 Is going into foreclosure as bad as bankruptcy? |
| We are considering going into foreclosure as a last end resort, however we don't want to kill our credit scores forever, so I wonder can anyone tell me,Is going into foreclosure as bad as ... |
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 What is the best way to find properties in foreclosure? |
Is there an online searchable database?
How do you find the properties that you can buy directly from the bank?
And, when you find something you want, how do you make sure that ... |
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 What does market value exactly mean on a house? |
I want to know what my home is worth. And to get an idea of what it can sell for.
But a website told me what my house is on market value. Is this anywhere close? Becuase to me the price ... |
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 Mortgage Calculators? |
These always come up with a figure way too low for the house we think we can afford
Anybody know the best way to work out what we can borrow
Obviously go to the bank but we wanted a ... |
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 First time buyer...What are steps in putting in an offer? |
My husband and I found a great little house in Ohio. We want to put in an offer but I'm a little weary of the steps...
I know to put it contingent on a termite and house inspection, ... |
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 Can you use a fax machine to fax real estate contracts? |
About to buy a home. The sellers have moved out of state. Our agen is a duel agant. Can he legally use the fax machine to fax signed agreements? I always thought you needed originals.
A... |
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 Do I have the right to tell the Apartment Mgr/maintenance personnel to take their shoes off before entering? |
| I mostly ask my close family, friends or relatives to take their shoes off before entering my home because on the inside it's carpet and you know how carpet can get dirty pretty fast especially ... |
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 House on market, making it more attractive. . .? |
| We are putting our house on the market and I was wanting some tips on how to sell it faster, like anything to fix it up or something?... |
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 Selling my house "by owner" and not through a realtor: how does closing work? |
I have never been in this situation before.
I was going to go through a realtor but then I located a highly interested private buyer. He wants to buy my property contingent on the sale of ... |
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 Rent increase not worth it.? |
| My lease just expired, and I received a notice to go into the office and, renew my lease. if I stay on a month too month basis I will be charged to going rate.My problem is that I have lived there ... |
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 What are all the things that can happen if i break a lease that still has a year left and currently and behind? |
| ive been layed off my husbands hours have been cut we can not afford this house anymore we have to move are financial state is not hte same as it was when we first move in if we leave what can happen ... |
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 I am selling my home and have a question on paying the buyer closing costs? |
| The market is horrific right now so as a small bonus I decided to pay HALF of the buyer's closing costs and I've already knocked off $25,000 for the buyer. I really think the buyer is ... |
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 How difficult is it to flip a house??? |
| My husband and I are considering purchasing fixer-upper homes, and reselling them to make a profit. However, we have no experience in doing so. I was wondering if anybody has any experience in doing ... |
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 Can a real estate agent take earnest money if your loan fell through? |
| My sister was trying to purchase a home. With the recent changes in credit scores, her loan didn't go through. Now the real estate agent has been telling her she has to sign a release of the ... |
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 (UK only) Have you slipped into negative equity yet? |
| It seems house prices are starting to tumdle in some ... |
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 I moved into my apt. 1 month ago. I haven't broken the lease, but my landlord is evicting me. What can I do? |
| In the lease it says my fiance and I can have no more than 4 kids everyother weekend. We have a total of 6. We had 4 of them over this weekend and the landlord came to our door telling us we have 2 ... |
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Daisy | When is the best time to buy a house? |
I live in Los Angeles and I want to buy a house, but it seems like the house prices are dropping. Is it best to buy a house when the prices are rising or lowering? |
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glenn
|
Everybody buys when the stock market is high and sells when the stock market is low. It is stupid but that is human nature. When the market is going higher every day people are excited and buy. When it is going lower every day people are depressed and don't buy but actually sell.
This happens in Real Estate also. If your local market is slow right now then you should be able to buy a great house at a great price and still get good interest rates! If you wait and the prices start back up that will excite the sellers and they will be much harder to negotiate with. The interest rates may also be higher and that will drastically increase your cost of ownership.
So I vote that you get out their and see if you can find a house your really like and a price you think is good-if so then buy now! |
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flamingojohn
 |
It is always better to buy the home when prices are down. Think of it like the stock market- buy low- sell high. |
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introversive_guy
|
It is best to buy after prices have finished lowering, but before they start rising again. |
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godged
 |
It is an interesting situation right now. It is a buyer's market, interest rates are favorable and there is a ton of inventory available to potential buyers.
It is best to buy when prices have bottomed out and are just starting to rebound. |
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Missy
 |
Hello,
I'm a Realtor out here in California and although prices have dropped a bit, in my opinion, it's always better to purchase when it's a buyer's market such as today. You can get a great deal on a house or piece of land and probably won't have to compete with any other buyers for it. Sellers right now are also more flexible not only in price, but may even go for paying your closing costs or giving an allowance for repairs. For the most part, everything is negotiable right now and there are some awesome properties out there!
Check out my website at www.pinemountainclub.com for full-time or vacation homes. Only 90 min. from downtown L.A. and you can get twice the home for half the price! |
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Willems_grandpa
|
NOW.
She that hesitates, losses.
Call your agent today. |
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LittleMomma
 |
Flamingojohn is correct. The market fluctuates, so if you buy when prices are down, you'll reap the benefits later when your appraised values goes up, especially if you decide to sell your property. |
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Anthony
|
When prices are dropping, it's hard to determine exactly when the prices will start going the other way. As long as you plan on holding on to it for a while, you can buy while the market is going down.
A better solution is to find a property seller that needs to sell and has some equity. If the home is vacant that is a sign that they could be making two mortgage payments and may be willing to make a deal to get the second mortgage off thier hands. |
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Salty but Sweet
|
The best time to buy a house is in the winter months. October, November, December when prices are at their lowest. No one wants to buy a house when prices are rising but that is usually what ends up happening.
The forecast for home sales in Nevada say that prices will continue to drop through the 1st quarter of 2008. Cali can't be that different. So don't rush out and buy the first house you see, and always make you first offer less then the list price |
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