 What would you do with $10,000.? |
| I've always wanted to invest in real estate. I plan on buying a foreclosure house next year for about $50,000.00, put $5,000.00 down payment and use $5,000.00 for repairs or borrow more if ... |
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 How can I purchase a home, as a first time buyer with poor credit? |
| I am looking to purchase a home for a single 25yr female. I have poor credit and do not know where to start.... |
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 Distressed Real Estate Info by City? |
| Anyone know where I can find reliable data about number of homes abandoned, in bankruptcy sale, in foreclosure, by city nationwide? I'm certain HUD has the info, but government organizations'... |
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 Can a mortgage company take a home if the homeowner died with the property solely in their name? |
| The property has a loan from the mortgage company that I pay monthly, taxes, insurance, etc.. A relative died with no will and the property has her name solely on the deed. Is my only alternative ... |
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 Can I find on the internet a homes history? I'm looking for the info on who 1st owned a home back n the 1800's |
| I want to find out who first owned/built remodled the home back in the 1800's (to 1960's) of a home in Connersville, Indiana located at 2857 west Substation road. I hope you can help.... |
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 Rental property going into foreclosure? |
| We moved into a house this past September..the owner closed in October and we just got a notice that it is going into foreclosure by the clerk of courts....although we have paid our rent on time and ... |
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 My foreclosed house is being auctioned this week, do I still have to pay the homeowner's insurance? |
| We haven't been able to live in the house now for a year. We found out it is being auctioned by the lender - doesn't that mean that it is the bank that owns it? And then we shouldn't ... |
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 My lease is up 02/28/10 and i gave 30day notice. My landlord has an ad posted stating the home is avail 02/27? |
| Can she do that? This last year was hell but i stayed throughout my lease. I gave notice which my lease states is not required unless i was month to month. My question is can she move someone in ... |
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 I recently bought a house, at age 70.? |
| One of the papers I signed a paper that said "to my assigns". How can I sign a paper that will put my children into debt without their permission?... |
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| What is the best thing you have bought at a yard/garage sale? |
| Have you bought something at a garage/yard sale that was worth money? What was it? T... |
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 Help. I am italian man.? |
How much is the rent for an apartment in the center of London?
Additional Details
I knew that cost more...... |
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 Can the mortgage insurance company (PMI) get a deficiency judgement against me for foreclosing my house? |
| My house just foreclosed and now the mortgage insurance company (not the bank) sent me a demand letter asking me to pay for the deficiency. They said they paid the bank for the deficiency and now I ... |
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 If a trailer is put on a foundation, do you still need to get a special mortgage for it? |
| And does it still depreciate in value? I'm not really concerned about id depreciating though because I don't plan on selling it any time soon if I get it.... |
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 My roommate and broke the lease and moved out 60 days ago, how long do I have to keep her stuff here? |
| My roomate and I are on a lease in an apartment in Florida till September, it was a year lease. The day when rent was due, April 1, she said shes moving out. Her stuff is still here. I want to ... |
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 Renting to Own a House? Scam or Not? |
| I have a friend and her and her husband are " renting to own a house" I think this is a stupid move legally the owner can turn his back on this agreement because for one it is not legal. <... |
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 What is the difference between condo appartment and condo co-op? |
I often saw these two names on real estate adds,Condo Appartment and Condo Co-Op.
I really don't know wich differentiates one from the other,and what is the better choice when looking to ... |
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 how exactly does "rent to own" work when trying to buy a house? |
| I am wanting to relocate to Indy and start life over. I would love to own a small house but credit is not tip top! I have been told I should look into renting to own, but I have no idea how it ... |
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 my sister died in 2005 and did not leave a will. she purchased a mobile home in her name for me i have paid al |
| my sister died in 2005. in 1995 she purchased a mobile home for me and the company has been taking my money for 12 years .after she died credit life was suppose to be on the home . i continued to pay ... |
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Mother Inferior 9 | How do I buy a house without a realtor? |
I'm in Albany, NY. My husband and I found the house of our dreams for 229k. First, what should we offer? The house has been on sale for 6 months. Is 200k alright? What do we need to know that many people buying a house for the first time do not? Have you heard about what Obama's home buyer's stimulus package entails?
Any insights would help greatly.
PS If you need more details, here's the house:
http://crmls.fnismls.com/publink/default.aspx?GUID=f055d484-bf14-4628-80b6-9eefba34e2ef&Report=Yes
Thank you VERY MUCH for your help! |
 
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Cats are going to rule the world
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why would you choose a realtor? they get 5% of the cost of the house, maybe more!
I'm also a first time home buyer. Why would anybody choose to go through a realtor if he or she did not have to? I suppose you would need some kind of lawyer to make sure the contract that you are signing is legally binding and will put the title in your name. Do you have lawyer friends? A lawyer is probably more expensive than a realtor, though, huh? I'm just curious about this question my own self. What do you? just knock on the door and ask to buy their house? How will you get the contact information to contact the owners of the house? |
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zeuz
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Why would you not use a realtor? It doesn't really cost you anything, and you're likely to get the best deal. |
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Heather V
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get a realtor. Without one you do not know the comps and how to negotiate the best deal. People without realtors always end up paying more. |
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bodhi_angel
 |
So - I hate to say this, but I agree that you should use a realtor...I bought my first home without a realtor (with the help of a lawyer, who btw, apparently knew less about real estate then I did) and whatever the difference in cost I would gladly pay it, had I to do it over again. It was a nightmare figuring everything out on my own and keeping paperwork straight. |
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capellancf
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I suggest you work with a REALTOR for several reasons:
1. Your Realtor will be able to help you determine how much you should offer for that house based on local comparable properties, condition of the house, market conditions, and any buyer incentives.
2. As a "Buyer's Broker", that Realtor's services are paid by the seller, not the buyer, unless you sign a Buyer Representative Contract that states otherwise.
3. You are a first time home buyer. Buying a house is an exciting and emotional event. If this is your "dream" house, why not allow a professional to help you get that dream house. A good Realtor will help you determine what price to offer and with what terms. Your Realtor will help facilitate the transaction and ensure your interests are protected.
4. The house you want is listed on the MLS, meaning that the Seller is being represented by a Realtor. The seller's Realtor will be looking out for the seller's best interest, wouldn't you like to be represented by your own Realtor who will be looking out for your own interest? If you chose to not have you own Realtor, then you will be represented by the Seller's Realtor as well. So you might as well have your own Realtor who will be working for you and representing you in the transaction.
5. You can hire a lawyer to write the purchase contract, but there are many other aspects of the transaction such as inspections, working with lenders, title companies, appraisals, etc. I'm not sure to what extent a lawyer will be involved in these details, but I am certain that they will be billing you for every minute of their time they spend working on your behalf. Bottom line, you will be paying your Lawyer's fees, but the Seller will be paying your Realtor's fee. Which would you prefer?
I'm a Realtor and many may think my answer is highly bias, but if I was a doctor, accountant, or factory worker, I would still suggest you work with a Realtor. I'm not advocating you pick any Realtor to represent you, ask your family and friends if they can refer you to a Realtor they have worked with and are satisfied with that Realtor's services, personality, and work ethics. I know there are some Realtors out there that have given the public a negative image of us, but great Realtors are out there as well and I hope you find one and get the house of your dreams.
If you want more general information on buying a home, you can visit my website at www.JoelCapellan.com. This information applies in California, but the basics of homebuying are there. They do differ state to state, and again, that is why you need a local Realtor to help you in your transaction to see what applies to your situation.
Good luck house hunting and I hope you do get your dream house. |
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