Buy My Home FastFast Solutions for Selling Your Home

Question by delees1_babygirl: Serious Home Buyer Question?
If you found a home that suites your needs and wish list to a T, but there is some major work and cosmetic work to be done. It is a foreclosure and the price has dropped about 70K over time, but the taxes are so high yearly that it messes everything else up. The home has been on the market for over a yr, and you also have done research and know the land is worth about 20k but know the bank will most likely not fall for that price. You call this the “dream home”, see yourself living forever there. You also have a home to sell and need to sell in order to purchase the new one and with market today it is hard. What would you do? How much would you bid?

Best answer:

Answer by Flusterated
I wouldn’t bid a penny until the first house sold unless you’re financially able to make 2 mortgage payments. In the meantime check into the last time the property taxes were reassessed – you might be able to get them lowered once you buy it. Cosmetic work doesn’t scare me – it’s the “major work” that would…it depends on what that entails. If it’s going to be auctioned, it will be as-is, so you’ll need to have cash to fix it up.

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Question by iojhyt675: do you need a license in Egypt to sell “fool” and “tameya” on the street?
do you need a license for that? how to get license from?

Best answer:

Answer by zenda
lol If we are talking about law so, I don’t think there is a license for selling something in the street except the street law.
All sellers in the street “without shop, store ..etc” are illegal but they leave them because they are important for people and let them to make some money “Yaklo 3eesh” instead of being criminals.

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Question by : What does it mean for a teenage girl to be fast?
I was walking home yesterday from school with a group of guy friends, and one of them was my boyfriend. So before I went in the house, I kissed him goodbye. When I came in the house, my mom started yelling at me, and telling me how “fast” I was. What does that mean?

Best answer:

Answer by koreanqt81
That you are quick to “give it up” or are “easy”. Although I do not know the entire situation I probably would not consider a person “fast” with just a kiss. Just be responsible sweetheart with what you do and remember – once you do an act (doesn’t really matter what it is innocent or not) you can never undo it.

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Question by palidin40: the house I rent is being foreclosed. Can I move out before the lease is up?
I signed a lease here in Florida October 1 of 2007. my lease is not up untill October 1 2008. I found out the landlord hasn’t paid the mortgage since before we moved in. It is now in forclosure and I want to move out but do not want them suing me for breaking the lease. When I contacted the landlord, they told me they are in the middle of a “quick sale” and it will not affect me. I am nervous and the court still shows it as a forclosure. I don’t want to end up with an eviction and would like to start looking to rent or buy a house now.
If the forclosure or sale doesnt happen right away, then I will vacate when the lease runs out. Help…..I don’t know what to do and a real estate attourny cost $ 250 that I don’t have.

Best answer:

Answer by Tim
Keep paying the rent. The lease is still in effect until the house is foreclosed or sold. If you leave now, you will be breaking the lease.

It sound stupid, but whether the landlord is paying his mortgage is none of your business. You have a legal obligation to pay him rent.

If the house is foreclosed or sold and the lease terminated, you will not be evicted but asked to leave within a reasonable amount of time.

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Question by tygger: Are Mortgage Brokers & Agents “Hurting?”?
In the past 5yrs or so, mortgage brokers/loan officers and real estate agents have been doing really well. Now that the market has changed and lenders less likely to hand out subprime mortgages, are these factors really impacting their income?

I know this kid who was a loan officer. He did really well the past few years and ended up buying a nice house a nice car. Just wondering if this is going to have an impact on people in similar situations?

Best answer:

Answer by canman
no! htese people will come up with new scams to stay ahead of the game financially! they make so much money, if the whole market collapsed! they would still be doing good. i ahve never trusted these sneaky people, and never will! THEY COME UP WITH ALL! KINDS OF PLOYS AND SNEAKY SURCHARGES, JUST LIKE BANKERS DO! TO KEEP THEIR INCOMES UP!

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Question by thinkbig625: Real Estate Pros ONLY: Is now the time to…?
I know that right now the housing market and the economy are in horrible shape.
I also realize that from a real estate INVESTORS(with plenty of capital) perspective, now is a great time to invest in properties, the prices are low and assuming the market recovers as it always does, one could potentially make a substantial profit by investing wisely in today’s market.
My question is geared towards Realtor Professionals, not those who jumped in during the boom and have now jumped ship, but the dedicated professionals. Gary Keller has written books like “Millionaire Real Estate Agent” and more recently “Shift” regarding the cyclical nature of real estate and describes today’s market as “opportunity time”.
I’m about to go to school to get licensed and start with a company that appears to be thriving, can anyone outline just how now is a “Opportunity” specifically for a real estate agent(not an investor)?
I understand now it’s a “buyer’s market” but with the decline in the economy and unprecedented lay-offs, can anyone currently succeeding point out in real terms (not theory’s and ideas) just how a Realtor is thriving in today’s market? (Feb. 9th 2009)
I guess in some ways I’m just looking for some validation, I’m pursuing this career path regardless, I just want some input.
Thank You in advance for your time.

