Check frequently asked questions about real estate agent, architect, designer, custom home builder, Homesearch, Home Search, Online Homesearch
Resolved Question: Value of the Real Estate Industry?
What is the value of this industry? the marketshare companies have in this industry? If anyone knowns whats the worth of the industry worldwide and is it growing? Also I would like to know the value of the industry in the UK market. I found something on wikipedia that the value of it is $115trillion. $48trillion of it is residential property which is what I need. But i don't know if that figure is of just the US market or the world. http://en.wikipedia.org/wiki/Real_estate
6 May 2008, 2:06 pm | click here for answers
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Open Question: Religion in Real Estate Company: Boss Sending out Notices with Religious Phrases?
My boss has a tendency of sending out letters to our owners/tenants that include asking them to pray for him or others, and or religious quotes on holidays to our clients. Is this Legal ? We are a real estate company (residential rentals). It offends me, I have told him plenty of times that this may offend others but he keeps ignoring me. Is there anywhere I can find laws that protect not just employees but clients as well ?
14 May 2008, 12:48 pm | click here for answers
Voting Question: What is the real estate market trend in the San Francisco Bay Area for the next two years?
Single Family Residential home built in the 1950's, situated on 5 acres in Saratoga, CA 95070
25 Feb 2008, 2:01 pm | click here for answers
Resolved Question: Source for local investor requirements for real estate?
I am working on a project for school where i have to compile local investor expectations for the Memphis, TN area real estate market in residential, single family housing. I need both a debt (lender) and equity (borrower) investors perspectives. Does anyone know of any websites or publishings where this would be listed? I have already tried doing several web searches using keywords like "real estate investor expectations" "memphis housing data", etc
7 Apr 2008, 12:41 pm | click here for answers
Voting Question: who does real estate simultaneously closing nationwide?
I need someone that does simo closing for residential and commercial in every 50 states.
9 Mar 2008, 3:47 pm | click here for answers
Voting Question: Original Booking Vatika Gurgaon 21 India Next in Gurgaon?
I am looking to invest in Vatika Property - India Next Gurgaon 21 is located within Vatika India Next township. �India Next� is a tribute to a Resurgent India. While meeting the gift aspirations of the Modern World Savvy Indian, it will be a future ready Integrated Township; one which applies the best global practices in planning and execution. �India Next� shall comprise of housing options in varied forms, hubs of business and commerce backed by truly world-class social amenities and infrastructure. �India Next� one of the largest and most ambitious Integrated Township projects of it�s nice to have been undertaken in the NCR will be located at Sectors 82, 82A, 83 & 85 on N.H-8, Gurgaon.(in the new Residential Zone earmarked in Master Plan 2021 of Gurgaon) . The project is within a 20 minutes driving distance from the IGI Airport and shall be spread over aprox 600 acres of prime land. Vatika Group started as a real estate development company and is today a multi-tiered organizatio
25 Mar 2008, 5:58 am | click here for answers
Resolved Question: want to work in the construction/housing/ real estate industry???
i know i want to do something in construction. i thought about project manager or contractor but i am not sure that is really what i am looking for . Who decides what nice flooring goes into to projects or what shade/type of hardwood floor. or nice of molding. or should we put in a skylight or would adding a porch look goood. i can look at a home and arrive up with every kinds of things to add or take away to make it beautiful and i adore planning estates. i know i want to work with residential projects. but what area should i focus my energies. is it architecture, interior design, contracting. or just generally property develope. please help!!
25 Apr 2008, 9:45 pm | click here for answers
Resolved Question: To those who don't believe we are experiencing a recession? Why is this?
