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David Hood's Advice

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  • 11 Contributions
  • 0 Best Answers
  • 0 Helpful

David Hood wrote:

what is a "short sale" and is it a good option for purchasing a home?

Answer
Yes it a good option in fact if you are unwilling to purchase a short sale you have eliminated a lot of the inventory of homes for sale. For more info on short sales visit [hotlink removed by Zillow moderator]
April 03 2012
(0)

Should i trust my agent?

Answer
Condo was priced for 105.000 (i priced it already below because want to sell it fast...Sounds like you know the fair market value of your Condo... tell your agent to counter to the price point you want. If you have done your due diligent and know that condos that are similar are selling for no less then 110K. Stick to your guns.
February 08 2012
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how can I make my ad show up on the first page of the listing in my search criterion??

Answer
Not sure if you need help on Zillow or with some Google SEO?
February 08 2012
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House behind mine sold for $55,000!!!!

Answer
I would not be wondering what his taxes are as much as how does that sell effect the value of my home. That's just me :)
February 08 2012
(0)

Big Banks & Short Sales??

Response
Short sales can be hard, but the banks are not going to give the property away, lets not add to the paper work with offers that are way under fair market value. That being said do a good BPO as an agent and get a fair market value on an offer and the deal gets done.As an agent I get more frustrate when my buyers see a short sale on line that is listed 50K under market and they want to see the house. I have to educate them as to what the real value is and what the bank will take... to get the deal done.Sorry for venting :)
February 08 2012
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Selling A Home

Answer
1) Should I start the sell process now, not knowing of the property I am moving to yet?You may have to sale and then rent... while you find your new place.2) If I do start the selling process now and let say I do know the property I am moving to, does anyone know if during the selling process is it common to set a future move out date as much as 3 months in the future? If not, is it common to ask the new buy to rent it out back to us for the duration until we fully move into the new home?Not knowing the terms of your sale and where you are moving to it's hard to advise on firm dates without more info.3) Usually what cost am I expected to incur during the selling process and how do find a good agent to help us with the selling?Have your realtor do a net sheet for you.. and interview a few agents...4) How accurate is using Zestimate as a selling value? It's not.
February 08 2012
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What if a buyers agent wants to show customer my FSBO home?

Answer
You can add a note in your zillow listing stating you work with Buyer agents or not. That should help you with the calls you get form agents. Most agents will have you sign something before they show your home.
February 08 2012
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how do i know what my house is worth?

Answer
Don't rely on Zillow lol... no really don't. Ask a local Realtor they will be more then happy to provide you a CMA.
February 08 2012
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What things (maintenance, etc.) should we stay on top of if we plan on selling our home in 5 years?

Answer
When you see any signs or symptoms of mold in your house, it is important that you act upon it immediately. If you ignore your mold problem, you will be endangering the health of the people around you as well as run the risk of damaging your home permanently.
February 08 2012
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Is it possible to get a fha loan on a fixer upper home?

Answer
Home Path by Fannie Mae is a great source... the agent should know the condition of the house prior to listing and or selling it's not all on the appraiser.
February 08 2012
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