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29036 : Real Estate Advice

  • All7
  • Local Info2
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 6
Mon Jan 16, 2017
USMortgageRanger answered:
Even though your land is value at $50,000 + the construction loan of $250,000 you are now in for $300,000 x 20% =$60,000. So you are a tad bit shy of PMI avoidance. I would suggest a HELOC 2nd since you will have equity in the home and use the 2nd to bring the first down to remove the PMI. Good Luck ... more
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Wed Feb 17, 2016
Karen Peyton answered:
You client will not be able to list their home on Trulia. You will have to do this for them.
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Fri Mar 7, 2014
Christine House answered:
A mortgage representative is going to be the one who can answer this accurately. It would be in your best interest to contact a banker your familiar with perhaps where you currently bank. I hope this helps good luck!
Christine House
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Sat Sep 7, 2013
Dennis Evans answered:
The Value will always vary depending on the exact location and what the property owners values it at... In the end... The real Value is what a Buyer is willing to pay for it....
I do agree that these views and location will make a property much more valuable and in the end... A quicker sale.... But the BUYER is the only one that can put that price on the property. ... more
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Mon Apr 18, 2011
David Chiles answered:
Thank you for your question about why more is not being done to improve the real estate market. The fact is that houses are not worth what their being marketed for. No one wants to buy a house that is losing value or live in one that is for sale. ... more
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Sat Mar 13, 2010
Julie Smith answered:
New construction is different than buying a previously owned home as far as pricing. Sometimes builders are willing to take less, but generally only if it has been on the market for longer than they want. However, many builders today are paying closing costs, which can save you thousands of dollars. The price you pay for a home is not necessarily the most important consideration. If a builder will pay your closing costs, you will not have so much cash to come out of your pocket at closing. I would advise that you not write an offer until you have considered these options, because once your offer is accepted, you cannot change it. I would be happy to help you make these choices where they will come out in your best interest.. Another option is to buy a home in the same neighborhood that is only a year or so older. Many of this type of home will sell for less than the owner paid for it. Please feel free to call me or e-mail me if I can help.
Julie Smith
RE/MAX Real Estate Services
Columbia, SC
... more
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