 My wife and i have been looking at a home (asking price 155000)? |
| this house has been on the market for145 days . we put in an offer at 145000 because most of the other homes in area sold for less the seller counterofferd back 153000 . can someone tell me what'... |
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 Is it against the law for the rental office to place an exposed late notice on your door? |
| Someone saw my late notice for rent and said that the late notice must be inside an envelope or at least presented in a way that is discreet and not so easy for anyone to read. Please advise.... |
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 If I give a landlord a deposit to hold an apartment and decide 8 days later not to take it, can she keep money |
| My brother gave a landlord a $200. deposit to hold an apartment and 8 days later after the landlord dragged her feet doing a background check and credit check, I found another apt. She now says that ... |
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 Under what circumstances can a landlord change the terms on the lease? |
| My landlord stopped by earlier this week to let us know that the "owner drove by this weekend and was disappointed with the yard"---uhh, well yeah! It's a total mess of weeds and it�... |
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 Can she kick this lady out - they never signed anything? |
| My best friend posted an ad on Craigslist searching for a roommate. The deal was 1/2 hourse share for $550 a month. Well, things have gotten pretty bad lately. She's only lived there for a ... |
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 Is it possible to find a decent home for 150,000? |
I live in the Twin Cities and would be looking at surrounding areas.
I would prefer 3 bed 2 bath but will take 2 bed 1 bath if I can add to it a den and another bathroom.
Also, ... |
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 Can I transfer title in my sons name without spending on refinancing? |
| We wanted to buy the house in our son's name, but since he did not have enough credit history in USA, we applied for the loan in my and my wife's name. So the house is obviously in my and ... |
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 Can I borrow money against my house? |
| I have a house that I own with the mortgage paid off. My Mum lives in it. I want to borrow £30k to use as a deposit for my own flat. Can I borrow against the house that I own that is paid off?... |
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 What's the price range of house I can afford? |
| I'm the first time home buyer with under 20% to put down on a house. I make about $70,000 annually (before tax). I have no debt at all , my car is paid off in full and I'm a single parent ... |
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 Non-refundable pet deposit? |
| I have 2 dogs and i had to pay a $250 non-refundable pet fee for each dog. I have recently moved out of that house because of water problems and mold problems the landlord refused to fix. I also paid ... |
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| We went into foreclosure...? |
| does anyone know what kind of financial issues we're facing?... |
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 Ok all the people who were nasty answering my questions you do not know the situations? |
| There are drug dealers hanging out at my front door dealing drugs to people and the police and landlord will not do a thing so I am not being nasty by just leaving and moving to a better place for me ... |
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 Landlord and eviction please help? |
| My landlord came over the 30th, she started out by saying she was there to collect the rent, I told her we didn't have it which she already knew cuz my husband is not working due to an injury on ... |
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 Would you rent out your property to a teen? |
| I am 17 years old and nearly 18. when i am 18 i want to rent a one bed house in a nice estate for about £400-£500 pcm. I need it to be unfurnished and long-term. I just wandered if you as a ... |
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 A house that was on the market and has been on the market for 12 months.? |
Asking price is 179k - What would you offer having known its been up for sale for so long?
Additional Details
They have never reduced the price at all....... |
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hotgirl_rightgirl00 | Is it a good time to purchase a home? |
I'm 24 years old, single, and no children. I am looking to purchase because I am tired of being in an apartment. Should I wait till the market gets better or is now a good time since it is a buyers market? I'm in Michigan. Thanks! |
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Bandit_
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Now is a great time to buy a home. As a home owner it is very hard right now to sell one. Since its hard to sell prices are down on buying. |
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Jerrold J
 |
NO!!!!!! There is NEVER a "good" time or a "bad" time to buy real estate. There are only educated buyers who get good deals at ANY time or uneducated buyers who NEVER get a good deal.
IF you are THINKING of buying ANY property based on a "buyers market" then the odds of you getting a terrible deal are great.
Everything in real estate is local. Ever here "location, location, location"?? Michigan is NOT somewhere I would be looking for an investment property. You need to look at YOUR financial situation and then see what options you have instead of paying rent where you are. But here are a few things that you need to take into consideration. Population growth in your area. If the population is going down then the future demand for houses will go down and the value of houses will go down with it. Job growth; same thing. Demopgraphics. Interest rate market. Supply and demand of current housing inventory.
Buying CAN be better then renting but you NEED to have solid financial numbers that justify the purchase AND a plan on who and when you can resell the property to support a purchase instead of "am tired of living in an apartment".
Spend the next year studying the local market factors and building a team of experts that will help you identify what would be a good investment and how to structure it.
Hint; when old ladies are writing books on how they made a "killing" in the stock market, that was a sign the market had topped out. When there are 5 shows on tv a night telling you "how you can make more money in a couple of months then you did all of last year" that is also a sign. |
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samy
 |
yes. You can read VERY interesting advice and proposals here. http://real-estate-note-buyers.blogspot.com/2007/09/first-time-home-buyer.html
taken care of and faith! Good luck! |
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Ralfcoder
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It's a GREAT time to buy, if you've got the credit rating and down payment to qualify for a mortgage, and the income to make the payments. Houses are not selling, so there's a lot to choose from. Some people are motivated to sell or else they may lose the house, so you can get some decent deals. Look carefully, and be sure to hire an inspector to look at the house before you commit to buy it. A good realtor will guide you through this.
One other recommendation - ask your realtor about a buyer's agent agreement. I can't recommend them enough. |
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kellie r
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NO wait 1 year the housing market is crashing right now the prices are going to plumit so be patient get your credit in excellent shape then buy |
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Star
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Absolutely, the housing market is at an all time low and financial analysts are predicting it will stay that way until 2009. You will get more for your buck right now. |
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godged
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It is a great time to buy. There is plenty of inventory to choose from, it is a buyers market and interest rates are favorable.
If you have a down payment saved and have good credit, talk with some mortgage lenders in your area about a home loan. |
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mrliteman001
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Oh yes, the housing market is in readjustment right now. There are an awful lot of foreclosures going on. Rates are also coming down.....I would say it is a great time to start looking at houses and the options you want in them |
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Toledo Engineer
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It is definitely a buyers market right now, and you can get the most value for your buck. Just beware of all those foreclosures a little bit. I have heard of a lot that knew they were being foreclosed on and they trashed the house so the bank wouldn't get much from it. Take for example, a friend of mine is woring on a property that ususally would sell for about 200k to 400k range and the guy he's working for bought the foreclosed property for only 30k cus of the shape it was in.
My advice is to get the property inspected by someone you trust, and to go for what you want. If I had the money, I'd be buying right now too. Good Luck! |
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nigyar_98
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Now Is Not A Good Or Bad Time To Buy Real Estate
http://on-real-estate.blogspot.com/2007/11/now-is-not-good-or-bad-time-to-buy-real.html |
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rummy1978
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It's a great time...there are a lot of foreclosures right now. |
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