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Below is a list of questions from the "Ask a real estate professional" form. Real estate professionals on ActiveRain may provide answers to these questions. Please read the disclaimer at the bottom of the page.

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Location: California
Submitted 07/04/09 08:56 PM

Q. if i purchase a home as a first time home buyer with a 3 1/2% down payment, can i purchase a second one within a year with a 3 1/2% down payment?

1 Answer(s)

Location: California
Submitted 07/04/09 05:57 PM

Q. Where do I file a complaint regarding real estate broker whose staff seems incompetent which cost us the home we were purchasing. 1) We bid on a house early June and it went pending so we moved on. 2) We bid on another house we saw, but we were contacted by the other agent that we got the house...to make the story short, we were told we got the house, then we were told the bank took cash offer...so for the second time, we moved on... then we got a call saying that the cash offer backed out and if we still want the house, we have it (this is on a Friday). We specifically told the listing agent's office that we put in a bid to another house and we need to make sure that we have the house before we rescinded our offer. We were told yes so we rescinded our other offer and was waiting to get final documentation and escrow information. Then on Monday, the listing agent's office contacted our realtor saying "oh the bank made a mistake and there is another offer" and there is a possibility that we "do not" have the house..... etc. etc... So HELP... purchasing a home is stressful enough and dealing with incompetent office is much harder. We want to make sure that no one else goes through the roller-coaster that we went through... Thank you.

0 Answer(s)

Location: California
Submitted 07/04/09 02:49 AM

Q. HI I have been contacted by DRE saying they received a complaint on a loan file , they want me to send a declaration and also the file to them, should I talk to an attorney. I am not sure what the complaint was, but they also want three random files to check as well. is there a list of what should be in a mortgage file to. cross reference with. should I be worried I am the broker but I had an agent who did the deal 3 years ago. califonia brokers please respond.

0 Answer(s)

Location: British Columbia
Submitted 07/03/09 08:45 PM

Q. Would like more info re 4578 Horsefly-Quesnel Lake Rd.

0 Answer(s)

Location: Colorado
Submitted 07/03/09 07:37 PM

Q. Cash Buyer Call 303-921-8193 paul.vigil@comcast.net PS. Check out this website: http://www.cashflownotebuyersellerfinder.com

0 Answer(s)

Location: British Columbia
Submitted 07/02/09 10:01 AM

Q. Hi, I was wondering if anyone could help me find a rental for my husband in Abbotsford. Needs to be near the New Ice Rink. I'm having a difficult time and can't find any listings for rentals on the web? Thanks, Susan

1 Answer(s)

Location: Texas
Submitted 07/02/09 12:12 AM

Q. I am planning on putting my house on the market in about a year. There are a few basic improvements that I'm planning on (new paint, minor landscaping, etc...) before I try to sell. The one thing I'm not sure of though is the flooring. I know I need new flooring (right now it's carpet and in not the greatest of shape) but I'm wondering what to get. I have a limited budget and since it will be less than a year before I list the house I don't want to go too crazy. In the price range I can afford is either a really cheap engineered hardwood or a really nice wood laminate. I would like to know if going with the cheap hardwood would be better as far as resale value/attractiveness of the house more so than the really nice laminate flooring or if it would just be better to put in new carpet. Thanks in advance.

2 Answer(s)

Location: Florida
Submitted 07/01/09 08:30 PM

Q. Can a short sale report of "settled for less than full balance" ever be negotiated or legitimately erased after it has been posted? I know that credit repair scams are rampant on the internet but a realtor was telling me that if I look hard enough, there are ways to remove this for a price. The fact that even the lesser effect of the short sale over Foreclosure or DIL has the lender report to the credit reporting agencies a Score Factor Code #22, can immensely damage any chances of buying another home or refinancing a current one for about 2 years. Is anyone familiar with legal credit repair?

0 Answer(s)

Location: Kansas
Submitted 07/01/09 04:14 PM

Q. What's the best way to get home rent or buying information in Gardner, Kansas without being able to drive there?

1 Answer(s)

Location: North Carolina
Submitted 07/01/09 02:58 PM

Q. interested in an agent who will list only for a fee

1 Answer(s)

Location: South Carolina
Submitted 06/30/09 11:35 AM

Q. Looking for a 2bdr, 2bath, garage, acreage,studio in west union and wallahalla

0 Answer(s)

Location: Arizona
Submitted 06/30/09 10:56 AM

Q. Can a 19 year old get a home transfer to him. He has never lived here in the U.S.A before. He dosent have credit. Can he get a home transferd?

