Real Estate

http://www.koolik.com In this episode of Real Estate Today with Elliot Koolik of Koolik Group Realty, we will join Neil Stein, Senior mortgage consultant, of WCS Lending in discussing how to get the best mortgage interest rates in Florida. Market conditions and transitions can affect which are the lowest mortgage rates avaliable. A mortgage consultant is familiar with these conditions and changes in the market and will give you finance options for you to choose from. If you just walk into a bank, you are responsible for all paperwork and loan materials and will be offered little help or loan modification options. If you currently have a loan from a bank and you have locked your rate, the bank will not allow you to modify your loan in the event that the rate drops. Hiring a mortgage consultant will ensure that you get the lowest mortgage rates avaliable, even if you have locked your rate with a bank. The mortgage consultant will ship the loans for you and fill out any paperwork. The mortgage consultant will also estimate any fees outside of closing, including the good faith estimate and per diem interest due at closing. Mortgage consultants can also lower the interest rate of a loan with “points,” used to buy down mortgage rates. The best mortgage consultants in Florida will also help the borrower get Homeowner’s insurance at a reasonable deductable. Florida requires 12 months of homeowners insurance in advance before the lender will close on the loan. Mortgage consultants will guide you through the process of getting a loan and will get you the best mortgage interest rate that is right for your needs.

Duration : 0:9:45

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The building is the one next to the Oberoi in Marine Drive (South Mumbai)

Depends, what size are you interested in??

A Real Estate Bargain Must Be At A Discounted Price of Today’s Market Value, NOT YESTERDAYS LOSSES.
Also Sell Regardless of Property Values.
Mauricio Mateo & His Team Are Experts Getting Deals Based On Today’s Market Values, Not Based Yesterday’s Losses Contact Mateo’s Group With Fairfax Realty
Latino Division.

Duration : 0:5:2

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ok so today i was laying in the hammock and my parnets did’nt know i was there and they were talking about houses in this city near us that i love to death and i have made a point to say i want to live there we already have a cabin there, they where saying look at this house oh i like this one alot and looking alot of houses and been talking to a realestate guy and i know that they are thinking of it but im not sure and i dont want to just ask them, and then i found 3 homes that are great and extremely affordable but i dont know how to show my parnets,how can i be sure we are moving!!!

ask them or wait and find out when it too late

Today my Husband and I went to closing, the first problem was the tilte comp/lawyer attempted to use the money provided by the seller to pay for cost that my bank already paid for as wel as not place the contribution on the HUD needless to say after I advised them I am a closing agent the hud was changes and reflected a 600 diff. in the contract we asked for a septic clearance letter and termite clearance letter. We got the termite but instead of the seller providing a clearance letter they got the septic tank pumped we walked away because we refuse to closed without the septic clearance letter. My realestate agent advised us they have the receipt from the comp that pumped the tank we did not feel comfortable and advised them to provide the clearance from the county or give us our earnest money back. Is this a breach of contract and what can we do because our realtor seems to be working for the seller and not us as she suppose to be a buying agent

With the details provided I would say if the seller didn’t provide the ‘letter’, they are in breach. Also your agent is walking a thin line on the Fiduciary owed you.

I would write a letter to the agent (cc the broker) calmly pointing out the facts and that you intend to seek all actions and remedies afforded you by contract and law.

Guest today were invited to talk about the Houston Innner Loop. The show airs each Friday at 1PM on CNN 650 AM in the Houston Market. Guests: Steve Levine, Show Host and Publisher of Real Estate Executive Magazine, Rene Salvatierra, Co-Host and President of urbanFINANCIAL, Steven Kleiman of Oakington Realty, Rick Wayne of Rick Wayne Builders, and Jeff Jansen of Garage Town Texas, see: www.HoustonRealEstateTODAY.com

Duration : 0:4:45

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Theres no fence between mine and the neighbours house. There is a shared drive way between the two houses and garages in the back on either side so itd be hard to get a fence. I’m renting so i cant put one up myself. The realestate won’t do anything, yet they said they were getting quotes done when I moved in .. 10 MONTHS AGO!

Anyway .. my neighbours are great really nice people .. we often go over there and my partner has a few drinks with her parter occasionally. They are nice people .. Anyway she has 7&6 year old boys that love my son who is 19 months old.

Well they always use our trampoline in the backyard coz my son is a little to young for it yet (It doesnt have a net .. it did but they broke it so we just took it off .. Kept having to re-tie broken elastic …)

Now the problem is the trampoline is on our side of the yard and I dont mind them using it but its summer where I live so we have the windows open. The trampoline is directly inline with the window a few metres away .. They call out to my son and get him to talk to them through the window .. And they’ve done it about 10 times today! Even when we weren’t in the room i could hear them yelling out ..

Also on the other side of the house near the back door they come right around if they hear me and aiden in the kitchen, (we bake together .. =D) or they come around to get our cat (im allergic so it doesnt come inside) they come around to the backdoor and interrupt everything .. Its driving me crazy .. I often worry once i hop out of the bath or shower coz i forget a towel a lot of the time or my clothes so i have to run naked or wrap the towel around me. and when im sitting in the bath i can hear em at my backdoor or down the side near the backdoor andi have to wait for em to go till i can go into my room and get changed! I shouldnt have to do that in my own house!

