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15090 : Real Estate Advice

  • All12
  • Local Info0
  • Home Buying3
  • Home Selling3
  • Market Conditions1

Activity 9
Wed Aug 17, 2016
UpNest Top Realtors answered:
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Thu May 19, 2016
MCM_STL answered:
Yes. You should report all income and expenses on your 1040 Schedule E and then the result of that document feeds into your main 1040 as part of your gross income.
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Wed Jan 20, 2016
Heiko asked:
Created account want to edit my property info. But nothing happens when I click on the "Edit home facts" link. Help Center doesn't work either.
http://www.trulia.com/…
0 votes 0 Answers Share Flag
Sun Sep 27, 2015
Diana Hellman answered:
Only real estate professionals can list on Trulia. Try Zillow instead.
0 votes 1 answer Share Flag
Thu Jun 4, 2015
My NC Homes Team answered:
You should speak with them and tell them you expect them to eat the overages (or a significant portion of them) or be prepared to have you file a formal complaint with the State Attorney Generals office and banking commission in PA.

There are some costs that are not permitted to exceed the good faith estimates by more than 10% by law. there are others that may exceed this 10% cap.
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Sat Oct 26, 2013
Monice Ming Tong answered:
To have a by-law have pros and cons. Most by-law try to govern the community to protect the value of the neighborhood. Imagine if you have too many rentasl in a neighborhood, it may affect the re-sale value of the community.

With the changes of mortgage guideline, it is possible that to restrict the number of rentals has something to do with whether the community is eligible for FHA finance in the future.

Selling with owner finance can be a way to go but there is always risk in it.
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0 votes 3 answers Share Flag
Thu Jan 5, 2012
Luther Wormack answered:
Hi Benlee,

I understand your concerns and it could very well be price. But let's take a moment and look deeper. Your home looks great but there is such a thing as too little furniture. I can see what you were going for but if I walked into the home I'd think, "boy these rooms are small." And that would be my overwhelming impression, that my furniture would not fit.

Also, I notice the lack of art work on the walls. There is almost nothing breaking up the rooms and defining the space. You need to give the potiental buyer a guide as to what they could be moving into. Their is just no direction. Give the buyer something they can see themselves in or something that they would just have to change. Either way they are picturing their lives in the home.

As for feed back, probably some bold drapery that goes to the floor and a few piece of art for the walls would do the trick maybe even a few well placed petite stands. Now, do not use lite oak stained frames, alittle bold art work goes along way. Again no wood stained frames! And let me know how it works out for you.
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0 votes 16 answers Share Flag
Sun Oct 3, 2010
Mike Netzel answered:
Marge,
Year to date the market is 1% ahead, according to our multi list.
Varies by neighborhood, price range, etc.
Your Neighborhood Professional,
Mike
Mike@TheMikeNetzelTeam.com
0 votes 4 answers Share Flag
Fri Feb 26, 2010
Monice Ming Tong answered:
This is a great question. Whoever can give you an accurate answer should work at Wall Street =)

In all market when the price starts going up, you know the house price has reached bottom.

In Wexford, it really depends on neighborhood and price range. A "detailed" market analysis will give you a better picture as to how the market is doing.

If you planning to move up (purchase a higher price range home), it is a good time to buy at a buyer's market. Usually, the higher the price range, the drop is more. But even if the rate is the same, you gain more. For example, you sell a home ($200,000) for 5% less and you purchase a bigger home for 5% less ($400,000), you actually "gain" $10,000.00
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