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 Is this a breach of contract?
We rented a house to a couple who wanted to buy it but needed a little time to get financing in order. we agreed to a contract for deed or lease with option. Well, now they are divorcing and we are ...


 We lease a home, can the owner enter the house after giving notice even if we are not home?
it's a holiday weekend, owner of home is passing through town and wants to see her house. we (the tenants) will not be home. does she have the legal right to enter the home while we are not ...


 What other costs come with living in an apartment?
...


 Our house is finished being built, but its not what we were promised. What should/ can we do?
We chose our floorplan and lot in a subdivision in knoxville tn. During planning, I stressed the issue that we wanted our home to have steps going up to the front porch. We also made sure the home ...


 Loan officer making a deal behind our back?
we're currently in the process of getting an FHA mortgage loan with bank of america. for some reason, it's very important we tell our loan officer who our realtor is. my boyfriend thinks ...


 I am interested in purchasing a home.....?
I read that you can assume another persons mortgage loan through a bank. Does anyone know exactly how this works? Is it a good or bad idea to purchase your first home this way?
Additional D...


 Washington Mutual for first home loan?
I bank with Washington Mutual. Is this where I should go for my first home purchase? Should I give a second look to a broker or alternate lender?...


 Why do most apartments not allow pets?
It ticks me off cause you have all of these poor animals in the animal shelter that needs a home.I am responsiable. They make the excuse that a dog will tear the apartment up.Whatever.Humans are the ...


 What do you pay for rent and what state do you live in?
...


 Need some quick advice!!?
tomorrow my fiance and i are going to look at a house that we possibly might buy (first time buyers) and i need some advice on how to talk down the price- finagle- is that the word? please help!!!!!!!...


 Can anybody give me advice as to whether i can rent a house when my name is already on a mortgage?
I have decided to leave my partner and really need a place of my own with my daughter any advice would be welcome....


 Would you buy a beautiful big, cheap house knowing that the drive to work is about 1.5hrs?
My bf and I went house hunting over the weekend. We checked out a couple of model homes and he really likes this one house inparticular. It's about 2700sf,4 bedrooms (5 optional), and its ...


 Really how important is it to have a property managment company when investing in real estate?
About what percentage of real estate investors use property management?...


 I own a home my tenants did not pay they moved out a month ago could i still take them to court a month later?
...


 What would you do to celebrate if you just got a verbal offer for the asking price on your house?
...


 What upgrades can you do to raise the value of your home?
My husband and I are wanting to do some upgrades to our house, and I just want to know what kind of upgrades will actually raise the value of your home?
Thank you so much!
Additional D...


 How long do you think that this tenant will be a total deadbeat?
first month, great pays on time. 2nd month, late, hands me his payroll check(i accepted due to his problems) and cant pay the utilities.. this month, paycheck is torn to pieces(i didnt accept), no ...


 Next step after you evict your tenants?
Just got done evicting my tenants (FINALLY). What is the next step in terms of actually getting all of the past due rent they owe me and payment for damages done to the property?...


 How should i go about looking for houses to rent?
I'm looking into renting a home for a year in my college town, San Luis Obispo. Any ideas on where and how I should start off looking?...


 Can I qualify for a home loan?
I've been working at the same place for a little over a year, making roughly 2500 a month. My wife is graduating this summer with her masters in teaching so we will be making a lot more soon. We ...



luvsun4
Can I try to sell my house without a realtor before my house goes into foreclosure?
I'm getting ready to lose my house and I was wondering if it is possible to try to sell my house on my own. What is involved? I don't want to involve a realtor because I owe to much on the house and by the time the realtor added their fees and everything it would probably be more than the house is appraised for. I'm at my wits end and don't know what to do. Please give me helpful advice only.
                     
 




haleysmom
Talk to a LAWYER first. If you are about to go into foreclosure, you'll want to stop that first because once the process has started, even if you sell your home, there will be all kinds of legal fees from the lender tacked on to the payoff. You may need to declare bankruptcy first to prevent a foreclosure. That will buy you time to sell your house. There are many listing services that will sell your house through MLS for reduced commissions, like Assist-2-sell.
I am a mortgage loan officer and I have seen people lose their homes when it could have been avoided if they had sought legal advice. Look in your phone book for attorney's that specialize in foreclosures and bankruptcy law...maybe one that offers fress consultation. Good luck to you. I hope you take this advice to heart! I know what a stressful situation it is!


