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Dee Cain's Advice

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  • 6 Contributions
  • 0 Best Answers
  • 2 Helpful

Dee Cain wrote:

AGENTS PLEASE HELP!!!! Buyer without agent. Any tips?

Answer
It is always in your best interest to have your own agent.  Don't concentrate on the agent having "a free ride."  In most cases, the buyer will not be paying the commission anyway, so why wouldn't you have an experienced professional help you, exclusively??  You should ask for referrals and find someone who is full time and has experience working with short sales.  Also, don't assume that because the agent has the short sale listing that they know all the ins and outs of the process.  Sometimes, they are inexperienced short sale negotiators as well.  Right now, there is no exact process for how short sales are handled, so the process can vary from bank to bank.
August 22 2011
(0)

2 estimates on the same property

Answer
Hello,I see a 'for sale' estimate and a 'rent' estimate.  Those are the only 2 I see.  Can you please clarify your question, or tell me what you are looking at?
August 22 2011
(0)

What are my options for selling if I owe more than the house is worth now?

Answer
All answers are correct.  I am a short sale expert in the Baltimore area.  Email me your phone number (or call me) and we can discuss your situation.
May 24 2011
(0)

How low will they go???

Response
Based on the information given, the sellers do show signs of motivation.  You would be surprised by the offers that are accepted, escpecially if presented appropriately.
September 30 2010
(1)

Ask our community...

Response
Your "feeling" is on point.  Because you live in the market, and you know what homes are currently selling for, you are correct in questioning such a large discrepancy. Zillow is a great platform for information, however they use automated valuation models to determine values (the information is gathered from such sources as public records).  You should not rely on these estimates because many factors are not taken into account. If you look carefully at the estimates, they do disclose that there is a margin of error and they also provide an accuracy table http://www.zillow.com/howto/DataCoverageZestimateAccuracyMD.htm.An agent can provide for you a more accurate market analysis.
September 23 2010
(0)

State of Md employee needs info on what the State will contribute using the DSELP HK4E, SK4E

Answer
$2500 match (additional).  Please see http://www.mmprogram.org/Info4Borrower.aspx for additonal specifics.  My lender and I work with these programs.  If something is unclear, please don't hesitate to ask additonal questions.  Sometimes navigating through all of the information can be challenging.
September 22 2010
(1)