Selling A Home
According to Robert Shiller Yale Economist (this man predicted the current housing crash) 1. House prices are still only halfway back down to fair value. 2. Prices don’t usually stop at fair value 3. Obama’s plan wont turn housing around. Robert Shiller in his book called irrational exuberance has a chart showing the history of [...]
The Uniqueness of Real Estate Dictionary.com defines “capricious” as 1. subject to, led by, or indicative of caprice or whim; erratic. 2. Obsolete, fanciful or witty. One of the reasons I like working as a real estate valuation specialist is the fact that all real estate is unique. I’ve estimated values for 18th [...]
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The Real Estate Profession is a Very Mature Profession Aren’t bank-owned, distressed, foreclosed, short sale and whole sale properties just another term for the real estate market? Yes, these are new conditions in the market or influences that were not thought to be part of a normal market a few years ago, but underneath [...]
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I almost double my current home worth (1st and 2nd HELOC). I have about $ 15,000 to put into a new house with a credit score of 790 what is the best way of trying to buy a house before I approach the bank about a short sale or allow foreclosure? I go to another [...]
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An owner in Palm Beach Gardens, FL owns a house that has a 1st mortgage and a home owner equity loan both collaterized by the home. He moves and buys another house because of a job change. He is under water on the FL house but is current with all his payments. He wants to [...]
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do you have to keep an investment property 6 months before selling to avoid capital gains on the profit? by joanna8555 We are selling our $ 300,000 Pennsylvania home and are looking into how much it would cost us. When is money due to a realtor? Are there other costs affiliated with selling home? Is [...]
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Are home prices going to plunge in value? If so, should you sell your homes now to avoid a) lost potential gains, and b) being underwater on your mortgage? Well if they do plunge in value both a) and b) are certainties and we will enter a depression, in which case it’s time to emigrate [...]
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My home is for sale and I am becoming impatient. We did a minor remodel while living in an apartment and we are still here, in this apartment. It is discouraging to watch homes in my neighborhood sell in days and I am still on the market, with no action, after 6 weeks. Has anyone [...]
Hello, we are currently new homeowners trying to remodel our home. We have a split level home with 2 bedrooms upstairs and 2 bedrooms downstairs. Someone recomended that we should make the 2 upstairs bedrooms into one master bedroom. Our house is about 2000 sq ft. Im guessing people who would be interested in buying [...]