Answers by Keith Jean Pierre

Given the way that rates are currently, an ARM can quite possibly result in a much higher payment after the adjustment period. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Common decency says to not show your home while you are sick. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Speaking to your dad would be your best avenue. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

I am assuming all permits were pulled when building this home, so if that is the case, there should not be any significant difference. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

You as the seller can sell your home for whatever value you desire. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Any improvements, additional square footage, or buildings tend to result in an increase in property taxes. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

You are not required to have a realtor but there are many benefits to having one. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Primary residence would remove the capital gains component as long as you the proper maintain timelines. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

There are obviously outliers, but typically if you have a good seller and a good buyer, the work will be about equal. If you represent a buyer that you do not dial in and wants to see 100 homes, then they will have more work in that case. Same goes with a seller that is listed significantly over market value. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Commissions are negotiable so there is no "Standard." Since I have been working in this industry, I have not seen a significant difference in commissions between the transaction sides. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Have an honest and respectful conversation with your agent. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Typically have seen between 2-4% Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Rent to own is usually a rare option unless the economy is in serious turmoil. Your best bet would be to speak with a mortgage professional to see what your current options are. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Here is a good start: https://www.hauseit.com/seller-closing-cost-calculator-florida/ Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

This property will need to become your primary residence again for a specific term. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

To get a musty smell out of a house, immediately increase airflow by opening windows and using fans, and run a dehumidifier to reduce moisture, especially in basements. Neutralize odors using baking soda on carpets, white vinegar for surface cleaning, and activated charcoal to absorb moisture and odor molecules. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Not typically. The best avenue for you would be a renovation loan, like a 203K product. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Typically, you are tied to the agent for the term of the agreement. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Mutual release is usually done first before relisting to cover liability. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

If you do not have a mortgage this might be an option, but it is NOT recommended. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Speak to his broker and discuss your concerns. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

You can use the agent selector on the site to find one. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Brenda, a good start would be to search agents on here. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

This depends on your agreement since you have a valid signed contract. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

The lowest credit score needed to buy a house is typically 500 for an FHA loan with a 10% down payment. For conventional loans, a minimum of 620 is generally required. While some government-backed loans have very low requirements, most lenders impose their own higher minimums, often requiring at least 580 to 620. Your next step is to speak with a mortgage professional who can give you insight to your particular situation. Best of luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Following the August 2024, NAR settlement, commissions are no longer advertised on Multiple Listing Services (MLS), making fees fully negotiable. While sellers previously paid both agents, buyers may now be responsible for their agent's compensation, often negotiated directly via mandatory written agreements. Sellers can still choose to offer buyer agent compensation, but it cannot be listed on the MLS. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Little reductions will kill you. If you discount a $500,000 home, say $3,000, yes it shows as a discount on the major sites to capture the eye, but when the consumer actually reviews it, and sees that it’s not significant, they tend to dismiss it. Consumers operate in brackets, meaning they shop up to their next price point. If your home is say, $495,000, they will shop up to $500,000. If you price at $505,000 but are willing to accept $495,000, they most likely won't see you. In this specific price range, a reduction of a minimum of $10,000 would be recommended and ideally $25,000. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Rhonda, simply relisting the home won't be enough as many of the platforms will just show it as a continued listing and not a new listing. Typically, 30-60 days off market requires that reset. I would suggest, a price adjustment, new photos, a new listing description, and most importantly, a new plan of attack. Best of luck with the sale! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Usually, 6 months is the minimum timeframe, but keep in mind that constant refinances end up being net negative. A refinance will lower your mortgage payment if there is a bit of a rate difference between your current rate and the current market rate but do keep in mind that it resets your clock for your mortgage. So, let's say you have 27 years left, if you refinance you go back to 30 or 40 depending on what product you select. Of course, you can go to a 15 but that would most likely raise your payment if your mortgage is relatively new. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Typical closing timeframe is 30-60 days and then you add the days you are actively on the market. If the property is price appropriately, you should not be on the market more than 30 days in Louisville. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

There is a probate process that would be followed in this case. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Yes you are responsible for taxes in the state of operation. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Leases tend to run with the property so your lease would take precedence. You can decide to come to an agreement with the new owner to buy out your lease, but they should not be able to just remove you. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

As we can tell now, not much has changed. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Who are you giving this to? Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

You can use the agent locator on this website. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Congratulations on getting in the market. I would suggest choosing an agent off of here from the agent profiles and they will be able to get you started in the right direction. Best of luck with your search! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

This depends on whether your municipality will allow you to subdivide your property. Speak with your township first. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Both of you would need to sign the documents. Speaking to an attorney will give you the current options at your disposal. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Esto depende en gran medida de las leyes y requisitos de zonificación. ¡Mucha suerte con todo! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

This does not sound like the case as a closing has already taken place, but you need to speak to an attorney regarding the matter as we can't give legal advice here. Good luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

The lowest credit score needed to buy a house is typically 500 for an FHA loan with a 10% down payment. For conventional loans, a minimum of 620 is generally required. While some government-backed loans have very low requirements, most lenders impose their own higher minimums, often requiring at least 580 to 620. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

There is no clear-cut automatic response to this question, this is solely a personal decision. Good luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Eric, it is nice to see that you are ahead of the curve and thinking of worst-case scenarios. Make sure you have an agreement in place that outlines all of these possible scenarios. The biggest concern would really be if someone wanted to move out as although, in theory, a buyout would work, you have a limited buying pool, so typically the house ends up getting sold. I would suggest both you and your friend speak with an attorney to discuss the options available to you and ensure you are both on the same page. Best of luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Choosing a college rental investment involves prioritizing proximity to campus, targeting high-demand areas with low vacancy rates, and selecting durable, low-maintenance properties. Key strategies include ensuring the property is within walking distance or near bus routes, checking local zoning regulations for tenant caps and rent control, and screening tenants thoroughly, often requiring parental co-signers. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Highly suggest speaking to a real estate attorney regarding this matter as there are way too many factors at play here for a simple answer. Best of luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Sally, an "auction" style listing would be the best avenue. We do about 40-60 of these every year. Start the price under market, have a 4-day showing window and then best and final offers by a deadline. There is a lot more to it, but that should give you the gist of it. Let me know if you have any other questions. Best of luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

You can most certainly find an agent to assist you with a commercial lease. Definitely will take a bit of work off your plate. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

I would suggest speaking to an attorney to discuss the matter. They can outline all your options. Good luck! Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

Genowa, Cash or Hard Money would most likely be your options at this point. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

There are no large scale nationwide federal programs that currently exist like back in circa 2009, but there are statewide programs and specialty programs that she might qualify for. Speaking to a mortgage professional would be the next step to take. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

That should not be a problem. There is an agent selector on this website. Feel free to reach out to us if you need any further assistance. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA