 This guy is an idiot!!!!? |
| so we've been living in our friends house since december cuz he moved to costa rica. we signed a lease for 6 months, so we're out at the end of this month. we already told him we're ... |
|
 Even though I have a broker, can I still call the bank and check the status of my loan? |
Im getting irritated and frustrated. We are already weeks behind, and I should have heard something Monday.
My broker likes to avoid me till he has something to tell me.
Im going insane!!!!<... |
|
 How can I get a home for me and my daughter with bad credit? |
| I just recently paid off all of my outstanding creditors and I need to move out of the place I am at within the next month. How can I do that if my credit report won't reflect the payments until ... |
|
 Is it legal to have someone get an apartment for me so I can live in it? |
| I have bad credit and can't get approved for any apartments, it seems. I have a decent job that is career oriented. So, I figure the only way i can get a place is to have someone else apply for ... |
|
 After buying a mobile home and living in it for 10-15 years if it has been well maintained will it...........? |
| go up or down in value? Lets say at the time of purchase it is 10 years old or less and in excellent shape. If its well maintained what will happen to its value as time goes on?... |
|
 Can a commercial landlord raise rent because they had to replace an air conditioner? |
| A pet shop has had trouble with the air conditioner all summer. He has tried to have it repaired but the air conditioner was just to old. He asked his landlord to replace it but they said if they ... |
|
 Should we purchase a home outright? |
| My husband and I have the wonderfull opportunity to purchase a home outright. I am aware of the tax breaks we would get if we were to finance a home. We would still have PLENTY left over (after ... |
|
 Tenants rights? |
| I have never been late on a rent payment.... My landlord came to my apt. today and told me (verbaly) that I had to be out in 5 days due to structural damage to the building that needed to be fixed. I... |
|
 Home inspection report--should owner get copy? |
| We got out of a deal to buy a house because of all the problems on the home inspection. The owner, who is selling the house FSBO, would like to know what issues came out from the inspection. Is it a ... |
|
 Is there a way I can buy my first home while having poor credit and without providing income? THX!? |
| I have never bought a house before and know nothing as to how to do it. I just figured I'd never be approved since I have very poor credit and I get paid "under the table" and wouldn&#... |
|
 I'm a first time home buyer, what do I need to know? |
| Im 22 and my husband is 25. We both work f/t and I go to school. We want to buy a house because we calculated how much we have thrown away on rent. We havnt found a house yet , but I want all the I... |
|
 Can i get housing benefit to help pay my mortgage? |
| My wages just about cover my mortgage costs per month.... |
|
 Should I rent or buy right now in Southern CA? |
| I have heard mixed things about the the upside or renting and buying, and I am confused as to what to do. I would be buying by myself in the 400k range. I have about 30% to put down that would ... |
|
 Refinancing house- who to consult? |
| My husband and I are looking to refinance our house. How do we go about doing this? Who should we consult?... |
|
 I was sold a house with foundation problems, and it wasn't disclosed when I bought it. What can I do? |
| I have been in my house for 1 year. But my real state agent never went over the inspection report with me, not only that I didn't even get a termite inspection. I am a first time home buyer, I�... |
|
| Best place to get first time home buyers loan, bank or finance company? |
| im looking at a house for $140,000. i bring home about $600 a week with a .50 cent raise every two months. she grosses $2600 a month and gets paid once a month. she has no credit. and what little bit ... |
|
 Would it make since to refi on property puerchased in Aug.? |
| The problem is i found someone to the the refi but it would only save me 300. I have no pre-pay penalties and wont have any if i do refi. Also i dont have to pay a closing cost. Should i just wait ... |
|
|  |
. | If a house is on the market for over 90 days can you offer at least less money for it how much would you offer |
|
 |
 
rikaroony
 |
I would offer 10% below asking price. |
|
nkasoff
|
Depends on the house, the current list price, and your local market. The "10% below list" rule of thumb only applies to a house for which the list price is reasonable. But there are many agents out there who will list a home at far more than it is worth, just to get the listing. They know that in the end it may sell for 25% below list or more.
