Well, sounds like you need to make some decisions! Should you get another tenant? Should you sell the house? Should you fix it up before either choice? If you are not very comfortable with the renting process, you might consider using a property management company to handle it for you if you can afford to pay them a percentage of the rent. If you are thinking of selling, you should first consult with your accountant about any tax consequences of selling it after it has been rental property.... more
So sorry to hear about your recent experience in Florida! If you would like, please contact me, and I will be happy to refer you to an agent in Florida that specializes in condos and WILL call you!! Cyndi Stone... more
Most of the Sellers in Wentzville have realized that pricing their homes to sell in today's market get results.
I don't mean that they are giving them away....simply that they are pricing their homes within the range that the market suggests their homes are worth. Given that they are on the outskirts of the St Louis Metro area they are less likely to see results if they were to try and beat the market with an over priced home.... more
I just checked it out...that's weird! But you can still readd the pictures seperatly. Trulia is a search engine, so maybe it only picked up the one picture. Or if it was just listed, they might not be updated yet. Sometimes it takes 36 hours.
Good Luck!... more
It really depends on your neighborhood and what your home is already like. If you are a 2 bedroom home, adding a 3rd bedroom means a lotI, if you are a 5 bedroom home adding one doesn't mean as much. You need to sit down with a good Realtor who can do the comps on your home and advise you on what things will add real value compared to the cost of doing them, and what things will get your home sold faster (which if you are at the earlier stages with your mortgage can add greater value than getting a higher price because you stop making payments faster, which also means stopping insurance and tax payments sooner), so your NET is higher when you sell. Going for a higher price point, but sitting on the market longer to get it can sometimes actually cost you money when you look at the net profit vs gross profit. I always arrange to take my clients on a tour of their competition as well, so they can really judge what needs to be done to their homes.... more
I am a Realtor (specializing as a Buyer's Agent) in this area and have helped many people purchase foreclosures in this area, the commission is always paid by the seller - in this case the bank. I would be happy to email you some foreclosure listings to look over and set up appointments for any that you would want to see. I can also give you referrals to loan officers and title companies and any other real estate services you may need. Feel free to check out my web site listed below and contact me through the email link at the top right corner of the first page. I look forward to assisting you. There are many terrific deals in this zip code.... more
Some of the homes on that website are in pre-foreclosure, some are in foreclosure, and some are already on the market. The foreclosure process takes anywhere from 3-6 months, depending on the bank. That time starts after they get the owners to move out, and can start the foreclosure through the legal system. If the home is owned by a local bank, then the home will go to the courthouse steps. There the bank will offer whatever is owed on the property. If there is no one there to bid against them, then they take the home and put it on the market with a realtor, trying to re-coup their money. If there is a buyer there at the courthouse, the buyer will need to have cash ready and would be able to offer even $1 more and get the home. I have seen some homes go for $200,000 under the original asking price, and others that go back to the bank due to asking well over appraised value. I hope that I was able to answer your questions. I have worked with clients that have purchased homes on the courthouse steps, and I am very resourceful about finding out lots of information on the homes. Let me know if I can help you through this process. Thanks! Kelli 816-718-6863... more