 What are some possible negatives when buying a condo? |
| I'm looking at a brand new condo that's right across the street from where I rent. Beautiful, popular area, all appliances included, 1-year warranty. The mortgage would be less than what I ... |
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 What is a double bedroom? |
I'm reading this listing and it says it's a one-bedroom flat with double bedroom.
How many bedrooms are there??!... |
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 What is the correct way to do mortgage shopping? |
you cant apply for a bunch of mortgages and then compare because the app fees are a few hundred dollars
interest rates may be changing daily and may change based on whats in your ... |
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 Why has my friend been asked to pay £80 for a credit check to be able to rent a property? |
| He has been asked to pay a months rent up front and a months rent as a deposit which sounds fair enough. On top of this he has been asked to pay £80 for a credit check. Is this normal or even legal?... |
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 Roomates: What do you wish you had known? |
| My parents moved out of my house and they said it was ok for me to rent out the remaining two rooms. So im looking to make a survey for prospective roomates so that i have the best chance to "... |
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 Can my Landlord do this? |
| Im moving out of my rented flat the end of October. I gave him my 30days notice today which he was happy about. He did said however that he will have to start looking for new tenant's, which is ... |
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 Instead of going after the poor people trapped in ARMs, why doesn't the government go after the loan sharks? |
| They keep saying the sub-prime loan problem is due to people getting loans they couldn't afford. But the problem is the ARMs have been adjusting up by 2% a year. Who can afford a 12% mortgage? ... |
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 Was my father right or wrong?!? Pretty simple question lol? |
| Hey im 13 and in 8th grade and i have this to desire to be rich lol and happy, but really rich lol. My father said that if you purchase a condominium you can trade with other buyers in different ... |
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 I'm thnking that home mortgage rates will go as low as 5% and that home will probably decrease about 20 % in |
| most markets and that prices will remain in a valley for about 8 to 10 years ...... What's your forecast ????... |
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 How much do you think a seller will lower down the price of their home? |
I'm just searching homes. If they list a price, how much lower can they go down or that they might be willing to go down?
For examle:
I just want to know, because the ... |
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 If a rented property floods, is that just the landlords problem? |
| I've found a nice place to live but it floods (not too bad) a little each spring. If i rent it and it's damaged by floods, is that my problem or can i just move out and leave the landlord ... |
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 ARM or Fixed Mortgage? |
| Planning on buying a condo for 175,000 in Texas. First time buyer. I've done some research and know I can afford it, but dont know much about mortgages. I will probably be in the place for 10 ... |
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 Someone tricked me into signing papers. What should I do? |
| My sister & I owned a house together. I've been living here for more then 15 years. I trusted her. However, on the night before I was supposed to leave for Japan, she told me that we ... |
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 We live in a 1 bedroom flat, but share the building with 3 other tenants.? |
Last night (Thursday) one of the tenants had people over. They talked loudly and had loud music on from 11:30pm until 5am. I told them to keep it down, but it simply started up again.
They ... |
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 What would be the best advice a homeowner could give to a first timer? |
| I'm getting ready to purchase a home for the first time and I need advice, what are some very important things that I should know before and after I close the deal.... |
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 How much more of drop in the price of houses can we expect in the next 6 months? I'm looking to buy. Wait? |
I'm looking to buy in Chicago's NW suburbs. I can wait another 4 months if I need to. Is that my best bet?
What can I expect to pay for a house that is listed for 300k right now ... |
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janercrow | I would like to buy the house I am currently living in but I think that the asking price is a bit to high.? |
How do I go about trying to persuade the owner to bring down the price. There are a lot of things that need to be fixed in the house. Do you think that once the inspection is done that the home owner would have to fix. Them in order to sell. Right? I have lived here for 3 years but renting. Now I love the house but to pay over a hundred thousand dollars with these repairs looking at me is kinda rediculous! |
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Ron
 |
You can always consult with the owners to get an appraisal done. Then counter the offer based on the appraised value. One thing to think about...if you are paying $800 in rent per month and the mortgage is comparable, you can equate that number to about $650 per month in mortgage once you buy the home. The reason is because of the tax write-offs you will garner by owning the home. Right now, the owners are getting all the tax breaks while you figuratively throw your money away.
Ron, ChFC |
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Blue October
 |
you need a licensed real estate agent...and yes after the home inspection is done, he has to fix those things (which will probably bring the value up).
if you had a real estate agent they could negoiate for you.
good luck :) |
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great_and_mighty_adam_levine
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If you are certain that the asking price is way above market, just let the current owner list it at that price.
After a few months of having no luck, they may come to their senses.
-->Adam |
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green giant
 |
tell the owner that you are really interested in buying the house but she has to bring down the price cause you need to fix some parts of it ,, and try to tell her what is the problem with those parts .. you can also tell her about building price depression
or try to ask for help for a realtor |
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hollywoodmelody
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Take it upon yourself to do a little research. Get comparables that match in square footage,lot size,bedrooms and baths,etc.
I would suggest you also get a home inspection (upfront cost) to make sure that you are aware of every repair needed and if it would make since to actually buy the house. Sellers or owners do not have to make all repairs but you may be able to compromise a little so that you can feel that whatever your offer may be is fair to you as well as to the owner. |
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VATreasures
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Look at zillow.com to get a rough idea of what the house is worth. It is not 100% at all, but it should give you a ballpark figure. In this situation, a professional appraisal could help you determine a fair price. |
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wizjp
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Tell the landloard you know where all the problems lie, and you are still interested; at a fair price AS IS> |
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billy b
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You could have the seller fix them prior to closing or have the seller pay for all of your closing costs therefore allowing you to have the funds available to fix the home. |
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S
 |
Look at similar houses in the area, go to open houses. The thing is, your landlord, unless he's a good friend of yours, will likely be trying to sell the house for as much as he can and if he thinks he can get what he's asking for the current condition of the house, he's not going to sell it to you for less. I would have the inspection and see how many problems are found that aren't up to code. The owner doesn't really have to fix anything legally if he can find someone to agree to take the house as-is. |
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Andrea B
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When you are buying a house, you can lower the price on the home in your offer. It really depends on what things are wrong with the house. The only things that they are required to fix are things that could be a danger to you or the house. Small problems are not worth putting in the contract because they will usually reject it. |
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