees that you will incur are sometimes determined by the contract with the Buyer. If you are ...
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| 1st-time Home Buyer & Clueless | 8/25/2005 |
Q: My husband and I are getting ready to buy our first home. Neither of us has any exeprience with this ...
A: As it turned out I ended up being with these clients all day and then writing an offer this morning ...
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| Training in Real Estate | 7/25/2005 |
Q: I am a licensed acupuncturist residing in Nashville, TN., interested in learning how to buy/sell ...
A: Having a real estate career is challenging, never boring, busy, and filled with up's and down's. I ...
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| Entryway Improvements to Sell a Home | 7/20/2005 |
Q: We are remodeling a 1950's, 3-bedroom bungalow located in a moderately-priced, working class ...
A: Well you have me at a disadvantage not being able to see the house but with your excellent ...
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| real estate | 7/13/2005 |
Q: What is the difference between title insurance and abstract of title? Thank you
A: Title insurance is issued to the party or parties buying a home once the attorney or title company ...
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| Starting out... | 7/11/2005 |
Q: I have just been recently married, and my wife and I are interested in buying our first home. My ...
A: There are some great loans for first time buyers. Different states have different names for these ...
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| offers on home | 7/6/2005 |
Q: We have just listed a home on the market ourselves (without a realtor), We have already recieved one ...
A: Here is a question of legality vs. ethics. A simple verbal acceptance is not legally binding; and ...
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| buying a house | 6/9/2005 |
Q: I'd like to know how much of a house value will be affected if the property is right by a freeway? ...
A: House values are very affected by noise, traffic and pollution in areas where there is more emphasis ...
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| Condominiums & Townhouses | 5/27/2005 |
Q: What is the difference between a condominium and a townhouse? I know that with a condominium, the ...
A: To answer your question about condominium vs. townhouse differences: You already had part of the ...
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| Sell our home ourself? | 5/24/2005 |
Q: We have a "For Sale By Owner" question - as in, should we do it? The problem is, if we hire a ...
A: To answer your question about a "for sale by owner" transaction the first thing to consider is the ...
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| Selling our home | 5/18/2005 |
Q: I have two questions. The first is that we listed our home last Wednesday (with today now being ...
A: The listing 30283303 shows an older home with no indication of double lot, hot tub, granite counter ...
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| Selling our home | 5/16/2005 |
Q: I have two questions. The first is that we listed our home last Wednesday (with today now being ...
A: You didn't mention the state and city you are in. I can't check MLS without that information. As ...
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| Buy or rent ? | 5/16/2005 |
Q: I've never owned a home and currently rent. I'm about to move out of my current apt. and into a new ...
A: You have quite a bit of credit card debt that should be paid off before making a house purchase for ...
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| agents' schedules | 5/9/2005 |
Q: I was wondering how do agents usually work out their schedules? I mean, don't they have to sort of ...
A: Agents do what they want to do. There are some larger companies that may require agents to take ...
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| solar energy | 5/3/2005 |
Q: Generally speaking, if I install solar panels to provide electricity would it increase the value of ...
A: This is an interesting question because it depends on the area in which you live. In some areas, ...
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| buying a house | 5/1/2005 |
Q: I have paid for an inspection and an appraisal on a house. The seller has now decided that they no ...
A: To answer this question I would have to see the exact wording in the contract. Most contracts state ...
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| selling a home by owner | 4/27/2005 |
Q: I want to know how to market and sell my house on my own. What must I know and provide to a ...
A: There are lots of web sites that can help you market and sell your house on your own. One of the ...
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| first look at co-op | 4/16/2005 |
Q: I will be going to look at co-op in the next few days. This is my first experience when it comes to ...
A: The most important question to ask is how much can you afford. The agent is able to run the numbers ...
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| rental agent question | 4/15/2005 |
Q: Are there any companies that you can think of that provide rental leads, or have people who are ...
A: Among the many out there, the few that come to mind are www.forrent.com, www.rent.com and ...
