 What do I need to do to be able to be a real estate person? |
| I'm a high school graduate and am interested in the field but i am not aware of the proper steps that i need to take. and help please? T... |
|
 First time buying a new house, and I am clueless.? |
| My husband and I are in the process of buying a new house.We already went thru signing the contract, giving them the earnest money, and they already did the appraisal.The mortgage company already ... |
|
 Why wont estate agents leave you alone?? |
| Why is it that my husband and i gave 3 estate agents our details and told them under no circumstances do we want to be put on the mailing list, the reason being, that they never send you anything ... |
|
 I might sound like a idiot but........? |
| is there anyway you can have two apartments in your name?... |
|
 What percentage of your income should you spend on a mortgage? I dont want to overextend my budget? |
| Im 25, I am in shock when i see my friends (same age, same entry level income) go out and buy 250k-300k houses like its nothing. They dont have 20 bucks to fill up the gas tank but they can afford 2... |
|
 My landlord took me to court so he could legally evict me from his premises.? |
| So my eviction was for Sat., Oct. 15, 2006 @ midnight. Around 1:00p.m. that Sat. I came home to 6 people, the landlord, his 2 old enough daughters, step-son & his wife, as well as his friend, ... |
|
 What does this mean for people who have their mortgage with IndyMac? |
You need to see this article to understand the question
http://news.yahoo.com/s/... |
|
 Can landlord & old tenant do this? |
| We were suppossed to move in yesterday (10/1). Got keys from old tenant on Saturday when we moved our bed (it got delivered) in after they had all their stuff out and were leaving. They were ... |
|
 Mortgage advice? |
| My job is fairly low paid (16k), I am in the process of looking for another one as is my partner. I have a reasonable deposit (20k). The thing I want to know is what companies are likely to take me ... |
|
 Central heating not working properly - shall we pay the full rent? |
Hi,
We rent a house which has gas central heating. The thermostat is broken, so we cannot set a certain temperature. We have to turn the heating on manually, which then will go on full power. T... |
|
 Can the landlord keep me from putting a fence up? |
| I am renting an apartament with a small yard in front and the side of the building. I wanted to put the fence up to keep our baby from running out to the street. The lanlord is telling me I can'... |
|
 How Can I Get Onto The Property Ladder??? |
| What are the best first steps to take, for a complete novice like me???... |
|
 How much of an influence does a co-signer have on a loan? |
| My husband and I can easily afford the house of our dreams. However, we have limited..not BAD...but limited credit history. As we are young. Will having a co-signer with excellent credit help us with ... |
|
 Is a manager allowed to say you are being evicted to a potential new landlord? |
| The manager of the complex i am currently living in told a landlord who was doing a reference that I was in eviction? Is this allowed in the state of california?... |
|
 How much do I have to charge as a deposit of rent ? |
| We own a duplex in Washburn Missouri, vlose to Cassville , like 30 mints from Joplin, Its open land, normal size, 1 bedroom, living room, heather, we are just replace the carpet and paint the place, ... |
|
|  |
beagle_owner | Ripped Off? |
My Aunt and Uncle just sold their house and are having the feeling they were ripped off. They sold it for $114,000. It was worth $150,000. They left all the appliances including a stainless steel refrigerator that was less than 6 months old. The house had hard wood floors, a full basement which only half of it was finished and the other half was for clothes,storage,and washing machine and dryer. It had a deck that was about 7 years old. It had a fireplace and wood burning stove. Fireplace in living room and stove in basement. It had 3 bedrooms and 2 baths. With a extra formal living room. Basically a ranch style home. Paved driveway and the house set on 1 acre of land. It was a very good neighbor hood, consisted of senior citizens. In a real estate sort of mind does this sound reasonable or a big rip off. It is in a part of Virginia.
Additional Details
alterfem..., don't call me sweetie! |
 |
 
r2mm
|
The fair market value is the agreed upon price offered by a willing buyer and accepted by a willing seller. If your aunt and uncle did not believe the price was fair, they did not have to agree to sell for that price. On the other hand, if the house was on the market for a long time and had no higher bids, then it wasn't worth $150,000 in their LOCAL market at the TIME it was for sale. Location and timing are everything. Half a mile and six months can mean the difference between $150,000 and $114,000 |
|
tudorjason (matt)
|
Your aunt and uncle's realtor helped them sell their house during a real estate market that is a buyer's market. If they wanted to get rid of that house bad enough, they had to sell it for less than what they paid for it (if it was recent) combined with all the repairs they made. It's business, it's reality, and a lot of people are going through having to sell their house at a loss because of the economy right now. Sorry. |
|
Angie
|
If they were uncomfortable with the terms, they shouldn't have sold. But please keep in mind that the real estate market across the country has been in a tail spin. I saw on the news this morning about a foreclosed house that had originally sold for $350,000 was selling at foreclosure sale for $189,000. That may be an extreme example, but many house are selling for much less that people think they are worth. And frankly, almost everyone thinks their house is more than it actually is. |
|
Paula M
 |
call a local real estate agent and ask for comps. |
|
Chuck U. Farley
 |
What were they thinking selling in the current "failing" market.
Welcome to the subprime mess's spreading effects.
BTW, nobody put a gun to their heads and made them sell it for that little. |
|
bud68
|
Ripped off? They're the ones who agreed to sell for that, correct? |
|
Alterfemego
|
Sweetie, there is no way for any one of us to know what the values are in their area. If they worked with a Realtor, best guess is they got what the market would bear. In other words, what the buyer thought was a good price. Does that mean they were ripped off. Maybe -maybe not. |
|
PIKA
 |
they should have sold 3 years ago when buyers were still being over charged. its all about the luck of the draw. house prices(appraials) in most markets trippled in about 10 years. It was be foolish for anyone to beleive that the market would sustain this kind of inflation. |
|
estielmo
|
If they agreed to the deal where's the rip-off? It wasn't worth $150,000 or that's what it would have sold for. Things are only worth what people are willing to pay.
I have a baseball card "worth" $700, but if I can't find anyone willing to pay it then it's worth what ebay will draw.
You don't say how long it was on the market, but the true question is: Did they hold out as long as they felt comfortable? |
|
Astrolion
 |
In this market, I believe ALL sellers are being ripped off by the market, when you define "ripped off" as not receiving fair value for your property. The problem, the market is not paying "fair value". |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 14 minutes(s) ago
| | | |
10 | 39 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
10 | 4 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
5 | 10 hour(s) ago
| | | |
10 | 11 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 3 day(s) ago
| | | |
10 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
