For sale by owner?

March 12010

Please read my 360 blog and let me know what you think. Important information contained within. Please answer the poll question, too. I am still at a loss as to how, In America, they can legally prevent me from advertising my home for sale by owner in the MLS. What do you think?
leaptad , I can ask it in both places, if I want, to get more INFORMATIVE answers. Your answer isn’t one of them.

After reading your blog/rant, all I can say is, "Jeez, Louise, who lit the fuse on your tampon?"

They can legally refuse to list your home simply because the MLS is a private company and as such can do business with or refuse to do business with whomever they choose. So long as they do not discriminate based upon certain prohibited criteria (generally race, creed, color, religion, national origin, gender or family status when it comes to housing transactions) they are completely legal in refusing your listing.

I think you need to find a cut-rate realtor who will get your home listed with the MLS if you want it listed there. Keep in mind that unless you offer a full 3% split to the selling broker/agent, you’ll not likely get any benefit from the listing.

BTW, Dearie, it’s not the law that bars you from listing as you allude with your voting question on your blog/rant site. It’s the MLS. And they are fully within their rights to block your listing.

In santa barbara, CA where can I find the website for tax records listing home owners and sale information?

March 12010


it is always the county website no matter where you are

http://www.countyofsb.org/index.asp

Is there a national website that shows the purchase price for recent home sales?

March 12010

National is prefered, but I’m specifically looking for homes in Putnam County, NY or in the 10516 zip code if I need to be even more specific.

yahoo real estate that’s what I use

What are your top 5 things you do before listing your home for sale?

March 12010

What do you do to get your property ready?

Paint the interior and exterior

Clean or replace the carpets.

Fix everything that is broken

Remove all clutter from the house, especially stuff on counter tops and furniture. Remove all unnecessary furniture…. minimal is better. If you furniture is old and run down consider renting new furniture for a few months (make your house look like a model home)

Give the property curb appeal by keeping the yards in great shape and by planting colorful bedding plants in the flower beds

When showing the property open all the curtains and turn on all the lights…..try and get as much light into each room as possible.

Never leave the beds unmade and the house unkept.

Bottom line…make the house the best it can be. Neat, clean, and inviting. By doing these things you will sell your home quicker and get the highest possible sales price. These hints will more than pay for themselves.

I wonder how many people agree with this letter?

March 12010

A LETTER FROM THE BOSS:

To All My Valued Employees,

There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn’t pose a threat to your job. What does threaten your job however, is the changing political landscape in this country.

However, let me tell you some little tidbits of fact which might help you decide what is in your best interests.

First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every
business owner there is a Back Story. This back story is often neglected and overshadowed by what you see and hear. Sure, you see me park my Mercedes outside. You’ve seen my big home at last years Christmas party. I’m sure; all these flashy icons of luxury conjure up some idealized thoughts about my life.

However, what you don’t see is the BACK STORY:

I started this company 28 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living apartment was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn’t have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business — hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the Nordstrom’s for the latest hot fashion item, I was trolling through the discount store extracting any clothing item that didn’t look like it was birthed in the 70’s.

My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9am, mentally check in at about noon, and then leave at 5pm, I don’t. There is no "off" button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have the freedom. I eat, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to my hip like a 1 year old special-needs child. You, of course, only see the fruits of that garden — the nice house, the Mercedes, the vacations… you never realize the Back Story and the sacrifices I’ve made.

Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn’t. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.

Yes, business ownership has is benefits but the price I’ve paid is steep and not without wounds.

Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:

I am being taxed to death and the government thinks I don’t pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my "stimulus" check was? Zero.. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, the single unwed mother sitting at home pregnant with her fourth child waiting for her next welfare check? Obviously, government feels the latter is the economic stimulus of this country.

The fact is, if I deducted (Read: Stole) 50% of your paycheck you’d quit and you wouldn’t work here. I mean, why should you? That’s nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy.

Here is what many of you don’t understand … to stimulate the economy you need to stimulate what runs the economy. Had suddenly go

Now, the economy is falling apart and I, the guy that made all the right decisions and saved his money, have to bail-out all the people who didn’t. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.

Couldn’t have said it better myself! I applaud the person who wrote this letter.

What does it mean when i look up homes for sale and it says?