jeff s
Rating
if you are going to end up losing your house the best thing to do is work with a realtor especially if they are familiar (and experienced) with dealing with "short sales". if you are getting nothing dont worry about there fee it will be included in the price and your lender will agree to it.
gernerally speaking the people sending you all those letters saying they are willing to help you and give them a call are in it to for themselves and really do not have your best itnerests at heart. that being said there are some "good people" out there that will try to help you but in the end you will not get much.
i know this because i have been involved in the real estate and mortgage busineess for over 20 years and have done it all. i can try to guide you and help you with a realtor in your area that is good and will work to help you out. you can call me at 1-877-LIFE-711 or send me an email.
good luck


dmfb1906
Rating
Sorry, but go ahead and get a realtor. The best you can hope for without one is possibly a newspaper ad. That is probably too much of a gamble for you right now. Have you considered a refinance, or taking on a roommate, subletting, renting it out? You dont have to sell and you dont have to forclose.


jmilil
Rating
just hire the realtor and do your homework. Sell fast and at a reduced price and negotiate the commission, for your best interest.. such as not to the point where agents won't touch your home because your only offering 2% to the selling agent(buyers agent). Get it done because you already know its what needs to be done and when its over then you can be glad its all done and taken cared of!!!! DELAYED GRATIFICATION!! GOOD LUCK!


satarnag
Rating
Hi, I help people like you on a daily basis. Here are your five choices:

1. Call your lender andsee if they can work something out with you to either make your payments affordable or work with you until you get back on your feet.

2. Call those "We buy Houses" people and see what they offer.

3. Do a for sale by owner only if you know what you're doing.

4. Have a real estate agent conduct a short sale.

5. Call the lenderand see if they are willing to accept a deed in lieu of foreclosure.

If you're in Southern California, I can help.

Regards


MissV
You do not have to use a Realtor as your selling agent, however, realize that agents representing buyers may bring a qualified candidate, and will be expecting some type of compensation, usually at least 2.4 depending on your market. Will you be able to advertise on the level that a selling Realtor could, or do you already have someone in mind?


Paul D
Rating
Going FSBO in your case would be a bad idea as you need a QUICK sale. Better to pay a Realtor and loose some money, then not get it sold at all and loose it all.

Need a good Realtor?
If In Alabama - e-mail me - pauld-kw@hotmail.com
If not in Alabama - I can still recommend an experienced Realtor from your area that will give you OUTSTANDING service! I work with a network of Realtors across North America.
http://www.pauld-kw.com
http://www.bhammls.com/dziedzic

I will personally guarantee the service my referral will give you.


zdonz
you dont have time to fool around trying to sell it yourself....get a realtor and negotiate the commission....i have paid as low as 2.9%


Anita C
I strongly recommend hiring a Realtor to assist you. But make sure that it is someone who is experienced with foreclosure properties and "short sales". Call a few of the firms in your area, ask to speak with the managing broker, not the agent on duty. Ask the broker for an agent who works with foreclosures. An experience agent can contact the mortgage company and can often work out an agreement with them regarding the sale. They can arrange for a temporary hold on the foreclosure proceedings to allow time to get the property sold, reduce the payoff amount to the sales price less expenses (so that you walk away from the closing with no profit but also no foreclosure on your record, the agent gets paid and the mortgage company still gets most, if not all of the balance).

For some good information on how to proceed, check out the HUD website regarding foreclosures and your rights. This is specific to FHA loans but does have good information that can apply to other types of loans.

http://www.hud.gov/foreclosure/index.cfm

Good Luck.


Wisdom Troll
VERY Bad idea! You need someone to expedite the sale and possibly negotiate a short sale with your lender. Find an agent experienced in foreclosure sales. Don't worry about a few dollars at this point....you don't have time on your side.

That said I really don't care for Realtors...but this is a situation where you really need one.

Good luck.

Edit: The realtor would be taking your listing with full knowledge of the possibility that your house sells for less than would be needed to pay for his commission. You should talk to him/her...and ensure you aren't liable if the house doesn't sell for enough. The realtor should be able to negotiate this entire transaction for you and ensure he gets paid....find one who knows your situation. It's MLS that sells houses.


Five Stars Mortgage
Where are you located?

There are investor out there that will pay cash for your house or help you get caught up and take over your payments.

You can find them easily by searching the web for foreclosure buyer in your area. That or look in the yellow pages or local advertisments for home buyers. They are all over the place and very eager to take your property off your hands for you.

I buy homes in Florida all the time like this. I know I can buy a house cash in two days.. I'm sure investors in your area can do the same.


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