I form non bias opinion on answers. I will provide evidence on why we are in a recession. If you don't agree then that is you're possess decision and it is respected by me. However I will challenge you to look what parts of this info is not seen in the market...and why it cannot be defined as a recession. THIS IS LONG BUT IT PROVIDES REASON FOR WHY IT IS A RECESSION: The public was addressed by the secretary of state three weeks ago with the state of our economy. It was concluded there was a sign of recession on way. However, many believe this started in November as did the subrime lending create decrease in mortgage lending. I am one of those people. I don't believe that subrime lending was the only cause. So since subrime lending fiasco started two consecutive periods ago....this indeed has led to a economic fall. GDP is important...and I have seen it fall also...but it has not reached two consecutive periods...but it will, no doubt. (that is my possess opinion) Note that the GDP-growth (real seasonally adjusted annual rate) for the last quarter of 2007 was 0.6[31] as revised on February 28, 2008. It was 2.2 for every of 2007. Nouriel Roubini has outlined a harsh 12-step scenario.[32] U.S. home prices will fall between 20% and 30% from their peak. NYTimes chart ALSO TODAY IT WAS ANNOUNCED THEY HAVE FALLEN 60% Losses to the financial system from the subprime disaster, as high as $300 billion, are now spreading to close-prime and prime mortgages. The recession will guide to a sharp increase in defaults on other forms of unsecured consumer debt. Monoline insurance companies will take losses on their insurance of residential mortgage-backed securities, collateralized debt obligations and other asset-backed securities products, which are much higher than the $10 billion-to-$15 billion rescue package that regulators are trying to arrange. The commercial real estate loan market will soon enter into a meltdown similar to the subprime one. Some big regional or even national banks that are very exposed to mortgages, residential and commercial, may go bankrupt. Bear Stearns Companies, Inc. collapsed on March 16, 2008, and was bought out by JP Morgan Chase. Banks' losses will grow as a result of hundreds of billions of dollars of leveraged loans on their balance sheets at values well below par, currently about 90 cents on the dollar. Once a severe recession starts, a massive wave of corporate defaults will take place. Typically U.S. corporate default rates are about 3.8% (1971-2007); in 2006 and 2007 this figure was a rather low 0.6%. And in a typical U.S. recession such default rates surge over 10%. The “shadow banking system” (as defined by Pimco, it is composed by non-bank financial institutions that borrow short and in liquid forms and lend or invest long in more illiquid assets), will soon receive into serious trouble. Stock markets in the U.S. and overseas will start pricing in a severe U.S. recession and a sharp global economic slowdown. The credit crunch that is affecting most credit markets and credit derivative markets will guide to a drying up of liquidity in several financial markets, including otherwise very liquid derivatives markets. A vicious cycle of losses, capital reduction, credit contraction, forced liquidation of assets at below fundamental prices will ensue, leading to further credit contraction I agree. One "economist" proceeded to call me every name in the book and told me i don't understand propensity. This is nothing but coin-tossing guestimations.
16 Apr 2008, 3:50 pm | click here for answers
Resolved Question: What does "cash offers - no ctg only" mean in a residential real estate listing?
Anyone know?
17 Apr 2008, 9:35 am | click here for answers
Resolved Question: Is the increasing cost of gas causing the Urban residential real estate values to climb, or will it?
14 May 2008, 12:09 pm | click here for answers
Resolved Question: Need help coming up with a business name....Does anyone have creative ideas?
I'm opening my possess real estate office and I need help with a professional, yet creative, witty, and catchy name. Anyone have any ideas? (The business will involve representing clients buying and selling real estate to include residential, commercial and land. Also will offer consulting. I do not want "realty" in the name. I don't know what it is, but I just do not like it. To me it sounds so generic for some reason. lol Something that might help is I'm located in western Texas. Thank you!!
15 Mar 2008, 11:29 am | click here for answers
Resolved Question: My Real Estate Empire?
I'm a 18-year-old high school senior and I want to be a real estate developer, developing urban hotel and residential properties. Is a combination hotel (not a hotel-condo, but just a traditional hotel that I operate and have 100% ownership in) and residential condominium tower a good idea? Or should it be one or the other?
3 Mar 2008, 6:42 pm | click here for answers
Resolved Question: Contractor Question for Real Estate?
I have found a bank-owned home in Ohio. The bank just clip their price in half from $100,000 to $50,000 after a few heavy rains. The home needs new windows, has many leaks, and the roof needs replacement. What nice of contractor do I need? Residential? General? Should I ask the contractor to arrive with me to the home to give me an estimate? Thank you in advance for your answers
5 May 2008, 10:27 pm | click here for answers
Resolved Question: What is a fair percentage for a referral bonus in residential real estate?
How much do you give someone who refers a buyer to you?