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| rental agent question | 4/15/2005 |
Q: A company in New York City that I am thinking of working for says that they provide all of their ...
A: This is entirely possible that the company you want to work for will provide the rental leads to ...
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| Looking for lot to build starter home - need advice | 4/11/2005 |
Q: My wife and I are looking for a lot to build a starter home in the Boise, Idaho area. We are ...
A: First, I would like to address the issue of saving money by finding a builder and lot without the ...
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| RE & taxes | 4/10/2005 |
Q: I have my own house where I live, and last year I gave a reserve deposit for another house in a ...
A: You are extremely fortunate to have locked in the price of the home a year ago. While you cannot ...
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| real estate transactions publicized | 4/5/2005 |
Q: can't seem to get a rational answer to this question; why is it that real estate transactions are ...
A: Ahhhh...invasion of privacy??? Don't get me started! We could talk all day about how the government ...
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| real estate transactions publicized | 4/4/2005 |
Q: can't seem to get a rational answer to this question; why is it that real estate transactions are ...
A: You ask a good question! It seems strange that when you buy a car it is not public information but ...
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| Preparing to Sell | 3/29/2005 |
Q: My wife and I are preparing to sell our 1576 sqft home. We have some work that we believe needs to ...
A: Dr. Stacey; Fresh paint is always a boost to the look of the house. You didn't tell me the age of ...
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| Selling a 20 yr old Home | 3/21/2005 |
Q: My husband and I bought our home March 23, 1999 - $89,000 (@7.0%). The pay-off is currently ...
A: I think that most of your bills should be paid off with a home equity loan before you apply for a ...
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| real estate agents | 3/2/2005 |
Q: How many clients should a real estate agent, new or experienced, deal with at one time? How many ...
A: It all depends how many clients one can handle efficiently. If you are experienced and can juggle 5 ...
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| selling a restored property | 3/2/2005 |
Q: I am not looking at selling a property in the USA but in Menorca, Spain My husband and I are ...
A: Telling you all I know about this would take volumes! There are many good books on selling your home ...
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| First Time | 2/20/2005 |
Q: Taking from your long list of helpful questions.. this is what I would like to know. What are the ...
A: You have asked many important questions which, taken one at a time I could answer in depth but ...
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| Marketing a condo | 2/18/2005 |
Q: I have a condo listed and never had good luck with selling them in the past. Is there any advice as ...
A: My advice is to make sure you are marketing to first time home-buyers or renters. I am assuming ...
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| new to the business | 2/6/2005 |
Q: I hate to keep asking questions, but what is a mortgage loan officer? Is that the same as a mortgage ...
A: A mortgage loan officer is simplay the person who "sells" the program. It is a generic term for the ...
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| new to the business | 2/5/2005 |
Q: Also, what is the difference between mortgage bankers and mortgage brokers? I've heard individuals ...
A: A mortgage Banker works for a specific lending institution while a broker represents many different ...
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| new to the business | 2/5/2005 |
Q: Just to make sure I understand the commission correctly. If I sell someone a home for, let's say ...
A: That is correct. So, if you sell someone else's listing and the listing is a 6% listing, your ...
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| new to the business | 2/5/2005 |
Q: I'm new to the real estate business and I have a couple of questions. When you have clients that are ...
A: Let me answer your second question first: I have no idea what market you are in, but if your area ...
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| Manuafactured Houses | 1/25/2005 |
Q: My wife and I are recent retirees who have moved to the South from New York. We are looking to ...
A: Living and practicing real estate in North Carolina, I have had lots of first hand experience with ...
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| selling my home | 1/15/2005 |
Q: Jessica I am considering selling my home without a realtor. Though I am familiar with the both the ...
A: You can do one of two things...You can talk to a Realtor about limited representation and offer to ...
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| buying a home or land | 1/15/2005 |
Q: how do i find out where the cheapest place to buy a home, and a vaction home would be in the state ...
