Profile picture for Jeremy Olsher

Jeremy Olsher

Premier Agent

19 Recent Sales (last 12 months)

Mizner Residential Realty, Real Estate Broker (10 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Consulting

Advice

  • (59 Contributions,
  • 2 Best Answers,
  • 9 Helpful)

Contributions are sorted newest to oldest.

Selling 5592 sq ft estate house in Equus, Boynton Beach, FL

Answer

Hire a Realtor that you trust and feel comfortable with.  We are coming into the "off season" and less buyers will be looking to purchase at this time.  Right now there are 14 active listings in Equus with one pending sale and one contingent sale.There is a competitive listing at 9933 Equus Circle listed for $849,900 currently, which is larger- 6245 sq ft under air, with a pool (Bank owned)Without seeing your property and its condition, it is hard to say what would be a good asking price, but if you list the property at $800,000, you would certainly get a lot of showings for buyers looking in Equus.  The lack of a swimming pool and the close proximity to 441 may deter some buyers from purchasing.Good luck in your sale of your home.

  (1)
Agreed upon repairs not fixed, what now?

Answer

It all depends on what you signed.  I'm not an attorney and cannot advise you as one, but if you had a seller fixing the leak in the master shower, you should have had that work warrantied in writing from the contractor (licensed) that did the work.I'm not sure if you accepted the property as/is or not.  Good luck.

  (0)
Buying a house and roof leak? Now what???

Answer

This happens often in my market.  The buyer wants to buy the house, but the roof needs to be fixed to get a loan.  Roofers want to replace the roof rather than doing minor roof repairs that will start leaking again (roofers (Licensed roofing contractors) do not make enough money to do minor repairs)If you can get 4-5 years out of your roof, and it sounds like you can, try to get a roofer to repair the leak with a one year warranty (at least a 90 day warranty)  A small roof leak should cost no more than $600-$1200 depending on rotten wood, etc.  I doubt the roof needs to be replaced right now.I would recommend to get the roof leak fixed prior to closing so you can obtain your loan (did you have the appraisal yet? because if you didn't, you need to see if there are conditions in the appraisal as well)  The seller should pay for it upfront, and you can reimburse on the closing statement if you must) Don't put out any of your money upfront.Ask around for some references for other roofing companies.    

  (1)
Buying a house and roof leak? Now what???

Answer

This happens often in my market.  The buyer wants to buy the house, but the roof needs to be fixed to get a loan.  Roofers want to replace the roof rather than doing minor roof repairs that will start leaking again (roofers (Licensed roofing contractors) do not make enough money to do minor repairs)If you can get 4-5 years out of your roof, and it sounds like you can, try to get a roofer to repair the leak with a one year warranty (at least a 90 day warranty)  A small roof leak should cost no more than $600-$1200 depending on rotten wood, etc.  I doubt the roof needs to be replaced right now.I would recommend to get the roof leak fixed prior to closing so you can obtain your loan (did you have the appraisal yet? because if you didn't, you need to see if there are conditions in the appraisal as well)  The seller should pay for it upfront, and you can reimburse on the closing statement if you must) Don't put out any of your money upfront.Ask around for some references for other roofing companies.    

  (0)
is the bank in control of short sales or the owner ?

Answer

Both.  The owner(s) (seller) and the bank (lien holder) both have control in the short sale process.The owner(s) must cooperate with the bank in order to complete a short sale (and vice-versa).  The owner(s) must sign the initial agreement with the new buyer and sign all of the closing paperwork at the end of the sale (and any disclosures, paperwork, along the way).  They also must provide ALL of the documents that the bank will require from them in their entirety to have the bank consider a short sale.The owners are in control of completing and providing the documentation that the bank will require, and getting that documentation to the bank employee(s).  This could be done from the owner, or an owners representative (that the owner gave permission/3rd party authorization in writing to the bank to communicate on their behalf)  This is a heavy paperwork process for the owners, and often the bank will ask for the same document more than once, and for new documents throughout the process.  These documents are not limited to the last 3 tax returns, bank statements, hardship letters, financial information task worksheet, IRS 4506-T form, etc. It is imperative that the owner or owners representative stays on top of the file, as paperwork is often shuffled around with different employees of the bank.  Having a good contact at the bank is often a challenge, but will go a long way if at all possible.The bank ultimately has the decision whether to approve the short sale in writing after a process that can take anywhere from 17 days (fastest I've seen) to months, even years if the owner is not proactive in working the file.  The owner must agree with the banks terms (often negotiated) to complete the transaction.  A short sale is a complicated process, and having an experienced professional representing the owner is imperative to avoid pitfalls and to get the deal done. Timing is also of the essence, and often banks will foreclose on the property in the middle of negotiating a short sale.  Check to see when the lis pendens was filed by the bank, and if a foreclosure date has been set.  Short sales do close, but patience is necessary from both the buyer and more so the seller to get them completed. 

  (0)
is the bank in control of short sales or the owner ?

Answer

Both.  The owner(s) (seller) and the bank (lien holder) both have control in the short sale process.The owner(s) must cooperate with the bank in order to complete a short sale (and vice-versa).  The owner(s) must sign the initial agreement with the new buyer and sign all of the closing paperwork at the end of the sale (and any disclosures, paperwork, along the way).  They also must provide ALL of the documents that the bank will require from them in their entirety to have the bank consider a short sale.The owners are in control of completing and providing the documentation that the bank will require, and getting that documentation to the bank employee(s).  This could be done from the owner, or an owners representative (that the owner gave permission/3rd party authorization in writing to the bank to communicate on their behalf)  This is a heavy paperwork process for the owners, and often the bank will ask for the same document more than once, and for new documents throughout the process.  These documents are not limited to the last 3 tax returns, bank statements, hardship letters, financial information task worksheet, IRS 4506-T form, etc. It is imperative that the owner or owners representative stays on top of the file, as paperwork is often shuffled around with different employees of the bank.  Having a good contact at the bank is often a challenge, but will go a long way if at all possible.The bank ultimately has the decision whether to approve the short sale in writing after a process that can take anywhere from 17 days (fastest I've seen) to months, even years if the owner is not proactive in working the file.  The owner must agree with the banks terms (often negotiated) to complete the transaction.  A short sale is a complicated process, and having an experienced professional representing the owner is imperative to avoid pitfalls and to get the deal done. Timing is also of the essence, and often banks will foreclose on the property in the middle of negotiating a short sale.  Check to see when the lis pendens was filed by the bank, and if a foreclosure date has been set.  Short sales do close, but patience is necessary from both the buyer and more so the seller to get them completed. 

  (0)
what should i rent my house for on Thornhill Ct, boca Raton, fl

Answer

The rental price depends on the condition of your property, the square footage, and the location within Thornhill Village.  For an annual unfurnished rental, you can expect somewhere between $1500 and $2300 per month, but I need more details on your property.

  (0)