18 Apr 2008, 10:37 am | click here for answers
Resolved Question: How are residential properties appraised in Saudi Arabia?
In the US, there are appraisal companies, independent real estate appraisers, and banks who have real estate appraisers as part of their staff. The most common method of appraisal (for residential properties) is the sales comparison approach in which the value of the home is calculated by looking at the sales of nearby comparable homes and adjusting for extras and market changes etc. Here, sales records and other information is public record and easily found online for free. THere are also MLS records and other pay resources with more detailed information. How is this process done in Saudi Arabia? Is it totally different? Are sales records public? Are there real estate appraisers or do real estate agents act as appraisers? I am mainly interested in residential non-income generating, already built residential properties.
10 Apr 2008, 3:18 pm | click here for answers
Open Question: Should residential tenants require a non-disturbance agreement from their landlords?
Hi. I'm going to rent a property in the next few months that I intend to live in for 2+ years. I have heard horror stories of tenants evicted because their landlords defaulted resulting in forclosure. I know that this is common in commercial real estate, but is this becoming common in residential leases as well? Thanks, Amy
20 Apr 2008, 3:09 pm | click here for answers
Resolved Question: Do you know anyone who makes more than the president?
He makes $400,000.00 a year. I know a man who is a Residential Real Estate Investor and he makes about 445,000 a year! I barely make 1/3 of that! How about you? I didn't say a generality of other people, but someone you KNOW/ have met.
24 Apr 2008, 2:16 am | click here for answers
Resolved Question: Why don't residential real estate "investors" want to take any losses and complain to the gov't for a bailout?
These past couple of years, every I've heard from people is that residential real estate was a great investment. Well whenever I've made an investment, it's been in options and stocks, and I've always excepted the fact that I can lose my money. After every isn't that the risk in any investment? Even US Treausry bonds carry a risk (that the gov't will fail). If investments always carry a risk, they why are these real estate investors whining to the gov't to bail them out the minute their values go down? The gov't is not going to give me the money I lost on options. Should we cease refering to residential real estate as an investment?
7 Apr 2008, 6:56 pm | click here for answers
Resolved Question: Residential real estate negotiation and purchase elements - how to capitalize / optimize in a buyer's market
These questions were developed from Y-Answers content. In particular, this set of questions is derived from items excerpted from one of "Myron's" postings. CONTEXT: residential property purchase prospecting, market awareness, negotiations and offers * * What are the elements of a well-structured offer? What are the basic/essential elements of proper offer presentation? What offer/presentation elements build value to a seller? What/who is a pre-approved strong buying candidate? How are list prices (typically) flawed? How does [an agent] prepare a comparative market analysis to support an offer?
26 Mar 2008, 7:24 pm | click here for answers
Resolved Question: Q about tax laws applicable to a Limited Partnership?
Situation: I am a partner in a tiny LP that invests in residential real estate. I record the miles I steer to visit potential properties with our realtor, and I do not receive reembursed for that personal expense from the partnership, but it is technically a "non-cash" business expense. Because it is a "non-cash" business expense, can I still deduct it from our partnerships net income for tax purposes? We are using a cash basis for accounting. Thanks!
31 Mar 2008, 3:36 pm | click here for answers
Voting Question: decreasing taxed real estate sale gain by decreasing basis?
What is basis? What is it in terms of a piece of real estate? I know home improvements can decrease basis, but is realtor fees and closing costs also used to decrease basis? (I'm in an owner occupied residential home, sold prior to 2 year-no capitol gains timeframe) I bought a property for 385K sold for 415K. I paid 30K for realtor fees. Is it basically saying my 30K capitol gain can't be taxed because of my paying 30K in realtor fees decreases my gain to a 0 taxable gain? These are numbers are fictitious, but is the my understanding correct?
9 Mar 2008, 7:29 pm | click here for answers
Resolved Question: A mortgage for a trailor on its own land in the city?
