Real Estate

It is not "quick claim" but "QUIT Claim"! It is a type of deed in which the owner of a property relinquishes all claims to ownership in a property in favor of the buyer. It is not as good a title as a Warranty Deed. That can impact future sales of the property.

A "short sale" is a sale for less than the owner owes on the property. The owner must pay the difference between the sale price and the balance due to the lender, or arrange for the lender to settle for the sale price of the property. That is why it is necessary to obtain the permission of the lender (who holds a lien on the property until the loan or mortgage is paid in full) to do a short sale.

A word of warning: the IRS has recently determined that if the lender settles for less than the payoff amount of the mortgage/loan, the borrower must pay income taxes on the amount "forgiven."

A local realestate agency does not list any MLS listing on her site the PRMOTES ALL MLS listings that are listed by dicount brokerages. She is by far the biggest agency in my area, accounting for nearly half of all home sale listings. Some refer to it as a monopoly.

Since she promotes that her search engine on her site pulls up all MLS listings, could some one not seek a liability case? I know it is against the law for realtors to intentionally bypass FSBO listings, or dicounted brokerage listings. What is amazing is 95% of these sellers she bypasses in her system ARE OFFERING 3% to a selling agent. The other few are offering 2.5%.

I’m one of those excluded, despite being in the MLS and offering a commission. I had my brother call her agency about my home, they told him "it is not something you would be interested in, trust me!" They have never even seen it! Do I have a case?

This is an interesting question.

If she is advertising that she is allowing searches of all MLS properties and is screening out discount brokers and or lower commission offerings I would think that you could file a complaint against her with the MLS, local board of Realtors (if she is a Realtor), the state regulatory agency for agents/brokers for false advertising. You could contact the federal anti-trust attorney(s) they are always happy to look into real estate brokerages. By the way if they can turn up a antitrust case you get treble damages (if you can show that you were damaged).

Good luck

I am a newly licensed loan originator, and would like to view available property in the Chicago area, however my interest does not include the actual selling of realestate.

TO VEIW ALL THE DETAILS, YES YOU HAVE TO BE LICENSED AND THEN BECOME A MEMBER OF THE BOARD OF REALTORS. BUT YOU CAN FIND PUBLIC MLS SYSTEMS. YOU WONT BE ABLE TO SEE ALL THE INFO, BUT YOU CAN GET AN IDEA OF THE PROPERTY. LIKE FOR ME IN OKLAHOMA, NON-REALTORS CAN LOOK AT WWW.MLSGATEWAY.COM OR YOU CAN DO WHAT A LOT OF MY INVESTORS DO, FIND ONE REALTOR, TELL HIM/HER WHAT YOU ARE LOOKING FOR, AND HAVE THEM SEND YOU THE INFO EVERY DAY OR WEEK TO YOUR EMAIL ADDRESS. THAT WAY YOU CAN ALWAYS SEE WHATS NEW.

For everyone who owns a home- what are your utility bills like.
How much do you pay for electricity, gas, water etc…
I want to buy a home in Lombard IL.
If anyone is from there can you tell me what the property taxes are?

theres a lot more to it than that…all these figures are based on size of house, number of people living there, city, state, and how much you paid for it and how much down you put…

I’m starting a classified ads website and i’m wondering if I can add listings that local real estate companies have listed on there website to my "real estate" portion of my local classified ads website?

I’m planning on putting all the information up on who to contact in regards to the listing.

I would think if you had permission from the companies as well as whatever source you are using to obtain the information. Stealing content from another web site would be illegal.

I want to rent a house in san diego but am having difficulty finding the time to look for one. I want to pay someone to find one for me, any ideas who to call?

Most large agencies will have rentals.

Here are a few that I see have good ratings on Yahoo local in or near San Diego.

www.teambourda.com
http://www.californiamoves.com/property/PropertySearch.aspx?propsearch=4

I recently finished college with an associates degree, and currently I work at Amphenol in Sidney, For about 2yrs I have wanted to step into the realestate field and now I just need to know the best way to get started.

i took my test ( i have a high school education) i passed it first time..and have a license…i think you could get abrokers license but you should just ask dept or real estate in your state…i studied my test at home with a video tape ..i wathced it over and over and over again and when i wen to take my test…i knew 95% of the answers including the math..the way the tape was presented to me was.."if you watch a movie once..and someone askeds you ?"wahat did theat guy say about the bomb"? you might not remember..but if you saw the same movie about 20 times in a row.., you would be able to quote the actor..word for word! its all reptiton and that s how i got my license good luck on getting yours..then just join a real estate office and your in like flyn…

The use of an environmental disclosure report will generally protect you from any liability. More detailed information will most likely be state specific.

Read this article for more information:
http://realtytimes.com/rtapages/20060207_hazards.htm

i found one site a while back that showed pictures of property listed for trade but can’t find it again any help will be appriciated

www.CraigsList.com

Click your city and off you go…

i found one site a while back that showed pictures of property listed for trade but can’t find it again any help will be appriciated

www.CraigsList.com

Click your city and off you go…