 Is it a good time to purchase a home? |
| I'm 24 years old, single, and no children. I am looking to purchase because I am tired of being in an apartment. Should I wait till the market gets better or is now a good time since it is a ... |
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 Does anyone have any unique closing gift ideas for realtors? |
Looking for ideas $25 and under
Additional Details
I am referring to giving a closing gift to my ... |
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 Tenancy agreement ?what does this mean to you? |
I have just recieved a bill for water rates but from what I understood in my tenacy agreement my landlord is liable,what does this section mean to you:-
Additional rent in respect of ... |
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 Contract was sign to sell our house. Photos were taken. After 1 week, it is not in the market. Please advice.? |
| It was signed August 7, 2007. By August 14, we tried to call the estate agents 3 times and they said, they will send somebody. Then, they called and sent a couple to view the house (Mr. & Mrs. R... |
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 Can i refuse to take work home with me? |
| if i work a 30hour week7.00am-13.00pm (contracted) can work get me to be on standby (this means taking a mobile home and work from home)from 6-11pm this means 11hours and then i still have to go to ... |
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 Should i have the home I'm purchasing inspected before I make my first offer? |
| I'm buying a new home and need to know if I should have it appraised before I make my first offer.... |
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 If a dead tree falls over from the property next door, are they liable? |
| Ok so I am a college student subleasing a room in a house for the summer from a company. There is a parking lot behind the houses which all the tenants use. There is an adjacent property next door ... |
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 If you rent...........? |
what is the rent on your home? how many bedrooms and what area do you live in?? do you think its to much or cheap?
Additional Details
i live in a 3 bed cottage (south england) £600 per ... |
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 What does it mean when the company that you pay your home mortgage files for bankruptcy? |
| I pay my home mortgage to American Home Mortgage and I just saw online today that they are filing for bankruptcy.... |
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 Where would you move to? |
| Im considering moving to these areas but cant decide, San Diego CA, San Antonio TX, Fort Lauderdale FL, or Scottsdale AZ?? I eveantually want to by a house.... |
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 My wife and i have been looking at a home (asking price 155000)? |
| this house has been on the market for145 days . we put in an offer at 145000 because most of the other homes in area sold for less the seller counterofferd back 153000 . can someone tell me what'... |
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| Is it against the law for the rental office to place an exposed late notice on your door? |
| Someone saw my late notice for rent and said that the late notice must be inside an envelope or at least presented in a way that is discreet and not so easy for anyone to read. Please advise.... |
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 If I give a landlord a deposit to hold an apartment and decide 8 days later not to take it, can she keep money |
| My brother gave a landlord a $200. deposit to hold an apartment and 8 days later after the landlord dragged her feet doing a background check and credit check, I found another apt. She now says that ... |
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 Under what circumstances can a landlord change the terms on the lease? |
| My landlord stopped by earlier this week to let us know that the "owner drove by this weekend and was disappointed with the yard"---uhh, well yeah! It's a total mess of weeds and it�... |
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 Can she kick this lady out - they never signed anything? |
| My best friend posted an ad on Craigslist searching for a roommate. The deal was 1/2 hourse share for $550 a month. Well, things have gotten pretty bad lately. She's only lived there for a ... |
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 Is it possible to find a decent home for 150,000? |
I live in the Twin Cities and would be looking at surrounding areas.
I would prefer 3 bed 2 bath but will take 2 bed 1 bath if I can add to it a den and another bathroom.
Also, ... |
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 Can I transfer title in my sons name without spending on refinancing? |
| We wanted to buy the house in our son's name, but since he did not have enough credit history in USA, we applied for the loan in my and my wife's name. So the house is obviously in my and ... |
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jasonex | When someone likes a house, how long does it take to make an offer? |
My brother had an open house yesterday and one person seems so very interested and even the agent thought he would get an offer today, but he's worried he has not heard anything. He has a new job out of state and needs to sell. House is priced right and in mint condition. Any RE agents out there that can give some insight? |
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Paul in San Diego
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I'm not an agent. But, I have spent a lot of time on the other side of the transaction equation (a potential buyer).
If the buyer has an agent, that agent can get in contact with the seller's agent to find out if there are any offers on the property yet. If so, the buyer may be more inclined to make an immediate offer, so he doesn't get aced out by the first offer. If there are no offers on that property yet, the buyer is probably looking around to see what else is available for that price before making an offer.
