Real estate questions, answers, advice, opinions, blogs & articles page 3169

Is there a standard time that an offer to purchase should be responded to in IL?
I placed an offer with a seller (individual- NOT a bank) and used the standard form. I do not see that there was a response time on the standard form I used. Is this typical?
It’s a Big Ol’ Digital World Out There!
Our digital world has gotten so huge that if considered as an extension of our physical world, we would not be able to comprehend the magnitude. Digital technology has brought amazing change to the business…
Is Your Home Priced Too High?
How To Tell If Your Home Is Priced Too High...   1.  If your home has been on the market a couple of weeks and you have had no showings it is priced too high;   2.  If you have had several showings…
What are real estate web sites with the highest number of visitors ?
I am planning to sell my townhouse in Newton, MA and am wondering if somebody has any statistics on the web sites? Which ones have most users and are most successful in attracting buyers.
Is this property still available? Any contract on it? Who to contact?
Condition of house -- This question is about this property: http://www.trulia.com/foreclosure/3021787653--Mccambell-Cluster-Centreville-VA-20120
What can a real estate agent and broker require you to sign in a real estate deal?
.the seller and his real estate agent were not...the selling real estate agent wants...
BE HONEST, IS THIS A BAD PAYCHECK FOR 5 HOURS WORTH OF WORK?
This deal came from Trulia.  Condensed for convenience:8/3/10 - Joey (not his real name) writes me verbatim:  Hi Im looking to rent my house in _______ beach, fl.  I was wondering if you do rentals.…
Orange Park South Florida Home Sales 2010
Orange Park South Home Sales - Market Report October 2010    Orange Park South  is located right off county road 220 just east of collage Dr. in Middleburg, Florida. Orange Park South has around 897…
I'M A LISTING AGENT, TOO, BUT I DON'T DO LISTING PRESENTATIONS. HERE'S WHY.
Alright already!  Enough with the doom and gloom for just a couple of minutes while you read this blog. Let's get back to really-real estate for a moment.....the reason we're all here today. The whole…
Just Listed this lakefront home in Four Seasons – 163 Belle Vista Ct. – Won’t Last Long!!
Fantastic lake home package deal on Four Season’s most exclusive address. Furnished turn-key home features attached guest house with full kitchen and bath, large level lot with level circular driveway…
Can a House That Causes Stress be Termed a Vacation Home?
A place for living is a must for all but none really needs a second house as a vacation home. It is however fun to choose a vacation unit and purchase one. But unfortunately afterwards it becomes more…
New York Courts First in Country to Institute Filing Requirement to Preserve Integrity of Foreclosure Process
The following is from a NYS Unified Court System Press Release: New York Courts First in Country to Institute Filing Requirement to Preserve Integrity of Foreclosure Process NEW YORK – The New York…
I would like to know if there is a way to get a hold of the own of the house at 6167 Heathwood west?
-- This question is about this property: http://www.trulia.com/property/3028993382-6167-Heathwood-W-247-White-Lake-MI-48383
Where can we find Rent to Own buyers?
Hello, My partner buys a lot of houses that we like to sell to Rent to Own buyers. I'm looking for anyone who has access to Rent to Own buyers, to see if we can get together and put some deals…
What constitues a bedroom in Atlanta Ga. continued?
All, I certainly appreiciate all the responses. The appraiser would not talk to the seller. The bedroom, in addition to having a regulation window, private entrance etc., has a dedicated HVAC. Three bedrooms…
Is this property on the ground floor? Monthly HOA? 111 Shore Court, North Palm Beach FL 33
-- This question is about this property: http://www.trulia.com/property/1075213418-111-Shore-Ct-North-Palm-Beach-FL-33408
LOOKING FOR MODEST RENT CONDO.
I'm looking for a modest condo, to rent. Not expensive. Preferably in a 55 ACTVE Community setting! The location? Either CLOSE TO Hawthorne or Haledon, New Jersey OR- in Lakewood, New Jersey
Wall Street Journal reports "Higher Suburban Home Prices"
On October 13, 2010 WSJ published an article about "Home deals in suburbs start to dry up, city exiles face higher suburban home prices""....The stabilization of the Wall Street economy is helping drive…
The Seller's Role in the Marketing Process by Laurel Grandle, REALTOR
The Seller's Role in the Marketing Process by Laurel Grandle, REALTORby Laurel GrandleMost of the time, the residential process goes something like this:  "Hello.  This is Jan.  Remember that house…
October Homes for Sale San Ramon CA
Homes for Sale in San Ramon California Real estate activity is increasing in the older part of San Ramon between I-680, Montevideo and Alcosta Boulevard. Here's the breakdown of recent MLS Activity for…
Why Move Up Now?
