Home Buying in Columbia : Real Estate Advice

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Page Latham, Real Estate Pro in Blythewood, SC
Page Latham answered:
If they are asking for 49,900 and I offer 46,000 with 20% down is that too low?
Michelle,

It really depends on the property condition and how the price of the house compares to other sales. Honestly, if a house is priced reasonably, there is nothing wrong with ... more
0 votes Share Flag Mon Apr 6, 2009 Home Buying in Northwest
Howard Rose, Real Estate Pro in Columbia, SC
Howard Rose answered:
Why has Orchard Pointe off Mineral Springs Road stalled out?
Hello Deana,

Orchard Pointe is a great location, what is happening there is happening everywhere, it is not a negative mark on this subdivision. The market is showing some signs of n ... more
0 votes Share Flag Wed Apr 8, 2009 Home Buying in Lexington
Howard Rose, Real Estate Pro in Columbia, SC
Howard Rose answered:
Interested in foreclosed propoerty that will be selling at auction. However, we'd like to bid before the
Hello potential home buyer, the best answer that I would provide to you in your present situation would be to sit down with your realtor and his/her broker and go over your concerns abo ... more
0 votes Share Flag Thu Mar 12, 2009 Home Buying in Columbia
Darlene Vause, Real Estate Pro in Irmo, SC
Darlene Vause answered:
Has anyone had any experience using NACA for home purchases in South Carolina?
Hi Karlton.

I haven't worked with any clients who have used NACA but I did hear that their services are free. Here is a hyperlink with some details about joining up with Representat ... more
0 votes Share Flag Fri Mar 6, 2009 Home Buying in 29203
Darlene Vause, Real Estate Pro in Irmo, SC
Darlene Vause answered:
So, my husband and I are planning to buy a home in the next 6 months. We're thinking of a new build
You do need to go ahead and hire a Buyer's Agent. It is our duty to help you through the process. An agent will help represent you and help you talk to a bank regarding the timeframe ... more
0 votes Share Flag Tue Jul 28, 2009 Home Buying in Columbia
Laura Sargent, Real Estate Pro in Awendaw, SC
Laura Sargent answered:
We're thinking of signing a contract on a new build. We haven't signed with a realtor yet. We've been holding
The same percent will be paid with or without a realtor...without one you won't be represented...Contact me if you have questions.
Laura Sargent
Carolina One Real Estate
lsargent@car ... more
0 votes Share Flag Tue Mar 10, 2009 Home Buying in 29229
Donna Reed, Renter in 29169
Donna Reed answered:
i like to know more about this place how much do i need to put down and how much land and rooms at this place
The price on the listing, $2500, was not the actual asking price. In foreclosures, often a bank will buy the property at the foreclosure hearing for the court costs on the property. In ... more
0 votes Share Flag Tue Feb 10, 2009 Home Buying in Columbia
Greg Worley, Real Estate Pro in Columbia, SC
Greg Worley answered:
How do run-down outbuildings affect the market value of a property?
James,
Outbuildings can affect the value of a property in different ways. If it is "run-down" or in extremely poor condition it would obviously take away from the visual appeal of the ... more
0 votes Share Flag Wed Dec 31, 2008 Home Buying in Columbia
Page Latham, Real Estate Pro in Blythewood, SC
Page Latham answered:
How do run-down outbuildings affect the market value of a property?
James,

How much would it cost to remove the buildings? Are they unsightly and can you see them as you drive past the house? Are they a safety liability? do they bother the neighbo ... more
0 votes Share Flag Wed Dec 31, 2008 Home Buying in Columbia
Cameron Piper, Real Estate Pro in Vadnais Heights, MN
Cameron Piper answered:
I am interested in a house that is accepting pre-auction offers. Can I offer less than the lowest bid price?
Umm,

You can submit an offer for whatever you would like. Whether or not the offer will be entertained is another story.