One time i walked into the kitchen and the little boy had opened the door and was starting to walk into the kitchen! I told his mum about this and he got in trouble. Its great they love aiden so much but this is getting really annoying! Especially today when they called out to him while they couldnt even see him!

I cant wait till they go back to school!!! But in the meantime how do you think i could word it nicely? Maybe its just coz im pregnant and overreacting? lol .. thanx anyway .. i feel better now!
I should have to worry about remebering to bring a towel to the bathroom because the neighbours kids are snooping right around the other side of my house near the back door?? The linen cupboard is on the way to my bedroom a few steps out of the bathroom .. But it is in plain sight of the backdoor .. and the actually wooden door has a big glass panel ..
Im allergic to cats thats why it doesnt come inside .. I break out in hives and puff up .. my son recently had an allergic reaction to something and we dont know what and my dads passed his allergies to me so i couldve passed em to my son … i dont want to take the risk .. just incase .. hives are a pain in the bum! lol

Geez — how hard it is to remember to take clothes, a robe or a big towel into the bathroom with you? Seriously, you’re an adult, right? Put a towel bar in the bathroom and hang a towel in there. Or take your bath/shower first thing in the morning or at night when the neighbor kids won’t be around. Set limits for the neighbor kids — they can only jump on the trampoline for two hours in the afternoon (or whenever it’s convenient for you). Keep your doors locked so they can’t just walk right in. This is pretty basic stuff. You need to sit down with the mother and let her know that her kids’ noise has become a problem and the two of you can work out a friendly solution.

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Duration : 0:2:12

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I am buying a short sale property in the Detroit Metro Area. Here is what has been happening:

4.21.09 – Offer accepted by seller

4.23.09 – Realestate Office cashed Earnest Money Check

4.28.09 – Full Package sent in to CW with all docs and our pre-approval.

5.14.09 – Apraisal/BPO check cashed, done that week and sent to CW. Full Package with Appraisal / BPO sent to CW.

5.28.09 – found out that appraisal was done weeks ago and it approved for 71,000 or something like that.

6.2.09 – Told by Mortgage Lady that the house is ours, just waiting for a closing date… which I assume means CW accepted offer.

6.3.09 – Realestate Lady tells me "hoping to close in 2.5 weeks" (should be 6.22.09)

6.11.09 – Real Estate Lady tells me "setting a closing date in 7-10 days" (should be 6.22.09) Also, says CW has 24 files ahead of us, we are #25 in line.

6.19.09 – Mortgage Lady talks to Buyers Agent, no new news.

6.25.09 – Mortgage Lady and Buyers Agent say a few more weeks still to get a closing date (about Thursday 7.9.09)

6.26.09 – Sent in My Hardship Letter to CW (yes, me the buyer sent in a hardship letter, Buyers Agent who is a short sale specialist thinks it’s a good idea if we can get CW to sympathize with us and might bump our file up.. don’t know if it worked though..lol)

7.1.09 – Offer RE-submitted to PMI Negotiator to accept $1,000 from seller because they asked for $1000.00 from seller. (should have an answer next week sometime)

7.13.09 – It’s day 83! Today, no news as of yet (12:45pm). PMI Negotiators has had file for 13 days now and that’s after it was resubmitted with money from the seller that they wanted.

So, I guess my question is… how long does this PMI Negotiator take? They have had the re-submitted file for almost 2 weeks. What is going on?

Everything went so fast in the begining I thought we would be closing in 2 months..but In 1 week and 1 day, this short sale is going to be starting it’s 4th month…. Ridiculous.

It is very frustrating – I agree.

But remember that CW is not the seller. They are trying to decide if they will be better off cutting their losses and accepting a short amount as the full payoff of the mortgage. The PMI company is taking all or at least part of the loss (they insure to riskiest part of a mortgage loan) so they have to sign off on this agreement.

Part of what they are doing is checking out the seller to see if they have assets that the mortgage company can go after. They are also checking to see if there is any fraud going on- or has gone on in the past.

PMI and CW have no real interest in being in any hurry.

The clerk that is approving this gets paid an hourly wage and if they make a mistake they may get fired. But if they fallow the rules and because of that it takes so long that you walk away and the deal falls thru the clerk is not criticized at all.

So these deals take a very long time- and sometimes when they are finally approved the buyer is forced to act quickly or the deal will fall thru.

the house we were looking at was at $129900( it was on the market for 6 months). when we went to see the house last weekend it dropped down to 125k. we made an off of 125k and they cover closing costs. it’s been a couple of days. i asked the realestate agent about the offer . she said they are think about it. so today i was thinking can i offer to buy at 128k and get $1500 at closing and the rest of the other half of the $1500 to help them cover some of the closing cost?
it’s not a short sale and not a Foreclosure.
dallas – ft. worth area

If they are thinking about it, let them think. Do not go back and re write the offer. Let them come to you. The first person who makes the move after an offer is the person with the power. They may have been out of the town a few days…and only got it yesterday…If it has been on the market six months the Realtor, if she/he is a quality Realtor will let you know another offer has been received.

Patience may save you some money.