 We're having issues with or landlord and mold? help please!!? |
| OK, here goes. Last year or so, we had a leak in the bathroom from the tub not draining properly, carpet in the kids room got soaked and we ripped out the padding, floated the carpet to dry it. Then ... |
|
 When "flipping" a house what are the tax consequences? |
| What can be written off and how does it affect personal income tax. Also is capital gains involved?... |
|
 What do you think about REALTORS? |
| What has been your experience? The reason I'm posting this question is that I have seen some people on here speaking in not so kind words when it comes to Realtors. Some of it comes from so-... |
|
 Homeowners: How much do you make, and what does your house cost? |
Please, renters and apartment owners, I am not requesting your answers at this time. I still love you, though. :-)
My husband and I will be making a NET income of $57,000 next year and we ... |
|
 Is 7.625 a decent rate? Historically? |
I've been offered a mortgage for a 30 year fixed rate of 7.625 on a conforming level2 fannie mae loan with 20% down. Fico score is at 616.Looking at 120k home.
(Midwestern homes are still ... |
|
 What do you think? |
| My friend, Emily, and her family are moving (somewhere else in the same town) and they are selling their house. My family are looking for a house and we are concidering on buying Emily's house. ... |
|
 Mortgages & Bad Credit? |
| My fiance and I are not married yet, but are thinking of buying a house. We both have pretty bad credit. When I google "bad credit mortgages in Pittsburgh PA" a hundred links come up and I ... |
|
 Can a mortgage company prevent me from leasing my house after I've lived there for 3 years? |
| It was my primary residence for over 3 years. Does anyone know anything about this? Does it always have to be owner occupied? Thank you!... |
|
 Can maintenance be carried out in rented accommodation without 24 hours notice to enter property? |
I wrote to my letting agent about 6 weeks ago concerning a large crack in my window. The crack in my window was there before I moved in. However, now it's getting to winter i wanted it fixed.
... |
|
 How can I find the history of my house? |
| I actually have since moved a block or so away from my old house. I'd still like to find the history of the house, though, just because it seemed so cold and dark. Several people in my family ... |
|
 Is this a scam? (REAL ESTATE)? |
| Developer is looking for investors to buy lots of land. Developer is wanting to start an IPO and get $$$ to launch it. Investors buy lots and "cash out" $20 K -- then lease the lot back to ... |
|
 How do i get on Section 8? |
| i just got kick out for my dads now i'm at my moms i cant work i get ssi and i dont have a home what can i do ? i wont have any for 6 days and i cant stay with my mom and i dont know anyone who ... |
|
 I have a credit score of 640 my fiance has a score of 750. Can we buy a house what score would they use? |
Additional Details
We would only have about 5% to put down in order to pay for closing costs and have some emergency cash left over.... |
|
 First time home buyer using a VA Loan...? |
| My Husband comes home from Iraq in a month, and we are going to buy a house as soon as he gets home. I've heard that a VA loan takes a while to process and what not. So my question is, how long ... |
|
 Does a landlord have the right to call at the last second and say they are? |
Coming to go thru the house to check on it? The gave my boyfriend about 8 hours warning that they coming.... do they have the right to go thru the house like that?
Additional Details
Its ... |
|
 Should we make our initial offer over the asking price? |
| My wife and I are going to make an offer on a bank owned (foreclosure) home. It is a nice 3 bedroom ranch with a full partially-finished basement, hardwood floors, pool, etc. It's in a ... |
|
 Can someone tell me where i stand with my landlord going to court to get me evicted? |
| on mytenancy agreement it states who my landlord is but does not provide me with his address or phone number. my tenancy agreement ended on 7th january but i have not found anywhere else to stay as ... |
|
 Going to view a house tomorrow bit of advice? |
| We have been renting a flat since last May. It was fine through the summer, but since winter has come we have found it to be very draughty and cold. We are wanting to get a mortgage on a house ... |
|
 Does my landlady have the right to sell the house when we are only 3mnths into a 6mnth tenency? |
i have 2 small children and we have just moved into a rented house 3mnths ago, the landlady said she was not looking to sell in the near future and we signed a 6mnth tenency agreement.
