 |
| 30 Yr Fix |
5.94% |
-0.16% |
| 15 Yr Fix |
5.63% |
-0.15% |
| 1 Yr ARM |
5.15% |
0.03% |
| 5/1 ARM |
5.90% |
-0.10% |
| 30 Yr Tres |
4.06% |
0.03% |
| Fed Prime |
5.00% |
-0.25% |
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Real Estate Questions and Answers
Answered (181) |
Unanswered (576) |
Answered Open (181) |
Answered Closed (0)
All Answered Questions - (Results 1 - 50 of 181)
This includes all questions that have at least one answer.
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Does a short sale always work? If not, is a foreclosure the only next step?
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I am going into forclosure. Can I still list my home with a Realtor and try to sell it ?
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I would like to buy a bank owned house that needs some work. I want to buy the house for $100,000 but take out my mortgage for $118,000 and get back at closing $18,000 so i can make the repairs that is needed. Is this possible and how can I make this deal work.
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If you sell your vacation home after having it for 4 years and you buy another vacation home which you use all the proceeds from the sale, do you have to pay capital gains on the money you made from the sale?
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Our home was foreclosed on, when it went to auction it was sold, the amount paid off the loan completely leaving a remainder amount of money in an county account. I received a letter from the county saying I could claim the remaining funds. The mortgage company filed a 1099? Is this legal?
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Is the person negotiating my short sale required to have credentials to do so? Is it considered fraud if they do not?
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What is REO?
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I bailed one of my friends out of foreclosure by loaning him some cash. He promised to pay and he didn't. I put a lien on his property for the money he owed. Two months later I come to find out that the lender is foreclosing his property. What will happen to the lien I put on his property? Will I get paid back?
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Is it true that you have to own a home for three months before you can sell it.
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Is there an average percent that banks will take on a foreclosed home?
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What does ETAL,ET,UX,and TE stand for when looking under current owner tax records for your city or town?
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What documents are necessary in a for sale by owner transaction?
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I am a real estate agent, and I am representing a client whose property is going through a short sale. There are two questions: 1. Can I buy this property? 2. Can I still representing myself and my client?
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What is the first step in selling our house ourselves, after we have found a buyer?
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What is the referal Fee, for Non US realty Companies, that refer clients to US Realty Companies?
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What does the rental statment "$1.00 per square foot" mean related to monthly payments in commercial space.
Is that a dollar psf every month or for the year divided by 12?
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Is there a way to find out how much my neighbor paid for their house?
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Resently I bought a house with a rental unit attached, We paid in full. The DEED OF ABSOLUTE SALE is in process to be recorded, but the seller is still insisting to collect the rent of the rental unit, because the DEED OF ABSOLUTE SALE hes not been processed. Question: Whom is entittle to the rent?
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What is the formula to figure out how much house a buyer can afford? 2 times the yearly income or 3 times the yearly income?
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We purchased a house that had been vacant for a year. When we viewed the property, the kitchen had all new applicances and the MLS listed it as an "all new kitchen". We even had written into the contract that all applicance stay (including the refrigerator). However, after we closed and before we moved in, someone had swapped all the applicance out for older ones. My question...is this legal? And if not, what is the statue of limitation?
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I want to do a short sale on my house. I owe $260K. My father wants to offer $130K. The bank says that if I sell it to my father and still live in it, they will sue him for fraud. Is he not allowed to rent to anyone he pleases. How long till I can buy it back from him and not get sued? Is there a time limit to this?
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What is the difference between a short sale and deed in lieu?
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What does it mean when there is a listing that says "looking for back up"? My realtor has indicated that these properties aren't available, but why would the listing still be up?
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Are Banks legally able to sell an REO for more then the defaulted amount? If so where do the profits go?
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Is there any way for me as an agent to negotiate the purchase or even just view an REO with a bank prior to it being listed with an agent?
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In a short sale will the seller make any money off of the short sale?
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My Real Estate Finance Prof. (CA. JC) recently said an LLC
cannot buy property. True?
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Can a real estate agent buy a home and represent himself
as the selling agent?
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If I have a payed off house under my name and its been a few years since I payed it off, could I ever be considered a first time buyer again?
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Can a house be sold as a "short sale" to a relative?
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If a property is co-owned, can one person list the home as a primary residence while the other lists it as an investment property?
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What happens when you let your home go into foreclosure?
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I was approached by a company that automatically creates pdf flyers of Realtors (that I can designate) listings each week. I pay a fee to the company they email me the fliers then I deliver them to the Realtors. The fliers are co-branded. Is this a RESPA violation?
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Can you do a cash out on an investment property if it is currently listed for sale ?
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We want to sell our home ourselves, to save money. Do many people purchase homes this way? If not, then why?
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Can you go to a university to get your real estate license?
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Where do I find details on rules on dividing up property into smaller lots? I am looking at 28 acres that has been zoned for division but I do not know the rules surrounding it and not sure where to being looking.
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What is a bpo?
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Can you have multiple realtors when selling your home? If so, how does this work? And who would get the commision?
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When buying a home, what should the percentage of repair
and maintenance costs be compared to price of home?
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How does a foreclosure affect my credit score?
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Is it ok to have two agents showing you properties? I really need to find something ASAP and need them to work with my schedule. What happens when one finds the house we buy. Does the other realtor just cut their loses?
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Can you attempt a short sale on a house that is under construction and you can not finish it?
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In a short sale where the mortgage is insured by FHA or VA, can the lender file judgement for the deficient balance?
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I'm an agent in VA. My seller bought new with $85K down + closing costs. He is in Sort Sale negotiations with RELO. His deficiency is $85K. Does the loss on the sale offset the income from the 1099 he'll receive?
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When negotating a short sale and submiting a preliminary HUD-1 of closing cost estimate, should the payoff on the HUD-1 be the total amount due or the loan balance?
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Where can I find short sale leads?
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Please explain how software can help with lease administration?
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I heard that Bush signed a bill that releases people that do a short sale from paying taxes on the forgiven debt. Is this true?
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How do I verify someone's mortgage license?
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