Definitely drive by the home regularly to see who has posted the notice. Check the Fannie Mae website as coming listings. Many Realtors who regularly work foreclosures and represent Fannie Mae homes may have it on their website as coming soon. You're almost there keep pushing forward.
Is this a bank owned property? If it is the banks do make incremental price drops if they are not getting offers. Your bank will order an appraisal and in the event it does not appraise, you can go back to the bank and renegotiate.
Kathleen,I just wrote a contact for a young couple who had been working with another Realtor. They felt they were not getting any sevice from their previous Realtor. They were referred to me through a friend of theirs, who had bought a home from me 3 years ago.You may want to ask your coworkers or friends, who have bought a home in the last 3 years, who they worked with and what was their experience. If you can get three referrals from friends, that may be better than cold calling agents. The Sanna Thomas Team Solutions not excuses Ocala FL
Here is another option that you can take. You can do an ARM that now has a super low interest rate. Once you sell your home you can pay off. the loan. Once upon a time we had bridge loans. We don't see those anymore. You will have to closing costs on the loan, but you can obtain the house that you really want now. If your home is properly priced and in good condition, the sale shouldn't take more than a couple of months. Sellers are reluctant to take an offer with the contingency of the sale of your home.The seller can add a kick out clause. Should they receive another offer, they can give you 48-72 hours to remove your contingency on selling your house or be released from the contract..You might get lucky and find a seller who can wait for you to sell.
Dave,Great question. Many of the buyers are in the same situation here in Ocala. What I have suggested to buyer/sellers is first learn the actual value of your current residence. You can either order an appraisal or have a local agent do a basic CMA to see the comparable sales. Sometimes that can be an eye opener.With interest rates being so low, you could do an ARM. The current low interest rate makes this attractive, while you wait for your home to sell. Of course it will cost you a little money to originate this mortgage.Owner financing is an option, but you still need an attorney to go over all documents to make sure you are protected. Some owners fear signing over their home in the event you stop making payments and/or their home will be neglected or damaged.Best case senario might be a vacant home. The owner has already moved and did not need to sell the home first. So rather than let it sit empty they may entertain owner financing.Speak with a lender and see what options are available.
There is usually a difference between appraised vale and listing value. There are enough newer sales that give a good indication of value. In Ocala Fl the appraisals have been coming at or above contract price.Ask your agent to pull the current comparable sales before making an offer.
It all depends on the terms of your listing agreement. I suggest you read the terms of that document.There are two types of cancellation, conditional or unconditional. You will need to contact your agent and discuss it with them. In the event that you are not satisfied with the agents response, you can speak with the Broker of the company.
The builder would not be allowed to build with that type of piping as that it is not up to code.heck again with the builder directly or your home inspector can tell you.
Zillow does not have a farm category. My suggestion is to add the specific acreage you would like and that should bring up farm properties. I work the Ocala /Marion county area and would be able to send you farm listings if this is your area of interest.