Real Estate Question and Answer
How to get your offer accepted
How to get your offer accepted Dear Phyllis, After looking at homes for nearly a year, and making four offers I can’t seem to get a home. I am not low balling, but making good offers, have a large down payment and am pre-approved. A...
How long must our home stay in show condition?
How long must our home stay in show condition? Dear Phyllis, Last year we tried for five months to sell our home and it never happened. In March, we relisted with a different agent, who suggested a couple of repairs to tweak the home....
Are there pitfalls to the seller rent back?
Are there pitfalls to the seller rent back? Dear Phyllis, We have been saving for three years, going to open houses and overall preparing to buy our first home. We found a La Crescenta home we love and made an offer, but the seller do...
Are FHA buyers at a disadvantage?
Dear Phyllis, My husband and I want to help our son and daughter-in-law purchase a home. We won’t be giving them a 20% down payment, but likely close to 10%. I spoke to our bank branch manager who suggested that they obtain an FHA mort...
When can you stop disclosing?
When can you stop disclosing? Dear Phyllis, We have been in escrow for a bit more than a month. We completed all of the paperwork about what’s wrong with the house and the couple buying our home signed everything. The buyer had thei...
Selling a cosmetic fixer
Selling a cosmetic fixer Dear Phyllis, Last year my mother passed away. I have four siblings and am the executor of her estate. Two of my siblings have financial difficulties and want to sell the home immediately, but I and the other ...
Are pre-approvals that important?
Dear Phyllis, Out of the blue, I went to an open house over the weekend, and really liked the home. I phoned my Realtor® and told her I wanted to make an offer. She told me I can’t make an offer without a preapproval letter from a len...
How to determine how much to offer in a multiple offer situation
How to determine how much to offer in a multiple offer situation Dear Phyllis, My husband and I are hoping to buy a home within the next year. We have made a couple of offers which were not accepted. One of the homes we bid on had oth...
