I may have found someone to buy my home, but I dont have a realtor, and dont know how to go about it by myself. What do I need to do in order to make sure all the legal stuff is in place? I want to sell it to them at a low price, so I would much rather not pay a realtor when I already found someone!
Oh, and anyone trying to ‘promote’ themselves wanting me to use their mortgage company or whatever will be marked as spam.
This is easier than it was years ago, especially if you’re in one of the states where the realtors no longer have a legal monopoly on the MLS systems.
My brother used "buy owner" I think, in San Jose, a few years back and was happy. The basic deal is they charge some kind of flat fee and give you signs, a workbook / how to guide, and depending on the service may even come out, take pics, post on various sites etc.
There’s a ton of these services out there, if it was me I’d google – here’s a sample – and start reading and comparing.
Be sure to understand the specific pro and con’s for your state, and check references.
http://www.google.com/search?hl=en&q=by+owner
I have other realtors in my office I can advertise for them, but being a realtor and the listings are the other realtor’s listings, I am not sure I can advertise the listings legally.
I’m not sure about the legality question, but it is against the Realtor Code of Ethics to advertise another agent’s listing without their permission.
Most agents I know will gladly give you permission to advertise it in place where they aren’t already advertising it. It’s just more exposure.
A real estate broker is like a car-salesman, but for homes. They live on their image and reputation. Most go to great lengths to build themselves up as much as they can.
what would be the comment on property tax increase, if you were a farm, homeowner, and realty state agent. meaning what would they say to a property tax increase.
Could you please be a little more specific? What would "who" say? …. the county? and, for what reason are you referring to the property tax increasing? It would only happen if your property were to sell at a higher amount, you had it appraised for refinancing, or you did improvements that increased your property value.
Alright, well my mom and I are thinking of moving to Palmdale but we can’t exactly afford a full priced home. So what I did was check the listings of foreclosed home. Now it says the loan balance is like 3,000 on average. Now on this page http://realestate.yahoo.com/California/Palmdale/Homes_for_sale/0dac4c81272c5cd9bcb396cce3090835;_ylt=AtW9lg8TWCjWcyS4ExQmn_LnMrQs?cc=realestate&p=Palmdale,%20CA&priceHigh=&priceLow=&nodeId=750007014&radius=&bedrooms=2&bedrooms=3&bedrooms=4&bedrooms=5&bathrooms=2.0&bathrooms=2.5&bathrooms=3.0&bathrooms=3.5&bathrooms=4.0&type=foreclosure&sortBy=price+1
it says the loan balance is $2238 but it also says the amount is $2238. So is that the price or what? Thanks in advance.
No, of course that’s not the price. What you are seeing is the amount of money which the current homeowner is in default on the loan. Assuming that this property is eventually fully foreclosed upon, the bank will offer it for sale at the current market value for the property. What they will accept to sell it may not be market value, but it will be FAR more than $2238.
I got my first period today and it’s realty heavy. I am a healthy 14 year old. I do sports everyday of the week if that helps. Please tell me how long your first period was and how long my is likely to be.
It’s different for everyone, so there is no way of predicting it. Mine was like 2 days but the first year is really irregular, uneasy to predict.
I don’t have any money for down payments, my income is low, (about 3,500 per month), my credit score is low, and I’m in the process of selling my home in a short sale. I want to create this cash flow as a means of supplement income and then eventually my main source of income. Is this doable?
You may have to wait a bit, but don’t worry, housing prices will probably drop some more.
I suggest buying a rental unit and living in it. Your tenants can pay your mortgage-or at least most of it. Research the tenant-landlord laws in your area as well as financing options and prices of multi-unit homes.
State securities regulators now confirm they’re investigating real estate entrepeneur Douglas Vaughan in connection with the backruptcy of his firm. Vaughan was arrested Thursday morning on an unrelated charge.
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ALBUQUERQUE (KRQE) One of Albuquerque’s best known realtors, Doug Vaughn, filed for bankruptcy and was arrested for driving on a revoked license.
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Feb. 26 (Bloomberg) — Bloomberg’s John Cookson reports on the decline in U.K. home ownership as higher property prices and the limited availability of mortgages curb buyers.
Andrea Catherwood also speaks.
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