Profile picture for Deborah Holmes

Deborah Holmes's Advice

Contributions are sorted newest to oldest.

  • 340 Contributions
  • 6 Best Answers
  • 37 Helpful

Deborah Holmes wrote:

What does REO mean??

Answer
It is usually a home the bank acquired by foreclosure or deed in lieu of foreclosure.
January 21 2012
(1)

WHO HAS THE LOWEST COMMISSION RATE MISSOURI?

Answer
You know I am from Boise and do list houses at less then 6%.  Still I found the way you put it a little offensive....  I do full service on all my listings!  I take them for less when I am seeking listings, most of my listings are for friends and family.... This increases my market presence.   Lets put the question another way...I want you to do a really great job on selling my house but I don't want you to earn your usual salary.... If you ask a listing agent to take a listing at 4.5% you have reduced their salary by half.... Since I always give the buyers side 3%....  Perhaps a better question you should ask is who is the best Realtor in your town?  Who gets their listings sold quickly? 
January 08 2012
(0)
Does anyone know when HARP 2 will start?
I am a real estate agent in Boise... Several of my clients (and myself) want to know when Harp2 is going to start.... At first I thought Dec. 15... Then I was told in January... Now they are telling me March.... I advised a client and am feeling a little foolish since we cant apply for the loan yet.  Thanks
January 08 2012
(0)

Can we get information on expired listings?

Answer
Call a local real estate professional... We have lots more information then Zillow!
January 08 2012
(0)

my home is not showing up under make me move??

Answer
I don't know why.... Zillow isn't a perfect medium.... Are you trying to sell your home?  If so perhaps you should talk to a Blackfoot real estate agent. 
January 08 2012
(0)

What percentage of homes built in Meridian are Hubble and or Cory Barton?

Answer
I am a Realtor....I haven't crunched the numbers but lots.....Probably 50% but as I said I have never crunched the numbers...
December 30 2011
(0)

Is a 5% price reduction reasonable to ask of a home seller?

Answer
Unless the buyer has cash you the seller needs to come down to the appraisal price or the seller wont sell the home...
December 10 2011
(0)

Landlords Corner

Response
I always try to show the apartment before it is vacant.  I want as little down time as possible.  I will not show apartments on moving day.  That day is too stressful for my former renters and the place wouldn't show well anyways.
July 23 2011
(0)

The other real estate agent is being difficult.

Answer
You have an agent that is representing you.  Let the agent fight for you.  Do you have the house under contract?  Because if you do nothing further needs to be done.  Otherwise your agent should deal with the other agent.  That is their job!   If that fails your agent or your agents broker should call their broker.  If that fails that agent should be taken to their real estate board.  I often will answer calls on my listing.   Once in a while I get the buyer but usually I just answer the questions. 
July 23 2011
(0)

Do 30 year fixed mortgage rates vary depending on the loan amount?

Answer
I haven't noticed a difference for my clients.  They used to charge a higher origination fee for smaller mortgages but I didn't notice a difference in the rates.
July 23 2011
(0)