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Pat Bourgo's Advice

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  • 272 Contributions
  • 0 Best Answers
  • 39 Helpful

Pat Bourgo wrote:

Where Do you think your local real estate market is heading in 2011?

Response
GNP is starting to level off.  Our personal homeowner debt is starting to drop.  The personal piggy bank is closed.  We are 2-4 years out from a somewhat level playing field.  Real estate will continue to drop until consumers get thier confidence back.
February 07 2011
(0)

how do i sell my home if i owe more than what its worth according to zillow?

Answer
Ask a local professional. You might be a short sale.
November 17 2009
(0)

short sell question

Answer
Yes you need to qualify before buying.  This is a 4 hour conversation.  You couldn't understand in a e-mail.
November 17 2009
(0)
Curious who the selling agent was for this house.
Curious who the selling agent was for this house.2 Clemens Ct. East Setauket, NY 11733 Thank you!
November 16 2009
(0)

Foreclosure vs. Short Sale. Which is better ??

Answer
Short sale.  You can get out of the 1099, and the deliquency.
October 28 2009
(0)

Is it a good idea to get an independent appraisal before listing my home for sale?

Answer
You will be wasting your money!  Get several CMA from local Realtors.
October 26 2009
(0)

What is the last loan doc to sign?

Answer
You should go with the one that you feel strong about, or tell them what you are doing.  They only get paid if you sign the final docs at closing.  You a misleading both lenders.  They don't just sit back and make tons of money by doing a couple of hours of work.  They probably put in 40 hours of work on your file.  If you are going FHA then you can only go with one, because you have one shot at it once it is submitted, you only get one FHA file number.  If you are playing them this will back fire, and one will tag the FHA file and you won't be able to buy the house FHA.  You are going down a road with lots of problems.  If they both find out one of the lenders could tank the deal for you.  I recomend pick a side.
October 26 2009
(1)

Who farted?

Best Answer
Camas paper mill.
October 26 2009
(0)