1 Answer(s)

Location: Texas
Submitted 06/29/09 06:56 PM

Q. What is a- 1.Certificated Service Area Of a Utility Service Provider 2. Public Improvement District Thank You.

0 Answer(s)

Location: New Mexico
Submitted 06/29/09 02:12 PM

Q. what are end unit, canyon side Pine Glens or comps going for?

0 Answer(s)

Location: Maryland
Submitted 06/29/09 01:06 AM

Q. Are there many active properties in the Lutherville/Timonium, Hunt Valley, Towson, or Ruxton areas that are lease with an option to buy? Thanks, Cristine

1 Answer(s)

Location: Texas
Submitted 06/28/09 01:16 PM

Q. There is a horse property on Hiway 5 in Melissa about 34 acres, looks like foreclosure..but has permit sign on gate. Would like to know status of property as we used to own it.

0 Answer(s)

Location: Florida
Submitted 06/27/09 08:41 PM

Q. I have an investment property (rented) in Hillsborough county and needles to say, upside down. I know the property will never be worth what I owe on it (about 350% upside down) and don't know whether I should attempt a loan mod or short sale. I'm not in default nor late but my income has drastically been reduced this year and cannot continue all these expenses. The loan mod only keeps me in a bad situation that I can never sell and the short sale will have negative effect on my credit but gives me my life back. I'm leaning towards the short sale since a loan mod will only cost me more money and prolong the agony. If I attempt a short sale, are there qualified agents that will have a ready market for selling my property and can also help me negotiate decent terms with the lender? (Namely, no deficiency judgment or recourse). How long should the process take with the right agent negotiating with my lender and finding a buyer? I'm aware that a 100C must be dealt with. Please, any experienced specialists, I value your advice. Steve

1 Answer(s)

Location: Arkansas
Submitted 06/27/09 12:13 PM

Q. Hello, My name is Valerie Y. Wheeler. I am contacting you (& others) at the suggestion of Melissa O’Neal of the Harrison District Board of Realtors. I am co-owner of real estate in Boone County that my daughter Elizabeth D. (Wheeler) Alcantara has been trying to sell. I spoke directly with the real estate agent who was representing Elizabeth. That person is not associated with your agency. However, I am trying to be proactive to prevent a future problem. That agent told me Elizabeth has a document which appeared to be signed by me giving consent to sell. And I suspect Elizabeth may contact other agencies to try to sell the property now that the first Realtor will no longer represent her. I have not signed anything giving my permission for the sale. The property location is Lot 15, Oak Grove Estates, Phase I, Boone County, Arkansas. The address is 3220 Big Oak Road, Harrison, AR 72601. I repeat for emphasis, I have not given my permission for the sale of this property. Pleases inform other Realtors. I live in Newton County. My home phone is 870-428-5456. Cell 870-391-9133. e-mail. Home address HCR 62 BOX 269Ozone, AR 72854. Thank you, valerie@eritter.net

1 Answer(s)

Location: New Brunswick
Submitted 06/27/09 08:14 AM

Q. Can you please show me all listings for (homes) for sale?

0 Answer(s)

Location: Florida
Submitted 06/26/09 09:44 PM

Q. What is in your opinion the best boater's community/ condo association in Delray?

0 Answer(s)

Location: Indiana
Submitted 06/26/09 08:25 PM

Q. Is there an ordinance in the marion county Indpls. area ,that a realtor cannot leave a small sign at the end of a road with their logo, and an arrow pointing that there is a house for sale on that street ,and leave it up so potential buyers will see the directiion the house is located? but the sign doesnt say "house for sale" it just says the realtors company name?

