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Chadwick Har…, Real Estate Pro in Jacksonville, FL
Chadwick Harris REALTOR answered:
How long does the bank have to accept or reject our terms on a short sale? It has been more than 30 days since our offer was accepted by the owner.
Geri N Chris,

Two good question to ask on the front end of a short sale are "Has the list price been approved by the lender?" and "How many lien holders need to be satisfied?" This w ... more
0 votes Share Flag Wed Oct 9, 2013 Home Buying in 32223
Steve (888)…, Real Estate Pro in 33480
Steve (888) 662-4404 answered:
I am moving to Miami from Denver, CO. My family and I are looking to buy a new house in Broward County. Who are some builders that I can look to?
-
-MORTGAGE BROKER RESPONDING

>>>>>> HUGE PAYDAY awaiting ANY buyer's agent that simply registers you in at any builder!

Sometimes this Buyer's Agent Payday is up to 5%!!

Exam ... more
0 votes Share Flag Tue Aug 13, 2013 Home Buying in 32223
Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
Is it still possible to get a home loan (first time buyer) with a low credit score (630 according to TransUnion) and 100% financing or no money down?
The scores you find online are different that what a mortgage company will pull, could be higher or lower and they pull all 3. You get a loan now with a 580. FHA can go down to 580 but ... more
0 votes Share Flag Wed Jul 10, 2013 Financing in 32223
Ashley Stokes, Real Estate Pro in Jacksonville, FL
Ashley Stokes answered:
would a home in 32223 qualify for USDA mortgage?
Just to save you some time here is the direct website you need to search the property address. There maybe a small tip of Duval that may be covered but as a whole no.

http://eligibil ... more
0 votes Share Flag Sat May 11, 2013 Home Buying in 32223
Brian Mclogan, Real Estate Pro in Jacksonville, FL
Brian Mclogan answered:
Made an offer on a short sale, seller accepted it, 60 days later mortgage company wants seller to bring money to closing, seller and seller agent
If its not written in te contract them you may walk. If its worth it see if you can negotiate it down and pay the extra you need to finish the sale
0 votes Share Flag Wed Feb 6, 2013 Home Buying in 32223
Danbarnes47, Home Buyer in Jacksonville, FL
Danbarnes47 answered:
Do buyers have any rights in a short sale?
Don't get involved in a short sale with chase bank.. total SCUM-BAGS. liars nd thieves !!!!
0 votes Share Flag Thu Nov 15, 2012 Home Buying in 32223
Rosina Eisen…, Real Estate Pro in Jacksonville, FL
Rosina Eisenmann 904-482-8666 answered:
how much cost to build a house in florida?
Hi Ziv. A lot depends on what materials are being used in the construction. Is it a land/home package? Is it your land and you just need a Builder? Concrete or Frame? I work with severa ... more
1 vote Share Flag Mon Aug 13, 2012 Home Buying in 32223
Donald Price, Real Estate Pro in Orange Park, FL
Donald Price answered:
I put an offer in for a short sale, the bank approved it, and now after 90 days the sellers brother is making crazy demands. What are my rights?
Shortsale, Your rights are in the purchase and sale agreement. The brother has no say after the fact. I hope you used a Realtor that has training in short sales. The bank accepted your ... more
0 votes Share Flag Mon Sep 5, 2011 Home Buying in 32223
Tom Priester, Real Estate Pro in Jupiter, FL
Tom Priester answered:
Does anyone know where I can find a web site/list with people looking for a land contract?
Yankee,

Plenty of cash strapped, financed challenged buyers out there that would love to enter into a land contract with you. However making sure it is a valid contract that will be ... more
0 votes Share Flag Mon Jul 4, 2011 Home Selling in 32223
Tom Priester, Real Estate Pro in Jupiter, FL
Tom Priester answered:
I have a 3br/2BA home in Mandarin that I would like to land contract. Does anyone out there know of anyone interested in a land contract?
Yankee,

Plenty of cash strapped, financed challenged buyers out there that would love to enter into a land contract with you. However making sure it is a valid contract that will be ... more
0 votes Share Flag Mon Jul 4, 2011 Home Selling in 32223
Mark Good, Real Estate Pro in Jacksonville, FL
Mark Good answered:
Is the bank obligated to sell a short sale home if they get an offer for the asking price? They are the only bank involved.
The short answer is NO and NO which is a shock to some people. The real decision maker is the holder of the loan. Usually it is not the bank as they are only the servicer of the loan ... more
0 votes Share Flag Sun Jun 12, 2011 Home Buying in 32223
Voices Member,  in
Voices Member answered:
I have submitted an offer on a short sale and the seller is not accepting any offer until he finds someone who will rent to him. What can I do?
Alma said it right - keep looking.

I'm sorry to say that if you really want this house you may need to wait until after the bank acquires it and even then there's no guaran ... more
1 vote Share Flag Wed May 11, 2011 Home Buying in 32223
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
Is it faster to process short sale transanction if you make a home loan from the lender who is the lien holder of the house on short sale.?
Hi Mau:

No difference at all. If there is 1 lender it will be slightly less than if there are 2 lenders.
By that I mean if a seller has a first say with Citi Bank and a Home Equity ... more
0 votes Share Flag Sat Jan 8, 2011 Home Buying in 32223
Sharon Alters…, Real Estate Pro in Fleming Island, FL
Sharon Alters (904) 673-2308 answered:
Is it possible to get 90% financing for a $500,000 home in Mandarin?
Good Evening Mr./Ms. Tottenham,

If your credit scores are excellent, then yes. At least it was possible a few months ago. We worked with a buyer who I believe got a 95% loan through ... more
0 votes Share Flag Mon Apr 5, 2010 Home Buying in 32223
Tita Garcia, Real Estate Pro in 32092
Tita Garcia answered:
If you do repairs while buying a home and the seller changes her mind about selling, do you get your money
It looks like you're asking a hypothetical question, or is it not? Like my fellow Realtors had mentioned, repairs need to wait until after you own the property, otherwise the liab ... more
0 votes Share Flag Mon Aug 24, 2009 Home Buying in 32223
Jason Lindsay, Real Estate Pro in 32205
Jason Lindsay answered:
What are my rights as a buyer?
Hi, Shortsales provide a unique opportunity for buyers these days. The drawback is they can take a long time to close and issues often do come up while you are patiently waiting to hear ... more
0 votes Share Flag Wed Jul 1, 2009 Home Buying in 32223
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
I live in Tampa FL and I have a situation where I just bought a house off of short sale and the owner wanted
Nino,

People often question why they need a real estate professional during a transaction....this is a PRIME example of the type of things that can happen when buyers are not well re ... more
0 votes Share Flag Fri May 1, 2009 Home Buying in 32223
jcs2000, Real Estate Pro in South Dakota
jcs2000 answered:
My husband and I are under contract on a bank owned home or (REO). We are having to deal with the bank's
The larger question is why you would want to sink money or purchase a property with mold and a leaky roof. There are plenty of bargains in this market that have neither issue. I would b ... more
0 votes Share Flag Sat Apr 18, 2009 Home Buying in 32223
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