Any tips for cold calling apartment dwellers asking if they're buying a home in the next year? |
| I cold call apartments in the evenings seeking anyone thinking about buying a home in the next year. They generally don't mind the call, I'm not trying to sell them a vacuum or life ... |
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There is this piece of land facing a lagoon, I'm thinking of what to build on it? |
| I dont want to build a conventional office, hotel etc the usual stufff.....Any ideas somebody? I want what would be easily fnanced by the B... |
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Question about subprime lending.? |
| I have a question for lenders. I keep reading about all of the issues with subprime lending and foreclosures. I hear that it will be harder to get a mortgage and interest rates will be higher for ... |
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If a house is bought while single, then one gets married, if house is sold, will spouse be entitled to profit? |
| I purchased a home when I was single, got married, never changed deed over to married name or added spouse to the deed. If the home is sold, does my spouse have legal rights to the proceeds?... |
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What's a buyers realtor do for the buyer when the house is being sold without a realtor? |
| We found a house we want to purchase. The house is listed for sale by the owners. The gf is wanting to use a realtor to help with the purchase of the house. what exactly would they do? we are ... |
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Is it pointless to put extra money towards mortgage if planning to move in the next year or two? |
| My husband and I are planning to move soon. I say that extra payments at this point are akin to putting money under the mattress. He thinks we will get more than we put in when we sell. We ... |
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Just recieved house from a family member that has passed? |
| we recieved a house from a family member, completely paid off. its worth between 200 thou and 250. me and my fiance both have credit issues. my question is that we both would like to have a new ... |
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Does a landlord have the right to tell you to "move out" because he doesn't like you asking for repairs? |
| My landlord told me by phone to "not say anything" with the city inspector comes. I assume the city inspector would come alone, not with the landlord when doing the inspection. There are ... |
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What is a mortage? |
| I still have a hard time understanding what a mortage is!... |
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First time renting help? |
| im 17 at the moment but in about 2 years time i want to rent a flat with my friend can i hav some facts and advice please. i currently hav no job at the moment but plan to when i finish college next ... |
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Has anyone ever sold a house to National Home buyers ? |
I believe they make you a cash offer ,however they ask for an upfront fee before they even come out to look at the house.
Is this a scam because they offer a really bad price or just to ensure ... |
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Real estate investing question? |
| If I put a down payment on a house, can I immediately begin renting it out, using that rent to help pay down the mortgage? Is this feasible or am I missing some dynamic? There must be a downside. P... |
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What are my rights when buying a house? |
| I am buying a house i UK. I have already signed the contracts and made a deposit of 5% of the mortgage through my sollicitor. I was told I will get the keys to the house as soon as I do this.After ... |
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We are renting to own a home and Landlord has told us that his homeowners insurance has gone up to $625.00? |
| monthly. Our monthly payment with this increase is $2150.00 per month. I am a Stay at home Mom and we can not afford this!! He told us to try to get our own coverage when we moved in 2 months ago ( ... |
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Can the landlord keep my stuff and let other renters use it, if they never gave me a chance to go and get it? |
| My boyfriend and I were out of town for a month. We gave the rent money to a friend who was staying there to watch our cat while we were gone. She ended up not paying it so we got an eviction ... |
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Homeless in Phoenix | I sold my house in Phoenix 9 months ago and am renting as prices go down. How much longer should I wait to buy |
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WiserAngel
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Homes in Arizona (Tucson and Phoenix specifically) are sitting on the market longer these days. Many forclosures will be coming on the market as people's adjustable rate mortgages keep rising and they can't make their monthly payments. I would say wait a year to get a good deal, but the drawback to that is that rates will be higher then. You'll have to do the math to see which is a better decision. |
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angela R
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The federal reserve meets this month to see if they will raise rates again. The consensus is they will. The real estate market isn't like the stock market. You rarely see extreme corrections from one day to the next like in the stock market. So for now it is a waiting game. If you must buy soon, look for an undervalued property. Here where I live property values average about $80 square foot. If I were to buy a property today I would look for one that is $40 a square foot. Those are very difficult to find but I assure you they are out there. Just make sure to get a proper inspection to see how much in repairs you will have to invest in. You don't want to buy the property from hell. Good luck...It will soon be a true buyer's market...Keep your powder dry... |
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K M
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This is a personal decision to make. I am not a realtor (although being in the mortgage industry am personally aquainted with many) but here's what I can tell you. A lot of it depends upon what area of Phoenix you are looking in. The real estate market in Phoenix has slowed, but the prices have not fallen, and local real estate organizations predict an overall price increase this year of 19%, which is still almost four times the average of 5% annually. The cost of rent is also increasing dramatically. Many houses (particularly recent builds) are now on the market because of a surge over the last few years in investment property purchases. That being said, because of the slow sales, this is a buyers' market. There are a lot of good deals to be had because many people (investors, in particular) do not wish to wait a long time to sell their property. There are any number of reasons for this-some can't find a renter in their area, some have too many investment properties, and some also fear a decline in prices. Much like any investment, the purchase of a home is something that you need to be comfortable with yourself-I wouldn't necessarily take anyone else's recommendations. But there is a lot of good, free information available from experts in the field that might help you make a decision one way or another. |
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2ΒΆ
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You should actively be looking. You don't have to wait for prices to go down. You just have to wait and find a good buy. Good Luck |
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Hollli
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I would start looking now, it is a buyers market in Phoenix at this time. Many homes are selling slower now because in phoenix a buyer can get so many incentives from builders that they are going for new homes. With that in mind a buyer can get some great deals on homes that are a couple years old because they have been on the market a while and sellers are noticing the fast home sale trend is down. Plus interest rates are starting to go up again. |
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Spencer
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Prices are not going down. The market is slow so people are not asking so much anymore.
Now would be a good time to look. Because now you can deal with a seller not like a year ago when you had to buy as is or even offer more then what they were asking. There are a lot of houses out there and it is taking a lot longer to sell. So it is once again a buyers market. Start now and take your time and find what you really want.
Good Luck!! |
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martha t
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Just buy.... try to get a good deal. Ask your real Estate professional for help |
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Kristin G
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Prices are NOT going down in the Phoenix area. People are buying now. Investors are buying a lot in the area. I live in Gilbert and work for a mortgage broker here. You need to get in on buying a house in Queen Creek if you don't mind the drive. These houses are building equity like no ones business! My brother in law bought his house there two years ago for 139k and I just refinanced it for him for 270k!!! It's only 1200 sq. ft! You'd better look to buy now, prices are only going up! |
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doverton26
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Not to much longer because the prices of buying a home are not going to decrease anytime soon! |
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