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How Much House Sold For All Locations : Nationwide Real Estate Advice

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Showing results for How Much House Sold For [Clear search]
Fri Apr 19, 2013
Darrin Tinsley answered:
That money would go to the estate assuming there was actually any overage after everything was said and done. If the previous owner was subject to probate and a probate was never opened then what? I would like to see where this goes please keep me posted. ... more
0 votes 15 answers Share Flag
Wed Apr 10, 2013
Keith Jean-Pierre answered:
From the information you provided, seems like it might be a possible candidate but the hindrance would be your short job history. You might want to speak to a mortgage broker to determine your exact situation. ... more
0 votes 2 answers Share Flag
Wed Apr 10, 2013
Bcspabliss answered:
* I meant in question, home sold at auction and became buyer's agent to his clients on the home in less than two weeks from auction. They semi/flipped in one week and had open house the next! ... more
0 votes 8 answers Share Flag
Wed May 8, 2013
Bryan Tobiason answered:
Are you just looking for a Ranch on some acreage or what in particular interested you about this house?
0 votes 5 answers Share Flag
Wed Sep 25, 2013
Morgan Schutters answered:
Hi Matthew! I have a lot of clients looking for homes in City View; would you be interested in listing with me? I'd love to talk to you more. I will work hard for you to sell your home. Call me or text at 806-340-0416 or you can also email me at morganS@kw.com. I work for Keller Williams Realty here in Amarillo and I'd love to discuss your options and what I could do to help you and try to answer any questions you might have! Look forward to talking to you soon :)
Morgan
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0 votes 10 answers Share Flag
Wed Apr 24, 2013
Elena Talis answered:
It depends on the lease. If she is in a middle of a year lease you should talk to her and find out on which conditions she will agree to move. It is much easier if she is on month-to-month. ... more
0 votes 8 answers Share Flag
Fri Aug 9, 2013
Cassandra M. Bickel answered:
Chris,
The best way to figure this is to ask a few questions.

1. Are you doing the work yourself or hiring someone. (If you are hiring someone, please get a couple quotes from professionals that are licensed/insured/bonded). Getting a quote will give you a good cost of the project.

2. Are you doing this for value reasons or to make your life/living situation better/easier. One of these has got to be the primary reason even if both have a big role.

3. Are you planning on staying in the house long term or just 1-3 more years?

4. What is the difference in houses in your neighborhood with 1 bath versus 2. And what is your average inflation in your market?


By answering these questions you will be able to find out if you should recoup the cost. If homes are not appreciating at a great rate and there is only a $5-10K difference in price, AND you are only planning to stay for a short time, then it probably doesnt make financial sense,

However, if having 1 bath is a huge burden and you need that 2nd one to make your life a little easier, then you might be better off doing the project. Just expect that you might not recoup all the money you spent on the project.

Good luck.

Cassandra Bickel, REALTOR
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0 votes 13 answers Share Flag
Wed Apr 10, 2013
David Henry answered:
As I'm sure you might expect, it depends! Home values vary greatly in our area depending on location, quality of construction, acreage and of course mountain views. For example, I have two homes under contract, both of which are 3 bed, 2 bath, similar square footage. The price is over $100,000 apart due to the previously mentioned characteristics. Our terrain is not conducive to large tract built communities like you may find in AZ or in FL. So web sites that give you estimates of value are typically way off base in our area, homes in close proximity can sell for very different prices.

My suggestion would be select a realtor, establish a relationship, and begin the process of finding the type of property you are looking for. This will help you understand our local market and get a much better idea of price you can expect for a particular type of home.

