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Gregg Whitney's Advice

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  • 17 Contributions
  • 0 Best Answers
  • 0 Helpful

Gregg Whitney wrote:

Can I get all contacts through web service?
I need to export all contacts from zillow my site. Is this possible?
October 18 2013
(0)

If Liked the condo, but not the fact my agent told a hidden comission after showing the condo??

Answer
I recommend using another agent but make  sure you revoke your previous agency relationship (signed by the brokers), in case you want to buy one of the units you were shown.  This is to avoid a procurring cause if you decide to buy one of those units. 
May 16 2011
(0)

why cant I see Foreclosure data

Answer
An agent can provide you with this data or on online source.
May 16 2011
(0)

How long do banks take to reply on a short sales?

Answer
It can depend on many factors, including the bank, listing agent, sellers, etc.  We have closed short sales in 45 days and others take many months.  The listing agent or negotiator has to be in contact with the bank consistently, I recommend once a week at minimum.
May 16 2011
(0)

What is the key reason for buyers to hesitate in this market?

Response
Not knowing whether prices are still going down or not.
May 16 2011
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What are real estate investors looking for in this market?

Answer
Looking for good cash flow with a good cap rate (the net divided by sales price, the actual return on investment).  A cap rate will depend on the area you are looking in.
May 16 2011
(0)

looking for 2 bedroom cabin on river or stream

Answer
Find a top real estate agent in the area you are looking in to send you or show you properties that fit what you are looking for.
May 16 2011
(0)

how can i find out past sale home prices?

Answer
Have a top real estate agent come out to give you an assessment of your homes value.  Their assessment should include properties that have sold in the area with similar square footage, upgrades, etc.
May 16 2011
(0)

how can i sale my home fast in good price

Answer
I recommend you price your home favorably to the other closed sales in the neighborhood and usually about 5% below those. Also, fix up the house and make sure you are using a top agent in the area who will give your home the widest exposure. 
May 09 2011
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Shortsale? Foreclosure? Continue to Rent? Other Options?

Answer
One option is a lease with an option to purchase (with very little money down).  This can be beneficial because it will set the value, potentially 2-3 years down the road, depending on when you plan to purchase.  You can also put up to 50% of your rental toward the purchase.  The upside is if you see the market moving up you can execute the option to buy at any time.  You can also put in the contract that you have 2 independent appraisals done on the property.
May 09 2011
(0)