My boyfriend and I are in the process of buying a home. We found a double wide trailer close to work in the city. (Not in a park. It is on its possess acre of private land in city limits.) It sits on a permanent foundation with a crawlspace. The property is Very well maintained and landscaped. It also has a big front porch and patio. Honestly, you can not even tell its a trailer. It looks like one of those modular type homes. It has been recently built (within the last 3 years) and has top of line everything inside. Its over 1800 sq feet and beautiful inside and out. The current owner pays property tax and is hooked up to city water and sewer. It is in a very nice residential area. (New homes.) However, our real estate agent claims there is no way to receive financing on a trailer because it will lose value. Right now it is valued over 100,000! Pretty good for a 3 year old trailer, I thought. My question is, Is there anybody in NC who has a similar property and got regular financing for it?? I also add that we have good credit and do qualify for a regular "stick built" home. Its just that our real estate agent said we can not receive financing on mobile/modular homes. She claims it is because they have a higher foreclosure rate than a "stick built" and lose value quickly. It sounds odd to us since the mobile home is not movable or in a park. Also, since its selling/valued at 3 or 4 times the cost of an old single wide trailer. The price is that of a regular home. I'm just a bit confused because we are young first time home buyers. Thanks for any help you can offer! M2, Thanks! It is on a permanent brick foundation. The "crawspace" is just below the back patio area. The seller is selling the land and trailer together but no lender we have talked to (5!) want to do a loan for a trailer. They every tell us to stick with a "stick built" home. They don't want to "risk" a trailer. Our real estate agent has already found us the "perfect home" to suit our needs so she doesn't want to check into finding trailer financing. Well, she claims she has and there are no options. It is just difficult to believe that a home permanently attached to the land with a high resale value (for a trailor anyway, $129,758) can't be financed! We checked and it has never been a "moveable" trailer aside from when it was brought from the factory to the land site and attached to the foundation. We will look into realty.com and a mortgage broker before giving up...Thanks for the advice! loslunas87031, Are credit scores are very good and it is considered real estate. I think you are very right. That seems to be exactly what they do. The houses they seem to keep steering us towards are quite a few thousand more than we want to pay. Our agent always claims that since we are "quailifed" for a certain amount that we should be looking for 5,000 - 10,000 higher because we can offer a bit lower. Everytime we find something for less we are faced with head shakes and a hundred reasons why that property isn't "good". Home buying has been more of headache than I would have dreamed! It is so frustrating to find something perfect and affordable and told, "I really don't think that is a good investment." Maybe we should just start demanding detailed explaination as to why they won't finance a trailer and try to "barter" them into it.... I don't know. Thanks for your help!
28 Apr 2008, 5:45 am | click here for answers
Resolved Question: To those who don't believe we are in a recession...lets discuss?
I form non bias opinion on answers. I will provide evidence on why we are in a recession. If you don't agree then that is you're possess decision and it is respected by me. However I will challenge you to look what parts of this info is not seen in the market...and why it cannot be defined as a recession. THIS IS LONG BUT IT PROVIDES REASON FOR WHY IT IS A RECESSION: The public was addressed by the secretary of state three weeks ago with the state of our economy. It was concluded there was a sign of recession on way. However, many believe this started in November as did the subrime lending create decrease in mortgage lending. I am one of those people. I don't believe that subrime lending was the only cause. So since subrime lending fiasco started two consecutive periods ago....this indeed has led to a economic fall. GDP is important...and I have seen it fall also...but it has not reached two consecutive periods...but it will, no doubt. (that is my possess opinion) Note that the GDP-growth (real seasonally adjusted annual rate) for the last quarter of 2007 was 0.6[31] as revised on February 28, 2008. It was 2.2 for every of 2007. Nouriel Roubini has outlined a harsh 12-step scenario.