Should I move up to a better home now? Now is the time. While most properties have decreased in value, consider this scenario. You live in a home that was worth $150,000. and is now worth $135,000. You…
TGIF...Finally A Common Sense Approach To Dining...Heavy Burger Rock Bar, Aventura, FL
“There’s no place to go around here!”  These words have echoed through Aventura for years. Making a joint the “place to go” does not have to be complicated. The same formula for success that…
Seller Price Reductions
Trulia.com, a top site for home buyers, sellers and renters, announced that price reductions for home listings currently on the market in the U.S. have increased for the fourth consecutive month to an…
Life in Prosper, TX: Remember to schedule routine checks on gas fixtures
You moved to Prosper, TX.  You love your home.  You change your air filters out quarterly.  You mow your lawn every week.  You put out fresh mulch in the landscaping once a year.  You run your sprinklers…
Home Glut Blamed on Fewer New Households
According to the National Association of Realtors®, there were 357,000 new households created between March 2009 and March 2010, down from about 1.3 million per year between 2002 and 2007, according to…
How to Sell Your Premium Oklahoma City Property in Today's Market
You have a beautiful home with many added features. The sun room is relaxing, the vaulted ceilings are elegant. With a "premium property" like this, you may want to overprice, which will scare perspective…
Location is King!
Location, Location, Location! It’s an age old real estate adage – it’s all about location. It’s actually pretty hard to go wrong on the location front in Sarasota, but the diversity of available…
States Plan to Investigate Mortgage Servicers
The National Association of Realtors® reports that a coalition of attorneys general from as many as 40 states is expected to announce Wednesday the launch of a joint investigation of the mortgage-servicing…
Did You Know? FHA May Require That You Make a 10% Down Payment!
Taken directly from the October 21, 2010 notice from the Desk of David H Stevens, Assistant Secretary for Housing/Federal Housing Commissioner: "Credit Score and Down Payment Requirements Also effective…
Major Settlement in Chinese Drywall Litigation
According to the National Association of Realtors®, a major settlement in Chinese drywall litigation was reached Thursday.A federal judge in New Orleans approved an agreement among home owners, importers,…
Latest Statistics for Folsom CA real estate
Approximately 25% of current inventory pending a closed sale!There was an interesting question posed on Trulia today that asked for the latest statistics on Folsom CA real estate and that got my little…
Best-Case Scenario for Foreclosure Freeze
Gregor Watson, a principal with McKinley Partners, a development company that buys foreclosed homes, told listeners on a Citi home-builder conference call that there were three potential outcomes from…
UPDATE: MORE VIOLENCE AGAINST R.E. AGENTS. WHAT'S THE BEST DEFENSE?
Wow, now real estate agents are going to be an 'easy mark' for bad guys?  Like we don't have enough to worry about in this stressful little biz of ours. I didn't write this blog to scare anybody, just…
I am looking at buying a condo near the Univ. of Tennessee, what do I need to know?
I would like to look at a possible long term investment of a condo at the University of Tennessee and I'm not sure of what to look for (size, market up or down, costs, etc). I am a young individual with…
Keller WIlliams Realty Uses QR Code Technology to Increase Exposure of their Seller's Properties to Consumers Fast and Easy
10/22/2010Virginia Beach, VA – "Technology consulting firm Gartner predicts that QR (Quick Response) Code use will explode soon in the United States." says Doug Wolfe, Keller WIlliams Realty. "We now…
Conflicting answers from different lenders in NY State. Is an FHA loan still assumable? Some lenders tell me yes. One said no. Help please.
This would be a strong selling point if FHA loans are still assumable. Are there any tax benefits of acquiring an FHA loan?
Low Rates and Large Inventory...
Low rates and high inventory, throw in great credit scores over 600 and you have a recipe for a superb buyers market with unprecedented opportunities. I know, I am a Realtor and you think I just want your…
14 Tips for Efficiently Closing Your Summer Home for the Winter
RISMedia posted an article with 14 tips for efficiently closing your summer home for the winter.After a lovely summer in your cabin or cottage comes the ugly job of closing up for the winter. Use this…
10 Financing Tips Before Buying a Home
RISMedia posted an article with a few financing tips to think about before buying a home.There are so many things to understand as you embark on purchasing a home, especially if it's your first purchase.…
my question to you guys are.. my mothers house has now gone into forclosure and my mother wants to walk away from the house and cut all ties. my
question is how do you bring up the cash for keys to the bank(wachovia) and how much would we possibly get out of it???
