Look on Craigslist....or the local paper for what might be comparable rents. Also, how much is an apartment going for? What services are you providing? We usually use 1% of appraised value as a rule. So an 80,000 dollar home would be 800 a month.
If there is a glut of rentals...then it will be lower...conversely if there is a high demand then more may be charged.
Hope this helps.... more
Home is offered for Sale through Auction.com. Its currently occupied and occupants will not allow showings. They are selling home site unseen and it’s up to buyers to deal with occupants. Cash only sale.
Premier Ca Realty
Absolutely you may buy US property, but you may need to purchase with cash.
Obtaining a loan may be dificult with an F-1 visa, as you may not be allowed to work full time. If you are hoping to get a loan, you will need to have established credit (the higher your credit score, the better chances of a borrower obtaining a loan) or have solid cosigners. You may also need proof that you will be able to make the monthly mortgage payments.
If you will purchase via cash, you should find a Realtor or real estate agent to represent you. He or she can help you search for a property that will meet your needs within your price range.
If you find a property to your liking, the agent can help you draw up a sales contract, make an offer to the seller, and negotiate terms that will be favorable to you. An escrow company will serve as a third party if the seller accepts your offer. The escrow company will coordinate the purchase with the help of your agent.
You will need to investigate as much about the property including the condition of the home and the yard, location, neighbors, homeowners association and HOA dues (if applicable), etc., within a specific time frame.
There are several more steps that I can further explain but I do not want to be so long winded with my response.
If you need more information, please feel free to contact me. Best of luck to you. I hope this has been helpful!
Prudential California Realty
I'm going to send you a private email too! I admire anyone who is starting out in their own business...so I'd be happy to give you some contacts and ideas privately!
Good luck with this, great idea! You can market to agents, banks and consumers who buy these homes.
It is a common request of some listing agents, as well as new home builders, that you "double-app", to make sure one is ready when the escrow needs to close.
The advantage to you, is that you can play one against the other - ala "Lending Tree", getting the best terms from one at close of escrow.
The only downside I see is possibly having to pay for two appraisals.
Personally, I would prefer that my clients get a lock from my preferred lender, whom I trust to come through as he's said he would do. He hasn't failed me yet - in a lot of years.
Good luck deciding, and buying.... more
I'd say your first place to report would be to that agent's managing broker. Bring them your complaint, in plain English, clearly and calmly, and make sure you have any documentation of that rudeness and unethical behaviour. See if you get any results.
If not, you may want to escalate to that agent's board, and if still not (you may want to reconsider... OR) then to their governing body at the state level.
Good luck.... more
I may just be missing it but what is the P&S? You say you are 20 days into an escrow and have not removed any contingencies then technically you should be able back out of the escrow but review your contract about your rights to cancel and the effects of cancellation or call and ask your escrow officer to tell you those things. The contract is where you will find many answers.
You state you did not have a contract with her so I am assuming you are referring to a form called a Buyer Representation Agreement.
Changing agents when in escrow may be tricky, I assume you did sign a form called an Agency Disclosure stating your agent is representing you for this purchase and on this form it lists the agent's obligations to you. It also states that if they only represent the buyer (you and not seller too) then they have "a fiduciary duty of the utmost care and integrity, honesty and loyalty in dealings with the buyer", so If your agent has not acted in your best interests and you don't want to cancel the escrow see if there is another agent that can step in and complete the escrow, the tricky part. Call the agent's office ask for the office manager and let them know you want a different agent to complete the transaction and why. This way you keep the escrow going and can work with a different agent from that brokerage for the remainder of the transaction. This may not be the most ideal situation and I hope your agent is "acting weird" with good reason, have you asked her?
I have to ask, 20 days into the escrow have you done an inspection of the property? Have you received any other documents provided by the sellers or by the title company? Has the seller given you a Notice of Buyer to Perform? There are a lot of unanswered questions so this may not be the best answer for you but it sounds like you need to have a conversation with your agent, soon, and if that doesn't work talk with her manager.
Good luck with your escrow,
Brian Wilson, Realtor
DRE #01321478... more
It really depends on your state law but my overall answer would be yes. In Maryland it's the buyers right to select their own title company. Different companies have different fee schedules. If you select your title or escrow company you can compare services and prices.... more
Auction.com is not a traditional foreclosure auction, it is used to try and sell homes already foreclsoed that have been on the market a long time. Please note that the starting bid is just that, a starting bid, it is not the minimum, that is not stated, the minimum is the least amount the bank will take, often the starting bid is no where near the minimum. With this style of auction you can put in an early offer, if accepte dit is withdrawn from the auction. Once bidding starts you may be bidding against other potential buyers. An early offer is always recomended, at worst you will see what the banks minimum is through their counter offer. Buying it from the mls may allow you to have a mortgage contingincy or home insopection contingincy, buying from auction there are no contingincies. For anyone in NH who needs help with auction.com properties, please feel free to contact me to get inside or help with bidding
Please see my blog for tips and advice on buying bank owned homes.... more
Hi Carolnash. It really depends upon the attorney. Many cajole their way into a short sale transaction, charging exorbitant fees, which only serves to complicate things.
Some attorneys suggest that they will be able to audit the lender's paperwork, and come up with something to hold against them, but in my experience that is frequently nothing more than a bluff. When the attorney tries to get the lender to "cover" their involvement, the lenders frequently reject them - leading to a situation such as the one you seem to be experiencing
On the other hand, are attorney based "groups" which specialize in short sale negotiation, and typically only charge a 1% fee. I frequently rely on such a group in a more complicated transaction - one with more than one loan, for example - and that one percent can be paid by the agents ( reducing a 3% share, to 2.5% each.) or by the buyer. That 1% should not be a deal breaker, however.
I tried to sell a $650k short sale in Coto that had an attorney's bill of $25k, tacked on, that they were asking a buyer to come up with, which killed the deal. That house eventually went to foreclosure, and my guess is that the attorney either got nothing, or the former owner is now stuck with that bill. ( cough-BK-cough.).
If you're the potential buyer, you just might wait until the house goes to foreclosure, and then get a "cleaner" deal buying it as an REO, ( Bank owned property.) instead of a short sale.
The Coto property I mentioned, came back as an REO, at a lower price, and in better condition.
The above is strictly MY opinion, and should not be construed as legal advice.
Good luck in finding solutions to your problem.... more
I like the ones on Slater and Euclid because the garages have separate studios over the garage which is great for visitors, in-laws or some people even rent them out.
You can see these and more at www.400Khomes.com... more