[32] U.S. home prices will fall between 20% and 30% from their peak. NYTimes chart ALSO TODAY IT WAS ANNOUNCED THEY HAVE FALLEN 60% Losses to the financial system from the subprime disaster, as high as $300 billion, are now spreading to close-prime and prime mortgages. The recession will guide to a sharp increase in defaults on other forms of unsecured consumer debt. Monoline insurance companies will take losses on their insurance of residential mortgage-backed securities, collateralized debt obligations and other asset-backed securities products, which are much higher than the $10 billion-to-$15 billion rescue package that regulators are trying to arrange. The commercial real estate loan market will soon enter into a meltdown similar to the subprime one. Some big regional or even national banks that are very exposed to mortgages, residential and commercial, may go bankrupt. Bear Stearns Companies, Inc. collapsed on March 16, 2008, and was bought out by JP Morgan Chase. Banks' losses will grow as a result of hundreds of billions of dollars of leveraged loans on their balance sheets at values well below par, currently about 90 cents on the dollar. Once a severe recession starts, a massive wave of corporate defaults will take place. Typically U.S. corporate default rates are about 3.8% (1971-2007); in 2006 and 2007 this figure was a rather low 0.6%. And in a typical U.S. recession such default rates surge over 10%. The “shadow banking system” (as defined by Pimco, it is composed by non-bank financial institutions that borrow short and in liquid forms and lend or invest long in more illiquid assets), will soon receive into serious trouble. Stock markets in the U.S. and overseas will start pricing in a severe U.S. recession and a sharp global economic slowdown. The credit crunch that is affecting most credit markets and credit derivative markets will guide to a drying up of liquidity in several financial markets, including otherwise very liquid derivatives markets. A vicious cycle of losses, capital reduction, credit contraction, forced liquidation of assets at below fundamental prices will ensue, leading to further credit contraction Any questions? John...man are you serious..."labeling"? C'mon...now. GDP is gonna say the same thing I pulled off wikipedia. So what are you getting at? You have to arrive out with something more than characterizing my question as labeling. No offense...i mean you are the only one that answered in 30 minutes. So its looking like people aren't conflicting with a recession being here. Thats good. Good answer though. Piatchi..thats a great analogy...lol. Bear Sterns was baught by JP Morgan and Chase when it had substancial losses...but hey it DID survive the depression. Just take a look at any site it will give more info. Thanks for answer.
16 Apr 2008, 3:35 pm | click here for answers
Voting Question: residential contract real estate question?
the paragraphs about arbitration and negotiation, when initialed, do they help the buyer or not? is it better to not initial them?
4 Apr 2008, 12:51 am | click here for answers
Resolved Question: the kamal karna roy strategy to close gap of right viz leadership viz u s president 08 elite vs. have_nots ?
29 Feb 2008, 2:02 am | click here for answers
Resolved Question: Is mortgage interest included in "Total Cost" of purchase, when figuring basis for depreciation on Schedule E?
I don't know if I'm nuts or not, maybe someone out here does. I rent space in my home, so need to fill out a Schedule E for residential real estate. I'm sure that at one point when I was researching this, I read that when you are figuring the depreciation on this, and figuring the basis of the purchase, the "Total Cost" of the property includes the interest cost of the loan (mortgage) over the term of the loan, but now I can't find where I read that, and can't find any reference to it anywhere. Does anyone know if this is correct, and in what IRS (or other) document I can find this mentioned? I've looked thru IRS Pub 527 and a couple others, and cant find it. I think it may have popped up in a TurboTax help file somewhere, but cannot find it there now either. Do I have an over-active imagination???
11 Apr 2008, 9:15 pm | click here for answers
Resolved Question: Why do people that do home loans get so mad when you shop around?
I've heard a pal of mine 29 Apr 2008, 12:44 pm | click here for answers
Voting Question: Real Estate Investing Challenges?
WHAT are some of the most common problems that real estate investors (residential) face and WHY? Problems that both beginners and those who have been in the business for some time face.
20 Feb 2008, 3:47 pm | click here for answers
Resolved Question: What is Sellers' Insurance? (Real Estate)?
What is sellers' insurance? every I know is it provides some sort of financial security in a real-estate transaction. What is it used for and for what reasons might you make a claim? For the purposes of my question, this is residential real-estate sellers' insurance. Thanks for your answers! Courtney, thanks for your response. It's the most helpful one I've received so far. Mbrkatz: I'd like to believe you; however, I have a piece of paper on my kitchen table right now saying "Sellers Insurance Claim form." (It contans few details.) As you suggest in your response, I thought maybe the policy had something to do with real estate errors. However, I don't know the details of this, which is why I asked the question. Can you tell me more about this type of insurance? Thanks.
8 May 2008, 1:17 pm | click here for answers
Resolved Question: more stats help please!?
