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Daniel Gomes, MBA's Advice

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Daniel Gomes, MBA wrote:

iv been shopping for a house for almost 9 months with no luck. Is it me, my realtor or the market?

Answer
 I think that you are doing the right thing!Keep doing that  ...  you will be buying the home of your dreams soon. It is just a matter of time. I know how frustrating it is. The good news is that we are experiencing this because our housing market and the overall economy is growing again. Cheers  
September 06 2012
(0)

We accepted B of A SS counter offer 2 weeks ago?

Answer
 Hi, if you are dealing with that Bank dont be surprised,... You might be getting good advise from your Realtor. The problem is that this bank keeps changing the rules almost on a daily basis. I cannot tell you how many times it has happened to me. I wish you the best of luck. And my advise to you is to be patient and proactive. Make sure you send them everything they want and in the order they requested. Cheers 
September 06 2012
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Hello, should I buy cheap properties here and rent them out?

Answer
It is not a bad idea if you can rent and get positive cash flow by renting them out. However make sure you have a good business plan in place. It is nice to cash your rent checks every month. But is not easy to be a landlord. You must be ready for this! Also, if you decide to buy, and you dont have experience dealing with tenants, my advise to you is to hire a good and reputable property management service. Mistakes in this business can be really expensiveGood Luck!
September 06 2012
(0)

iv been shopping for a house for almost 9 months with no luck. Is it me, my realtor or the market?

Answer
I am not sure if you can blame your Realtor for not being able to find the perfect home. It takes time to find the right home. Don't be discouraged. If your market is experiencing low inventories like some markets in the US, then is just a matter of time. Be patient and make sure you are able to share as much information about your "wants" in your new home with your Realtor. Be proactive, dont wait for your agent to show you properties. Use sites like Zillow.com and search everyday. You will eventually find that home.  Also, if you are writing offers in a very competitive market, just be real with yourself, those who paid the most or have less contingencies win in these situations.  Keep trying because  the right home is waiting for you. Cheers.       
September 06 2012
(0)