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 How to sell house ASAP. Been on the market for 4 months. Realtor not showing. Houses around me selling?
I signed a contract with a real estate agent 4 months ago to sell my house.(It is a 1 year contract) She has not been showing the property. No open house and the information on line is not accurate, I...


 What does it mean contracts were exchanged ?
...


 How do 18 year olds get approved for apartments w/o a cosigner?>?
think about it most 18 years old are not gonna have 2 years of credit history...and alot don't have good terms with there parents....i know alot of timesthey get roomates...so if one person ...


 First Time Homebuyer - Down Payment?
My husband is in the military, and so right now we are living on base housing. We both work, so we can save some money for our down payment on a house. We both have pretty good credit and were not to ...


 Do my local council have an obligation to ensure that the TV aerial on my roof is right?
I recently moved into a 3 bedroom terrace house (rented from Leeds City Council) and am having difficulties with my television reception. Upon inspection of the aerial on the roof of my house, I ...


 Do mortgage companies approve new loans with past foreclosures?
...


 OMG! Some apartment complexes are refusing to rent to people with tattoos and piercings?
Just heard about it on CNN. In San Antonio, TX.

what the???

Is this sick and perverted?

I have tats thank you very much and I own my loft free and clear so I dont ...


 Can you really buy real estate with no money down or other people's money?
Figuring out if a bank will finance me to buy a second home for investment purposes. I know of a rental for sale. I don't have a lot of liquid assets and not a lot of equity in my current home....


 Who can fund my disabled sister for assisted living housing?
Somebody please help. My older sister has a severe neurological disorder. She has to move into an assisted living facility because she cannot live alone. She has been living at UNT in a dorm while ...


 Power Pole On My Property?
I bought a house 2 years ago. At the time I didn't even notice that there is a power pole in the backyard. Is this something I can collect rent for? I have a friend who negotiates with ...


 Where can I get a home loan with terrible credit?
I am in Georgia and I am looking to buy my first home. I have really bad credit, and no money to put down. Is there any place out there that can help me?...


 Is it illegal for people to destroy the home that is going to be foreclosed?
I read about people ruining their homes before they are evicted because it is being foreclosed on. Isn't that illegal?

A co-worker told me that she was looking for a home to buy with ...


 Has anyone ever heard of a Loan where you can purchase a new home while your existing home is on the market?
Without having to pay two mortgages?...


 Problems with our rented house?
My boyfriend and I moved into a rented house in January. From the start we had problems with it. They kept putting off the moving in date because things weren't finished etc and then when we did ...


 On average, how much is the monthly payment for a $200,000 home?
...


 How long does it take to get lies straightened out?
So I bought property thinking it had 2 1/2 acres and the house built in 1964. Only to find out day after closing that there is 1/2 acrea missing and house was built in 57. I go to my agent for help ...


 How much is it to get your house apprasied ?
...


 I own a house ($2500 mortgage). My girlfriend is moving in. How much, if any, should she pay in rent?
She currently pays $800 a month for her apartment. My home is 3bed/2bath and we would be sharing a room. Do girlfriends pay anything? Fair market rent? Discount for love? This is a relationship ...


 Are we stupid!????!!!?
Me and my boyf are buying a house, we have a mortgage set up and about a 50% deposit. I have been obssesively looking at flats in my area and there has always been one that I love.

Before ...


 Real estate question???please help?
is 7500.00 alot for closing fees for a condo woth about 145,000.00.the mortgage guy explained where each fee comes from but i kinda forgot,im getting the mortage from a federal credit union.should i ...



me
Are house prices going to go down tis year?
we are first time buyers and cant really afford much so would it be worth holding on a little longer to see if prices fall?
                     
 




ali-d
Rating
me and my partner have just bought our first home we had to go a little over our comfortable budget but we wainted a while to in hopes of a price drop but they just kept increasing. I dont think there will be a drop but maybe a rise. My advice would be to find a house thats been on the market for a long time maybe needs updated or a little work done andput in a really low offer you never know your luck. Also if you get a few friends to ring up enquiring and making lower offers the home owners may settle for your offer. good luck xxx


Cdn_Superdave
no one can say for certain but housing is a long term investment and a proven winner over time


NICOLA G
they arent going to fall to many peope are still buying its worth loooking into part ownership. or save if you have 10% as deposit for a home you are looking at most companys will give you a good deal. i was told by three different companies i didnt have enough for a morgage the fourth company found me one and i brought a home try as amny morgage advisers as you can try and find one that states themselves as INDEPENDANT morgage advisers they search more companys and they dont cost a penny.


John Corey
You did not say where you are. There is no national market. I focus on the US and UK and the city/regional differences are pretty dramatic.

In the US a recent Realtor survey showed that 77 metro areas had rising prices, 79 metro areas are down and 8 are flat.

In a buyer's market you can get a better deal. There is no reason that you should assume that you will pay full retail in any event.

You also should focus on how long you will own the property. You can lose money when you are an owner if you sell soon after buying given the costs to buy and the costs to sell.

There are many variables to consider. Falling prices would only be one. It might turn out that you live in an area that rose in 2006 and will rise again in 2007. Not buying might be a risk if prices do rise faster than your ability to earn more.

Best to buy when your situation is right and not to worry about the market. Buyer's who wait for a rising market are effectively saying they like paying full retail rather than buying when there is a sale.


Huge
They are not dropping yet in the UK but there are rumours of a knock-on effect from the US house prices, which have fallen sharply over last two years


tomthepawpaw
Rating
Right now we are seeing a number of existing houses drop their asking price and a lot of the newer listings are coming in lower too. It is becoming a buyers market again, but nobody can really predict how long and how deep.

There will be fewer homes going on the market since the sale price is down and hopefully the number of buyers won't drop as much and maybe the days on market will come down too.


♥haggisbasher♥
Well, experts keep saying that they will peak soon, but I can't see there being a big price difference this year, also it will depend where you are looking to buy, if you're not in a hurry it may be worth holding on.


Nicole M
Rating
That is really something that depends on your region, state, city, neighborhood. On a national scale, interest rates will more than likely be dropping soon. You say that you are a first time homebuyer, and you can't really afford much? How do you know this? Take a look at your credit and see what additional work you need to put into repairing it so that you get an opportunity to own a better piece of property. Also, you should be aware that there are alot of different loan/grant programs ESPECIALLY for first time homebuyers and vets. Good luck!


Victoria
Rating
I'm afraid where I live we've just had a massive rise. I think it's set to rise for a couple more years then have a fall. Although noone can ever quite tell


krohnjack
I think most experts will tell you it is just supply and demand. Right now and for the forseeable future it is a buyers' market which means there are more homes for sale than buyers for them.

Foreclosures are at an all time high (due in part to the sub prime loan problem) which means there will be more homes on the market.

Homebuilders who didn't plan for this still are building homes. The only way they can compete is by offering huge incentives to buy.

So the answer is YES wait.

The other thing to consider is this. Mortgage rates are very low now. I would try to lock in a rate with a mortgage company. Then look and find a house you want make an offer and see what happens. Usually the longer a home has been on the market the more willing a seller is to take a lower price.

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