Category Archives: Renting & Real Estate

When selling your home, what are some tips to make it more desirable to potential buyers?

miss_fred asked: We are putting our home up for sale and wonder if maybe any realtors out there, or recent home buyers have any advice on personal touches we can add to our home, such as simmering vanilla on the … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , | Leave a comment

Does anyone know anything about “renting to own” a home?

Nicole K asked: I asked a owner of a home for sale if she would consider renting to own. She said “she is open to anything” so she will talk to her bank about it. So what happens next? She … Continue reading

Posted in Renting & Real Estate | Tagged , , | Leave a comment

What is the most important factor in choosing a real estate agent to help me buy/sale a home?

Len M asked: I am looking for information to avoid a bad situation.Stacy

Posted in Renting & Real Estate | Tagged , , , | Leave a comment

Sales offer accepted, then came back and said another offer is on table?

muddog1121 asked: Made an offer on a home, offer accepted. Sent sales contract and ck made out to title company, got an e-mail today stating that the seller received another offer after ours was accepted (and the home wa not … Continue reading

Posted in Renting & Real Estate | Tagged , , , | Leave a comment

How does the equity of a home play a role in the sale of that home?

E S asked: I hear too often that if my home has equity then thats great when it comes time to sell. The way I see it is that If I own a home free and clear then selling the … Continue reading

Posted in Renting & Real Estate | Tagged , , | Leave a comment

how can I get my mortgage company to allow me to sell my home on a short sale?

JUSTON G asked: I am joining the Army and will be leaving in May. I am not going to be able to pay the mortgage once I am gone. I have been unable to sell my home over the past … Continue reading

Posted in Renting & Real Estate | Tagged , , , , | 7 Comments

In California, do second lien holders (junior liens) get wiped out if I buy a home at the trustee sale?

BEJARANO asked: I am interested in buying homes at the trustee sale. My concern is to know exactly what liens I will be responsible to pay if I am the successful bidders at the court house. Any advice would be … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , | 2 Comments

Spec Home for Sale: Should I ride the market out or try to rent?

bigboatguy asked: I have a spec home on the market (Metro Detroit – the foreclosure capital!) and the carrying costs are starting to add up. I’m wondering if I should try to rent it out to cover my expenses, or … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , | 4 Comments

I will loose more money on my home sale than I can pay; what are my options other than bankruptcy?

pizon101 asked: I have absolutely no other debt. I can liquidate every asset that I have and likely not cover 100% of the loss….AND I would have a difficult time functioning. I.E. get to work, get groceries, etc… I guess … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , , , | 3 Comments

We’re about to list our home for sale. Should we spend the money to finish a 1/2 bath?

Jenna asked: We started to put in a 1/2 bath off of the kitchen. Currently just 1 full bath in the entire house. Should we spend the $1500 to finish it? I had the idea of making it a breakfast … Continue reading

Posted in Renting & Real Estate | Tagged , , , , , | 9 Comments