If you simply have to have the house I would recommend ... more
0 votes Share Flag Thu Sep 11, 2008 Home Buying in Columbia, SC
N. Hunter Ja…,  in 29072
N. Hunter Jackson answered:
Agent question!
Craig,
There is a contract that you sign with an agent (Exclusive Right To Buy) that gives the agent, more or less, the right to act on your behalf. Also, this contract binds you to t ... more
0 votes Share Flag Mon Jun 16, 2008 Home Buying in Columbia, SC
David Patter…,  in 29229
David Patterson, Broker answered:
I need properties that are FHA approved. The problem is no agents seem to know what properties qualify; I was
Justin:

If you are looking for homes that are "FHA Insurable" and/or "203K Eligible", I might be able to help you. In an effort to help, I would need to know your goals for purchasin ... more
0 votes Share Flag Tue Dec 17, 2013 Home Buying in Columbia
David Patter…,  in 29229
David Patterson, Broker answered:
Hello,I am moving to Columbia in June and was wondering if anyone knew a good area to purchase? I am young
Jake:

These are very good questions for someone that considers themselves to be "young". I would be more than happy to do some analysis for you on these neighborhoods and send you so ... more
0 votes Share Flag Thu May 21, 2009 Home Buying in East and Southern
Jonathan Osm…, Real Estate Pro in Charlotte, NC
Jonathan Osman answered:
If we were to lease out our house for 1 year, could we qualify for another loan to buy a different house?
Most lenders will do what's called a rental analysis where they will attempt to eliminate that debt of your old mortgage with a lease. Some may require an actual signed lease while oth ... more
0 votes Share Flag Mon May 12, 2008 Home Buying in 29229
N. Hunter Ja…,  in 29072
N. Hunter Jackson answered:
We're thinking of buying a REO property that is potentially a good deal. It's an all-brick 3200 sq. ft. home
S. Cooper,
There are a lot of things to think of. Ultimately you are the only one who knows if this is "out of your league" money wise.

Inspections are necessary, including a Home ... more
0 votes Share Flag Wed Mar 18, 2009 Home Buying in 29229
David Patter…,  in 29229
David Patterson, Broker answered:
Hi, We're moving to Columbia SC in a few months and are house shopping online. All of the information we can
Emily:

I would be more than happy to send you current 4BD/2BA listings and CLOSED COMPARABLES for these listings in the areas between Fort Jackson and McEntire. Please feel free to s ... more
0 votes Share Flag Tue Feb 3, 2009 Home Buying in 29209
Cindy Kidd, Real Estate Pro in Columbia, SC
Cindy Kidd answered:
I currently live in Atlanta and have been transferred to Columbia, SC.
Wow, I have not heard of this, but I may just be uninformed. The only way I think you could do this is to find a builder that is an investor & holds properties in different cities. What ... more
0 votes Share Flag Tue Jul 15, 2008 Home Buying in Columbia, SC
Mr.P, Other/Just Looking in Arizona
Mr.P answered:
We found house which is in ownership of bank and listed 365.900 .It is foreclosure and it has mold,
For this example I will play Mr. Banker,

Maja: Mr Banker, your home needs 200K in repairs, therefore I will only give you 200K for the Home. Deal?

Mr. Banker: The current offered ... more
0 votes Share Flag Wed Mar 12, 2008 Home Buying in Columbia, SC
Josh Watts,  in Mount Pleasant, SC
Josh Watts answered:
I am a Canadian Citizen and resident of Bermuda. My brother and I who lives in New York are
I have brokered a very similar deal with good results. Give me a call and I can explain with ease how this can be accomplished. I am the Managing Partner of a local real estate firm i ... more
0 votes Share Flag Thu Jul 3, 2008 Home Buying in Columbia, SC
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
Hi. I found a VA home in a great neighborhood.
Many consumers believe that foreclosed homes sell for gigantic discounts.
Why should this be true?

The VA has an obligation to the taxpayers to obtain a sale price that is reasonab ... more
0 votes Share Flag Fri Feb 15, 2008 Home Buying in Columbia, SC
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