Income Tax on Rental Property Short Sale? Some Answers.
A follow-up question from: The Top 5 Tax Perks for Buyers, Sellers and Homeowners - 2009 Tax EditionQ:  What about for a rental property being short saled? By Anita,  Thu Mar 25 2010, 23:11A:  Anita:…
Keep it Warm!
Cooler weather is here, and the temptation to keep the heat low to save dollars is real. But, if you have a house on the market to sell, we need to show a warm home. Turn the heat up to 68 for our showings...don't…
When your doing a short sale and if there is reduced pay-off at the end of the process, who is paying execs?
I and my husband want to do short sale, but we are in dilemma what is better short sale or foreclosure. We live in the area where we going to have reduced pay-off of our house. If there is any execs and…
THING 5 - Convince your children to share their candy with you.
Since my daughter is 1 and I am too old to go alone, you won’t see me at tonight’s Annual Halloween Happenings at the Western Civic Center in Glenville.  It looks like a neat family event and one…
hello there i want to know if the property is still up for sale or it is gone please
-- This question is about this property: http://www.trulia.com/property/1092292029-2382-Monte-Villa-Cts-Marietta-GA-30062
Top Real Estate Firms in Virginia Beach
Top Real Estate Firms in Virginia Beach is not that easy to determine.  Mainly because most agents are independent contractors and don't necessarily own any shares of the actual firm.  Keller Williams…
Homes in Cedar Mill
Homes in Cedar Mill are currently going for right around $170,000.  These town-homes are perfect for first time homeowners as an alternative to renting as well as current homeowners that are looking…
Hi Sandy, Nesbitts again - noodling around internet, found this plot of land, perchance there are 2 acres available? and, is it in a flood plain?
See it's been on the market for a while, if there is are 2 acres, would the seller be interested in selling them as a block, and what kind of deal could be made as far as price? Would the seller take…
How Paying Cash Can Hurt You!
This is a heads up to all potential buyers who pay cash for their purchases, including cars.  You've been pounded through advertising and family "scaring you to death" about debt.  The truth is that…
A Lot Of Different Activites In Columbus, MS This Weekend
Last weekend Columbus hosted multiple events. This weekend is no different. Let’s examine the many quality of life events in Columbus that is proof this city has something for just about every interest. The…
In Ga, if a one of the spouses from a married couple dies and they live in a home purchased by the child, what happens?Living spouse has been paying
Child purchased home for mother. The mother and mother's husband had been paying the note and taxes. They were married for over 10 years. Can the stepfather claim the home?
What happens to the excess if you sell a home for more than the net price required by a lender in a HAFA approved short sale?
As most of you know, HAFA pays the seller $3,000 at closing for moving expenses. I have a case pending now that may net more than enough to pay all closing costs (agents' 6%, seller's $3,00,…
If I buy a home with acreage, could I divide the property and sell the home. Thereby keep the majority of land? Would the mortgage company allow it?
When the mortgage company does an appraisal of a home do they accurately account for the acreage of the property?
Does anyone know if this house is sold yet?
-- This question is about this property: http://www.trulia.com/property/1026613385-20255-Norwood-St-Detroit-MI-48234
What should I offer as earnest money when buying a home?
Another term for earnest money is deposit.  Earnest money is the amount of money given by the buyer to the seller with an offer to purchase a home.  The purpose of the deposit is to show good faith that…
My husband and I are considering putting our house on the market and buying a less-expensive home. How would we get started?
What do I need to know before we decide or start anything? What information should I search for first? My husband wants me to do some homework before actually contacting a realtor. What questions do I…
World Class Bio Tech Growing in St. Lucie
Ground was broken this week for VGTI Florida, Vaccine & Gene Therepy Institute's new facility near Torry Pines in Port St. Lucie. VGTI Florida's research on vaccines that fight Cancer and infections…
HI! IS 982 THORNHILL DR SOLD?? DO YOU KNOW IF IT IS AVAILABLE? THANKS, MARGARET
-- This question is about this property: http://www.trulia.com/property/3017044752-982-Se-Thornhill-Dr-Port-Saint-Lucie-FL-34983
Bottoms Up???
