 I keep hearing that it's a 'Buyer's Market' - but where are all the buyers??? |
| So I keep hearing that it's a buyer's market and everyone's telling people to BUY NOW because it's a great time to buy, but my question is, where are all the buyers??? lol My ... |
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 Apartments without Refrigerators, Why? |
My husband and I are trying to find apartments in California because we will be moving in a few weeks for his job. We currently live in Missouri.
Nearly every aparment listing we find doesn&#... |
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 Any advice on selling your home and going back to renting for a while? |
| My husband and I are new homeowners (less than 5 years), and we may have purchased a home too hastily. I say this because we are not truly happy in it and feel if we save money, we could do a lot ... |
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 I make $35k - how much home could I afford? |
| Condos are as low as $99k where I live, plus I'm eligible for first-time homebuyer grants.... |
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 What is the law regarding my landlord or her husband opening my mail? |
| I have received one open credit statement and one opened net flix dvd. I also don't get mail the day it comes. What laws protect me?... |
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 Does anyone know how a "REVERSE MORTGAGE works? |
My mohter in law wants to take out a reverse mortgage on their house. They own it free and clear and they are both retired. They want the money to travel, vacation etc.
someone told me ... |
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 Bad idea or good idea to establish personal contact with people I sold my house to? |
| The sale was handled through real estate agents...all by the book. It was an "as is" sale and I disclosed all known structural defects and flaws. The buyers sent me a nice, biographical ... |
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 Is now a good time to buy a house or should i wait a little more? |
| Hi, i live on San Francisco and we are trying to find a house around Oakland or Richmond, but we have a lot of people going on different direction, our realtor of course said the better than now we ... |
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 What if you are trying to get a loan, but you don't have none of your old income tax returns? |
| because In recent years I was not planning on buying a house, but just up and decided to purchase a home, what or how can I prove that I have been working steadily for ... |
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 Why are builders building all of these expensive houses people can't afford? |
| I live in a typical middle class town, however, for the past few years builders have been building all of these expensive, massive, monster homes that nobody can afford. Despite, the bid price tag, ... |
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 We are thinking of buying a home? |
| We still need to get pre qualified first. My question is, would it be better to wait and get pre qualified after we are married or is it not going to make much of a difference. Because if it ... |
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 My landlord has sent me a bill for heat we never asked him to supply in our rented home? |
| Suddenly this winter the kerosene guys delivered and filled our tank without us calling. At first we thought it was an accident becuase they left no bill. It happened a few more times and we then ... |
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 Real estate question? |
| for example, if i was going to rent a house out to someone. where do i get the lease agreement from, and who do I consult if i want to add certain clauses.... |
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 What is a reverse mortgage........? |
Additional Details
What if the house is paid off.............. |
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Honey | Are home prices dropping in california? |
If so, wouldn't this be a better time to purchase a house? Although I was told that prices may drop even more so give it some time...
Also, do real estate agents get some kind of discount in the state of TX if one was to purchase his/her own home? |
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Bryer is Back
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and the prices here in CA have dropped, and its a buyers market right now.
Yeah your discount would be keeping your commission. |
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nonldsinutah
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The housing prices in California could be cut in HALF and they would still be too expensive. Especially in Southern California. |
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Claire J
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It depends on the area. |
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curmudgeon
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like a rock |
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alibodalii!
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yes, thank godness |
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SD Mike
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Home prices are dropping fast due to alot of different factors, but it has a lot to do with the amount of people defaulting on their mortgages. I think it's a good time to buy now, but prices are definately going to continue to drop until the economy gets better. |
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donfletcheryh
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There are many motovated sellers, in default on mortgage or close to it. Prices are what you can buy a home for, and you can buy for less when sellers are in distress sale mode.
Can you afford to wait until more distress sales are on the market? Probably, but not necessarily. What you are looking for is not just market weakness but a particular vendor very eager to sell and waiting for your bid. You have to be shopping the market to encounter those. As the general level of distress increases you have more choice among more motivated sellers.
Real estate agents anywhere may use their privileged position, knowing just how far the vendor is prepared to go, to take a discount.
When a real estate agent buys, they can offer to forgo their agent's commission in exchange for a price reduction.
That has an advantage to them in reducung taxes as compared to accepting the agent commission and paying it back in higher price. When they are financing, the lower price works against them. They look better to the bank accept ing the commission and puttig it toward the dow payment.
Texas may know all about this and require them to take a price discount instead of a commission when they buy. |
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Big Deal Maker
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This really makes me smile. While you are sitting there figuring out if the home prices are going to go down the homes are being purchased right from under your nose. Home prices have stabilized and will now continue to back up however not on the aggressive side they once where. All the down playing on home sales and the drop in prices are due to the foreclosures that are bring the comps down in certain areas.
All real estate agents will purchase a home and use there own commsions for the discount. Generally speaking that is 3% of the selling price. Hince the 3% to sellers agent and 3% to buyers agent |
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emily_etie
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no prices in california are going up. i work for an insurance company and we have lots of people moving here to texas becasue they cant afford ther homes in cali |
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