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Home Buying in Bowie : Real Estate Advice

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  • Local Info2
  • Home Buying9
  • Home Selling0
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Activity 11
Wed Sep 6, 2017
Tmata200 asked:
Tue Feb 12, 2013
Bruce Lynn answered:
the best bet would get a buyer's agent.
they'll normally provide this information if it is available before you make an offer.
0 votes 3 answers Share Flag
Fri Dec 14, 2012
Anna M Brocco answered:
Why not simply choose an agent to work with....
0 votes 2 answers Share Flag
Sun Jun 6, 2010
Akil Walker answered:
Competitive Market Analysis. This usually reflects; 1.)what is currently active in a particular market or neighborhood 2.) what has sold and under contract 3.) sometimes, what has been withdrawn or expired.

Depending on how active the market is in the area. You might want to you use the last 3 to 6 months. The more activity the less months you need.

This should give you a good reference point in terms of price.

Best of luck!
... more
0 votes 4 answers Share Flag
Sat Apr 24, 2010
Dallas Texas answered:
I am unconfirmed what is it in reference to:

PMA besides previous answer could mean
Property Mgmt Association

0 votes 2 answers Share Flag
Sat Apr 24, 2010
Dallas Texas answered:
Your buyers agent can assist you with all these questions.

Sales offer are based on many factors, best have all data

No Realtor can render an opinion to many unknowns

0 votes 3 answers Share Flag
Sat Oct 11, 2008
Scott Godzyk answered:
There is not one defination however one would think it includes at least 2 rooms and a larger than average bathroom, whirlpol tub, stand up shower, changing area and a walk in closet. hope this helps ... more
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Sat Sep 20, 2008
Kathy Fisher answered:
Hi I live and work in Wise County. THAT is a great question! First and foremost, to get the most up to date and accurate answers (because ALL of the programs are changing October 1st, 2008) you need to find a reputable lender in your area. IF you do not know one or have a good working relationship with your personal bank, try giving Julie Wallace at Premiere Lending here in Decatur a call. She works loans in several surrounding counties. Email me and I will give you all her contact information. I look forward to hearing from you. ... more
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Sat May 24, 2008
Karen Shrock-Jones answered:
Kenny, please check with an attorney before you begin the process.

We became homeowners in 1983 when a similar arrangement between my father and us collapsed. He'd heard from someone at work that he could help us buy a house by letting us rent for several years while he updated it and then we'd assume the mortgage on an updated house. We got a house under contract at a price point we could afford in 5 years per the plan, got quallified for the mortgage which my father was going to assume from us, and closed on the property. Then my father got cold feet and backed out. We ended up with more house than we could afford (dad did kick in for a year or so to help with the mortgage payments) with a new baby on the way and a negative cash flow when she arrived.

We were too wet behind the ears to check anything out, and my dad was a world class procrastinator. When he did check things out, we already owned the house and he found out that his tax shelter/help us buy our first house scheme would not work out. We struggled for years with the payments and maintenance on that house. My dad died in 1995 and it's been a sad bit of history between us. Throw a disgruntled stepmother into the background and the scenario doesn't get any prettier.

Check it out. Put the arrangement and agreements in writing as you would any other business venture. You'll be glad that you did. Then everyone will know they're on the same page if and when issues come up in the future.
... more
0 votes 7 answers Share Flag
Fri Nov 9, 2007
Adelina Rotar answered:
The REALTOR already did a CMA on the property. Did you see this CMA? How did the houses compare? You said that the "last house" that sold was $60K don't want to look at the last house that sold. Have your REALTOR check what the homes most similar to the one you're buying sold for. Like another REALTOR said earlier...median price include foreclosures, fixer-uppers, and high quality homes... Median prices may not be the best way to compare this house.... You can pay for an appraisal for the home or get your REALTOR to check the past 3-6 months of home sales in that neighborhood or within a mile radius. Place your offer based on what you find out. The house may very well be overpriced.....or it may be priced to sell given it's condition. Once you place an offer you will find out how motivated the sellers may be. ... more
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