Profile picture for Mindy Dotson

Mindy Dotson

Agent

Broker Associate , Real Estate Broker Associate (12 years experience)

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

Advice

  • (70 Contributions,
  • 1 Best Answers,
  • 6 Helpful)

Contributions are sorted newest to oldest.

who do you contact regarding a house you are interesting in?

Answer

Do you live in the area of interest? If so, just call the name off of the sign. If it doesn't have a sign, then I would contact any local real estate agent and have them to search for it in the local listing service. Is the home in Clarksdale?

  (0)
How can I get more information on the USDA Loan programs?

Answer

Are you wanting to know if you qualify or if the home that you are wanting qualifies? Both will need to pass the litmus test. I suggest that you visit the USDA site to look around, but to me, it is not very user friendly. I would suggest that you speak with a mortgage company. Most lenders in your area of interest will offer the USDA loan.

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If a house was listed as $75,500 a year earlier & it was purchased as a foreclosure. Now it is liste

Answer

May I ask how you know the appraisal price? Did your lender order the appraisal, and you have been informed by your lender as to the appraised price or  are you planning on buying the home with cash? The seller can price a home at any price, it just may not sell at that price. If you are getting financed, the home would have to appraise for at least the sales price. If it doesn't, the options are for the seller to drop the price to the appraised price, or for you to pay in cash the difference above the appraised price, or for you to walk away. So, you do have options.

  (0)
Is there a time limit for an agent's right to commission for someone they brought to the property

Answer

You are going to have to carefully read your previous listing contract. The wording concerning this issue will be part of the contract. You may even want to call the Mississippi Real Estate Commission and ask to be sure. This is a tricky one, because the home was shown to this person during the listing period. Most real estate contracts have a clause in them to protect the real estate agency from unscrupulous sellers wanting to make contact with buyers and then make back room deals to avoid paying the commission. What a listing company does, in essence, is bring you potential buyers. Isn't this what has occured? On the other hand, if the time limit has expired, you may be within your right to contract with the buyer. I would first call the real estate commission, and then speak with an attorney just to be sure.

  (0)
OAK GROVE ON ACREAGE should we rent it out furnished???

Answer

My advice would be to take your nice things, store them and furnish it with less expensive things. Renters just tear things up, because they have no skin in the game and accidents do happen. If you put in your lease contract, that they would be liable for anything over a certain amount being broken or ruined, then that would be another matter. Also, if you have it furnished, I would further put into the contract to inspect the home every few months for damage.

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Interested in making an offer on 1174 Martingale Dr. Jackson Ms.

Answer

Sorry to report, but this home is under contract. Foreclosures go quickly.If you want an up to date look at available properties, there are several websites to visit. http://www.gohoming.com, http://www.hudhomestore.com,[hotlink removed by Zillow moderator]

  (0)