If you are a for sale by owner the post is not allowed; if and when you do list with a broker, ask your agent to post the listing, or consider any flat fee realty company that feeds into the site....... more
I have lived in Roseburg since 1975 so I know it very well. I don't speak Vietnamese however I have worked with multiple Vietnamese clients and they are friends...maybe they could help in translation.... more
If I understand you Candido...your home is already listed...and by asking the question I'm guessing you are frustrated in the progress, or lack of it in selling your home. As Realtors we have lines we can't cross and one is interfering with another agents contract. I'd be happy to discuss your listing...I might actually know which house it is off Calkins...You would need to contact me directly and I'd be happy to go online while speaking to you and give you the information...however you might also ask your agent the same question...... more
Yes, the selling agent (representing the buyer) can be paid 3% and the agent representing you the seller should receive a fee for their services which is usually a 3% fee. With all the work and expense that goes into today's transactions and the cost of doing business the fees are well earned. Please call me if I can assist you in marketing your property. Thank you!!... more
Sounds like an unusual situation. Perhaps the home owners completed a major upgrade or remodel, which added significant value to the home? If the home had an area that was unfinished and then completed and added square footage, that would add value as well. Perhaps a call to the listing agent could shed some light on this for you!... more
I am currently working on a tricky land contract. Always have an attorney go over the paperwork and make sure they are always handled through the title company and drawn up on the correct real estate forms for your state.... more
It depends what the question really is... if the appraisal is being done for a re-fi, the bank may only be willing to underwrite the home plus 5 acres - so comparing to other homes with 5+/- acres makes sense. Its not that the remaining land does not have value, but many loan programs will simply not accept acreage as collateral for a standard residential loan.
If its a "market value" comp, then you can still be compared to homes with less acreage, if those are readily available, but you would get an adjustment for your additional land.
There's a principal of value in real estate that the "buildable lot" has a certain value - whether thats 1/6 of an acre or 2 acres, or 5 acres - and then the remaining land has lesser value.
For example, in pricing an estate lot subdivision with a minimum acreage requirement of 1.5 acres per lot, the 1.5 acre lots have the highest value per acre and the 5 acre lots have a lower average price per acre.... more
If no homes sold for $600k in the last year, how did it appraise so high? How old is the appraisal? What comps were used for the appraisal? How long has the house been on the market at that price? Is the market declining in your area? Are homes selling in your area? The last three homes that did sell for over $600k, how long were they on the market? If you lease it out and the market declines, then what? Who is your target market? Are you reaching them?
And one last question, if you bought stock in Sprint at $25 per share and you needed to sell but the selling price was $17 per share, would you hold on to the stock waiting for it to go up to $25 again?