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All Locations : Nationwide Real Estate Advice

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A few minutes ago
Dipiazzadenise answered:
This depends...if you are renting the home, will this be a "legal" bedroom with the egress window in your area? If so, it may be worth it. 3 bedroom rentals do bring in a higher price, however a bedroom in the basement won't be great for every family. For instance, a set of parents with two girls and a boy would want three bedrooms, but if all of those children are under the teen ages- then they would probably not want a basement bedroom. Yet, a family with teenagers, or a single mom that wants to share her space with an adult friend to help with housing costs may love the split design. (If you are renting section 8 homes, you also get more for three bedrooms and there is a higher demand- but the codes may even be more strict than those for regular rentals- you will have to check with HUD for your area.)

If you are selling the house? I would say "no." You could very easily get a few quotes to have the egress window and show it to prospective buyers. Listing it as a "possible third bedroom." This may give buyers who want three bedrooms an incentive to purchase your home, for a little more than a 2 bedroom might go for, if it is just a simple conversion. They may see it as a "deal," and you may get a bit more money for this on your home. However, putting in the window and trying to just push it as a "three" bedroom might not fly with perspective buyers, and it probably won't bring you the same money as other three bedroom homes in your area.

Hope that helps! Good luck.
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A few hours ago
Chris asked:
I read that the realtors may provide an appraiser with recent comps and/or a prepared packet of information on the property especially as the appraisers may not be familiar with the neighborhoods…
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A few hours ago
Nataliedallo asked:
A few hours ago
Prodeysean asked:
A few hours ago
Prodeysean asked:
A few hours ago
Emile Hutchins-mccain answered:
If a Realtor list a house with Heating-Forced air and Cooling-Central, upon being shown the house you find there isn't a source for heat or air. Must seller provide heating and air before closing? ... more
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A few hours ago
MiLiving answered:
QUESTION CONTINUED: There is HUD home that I want to purchase. It has been listed since May 2017 but no lender is willing to approve financing because of plumbing and septic tank issues. It has had a few bids over the past few months but everything has fallen through.

It was originally listed for $108k, price dropped to $98k in July.

I offered $58k cash and they countered with $91k. The house needs a lot of work, definitely not worth more than $60k based on repair estimates.

When can I expect another price drop?

Feedback from Investors with experience in purchasing HUD properties will be greatly appreciated.

Thank you
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A few hours ago
Danielprecel asked:
A few hours ago
Dontemailmehere11 answered:
I'm would like to sell my 3bdrm/2bth condo on the 3rd floor at Portofino condos. please email me at jewelsnv.702@gmail.com if interested. my name is Jacque.
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A few hours ago
Shunt asked:
A few hours ago
Frosty4387 asked:
Looking for something a little remote, around 1 to 5 acres, 3 bdrms, at least 2 baths, at least 2 car garage. Price range up to say $175,000.00
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A few hours ago
Kathy Burgreen answered:
Do not move! Listen to 1010AM or 88AM for traffic reports from NJ into Manhattan / Queens / Brooklyn. Traffic is a nightmare over the Lincoln Tunnel, Holland Tunnel, GW Bridge & Verrazano Bridge. You will not cut the commute time any faster than where you live now. Due to the density of NYC and the suburbs, driving is and will always be a nightmare. ... more
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A few hours ago
Frosty4387 answered:
Electricians typically bid a new home by the opening. Each receptacle, switch, light fixture is an opening. A larger box that has two switches is two openings, and 3 switches is 3 openings, ect. Add up the openings and multiply by a set fee per opening, say $30 then add the cost of the Service Entrance, Stove circuit, Dryer Circuit, AC Circuit, Bathroom Exhaust fans, or any other special wiring. ... more
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A few hours ago
Unspecified asked:
A few hours ago
Otha Greer asked:
Why listing FMLS #5925972 for 195 14th Street, Unit 511, Atlanta, GA 30309 is not featured on your daily rental email notifications.
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A few hours ago
Debbie Bertetti asked:
A few hours ago
Mark Wilson answered:
Hi; give me your zip code and I'll be happy to find you an Agent; thanks!
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