This is the same in MLS. we only have Brookline to enter as a primary field. Chestnut Hill is usually highlighted in the remarks section. I have listing in that area overlooking the 5th fairway at the Country Club. It is listed as Brookline although considered Chestnut Hill. [content removed by moderator for being self promotional]
Yes! This is done all the time. Condos don't have to have it depends on the condo docs. When your attorney drafts the docs for condos you can put verbiage that repairs landscaping etc. are to be split 50/50. Your atty should put strong language in there to protect one family member if the other sells.
The best way is to get a bank appraisal or an opinion of value from a professional realtor. The Zillow site should also give you a Zestimate which is a helpful way to start. If you need assistance please free to contact me through my profile.
Definitely a loan modification. If you were thinking of upgrading and have some savings it may be wise to sell the condo pay the extra 13k and get a fantastic deal on a single family. In the long term, that 13k will be better spent in a single family that will increase in the next ten years more than the condo. It may hurt now but would be worth it for your future retirement. The third choice is remod the loan rent it if you can cover the payment and take advantage of the buyers market. If you would like to tal please contact me through my profile.
An appraisal should not cost 500. It is usuall closer to 300. I think you should call a mortgage broker. I can give you a referal if you contact me through my profile.
First of all it is too late to bring in another agent at trhis point. Yes it would have been wiser to have your own representation. It doesn't sound great that the offer and the loan amount are so far off. If the people are allready out it means the bank gave them cash for keys allready and the list agent is trying one last shot before foreclosure deed passes and Another agent is brought in by the bank. Once the property comes back on the market as a bank owned home the transaction will bemuch easier. However you should know that banks price these homes are close to what they will accept so there is not a huge amount of negotiating room. I have worked many short sales and foreclosures if you would like more information you may contact me through my profile. I am happy to answer all your questions.
The best way to find out about the rate of owner occupancy is to call the home owners association. It is also a good idea to ask about camper parking, as there may be a rule against this in the bylaws.
You should probably be warned that if you need to sell you will run into the same problem for yourself. When buying in a complex you should always be sure it's on an approved FHA list so that reselling will not be a problem. I would consider other options.
My Listing Doesn't Show When Searching by City or Zipcode
Reply