You could purchase a home and have the mortgage payment be at or below $600 / month. It takes 30 days to close on a purchase. Otherwise, your best place to find rentals would be craigslist.com.
Are you willing to look at duplex's, are you a renter or a buyer? Once we establish your needs I can
help you with your options. Will the family and single person be related?
Call or email me with your specific needs and I will help you.
The market has turned quickly. Homes are selling quickly, inventory is down and sales are up.
Might have been a problem a year or two ago but now now.
My last 3 listings sold within a week and had multiple offers. My buyers have had to go over asking price to purchase homes because of the buyer competition.
Our market is one again strong.
A year or two ago your question would apply but now today.... more
If the addendum was signed and accepted by both parties, then that would be the agreed upon terms of sale. Best to contact your agents manager for a discussion with the seller and listing agent. They can advise if you need to review with an attorney to confirm details.... more
If the home you sold was your primary residence then you don't ever have to invest the proceeds into another home if you don't want to buy another home. If you are referring to doing a 1031 like kind exchange, to defer taxes on an investment property, then you would have had to designate the property you sold for this prupose at the time of the sale and you would have 180 days to identify the new investment property that you were buying and could not use the proceeds from the sale for any other purpose.
If you have further questions you would be better off speaking with your accountant or a lawyer in your area.... more
A downtown Omaha location that has massive potential for appreciation in the next 5 years is the North side of the Old Market...also known as the Capitol District. This area is is obviously anchored by the Century Link Center (formerly Qwest) and now a second anchor which is spurring major development over the next 2 years is the TD Ameritrade Park.
There are several historic buildings renovated into loft style condominium developments within a block of 10th/Dodge...Ford Lofts (1024 Dodge), 1000 Dodge (1008 Dodge St), 902 Dodge (902 Dodge St), and Beebe Runyan (105 S 9th St).
Businesses on this block include Nosh Wine Lounge, DJ's Dugout, , Blazing Pianos Bar, Spencers for Steaks & Chops, and Capitol Lounge...4 of these 5 businesses are all new within the past 18 months. The Omaha World Herald has written numerous articles in the past year about this growing area and specifically the future development of a new full service hotel, condos/apts, and restaurants/retail on the parking lot sight at 10th & Capitol. Not to mention that every viable land between Capitol and Cumming St is being looked at by developers hoping to steak their claim in a neighborhood that's going to host the College World Series for the next 30 years.
My name is Brady Bock, I'm a real estate agent with Prudential Ambassador and an owner at the Ford Lofts at 10th & Dodge since 2005. I LOVE living in this location and couldn't be more excited about the potential for future appreciation. If I was in the market right now for a downtown condo I'd be looking at the Capitol District neighborhood for a solid investment.
I'd be happy to answer questions for anyone looking at downtown Omaha living. You can contact me at 402.630.0555 or email@example.com
Prudential Ambassador Real Estate... more