Real Estate

I have had a condo for the past 7 years…always paid my mortgage and condo fee on time…A1 credit…well last year I became pregnant and had a little girl in Dec 2010…before having her I try to sell my condo for over a year and no luck…so right before I had her, I had no choice but to move, because I would not be able to afford my 1 bed 1 bath condo and the expenes of having a child (daycare, pamper, formula, etc…my condo fee when i first moved there was only like 200, now it’s $579…I have now moved to a 2 bedroom 3bth rental townhouse (which is less than the condo) and got a roommate to help with my every day expenses…my condo has been up for a short sale since dec and had to drop the price over 82,000 to sale…but all interested individuals has turned away because of the high condo fee…I just don’t know what to do…it’s all utilities included, but still 579 is expensive for a condo fee, which if anyone who buys it, their mortgage would be less…i could see if it was a luxury condo, but they are old and were built in 1970’s and management is terrible…i would attend the home association meetings, and they would say we are behind in water bill 30,000 and we behind in our electric bill 40,000…im sitting trying to figure out where is the money going…I’m scared it’s going to go in foreclosure, and I really do not want that to happen..I also work for the federal gov for 13 yrs, and looking for a new job within the government, and I’m so worried they will do a background check on me, and see I’m behind in my mortgage…I worry everyday about this, but had no choice but to move since I couldn’t afford it anymore…I just pray that someone will buy it ASAP…
I have done everything to promote, by saying all utilties included, stainless steel, up-to-date condo, etc…I didn’t have no choice, I couldn’t afford it with my baby…so for you to say that i just walked away from my responsilbities is a low blow…I DIDN’T have a choice…I’m very responsible and all my other bills get paid on time EVERY month…I’m really stuck…been trying to sell for almost 2 yrs now..and the condos in the complex over 50% is already in foreclosure…

The REALTOR that you selected to list your Condo for sale will be your best source of information.

Unfortunately, If 50% of the units in your complex are in foreclosure, it will be very difficult for a new buyer to get financing.

Also as a Short Sale, most short sale lenders take a very long time (months) to approve a Short Sale.

With respect to the background check, I recommend that you keep your other payments current.

There are many good people in your position with short sales. Very likely the best that you can do is keep your other payments current and try to show that the short sale was due to the problems that we are currently having with our economy.

It will be my first home, that I can call mine. LAter I would like to rent it out, when I am done with school, and purchase the home I want. Thats waht I mean by "good are". It is important to be new, or even in constructon.

North Carolina, Davidson county or guild ford county.

you should concern with property dealer.

I’m looking at a $39,000 condo for sale and it says potential short sale. Can anyone tell me what does this mean? Thanks.

It means that the asking price is $39,000 and implies that anything less than that would be a short sale, so it would mean lender approval.

Short sale means a house is selling for less than the outstanding balance with the mortgages. The lender would have to approve the sale price because they would be taking a loss. Hypothetically, if you love the place, offering *more* than the short sale price means there would not be lender approval, and it would go smoother. Of course, your (future) home would have to appraise enough for the loan.

Good luck!

My mom is moving to live with me so we planed to buy a little house or condo or just a single apartment.

I work at UCI,and I know houses in Irvine are extremely expensive,so I am looking for a property nearby(less than 1 hr driving)

Anyone has ideas that is it possible I can get a little one(2beds,1 or 2 baths) in which area that has not bad neighborhood around 100-150k?

Thanks

I recommend that you contact Robin Fenchel.

Robin Fenchel is a Real Estate Broker of Record, located in Irvine and she is a very good Real Estate Broker of Record.

The fact Robin Fenchel is a Broker of Record, indicates that she has a great deal of expertise. .

Robin Fenchel has approximately 25 years of experience in the Real Estate Industry.

You may contact Robin Fenchel at her office telephone number: (949)529-5605

Our third bedroom, we used for storage and stuff. I know this is a no-no when showing your house for sale, so the miscellaneous stuff has been put in storage. I have NO furniture to put in there, and I won’t buy any because our new condo has less space.

I can either put a matress (with covers) directly on the floor to show the room is large enough for a queen, or else leave it totally empty. What will appeal best to buyers ?

Many stagers put two blow up mattresses. It looks like a bed.
Cheep and better than an empty room.

I have a condo unit that have not been able to pay, I have kept up with assessments. I recently put it up for short sale and am usually working but I think the bank is trying to serve me with court papers. I have received a first notice already but not a second. How much time do I have before i need to move out. And can i get in trouble if I am not home to receive second notice

if you had asked this 4 yrs ago, you would have been given the DEFAULT answer, as it was
a "mechanical, fast process." Today, with the fed told by the president to not foreclosure unless
the bank HAS too, it is advisable to work on paying off the loan.

If you can pay 25% of the normal payments, this will help you immensely. WHEN you are
working FT again, at a pay rate at least 75% of what you used to earn, start making payments
2x a mo. IT is VERY feasible that you will NOT lose your condo at all!!!

It is very feasible that you need only to get back to normal payments within 6 mo and
no problem will occur with the lender.

YOU did not state if you have any equity or how long you have owned the property; it does matter.

Available to guide you, free

I have a problem. I will be moving into an apartment and I already have furniture. I know two people living in this complex. One of the people has beige carpet and the other has hardwood floors (he is also the maintenance person there), but these floors are only in the condos for sale. My couch is beige, but everything else is cherry wood including bedset. The unit I will be living ended up having dark brown carpet. Even though I already had furniture, I assumed all the carpet in the complex would be light. What else can I do besides accent rugs and light pillows to make it look brighter?

hello, hang drapes using a solid color would be nice if it’s not a real bright color. i think solid and texture drapes will work with a chocolate brown carpet. what color are your walls? if their the typical solid white ask if you could paint one wall and use that wall as your accent color. what color to use, well that really depends on your decor. the manager/owner will probably be reluctant to the approve painting but if you tell them that you will be sure to paint it back to the white then usually they are ok with it. ask for the color palette they used so that you have that when you buy paint to repaint your color walls to white. you don’t want to have to many area rugs, place them where is doesn’t overpower your decor or make your chocolate carpet stand out more.

check out HGTV.com for more decorating ideas.

I’m looking for condos in or near the new Baltimore area for sale by owner

For Sale By Owner Properties are overpriced in most cases.

I recommend that you look for properties that are priced at Fair Market Value or less.

I recommend that you avoid the overpriced properties.

MLS.com has all properties for sale in the US which has an MLS number (which is every home and condo being sold by a Realtor). It plots them all on a map so you can easily narrow down by geographical area – and see all those listed in a single building.

condo at 1500 Presidential Way West Palm Beach fl.33401, I would like to list it For Sale

Ok?