Bottoms Up???I read a sensational blog post today from North Carolina activerainer, Tish Lloyd titled, I'm going to wait for the market to hit bottom before I buy. It's about timing the bottom of the…
Make a Difference Day....October 23, 2010
Tomorrow is "Make a Difference Day"We have decided to help our local community by collecting food and hygiene items for the Westmont Food Pantry.Below is a "Critical" List for items that are needed:We…
home is in foreclosure and is scheduled for sale 11/11/201 i do not want to pay the taxes due
do i have to pay the taxes due? don't want to keep home as finances are no great since my husband lost his job. and planning on relocation in the next two years
Buyer ask "Why I have to get a pre- approval from seller's preferred lender"
Many foreclosure homes, new construction, few short sales and resale homes will require you as a buyer to pre-qualify with seller's preferred lender along with your offer in the Virginia real estate…
Palm Beach County Foreclosure Auctions Return to Normal
After a shortened auction calendar last week, because of Columbus Day, things got back to normal this week with three auction days. Suspended sales by Bank of America, GMAC and JP Morgan Chase also played…
Long-Term Mortgage Rates Rise Slighty
Freddie Mac today released the results of its Primary Mortgage Market Survey showing that the 30-year fixed-rate mortgage rate rose slightly for the first time in five weeks.  30-year fixed-rate mortgage…
Gas Appliance Connectors
Yesterday I wrote a blog about the most common places to find gas leaks, and I said I'd follow up with a blog about gas connectors - those short, flexible, corrugated things that are used to connect gas…
Ally Removes Foreclosure Freeze
Ally Financial (GMAC’s mortgage unit) has lifted their temporary foreclosure freeze, joining Bank of America in proceeding with the foreclosure processes in the 23 states requiring judicial review. While…
Mixed Message from The New Residential Construction Numbers
Good Morning !    We have posted in our Blog with the topic, "Mixed Message from The New Residential Construction Numbers", which looks at the recently released numbers and takes a closer look at what…
5 Reasons To Buy or Sell A House NOW!
This is a blog article I found last week.  I've shared it with several of my Realtor friends as well as buyers and sellers.  It's such good information, I'd like to share it with you.  Here's a link…
Negotiate Your Best House Buy--By: G. M. Filisko
Published: June 4, 2010 Keep your emotions in check and your eyes on the goal, and you’ll pay less when purchasing a home. Here are six tips for negotiating the best price on a home. 1. Get prequalified…
Keep Your Home Purchase on Track
By: G. M. Filisko Published: March 30, 2010 You’ve found your dream home. Make sure missteps don’t prevent a successful closing. 1. Be truthful on your mortgage application You may think fudging your…
Echo Amphitheatre near Abiquiu NM
I was driving back from Tierra Amarrilla NM today and I took a few minutes to stop off at the Echo Amphitheatre near Abiquiu NM. When you're driving south on 84 from Tierra Amarrilla you come around…
The Trails Community Park
The Trails Community Park is located in The Trails Subdivision in Ventana Ranch. The Trails subdivision is located south of Rainbow Blvd in the southern part of Ventana Ranch. The Trails Community…
Rio Rancho Presbyterian Hospital
Re-blogged by 0 agents They've made great progress on the new Rio Rancho Presbyterian Hospital. I stopped by to take some pictures last week. Ha ha, fooled ya, that's not the hospital that's just a cool…
Wells Fargo Short Sale SOLD in Lake County Illinois by Michael Sorensen Short Sale Group @ REMAX CITY Chicago
www.msorensen.remax-ni.com MICHAEL SORENSEN Short Sale Group @ REMAX CITY represented the seller of this home.Status: SOLD (Short Sale)Lender: Wells Fargo Mortgage31590 Tall Grass Ct - Unit 1Lakemoor,…
how can i determine the tax valuation of a particular property?
i am renting a house with option to buy. owners are asking more than i think is fair in today's market. how can i determine the tax valuation of the property and/or what the property previously…
Foreclosure Baloney
I don't get this foreclosure moratorium stuff.   I don't understand why the press and politicians are putting so much into it. I can assure you the banks are not foreclosing on anyone current on their…
Are there ANY decent Realtors out there that will answer some of my questions? Mine, wont. Bad info everywhere
If you are in escrow with a bank for an agreed price and you have the property inspected and appraised andand you have the property inspected and appraised andthe appraisal comes in lower than the price…
My Credit Scores are 750-815, What Kind Of Down Payment Do In Need for a house listed for 149,000?
What is a fair bid on 149,000 and do you have any programs for Disabled American Veterans?
Tucson Real Estate: Our government is looking at foreclosure practices – FINALY!
Housing Secretary Shaun Donovan is leading 11 agencies Task Force looking into foreclosure activities. Stated objective is to look at not only related documentation process but to determine whether lenders/banks…
Boulder Condos Market Report - Sept 2010
Boulder Condos and Town Homes Market Report The information provided here is from Denver Metrolist Inc. and it may not represent all real estate activity in the area as Metrolist is not the only Multiple…
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