If you find a home that is For Sale By Owner you should be able to purchase directly from the seller however there are risks involved especially for the buyer. I would not suggest this unless you have experience. If you are the buyer then usually you won't pay commission to your agent, they will be compensated by the listing agents firm. I would really consider finding a real estate agent to work with.... more
There are no less than ten methods availalbe to sell your home. The compensation paid to the real estate professional willl depend on several issues. 1. Services selected. 2. Model requested. 3. Price point. ---------------- Your question and TJ's from Bismark comment suggest asking "What is the typical bill with one eats out?" will yield any meaningful response. ------------- Add a few more parameters and the responses will me more meaningful. What you have received to date is "SPOT ON" and is as accurate as possible with the data you have provided.... more
Ok thank you for the advice. I have secured a 1 bedroom to stay in while I search for a home. As far as HOAs the fees werent the thing I really disliked. It was the fact that it was one more layer of bureaucracy that I had to answer to.
I wont sign another covenant that prohibits me from exercising my own free will on my own property without some committees permission.... more
Is the person renting it the owner or a management company? Can you meet them at the house? Is the house for sale? Call me with the address and I'll help you find more information about the house. 220-3348.
Monique, I have heard of such scams going around on such sites as Craigslist, including in the Bismarck area. Often times, these scammers are pulling active real estate listings and posting them on these websites claiming they are for rent, when they are truthfully NOT.
I would recommend using BisManOnline (www.bismanonline.com) to find a rental - it's a local classifieds site much like Craigslist but it's well maintained and monitored. BisManOnline is the king of local classifieds and, because of that, very few locals use Craigslist for anything - so I'd steer away from Craigslist or any other national site as such.
Below is a list of reputable rental companies in Bismarck (most of these are apartments though, not houses).
If you're tired of paying rent, then, if you're qualified for mortgage financing, it's a GOOD time to buy a home. I say this based on 23 years experience helping Homebuyers---even back in 1989 when interest rates were over 14% for a 30yr Fixed Rate mortgage!
Get yourself Prequalified first by a Local Mortgage Banker. Then get out there and shop. Determine your price based on the following principles:
Before you make offers, you have to know your maximum financing amount/purchase price.
First things first: when making an offer, focus on what your monthly payment will be for the mortgage financing, including taxes and insurance. If that payment is within your means, then your Mortgage Banker will determine the maximum loan/purchase price for you based on all the factors of the monthly payment, your down payment and your mortgage qualifications.
Begin making an offer with the following standards:
1. WISH LIST. Does the home meet MOST of the requirements from your Dream-Home-Wish-List? The Dream Home exists only in our minds; it's NOT out there waiting for you to stumble across it one Saturday afternoon. But you can find the right home using your Wish List. When you find the home that meets most of your requirements from the wish list, then it's time to make an offer.
2. FORGET LIST PRICE. Based on your own research, shopping in your chosen area, select the price you're most comfortable with, regardless of list price/asking price. In other words, you'll find a home listed at $268,000, but you've seen at least a dozen other similarly constructed homes in the immediate area priced or sold at $235,000. What makes this home so special that it's priced $33,000 more than the average price? Remember, your Lender will appraise the home based on similar homes and those prices.
3. MAXIMUM OFFER. Never exceed the price based on your mortgage qualifications, no matter how much you LOVE the home. You have to be able to afford the payment for the next thirty years. That in-ground swimming pool you love isn't going to pay the mortgage for you!
4. OFFERS ARE NOT PERSONAL. An offering price can NEVER be misconstrued as an insult to the homeowner. This is business; you're not going to hurt anyone's feelings! Make the offer based on a price you're most comfortable with!
5. OPENING OFFER. NEVER open with your maximum offering price. Test the waters with your opening bid: you want to see if this Seller is a SERIOUS Seller who understands this is a BUYER'S MARKET. If there's no reaction to your offer---assuming the price you offered is within the reasonable range of current market prices---you may be wasting your time with this home/Seller. It might be time to move on to another home.
See my "Five Steps To Making An Offer" for the best way to negotiate on your home purchase.
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Greg Smith might be able to help you. He is with Main Street Appraisals. I believe he can do a rush appraisal for around $750 or so. I assume there are other appraisers as well that could do a rush, I'm just not sure on their price.
Eldud you should have 3 credit scores the bank will use the middle score for mortgage purposes. I suggest you speak with a credit expert. Usually a bank or a mortgage representative can refer you to a reputable vendor. Good luck.... more
Not as far as I know, the lowest I've seen is 10% down and you must have a very high credit score to pay only 10% down. Each case is different, depends on the age of the Mobile Home and your credit scores. Check with VUE credit union, Cap. Credit Union, Starion Bank, Dakota Community Bank and Gate City Bank to learn more about their programs.... more
You need to call your agent and let them know what is going on. You need to review all copies of the contract for an out. Most builders contracts call for a nonrefundable deposit but there may be a financing clause that lets you out with a return of the construction deposit that the builder has.... more