Zillow Advice RSS: Question-Discussion-Guide,Home Buying,Woodbury- MN http://www.zillow.com/advice/Woodbury-MN/home-buying/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Home as an Investment http://www.zillow.com/advice-thread/Home-as-an-Investment/542020/ 3 replies Thu, 22 May 2014 15:43:00 GMT http://www.zillow.com/advice-thread/Home-as-an-Investment/542020/ 2014-05-22T15:43:00Z How do you buy a new home when you have a current home to sell first? http://www.zillow.com/advice-thread/How-do-you-buy-a-new-home-when-you-have-a-current-home-to-sell-first/534714/ My husband and I live in a "starter" home in the northeast suburbs of St. Paul, MN, and we are looking for a larger home nearby, like in the east or NE suburbs of St. Paul.&nbsp; We have lots of equity in our starter home, and it's in good shape; we don't expect any problems in selling it.&nbsp; A couple realtors we've talked to casually have said that, in&nbsp;"this" market,&nbsp;it's "impossible" to put an offer on a new house with the contingency to sell your current home.&nbsp; So then...how do we do this?&nbsp; Realtors have told us to sell our current home and then move into an apartment for a while if we don't find a house to move into right away.&nbsp; Moving into an apartment temporarily while we look for a house sounds awful.&nbsp; Is this really the only way to do it?<br \><br \>7 replies Tue, 01 Apr 2014 19:07:00 GMT http://www.zillow.com/advice-thread/How-do-you-buy-a-new-home-when-you-have-a-current-home-to-sell-first/534714/ 2014-04-01T19:07:00Z What would be the best case scenario? http://www.zillow.com/advice-thread/What-would-be-the-best-case-scenario/526991/ &nbsp;I have to buy a home to sell after 5 years or rent it. what would be the best case scenario? Ideally, how many years I should keep the property ?<br \><br \>5 replies Mon, 03 Feb 2014 17:23:00 GMT http://www.zillow.com/advice-thread/What-would-be-the-best-case-scenario/526991/ 2014-02-03T17:23:00Z Are FHA 203k rehab mortgage loans too difficult to utilize for first time home buyer? http://www.zillow.com/advice-thread/Are-FHA-203k-rehab-mortgage-loans-too-difficult-to-utilize-for-first-time-home-buyer/517197/ We are first time home buyers looking in the east side metro area of the twin cities (i.e. Woodbury, Oakdale, Lake Elmo, Maplewood, etc.). &nbsp;Who are possible lenders that do 203k rehab loans and do them smoothly that we can look into. &nbsp;We are still looking for that house with great potential to turn into our home!<br \><br \>14 replies Tue, 29 Oct 2013 19:16:00 GMT http://www.zillow.com/advice-thread/Are-FHA-203k-rehab-mortgage-loans-too-difficult-to-utilize-for-first-time-home-buyer/517197/ 2013-10-29T19:16:00Z How can I post a review for my realtor who does't already have a profile on Zillow? http://www.zillow.com/advice-thread/How-can-I-post-a-review-for-my-realtor-who-does%27t-already-have-a-profile-on-Zillow/517994/ 1 reply Tue, 05 Nov 2013 15:45:00 GMT http://www.zillow.com/advice-thread/How-can-I-post-a-review-for-my-realtor-who-does%27t-already-have-a-profile-on-Zillow/517994/ 2013-11-05T15:45:00Z Bank won't finalize mortgage http://www.zillow.com/advice-thread/Bank-won%27t-finalize-mortgage/480565/ Working with a direct lender and using FHA financing.&nbsp; Getting to the final stages of approval however the lender recently stated that no banks are willing to purchase the mortgage due to the LTV on our other house, which we are currently leasing out and have a 24 month lease signed (temporarily living with inlaws during purchase process).&nbsp; Banks are afraid of a buy and bail due to being upside down on the other house.&nbsp; Our credit scores are mid 700's, we have enough income to easily meet the debt to income requirements, and have full intention of continuing both mortgages and using the first one as an investment property for many years to come.&nbsp; <br/><br/>Lender is reaching out to brokers rather than banks and stated they see no issues with getting things finalized with this approach, just a couple more days and a few more signatures as we move.&nbsp; <br/><br/>Has anyone else ran into this situation?&nbsp; Any guidance, input, or reassurance you can provide would be great.&nbsp;<br \><br \>4 replies Wed, 27 Feb 2013 18:54:00 GMT http://www.zillow.com/advice-thread/Bank-won%27t-finalize-mortgage/480565/ 2013-02-27T18:54:00Z No zessitmate for property http://www.zillow.com/advice-thread/No-zessitmate-for-property/418440/ You have published information on all the houses surrounding 7146 Newbury Place, Woodbury, MN, but no information for 7146 Newbury Place.&nbsp; I am wondering why this house is excluded from your database.<br \><br \>1 reply Fri, 07 Oct 2011 18:12:00 GMT http://www.zillow.com/advice-thread/No-zessitmate-for-property/418440/ 2011-10-07T18:12:00Z Does a realtor get the standard commission (3%) from builders? http://www.zillow.com/advice-thread/Does-a-realtor-get-the-standard-commission-3-from-builders/391319/ I'm about 75% sure we will build but want to look at existing homes first.&nbsp; If I work with a realtor and end up building, first would my realtor get a commission from the builder, if so how much, standard 3%? Second, can they negotiate a better price from the builder? It seems like when I have gone through spec homes the base price to build is set in stone.