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Nancy Schmidt's Advice

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  • 8 Contributions
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Nancy Schmidt wrote:

DO I NEED A NEGOTIATOR WHEN BUYING A SHORT SALE?

Response
Short sales can be tricky and a real pain unless you know what you are doing and can negotiate with the bank negotiator successfully.  Every bank/lender is different in how they handle short sales.  My husband, Tim and I have had one short sale that went from start to finish in only three days.  We've also had short sales that went on for 16 weeks and longer before closing.  You must be a properly trained Realtor® with experience in short sales to really be effective.  Definitely hire a Realtor® to do your negotiating.  There are just too many problems that can come up that you can't really handle by yourself as the seller.  Good Luck is my main advice and really be ready to have patience for an indefinite period of time.
May 04 2011
(0)

Is this a mobile home?

Answer
Dear oregonlady4jc,Yes all of the homes on Lee Roze are mobile/manufactured homes.  This one isn't in our Multiple Listing Service right now so I assume it's a For Sale by owner.  You could look in a reverse directory for the telephone number unless its on a sign.  Sorry.Regards,Nancy SchmidtReal Estate BrokerEXIT Realty Towne Centre
October 03 2009
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Do you need a realtor if you are only wanting to buy a newly constructed home?

Answer
You DEFINITELY need a Realtor!  Your agent will be sure the builder goes according to plan.  Everything that you ask for in the contract will be monitored by your Realtor.  That person will be on top of each step for you.  A Realtor safeguards the contract to make everything simpler for you, the buyer.  You can lose money without a Realtor.  There are so many things that can go wrong you definitely need your negotiator in the loop at all times during such a purchase.Nancy
July 07 2009
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Do you need a realtor if you are only wanting to buy a newly constructed home?

Answer
You definitely need a Realtor!  It is especially important with a NEW home because you want everything done as you request it in your contract with the builder.  If you have everything in writing with a Realtor, that person will keep on top of things to be sure all is going according to the contract. Your purchase will be safe-guarded by the Realtor throughout the process.  A Realtor makes everything easier for you, the buyer.  Money can be lost without one.Nancy
July 07 2009
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House was listed 3 weeks ago but Inot sure if we want to sell it now...

Answer
Think again about why you wanted to sell your home in the first place.  Maybe after it was completed that reason changed.  Look at your home critcally and decide if the original reason is still there.  We (my husband and I work together as The Schmidt Team.) would let you change your mind.  No one can make you sell your home.  However, be aware that whatever the original listing period was, if you happen to change your mind and sell it, you will owe the real estate agent a commission if it is still in this period.  Most agents would just let you out of the contract if you explain it to them, without consequences.
July 07 2009
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Why do some of my listings get posted twice but the second time it shows "No known address"?
I am Nancy Schmidt, REALTOR® and I have two of my listings that don't have an address nor a listing broker (me).  How can I keep this from happening and how can I delete the double-posting?  Thanks.
April 30 2009
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