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Montana : Real Estate Advice

  • All31
  • Local Info3
  • Home Buying13
  • Home Selling6
  • Market Conditions3

Activity 281
Fri Jun 21, 2013
Jay answered:
Check with Legacy Properties in Bozeman. Great people there.
0 votes 2 answers Share Flag
Thu May 31, 2012
Scott Godzyk answered:
James Trulia does not point to where the property is, they simple use a mapping software, usually google Maps. It could be a problem with the map or how the address was uploaded into the system. You should click the profile of the listing agent and let them know to change it manually. ... more
0 votes 1 answer Share Flag
Tue May 22, 2012
Rob Klatt answered:
Kip,

Right now there are almost no rentals available. We do not have a list and I currently do not know of a single house available for rent. If you havean RV, there are RV spaces for rent. That might be your best bet at this time of the year here in West Yellowstone.

Rob Klatt
Broker
The Real Estate Agency
406-646-9523
wybroker@aol.com
... more
0 votes 2 answers Share Flag
Fri Mar 28, 2014
Aaron Pagniano answered:
Hey Kim,
There are many lenders and conventional banks which finance modular homes. Our market has lenders and mortgage brokers who are easily able to secure financing for modular homes. Some buyers find terms with smaller community banks, as well. Many homes in the Missoula area are modular or manufactured homes. If you would like more information let me know.

Thanks Kim,
Aaron
... more
0 votes 1 answer Share Flag
Tue Oct 23, 2012
Michael Cheng answered:
The hot kind? Radiation/convection/conduction?
0 votes 2 answers Share Flag
Tue Jun 26, 2012
Steve Dooling answered:
Hi Rfehr59 - my name is Steve Dooling and i am a real estate broker, who happens to live in between somers and lakeside, as a matter of fact! Prices in this local market, as in all markets, are dependent upon inventory levels and the competing properties. This is to say that the condo market is different from the sfr market, commercial and land market. I assume you are a home buyer and speak to that. This area has realised a modest correction, particularily on the higher end, but has been, for the most part, quite resilient as compared to other flathead and lake county properties. The reason is that there is very low turnover of homes in the area and is quite stable, and a small area as you know. Foreclosure rates have been dropping steadily. Prices have remained static for approx 6 months. Buyer activity was low in the first quarter (as is the norm) but the Canadian buyer is here with cash and looking. One never sees the bottom of the market until it has passed, but my experience tells me there is more buyer optimism now than in the prior 2 years.

As far as a cash offer vs. Financed offer goes, cash talks. Remember that buyers, when financing, are almost always pre-qualified in this market when making an offer. It depends on the sellers attitude as to how they view a cash offer vs.financed offer, but they all get cash at closing...but i will always reinforce to the seller that a cash offer removes all doubt!

Any questions, feel free to call me at (406) 253 - 9117
Steve Dooling
Broker
Trails West Real Estate
... more
0 votes 3 answers Share Flag
Tue Jun 26, 2012
Corey Olofson answered:
Terry, which home are you talking about. Shoot me an email at corey@buyorsellmontana.com and I can get you more information on the home and get you answers to your questions.
Corey
0 votes 5 answers Share Flag
Wed Sep 19, 2012
Sherry Fields answered:
Missoula is a small city with a big heart. One of the oldest parts of Missoula, known as the University district,has large stately turn of the century homes, many have been converted to apartments, condos and multi-unit dwellings, some with commercial uses. A large boulevard down center of Pine has been reconfigured in this section to reflect the original design of the street at the turn of the 20th century. This is the original home of the Wordens who together with the Higgins were the founders of Missoula. Walking distance to all amenities, the University of Montana and hospital.
There is lots of night life that suit the University crowd, with museums, live theatre, music and performances in the park. Additionally the University has brought some really big names in entertainment to the Adams Center.
The average price of a home right now is $200,000+ with a wide range of possibilities on either side of that figure.
... more
0 votes 8 answers Share Flag
Fri Apr 27, 2012
My NC Homes Team answered:
Typically most Realtors will charge between 5-6%. This is usually split equally between the lisiting company and the selling company. While what they charge certainly matters, it's not as important as what they do for what they charge. What the public tends not to know is that 80% of all new agents won't last more than two years in the business. That of those who do remain in the business, the average agent earns less than $40,000 a year before taxes. In other words the majority of agents working at any one time really aren't that great and unfortunately you don't really know how good or bad your agent is until it's over and too late.

Being successful in real estate requires a huge commitment of time and money and again unfortunately most agents consider real estate to be a low overhead business and end up with incomes to match.

I've attached a link below that you may find interesting on how to find a great Realtor.

I wish you all the best.
... more
0 votes 4 answers Share Flag
Tue Feb 4, 2014
Mary Marry answered:
Does it have to be in the 59808 area?
0 votes 3 answers Share Flag
Sat Apr 7, 2012
Mary E Perry asked:
I,m interested in a cheap property that property intriques me.
0 votes 0 Answers Share Flag
Mon Apr 2, 2012
Dan Tabit answered:
Montanadog,
I looked up the IRS site to be certain, here is their response and a link to the site to check for yourself.

Principal Private Residence

If you sell your house, including grounds of up to one acre (0.4047 hectares) and the house has been occupied as your sole or main residence throughout your period of ownership, you may be entitled to full Principal Private Residence relief (PPR relief) and therefore exempt from Capital Gains Tax on the sale. PPR relief is available to all vendors selling their home, there are a number of conditions for the relief but age is not one of them. This relief may be reduced where the home has also been used for business purposes or is being sold as development land. ... more
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Tue Mar 13, 2012
Rudy asked:
is it still for sale?
0 votes 0 Answers Share Flag
Mon Mar 12, 2012
Alan May answered:
If the seller has directed that listing agent to say that, then "yes". If it's your buyer's agent telling you that, then "no", it's not normal.
0 votes 3 answers Share Flag
Tue Mar 5, 2013
Kevin Bailey answered:
The Bitterroot valley has many subdivisions with covenants that say you cannot have chickens. Ideally You would want to find a parcel that has "No Covenants". And, the problem is when you are searching it is not usually advertised that it has "No Covenants". I would recommend having a Realtor to do a search for you. On the buying side it doesn't cost you anything additional to work with a Realtor as commissions are typically paid from the seller.
Kevin Bailey
EXIT Realty Missoula
506-544-5164
... more
0 votes 5 answers Share Flag
Tue Jul 10, 2012
Jeffrey Bent answered:
Pre-aproval is a simple process that usually requires you to make an appointment with a mortgage lender or your local bank. You will probably need to bring a copy of your most recent paystub and copies of your tax returns for the last 2 years. If you are not working with a lender yet I would recommend calling Mike Styren at Mann mortgage 406-587-8600. He is a very informative and easy to talk to. He is also one of a few lenders here in town that can get you into a mortgage credit certificate that might save you a couple hundred dollars a month on taxes. After you have your preapoval then you can make a very solid offer on a new home when you find one you like. Fell free to give me a call or an email if you have any other concerns or questions. Jeff Bent realty executives
406-579-4977 jeffbent7@yahoo.com. foreclosure and shortsale expert.
... more
0 votes 4 answers Share Flag
Sun Feb 26, 2012
Suzanne MacDowell answered:
I have heard the same thing, though I don't remember who was pushing this idea, I thought it was the President. Personally I am not sure this is such a good idea. In fact, I heard it had passed, but I don't have non-US citizens beating a path to my door, nor do I know any realtor who does. ... more
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