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Kyle Bairdsen's Advice

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  • 53 Contributions
  • 0 Best Answers
  • 3 Helpful

Kyle Bairdsen wrote:

I would like buy a home near the University of South Carolina

Answer
a radius search is possible, just let me know if you would like me to set that up for you.  
June 01
(0)

If I want to start investing in a rental property, how much more in taxes will I have to pay?

Answer
Act 388 has been ruinous to South Carolina.  We will work out a special deal for Boeing or Amazon but the smaller businesses are forced to avoid relocating or expanding here.   Richland and Lexington counties have property tax estimators on their websites... plug in the value of the property, click non-owner occupied and you will have your answer.  
June 26 2012
(0)

Good time to sell rental property in Rosewood area?

Answer
[phone number deleted by Zillow moderator. Please see our Good Neighbor Policy for more information]  Good luck on your decision! -Kyle
June 17 2012
(0)

What's the problem with Zillow web site? Charts never load; computer is stuck in an infinite loop.

Answer
I've had that problem recently with zillow as well.  I'm guessing it's a growing pains issue.
March 11 2012
(0)

Legally Separated, No Joint Debt. Still Having Issues with Lenders

Response
Definitely talk to an attorney.  Getting a divorce is a mega pain in SC.Good luck!
January 07 2012
(0)

We have equity in our home but can't make payments. If it doesn't sell how can we get our equity?

Answer
4748,I'm glad you got started!The next step is to pay close attention to the feedback from prospective buyers to make sure that your home is extremely competitive... you don't want to be on the market forever.  Do everything you possibly can to stage the home nicely and consider price reductions if necessary. Make sure that the photographs you use are as flattering as possible.Keep an eye on zillow's "charts and data" section.  While zillow is often inaccurate when it comes to a specific house, it can be a good indicator of the value trends of your area.  If values are dropping rapidly, you'll want to be very aggressive about doing price reductions if your home doesn't sell quickly... being too tentative will lose you money.  If values are going up then there's no need to consider price reductions if your buyer traffic and feedback are very positive.Best Wishes!Kyle   
May 17 2011
(0)

Does anyone know a lender that will do a 203k loan on a manufactured home?

Answer
I don't know.  Bank of America and Wells Fargo are the best companies to work with manufactured homes in my opinion.  If you are in SC, feel free to contact me for recommendations within those companies.
March 28 2011
(0)

Are bank foreclcosures a good deal?

Answer
Many great responses here.Here's a little thought experiment... take two identical homes located next door to each other and both for sale.  One for sale by a family getting a job promotion and the other a foreclosure in exactly the same condition.  Invariably the normal resale will sell higher than the foreclosure due to the staging, general vibe, and expectations surrounding foreclosures.   Some people would rather buy the cheaper one and others would rather pay more to have more pleasant associations... which approach fits your thinking?  Go with that. 
March 05 2011
(0)

Is rent to own a good option?

Answer
As the other advisors mentioned, it can be tricky as you are relying on the seller and your future financing to behave predictably.  To add to the previous list of what ifs: what if the home appreciates and the seller reneges?Another possibility is to just ask the landlord if they would be interested in selling when you are ready... and then simply negotiate at that point.  Or negotiate a low option payment that you could walk away from without hard feelings if it didn't work out.  Also, if you are serious about the home or are putting down a non-trivial option payment, hire an attorney experienced in these deals to set up the deal to help offset some of the risks.Overall, only rent to own if you *love* the house and feel a strong desire to own it.  If it is just an intellectual decision like you don't want to throw away money on renting, then don't bother.  Just focus on the many positive aspects of renting and call it good.Good luck!
February 26 2011
(0)

Home ownership

Answer
Rent to own can work out fine as long as the seller has the right psychology for it.  In the current market is that it is easier than normal to find renters. Zillow has a nice 'for rent' situation but likely a real estate agent is the best resource for finding rent to owns.  Definitely hire an experienced attorney for rent to own or seller financing contracts.  
February 22 2011
(0)