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Plattsmouth : Real Estate Advice

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  • Local Info1
  • Home Buying3
  • Home Selling2
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Activity 13
Sun Oct 30, 2016
Shuster answered:
For me it would be the price.
0 votes 2 answers Share Flag
Tue Apr 5, 2016
Mark Wilson answered:
If you are looking for the typical or average realtor commission in Nebraska, ListingBidder.com has recent 2016 data for listing proposals from real estate agents. This data shows that on the open market, where Realtors compete by submitting their marketing proposal and real estate commission fee rate, the total commission ask ranges from 3.0% to 6.0%. These commission rates vary by zip code and almost show a perfect bell curve with the bulk of these proposals falling around 4.75% nationally. Whether you are looking for the average rate in Pennsylvania or the average rate in Oklahoma, we have found the rate varies by zip code because the ask rate tends to drop as the home values increase. We would love to help you find a realtor at a competitive rate: https://www.ListingBidder.com

Note: These figures represent the total commission rate which is usually split between the Listing agent and the Buying agent.
... more
0 votes 6 answers Share Flag
Mon Jul 29, 2013
Amarsullivan answered:
I'm not sure how that could pass on to a new owner. I'd call the Cass County treasurer's office. Here is what the gov reg says..

REG-40-002 GENERAL RULES APPLICABLE TO PROPERTY TAX EXEMPTIONS

002.01 All property in the State is subject to property tax unless an exemption is mandated or permitted by the Nebraska Constitution and enabling legislation is adopted by the Legislature. Federal law may supersede the Nebraska Constitution with regard to taxation of property owned by the federal government or its agencies or instrumentalities.

002.02 Property tax exemptions are to be strictly construed and the burden of proof is on the party seeking an exemption to show that the property is eligible for exemption. Property tax exemptions may be allowed based on the inherent nature of the property, the ownership of the property, the use of the property, or a combination of these factors.

002.03 The following property is exempt from property taxes:

002.03A Property owned by the state and its governmental subdivisions that is used or being developed for use for a public purpose. See Chapter 15, Property Owned by the State and Governmental Subdivisions Regulations;

002.03B Property owned by and used exclusively for agricultural and horticultural societies;

002.03C Property owned by educational, religious, charitable, or cemetery organizations or any organization created for the exclusive benefit of any qualified organization, and used exclusively for educational, religious, charitable, or cemetery purposes. The property cannot be (1) owned or used for financial gain or profit to either the owner or user, (2) used for the sale of alcoholic liquors for more than 20 hours per week, or (3) owned or used by an organization which discriminates in membership or employment based on race, color, or national origin;

002.03D Household goods and personal effects not owned or used for financial gain or profit to either the owner or user;

002.03E The increased value of land by reason of shade and ornamental trees planted along the highway;

002.03F Non-depreciable tangible personal property;

002.03G Motor vehicles required to be registered for operation on the highways of this state;

002.03H Business and agricultural inventory which includes personal property owned for purposes of leasing or renting the property to others for financial gain only if the personal property (1) is leased or rented 30 days or less, in the ordinary course of business, (2) may be returned at the option of the lessee or renter at any time, and (3) is considered household goods or personal effects if owned by an individual;

002.03I Certain depreciable tangible personal property for a specified period of time when a taxpayer has signed an agreement pursuant to the Employment and Investment Growth Act or the Nebraska Advantage Act;

002.03J Livestock, which includes all animals or other living creatures used or raised for profit;

002.03K Depreciable tangible personal property used directly in the generation of electricity using wind as the fuel source, such as in certain wind energy generation facilities that are commissioned or in commercial operation; and

002.03L Personal property that is assembled, engineered, or processed as part of a data center, for the purpose of subsequent use at a physical location outside this state. Data center means computers, supporting equipment, and other organized assembly of hardware or software that are designed to centralize the storage, management, or dissemination of data and information.
... more
0 votes 1 answer Share Flag
Thu Jan 17, 2013
Anton Yost answered:
Hello Nobel, Did you start with your current lender, if you have a loan on the property. If not did you try Cass County Bank or Murray State Bank? Sometimes locals have broader opportunities. ... more
0 votes 2 answers Share Flag
Fri Feb 17, 2012
Hope2009 asked:
Fri Oct 14, 2011
Deluxe Realty answered:
Tara,

How much do you want this home? You say it's already significantly dropped prices, and you are aware that you are not the only person looking, and your Realtor suggests a specific price on it...

Are you a serious buyer? Make a serious offer, before someone else does and you start this process all over again, and you're not guaranteed to find another home that fits you well.

Another thing to consider: if the home is having a lot of difficulty to sell, perhaps there's something in the home that needs to be repaired or rehabilitated?

Good Luck.

Mark Fleysher
www.jackconleyrealty.com
... more
0 votes 15 answers Share Flag
Sat Jun 18, 2011
Bruce Lang answered:
Wed Jan 12, 2011
Corey Sprague, Realtor answered:
Set your attorney loose. Make sure they specialize in such matters and that you have all your documentation lined up and organized. Good luck!
0 votes 2 answers Share Flag
Thu Dec 9, 2010
David Jaffe answered:
Hi Looking 4 Help,

I would recommend you consult with a mortgage lender to see if you qualify for a mortgage. There are FHA programs that allow you to put as little as 3.5% down, you can also have the Seller pay for your closing costs (as part of the offer), including any points you are paying on the loan. There are also first time home buyer programs that offer financial assistance for borrowers if they qualify based on credit and lower income threasholds.

Consider speaking with a Real Estate professional to guide you through the home buyer process and programs that are offered for Buyers.

Best of luck,

David Jaffe-SRES, CDPE
Realtor-Coldwell Banker
... more
0 votes 1 answer Share Flag
Wed Mar 31, 2010
Karen Stephens answered:
FHA guidelines for housing vary with manufactured and "frame built" houses. Let me explain a bit. manufactured housing is a pre-built structure that has the steel beams it was built on still attached. Your typical mobile home in a park is manufactured. A modular home had those beams removed when it was set in place. These can look manufactured but are viewed differently by lending institutions. Manufactured homes finance with 20% down usually, as the asset is considered depreciating. A modular home finances like a regular home as an appreciating asset. Older manufactured homes generally have stricter rules than newer ones.

FHA guildelines have to do with the condition of the home. They have to meet certain criteria to make sure the home meets a basic standard of living before the FHA will allow loans to be placed against the asset. Some of the criteria is that there cannot be any peeling paint; there cannot be any exposed wires, such as electric light that was removed and the wires capped but not enclosed in a box. The systems in the house have to be in working order, the water drainage around the house has to have a minimum slope, etc. I have not been there in a while, however, I would guide you to the FHA website to look for specific answers. In addition, your lending institution may have additional answers or could lead you to them.

You can go to the County assessors office and look up information on the home. I did not find it for sale on Realtor.com so I cannot see any specific information regarding the home. Contact a local REALTOR, we can be most helpful.
... more
0 votes 1 answer Share Flag
Mon Sep 21, 2009
Bonnies asked:
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