Yes, they should, screen tenants credit, rental history and in most cases do a background check.
Lets say that you buy a property for $100000 and want to rent it for $1000 a month, would you rent it to the first person that says they can pay for it? Or will you protect your investment and avoid risks of losing money because a tenant that just moved in can't afford the rent on a monthly basis, or is always late, while you have to pay for property taxes, insurance, income taxes, etc.
Hope this helped.
Franches Schnell, REALTOR SFR
813 784-2663... more
Hello Mrs. Ashley,
First thing you should do is get copies of BOTH your credit reports.
You will want to make sure the information on them is correct.
Next, speak with a mortgage consultant. I suggest you speak with some one at the bank or credit union where you do your personal banking.
They can inform you if you can qualify for a loan now, and if not they can give you some advice on how to improve your scores, or reduce some debt to get yourself in a better position to be approved at a later date.
I wish you the very best!
Kawain Payne, Realtor
Prudential California Realty... more
very much so. Give me a call so we can discuss your needs and wants. I have been in real estate sales for almost 20 years and will be happy to help you find the right home.
We look forward to working with you.
Bill and Lois Szydlowski
For any questions regarding safety and community Hillsborough County has an interactive map that can help you determine the answer to this question. You can follow this link to the interactive map supplied by the Hillsborough County Sheriff's office.... more
Plant High School
Robinson IB High School
If there is anything else I can help you with please call!
Keller Williams Realty
Tammy if you purchased at the HOA foreclsoure you would still be responsible for the first mortgage, any other mortgage, back taxes and hoa fees. At this point you will want to meet with an attorney who can inform you on what needs to be done. It may be as easy as evicting the occupant but you would still owe all those mortgages, taxes and back fees. Hopfully you reserached all this and had a title search done before buying at an auction. A FLA lawyer can easily explain teh process and most 2st meetings are at no cost. good luck working things out... more
I assume when you say within $20k you mean $20k below list and this is a short sale or is it a foreclosure? For both short sale and REO (foreclosure) homes, it is common for listings to have multiple offers due to the limited inventory of homes. Speak with your agent about the sales comps and find a reasonable amount to offer. Don't have an agent, get one, preferably a Realtor with the ABR designating and SFR certification.... more
Hi Ms. Lyon!
Great question! Our team focuses on the Westchase and surrounding areas. Westchase is a very well maintained area with excellent school zones. There are a number of community activities as well as shops, pools, and more. You can search the area on our website at www.seachwestchase.com.
Please let me know how we can help!
It is a really growing area and a lot is happening in that community. There are a lot of older homes with tons of character and charm and buyers are going into that area and remodeling them. The location is great and close to many things. A big plus for that area is that restaurateurs are opening up trending and hip restaurants. It's been my experience that when these things are happening in an area that means good things and opportunity for homeowners.
If you would like to have a chat and discuss the area and homes I'd love to assist you.
Cody Powell, Realtor
CDPE, CIAS, LCAM
J.Powell Enterprises, LLC
C. 904.710.8057... more
From my experience most heirs will want market value so I don't see any real advantage to trying to search out these Sellers. Now if the heirs have a financial problem and you can pay Cash and close immediately to prevent a tax deed or foreclosure auction then you may be able to buy below market.... more
Unfortunately, no, not that I know of - you can get an FHA loan and ask the Seller to pay up to 6% towards your closing costs but all down payment programs normally have some kind of income requirement. The other alternative is to look at a USDA loan which is 100% financing but only certain areas qualify such as Riverview and Plant City, and Fishhawk Ranch.... more
I can help you with your requirements once we discuss your crteria etc. I would suggest looking at my website also as the is an investor section that has information that would concern what you want to do.
Castle Dream Real Estaet, LLC
I don't think this will attract more interest. Most people who can afford a great home also have their own stuff, or they'd like to get new stuff - to their own taste. You can offer to sell the furniture separately, (which I would do anyway as you wouldn't want a $25 chair to kill a $750k deal), if you'd like.
Also, by owner may seem like a good option to you, and I wish you good luck with this. However, in the current market, especially in Grand Hampton, where there are lots of homes and builder homes competing with yours, you really need all the exposure you can get. That's what a good (I did say good, and not all are created equal) realtor can give you. Please visit www.560Severn.com to see some of what I can do. Remember to click on the HomeVidy Tour, which is something I do for luxury homes - no charge.
And, you may not realize that, usually, a good realtor will sell your home for more than you will. And the difference is usually enough that, even AFTER all closing costs and commissions, the seller nets more money than they would have selling it themselves. There are logical reasons for this... One is, people who buy FSBO's (For Sale By Owner properties) are looking for a bargain, especially today, and will make lowball offers almost every time. Which tends to drive the sellers expectations down, and they end up selling for less than the home is worth... In today's market, that's happening all the time.
Please visit my web site: www.PrettyDogRealty.com for more info about this and other subjects that should interest you and help you sell your home.... more
Despite it being a good question,
I think the answer is simple; NO.
A REFERRAL is for a particular situation, and the Realtor has no obligation to pay for life.
It the Client was close to the first Realtor, that Realtor should keep in touch if he wants future business from that Client. If not, then they have nothing to expect.... more