The real estate industry claims that it is best and most effective system to market residential real estate. A survey of randomly selected home sellers in Illinois found that a 95% confidence interval for the proportion of homes that are sold by a real estate agent is 69% to 81%. Interpret the interval in this context. a. If you sell a home in Illinois, you have a 75% +- 6% chance of using a real estate agent. b. We are 95% confident, based on this sample, that between 69% and 81% of every homes in Illinois are sold by a real estate agent. c. We are 95% confident that between 69% and 81% of homes surveyed are sold by a real estate agent. d. 95% of every random samples of home sellers in Illinois will show that between 69% and 81% of homes are sold by a real estate agent.
28 Apr 2008, 1:52 pm | click here for answers
Resolved Question: how do i post a commercial real estate ad on yahoo?
i look on yahoo real estate a area to post residential ads but i am wanting to post a multi unit commercial bldg... any links i can go to?
15 Mar 2008, 2:17 am | click here for answers
Open Question: Who is Wadhwa Properties — Buy / Sell / Rent Properties at Haridwar?
Wadhwa Properties is one of the prominent Real Estate Consultants for Residential and Commercial Properties. We have always endeavored not to disappoint the trust that has been put in us by our esteemed customers. Thanks to a resolute and professional approach, we are proud of having built up a very high reputation in the local property market of Haridwar (or Hardwar). We believe - and experience has taught us - that every co-operations must be based on a trustworthy relationship between both parties from the very beginning in order for it to satisfy both sides. Our experience has helped us grow from strength to strength only to become the most trusted real estate consultants, residential and commercial property dealers and realtors of Haridwar (or Hardwar). We provide services such as sale / purchase / renting / leasing of residential and commercial properties of every categories. Our main Motto is maximizing the Customer's Satisfaction. We always ensure that the deal is genuine and henc SERVICE CHARGES: 2% (Two percent) of the total cost of property from both sides separately. For Rental / Lease cases, we charge One Month Rent as commission from both sides separately. Service Tax and Other taxes / levies as applicable will be charged extra. We don’t compromise on two things; one is quality of the services and second our professional charges irrespective of the size and value of the deal. Contact us at WADHWA PROPERTIES, G-7, Super Complex, Ranipur More, Bhel Turn, Chandracharya Chowk, Haridwar / Hardwar, Ph. 91.1334.228803 (O) 91.09319051073 (M) (Time to call: 10 to 2 noon, 4 to 8 pm. IST) Email: mailto:haridwar.properties@gmail.com, visit us at http://www.haridwar-properties.com
12 May 2008, 2:12 am | click here for answers
Resolved Question: How do I buy a property under a company's name?
I'm thinking of opening a company to buy residential real estate and use the tax benefits of the company to my advantage. How do I go about doing so?
1 Apr 2008, 9:05 am | click here for answers
Voting Question: Commercial real estate buying and finance compared to residential?
To be in a position to purchase a free standing tiny office building, downtown, eastside, heart of lasolas, riverfront... every of it...At a time folowing the sub prime collapse, and bolstered furtther with a built in tenant, in my possess business... and lastly being positioned such that no need to sell in this market dip is necessary to accomodate a buy. As my header suggests, the question or wonder is about the lines or terms, or any other factor regarding finance and mortgage. Homes I have done many times, sell or buy that is.... But what of commercial and business endeavors? Credit, established and stable, assetts ect... so no qualification issues are forseeable. Given these broad strokes, ..what can I and what should I know or research about this. I'd ideally like to transition as painlessly as is realistic, Any pit. What is the floor for the down payment these days? Are the mechanics for an office different than for residential? What should I expect? ; terms ect..?..any pitfalls?
8 Apr 2008, 4:11 am | click here for answers
Resolved Question: What is a good magazine/publication for learning about residential real estate in the US and/or northern CA?
I am not a Realtor, but I am looking to buy a home in a year or more, and want to start learning everything I can about housing trends, hot areas, and whatever it is that Realtors talk about. I live in Northern California and would be most interested in that area. I DO NOT want a publication that just shows home listings - I want to educate myself over the next year before I am ready to buy.
17 Mar 2008, 4:38 pm | click here for answers
Resolved Question: What kind of opportunities are available in New Orleans in terms of real estate at the moment.?
both retail space and residential. Or even better both in the same place.
