 How much more of drop in the price of houses can we expect in the next 6 months? I'm looking to buy. Wait? |
I'm looking to buy in Chicago's NW suburbs. I can wait another 4 months if I need to. Is that my best bet?
What can I expect to pay for a house that is listed for 300k right now ... |
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 I signed a contract with a real estate agency which said I pay 4%when they sell my property & now they want 6% |
| They said I have to pay 6 % now because the sale was from another real estate agency and they want a cut. They said I could have prevented this by muli- listing but I thought I was doing them a ... |
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 Does putting pictures of the inside of your house on the MLS help it sell? |
| I just want to know if seeing the inside of the house on the website is actually helpful or not for the seller. T... |
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 House for sale owned by the listing agent.? |
| We are in NJ. We're interested in a particular house which we have an appt to see. I checked into the tax info and saw who currently owns the home. I just realized he is the real estate agent ... |
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 Moved out of apartment and off lease now my ex boyfriend wont let me get my things.? |
| I was on a lease with my ex bf and less then two weeks ago and i had to remove myself off cause of school purposes for my son. At that time i was involved in a bad car accident and was not able to ... |
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 Is it illegal for a realtor to help with down payments on a house? |
| I am trying to close on a house that had many issues on the loan. I've even got to the end, and the bank saw a judgement on my credit that the underwriter didnt catch. 2 mos later, my credit has ... |
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 Will anyone rent to a person with bad credit and no recent job history? |
I have money to buy a mobile home,but my situation is considered weird by some.
Married,but want to live by myself.... |
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 Does building a fence add value to your home? |
| My husband and I want to put up a 6 foot wooden privacy fence starting at our back door and going around to the other side of the house, completely closing in the back yard. We are looking at about $... |
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 What would you do? |
| OK. Say I live at the end of a street right on the lake, and you and your family move into the house next door that has a nice view of the lake through my property, but is not lake front property. T... |
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 I need a 4br house to rent ASAP ! how can i find one? |
| i am in need of finding a 4br house! i am looking to move ASAP/no later than Aug.15th.my price range from min.$1100.-$1450.max for rent a month. please HELP!... |
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 Is this mortgage too much? I think my MIL got taken for a ride? |
| Okay, I don't know much about mortgages, that's why I'm here. She purchased a home for 150k and is paying 1500 a month...that just sounds like way too much isn't it? In the end ... |
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| Do I necessarily have to get a loan to buy a house? |
If you have more than 20% for down payment, then is it still necessary to get a loan? For what other reasons would one get a loan to buy a house?
Additional Details
A loan officer is ... |
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 Landlord asking for too much personal info on application? |
| We are looking for a rental. We have tons of assets and the perspective landlord knows this. He gave us a credit application. We forwarded it to him and he then asked for our birthdates. This ... |
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 What can I do about noiseyneighbors in my apartment building? Los Angeles here!!? |
| The neighbors that live below me play music all the time. It thimps with bass and I can barely watch TV or concentrate. I have tried to talk with them, but no luck. I've reported them to the ... |
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 We're renting a townhome from Remax realty in Chesapeake Virginia that has big cockroaches, what will they do? |
| We started living at our new townhome (rental) on the 20th and there are cockroaches. We just moved in 2 nights ago and last night we saw 3 different ones run and scurry across the floor. The realtor ... |
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 Ok.. FHA say's I'm approved for the loan. Closing is Set for this coming Tuesday. Title work has been ordered? |
| They have doen all the paper work W2's, Bank Statements, IRA funds, Credit Reports, ETC.. They called my employers this past wednesday to verify my employement.. Loan officer told me they would ... |
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 On a 100% loan - what costs are the buyer responsible for? |
| I found a house I like while browsing. I had no plans to buy but now I am thinking about it. I have good credit and job history but no savings really. So I would need to do a 100% financed loan; ... |
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liveyourlife♥ | Was my father right or wrong?!? Pretty simple question lol? |
Hey im 13 and in 8th grade and i have this to desire to be rich lol and happy, but really rich lol. My father said that if you purchase a condominium you can trade with other buyers in different locations from the same company.
Ex. If i own one in Las Vegas lol and the company is like *idk triump condominiums* i can trade with someone in Itlay.
Was he right or wrong?
How much do luxury condominiums cost?
Thanks!!!
Chanel ;3]
Additional Details
I have good grades lol, i want to go to Harvard, second choice is Yale lol, i know what i want...hehe |
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Monika Wilson
 |
you are a cool kid! I like your goals. Your Father's idea sounds like time share but you will not get rich with it. However they are fun. To make money with Real Estate you have to invest in properties and either rent them out or buy land or homes and wait until the value goes up, or all of the above. Duplexes are always great. In some cases you can maintain the property with the income of one half and have the income of the other half as a "gain". You have to watch the market very close to buy and sell at the right times.
Good luck for you big goals. Way to go! |
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RickRN
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Sounds like a Timeshare. Prices can vary. You never really own it and it won't make you rich. |
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Mr. level 7
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yea what he said |
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tlc
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Your father is probably right - however, I think you need to clarify some of the details with him. I'll sell you a condominium I have down the street for $750,000 - unless you want to pay more. So what that it's worth $299,000 and I don't really even own it! LOL. Perhaps you should work on your grades right now and begin considering what college you are going to attend so that you can have the earning ability to purchase property in the future? |
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tayfrog8
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im sorry, but huh?
lol xP |
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J_Crew247
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You won't become rich by trading a condo for a condo unless the one you are getting is worth more. But honestly, if you owned a $1mil condo you wouldn't trade it for something of less value? What makes you think someone else will. The best way to become rich through real estate is to get your real estate license so you get the gist of the industry and make an income, buy property in an upcoming community for cheap and sell it for more.
The price of a luxury condo varies depending on location. |
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godged
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You can do it, but you won't get rich doing it. Basically, you can travel without having to pay for a hotel room, you won't get rich doing that. |
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Alterfemego
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Maybe what he was referring to are timeshares. Those if placed with companies like RCI, you can exchange units each year anywhere they have an opening. |
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mbz
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He's right |
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Patrick
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I believe he is wrong, at least here in the United States anyway. I know there is a movement of "trading" houses (I'm sure condo's as well) that has begun recently. The movement is in its beginning stages at the moment and I'm not sure how far it will go. I doubt seriously that you would be able to find someone who will trade your $250,000 condo for his $500,000 condo.
Thinking of getting into real estate early is a way to get yourself ahead quickly, especially if you start young and continue with it. Establish your credit quickly, keep it nice and clean and buy a duplex or better yet a property while you still live with your parents. Rent it out and buy another. Continue to buy 1 or 2 properties per year and rent them out. If you follow through with this plan you'll be worth well over a million dollars within 15 years. Remember, renters are paying your mortgage for you.
It's an over simplified answer for you but one to follow. As with all things you need to make sure you buy houses that will "cash flow" when you rent them out so you can cover maintenance coasts, etc. |
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