 I'm looking for a mortgage as a first time home buyer just north of Boston, MA. Who should I go with? |
| I'm planning on moving to Wilmington, MA, and am just looking for a good rate on a 30 year fixed mortgage. Does anyone have any suggestions as to who I should go with? Do I have a better ... |
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 Question from a First time buyer |
| I've not bought a house yet but me and a friend of mine are possibly thinking buying a somewhere to live (i dont think anything will happen yet), what id like to know if theres something that me ... |
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| I went to check out a studio, and after that I agreed to take it. So I gave the landlord $500 for deposit. She told me to give the rest of the money and plus the first month rent as soon as I can (O... |
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| We have had realtors who refuse to give us a business card, or shake hands. They dont like being questioned about what they are doing, like is it a preview or showing. They call for an appointment ... |
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| My boyfriend and I's lease is up in two months, we've been looking for apartments and found one we both really like but the more I think about it I have worse feelings about it. Their Phase ... |
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 Can I get back a deposit on rental I've decided I don't want? |
I paid a $600 deposit on a rental property that on closer inspection have decided I don't want. I never signed an official lease so am I entitiled to get the money back?
On another ... |
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 The landlord want more deposit of my pet that he clains he had no knowlege of but when we came to see the? |
| place we tald him we had 4 pets he said that was fine but after 2 yrs he wants more deposit can he do ... |
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 Is my landord trying to con me? |
| i got a flat am moving into, he has on the lease that we moved in onthe 14/12/07, even though we have not, its now the 18th and we still dont have the keys, we have to sign the lease and give it back ... |
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 I interviewed a realtor and he put his sign post in front of my house before I decided to hire him. Comments? |
| A realtor I interviewed put his sign post in the yard this morning without my permission. I interviewed him yesterday. I didn't have a contract with him. I had actually decided not to hire him. ... |
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 What is your opinion? |
| I live an hour and a half away from work and have to commute every day (Monday - Friday). It puts a lot of miles and wear and tear on my car, not to mention costs a lot, and takes a lot of time and ... |
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 Rent and deposit please help |
| if i pay rent in advance and deposit when i move into my flat and at the end of my term have paid all my rent should i not get my deposit and the rent back?... |
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| i paid everything off on my credit i been saving my money and now im tring to get this house. please ... |
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 Whats the best way to walk away from my house? |
| Okay the market fell and I find myself paying way to much for something that is no longer worth the investment. I've put $35,000 in upgrades into a house that I bought for $305,000 and is now ... |
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 Problem with landlords? |
| I'm currently renting a small apartment with my fiancee. We've been there 10 months and have not had a good experience with the management company that owns the property, plus they've ... |
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cocoacure83 | Will the housing market pick up before the end of the year? |
I live in North Florida and homes are not selling. There are four homes for sale on my sister's street alone. I'm curently saving for a home and will be ready to buy later this year (November). Will it still be a seller's market or will the market pick back up? Thanks for your help |
 |
 
godged
 |
What a great time to buy November is, especially vacant homes. I preface that by saying vacant homes because, typically, no one wants to move during the holidays, and if you made an offer in November, the closing would be in December. If you are going to make an offer on an occupied house, I'd suggest setting the closing out until after the first of the year to give yourself more leverage.
On a vacant house, the gloves are off. You can make an offer because, typically, January and February are slow RE months. Most sellers will jump at an offer rather than sitting on the property for 4-5 more months.
OK, off my soapbox, back to the question. I believe Florida will still be a buyer's market until well after the election, I see spring of 2009 starting to show a turn around.
Best of luck to you. |
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Injun
|
Florida is and will be on the downward swing and stay a buyers market for the next couple of years.Some realtors in florida are trying to sell properties at a inflated price at this time saying the trend will be a shallow drop.Not true at all!
This is the time for a person to buy very low and yes it is sad to do this at someones expence but this is life. |
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jasonm
|
The market has shifted and it is totally a buyer's market. Until current inventory is sold (and that timeframe is relative to the area you are in) it could be up to 2 years or more before it becomes a sellers market again. It was a great sellers market for 5 years. Naturally it swings to a buyers market for a while now... |
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Tres7
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It is a buyer's market in most areas right now. The buyer's market will probably last between 2-3 years and then will go back the normal appreciation (seller's market). Real Estate markets are independent in nature and it is hard to estimate what will happen in every market. For anyone to say for sure what will happen is crazy because there are so many variables with any economic factors in any market...ie: jobs, growth in population just to mention a couple. I woud recommend watching your market closely as you approach buying a home, find a Realtor and a lender you can trust and communicate with you. Good luck with your home purchase. |
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Beyounce
 |
Yes. Especially in Florida they were number 2 and 3 until
it hit California. Michigan has been #1 for almost 2 years.
