Tag: Michael Kayem
Understanding FHA appraisals
Dear Michael: I am selling my home and received an offer from a buyer with an FHA 3.5percent down payment. My house is in...
Buyers must wait to close escrow to start repairs
Dear Michael: We are in escrow on our first home. My brother has given us the funds for the down payment. The lender is...
Fresh coat of paint goes a long way
Dear Michael: I am filing my tax returns for 2014. What can I claim as a tax deduction for the home I just purchased?
Answer:...
Buyer has contractual obligation
Dear Michael: We are in escrow on our home and the buyers are not following the contingency dates. We are now five days past...
Noisy neighbors can be a major problem for homeowner
Dear Michael: My mom passed away a few years ago and we now have her house on the market. It’s never been updated but...
Buyer must be satisfied before removing contingencies
Dear Michael: We are purchasing a short sale. Our agent told us that our offer was accepted by seller and chosen to be submitted...
Appraisers should measure square-footage
Dear Michael: I signed a listing agreement, but am having second thoughts about selling. How do I can- cel my listing? And will it...
Seller must move out before the close of escrow
Dear Michael: We are in escrow on our first home. We are not sure if the seller will be out by the close of...
Seller must be patient when selling their home
Dear Michael: My home has been on the market for 14 days. I have had 2 open houses and multiple showings but no offers....
Few options when property does not appraise
Dear Michael: I have not paid my property taxes in over three years. If I decide to sell my home how will my property...