Also, even though someone might be at an open house and be all ga-ga about the property, it could be that they're actually not serious about buying yet, if at all (looky-loos who like to talk the talk).
Any time I've ever seen a property that I liked and was serious about purchasing, I sent in an offer that day or the next. I've also seen a lot of properties that looked very attractive and expressed that to the selling agent, only to see another one later that day that looked better.
Your brother should not get his hopes up too high about a potential buyer until the offer sheet comes across the table. Just like buyers shouldn't get their hopes up too high when submitting an offer until it gets accepted. Otherwise you'll drive yourself crazy on an emotional roller coaster of excitement and disappointment, either as a buyer or a seller. And, I'm kind of surprised your brother's agent didn't take that approach to this potential buyer. |
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acermill
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Many 'interested people' never write an offer. While they may seem very interested, they are still looking, and another house may have taken their fancy over what they previously viewed.
Tell your brother to take a chill pill until he gets something in writing. THAT indicates interest. |
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Kooky Monster
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Just because someone says they are interested in the house doesn't always equate to them making an offer. Sometimes buyers will seem interested and will put your home on their list of homes but decide on something better especially with the amount of homes for sale nowadays. Many times people will go to an open house just to be a "looky lou". If the person really wanted the home he would have had an offer within one day. Keep in mind, some of these people that come to open homes try to get a feel on how desperate the owner is to sell so they can low ball them. Often times, investors are looking to make a quick buck off an unsuspecting person. |
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ClarkWorld
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It could take a while. Sometimes the buyer is waiting till he sees some other houses or he could be waiting to get pre-approved for his mortgage before he makes and offer. He could just be busy.
I know when I put my offer in on a house recently it was almost a week after we saw the house. |
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more slack
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It depends where they are in their looking process and how pressured they are to move themselves.
There's a lot of inventory out there so buyers can afford to take their time. If they're early in the process it could take several days to a week, or never if they find a home they like better. If they're at the end they could offer quickly.
In the meantime your brother needs to keep showing his home. He may get lucky and snare another interested buyer, in which case this could be incentive for this "potential" buyer to move on their offer.
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kristy M
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I have seen people take a week to decide to buy or not....and look at it 3 or 4 more times. buying a home is a BIG deal and some people may be reluctant to buy quickly in todays market.....patience is a virtue...they will also check on insurance, prop taxes , the area economy , schools and all that stuff not to mention they need to make sure financing in place. Good luck |
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Alterfemego
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This is what baffels my husband and I every day in this business. We have found that a lot of folks like to "think about it' for a while. Don't ask me why, makes no sense to me. If the property fits all thier needs and wants, then what is there to think about? We don't get it either. But chances are if you don't hear within 36 hours you aren't going to hear anything. And this also relates to getting any feedback about your property from either the agent or the buyers. Go figure! |
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Bubbles
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Insight to the mind of a mad man.... God only knows.... I had people ask me 100 question, 1 lady demand I leave my curtains... another my rugs- none of which even bid on the home after fighting with me about the price and what I would leave in the home. I even had people offer me money for things in the home- like I was having a yardsale.....
Then I had a very quite man look at the home in the early morning and to my surprise- he didn't say a word to me, not a peep and bid on the house.
You just NEVER know. |
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D. S
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An offer itself takes less than an hour to write up. You brother's broker should contact the other party and get some feedback and invite them to make an offer. This can give him an idea of when or if an offer is forthcoming. Cheers! |
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boilerette72
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Since there's no sense of urgency on the buyer's part right now it could take a couple weeks or not at all. |
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Weimaraner Mom
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Sometimes it can take a couple of days sometimes it's right away. Just because a person seemed interested doesn't mean they'll make an offer. It also depends on the market, if it's a buyers market then he's got a lot to choose from so it might be a while, if it's a sellers market then it could be very quick because he might be competing against multiple offers like when I sold my condo. If the market is saturated right now with homes for sale, it doesn't matter how well priced his house is or how good of a condition, sometimes they just don't move. |
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L.K. Duh
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When a man likes a woman, how long does it take to make an offer? He might shop around a little. He might fool around a little. He might see what upgrades he can get. He might try to sweeten the deal.
House buying is a lot like that. During the open house people traipse through and some show a lot of emotion, much more than they truly feel. And, in desperation, the other party takes that first blush to be something more than a temporary hormonal imbalance.
There is a lot of competition out there. Did your brother's place put on a small black dress for the showing, or was it wearing a house coat? |
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