This market is so bad for sellers, but good for buyers.
It's going to be at least another 2 years, before we see
any stability in the Market.
Buy a couple of houses. Dirt cheap. Help out the economy. |
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pawler deeeen
 |
http://abcnews.go.com/GMA/MellodyHobson/story?id=4186872
check out this story that was on "Good Morning America" about the state of the industry and when to buy..... |
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arch0049
 |
The WORST TIME TO BUY A HOUSE IS IN THE SPRING. That is the best time to sell.
Most large mortgage companies and many financial analysts expect the mortgage mess to last another 12-16 months. Further, they expect prices to fall another 10-15 percent on average.
But, the most important thing about real estate is LOCATION LOCATION LOCATION. The national picture and a local market can be heading in two completely opposite directions.
If you are looking into a certain market, the most important thing right now is the job market. If you have secure employment and are looking into purchasing where jobs are scarce, you could find a great deal. |
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Ross
 |
During spring and summer it should pick up a little but maybe not enough to have a real impact on the market. |
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saeed q
|
We still haven't hit the "bottom" yet as far as home prices are concerned, and according to a Merrill Lynch report (http://money.cnn.com/2008/01/23/real_estate/merrill_forecast/?postversion=2008012317 ), home prices will drop another 15 percent this year, and declines will continue in 2009. The unknown is just how serious (http://money.cnn.com/2008/01/23/news/economy/how_bad/index.htm?section=money_mostpopular ) will the upcoming recession be? The FED is in full battle now in fighting against a monstrous deflationary force caused from the collapse of the housing bubble.
Should I buy yet? It really depends on your area. Real estate is local to a greater extent, just make sure you get a good deal, and by that I mean a very good deal. If you can negotiate a good price and intend to live there, I'm guessing you should be okay (yes, i did say guessing). Mortgage rates are at a 2 year low and expected to come down even further. This will make a difference and will bring in a lot of people who were on the sidelines back into the market. Okay, I'm starting to sound like a Realtor(TM) now. Simply put, I don't believe you should put your life on hold waiting for the absolute bottom and in some areas it may not turn out as you expect.
Be sure to do your homework and figure out what a property would rent for and compare that to what your monthly mortgage payments would be. Here's a calculator from the New York Times (http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html ).
Make sure to price out your loan with your LOCAL banks and mortgage brokers only.
A lot people giving advice on here are also looking to give you a loan (its not advice, its advertising), if they are not local to you and you can’t get to them within 1 hour don’t fall for it. They say they are licensed in all 50 states, what does that mean? Which state do you have to look in first if something goes wrong? KEEP IT LOCAL; DON'T GET RIPPED-OFF BY SOMEONE IN WHO KNOWS WHERE WHICH YOU WOULD HAVE NO DIRECT ACCESS TO.
Remember Buddha's advice:
"Believe nothing, no matter where you read it or who has said it, not even if I have said it, unless it agrees with your own reason and your own common sense." You are the only "expert" you can trust: All brokers, and every other loan officer guru giving advice here with a .com or contact me at the end is "selling" you something (its not advice, its advertising). Don't buy "it." |
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fdm215
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I don't think the housing market will rebound before the year's end. We're headed into a buyers market. Homes are staying on the market for many more weeks these days...that puts the buyer in the driver's seat. |
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Denise W
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i've heard that the best time to buy a house is in the springtime..my guess is that itll stay the same. |
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Nata
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You should wait a minimum of one year more before you buy. Don't rush it now. The prices for houses are going to fall more. For example, if the average price for a house is $150,000 by the end of the year it can be $120,000. So if you wait you'll save yourself some money. Those who are patient will be the winners at the end. |
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Ray M
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Trade deficits and the wars in the Middle East will completely bankrupt America. Then the North American Union will be formed. You're worried about the housing market???
I'm planning to sell my house and was told by a local real estate agent that houses in the area are selling well. How much truth there is to this, I don't know. There are a few new houses that have sprouted up around my block. Looks like some of them have occupants now. Some may attempt to forecast the future housing market, but no one really knows.
"Se habla espanol, ehh?" |
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