4 May 2008, 11:41 am | click here for answers
Resolved Question: I'm facing foreclosure and need help?
Before you every judge me, here is the situation: my husband, a residential superintendent, lost his job last summer due to the slow-down in the economy. We had a modest savings, but when you have a mortgage, two car payments and credit card debt (increased due to job loss), one income doesn't clip it and we went thru our savings. We tried everything to keep face: had a real estate agent attempt a short sale (the lender wanted a higher sale price than the market was willing to accept). Then my lender told me to apply for a deed in lieu, only to have them decide it wasn't in their best interest. I owe $30k more than my home is worth (and that value constantly declines) so there is no point in saving it. My problem is, they are foreclosing in June. We have no where to go and no money for rent (again, two car payments and credit card debt on one income). Are there any programs that will help with rent? Please help, I don't want my baby homeless. Thank you. My husband does have a job, but it is only part time and we need two cars so he can receive to work and take care of our son.
17 Apr 2008, 1:51 pm | click here for answers
Voting Question: Is there any information about the impact of a cell tower on property values when it is right beside a home?
Cingular and T-Mobile want to build a 125-foot cell tower and 20 x 40 foot base station enclosed by a chain link fence only 95 feet from our homes. We live in a AA Residential zone in Northern New Jersey, on a silent dead end, close a brook and conservation easement. The homes sell for about $700,000. Common sense would say that it is going to have an ENORMOUS impact on our ability to sell our homes and the price at which they can be sold. Cingular and T-Mobile deny that (professional liars). They have no conscience. Help! Can anyone provide any leads or information on proving the impact this would have on our real estate values and the ability to sell our homes? Thanks much!
26 Mar 2008, 10:47 pm | click here for answers
Resolved Question: What is the real estate secret for selling unique (white elephants!) houses?
Problem: limited buyer base! Ideal for the "right" buyer... it's finding them that's the kicker. Like most markets - priced way below appraised value. A Historic Spanish, built 1927, total renovated, with attached In-Law Cottage. It's listed as 4/3.5, 2060 s.f., pool, no garage, double lot, walk 500 ft. to ocean.Main home must be listed as a 2/2, one room lacks a closet (was 3 bed w/armoire), now shown as "den/office/family room", single family residential. The place is staged to perfection. Since "open houses" are for the realtor's benefit, that's not much of a help. Advertising in local newspapers nets tiny interest or return. MLS and Realtor.com seem to receive the most action. Our realtor is one of the top selling agents in our area. He's relatively new to real estate but a real go getter. He has done every of the over. We're ex- dinosaur realtors, if we had "secrets", long gone! Any "magic" advice? Help! & Thanks for reading this unhappy story! Was: "Location, Location, Location!" Now : "Price, Price, Price!" PLUS..."Location! Unique = LIMITED BUYER BASE *Ideal 4 extended family! *Had to replace BAD realtor w/this 1. *Barrier Island, Fl. Beach side, desirable bedroom community, short walk to ocean ACESS (look ^).*Most recent Appraisal: $538K *List: $379K.* no comps, Double lot-no subdividing, completely fenced, pool view. *Shows great (& often) w/positive feedback. Negatives: no garage, buyers w/ young kids can't "look" the bedrooms as workable. Most don't need separate In-law 2 bed, 1.5 bath. Several wanted as B&B (zoned single fam.). One VERY lowball cash offer w/o counter. Last contract fell thru. Realtors say their buyers adore the place, stay extra LONG time (even when not able or willing to buy- same happens @ open houses). Price (below $400K) + Location + Curb appeal = LOT of lookers. [We adore place, would stay 4ever, but 4 our needy health!] *Any suggestions - ideas - he/we'll try anything 2 help sell the place. Thanks!
3 May 2008, 9:07 pm | click here for answers
Resolved Question: What real estate websites can I submit my link to?
Do you know of any websites that have decent traffic where I can submit my link to it so that I can receive some traffic of people who are looking to buy a residential home from the owner (i.e. I'm not a real estate agent)? There MUST be something that gets alot of views for people trying to sell their homes where people going to buy visit. Any links or info would be greatly appreciated! :)
29 Apr 2008, 5:45 am | click here for answers
Another sample
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Resolved Question: I signed 12 mth Residential Lease and 5 weeks into lease real estate says they are now selling house?
