How long does it take to find out if your offer on the house of foreclosure was accepted?
I know foreclosed homes (not short sale) requires more than a regular house for sale. I wondered how long it took to hear if your offer was accepted. What was your process and experience?
I recently bought a foreclosed (bank owned). It took us one day and got the response that our offer was accepted against 4 other offers. house same offer we put back when I was in a short sale that took us three months and still no news until it was foreclosed. In other put a foreclosed home bid on everything from 3 days to 2 weeks.
TheRealDeal – Suze Orman offers advice to homeowners
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10 points best answer response. Please help with school project (interview questions)?
Hey guys, I want to thank you for taking the time to help me with my question. I really appreciate it. But I have a great interview quiz this week and my role is to interview a manager of retail and im freaking out. heres the questions. 1. What is your definition of teamwork? 2. How can the building of our team? 3. What are the short-term goals to improve immediate sales? 4. Customers are exceptional customer service. How do I show this and attract customers to our shop? 5. What can do differently to save our money without jeopardizing our store customer service? 6. What other management experience? 7. What you think are the most important qualities of an effective leader / manager? Why? How do you determine success? 8. Remember a moment and explain they had to carry out disciplinary action to a subordinate? How do you handle? and what would you have done differently? 9. What are your career goals?
1.Every doing there part and work together to achieve the objective. 2.Recognize each area the need to fill and make known the right person for that area in particular. 3.Using the "buzzwords" such as, Free, Extra, extra, to talk with the customer and always shown special interest in those needs. 4.I carry out the "RED" Capet "treatment" Treat each customer as copyright, basically. 5.Simple, cut-out all waste including time. 6.Being a Manager requires that I be able to adopt my-self to what you can do to keep customers happy and satisfied, even if that means I go out of my way to get what they want. 7.First should be able to understand what needs to be personal here, inventory, location, human resources, accounting, and be able to delegate all this in a well-oiled fine Machine.Honesty make money, loyalty, reliability, accuracy, reliability that is only part of my formula for success. 8.The is serious, an employee, there was a problem drinking, he and I and one of the supervisors had a meeting in my office and was told it would help if you check-in to the local hospital, he did, his work was there for him when he was discharged, and had long-term counseling. 9.Expanding my education and obtain a master's degree in business psychology, and an expansion als of soft-ware technology, and to continue working for this company.
Keep your house without foreclosure and short sale
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DataVerify launches new products to eliminate the overvaluation and Short Sale Fraud DataVerify has improved its fraud management platform across the enterprise, unit to help mortgage lenders identify and prevent potential short sale and property flipping losses.
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[mage lang=”en|es|en” source=”flickr”]mobile homes for sale[/mage] How I can buy mobile homes from FEMA?
There are thousands of travel trailers that FEMA bought for Katrina hurricane relief sitting in an airport in Hope, Arkansas. It seems as if it will not be able to use many of these houses. Will selling these houses to try to recover part of its cost. If so, how I buy one or 20 of the mobile homes.
I do not think they are allowed to sell those. But here is your site going to ask them. Managing agency emergency federal FEMA website http://www.fema.gov/ Good Luck
Beautiful 2 Bedroom 2 Bath Mobile Home for Sale – UPDATED PRICE!!
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When I am able to start the loan approval process for a short sale contract ratification?
We had our offer accepted on a house short sale the homeowner, and we know that the bank owns the house must approve the short sale, but since we have "ratified" contract homeowner are now able to start the loan approval process through our mortgage loan officer, or shall we look for The bank approves the sale? Also for home buyers tax credit in the first place, I know you must be under contract on April 30, 2010, then that means that we have met that requirement, since they are under contract in the house because the landlord ratified the contract? Or is that the requirement of necessity approval to banks to be officially undercontract? Note: The site has been updated MLS that the house is under contract. We are prequalified on the road. But of course is fair, based on income and the tax credit. I use alias on final passage is to underwriting, etc.
I "ll assume you're pre-qualified. I would not start the loan process until you have fully accepted by the lender and signed, copies of which signed an agreement in hand. You qualify if contract are agreed and signed by all parties. Keep in mind, this is a tax credit, not a rebate. When you file your tax return for the year 2010, there is a way of filling in addition to ordinary income tax credit and show your tax liability. Most people think they're getting money in cash.
Luxury Home Short Sales Real Estate Foreclosures Investing
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[mage lang=”en|es|en” source=”flickr”]short sale house[/mage] Is buying a house short sale is always a good deal?
And there's a way to get a list, or find a way to find these simply? What are some of the falls? I'm doing this to buy RE rental income. I am not a broker, agent, etc, just a regular guy in search a good investment, and possibly to buy a house for me to live in as well.