a few ... |
|
|  |
Mandy | Real Estate info.. How much are they really willing to negotiate? |
I am a first time buyer. |
 |
 
Myron
 |
There is no universal answer, but the answer which best fits all situations is really dependant upon the offer made and how it is presented. Most agents are poor negotiators at best and fail to structure offers to best represent their clients as the best possible buyer. When you look at the picture from a sellers perspective in the future you will understand why. Negotiating a deal requires a skill that isn't tested to obtain a real estate license. Many agents are good personal marketers but not all agents are competent for the trade they are in. The knack of knowing what to say and when to say it is not an easy skill to master. Some have it and many never will. Properly presented, an offer can build great value to a seller yet be 5 - 15%, or more below asking price. Remember the buyers determine current market value where list prices are suggested value. The actual market value will be determined during appraisal. That figure might not be exact but is considered a qualified opinion which the loan will use as a target. If you make a fair offer that has proper presentation the amount will not undermine your chance for a deal. A seller will counter if they aren't sold on your price offer. Be a pre approved, strong buying candidate with a good negotiator as an agent. Most list prices expect offers to come in close but often the list price was flawed. A good negotiator will prepare a new comparative market analsys that supports your offer to help soften seller objections. |
|
Kevin H
|
Your receiving the typical variety of answers that are all good to a small degree and flawed a bit. Myron gave a good answer but failed to mention sellers motivation has some bearing on the negotiating room. Also some sellers are equity poor and have no room. That is never a condition of actual market value but can affect a sellers bottom line. Godged pitched a good plug for Countrywide lending but in thousands of loans I have originated I have yet to find their rates as a best fit for any client in the last 20 years. The seller has to buy your offer just as you are buying their house. They are looking for items in the contract that give them confidence in your ability to close timely. A pre approved buyer has the possibility but not the total ability to close. Use a well recommended Realtor to prepare and present your offer as the best candidate. Have your agent present your offer to you and decide if you as a seller would bite on it. |
|
RRR
 |
It depends on the home owner's situation and the market situation. Much of the country is on a downturn and therefore a bit more willing to negotiate, but in my area (Austin, TX) we're on an upswing, so negotiating just loses the house. |
|
Lisa
 |
It depends on the seller. I belong to the Prudential website and I saved quite a few homes and when they are sold I get an email and it tells me what the home sold for. Out of all 18 homes that were sold last month not one sold for closer than 10k below asking, the average was 15k but quite a few sold for 20-25k below.
We are in MA and I don't know what your area is like but that is how it is hear.
Good luck and we have been looking for 3 months (over 30 houses) and it is really hard to find a decent house and yard together. |
|
blibityblabity
 |
Get a Realtor, it wont cost you anything. Their commision comes out of the selling agent's cut. I shouldn't say anything, maybe a couple hundred bucks, but definatly worth it. |
|
Jeff J
 |
In most parts of the country right now, its a buyers market. Talk to some realtors in you area, ask them at what percentage of asking price most properties sell. In my area it was as high as 98% a few years ago. But now its down to 90%. A realtor should be able to tell you how long listings have been on the market, dont be afraid to throw in some lowball offers if a house has been on the market for a long time.
http://mrjjones.net |
|
godged
|
First, for the realtor offering to give you referrals, she will receive a percentage of the commission, so that is not a "I'm just trying to help" statement.
Negotiation is dependant on motivation. Sellers that don't need to sell are not going to budge much off their price. Some sellers are very motivated, and will be more receptive to offers.
Start with a lender, one with a company you know, like Countrywide. Don't go to the web, too problematic. Get pre-qualified, but know what you can comfortably afford.
Then select a Realtor, start shopping.
Have fun and enjoy. |
|
♥Sarah ♥
|
How much is the seller willing to negotiate? I think that is your question?
You won't know until you make an offer and see what they say.. they will either deny your offer, counter offer or accept your offer as is..
The best thing you can do is contact a local Realtor to help get you started. I would be happy to provide you a refferal to a good first time buyers agent in your area.
Best of luck! |
|
nashniki
|
I am looking to buy a house at this time. I am looking at the property assessor's office website to find out the history and value of the home to find out what leverage I may have. Have also found several that had back deliquent taxes owed that could have come back to haunt me. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
7 | 40 minutes(s) ago
| | | |
9 | 51 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
9 | 9 hour(s) ago
| | | |
8 | 1 day(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 5 day(s) ago
| | | |
9 | 2 week(s) ago
| | | |
9 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
