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Home Selling : Nationwide Real Estate Advice

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A few hours ago
Mary answered:
Hi,

Thank you for contacting us. I apologize if you experienced any inconvenience or frustration with editing your for sale by owner listing and I am happy to help take care of your concern. Upon checking, I've seen that your listing is now posted as Pending on ZIllow. Please kindly extend your patience and allow 24 to 48 hours for this to take effect to Trulia.

Let me know if you have additional question and I will be happy to assist you.

Thank you for using Trulia!

Mary
Consumer Care Advocate
... more
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A few hours ago
Ingridsumrall asked:
My phone number is 541.476.1614. I used to work for Exit Realty as a secretary, and I do not recall ever giving anyone my phone number. I do not want to receive phone calls any more.
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A few hours ago
Kkgelt asked:
A few hours ago
Josh Manno answered:
As a solar inspector we factor the "Value" of the system differently in that we provide a TRUE dollar value for the actual equipment in it's current state and we then project the "Savings" in electricity as evaluated against current tier pricing as outlined by the utility. What most homeowners don't understand (and it's not the homeowners fault; the installation company simply didn't educate the homeowner) is that these systems need maintenance. I'm not talking thousands of dollars worth. I'm saying that with regular cost effective cleaning and maintenance makes a big difference in production and long term energy savings. Homeowners who are looking to sell and or buy solar ready properties are best off if they do their homework. These systems are graded for 20-30 years of service depending on manufacturer and inverter brand. More realtors need to do their homework here and start including solar inspections to those listings that have solar arrays. We've done hundreds of these for realtors all across California and AZ and there are a lot of dollars left on the table for home sellers and a lot of dollars missed out on by new home buyers because they didn't know the status of the solar system. ... more
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A few hours ago
Bernardguste answered:
Do you need to wait 6 months to refinance - Fannie Mae and Freddie Mac do not have this requirement at this time. I'm aware of lenders in the past that did have this requirement and it might still be out there. At Gulf Coast Bank you can apply for the refinance while the house is still listed but it has to be removed from the market before closing.

Regarding the definition of cash out pertaining to your 2nd mortgage - If your 2nd mortgage was executed on the same day as the purchase it will not be considered cash out.

Some lenders and product options will limit the amount of money you can take out if the property was listed for sale within 6 months but if you are doing a rate and term refinance there are plenty of options to refinance immediately.

VA would be an option if eligible for VA benefits.

Bernard Guste
Gulf Coast Bank
New Orleans, LA
504.412.2005
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A few hours ago
Patrick Brogley answered:
This is a wonderful thread, lots of fantastic debate on both sides. I also agree it depends on the unique situation of the seller and their level of experience. All of these numbers are great, finacially at first glance they make sense. My question is why has no one asked a better question regarding the success of limited service listings? I sell real estate in North Port, FL which is a very hot market. North Port MSA is the 10th fastest growing community in the country. After one search to see the success of limited service listings in North Port, specifically 34291 zip code, the zip code in which I reside and service, I found that 80% have been withdrawn; 4 out of 5 homes in the last 30 days. It would be reasonable to say even in a sellers market these sellers are not getting the satisfaction theyre looking for. Dont just list. Market to sell! If you are looking to sell your property find an agent who will bring a valuable service to the table, I.e. Marketing and advertising. Listing property for sale is only 20% of the game. Exposure, visibility and marketability to increase showings and traffic is 80% of the work that goes behind the scenes. With gratitude, Patrick Brogley Keller Williams on the Water (941) 387-6383 Create curb appeal patrickbrogleyrealestate.com ... more
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A few hours ago
Prettypup0654 answered:
Earlier today
Kathy Burgreen answered:
You cannot sell your house period. If you list your home with a brokerage, your agent will verify the property information with the county and when he/she discovers you added 200 sq. ft. With no permits, your agent will tell you to rectify the issue first before putting your home on the market. If your agent fails to verify the information with the county, later in the process, your buyer's team (realtor, appraiser, home inspector) will verify the property information with the county and you will end losing a deal.

The only method you have is selling your home "as is" to investors who will pay cash BUT beware - investors will pay much less than what your home is worth.

Best method - pay the penalties & property taxes owed (you owe taxes on the additional square footage) and sell your home for full value.
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Earlier today
krobic asked:
Earlier today
Kathy Burgreen answered:
No. As a former realtor, ALL listing contracts are with the brokerage - not the individual realtor. Realtors / agents are independent contractors working under a brokerage so a listing contract is with the brokerage company.
Sellers who are dissatisfied with one agent have the right to complain to the Office Manager / Broker in Charge and ask to be assigned to a different agent - as long as the 2nd agent is within the same office / brokerage.
If a seller wants to switch brokerages, sellers have to wait until their listing contract expires.

I'm not sure which one you did. Did you sign with the 2nd agent after your listing contract expired or before?
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Yesterday at 6:19pm
Rich Reed answered:
Generally, property is sold (transferred) through an escrow and all persons on title (owners) must sign the transfer documents. The money is received by the escrow company and distributed to the sellers according to their equity. Your particular situation may be different and you may wish to obtain legal counsel. Hope this helps! ... more
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Yesterday at 4:14pm
Sqmartin asked:
Yesterday at 3:27pm
Mary answered:
Hi,

Yes, your listing on Zillow will automatically syndicate to Trulia after 24 to 48 hours of activation. Please also note that once you post this as For Sale By Owner, you will receive an email to verify your ownership of the property. This is Trulia's way to keep the site safe. I am requesting you to please kindly extend your patience.

Thank you for using Trulia!

Mary
Consumer Care Advocate
... more
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Yesterday at 3:06pm
Housesalequestion asked:
0 votes 0 Answers Share Flag
Yesterday at 12:55pm
James Francis Conley asked:
how do I set up a seller's house for sale page
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Yesterday at 11:24am
Vaughn Frick asked:
A realtor has purchased an ad on your site that purports to provide a link to us when in fact the lead is sent to him instead. In short, he is pretending to be the owner. I assume this…
0 votes 0 Answers Share Flag
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