So this home COULD be on market for sale for 11more months and I could have people coming through my home 5 times a week for 11 months.! I specifically asked if there was any chance this home would be sold in term of lease and was assured was long term rental but I feel they just got someone in to attract investers.. then they have hide to ask if i will move out if a purchaser wants vacant possession!(only if a purchaser wants this) I feel its invasion of privacy and they lied and knew it was going to be put on market. I have had heated discussions about photos inside home and access and now having migraines and feel bitter about this. anybody got ideas how to handle this. I arrive below Tasmanian Rental Act. i have looked up the act and i have to let them in five times a week between 8am and 6pm I have no rights apparently which is not fair. That means every property owners can do this. Its not a cheap rent in a feral area either. The real estate also refuses any repairs till it sells
29 Feb 2008, 7:21 pm | click here for answers
Resolved Question: What is best way to be an real estate invester?
In residential real estate or commercial real estate
8 Apr 2008, 5:02 pm | click here for answers
Resolved Question: What should I look for when hiring a commercial real estate company?
The property needs to be converted but zoning has changed from Residential to C-P. Lady M... thanks so much. You gave me a little more to consider.
2 May 2008, 7:28 pm | click here for answers
Resolved Question: What do you think of using a land contract to buy residential real estate?
29 Mar 2008, 10:23 pm | click here for answers
Resolved Question: We are real estate agents in India. Where do we look out for NRI's for our land sales and purchaser.?
We are very much interested to search for NRI's who are really interested to purchase lands (Residential & Commercial) in India
30 Mar 2008, 10:10 pm | click here for answers
Open Question: Religion in Workplace: My boss keeps asking prayer from our clients is that legal ?
My boss has a tendency of sending out letters to our owners/tenants that include asking them to pray for him or others, and or religious quotes on holidays to our clients. Is this Legal ? We are a real estate company (residential rentals). It offends me, I have told him plenty of times that this may offend others but he keeps ignoring me. Is there anywhere I can find laws that protect not just employees but clients as well ? Opinions/Options?
14 May 2008, 12:04 pm | click here for answers
Voting Question: What does "cash offers only" mean on a residential real estate listing?
Does this really mean I would need to pay with cash for a $400,000 condo?
18 Apr 2008, 2:28 pm | click here for answers
Resolved Question: Private Lenders or Money Partners- Central Florida!?
I am a real estate agent and investor in Central Florida looking for individuals with capital or an IRA would like like to partner on residential deals or simply lend capital short term with a very good return. If you know of anyone or are interested yourself could you let me know? We current focus on wholesaling which is basically marketing to find really good deals and turning them over to investors who want to either fix it up and flip it or keep them as income properties. We do not rehab. Minimum investment would be $20k. If you use your IRA to invest the ROI is tax deferred or tax free.
22 Apr 2008, 4:44 pm | click here for answers
Voting Question: Bond issues... do I have a leg to stand on? Can I beat them at their game?
Hi every, I'm having problems settling a bond claim with a pain in the arse real estate agent. It has been over 2 months since I've left the appartment. I have not been given any receipts / notice of repairs etc. What do you think? Residential Tenancies Act 1997 - SECT 417 Application to Tribunal by landlord 417. Application to Tribunal by landlord (1) A landlord may apply to the Tribunal for a determination directing the Authority to pay an amount of bond to or on account of the landlord if- (a) the landlord is unable to obtain the tenant's agreement to make an application to the Authority for a refund; and (b) the landlord considers that the landlord is entitled below section 418 or 419 to a refund of that amount of bond. (2) An application below this section must be made within 10 business days after- (a) the tenant delivers up vacant possession of the rented premises; or (b) the landlord becomes aware that the tenant has abandoned the rented premises.
27 Feb 2008, 7:19 am | click here for answers
Resolved Question: hi friends, i want to invest in land & flat in nashik.so currently which areas in nashik are best for me?
actually i want to receive into real estate business in nashik city of maharashtra. so this is just the first attempt & i want guidance for this. i want to target those areas where prices can increase in close future & which are in demand for residential as well as business purpose.
15 Apr 2008, 9:35 am | click here for answers