A: There are several Internet resources that can help you with this. You can do a search of homes in ...
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| misc | 1/6/2005 |
Q: How can the layman access information on the web--listings and other information? What is a market ...
A: You can access information on the Internet by going to www.realtor.com. All MLS listings are posted ...
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| buying and selling | 1/6/2005 |
Q: I have heard about these techniques where you can buy a home without a downpayment. Is this real if ...
A: The "no money down" method of buying a home is actually quite effective but requires lots of time ...
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| first time home buyer | 1/5/2005 |
Q: I am a first time home buyer. I have been looking at the real estate market and I want to buy some ...
A: First of all, I would suggest that you go to a lender to see how much of a loan you qualify for and ...
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| questions | 12/10/2004 |
Q: Why choose a REALTOR How do I find a REALTOR Should I consider buying or selling without a ...
A: Buying real estate is probably the biggest purchase in your life. I am sure that you will agree ...
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| Title of a Home? | 10/13/2004 |
Q: I live in california, And thought maybe you would have some info for me on this subject anyway. My ...
A: I have had many interesting questions over the years, but I must say yours takes the prize! Now ...
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| House vlaues and fence types | 10/5/2004 |
Q: it looks like if there is anyone who could answer my question, it would be you. I am writing from ...
A: By the subject of your question I am assuming that there are no restrictive covenants in your ...
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| getting a RE license | 9/28/2004 |
Q: Jessica Bryan, I am thinking about getting my RE license by enrolling in a class at my local college ...
A: To answer your firstThe hardest part about starting out in real estate is sustaining yourself while ...
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| tax liens, MLS | 9/25/2004 |
Q: what are tax liens and where can i get info about it? do you know a MLS website?
A: Tax liens on properties are made by the government when someone has not paid their property taxes. ...
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| selling agent bonus | 9/19/2004 |
Q: We are listed w/ an agent but wanted to get a second opinion.We live in Georgia in an area where ...
A: Distributing flyers to the agents is a very good idea. I think that it highlights the bonus aspect ...
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| Credit | 8/25/2004 |
Q: My wife and I do not have very good credit. Our current credit score is about 585. We own a home ...
A: When putting over 30% down on a home purchase there are loans that require little or no ...
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| selling | 8/21/2004 |
Q: We are selling my mothers property. We have a buyer who wants us to pay the cost of preparation of ...
A: Usually the buyer pays for the title insurance and survey work. The Seller usually pays to have an ...
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| open house | 8/18/2004 |
Q: My friends have recently gotten back into home construcion after a lull of a few years. They have ...
A: An open house is usually a good way to get people to look at a house without feeling pressured by a ...
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| Renting property | 8/11/2004 |
Q: My mother-in-law has a home in Hampton, Va and she wants to create a new lease for the residents. ...
A: First let me address your question about creating a lease when none exists right now. Since a lease ...
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| Selling half a house | 8/4/2004 |
Q: I live in Pennsylvania. Before my mother died, she transferred title of her house to my sister and ...
A: This will be a much simpler procedure but will require an attorney to file the paperwork. Since ...
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| real state price cut | 8/1/2004 |
Q: Jessica Bryan I am a first time buyer, I wana buy a condo in Southern California (Orange County). ...
A: There are many reasons that prices drop. Perhaps there is a structural problem, or there is a ...
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| Historic Property | 8/1/2004 |
Q: I am interested in a property in Saint James, NY. It's a Circa 1902 General Store/Farm Colonial ...
A: This is a difficult problem. Your REALTOR is probably unable to help because there are no records ...
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| First time buyer | 7/19/2004 |
Q: I have never own a home (and nobody from my immediate family has either). Based on my great credit ...
A: Buying a foreclosure (not a pre-foreclosure)is the best bargain because usually the bank is eager to ...
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| Selling home privately | 7/15/2004 |
Q: I have an opportunity to sell my home privately without a real estate broker. What is the best way ...
