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 Any ideas where to start when buying a house?
Ok, my husband and I are wanting to buy a house. We already have one in mind. It belongs to a friend of the family. They want us to buy it, also, because they know we'll appreciate it. They have ...


 How long do I have to have used land before I can cllaim ownership?
I have used strip pf land beside field for many years, it is enclosed within my land, now claimed to be owned by another although never used by them. What process do I need to go through to claim ...


 Can my landlord put my things out?
ok my landlord gave me a 5 days notice ,i haven't paid rent since march and the notice says if i don't pay before 5/31 my possessions will be terminated. but she delieverd the paper her ...


 Moving in a couple of years time, reccomendations please..?
Me and my partner want to move out of Coventry (pretty self explanatory lol ), but want to be by the beach instead , were hoping to pay about £300 - about £500 really stretching it , 2 bedrooms and ...


 My parents are buying real estate in both their names but cant be there to sign for the closing?
Can they both give a power of attorney to one person and have that person sign for both of them?...


 I would like to purchase a home with my stepbrother but I am married.?
My husband is in the process of foreclosure ( i am not on the loan) I work full time as does my step brother credit is not that bad combined annual income in 90k the only debt that i have is a ...


 I have six months left on my lease, when can I start looking to buy a home?
I talk with my landlord about breaking the lease to buy a home closer to work. She told me that I will have to pay for the remainder of months, which is $875. So pretty much i will have to wait it ...


 How many days/months must you give your landlord before moveing out?
I want to move out due to things wrong with the apartment (to small, basment) how long do I have to let my landlord know?
Additional Details
My landlord never gave me a copy of the ...


 100% Mortgages?
100% Mortgages, 95% Mortgages, can I get one?...


 How much is the avarage utilities for a 6 person household?
And one person(renter) pays 25 persent of all utilities. Where can I find out information of all utilities billsfrom the last 6 month for residential housing in Wahsington State?...


 How can My family Avoid foreclosure?
My credit score has only gone up to 665 in almost a year and im having difficulty making the current morgage. Advice any1? programs to help? government help? any help?...


 Which is Better a PrePayment Meter or Direct Debit for Gas and Electric?
Single Occupent, 1 Bed Flat, usual Male toys of TV and PC. Works in Day. Wondering which is best PrePayment or Direct Debit with meter ...


 Is it possible to get a 100% mortgage when you are purchasing on your own and earn £13,500.00 a year?

Additional Details
The property would be under £125,000.00. I have no monthly outgoings, have never had a loan, have good credit history and have been in my job for little over a year. ...


 If I don't want to use a real estate agent, what is the best way to find homes for sale or lease in my area?
...


 My credit score is 507, 517, and 535.?
I live in Mississippi and it's hard to purchase a house. I have things on my credit report mostley from when i was in college. I am finishing up my master degree in June, therefore I have to ...


 Do I NEED a real estate agent???
I found online the house I want, its $280,000 I called my bank they ran some numbers and said I got approved for up to a $300,000 mortgage. So dont I just contact the person selling the house and ...


 How to Get Rid of Private Mortgage Insurance (PMI) on an Existing Loan?
...


 If i sign for a car, how long have i got to change my mind and get my deposit back ( if any) .signed yesterday
...


 What is property tax and how long do you have to keep paying it???????????
I am considering buying land In New York (possibly in Rye) but I am wondering what is property tax, where does it come from and how long do you have to keep paying it?...


 Can LandLord Do this..?
My Landlord came down today and gave me a Termination of Tenency notice. I have been in the house about 4 years. I have never been late on my rent. nor gave him a reason to throw me out. Is there ...



Cool Person
Is this house worth buying?
Ok..this house is brand new..about a block from my house..anyways it has imported marble, stone outside on the walls (not typical of this area), wood floors, updated kitchen...anyways..its only 2,750 and its 3bdrm 4bath...and its land is only like 5,000 sq...and we are planning to convert the garage into an extra bedroom...(its in miami, in a neighborhood area not near any waterfront properties) they want $849,000....is it worth...the house we have now is almost double that and we want to sell it for $1,200,000..any advice..realtors...
Additional Details
ok..and just so you know..i am not trying to brag..i dont care really what people think about my home ..i was just using it has an example because if you do the math... that house doubled would be putting a price tag on my house of about 2 million dollars..and i came here to ask realtors..i dont want to confront them because they will be calling me and asking me of their services..thanks for your answers..
                     
 




Drew
Put your hime on the market for 1.2M and see if you can sell it. I am sure if you walked over to the new home with a chack for 750k You can sign paper work that day.

http://www.breakingbubble.com/index.htm


Joe M
Rating
How old is your home? If it is in the same neighborhood as a new home I assume it is relatively new? If it is twice as big and worth 1.2M, after taking 40% off for land value, yours is worth 130.91 per sq. ft. The new home is only 2,750 sq. ft., times 130.91 per sq. ft. makes it worth 360,000, divided by 60% is 600,000.

Either the new home or your home may be greatly overpriced.

An investment of that size is worth paying for an appraiser to tell you the true value and expected marketing time of either property. A CMA from a Realtor is worth exactly what you pay for it.


i pack a 44
buy buy buy.....than flip


Miranda
Rating
expensive!!!! but yes, sounds worth it!


sophieb
first of all, right now is not the time to sell as there is a glut of homes on the market. Because of the high insurance costs and tornadoes/hurricanes people are trying to get out from under the homes they bought, plus a lot of people have lost their homes to repossession because of the bad financing plans for them. People who are trying to sell their homes now are including air-fare and trips, and new vehicles in the sale as incentives.

The cost of a home is worth it if you have the income to repay and the upfront money for the deal, and if your family is in that area you are moving to, or if that's a safe area near schools for your children, etc. Many things are involved and it's your choice. As far as it being worth that amount on the street where it sits, have your realtor run a check as to what the selling cost is of the other homes in either of those areas and see if you are paying a fair price. If you don't know a realtor, go to realtor.com and see who is in your area.

Right now is a bad time to flip properties.


kittyrogers
Rating
You'll have some hefty capital gains to pay. Are you simply bragging about your current house? Sounds like it. Most adults simply go and ask area Realtors and get on with the process of buying and selling, they don't come here to talk about how much they have or don't have to spend. You sound gauche! In addition, Miami has changed demographically and frankly, I would not want to live there at this point. Also, you have nitwits here telling you to flip the house. They obviously don't know what that means as you would not flip a BRAND NEW HOUSE!


mslider2
Rating
If it's brand new how could it have an updated kitchen? Updating is what you do when you replace the old system with a new one.

The real estate market is way overinflated. You will also have large capitol gains to pay.

Nope, not worth it.


sunset
Rating
Dang, the digs sound very nice. Are you interested in a valet, housekeeper?


Jay S
It would be wise to contact some Realtors in your area to answer this question. Ask them to provide a Comparative Market Analysis on the property for you. Most agents will provide this to you free in hopes of representing you in a real estate transaction. Be sure to explain that you are interviewing multiple agents to get a good idea. Each "CMA" will be slightly different. Be sure to get references, sales records and a marketing plan before you choose an agent. Also, don't be afraid to hire a new agent. Often they can spend the most time working to help you, and they have an experienced staff to help them.


pattibcacl
Rating
I say buy it then flip it if you happen see something else you like get it good luck


Jacob H
Rating
i think it is worth buying i mean it is brand new there wont be any creaking or anything


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