 What should I be studying if I want to flip a house some day? |
| It's a dream of mine to flip a house. I don't know anything near what I need to know in order to be successful. Where can I begin to learn the necessary information so that I can be well-... |
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 Does a house need to be fully rehab before an appraiser can appraise the house? |
| The house right now is usable and functional. There are a few things need to be done like putting screens on windows, replacing the kitchen cabinets, and putting doors in bedrooms and closets. The ... |
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 Is it normal for a landlord to charge a full month even if you move in in the middle of the month? |
Additional Details
the rent here goes from the 15th to the 15th. I moved from ny into this place on the 1st. they insisted i pay from the 15th to the 15th.i also paid a security deposit.... |
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 I purchase a duplex built in '05. What typically happens with the security deposits from the current renters |
I am looking at buying a duplex in lehigh (uhg I know its a risk)
the one I've been eyeballing has both sides currently rented out. IF the current owner/landlord collected a security ... |
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 How do first time homebuyers with no credit or fairly bad credit find a good deal on a house? |
| i have no credit and i have some bad things on my credit like hospital bills. i havent been working very long is it possible...!!!!VERY SERIOUS!!!! what about forclosure houses.. *how do i go about ... |
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 How can I sale my 3 bedroom home fast? |
I made upgrades and still nothing ! Close to schools and expressways and not far from lake.
Additional Details
I live in Oklahoma by lake E... |
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 After buying a house, do you have a certain time to get seller to fix things? |
| Say you looked at a house, everything was fine, working, etc. Then right before closing the seller replaced the a/c unit, and after closing you start moving in and one 1/2 of the house's ... |
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 When buying a house, what factors do you base your decision on? |
What are ALL the factors that you would like to be able to have knowledge of before you make the decision to buy a particular house in a particular area?
Give me an exhaustive list and ... |
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 Is there anything embarrassing about renting at 45? |
| My parents own two homes and I will eventually be sharing the equity of these with my sister and her daughter. One home is in the Hamptons, NY. This home is pretty valuable. I have been renting ... |
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 Benefit entitlement question? |
| Can anybody tell me where i stand after loosing my house last year i know live with my wife and 20 yr old son in private rented accommodation witch is 650 a month However I have just been finished ... |
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 I have a rooming house available for homeless veterans. I would like to know how could I make it known to? |
| homeless veterans with monthly incomes that can afford $250.00 per month for rooming in the Detroit, Michigan area.... |
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 What advice can you give for someone buying a home for the first time? |
| I just came out of college and got a job. I am looking for a house to buy. What advice can you give for selecting a house to get the best deal?... |
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 Breaking you lease, how can i do it? |
| I need to know if anyone knows who to ask or where to go to get out a lease...I have signed a lease agreement for 1 year i have a remaining $2500 on it....But i have to move 4 hours away for my new ... |
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 Buying a home after filing for bankrupt last year!? |
| we are buying 3 acres from my father in law and just curius on how long you have to wait before we can buy a home! we have been looking into buying a doublewide are module home we have talked to ... |
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 I got 2 months left on...? |
we got two months left on a 1 year lease on an apartment
we are wanting to move and found a great place
my question is how do we get out of our lease??
we know this place wont be there ... |
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 Help, my mortgage is with northern rock? |
| we are really concered and not sure what to do? we have 3 1/2 years left with our fixed rate term... but were considering moving and paying the penatly which is around £3000, do you think we are ... |
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 Should I sell my house for sale by owner?? |
| There are 3 other houses for sale in the subdivision. We have only lived there 3 months but we are just unhappy and want to move back home. Should I sell it by owner or use a real estate agent. How ... |
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shall822001 | What do a person need to do when someone want to buy a house from start to finish? |
first time and don't know anything |
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anonymous
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i'd have some good savings or at least a decent job for a few years. i had no income verification but had savings to show. so you need either one or the other. you can buy these days with no money down. there are different loan types. i'd talk with a broker first about your credit and what you'll need. once you find out how much you can afford, you can go look at homes and be ready to make an offer right away. the lender will make you get it inspected first. if you work with a real estate agent or your broker, they will be able to walk you through all the paperwork and everything neccessary. if i would have known how easy it was to buy a place, i would have bought something a long long time ago. if your buying a condo or newer development make sure to ask questions about maintenence costs and whats included. keep in mind the costs of any repairs or changes you will want to make when your making them an offer. after you make the offer. after they accept the offer, you will sign a contract. they will ussually give you 30 days to get it inspected and complete the sale and you may have to put down a deposit of a few thousand dollars to show your interest when signing the contract. when closing on the house, you will probably want to go with a closing company. this is great because they handle all the paperwork for you. then you will sign a million papers and get the keys to your new home. good luck!! |
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D M
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MONEY, decent credit and a good real estate agent |
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coolmom
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Call your local FHA office about a first time home buyers class. I would also find a well established agent. This is typically an agent who has his/her name on the sign itself and not on the extention tag hanging from the sign. |
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Price is what you pay for value.
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As housing market continues to slump, if you don't plan to delay your plan, please interview several and pick a good realtor or agent.
Bad ones will talk you into buying the largest property at your credit limit. Good ones will find you a good deal (Sellers are offering discount and incentives now).
Try to stay away from Adjustable Mortgage, because 30 year fix mortgage rate is very low right now. There is no reason to use Adjustable loans except fatter commission for loan agents.
Interests only loans are not good iether. Mortgage payment consists of two parts: interests and principal. Interests are like rent, which doesn't add to the equity to your house. It simply disappear as your pay it. If you want to use interests only loans, might as well rent, especially during market downturn, because housing price won't appreciate.
Finally, for tax benefits, talk to your CPA or tax accountant. Do not consult finance with realtors or agents. They get commissions when you sign the check!
Good luck!
Tips on negotiation
http://biz.yahoo.com/brn/060909/19463.html
News on current market condition
http://money.cnn.com/2006/09/08/real_estate/caught_in_the_bubble/index.htm?postversion=2006090814
http://money.cnn.com/2006/09/05/real_estate/Ofheo_home_prices/index.htm?postversion=2006090514 |
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Sidoney
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I'm thinking learning English would be a good start. |
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bigscott2001
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first learn english, then learn how to type, then ask later. |
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workfrommom30
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check with hud& save alot of money. |
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cheirie
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see the property...see the location..see if you can effort...book a estate agent.....sign some papers...get a loan from the bank if you dont have any cash and off you go... |
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jackstone
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Learn somehing about real estate. Read from available ebooks you can have so that you know what to do.
Xerox all the original documents pertaining to your ownership of the house. Prepare a deed of sale for payment that it has been sold to that person of etc. etc. |
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