And one last thing, an indicator of where our market seems to be heading: The last three offers I wrote for buyers were all in competition with multiple offers!
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0 votes 4 answers Share Flag
Tue May 7, 2013
Patricia Candito answered:
Good Morning,
I have been negotiting sales in Naples for 30 years & I can tell you ALL sellers are different. The ONLY way to find out what their bottom line is, is for you to make an offer. However, that being said, please ask a Realtor to give you a market ananlysis on the neighborhood & home & get you as much information as possible on the reason the home is on the market. If you go in with a "lowball Insulting" offer, the seller most likely will not respond. You want to start at a fair offer to engage the seller to communicate with you so you can find out his bottom line. Please let me know if I can be of any help by e mailing me at pfcandito@johnrwood.com or calling me at 239-290-5236. Have a great day ... more
0 votes 20 answers Share Flag
Wed Apr 10, 2013
Myra Gouger answered:
Good luck finding it. Most of us have been looking for this type of home for clients for a long time. The competition is fierce for homes in this price range. You will have to go $10,00 or so over the list price to get the home. BTW: you will be competing with about 15 other people who will also be paying cash. ... more
0 votes 9 answers Share Flag
Thu Feb 6, 2014
Sloan Yorek answered:
I'd recommend speaking with DeAnna Morgan with Benchmark, she can probably work with this... 817-944-8094 or DeAnna.Morgan@benchmark.us
0 votes 20 answers Share Flag
Mon Jun 17, 2013
Geoff Ommen answered:
That is a really bold question. If you are working with an agent (and you should be) they would be able to provide you with comparative properties to reach a fair number. Your offer price at that point would be completely educated. Your agent will help you position the offer so that it has the best chance of being accepted at a price you deem correct.

Geoff Ommen
Broker Baird & Warner
847-271-2622
geoff.ommen@bairdwarner.com
www.geoffgetsit.com
... more
0 votes 10 answers Share Flag
Wed Apr 10, 2013
Karen M. Riscinto CDPE, CIPS, TRC, MRP answered:
No Not At All. I Can Help You Find A New Home And Also Help You While It is Being built. My Former Life I Was A Developer Building New Homes.I

My Name Is Karen Riscinto With Vangie Berry Signature Realty

My Cell Phone Is 352- 250 -3166

I Look Forward To Talking With You.

karen
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0 votes 9 answers Share Flag
Sun Jul 28, 2013
Jenny May answered:
Ive lived in the City of Coral Gables for the past 20 years and have listed and sold homes for the past 12 years. Please call me at jmay@metro1properties.com or call me at 305-801-7511 so that I can assist you with your mortgage needs. I have the perfect person to do the job who has closed many loans in Coral Gables. ... more
0 votes 8 answers Share Flag
Thu Apr 11, 2013
Frederic Din answered:
HI Rick, thank you for asking your questions on http://trulia.com

I appreciate your question and agree that many believe the banks/lender/investors are holding foreclosed properties in inventory and may be slow to release them.

I can see this affecting properties only for a short term, I mean there is demand in homes for sale, sales prices are rising slightly ( I recently blogged about this and you can read more at http://blog.imperialvalleyreo.com) and interest rates are low, so home buyers can afford more home.

Locally there are some properties that are still vacant and are not on the market, I know as I inspect these for banks/lenders and investors, some foreclosure properties are being rented/leased back to the occupant or prior owner thus paying their rents to FannieMae or FreddieMac.

But back to your question, right now we are in a sellers market, I blogged about this same topic and touch base regarding a buyers market as well, you can read more about it here http://blog.imperialvalleyreo.com/?p=1517

I hope this helps answer your question and understand this, homes are a long term investment. Meaning, home values and prices will rise and fall, but ever so slightly either way, but if your goal is to hold/live in the home for more than 5 or 10 years, you should definitely see an increase in value, just as long as the buyers do not continue to tap into any equity that comes around and as long as the home is taken care of and updated.

Let me know how I can help you further, thank you.

