short sale in realestate?
October 16th, 2010
You want us to do your homework for you? No way!
Just google "real estate, short sale" and you will get an excellent explanation of a ‘short sale’ and it will be a learning process for you.
You want us to do your homework for you? No way!
Just google "real estate, short sale" and you will get an excellent explanation of a ‘short sale’ and it will be a learning process for you.
http://realestate.aol.com/listings-Oakland-CA#/sort-price/order-asc/page-11
I have been searching for a home in oakland CA because I heard of the high foreclosure rates, but it doesn’t make since that you could buy a home for $3,000.
What are the real prices of these homes?
Those look like they might be redemption prices, how much was not paid. Foreclosures sell for about 90% of fair market value.
Without addresses it is hard to tell what the real prices are, but I will see if I can find an example and post it.
edit:
That took me awhile. They are pulling default notices and calling them foreclosures. Those homes are not for sale at all and have not been foreclosed on. The owners are late paying their mortgage, but that is the extent of it.
I found one real foreclosure, http://realestate.aol.com/foreclosures/Surrey_Ln-Oakland-CA-94605/4.32112323
However they are saying it is only 459,146 when the actual list price is $599,000
Listing the default notices seems to be a lure to get you to pay for information that is actualy free.
I want to give my Las Vegas Condo/Loft as much exposure as possible.
Free listing services are much preferred.
http://www.realtor.com/realestate/las+vegas-nv-89101-1091670662/
www.postlets.com
www.trulia.com
www.zillow.com
www.craigslist.com
we were told it was stick built, today at the assessors office we find out its been placed in 1992, placed? we were told it was stick built? what can we do, its not energy efficennt like we believed a home in 1996 would be, we have done aton of work to this property, what can we expect? called attorney, is he good?
Did you get an appraisal and a building inspection? If you did, they would have easily discovered it.
If you didn’t, then that’s your fault.
Contracts don’t require that type of disclosure if the house was moved from another location.
Technically, it WAS stick built…just not where it is now.
With the housing market being so bad I see daily homes that should be listing for 99 to 125.000 being listed for 175.000 and the agent say well we will just come down. Well in a market that had supply and demand when the suppy is low you can demand but our market is reversed at the present time.
mike
noteliquidator.net
Buyers always want to negotiate down. So, if a seller lists his home higher than those around it and/or higher than what he actually really wants, he can afford to negotiate down and still get the amount of profit from the sale that he desires.
Also, in this market there are so many sellers that are having to short-sale their homes. They owe more than what the home is worth (and what others around them are worth), so they price high, hoping they can eke out every penny they can so that the gap when they sell is as small as possible.
Then there are foreclosures. Banks price foreclosures low, in order to get them to sell quickly, and there are tons of them now. The low price of a foreclosure can make a house next door that’s actually priced appropriately look as though it’s priced high.
Some sellers can afford to price their homes high and wait for them to sell, while others are desperate to get out and will take whatever they can get – whether it’s a fair price or not.
And also, it has a lot to do with how much the seller really knows about real estate. A seller that doesn’t know anything is likely to take the advice of the realtor. The realtor is also going to suggest the highest price possible in order to get a bigger commission.
realestate.yahoo.com provide guide to realestate listings uploading in xml format
its desribed in guide_to_listings_sub.pdf
but there is nothing about xml structure, no any examples! only fields list. dose anybody have example of xml or know where to see that one?
http://realestate.yahoo.com/professionals/brokers;_ylt=AkMEhzVD9oFfKaGIPMapFVjDXKB4
“Guide to Listings Submission” Technical Spec
xml is Excel spreadsheet format.
The fields list is all you need. Copy the field list across the top row in a new Excel page. Then fill in the details underneath, for your your property. It will include items like real estate type (house, condo etc), for sale or rental, address, various description fields, and things such as DisloseAddress, which you fill with Yes if you want it done and No if you don’t want it. Any that don’t apply to your ad, just leave blank.
This lets you submit numerous properties on one XML sheet, one property per row on the sheet.
If you could come back here and put the link for the page that directs you to that PDF, I could look it up for you and give you better details.
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I see what you mean.
Address type the address.
Other items where it days "decimal" just type numbers eg 56000.00 or 3.5, no commas or dollar signs.
"String" means words, eg name of provider (you) or builder.
for "Enumeration" they’ve listed all the choices you have. I get the impression you need to put these into quotes, the way they have them shown.
Woops, further down (purchase, lease, rent etc) they DON’T have them in quotes. Try them each way.
I suggest you copy only the compulsory fields to your spreadsheet, and submit ONE sample, with one item in quotes and one not. See which one comes out and then stick with that style for the rest.
listingsKey and ListingKey are confusingly NOT THE SAME. The top one is a code you invent eg "julylisting1" for the whole ad; the second is another one you invent for this particular property only, eg "wiscCondo".
"integer" means a number, eg 500 (square feet).
Anywhere that says "Boolean" means yes/no. They don’t specify whether to write Yes/no, so it might be better to use computer boolean, which is 1 for yes and 0 for no.
Where they ask for URLs, eg for images, put the images into Flickr and give the URL for that page.
Once you’ve worked out your test submission, also add in the next page of non-compulsory items, as some of them would be of good value to potential buyers.
Section 6 – Data Transmission tells you the address to upload your file to. I suggest you name your files with some initials, such as your company initials, and the date, eg MRL20100705.xml.
WOW they expect a lot of computer expertise from real estate experts. I hope this helps you get started.
i want to buy a house so when I live there sometimes, after I retire, do I have to consider tax and any forms I need to file when I do the transaction?
i guess if I sell the house for a profit, then there are tax consequences from uncle sam. of course, since it’s become an investment? , heh?
you want to buy a home in another country? not a problem
however, if and when you sell it, as a US citizen you would be taxed on any gain you made on the sale
Im buying a new home and I think my realtor is not doing a good job. What should a good realtor be willing and ready to do for a client?
Figure out what you want, and do the research
1. send you a daily list by email of properties that could be in the ball park of the properties you may like, then wait for your feedback.
a. location ok?
b. type of home ok?
c. prices in your range?
d. you need pre approved mortgage?
e. warn you of anything going on in the market
f. tell you of new developments
fraud case in realestate purchase leaving us 100,000 in debt lawsuit strong but they are retired and wealthy and homesteaded property and probably have their assets in a trust. what can we do when we win our judgement?
u listed it backwards; Judgment is against……….
they have their assets in……
go to court and ask for an ASSET hearing.
IN many cases, a trust cannot be used to avoid a judgment.
try to penetrate the protection of it.
When I used to live in NC, there was this site http://services.wakegov.com/realestate/ where I could look up info about the property I want. I am planning on buying one in Orange County, CA. Any ideas please.
http://tax.ocgov.com/tcweb/search_page.asp