Profile picture for Mike Burchyett

Mike Burchyett

Agent

26 Recent Sales (last 12 months)

Specialties:
Buyer's Agent,
Listing Agent,
Foreclosure,
Short-Sale

Advice

  • (76 Contributions,
  • 3 Best Answers,
  • 8 Helpful)

Contributions are sorted newest to oldest.

Spotty job history, can I still get underwritten?

Answer

You probably can get a loan, however they will not count your commission income until you have at least a 12-24 month track record. You'll be approved based only on your base salary. I believe Quicken Loans does have a program that doesn't require income verification but it requires a large down payment and rates are steep (like 9%+)

  (1)
Can I back out of a lease before I move in

Answer

I would recommend getting with a good real estate attorney. It depends what your lease contract says and the ins-and-outs of the Landlord/Tenant Act.

  (0)
Why is my listing no longer showing my house for sale?

Answer

If you are an agent or have it listed with a real estate agent our Multiple Listing Service no longer automatically uploads listings to Zillow.  You or your agent will be required to manually post it.If you are trying to sell it on your own I believe Zillow listings expire after 60 days,

  (0)
5-10 Properties Program in TN

Answer

F&M Bank has an investor that allows up to 10 investment properties.  Also local/regional banks like Wilson Bank & Trust, Metropolitan Bank, and Pinnacle Financial love investors.

  (0)
Seller cancelled real estate transaction

Answer

I am a Realtor in TN (Nashville area) and have never seen a sales contract that unilaterally gives one party the ability to cancel for any reason whatsoever. Not saying it couldn't happen, but it's just unheard of to me. I would reach out to your agent's broker for advice as well as seek a good local real estate attorney. Best of luck!

  (0)
What is the real estate market like for Condos and Homes in Franklin, TN?

Answer

Its a good time to be a seller :-)  For buyers the inventory is low, which means you have more buyers out there than homes for sale.  The group I work for has sold 7 of the 17 condos sold this year in Aspen Grove.....no other group has sold more than 2.  Depending on goals it may or may not make sense to sell now.  It's probably easier to have a brief chat over the phone when you have some time.  Just click on my profile for contact info; I'd be happy to help.

  (0)
What is the real estate market like for Condos and Homes in Franklin, TN?

Answer

Its a good time to be a seller :-)  For buyers the inventory is low, which means you have more buyers out there than homes for sale.  The group I work for has sold 7 of the 17 condos sold this year in Aspen Grove.....no other group has sold more than 2.  Depending on goals it may or may not make sense to sell now.  It's probably easier to have a brief chat over the phone when you have some time.  Just click on my profile for contact info; I'd be happy to help.

  (0)