 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 ... |
|
 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 ... |
|
 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, ... |
|
 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 ... |
|
 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 ... |
|
 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.... |
|
 What is a reverse mortgage........? |
Additional Details
What if the house is paid off.............. |
|
 Do I need homeowners insurance on a home i only plan to own for 2 months? |
| Im buying the home with cash and flipping it within about 2 months. So would i need homeowners at all? Policies usually are for one year i thought.... |
|
 What's better fixed or adjustable mortgage? |
can adjustable become fixed later?
Additional Details
Thanks everyone !! :) :)... |
|
 What is the housing market going to do? What is the best time to buy a home? |
We are looking to buy a new home (primary residence), but are anxious given the state of the housing market these days.
There is a house we are particularly interested in, but it is a ... |
|
 Do I have to pay an appraisal fee to Mortagae Co. even if I didn't purchase the house? |
| I was buying this house and left a check deposit of $1,000 to my real estate agent. We opened escrow and had the house inspected for pest. The report came back and I wasn't happy with the ... |
|
 Landlord trying to keep most of my security deposit. What can I do? I didn't take any pictures, regretfully. |
| Most of the deductions were already existing in the home or normal wear and tear. How am I supposed to prove this. Is hiring a lawyer going to cost me more than the $995 refund.... |
|
 Does anyone know how to find out what mortgage I would be approved for before we go to bank? |
| My hubby and I both make about 45K before taxes. Our credit scores are about 715. Our current rent is $810. The houses we are looking at are about 95K. I am graduating from nursing school next year, ... |
|
| What all do they check for in a rental application? |
| Just credit or do they do background criminal checks also?... |
|
 I this property a good investment or at least not STUPID?? |
| There is a lake resort about an hour from my house, where you can buy rv lots and cabins. The price for the 1 bedroom cabin I want is just under 50k. there is also a $75 monthly "resort fee"... |
|
|  |
Cookie On My Mind | 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 house has been on the market for exactly two weeks now and not one showing. |
 |
 
frankie b
|
What makes it a buyers market is the fact that the marker is not flooded with them. As a seller you have to come up with unique ways and incentives to get buyers to come see your home over others. I suggest a furniture store gift card, a plasma or LCD TV to remain, of offer a trip for a weekend to Vegas. These small things, all for around 1k will be sure to attract attention. |
|
venicefloridarealtor
|
If you are selling the house yourself, make sure you are doing everything possible to make it shine, starting from the outside (fresh paint? nice landscaping? bushes trimmed, grass cut, flowers for color?).
Then, advertise online (www.zillow.com, www.craigslist.com, etc.) and in local newspapers and real estate magazines with a REASONABLE if not STRATEGICALLY COMPETITIVE price based recent sales of houses in your neighbhorhood that are similar to yours (in size, age, condition, amenities and upgrades).
If you have a realtor helping you, he/she should be doing all of the above, plus broker tours, networking, lots of pictures and a virtual tour on the MLS, and so forth.
Buyers are very savvy today - they have lots of information at their fingertips and lots of houses to choose from in every price category - so your price had better be REAL or no one will be interested. There is NO PRIDE in having the most expensive house in the neighborhood. If possible, make yours the LEAST expensive house and you'll stir up some action.
Your house needs to look great from the curb, or potential buyers will just drive by.
Putting a FOR SALE sign in your front yard and praying is not enough - you need an agressive marketing plan that requires spending some serious time and some $$$ out of pocket (yours or your realtors) to maximize exposure online and in local publications.
Then, when you finally do get a showing, make sure your house is sparkling clean inside, freshly painted, carpets washed, no clutter, free of personal effects, and SMELLING NICE, or you will turn off your potential buyer right from the front door.
Color matters - if the living room is red, paint it beige or off-white. People need to be able to visualize their furniture in your home, and they may not share your taste. Don't be cheap - paint the whole darn thing, if need be. It's a very low cost way to make your home look clean and new.
There are many more excellent ways to help you sell your home.
Check out www.searchforvenice.com and click on "Sellers" for more tips.
Thanks and good luck! |
|
prothenb
|
A buyer's market means that very few people are in a financial position to buy which makes those who do able to get good deals because the sellers aren't getting any offers. When a house is on the market for an extended period of time, the seller generally lowers the price. This is also beneficial to buyers. So, not only do buyers have a huge number of houses to pick from, they also will find very good deals. So, when you hear about a buyer's market, it's good for buyers. Seller's markets are good for sellers. |
|
mury902
 |
You and a lot of other people. That's why it's a Buyer's Market, the supply is much greater then the demand. I work at a Real Estate office, and it's frustrating for many of the sellers. Best of luck! |
|
Doc Phil
|
That would be why it is a buyers market. There aren't any buyers so sellers will come down on the price to sell their house. |
|
spacediva70
 |
It's a buyer's market because the seller's market is poor. Buyers can get home for cheap right now because there are more people selling than buying...and therefore no competition. Unfortunately it is taking some time for homes to sell right now:( |
|
Alterfemego
|
A buyer's market means that there is more inventory than there are buyers.
Don't despair if you haven't had any showings. It's like that in most places. Here in Minneapolis the statistics tell us that there are 3 homes on the market for every one buyer. The media needs to help us by reporting better news, rather focusing on the bad. Most time they get it wrong and it really does have an impact on people who might be in the market for a new home. |
|
Marianne T
 |
It's because it's a buyer's market and that means that there are more sellers than buyers. Home prices will go down because more people are trying to sell to fewer buyers. Yes, now is a good time to be a buyer. If you are a seller, you need to do all that you can to make your house marketable right now. Plant some flowers, declutter your house, make it just shiny clean. If you have pets, take them to a friend until you sell. Nothing stops buyers quicker than the smell of a litter box or dog hair in a corner. Good luck. |
|
Mikki Sue71
|
It's only been two weeks, so give it time. Depending on where you live, it could take 6 to 12 months to sell your home. That's what my agent keeps telling me. The average home is on the market 100 days in my neighborhood and my home has only been on the market approximately 45. But like everyone answered, there are more sellers than buyers, so you have to make sure your price is comparable to the other homes in your market. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 17 minutes(s) ago
| | | |
10 | 29 minutes(s) ago
| | | |
10 | 50 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
10 | 2 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 3 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