Sincerely,
Frederic Din, REALTOR(R)
"Your Imperial Valley Housing Specialist"
CA DRE Lic #01274420
info@ivforeclosures.com

Call: 760-235-4885
FAX: 760-259-2037

View listings on the go
Info & photos on your cell phone
Text GOTO IVREO to 95495
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0 votes 5 answers Share Flag
Sun Apr 14, 2013
Patricia Isom answered:
If a home is staged properly it could mean the difference between selling your home and not selling it. Think about a model home. When potential home buyers walk in the home immediately catches their attention. Why? Because the home has been staged to do that. ... more
0 votes 11 answers Share Flag
Tue Apr 8, 2014
Bill Mccord answered:
This is the Free Market in it's most perfect form. Housing is a Commodity where there is currently more Demand than Supply. (At least in Silicon Valley)
Sellers sensibly sell to the best (NOT ALWAYS HIGHEST) Bidder.
"Week" Buyers drop out of the game.
Rising prices bring out more Sellers.
Prices stabilize and a period of calm ensues.
After a variable amount of time (often years) the cycle begins again, either upward or downward.

If you choose to continue play then you need to be aware of all the options available to year during this phase of the cycle, including the Pro's and Con's of dropping out.
As you are competing most of the time with professional investors you need to know the rules they play under. You need professional help.
Good luck
Bill
... more
0 votes 16 answers Share Flag
Tue Apr 9, 2013
Chase Lenz answered:
These are questions that your agent should be happy to answer for you.
Are you currently working with an agent?
If not, call or email me privately and I will provide you with an analysis and comparable sold properties to back it up.

Thanks,
Chase
612-819-4474
chase@sp-realestate.com
... more
0 votes 8 answers Share Flag
Wed Apr 10, 2013
Michael Cheng answered:
That's a slippery slope to go down. What if you're compared by the dollar volume of transactions as a more valid sign of expertise? 26 transactions at $100K each is very different than 26 at $1M each.

In the Bay Area, there are agents who do just 5-10 sales a year (a novice by your standards), but close $50-150M in sales.
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0 votes 11 answers Share Flag
Fri Aug 16, 2013
The Medford Team answered:
Overbidding is everywhere in the current Bay Area:

2 posts to read:

Current Bay Area Market NOT A Bubble: Top 5 Buyer Recommendations
http://bit.ly/1460Yzt

Tough Year Ahead: Top 10 Issues Facing Bay Area Buyers
http://bit.ly/W6J2zc

Like many Alameda County Realtors, I spend time almost every day writing offers. Each offer represents a client’s hopes, dreams and aspirations and, in many cases, their frustrations as offer after offer meets with rejection. While it’s true that we ARE getting offers accepted, when you have one property and thirty hopefuls, at the end of the day, only one gets the keys. The remaining twenty-nine go off to the succeeding round of open houses hoping to get lucky the next go-round. While some buyers may fade away in defeat, others join in the dance bringing new energy and hope to the melee.

While house after house comes on the market only to disappear just a few days later, one constant remains: multiple offers. It’s been so long since we’ve experienced a “normal market in the Bay Area – either we have a down market with multiple houses and one offer … or today’s red-hot market with one house receiving multiple offers. The trick is to figure out what type of market you are currently in and leverage that market to your advantage.

Since we’re currently in a seller’s market and multiple offers are a given, it’s important to understand the existing market metrics. In a recent meeting with Central County agents, Carole Rodoni,* President of Bamboo Consulting, outlined the following guidelines:

List Price Price per offer submitted
$200,000-$400,000: increase of $2,500-$5,000 for every offer including yours
$400,000-$800,000: increase of $7,500-$10,000 for every offer including yours
$800,000-$2,000,000: increase of $12,000-$15,000 for every offer including yours
$2,000,000 and above: increase of $20,000-$25,000 for every offer including yours

While it’s obvious that there are no absolutes here – every home receiving offers is different based on condition, amenities, location and a number of other factors – these formulas at least provide a framework with which to begin. The fundamental key is determining whether or not any give property’s list price is realistic – if it’s low, you have to adjust upwards; high, you tweak it down. Another key is trying to get feedback from the listing agent as to how many offers are either already in hand or anticipated.

Thinking of simply writing an offer at list price? Your chances in the current market closely resemble those of a snowball in a very hot place … it may look pretty for a few seconds, but will quickly disappear in a burst of steam.

*Carole Rodoni was formerly President of Fox and Carskadon Real Estate, Chief Operating Officer of Cornish and Carey Real Estate, and President of Alain Pinel Realtors.
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