 Who Should pay closing Cost? |
| I am a buyer and I want to ask that the seller pay closing cost but my realtor keeps telling me to just pay it myself to make the offer prettier. What do you think?... |
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 How do you keep from feeling totaly desperate when your house won't sell? |
Additional Details
Our house is located in the Denver area. We can't afford to lower the price as it is at the price we need just to break even. I need real answers. My husband and ... |
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 Is it wise to invest in rental property 5 hours away from my residence.? |
| I can better afford to invest in real estate away from my hometown. I live in New Orleans and for various reasons want to invest outside of my area. Is it realistic to think about purchasing a ... |
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 Can I cancel PMI if I've done home improvements? |
| If I had a 100% loan for $100,000 and made $20,000 worth of home improvements within the first year, can I get my lender to cancel PMI?... |
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 Landlady not returning the deposit? |
| I vacated a flat one and half month back and the landlady is not returning the deposit £700 saying the flat was dirty and says there is some damage which I don't agree with. I told her she can ... |
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 Should I stay or should I go? |
| Four years ago I purchased my retirement home in Durham North Carolina. The mortgage on the home is 460.00 (4 bedrooms huge backyard). My rent here in New York City is 1200.00 (1 bedroom, not too ... |
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 I am in a desperate need of a loan......? |
| We lost our house on sep due to an irresponsable landlord, he didn't pay the mortgage for 8 months and we didn't know about it, so we got kicked out on the streets with only a couple of ... |
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 Selling a house in a bad market, is it better to ....? |
| We're upside down on our mortgage by several thousand dollars thanks to a slick refinance agent and my ignorance of mortgage workings. We already have the house priced at well below what we owe, ... |
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 I let my sister live in my house rent free cause she left her bum husband, but now she going back 2 him and? |
| she says she is having to stay in her car because she doesn't want to live with him but only a few days out of week and she wants to continue to stay in my house. This house is my hubby and I... |
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 Can i ask to change the amount of rent after i had signed the contract? |
| I moved into a house with 2 other girls and the rent that was offered was $550. I had asked as to why it was so high, and it was because it was for the room + garage space. I had asked to knock off $... |
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 100k loan with 35k income through countrywide? |
| I have been pre-qualified for a home loan for 100k from countrywide through fha. I make 35k a year and have a car payment and cc debt that totals close to 500.00 does anyone think I will be able to ... |
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 How safe is buying land off Ebay without seeing it first? |
Additional Details
this is a family owned business and they are sending me the paperwork and pictures of the property through the mail. I'm thinking I'll have an attorney look ... |
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 Can a water utility company withhold service from me because of a previous owners unpaid bill? |
| Mr. A was the orginal owner of the house and he died of old age and gave the house to his sun Jr. Jr sold the house to Mr. B and Mr. B died in a car accident so the house is sold to me. Before Jr. ... |
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 I made 2000$? |
| and i want to know what to spend it on... I already have a houses and cars maybe a nice rolex?... |
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 Can I come over to your house tonight? |
| I will bring some food and my dog.... |
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oh2bjenni | Is it a real risk to sell property as is? |
I really dont have the means or patients to fix up my home to sell. I need carpet and paint bad. Some of the closet doors are broken also. Any advise? |
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Jay
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Offer a rebate to the buyer. That way you don't have to come up with the cash, it comes out of the closing costs.
For example, if the selling price in your neighborhood is 100K. Sell your house for 100K with a 10K rebate that allows the buyer to purchase the carpet color of their choice. It should also be enough to paint and replace closet doors.
The idea of a rebate is attractive. The buyer can do some of the work themselves if they choose to keep most of the 10K.
Lots of homebuyers repaint anyway to achieve the look they want. Discuss this option with your realtor. They will give you the selling price and the rebate amount that will work for your area. |
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payme1397
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chances are you will get a lower offer. it might be worth it to have a neutral carpet put in and put a fresh coat of paint on. then just add the cost to your house. otherwise the only people interested are the ones looking to do that same work and flip your house on the market. |
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bob b
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There is no additional risk selling as is, but don't assume that because you are selling as is that you no longer have to disclose known defects -- that does not change just because of the "as is" clause in the contract. "As is" normallly means that you are not willing to fix anything that is wrong with the property.
Pricing property being sold as is can be a challenge. On one hand, many buyers will try to lowball their offers and that can be an issue if you have already priced the property reflecting any known repair and deferred maintenance costs. You and/or your realtor should be prepared to discuss how you arrived at your asking price, taking into account all comparable sales and then discounting for repairs.
In the current market, buyers are either looking for pristine properties or bargains. If you don't fit either category, it could take a while to sell your property. |
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godged
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There are plenty of folks out there looking for fixer properties, you just will not receive a great price for it.
You can sell as is, give the buyer a repair allowance, or price appropriately for the amount of work needed. |
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Bobby Brown
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It's alot bigger risk to BUY a hose as is. |
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Taterbug*
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selling as is , you may not get the monies you want because many things could be wrong and the buyer will have to fix it up and be an added expense to them... I think its more of a risk to the buyer because buying as is normally means site unseen in some cases... and as you stated .. many things need fixing.. If you have the monies to invest in an asis homes then it may be worth it to the buyer! |
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estielmo
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What risk? You just won't get top dollar. |
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paintedhorse30
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If you don't have the money for repairs, then sell as is. As long as you make a little profit, you're ok. |
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GW
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The risk is that the buyer will lowball you. |
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J.H.
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Most sales are as is, unless you're offering a warranty. When you get an offer and the buyer comes back with a inspection list, don't fix it. make sure your price reflects the condition. |
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lloydrh1958
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No not a risk but you will take a loss most people nit pick a house when theyy are thinking of buying it |
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Alyssa Marie's mom
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yes it is ......and you won't be able to get as much for the house as you'd like to |
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