 There is a piece of land that was offered to us for $5000. in Malibu. Should we buy it? |
| The size is about 6000 sq ft, ( one lot). At this time it is unbuildable but has a great ocean view.... |
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 Can I move out with £900 a month? |
| my mum tells me no because it's gonna be hard moving out sinc eI only earn £900 a month. she gave me an example of one of my friend who struggled to pay rent etc. with her flat mates and moved ... |
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 Do legal occupants have rights in an apartment? |
| My roommate qualified to be on the lease but I didn't, so the landlord ask me if I wanted to be an occupant. I agreed to be an occupant not thinking at the time my roommate was nuts. After we ... |
|
 WTF is up with "nonrefundable pet deposits"?!?! |
| I'm trying to move into a new apt here in NOLA and what the hell, it seems like every place doesn't allow pets or has a nonrefundable pet deposit. That's not a deposit, that's a ... |
|
 Landlords!!!help scared |
| hi all looking for some advice , my old landlord is threatning me with court action , there was never a lease or anything , now he has been sending me threatning emails with all my details N.I ... |
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 How do you turn a second home into a primary home? |
| My husband and I sold our primary home this year, but still own another house in a different state. We are now renting in the city of our primary home, but would like our second home to be ... |
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 While I was visiting my property to collect rent, my tenants' pit bull attacked! What can I do? |
| Yesterday I had to go visit some of my rental property to collect rent, like time and time again.....the tenants left when they found out I was in town. I was surveying the property when their pit ... |
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 Why do I only see masonic lodges on the nicer neighborhoods? |
| For many years, my hobby has been to drive around in my car, and just look at the pretty houses. Friends actually enjoy me taking them on tours of the nicer neighborhoods to show them houses, I know ... |
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 Would a landlord evict over grease marks on walls |
if you intend on painting it before moving out and pay rent on time and keep the place clean others wise, would they kick you out over just grease marks on the walls?
Additional Details
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 Can we afford this loan for a home? |
| Ok, hears the deal. My husband makes about $60,000 a year and im a stay at home mom. I have no credit and he has not to good credit. His score is about 600. We want a house for about $150,000. Do you ... |
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 Is it legal for a non-family member to rent a room in your house? |
Our next door neighbors are letting non-family members rent their basement, and they have been there for about 6 months or longer now. I would like to know if it is legal or not.
Additional D... |
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 Landlord didn't pay gas and got shut off what can i do? |
i live in cicero, il and the management company didn't pay the gas and it got shut off what can i do?
Additional Details
thay agreed that they would pay the ... |
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 What happens if you leave trash in the apartment after you move? |
| I'm moving and I dont have any help. Some of the things i need thrown away are way too heavy for me to carry..What will happen if I leave it in a pile inside the apartment and put "trash&... |
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 Apartment flooded, up to 3 inches inside, can I break the lease agreement? |
My apartment just flooded. can i break the lease agreement now?
I just moved in and the apartment first had rats, then it flooded. Would I be able to break the lease agreement and move out and ... |
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 House flipping, renting duplex's? |
| Hi, I'm very interested in starting a business flipping homes, and or renting duplex type properties. I however, lack experience, and would like to get a feel for buisness. I want to take some ... |
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 What are the 10 most important things to move into your first apartment with? |
Your top 10, please....Can be anything....tv, couch, bed....etc.
Additional Details
I'm just getting some fun ideas because my boyfriend and I are saving for our first place, at 22 ... |
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 Best way to split a home sale between two brothers? |
| My sisters husband and brother-in-law share deed/mortage on a home which also includes a upstairs apartment. The brother feels the income should go to him instead splitting for home repairs and ... |
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 My credit absolutly sucks, what can I do to get us a home.? |
| The only thing we dream of is having a home of our own and our previous financial mistakes are coming back to haunt us. We dont see any light at the end of the tunnel. What should we do?... |
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 Real Estate Question please help? |
1. If the Plano municipal court rules that a local builder did not properly follow the Plano Building Code, this decision would establish a precedent for similar disputes arising in Frisco.
True ... |
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 Is it wrong to make an offer on the first house we looked at? |
| We want to make an offer on the first house we walked through. We saw one after that but did not like. We have been looking at houses on the internet for months but just got the cash to buy one. I ... |
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Rob H | When do you think the real estate market will rebound? |
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Mike
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In many areas of the country houses were over built. There is a large inventory of homes that needs to be absorbed before the market will rebound.
In many areas of the country that could take a few years.
In some areas of the country the market is still quite active.
For example in Cupertino California where I own a number of rental houses the market is still very active. Houses are sold quite readily at prices higher than recent comparable sales.
I think that one of the reasons for that is that the employers in the Cupertino area are doing quite well financially and are bringing in employees from other parts of the country.
This creates demand for houses. Also Cupertino was built out many years ago so there is no excess inventory. Another factor is that Cupertino schools are very highly rated. That also creates a substantial demand for houses.
The Central Valley of California in particular appears to be overbuilt for the amount of people looking to buy houses. The prices in the Central Valley are depressed and will stay that way until the excess inventory is absorbed.
That is true for many other parts of the country. |
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Charles
 |
When the gap between the cost of a mortgage and the cost of rent closes to a reasonable margin. This will occur as rents rise and as properties depreciate.
There are plenty of places in the country where the real estate market never tanked, and won't. There are places where it's dropped dramatically and will continue doing so for years (perhaps until 2011).
The answer? It depends on where you are. |
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Free and equal
 |
It will rebound when one can buy a decent house in a good neighbourhood for 3 times average salary. This might be in 3 or so years after a large devaluation of the pound and dollar (due to cutting interest rates) and then with the devalued currencies jobs will be more competitive so once again the economy will be on a firm footing. Do you remember 2001, then house prices rose due to lower interst rates, now they are so high even low interest rates will only enable people to pay interest not to finance another boom. So the currencies must devalue then US and UK houses will becompetitively priced again vis a vis the rest of the world. |
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mik_19_jo
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Only if Saudi's stopped inveting in US Banks... |
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Tim
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Hopefully by Jan 2009. I want to sell my house in the beginning of that year. |
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Griffin
 |
I don't think that it will rebound until late 2008, but even then it will be a gradual rebound.
One of the reasons that the real estate market was so hot, was that credit was being given to people that really could afford to make the payments, ie. more houses were being sold than should have been. Banks will begin to offer credit again, but they will very likely be seeking people who are more solvent. |
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LifesAMystery
 |
Depends on the area...
I think Seattle and surrounding areas will rebound Spring of 2008.
In this area, only homes over $400k were really impacted by the slow market. Right now, the holidays are keeping the market slow, but once the sun returns and people are no longer hesitant to buy, there will be great bargains out there this spring.
There are several homes in the area we're looking in that have been on the market for 6m or more and HAVE to sell. We're planning on starting an earnest search in February.
Luckily for us, we own a home that's still considered a first time home buyer home and hopefully it'll sell easily consider the upgrades we've made. |
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Terry S
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Real estate top/bottoms every 17 years.
From 1988-2000 (12 years)real estate went up 2-3% ANNUALIZED
From 2000-2005 real estate doubled.
From the top of 2005 add 12 years for a 1-2% ANNUALIZED RETURN.
From 2017-2022 it will most likely double again.
You have a long wait. |
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Brigadier Bombdropper
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Given the current state of the economy-I'd say somewhere around 5000AD. |
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