There is no kind of property that is "always a good business. "properties for sale are young households that have loans that are worth more than the house is. These sellers are asking their lenders to accept unless they should sell the house. No lender is going to let go of a cheap house unless absolutely necessary. There is a possibility that you will get a lender to dump highly motivated the house to get everything to it, but that is the case for any type of property in a declining market. Your best bet is to follow a neighborhood. Learn int-area homes and track them when they go on the market and when they sell. Start writing offers on homes as a midwife available and after having been on sale for more than 120 days. Do not discriminate between types of homes! look at new homes, resale, REO (foreclosed) and short sale. Get a good eye for value (know your market) – which is the only way to recognize good opportunities.
Fort Worth Home Real Estate Short Sale Stopping Foreclosures
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Insiders give away their thoughts when shopping: John Dorfman An indicator of the stock market does not receive enough attention is the purchase or sale of shares in the company for the inmates.
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More people are buying homes and condos. The home and condo sales are up 11.4% in the first quarter of 2010 compared to 2009. The reasons are very simple – The low prices and low interest rates. Short sale and foreclosures represent more than half of all sales in some markets.
Short sales and foreclosures are presenting some truly amazing deals and buy one of these great offers is what you are looking for. To get the best deal, it is important follow a few critical steps in the purchase. This short guide will give you the basics of buying on the market today.
1. Define what you want
What is what you want in a home or condo? What do you pay? Where do you want to be found? Answer these questions before taking it seriously. The number of properties available in the markets for short selling and execution make this really important. When you're navigating, this step is not so important, but when you think you are ready to explore the purchase, you really should define your wishes and needs.
2. Knowing the market where you buy
You need to know the local market smaller markets in the convenience markets. You can find a wealth of information and price trends in zillow.com, trulia.com, and many housevalues.com others. Such services are ideal for research, but the information is often a few months ago. More current information is available in an active agent local real estate.
3. Get your financing in order
In many cases, these days we are dealing directly with banks and companies mortgages. When we make an offer on a short sale or foreclosure, financing or proof of funds must be in place.
4. Venture
Once you know what you want, it's time to view the properties. Viewing properties is a process. You can start with a list of properties that interest you, maybe five , or ten. You can get that list of different places, but the list of the best, probably, your local real estate agent.
It is possible that as few or any goods in the first list. Do not be discouraged, this is part of the process and very normal. What is the best real estate agents do is ask questions about each property In order to determine what you like and dislike. The next time you go out you will see the properties on the basis of these criteria. Continue the process until you find the house or condo that meets your needs. Then you are ready for the offer and negotiations.
5. Make Offer
How low do I go?
The offer you make will be based on a few main factors:
* How long has the property on the market? * Are there other offers? * Competition in the price range * The time and patience * You
One bedroom two to two bath condo on the beach at a low price may out competitive bids. If the property is in the market for a few days and has several offers, is well below the listed price will probably not work. If property has been on the market for a long time, going down makes sense. For short sales and foreclosures, often wait weeks or months for a response banks so that it takes patience. You have a better chance to go low short sales. Once the bank has foreclosed on a property, set a price that is searching based on the market today.
Meet local sales numbers. What price range are the majority of sales take place? In some markets, homes and condos for sale $ 200,000, up more than 75% market share. If you are bidding on a hot price range, there may be more competition.
The decision to bid for a property is yours and depends on you more than anything else. A real estate can offer a guide, but you need to take the decision. Let the real estate agent to obtain all available information on ownership and recent similar sales and tell you what think, but you have to decide.
6. After your offer is accepted
After the offer is accepted must obtain an inspection. An inspection is necessary for you to protect yourself. It is also necessary to carefully read the title of reports, especially if additions or modifications are made. Make sure what should have been allowed was recorded properly.
Read the Evaluation Report. You are in search of errors, lack of benefits and anything I can do the estimated value below what it should be.
7. Get Help
A good real estate agent should make the process as easy as possible. Find out who is the best short sale and foreclosure agents are in your area. The officer must have training and certification and a history closing of such transactions. If you hire a lawyer or accountant, hire the best you can afford. Get the best help I can.
After these Seven steps can help you get a great deal in buying short sale and foreclosure.
Michael Byrne is the owner of CenterPointe Realty in the Daytona Beach Florida Area. With his wife Lynn, they have over 13 years of marketing and selling homes and condos. They have worked with sellers and buyers to close over 50 Daytona Beach foreclosures and short sales. Lynn is recognized as one of the top experts in distressed property in the area. To learn more go to ==> Daytona Beach Real Estate
Short Sale Solutions ~ Training for Real Estate Agents
Does anyone have experience with the sale by the owner?
Thinking about selling the house using for sale by owner, but wondered what experiences of other people have been sold this way. Is it a big hassle, do people actually look at these lists, etc? He has been using a realtor traditional roots with no success and the contract is up next week and want to seek alternatives.
I think you mean the company assets roots from a particular call. If so, you get what you pay, limited services. In most cases not to cooperate with other real estate agents, so that the exposure limits of your home. You still pay a commission, but is a fixed rate depending on the price of housing. You would better off going with another conventional real estate office. More seller knows that real estate commissions are negotiable. Do not negotiate too low because they discourage to other offices to show the property. Realtor.sailor
FOR SALE BY OWNER (TRAILER)
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