 Buying my first home.? |
| General Question: If someone wants to buy their first home, do they have to take out a morgtage? or loan if they have the full down payment they are asking for? What is finacing? When do you pay ... |
|
 Can a landlord tell tell anyone if your rent is past due? |
| My landlord has a bad habit of trying to get me to rat on other tenants when their rent is late. I was on an emergency leave and he went to my boss and told him my rent was late and wanted to know ... |
|
 My boyfriend did something where he signed over power of attorney for mortgages...? |
| he says he did it while he was in college cause he needed money to pay off student loans, he says that the people had bad credit so on two different occassions he let them use his name to attain a ... |
|
 After the death of my grandfather, can i stop other family members removing items from my house, legally? |
| i bought the house jointly 7 years ago but never lived there. however my family is insisting on removing everything even the carpets and ... |
|
 Is there anyone else whose mortgage is greater than what they could sell their home for? |
| the home 2 doors down from me just sold for less than the amount I owe on my mine..and our homes are almost exactly alike..4 other homes on my block have for sale signs and 2 of them lowered their ... |
|
 I have a question about landlords.? |
| We live in an apartment we rent. We have a very bad mouse problem. It has been that way since we moved in 4 years ago. Don't say clean the apartment because we are very clean, but we tried ... |
|
 Tenancy Agreement - Only allow one person living in it? |
Hi I have recently rented a property and did not get the 'full' tennancy agreement until I picked up the keys.
In the agreement it states that under no circumstances can anyone ... |
|
 Can you sell a rented house? |
| I have a house that I will be renting soon. My question is after I rent it can I advertise it for sell? I am in California if that matters.... |
|
 How do I refianance my home if the appraisal is lower than the amount I need? |
Additional Details
The appraisal is way low. I found comps at $250 but they only appraised the home at $190. Bank of America has there own appraisers. I need $223,500. It is an ... |
|
 My parents are about to loose their house to forclosure...Is there anything they can do to keep their house? |
| My Dad is disabled and on S.S. but took a small part time job to help pay for the two teenaged kids still living at home. He fell at work and now is in a workman's comp case. Unfortunately S.S ... |
|
 Anyone have any good saving and or budget tips for me? |
| I'm 23 and moving out of home for the 1st time with my boyfriend. i'm not on a great wage, he's on good wage. but the rent is high. can anyone give me some tips on how we can budget? ... |
|
 Should I stay or should I go? |
| As my landlord is selling his flat and we don't know if the new landlord will want to keep us tennants on so I am keepin my options open... I seen a flat last night and its OK, it's not as ... |
|
 My house value has dropped to nearly half of what I bought it for how do I get out of this loan? |
| Is there anyway to get out of the loan without losing credit, can I just say I dont want this place anymore.... |
|
 How do I find an apartment in a diff state before I move? |
| I currently live in WV and I will be needing to move to Augusta, Georgia as close to Fort Gordon as I can get within a reasonable price range. Was just wondering how would I go about finding an ... |
|
 How can i get a home loan if.............? |
| My wife makes more then me, but I have the higher way higher credit score 689 hers is like 545. But ive been told that the underwriters will look at her score first and she will be the primary on ... |
|
 Whose responsiblity is it to fix, ours or the landlords? |
| We are renting a house and there was a crack in the window when we moved in. This morning when my husband closed the door, the crack spread all the way up the glass. Does this mean that we will be ... |
|
|  |
blacktec | How to sell my house? |
Just wanted some info on how I can go about selling my house and buying another. Can I do it all at the same time or do I have to wait 'till I sale my house first before I go looking to buy another? |
 |
 
bigmary2
|
first, you're going to want a good real estate agent. try going to http://www.idxbroker.com/news/256_IDX,_Inc._Introduces.php
(just click on your state)
It's really easy to navigate and is full of info about realtors with links to their personal websites. Most of their websites will have all the available homes/rentals in the area along with community info, so you can do some research before you contact anyone. Hopefully that works for you. Good luck! |
|
Barney B
|
First find a property that you like before you sell yours, Ones you have allocated a property that you like, put in a offer subject to the successfully sale and registration of you're property. Normally you would need to put in a time period, 3 months or whatever as to how long it will take get you're property sold |
|
world traveler
 |
you can sell and look at the same time. And this is probably a good idea, since it may take you a while to sell the old one.