1 Answer(s)

Location: Massachusetts
Submitted 06/26/09 06:16 PM

Q. Hello All! I'm a broker in Massachusetts. My agent is sending out an invoice for commissions due after her buyer purchased a property. My question is: As long as the check is sent to me as the broker, does the invoice have to be signed by me as well. Or, can the agent sign? Thanks in advance, David

0 Answer(s)

Location: New Brunswick
Submitted 06/26/09 05:03 PM

Q. Do you have a list of homes with addresses in the Centreville/Florenceville New Brunswick, Canada area that you could e-mail me? I'm looking for something I can do rent to own on. If you have any helpful info plz e-mail me back. Thanx Sincerely, Dora

0 Answer(s)

Location: Florida
Submitted 06/26/09 12:27 PM

Q. How can I access the flights available through space a travel?

0 Answer(s)

Location: Illinois
Submitted 06/26/09 11:00 AM

Q. I am looking for an Chinese agent in Chicago. I have a referral for him. AAA Realtors - Peter Wu / Broker 214-682-8888 777realty@gmail.com

0 Answer(s)

Location: North Carolina
Submitted 06/26/09 09:01 AM

Q. Why isn't Royall Oaks listed as a community in Emerald Isle? This is a beautiful, serene, sound-side community with a gorgeous, well-priced home for sale.

2 Answer(s)

Location: Illinois
Submitted 06/25/09 08:34 PM

Q. My husband and I own a home in Illinois, but it has foundation problems, to the tune of $15,000, but we want to sell it and get out from under it. Is there anyway we would be able to sell it with that problem? The county we live in has told us that the property value is $119,000 and we owe $93,000. Please help me if you can, Tammy Whited.

3 Answer(s)

Location: Texas
Submitted 06/25/09 03:46 PM

Q. How do you find out how much a house sold for if it was "sold by owner"?

1 Answer(s)

Location: California
Submitted 06/25/09 12:25 PM

Q. I am looking for a referral for a well qualified Wells Fargo loan rep in South O.C. Minimum 10-years of experience. I have a client with 20% down and 780+ fico looking for a competitive loan under $417k. Let me know. -Thanks, Brent

0 Answer(s)

Location: New York
Submitted 06/25/09 08:21 AM

Q. Do real estate companies or agents, have a legal responsibility, to keep their properties "clean"...specifically, clean from various types of debris, that is dumped on the properties, that they represent ? New York State, here. Thanks, MW

0 Answer(s)

Location: New Jersey
Submitted 06/24/09 02:39 PM

Q. my boyfriend and i would like to purchase a home however he has to sell his which he bought 18 months ago. Needless to say he will take a $40,000 loss is it better to wait for the market to go up or should we sell for less and buy for less?

2 Answer(s)

Location: Ontario
Submitted 06/24/09 02:15 PM

Q. My husband and I have an accepted aggreement to purchase a home and the deal is set to close on July 31st. Everything is set to go, just waiting for closing day. Last night my husband decides that he no longer wants me to move into the new home. He would rather move in with his children and his father. Where does this leave me? I feel used and conned. He used me to get a home that he wanted and now I am on the new mortgage and responsible for assisting him with payments. If I say no, he refuses to pay the new mortgage and forces me into bankruptcy as well as himself. He has used this as a threat and I believe that he has no problem fulfiling this threat. What then are my options. Secondly, we did have our current home on the market but no bites. We decided to rent our home out and have a signed 1 year lease with a tenant. Since I cannot move into the new home, can I choose to stay in my home now (name on deed and mortgage is mine only), or must I move myself and 3 children out for a period of one year so I can honour the lease agreement.

3 Answer(s)

Location: Ohio
Submitted 06/24/09 02:09 PM

Q. My family is interested in buying the old Rockwell's resturant and making it a nightclub. how do we go about doing this and how can we find out who has ownership of this shutdown property?

1 Answer(s)

Location: Ontario
Submitted 06/23/09 08:49 PM

Q. My father recently died and his name and my mother's are both on the deed for their home. What has to be done to remove his name from the deed. We are planning to sell the house and wondering what legalities are required.

3 Answer(s)

Location: Nevada
Submitted 06/22/09 10:26 PM

Q. I live in Nevada and was told that if I bought a house I could get out of my lease, is this true

3 Answer(s)

Location: Arizona
Submitted 06/22/09 07:58 PM

Q. Who here has considered MAKING A RESIDUAL MONTH AFTER MONTH RATHER THAN A ONE-TIME PAYOUT OUT JUST ON SALES COMMISION ALONE? I can help you use a system that will pay you something continually. I have Brokers and Agents who make more in residual getting paid month after month on doing something once than the commisons from selling homes each month. My Mentor told me...you need to have a SYSTEM if you want to become succesful. I said ok what kind of system should I have. He just said make sure it is a S.Y.S.T.E.M.= Save Yourself Time Energy and Money. I have found a simple system that I have had my business partners in real estate use that has allowed them to create a monthly residual. And it is simple! I took time to learn it and now have perfected this system...I definantly save time energy and money doing this everytime I can, use this and you can seamlessly impliment it and start seeing instant results. Stern_partners@yahoo.com