A: If you are just worried about the contracts and the closing a real estate attorney can handle this. ...
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| Inherited lease with new house | 7/1/2004 |
Q: My parents just recently bought a house and closed on it the end of May '04. Before closing we knew ...
A: Since I have not got a copy of the lease and the terms therein it is difficult to tell you what the ...
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| school districts | 6/22/2004 |
Q: What do realtors do to evaluate school districts? We are looking to move and with seven month old ...
A: I can't speak for all REALTORS but I know that most of the professionals out there try to keep up ...
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| selling real estate | 6/17/2004 |
Q: I have a co-worker that wants to sell a home in Warsaw, Missouri. He already has a buyer that will ...
A: Your co-worker needs to use standard contract forms (he can purchase these at a stationer's) and ...
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| H.U.D., Lease Purchase, V.A. | 5/31/2004 |
Q: I am a Veteran and an acupuncturist who will be looking to lease purchase a 2BR home sometime in the ...
A: A lease purchase home is really the same as any other. When the time comes to finance to buy the ...
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| Relisting my home | 5/31/2004 |
Q: ------------------------- Followup To Thank you for your quick response and I think that those are ...
A: Even though they haven't advertised, unless your contract specified weekly ads, it is not a ...
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| Relisting my home | 5/31/2004 |
Q: It is currently listed with a Home reality agent and I felt comfortable with her, though for no ...
A: Since your listing is up, I would suggest that you think about listing with someone else. The home ...
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| Bying a home | 5/23/2004 |
Q: I am in the military and will be relocating to the Jacksonville,Florida area in about 11 months. I ...
A: To answer your questions about relocating to Jacksonville, Florida; first of all there are several ...
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| Rent to own | 5/17/2004 |
Q: We are ready to get our first home, but our credit is very sad (mainly in showing late payments ). ...
A: This is a good way to get started and to own a home. However, the difficulty is getting a lender to ...
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| PROFIT | 5/17/2004 |
Q: I HAVE A VERY BASIC QUESTION. EVERYONE WILL SAY HOW REAL ESTATE IS SUCH A GREAT INVESTMENT, TAX ...
A: The one thing that you didn't mention is tax advantage and write offs. The other thing I would like ...
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| Selling my home | 5/8/2004 |
Q: I have a few questions I would like to ask you. My wife and I are getting ready to sell our house ...
A: When selling a home by yourself, the first thing I like to know is if the Sellers have ever sold a ...
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| First Time Buyer Out of College | 4/12/2004 |
Q: Jessica, What advice do you have for a soon to be college graduate who is going to work full-time ...
A: I agree that renting is just throwing money away and one should only do it under the most dire ...
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| question on real estate | 3/25/2004 |
Q: ! From your profile on All Experts, I knew you would be a great candidate for this. The list you ...
A: The book uses the format I use on Allexperts. There are questions and answers as I received them ...
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| question on real estate | 3/25/2004 |
Q: I have several home improvement website I market heavily on the internet, generating 4600-5000 ...
A: I would be happy to write articles for the website. I have published a book and have many good and ...
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| Selling home | 3/1/2004 |
Q: I'm planning on moving this summer. I have already done several things to the house, but I'm ...
A: With the market in Northern California being what it is, it seems like just about anything sells and ...
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| real estate agents' schedules | 2/16/2004 |
Q: I was wondering if realtors really have complete control over their time? Can they start and end the ...
A: First of all, I would like to apologize for not answering you right away. I am not receiving my ...
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| Buying condo from relative | 1/12/2004 |
Q: I live in Ohio. I will be selling my current home in 2004 and buying a condo from my sister. How do ...
A: First of all, I would like to apologize for not getting back to you sooner. I never received the ...
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| condo/townhouse vs home | 11/20/2003 |
Q: I'm a first time buyer. In regards to the pros and cons of my question, I have heard differences in ...
A: There are differences in ownership between condo and townhouse owners. Usually, in a Townhouse, the ...
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