Best answer:

Answer by A D
Well, first off, I don’t know that I would call this a *Buyer’s Market*, if the buyers cannot get loans. As you pointed out with all jobs being lost, it’s a scary new world out here. I have read reports of how many agents have gone “inactive” because it is just too hard (read: impossible) to make a living now.

You don’t say where you plan on being a real estate agent, and that can make a big difference.

There are real estate agents that do fine regardless of the market conditions. But you have to be well positioned not just to survive, but to actually thrive in a market like we have now.

Well positioned agents are probably going to be snatching up properties now. Also, aligning themselves with investors who are also buying properties. They may also be finding business source as a listing agent for REO properties. Another source of business is specializing in Short Sales.

If you are just starting out, unless you have a large base of potential clients (buyers or sellers) to be a source of business, you may find it slim pickings out here. You might want to see about joining a “team” where you would be getting a smaller commission cut, but getting valuable experience and some commission is better than nothing!

Then when the market comes back, you will be in a good position to excel.

You might want to research and interview with several successful local agents to see if now is the right time for you to quit your day job.

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Question by majorfire11: I am selling my home “by owner.” What steps do I take after an offer is made?
i.e- earnest money or money down to hold the property.

Best answer:

Answer by valleyforge
The offer should contain how much earnest money the buyer is willing to give you, net hard and fast rules on how much.
The next step is to figure out if you want to accept the offer.

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Question by : Do you buy stuff at home “parties”? How’s that work?
Those little hustles where somebody sells stuff a company sells to them, in their living room. Candles — cookware — do people still do Tupperware? Tell me about it.

How do you respond when invited to one of these “parties”? Is it pretty much tacitly acknowledged that you just go and buy something because you know your friend needs the scratch and thus a social obligation exists? I have seen home-party stuff that looks okay (Tupperware’s great!) but it is invariably priced much higher than what you’d pay for comparable stuff in a shop, or the stuff is much lower quality. Or are people okay with spending the money because they look forward to socializing?

Some of the home party stuff I have seen is just plain awful. Cheap stuff, poorly designed. I can see the appeal of something like Tupperware, which is a solid brand name and serves a useful purpose. But a little while ago I saw some home party thing that was I think mostly just cheap bags? I couldn’t understand how that would be appealing to the person buying OR selling. I wanna get involved in ugly nylon? Huh?

I don’t know anybody who does this; I haven’t been invited to a Partylite party or anything, am not thinking of starting my own Tupperware franchise, I’m just curious about this little…subculture. Have you ever seen it work out really well? Or really badly? Any home-party brands whose web sites I might be amused by?
That 31 stuff…ay yi yi

Best answer:

Answer by ˚haяd çaηdy˚
I love tupperware, yes it’s expensive, but there’s nothing nearly as good, with tupperware you know you never have to buy another _insert product’s name_ again!

I don’t knw about the other stuff though..

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Question by johnjane: what are your house cleaning priorities?
Think of the filthiest house you have ever been in (if you’re thinking of your own, it doesn’t count- lol). Got it in mind? Now pretend that you are helping them and the owners of the home need to sell it but are physically and financially unable to do it themselves. All of the sudden someone contacts you wanting to look at “that house”- you put on your grubby housecleaning clothes and head over to get busy. What would you do first, 2nd, and 3rd to get it presentable?

real answers only , please!! This is for a research project.

Best answer:

Answer by KP
Kitchens and bathrooms. Since they’re the places most easily contaminated (and hold the highest yuck value when dirty), prospective buyers would want those spotless.

Then dust and vacuum. You shouldn’t have things sticking to your feet as you walk around!

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Question by LaborNurse4ever: 1st time homebuyer- can I remove “for sale” sign in front of the house BEFORE closing? Is that legal?
Closing is still 3 weeks away and there is a tenant there until settlement day. I really want to remove the “for sale” realtor sign, but can I legally do this, since I haven’t closed on the property yet?

Best answer:

Answer by mtoung
why dont you ask the realtor?

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