 Buying a home (unique situation)? |
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| I've been approved for a loan of $75k (not very much I know) but was convinced by Agent that I'd be able to find a really nice foreclosure home for that amount...still haven't. I'... |
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| After placing several offers on a bank owned property we finally received word that our highest and best offer was accepted. The banks listing agent sent us the banks purchase agreement and it had ... |
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| My ex husband and I bought a house together while married, and now that we're divorced and both remarried, I want my name off of the house. He said what he has researched is that the only way ... |
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| I am wrking in a public ltd co., net sal is 12 k but i am wrking for only 2 months.. Is there any time period in the present job to get a home loan?? Am i eligible for getting home loan?... |
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 Are there any places in the U.S. where a person could buy a house for less then $50,000 that isn't isolated- |
| what I mean is that it isn't in a suburb, but has a sense of neighborhood where you can walk out your door and not have to get into a vehicle to get places.... |
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I have seen many people in the real estate business but yet I did not see any real person who can buy a big land....
how should i find such buyers ?
What should I do to find some one who ... |
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 Is a 6% real estate commission with 4% to selling agency plus a $5,000 bonus to selling agent a good plan? |
| My house is super upgraded and in sparkling condition on a large lot with a great view. Only negative is the outside is an older 60's style (fab condition but not the newer "big box" ... |
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 Landlords, what do you think of this??? |
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 Can you sue a tenant for ruining your property? |
my dads tenant left all his crap in the house at literally cost us about $4000
Additional Details
the guys left his crap at our house and broke a hole in the wall, his dog peed on the ... |
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 Am I a canidate for a home loan? |
Am I a canidate for a home loan?
My husband makes $45,000 a year (We have a 6 month old so I stay home)
We have $1500 in credit card debt (due to Christmas shopping)
We owe about $6000... |
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 Can 2 people each get their own mortgage to buy the same house if they are both living in it? |
| ok so 2 people live in a house they rent, the landlord gives an offer for us to buy it, but we want our own mortgages ect. can these 2 people each get there own seperate mortgage for the house and ... |
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 Mortgages........? |
| Does anyone know of any mortgage companies who will lend 4-5 times salary? We are not first time buyers but are struggling to get a bigger ... |
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My house is being foreclosed on. Will I still owe money?
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 Planning on buying a house advice is needed.? |
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 Went ot jail and got evicted? |
| I went to jail for one month and when I got out, my landlord changed the locks and kept all my belongings inside the house. Everything. He did not evict me through the court system just a 3 day ... |
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cwexl | What is the housing market going to do? What is the best time to buy a home? |
We are looking to buy a new home (primary residence), but are anxious given the state of the housing market these days.
There is a house we are particularly interested in, but it is a new listing and we aren't sure the sellers have felt the full effect of the soft market yet. How long should we wait before we put in an offer? (They have already had a small drop in price after their first week of having listed the place).
Thanks |
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Gator
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If you the funds it is always a good idea to buy a house.
Right now it is a buyer's market so you can negotiate prices much lower than their listings. With interest rates dropping & if you have a good credit than you would get a favorable mortage rate.
As far as when the market will hit floor... nobody know for sure. It depends on location. where jobs are abundunt the price will be stable and pick-up once the credit crunch is over.
Location Location Location - if you decide to buy in suburbia the price will keep dropping (i think) until the end of this year.
Research how many foreclosure has this area has, how many subprime houses sold, the rate of decline mean price...
new houses being built, how many houses were sold. - the information is available to local realtors or easily calcutated using public information. |
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Tres7
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Real estate markets are local in nature so it is difficult to estimate what will happen when you make your offer. It is a good time to buy because rates have came down and in most areas it is a Buyer's market. But in some areas we are seeing a more normal appreciation than the appreciation we have seen in the past 3-5 yrs. (which was over inflated anyway) Make your offer and you will quickly see where the motivation is. Go For It! |
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T C
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The housing market is tied to the banking (mortgage) market. They were giving mortgages away to anyone that had mortgage payment money. Now that it is harder to get a mortgage it is harder to sell a house so the price will fall. The builder has very little cushion so if the house fits your budget, you plan on staying there longer than five years, and you can get a loan. I would buy soon. |
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indiana_crank
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If ou live in an area that had a bug run-up like California, houses will keep falling until 2010-11. |
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jayesa
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WHEN YOUVE GOT THE MONEY. |
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godged
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If they are listed with a Realtor, hopefully that Realtor has prepared them for the type of market they are in. As a buyer, I am certain you have researched your market so you can formulate your offer.
Some people have priced appropriately out of the box and won't accept lower offers. And considering it is a new listing, they may want to see what the market will bear.
Have your Realtor run comps to see if they are priced right, or if they have some work to do. |
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Jon B
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at the moment property is on a down hill slope, in most places. and it isn't going to be going up to soon. wait as long as you can to put up an offer. also you can have an realstate agent come apraise the property to get a set value on the home, and what it could be worth in the next ten years. |
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Holly
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At the moment house prices are going down so i'd hang on atleast until summer to see what happens as i am trying to sell my house at the moment and the estate agent said no-one is biting because the droppping of house prices worry. |
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kingnate
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Now the answer is now. If u invest 20000 in a 100000 home and in one year your princeable goes down 1000 and your home goes up in value 2% thats 103000 15% on your 20000 invesment, the arvrege rate is more like 6% though but you cant go rong. "BUY LAND THEY ARENT MAKEING ANY MORE OF IT" |
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