Real Estate

unpermited add on’s and coversions. i just found this out. i have about a 500 neg cash flow on it and im guessing its gonna cost big money to get the changes legal and permitted. im thinking of giving up the property to the mortgage company. what are my options?
the county is aware of it.

Is the county telling you to fix it? Before you consider giving it up, get some estimates on bringing your home up to code. It may seem like alot of changes/modifications, but an estimate will give you a clear picture of whether it’s worth keeping your home or not. Generally it’s not all that much to get an addition/modification permitted if the addition was done properly.The market won’t stay this way forever, and homes generally increase in value over time, so you may find out that your best bet would be to hang in there, get those estimates, see if the county will give you time (if they’re harassing you about it), and see if a lender or your lender might work with getting you the money you may need to make the needed corrections. Otherwise, if the county is not pushing the issue, make the corrections as you can afford to. A house up to code is worth more than a house that isn’t. If you have equity in your home and can afford to refi, then it might be a good idea to do so and keep your home. To do a deed in lieu of foreclosure is what I’m thinking you’re thinking, where you hand the keys to your lender and walk away from the home, but that is a decision the lender would make, and at this time many lenders are trying to have their clients stay in their homes rather than take them back. Lenders generally don’t want the hassle and expense of trying to resell the home. A foreclosure would mess you up big time with your credit. It would take at least 2 years before you could try again to get a home. Hope this helps, good luck

PENDING / PRIVATE / PERSONAL RESIDENTIAL

ok so i found a house in northville michigan that i am interested in and i can only find it at one website i have seen it somewhere before but i wasent too sure about it but now im really interested and cant find it i will give you the website and stuff

the house is on lilypad court.
in northville michigan

http://realestate.yahoo.com/Michigan/Northville/Homes_for_sale/67755910b3efde29fdc41912d8d4017b;_ylt=AmRfceb8dW_67wPeiuxvSDbnMrQs?typeBak=realestate&p=northville+michigan&type=classified&search=Search&priceLow=255000&priceHigh=260000&bedroomLow=&bathroomLow=

i know it has a number but im not ready to speak with someone yet. i just really want to see some pictures and read the rest of the desc. it doesent have an mls or i would be doing this myself well if anyone knows how to find it anywere else please help or give me the website.

try realtor.com

We are moving to the Grand Junction area in the next week and a half & I am trying to find listings of houses for sale by owner ..priced between 100,000 & 175,000 dollars…. Where can I find such listings? We have a realestate agent already.. so please no soliciters.. I just wanted to do some research of my own too & see if I can find something she didn’t…. More options ya know! Thanks for your help… & please no spammers

you might wanna try realitytrac.com but that is paid service.
but for first 30 days they have a trial period for free of charge.

Is this a bunch of bull or can someone explain the process. If it’s too lengthy then, it’s probably going to take a lot of work and research. If you are going to refer me to a web site that sells books, tapes, or a siminar then do not answer……Tired of all the sales pitches…

You have to get a 100% loan which means you have to have good credit and usually a higher interest rate. You will also have to pay mortgage insurance being you are not putting 20% down so your payment will be higher. Then The Seller has to agree to pay all of the closing costs, some mortgage companies won’t allow the seller to do this so some research may be involved.

when looking at homes for sale what does it mean when a home is no longer on a realestate listing and is under contract

Someone is buying it and they are in the process of signing the paperwork to do so.

Also how many hours do you work each week.

Generally there is no salary for a real estate agent. Their income is based solely on commission.

A good agent works a minimum of 40 hours a week, but usually many more than that when business is good. You need to be available whenever your clients want you.

the class costs like $2,500 to go for like 2 months and then you start work for someone, is it worth it, is their alot of property/realestate to be appraised?

I’ve been a Licensed Appraiser for roughly 9 years [Certified for the past 5 years]. The first few years are typically "brutal" because you must go through anywhere from two to three years of trainee duty. You start by finding a Supervisor that’s willing to act as a mentor during your initial 2,000 hours of experience requisite [most States]. The income during this trainee period is anywhere from $10K to $40K per year, so pretty horrid by most living standards.

The up-side is that once you get established and build your own practice; you have flexibility in your work schedule, the job is very enjoyable (IMO), and there’s six-figure income potential for those willing to work hard and continuously market themselves.

My recommendation is to approach appraisal as a part-time job and keep a primary source of income during the first two years (+/-) as a trainee. If you have a spouse that provides good income, then you may be able to jump in with both feet, but most people come aboard while carrying another job. I made the mistake of coming into the industry with no other income and it drained our hard-earned savings.

Best of luck! Average salary varies by area, but I believe it to be $65K on a National basis [salary.com is way off!]

Other realators have told me that my realtor hasn’t allowed them to show the house. It has been on the market for 9 months and the only decent offer I had fell through because the buyer wasn’t qualified. It also hasn’t been shown for over a month.

Call their broker. They should not be involved at all in the showing of your property by buyers agents. As long as you allowed a lockbox to be installed the agent is not really involved.

Your contract is not really with an agent, it is with the broker, the one with the real license. You can keep your contract and change agents without any difficulty at all.

Have a BlueGreen time sharre for sale. 7,000 points per year.
Located in Wisconsin Dells.Will sell for $5,000 or make an offer.

I’ll help you.
Post it at http://timeshareownerscommunity.com/ for free and let it be seen by owners and people in the industry.