All Forum Posts by: Lydia S.

@Tony Legg

If you do this, remember you can't accept an FHA loan from a buyer for 90 days so it may exclude a significant number of buyers.

@Hunter Reed

Realize that there's a difference between an MLS and public websites which also display listings. An MLS is where agents and Realtors place their listings and these are potentially shared with public websites such as realtor dot com and zillow and a multitude of other sites.

You can access those free public sites anytime but they may or may not be accurate or up to date.

For access to the actual MLS for an area, you can ask a Realtor to create a portal for you, where you can create your own searches.

Contact a Realtor or a few and have a conversation about what your plans and goals are, and when you find someone who you seem to connect with, ask them for a portal so you can start your research while you work towards your financial position.

Much success to you!

@Aaron Lietz

Of the Lenders I recommend to clients, most were introduced by speaking to our Brokerage, or who contacted me for an individual coffee/meeting to build rapport and share what they had to offer.  Including the types of loan programs, partnering up on marketing materials or online platforms like List Reports, Listing Booster and Total Expert, and holding open houses together- supplying flyers and food.

Then most importantly, they’ve proven themselves to be responsive and capable of handling the transactions, especially challenging ones!  They can always be reached by phone or text, evenings and weekends.  
as mentioned above, share what might make your programs or products different from other Lenders, so when we get buyers who are for example, self-employed, or need down payment assistance, we know which Lender can work with them.

So call some Brokerages or some Realtors and start networking, lunch and learn meetings, send the occasional buyer to those you connect with, keep in touch, be easy to access, friend them on social media, and work hard for their clients!

Best of luck!!

Your purchase agreement likely has a deadline in which to terminate based upon this due diligence, if you desire.

Investor purchases in an HOA are always a crapshoot until you get to review the documents.

First thing I would suggest is contacting your Realtor and asking for a market analysis.  That won’t cost you $700 and will give you an idea whether to move forward with the appraisal.

Did you buy with a conventional loan? Remember that FHA loans never drop PMI unless you refinance into a conventional loan.

Sorry to hear about your situation.  

If you had purchased a home warranty during the transaction, it would most likely cover replacement, however it is unlikely that obtaining a home warranty now will be of any use.

They typically only cover what breaks down after the purchase of a warranty.

I agree with others that you should get another opinion on the work required.

@Chad Spanberger

Each MLS will have various tools available to its members, such as Remine, Realtors Property Resource (RPR), InfoSparks, market statistics or others.

See what’s available to you there. Good luck!

@Greg R.

I asked some colleagues and found one recommendation-

Sabina Khusainova

505-563-0212

May be worth checking out.

@Anna Smith

Do you have a financing contingency in your contract?  If an appraisal can’t be completed, you can’t get the loan, and your contingency should protect your earnest money, as well as some or all of your appraisal fee.

@Adrian Molina

If the Listing agent took the pictures, you need their permission.  If they hired a photographer, you need that photographer’s permission.  
Copyright infringement has been a hot topic on some other Realtor forums lately.