 I have accepted an offer on my house, will i still get charged selling fees from estate agent if i back out? |
I have just accepted an offer on my house this weekend for the asking price and have decided not to move now,due to a change of personal circumstances.
Will i still get charged the selling fee ... |
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 Condo vs. Manufactured Home? |
| I am planning to eventually buy a house over-seas, and since I also plan to stay here for a few months out of the year, I am looking into buying a place here also. I am having a hard time deciding on ... |
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 I am approved for a home loan but only with a down payment.At this time we don't have any money to put down. |
I was told by the loan officer that I could get a 2nd mortage loan to cover the down payment.Does anyone have any information about this?
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Should I try for this or just ... |
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 Is it common to get ripped off by real estate agents? |
Also, I would like to know what are the most common ways that real estate agents try to get as much money out of their clients.
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I realize that there are a few "... |
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 I am buying a home and the broker is threatening me, using information I supplied to get the loan against me.? |
| He says if I don't give him all the money in my bank account then he will not sign off on my loan. The loan company signed, the title company signed... but the broker will not sign. He says he ... |
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 Landlord wants me to do my own background check? |
| I want to rent a commercial space and my landlord wants me to perform my own background/credit check. I've never had to do this before, as all my previous landlords did this for me. Is this ... |
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 HELP. I have an opportunity to buy a 2500 sqft home for 360k and no down payment with an interest only loan? |
| for 7 years. This is because my parents cannot sell it in time and will have to foreclose. I only make approx 45k a year, I can afford the payment because I have permenant renters (brother and sister)... |
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 UK QUESTION - What is are the benefits of being a home owner? |
| YES I know its an "investment" . Me and husband have been homeowners for the last fifteen years and I don't feel that we currently benefit from being homeowners (maybe when we're ... |
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 Renting an apartment and shelves? |
| I'm currently renting an apartment and want to put up some small shelves. My lease doesn't say that I can't do it, but it does say I cannot alter the apartment in any drastic way or ... |
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 Can a balif enter my house when im out and remove my possesions? |
Additional Details
sorry guys and thanks but i looked it upif your out they cant if your in and hide and keep quite they cant! ha ha although there is one case where procedure wasnt ... |
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 Are landlords aloud to splice your phone line? |
| Yeah... so for a few months now I have been hearing someone pick up another line while I am on the phone and my hubs at work. My landlord lives above me. I will test the line by clicking "... |
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 How can I prevent landlord from entering? |
| I tried yesterday, all day, to get a judge to enter a restraining order against the landlord. He refused. However, the landlord has not evicted me. Instead, he harassed me with a fake "notice ... |
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 OMG Electric bill is nearly $600!!!!? |
| I live in the upstairs of a house that has an illegal basement apartment and I split the bills with the man that lives downstairs. He has a hot tub and I"ve been trying for a year to get him to ... |
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 Taking over a mortage? |
| My boyfriend and best mate have a mortage on a house. I want to take over the mortage from his best mate (so he and I have the mortage). What are the best ways to do this?... |
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 Is my landlord trying to be greedy to keep my security deposit? |
| I have my final inspection coming up here next week, but my landlord keeps throwing new things at me... I got the carpets steam cleaned and look almost like they did when i moved in.. yet he wants me ... |
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 I've changed my mind on buying a house, can I get my earnest money back? |
| We signed a whole bunch of papers with intent to buy the house, but we really want to make a more informed decision before purchasing our first home. What do we need to do in regard to the papers we ... |
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raguirrejr@verizon.n... | I own 5 acres of land and was told that it' sworth $185,000. Is that per Acre or for all 5 acres? |
One real estate agent told me it was per acre and another one told me its 185K for all five acres...which one is right. |
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mrs1123
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Look at your tax bill and see what the value is for purposes of taxes.
There isn't a way for us to know if it is for each acre or all five acres combined. The reason is some places an Acre sells for $90,000.00 in other places an acres sells for $2500.00. |
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paperdoll198
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Get a third real estate agent to see if he or she agrees with one or the other. I couldn't tell you which one was right, I haven't seen the property! |
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Smartass
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that's 5x difference, get it straight! |
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Alterfemego
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It never hurts to get a 3rd opinion. You could also have an appraisal done. But because these nice folks here at Yahoo's answers don't live in your area, it's kinda hard for us to even guess. Know what I mean? Not enough information. |
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Leo F
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Who knows, real estate agents are not appraiser and by the sound of things either one could be wrong. It all depends on the zoning and the Highest and best use and many other things like, location, location to utilitys (water, sewer, power, access, can it be sub-divided or is it zoned R-5 (one house pre 5 acres). Have a appraisal done is the only way to know. 5 acres zoned commercial could be worth millions to the right buyer. |
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Jay
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1st need to know where the property is at but it is always good to get an opinion from a licensed appraiser if you want to do anything with the property. Real estate agents just want to make money so they usually sugar coat it for you. |
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kate
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What anything is actually worth , is what someone else will pay for it .
Although , that might be 5 acres outside Winnamucca ($185K for all 5 would be the very high end)
Or 5 acres near San Franciso ( $185K would barely cover .1 acre)
You did Not mention where the land was ,
Or if there were water rights
Or if it included mineral rights
Or any Relevant info . . . . . WHY ?
> |
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j s
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First off, real estate agents will tell you what you what they think you want to hear just to get your listing. You need to verify the value by checking what similar parcels in the same area sold for. Any housewife or unemployed janitor can take a course online, take a test and become an agent. That doesn't mean they know squat about real estate. I would talk to other landowners in the area. I own quite a bit of vacant land and other landowners and myself are always willing to help each other out. The answer to your question can be either or. I know of commercial lots that go for upwards of one million an acre as can upscale residential areas (like waterfront), then again, it can be scrap land that is more of a liability than an asset. One of the more important things in determining the value of vacant land is the shape of the lot. As a general rule, the more road frontage the better. Also, zoning is very important. If your property is not zoned properly for the most desirable use given the demographic trends of the area, it can present an expensive and time consuming problem for a prospective buyer. The bottom line is DO NOT TRUST ANYONE TO TELL YOU THE VALUE OF YOUR ASSETS. A real estate agent is interested in one thing...getting his or her commission. Do you homework. A great place to start is at the public records office at your county clerk's. You would be amazed at what you can find out by looking through public tax records on your property and surrounding parcels. Also try a website called "brb publications". I don't know the url offhand, but they have a huge section of free state and local public records sites. Your county may be available. Good luck. I hope it's worth a fortune. |
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hollywoodmelody
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It more than likely is all 5 acres together. When you spoke to the two agents did you interview them and ask them how long they have been in real estate?
Sounds funny I know, but it saves you from stress and money down the road if they are wrong to begin with you wouldn't want to work with them. |
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TT
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It is for all 5 acres..... |
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Dr. Deth
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it's probably total - it would have to be a really high priced exclusive area to be worth 185k per acre |
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