I can't figure out how to remove photos. When I'm at my "My Zillow" page & on the left sidebar it says "my photos" which have nothing to do with "my listings", I don't know how they originally got there & I can't figure out how to delete them, they're pictures from an old listing I had last year.
If this home was your primary residence you will not receive a 1099 at the end of the year for the difference between your loan amount & the amount the bank netted. Prior to closing your agent will receive a Lien Release letter from the bank. If this was an investment property they can go after you for a deficiency judgement or send you a 1099 at the end of the year. If you would like to know how to get any LATE PAYMENTS removed from your credit, send me an email. I'm glad to hear you decided to sell your home via the short sale method, you CAN buy again within 2yrs & still be able to take advantage of this down market! Congrats on your Approval!
Listing your home on the MLS as a For Sale By Owner is not free.There are places that will put your home on the MLS , but no agent in the area you live in will bother to show it if you're not offering a standard Co-op of 2.5-3%for say 2 more % you'd be getting seller representation. You're just a target right now for low-ballers & people who want to take advantage of you. You should have someone looking out for your best interests & to make sure you're getting the absolute highest price for your property.
Why does one buy Nike shoes? When they cost about .17c to make in Taiwan & then you go & pay $40USD for them? Because you need shoes & it would be extremely difficult & time consuming to make them yourself.The same reason ppl go to starbucks for coffee when it would cost about 1500% less for them to make themselves a cup at home. The same reason people hire a lawyer, who by the way charge $200-500per hour plus a retainer fee. A real estate agent works hard & puts in many many many hours before seeing a dime for the work they do. You could always try the FSBO route & not pay an agent at all or try a discount brokerage in your area.I actually went to the .99c store for xmas cards last year. I think I got 18 cards in a box for .99c ea. I ended up throwing them out, the envelopes were extremely cheesy & practically see through. So I bought higher quality cards w/ better envelopes & ended up spending 3-4 times as much.What is the value of one's time? What is the value of your time? would you go to work for 2-3 mos. with only the possiblility of getting paid?
There's no set price for how much more you'd get for your unit. I think it is more desirable to be at an end unit rather than the center. Then there is the question of are you on the 1st or 2nd floor or is it a 2story?Automatically an appraiser won't "up" your unit 10-15k because it is an end unit.Each complex is different & appraisers will only go off of comparable sales of other end unit vs. center unit subject properties
It depends on the neighborhood. I know you're hearing that all across the country things have gone to hell in hand basket.. That's not the case. Yes there are areas where home sellers have not yet swallowed the fact that their neighborhood is in major decline.however other neighborhoods out there are doing just find & are still appreciating.You must really investigate the neighborhood you're looking to offer in, access tax assessor records for recent sales, or work with a realtor, the realtor will not charge you to work for them. They can access data a lot faster than you can.Investigate the comps. How long have homes been on the market, what were their original asking prices, what were the ultimate sold prices. Discuss this with your agent & go from there.There is no exact national percentage of how much you should offer.I think a low ball offer is this: If a seller has a home on the market for $500K & after investigation it seems that $500K is a fair price, offering $425k would be a low ball offer.if the seller is priced at $500K & he's totally nuts asking that price & should be at $450K, an offer of $375K would be considered a low ball offer.sorry my answer is kind of long.You should go after Bank owned or Short sale properties, you're dealing with an unemotional bank. Talking to Mr. Smith who is emotionally attached to his property is harder to deal with, when trying to convince him that he's over priced.