If you aren't familiar enough with your local market to assess for yourself what the home is worth, you need to be working with a buyer's agent who can do this work for you. If your current agent is talking nonsense about "insulting the seller" then it's time to find a new agent.
One more thing: NEVER work with the listing agent when you are going to buy a home. (The listing agent is the one whose name is on the sign in front of the house.) Agents love it when buyers do this, because they earn a double commission. But the listing agent has a relationship with the seller, not with you. You'd never hire the attorney of somebody who was suing you, and the same thing applies when you are buying a home. A buyer's agent is paid his sales commission by the seller, so it won't cost you a dime to get one. |
|
notyou311
 |
You need to talk to your real estate salesperson about it. You may have to make some improvements as well as lower the price. Have you removed all of the clutter in the house? Painted? Freshened up the look of the place? Does the outside have curb appeal? Put a big pot of mums outside the front door and paint the door a bright color like yellow or red. |
|
Christiane
 |
You may offer whatever you want...but the seller may not take it. Do your homework. Find our what improvements, if any need to be made. Have a contractor estimate those costs and make an offer including these costs. Good luck. |
|
VAgirl
 |
Ask your buyers agent-which you have right? They should guide you on the offer. They can tell you what other similar props in the area are selling for (or on the market for) and they can tell you if the prop has dropped in price already. Depends on the seller-they may not be able to take less money, they may have an unrealistic view of what the house is worth, they may be testing the waters and aren't really worried if it sells. If you make an offer that is less than asking by more than about 7%, I would write a letter to the owners and tell them what you like in the home and that you would enjoy the place and seeing your family grow up there, but these are the things that make you feel you should offer less. If the owner is in the mix (not a foreclosure or flipper) then they have likely put a great deal of time and pride in that home and if you offer say 15% less and say "well it's a dump we have to do x,y, and z" you may just tick them off and lose the place. If however you tell them you love the flowers they planted, the color of the kitchen, etc but you will need to upgrade the heating system and the plumbing-well that is easier to hear and may make them realize they are asking too much. Just be sure you aren't going to low in the offer. Good Luck! |
|
Monika Wilson
|
This is a strategy a lot of Realtors and Buyers are using in a Buyer's Market. As longer a property is on the market, one can assume as more willing the seller is to negotiate the price. A lot of times you can get those properties about 10 - 15% sometimes even more under asking price.
But if the property is on the market for 90 days or more, the price might have been adjusted (lowered in many cases) at least once. Check out recent sales in the same area, look at the price per SF and other criteria, to find out the average purchase price of those properties. A local Realtor should also be able to tell you the difference between the asking price and the acutal purchase price, that should give you a rough idea.
It is a buyers market, it never hurts to try (: |
|
Gatsby216
 |
You need to do your own research. You should make an offer that is based on market prices. You are on your own, even if the realtor is a personal friend, just take thier advice as part of your research. Realtors always, "We don't want to insult the seller, so the offer has to be higher". Huh? OK, it has to be in the market, but why is an offer insulting. The seller can just say no. |
|
dragonfly_3
|
before making any offer, ask your buyer's agent (the real estate agent representing you--and if you don't have one, get one because they are free to you--they get paid out of the seller's proceeds when you buy). Anyway, have that agent pull some comps in the area and see what other houses are selling for--selling for, not listed at . What they list at and what they actually sell for might be two very different amounts. When you have some solid information on what is going on in that neighborhood, you can make an informed offer. |
|
Froggie
|
You really can offer whatever you want. If the seller wants to sell, they will consider all offers. If they are not in a hurry, they may tell you to jump in a lake after receiving a lowball offer. Either way, it doesn't hurt to offer what you want to pay. If you don't get emotionally involved (don't "fall in love" with the house) and your offer is rejected, then you continue the house hunt. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 22 minutes(s) ago
| | | |
9 | 57 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