First thing to do is to interview some realtors. If there are regular open houses in your neighborhood, start going to them to learn who does the best job of working your neighbornood. You can talk to the realtors and see who you think you can work with. You may want to invite a couple to your house to look over it and give you their feelings on it. Make sure you get comps from them to justify their thoughts on what your house is worth.
You need to decide which of these you think will do the best job of selling your house. You also want to consider wehther you think you can work with the same person on finding your new house. It would be good to use the same realtor for both, since you can probably negotiate a discount on one of the commissions if you do. It is something to talk about. If you are planning to move to a different area where your selling realtor does not work, then you can ask for a referral within the same firm, and you may be able to negotiate that discount based on that.
When you have your house on the market, and you are looking, you can offer and accept offers, but it may be wise to include a condition about selling and/or buying the other house, unless you are willing to spend time in a rental if you sell first and have to move, or unless you can carry both loans at the same time. the latter can be risky and can really put you on the spot, forcing you to sell before you get the right price. you can also negotiate renting your house back if you need time after closing to finish up on your new house. |
|
Screaming Eagle
 |
Talk to a real estate agent. |
|
KB
 |
You can do it all at once. If you need the proceeds from the sale of your house as the downpayment on a new one - you can make an offer on your new house contingent upon the sale of your old one.
Your best bet is to talk to a real estate agent. |
|
Price is what you pay for value.
 |
Not sure if this would help. Usually, a housing market correction last for years. It is unlikely things will brighten up in a few months, afterall, this bubble took 5 years for form.
It might be better to give some discount so you unload the house quickly and can use the gain of the home to make money elsewhere quickly. At the same time, you will save money by not paying mortgage for the next 5 months.
For example, if mortgage is $2500/mo. and you have $300,000 gain sitting in the house, by selling it now rather than 5 months later will save you $12500. It will also earn you as much as $7000 from interests (Assuming CD are paying 5.5% or higher).
Total financial benefit for selling early would be $20,000. I would give buyer some discount just because of that.
Finally, keeping a house in selling condition is a lot of work. If your realtor does staging, it costs extra to rent furnitures. If you are living in the unit, it takes extra effort to keep it clean. So, sell it fast!
http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514 |
|
Bchlvr
 |
No you can start looking now and get a feel for the market in your area. That way you will be prepared to make an offer at the right time. You can check and see what the average days on the market is and that will give you an idea of your time frame as well. Also right now is a buyers market so check to see what houses are selling for to give you an idea of what type of an offer a seller will except. In this case as you being a seller as well flip everything I just said. Also as a seller offer some incintives such as a home warranty or paying some closing cost, even offer say a tv or bar stools with the sell. I think you get my drift. Good Luck. I also suggest you hire a realtor if you haven't already done so, it will save you alot of headaches! Being a buyer and seller at the same time may get very stressful! Good Luck |
|
Mopar Muscle Gal
|
contact a real estate agent.. they can help you sell the first house and find another to buy
yes the first must sell in order to buy another if you do not make enough money to cover both mortgage payments |
|
floridaman39us
|
Talk to a realtor. |
|
Dave
|
Timing depends on several factors, the most important of which is money. Can you afford to put money down on a new house before you get the proceeds from selling yours?
If you are carrying a mortgage on the current house, is your income sufficient to allow you to get a new mortgage while you still owe on the current one? |
|
Matt J
|
You can do this all at once. If you can not afford both payments I would maybe think about waiting.
http://realestateagentlive.com/index.php |
|
caumien
|
register with a real estate company,
advertise in newspaper
advertise online |
|
Bright
|
If you have insufficient cash, sell first then buy later.
If you are cash rich, it doesn't matter.
It also depends on the laws of your country regarding to property rights. |
|
Gina
|
Start looking now, and find a real estate agent who will work with you. Ask around to people who you know, they may have someone they can recommend. They will be able to assist you. You can have your house up for sale and look/buy at the same time, but that's why you need a realtor. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
13 | 24 minutes(s) ago
| | | |
14 | 45 minutes(s) ago
| | | |
14 | 2 hour(s) ago
| | | |
14 | 4 hour(s) ago
| | | |
14 | 8 hour(s) ago
| | | |
14 | 2 day(s) ago
| | | |
14 | 3 day(s) ago
| | | |
14 | 1 week(s) ago
| | | |
14 | 3 week(s) ago
| | | |
14 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