0 Answer(s)

Location: Arizona
Submitted 06/22/09 07:53 PM

Q. Does anyone have an idea on how to build client to seller relationships? I have an idea or two. I feel you must make them feel like you have gone the extra step for them! Any ideas please repsond so we can talk further

2 Answer(s)

Location: Quebec
Submitted 06/22/09 05:34 PM

Q. What was the damage in Malartic after the recent forest fire? Is it true that only 2 houses didn't burn down?

0 Answer(s)

Location: Indiana
Submitted 06/22/09 05:05 PM

Q. Indiana residentail purchase can an LLC qualify for the homestead act ? or can i put my son name since he will be living there?

0 Answer(s)

Location: Tennessee
Submitted 06/22/09 02:37 PM

Q. Finding a top selling agent- suggestion's

2 Answer(s)

Location: Maryland
Submitted 06/22/09 02:21 PM

Q. Any agents out there with expired or about-to-expire listings where a Rent-To-Sell / Rent-To-Own transaction may work for your client? We have several Tenant/Buyers looking for the right home and the right area. More detail are on my profile page. Great way to get your full commission on an otherwise dead deal!

1 Answer(s)

Location: New Hampshire
Submitted 06/22/09 01:30 PM

Q. I am looking for a Mortgage Lender that will do a loan for a client of mine who is buying a log home with 23 acres, FHA loan, with mid score 610....income is over 160K/yr. ANYONE know of a lender to send this loan through who will do the ALL these issues? I am in desperate need of answers.. Thanks so much

0 Answer(s)

Location: Texas
Submitted 06/21/09 06:52 AM

Q. Do the federal government give housing allowances to first time buyers?

1 Answer(s)

Location: Massachusetts
Submitted 06/20/09 05:13 PM

Q. Would there be a discernable difference in the market value of a 4 year old townhome, located directly across from open farmland and state forest treeline - with direct line-of-sight views from both living room and master bedroom...... vs. the same property with a retail plaza and associated parking lot on the 16 acre property? I realize it's a rather broad description... but just wondering if there is "generally accepted standards" covering this type of location. Thank you for any input.......or any further questions concerning the circumstances... best regards, Greg

5 Answer(s)

Location: Arizona
Submitted 06/20/09 12:04 PM

Q. Does anyone have a "normal" listing for a relocation buyer ready to move in 3-4 wks. Maricopa city, AZ. 4bd/2ba single story 2car tandem or 3car gar, with pool. max price $150,000. not in Maricopa meadows

0 Answer(s)

Location: New York
Submitted 06/20/09 06:53 AM

Q. Do you network with a good insurance broker? Just wondering, as I know most Realtors netwrok with lawyers and appraisers but was wondering about insurance...............

0 Answer(s)

Location: Maryland
Submitted 06/19/09 11:13 PM

Q. Just received a letter from Mr. Jeff Weber related to a VA loan ......streamline rate......and refinance to a lower rate...please answer by email to callyborges@hotmail.com....

0 Answer(s)

Location: New Jersey
Submitted 06/19/09 04:26 PM

Q. Attention!! Can someone buy a SFR or a 2 Family with a 580-619 Fico Score? Yes they can! PURCHASES: 96.5% Financing UP TO 6% SELLER’S CONCESSION ALLOWED!!! Max DTI 40/47 & 12mon. Cancelled Rent Checks. SFR Or 2 Family Only, Max Loan= $417,000.00 1st Time Buyer? $8,000 Tax Credit, ends Nov. 30th, 09 For Fast Closings, Call for more details!

0 Answer(s)

Location: Illinois
Submitted 06/19/09 04:01 PM

Q. Does anyone know ANYONE whose lending to investors for Rehabs.. I got a couple of clients that need help fast! Carmen Bruton

0 Answer(s)

Location: Pennsylvania
Submitted 06/19/09 03:07 PM

Q. Is it true that when selling a house that is purchased within 2 years of the listing there is no tax to be paid on the profit of the property ? Sounds too good to be true.

2 Answer(s)

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