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Daniel Payne's Advice

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  • 37 Contributions
  • 0 Best Answers
  • 3 Helpful

Daniel Payne wrote:

I wish to begin a career in real estate investing, residential and eventually commercial. My questio

Answer
It may be best to wait, but it could be helpful to talk with fellow investors in the same niche as you and see what they did, and what worked for them.
December 05 2013
(0)

CC score 640,19 -ve entries on my cc report.with 5% down can I qualify for conventional loan?

Answer
You would be very close to being able to obtain a conventional loan, if you can wait a few months and bump your score closer to 700 you should have no problems.
December 02 2013
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Are the prices shown the actual price of the homes?

Answer
Zestimate prices are not, the list prices shown are what the sellers are asking for the property. Information on the site may be outdated however, as sometimes the list price will change.
November 25 2013
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How do I show my home is under contract?

Answer
Your realtor should take care of that. If you are selling FSBO then I would call Zillow directly.
November 21 2013
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do you have to repaint to neutral color in order to sell your home

Answer
Short answer is you do not have to, but it will probably help.
November 20 2013
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Low Offer... How Low is Too Low?

Answer
Typically a good offer comes in a 95% of the listing price. So in this case 331k would be a good offer to the seller (In most cases). However this is not always true, I would tend to believe that you will still receive a counter offer but will not be able to close until you get to 315k-320k.
November 18 2013
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why does end unit(conner unit) cost more than mid units?

Answer
Privacy, bigger yards, safer for kids/pets if off of the street.
November 11 2013
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Where can I find a Buyer's Agent who will return my messages?

Answer
I can do the work of researching and finding a good agent for you in the area. Give me a call at [Removed by Zillow Moderator. Please see our Good Neighbor Policy.] if you want help.
November 07 2013
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First time home seller thinking about FSBO

Answer
Something like 75% of people who list FSBO end up listing with a realtor in the end to get the house sold, another portion of them just don't end up selling their home, and another portion end up selling their home, but have liabilities occur throughout the process. Selling FSBO is excellent to save money if done right, it is just that a very small percentage of FSBO sellers end up successful.
November 05 2013
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Should I have the loan before trying to buy or make an offer on a home?

Answer
It is best to get a preapproval letter from your bank so that you know how much you can get on a loan to buy a home, you will also need this prior to writing an offer anyway. But it would not be wise to obtain the actual loan before purchasing.
November 04 2013
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