 Its been 2 months since I received the notice of foreclosure.Is it too late to stop foreclosure? |
| I always have this stupid habit of doing things at the last minute.Probably thats what got me in this rut in the first place.... |
|
 Becoming a real estate agent at 18? |
| Can i become a real estate agent at 18? Maybe not as a full time job, but as a side job.LoL..thats all it is now..hehe..i am 15 now but i know alot about houses, financing the market etc..would i get ... |
|
 I can't sell my condo and I need to do something fast? |
| I have a major financial dilema. I own a condo in Michigan where the economy and the housing market has pretty much hit rock bottom. I moved out of the condo a year and a half ago because I lost my ... |
|
 Ok let me refine my question...? |
| A friend moved in to her apartment 4 years ago. Her mother co-signed on the lease, it is a yearly lease. Friend signed a new lease last year after going month to month so her rent would not go up. S... |
|
 Landloard made mistake on lease and wants me to resign it to there benifite? |
| o.k sorry this if this is long but Im just trying to give you the whole story. o.k I live In Minnesota and I went to resign my lease for my appartment and I got a letter saying rent was going up to 52... |
|
 Cockroaches in apartment, landlord-deadbeat, how can I solve this problem? |
| I have a really bad cockroach problem at my apt. the landlord has said that they would exterminate but then she said they have trouble with company that does it/switching companies, etc etc. NOTHING ... |
|
 Low income? |
| i have just found out i am pregnant so me and my boyfriend are moving in together but we have a low income i am on 120 pound a month because i am doin a course and my boyfriend is on 290 a week the ... |
|
 Security Deposit? |
| I am moving into a new apartment. The owner wants a security deposit in the form of a cashiers check made out to his personal name BEFORE the contract is signed. I was just wondering if that was ... |
|
 Legally is there a way to stop my apartments maintenance men from entering my tx apartment without permission? |
| I just moved into my apartment last month. 3 weeks ago I was watching TV in my living room and heard someone trying to enter my apartment without knocking. They were putting a key in my lock and ... |
|
 I want to know the price of house for sale in america? |
can you tell me some information about the housing in US, in some cities as new york, san franscisco, and washinton and so on
i found some very cheap in yahoo real estate, is it real or what?<... |
|
 Landlord and Lease Problem? |
| I moved out of an apartment I had a cosigner with. She smoked marijuana 4 days out of the week with several friends. It was a horrible living situation so when a friend wanted to move in I was all ... |
|
 We want to refinance our house....are we in trouble? |
| We were discussing refinancing before all of this sub-prime mess started to happen. Now I'm wondering if it's a bad time and if we'll have a problem securing a loan. We have good ... |
|
 How much money do you make when you sell a house in the state of texas? |
Or whats the percentage that you get off of the amount you sold the house for like 2% or 5% etc.
Additional Details
Yes I do mean as a real estate agent.... |
|
 If your solicitor has cost you c.£20k by negligence, what is the best course of action? |
| On selling house, solicitor failed to notice an unsigned deed of easment, which resulted in losing 2 buyers. 18 months on the property is unsold.... |
|
 I quick deed my house to a investment company? |
| I made a agreement with a investment company for my house i own. They paid me 15k and would make payments for 1 year, at the end of 1 year they would pay off the loan. However its almost 8 months ... |
|
|  |
crankyclara | Is it better to buy a crappy home in a desirable location or a nice home in a less desirable location? |
Additional Details
Sorry, I should clarify: Is it better to buy a SMALLER home in more desirable neighborhood or a BIGGER home in a less desirable neighborhood. Less desirable meaning in the suburbs.
For those who responded: thank you.
|
 |
 
Healthydose
|
If you take the first option there are several advantages. 1. The house will cost less. 2. When you fix it up it will have a greatly increased value. 3. If you have children they will have access to better schools. 4. You will live in a better place. For the second option you probably will pay close to the same amount for the "nice" house, but the other options will be reversed. |
|
Real Estate Guy
 |
location location location.
you can always fix a crappy house, but you have NO control on a crappy neighborhood. |
|
Song Title?
|
Yes,Buy the crappy house.Fix it up.Then you have a nice house in a desirable location.Our realtors always told us it's better to be a lower priced house in a good neighborhood than the most expensive in the same neighborhood.People may not be able to afford that one but may be willing to pay more for yours. |
|
Yvelise
 |
It is better to get the 'crappy' home in a desirable neighborhood. You can probably get a good price for it as it would need some work. Then you work on it and make it yours, make improvements. Eventually if you do want to sell and move on, you'll have made your improvements and be located in a nice area.
If you were to buy a nice home in a less desirable are, it may work against you later on. You may have a harder time re-selling it down the line. But ultimately, you choose the house that you will call home. You are the one who's going to live in it, so you should definitely enjoy it. |
|
godged
|
It's a better investment to buy the worst house in the best market. You can fix the house, you cannot fix the neighborhood. |
|
Ellis Wyatt
|
I'd go for the crappy home in the desirable location, if those were my only two options.
Having a nice house doesn't mean much if you get your car broken into every weekend (or worse). |
|
cdhannum
|
It can go either way....a crappier (or smaller) home in a large neighborhood will give you the oppotunity to fix it up and potentially make money on top of any appreciation at time of sale....
However....
I would look at the larger house in the not-so-nice location very carefully...in the vast majority of cities across America, the current trendy (EXPENSIVE) location used to be the slums. Research the market, see which areas are primed for redevelopement/revitalization, and buy a decent home there. Then ride it to the top. Of course, this only works if you can afford to take this risk, if you don't have kids to worry about getting into a good school system, your willingness to get your car stolen, etc... |
|
BOBBI M
 |
depends are you going to have the funding to make this crappy house more desirable? It isn't going to improve your situation if you can't bring the house up to the neighborhood standard. |
|
dougdg@yahoo.com
|
If your handy or have access to cheap labor the crappy 1 is best. All the other homes in the area will bring your value up. Bring that home inline with the others and you'll make $$
If you buy the best home you will help bring all the others up in value |
|
The Central Scrutinizer
|
Neither. I've always heard that the two homes you don't want to own in any neighborhood are the most and least expensive. |
|
jj
 |
DEFINITELY the crappy home in a good location. That's what I'm renting right now and it's the only house I've ever considered buying, even though basically everything was broken when we moved in and the place is cheaply constructed. But so what, right? The yard is huge and the wilderness is right around the corner, and I love living here. I'd hate to live in a nice new house in some horrible housing development. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 29 minutes(s) ago
| | | |
10 | 45 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
10 | 10 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
10 | 5 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
10 | 1 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