<br \><br \>26 replies Fri, 18 Mar 2011 10:51:00 GMT http://www.zillow.com/advice-thread/Does-a-realtor-get-the-standard-commission-3-from-builders/391319/ 2011-03-18T10:51:00Z Moving Checklist http://www.zillow.com/advice-thread/Moving-Checklist/378898/ <p>I know this is an overwhelming task for buyers and sellers. Usually there are a couple things missed in the craziness of moving. I hope the following helping a little in the process. Let me know if I missed anything</p><br/><p><strong><u>Utilities:</u></strong></p><p>Electric, Telephone, Water, Cable, Gas</p><p><strong><u>Professional Services:</u></strong></p><p>Broker, Accountant, Doctor, Dentist, Lawyer</p><p><strong><u>Government:</u></strong></p><p>Internal Revenue, Post Office, Schools, State Licensing, Library, Veterans Administration</p><p><strong><u>Clubs:</u></strong></p><p>Health &amp; Fitness, Country Club</p><p><strong><u>Insurance Companies:</u></strong></p><p>Accidental, Auto, Health, Home, Life, Renters</p><p><strong><u>Business Accounts:</u></strong></p><p>Banks, Cellular Phone, Department Stores, Finance Companies/Credit Cards</p><p><strong><u>Subscriptions:</u></strong></p><p>Magazines, Newspapers</p><p><u><strong>Miscellaneous:</strong></u></p><p>Business Associates, House of Worship, Drug Store, Dry Cleaner, Hair Stylist</p><br \><br \>2 replies Wed, 29 Dec 2010 17:30:00 GMT http://www.zillow.com/advice-thread/Moving-Checklist/378898/ 2010-12-29T17:30:00Z Certified Luxury Home Marketing Specialist http://www.zillow.com/advice-thread/Certified-Luxury-Home-Marketing-Specialist/378900/ [content removed by moderator]<br \><br \>9 replies Wed, 29 Dec 2010 17:36:00 GMT http://www.zillow.com/advice-thread/Certified-Luxury-Home-Marketing-Specialist/378900/ 2010-12-29T17:36:00Z Ask our community... http://www.zillow.com/advice-thread/Ask-our-community/374914/ Home affordability....can it get any better than today's housing market but how many people will take advantage? As a real estate agent I am constantly advising and consulting my clients to take advantage of the current home market place. Historic low interest rates combined with significant depreciating home values. The problem is that our society is taught from an early age that we have to win at everything translating that we have to feel like we won with the sale price on the sale of their home, as well as on the sale price of their new home. In today's market most seller's are not going to realistically sell their home even for what the County Estimated Market Value has appraised their home for. Further translation meaning...most sellers will not sell their home even though they know that proportionally they will likely get a steal of a deal on the purchase of their new home if using a good agent.<br/><br/>In talking to other real estate professionals all of them indicate they are always telling their clients to sell and take advantage of the market place as well. The ironic part of this is at a recent real estate conference the presenter asked how many real estate agents had taken advantage of the current housing affordability by purchasing a home in today's housing market and I believe I was the only one to raise my hand.&nbsp;My wife and I are currently in the process of purchasing&nbsp;a custom built home that has never been lived in and where the home has depreciated for several years now. Additionally, this home sold for $185,000 below the current County Estimated Market Value&nbsp;with 3.75% mortgage interest rates. Does it get any better than this?<br/><br/>If someone is contemplating taking advantage of the housing market and is looking for an agent who understands the art of finding a 'great' deal than do not hesitate in contacting us.<br/><br/>John &amp; Becky Durham<br/>Durham Executive Group<br/>RE/MAX Results<br/>[contact info removed by moderator]<br \><br \>2 replies Mon, 15 Nov 2010 01:43:00 GMT http://www.zillow.com/advice-thread/Ask-our-community/374914/ 2010-11-15T01:43:00Z Why do I need a realtor? http://www.zillow.com/advice-thread/Why-do-I-need-a-realtor/313958/ Here is my question I am looking to <a href="http://www.zillow.com/learnmore/what-zillow-offers-buyers.htm">buy a home</a> and wondering why I would want a <a href="http://www.zillow.com/directory/real-estate-agents/">realtor</a> to represent me in the buying process? Why wouldn't you want too go straight through the selling agent? The the sites I have looked at say it is such a great idea to have one and it doesnt cost me anything but I think it does. Say you want a house listed at $200,000 and offer $194,000 but then my agent gets 3% of the sale price (6,000 roughly) from the seller and the the sellers agent gets 3% of the sale price ($6,000 roughly) leaving the seller net of $182,000. But if I go through the sellers agent they basicall get thier 3% ($6000 roughly) and so the sellers net is $188,000 making it more appealing too accept my offer right? Besides realtor only need too take 60 hours of classes pass a test and they are liscenced. So if anybody can tell me why i need one or have any experience with <a href="http://www.zillow.com/learnmore/what-zillow-offers-buyers.htm">buying a home</a> without representation I would love an email or a reply on here or some good sites I should look at let me know!<!-- START CLTAGS --><br \><br \>15 replies Tue, 12 Jan 2010 01:23:00 GMT http://www.zillow.com/advice-thread/Why-do-I-need-a-realtor/313958/ 2010-01-12T01:23:00Z