March 12010

that the price is 15,000

keep in mind, these are not foreclosed homes
they are not rented homes
and they are from california

http://realestate.yahoo.com/search/California/Pacific_Palisades/homes-for-sale?typeBak=realestate&p=Pacific+Palisades%2C+CA&type=classified&priceLow=0&priceHigh=50000&bedroomLow=&bathroomLow=&search=Search#m=b%3D1%26p%3DPacific%2520Palisades%252C%2520CA%26type%3Dclassified%26radius%3D%26lat%3D34.047045%26lon%3D-118.526514%26datelisted%3D%26priceLow%3D0%26priceHigh%3D50000%26bedroomLow%3D%26searchName%3D%26bathroomLow%3D%26sqLow%3D0%26sqHigh%3DUnlimited%26proptype%3Dall%26nhood%3Dall%26n%3D10%26view%3Dlist%26sortBy%3Dprice%25201
could it just mean they are renting out a room in the house fur such an amount of time?

Those are all rentals, that is 15k a month to rent the house, not buy it or rent a room, you get the whole house.

How do you find homes for sale that are owned by banks?

March 12010


personally I am in a business where agents suck up to me…so I just get them to make a list for me and my friends when we’re looking.

Would a house for sale that does not include a refrigerator prevent you from buying?

March 12010

Our house is due to go on the market tomorrow and I really don’t want to include our new refrigerator because it’s not even paid for yet. It’s one of those ones with the french doors, ice maker and freezer on the bottom. All of the other appliance in the kitchen are new also, but they are paid for. I’ve seen listings for homes that don’t include a refrigerator, but I’m wondering what the average person would think. Would this prevent you from buying the house? Thanks!

Thinking back over the houses I’ve owned, I can only remember one that came with the refrigerator. Most of the time, we’ve either moved the one we owned (and what a pain that was!) or bought a new one to go with the new house.

I wouldn’t worry about this turning off prospective buyers. Just make sure, as others have already mentioned, that your listing states VERY CLEARLY that the refrigerator is not included in the sale.

Can you buy a new house while in short sale with your fist?

March 12010

We cannot afford our partially remodeled home mortgage any longer because of the arm. Now we have been trying to get out of the house we are in now for years because it’s too small. We want to buy a single family home, ours is a townhouse, and start fresh. Our mortgage is more than what the home is worth. We were told we can buy a new home, move into it, stop making payments on the townhome while setting up proceedings for a short sale on the townhome. We were told that is really the only way to get into a new mortgage, since our mortgage now is only getting higher. Since you can’t get a good mortgage or one at all with a short sale on your credit? Is that true? If so, are we still responsible for making payments until the home sells in short sale? If we move into the new home and the townhome doesn’t sell for 6 months, will we be responsible for payments until then? How can we qualify for 2 homes? Especially since the laws are so stringent now. We live in MN if that helps.
I do know what the definition of short sale is, thanks……That was rude. Also, we were just pre-approved for a new home mortgage. We are looking at very inexpensive homes, so our payments will be less than they are now because of the lower interest rate and no association fees. If you’re not a mortgage or real estate professional then don’t bother answering. I’m looking for actual answers, not just opinions.
I knew I shouldn’t have asked this on yahoo answers, any yahoo can answer..

Our situation is extremely different, and obviously I will be contacting mortgage professionals as well as real estate professionals in my area to discuss this further against the advice I’ve already received.

Ouch. Im sorry to hear about your troubles. Unfortunately, if you cant afford the mortgage on the first one, you probably would not qualify for another. You need to talk with a Loan officer and see if there is any way they can help you. They "may", and I that is using that term lightly, be able to roll the loss on this home into a new one providing it will appraise. You will need to do a coinciding settlement. I don’t see that you will be able to move until your home is sold. Also, short sale does not mean it will sell shortly!

Dome House For Sale

March 12010

Shangri-La, Paradise can be yours! 6000 sq.ft house with 8 interconnecting domes, a 2,000 sq.ft separate building, a 32 ft. diameter grow-dome. All built with love by Nicole LaVoie of SoundWaveEnergy in beautiful Southern Colorado. Property has magnificent views of the Rocky Mountains and the Apishipa River Valley in Las Animas County.

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