Real Estate

With NYC coop rules not allowing signs for sale in the window or on the front doors, like residential homes use, I am curious to know what is the estimated percentage of homes sold that find the purchaser from the an agent utilizing the MLS.
Are most buyers found from an agent using MLS.
Is MLS the best channel or do the majority of purchasers come from online listings like craig list.

MLS is the best marketing tool plus the listing is entered into Realtor.com so goes nation wide. The are no fast percentages but most agents when looking for a home for a buyer WILL use the MLS before Craiglist.

I saw 5 bedroom and 5 bathroom houses listed for $9,000 and some for less I would like to know is this the sale price or lease price.

Think about it for a moment. A 5 bedroom house *selling* for 9k? If it’s selling that cheap, there must be an awful lot wrong with it. Leasing for 9k would be more accurate, but that seems awfully steep to me. It just depends on the area in which you are looking.

I need to by a mobile home

hi there,will this help your search?

http://www.local.com/results.aspx?keyword=mobile+homes&location=El+Paso%2C+Tx%3F&setlocation=on&newsearch=true

best wishes and good luck..

I noticed that homes currently for sale on Zillow.com do not show the zestimates or the historical pricing graphs. Is there any way to view these, or possibly another site that caches that information?
Thanks!
Leo F: The reason I want to know is to have more transparency as I compare. Maybe you could provide a link to a better site? (besides realtor.com)

Zillow estimates are a total waste of time, they’re only accurate if the owner of the house actually inputs information about them. I work for a mortgage lender and we pretty much laugh at people who argue their value based on zillow.

Your best bet is to go to the courthouse and ask for the information, they should be able to provide you previous sales prices and offering prices. You can check city-data.com for graphs on housing trends in your city, but they don’t split into specific neighborhoods.

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None of them because most aren’t up to date and the information provided doesn’t reflect what may actually going on. I understand your need to search on line, but use it only as a partial tool, one in which you consider features and amenities. But don’t take the value information for verbatim. It’s generally old and the property could have been sold by now.

When and if you qualify, and you need to talk to lenders first, to see what you can afford. Once you’re pre qualified, find a Realtor who has experience in selling these types of properties. For now I would shy away from "short sales", lenders take too much time making a decision. Fannie Mae and Freddie Mac properties are a good buy and they generally offer closing costs or new appliances. You can search their websites, they are up to date. Good Luck!

None. Foreclosed homes are owned by the banks/lenders. These properties costs them money each day they are on their books. Lenders are in business to make money, not lose money. And there is no emotion in their doing business. All foreclosed homes are listed with Realtors at some point deemed necessary by the lender. If you would like to buy a foreclosure, you’ll need to be pre qualified first, then find a Realtor knowledgable and experienced in handling these types of transactions.

I’ve been looking at some Foreclosures listings and I’m wondering which companies are real and which ones are not. I have a partner who purchased from the auctions, but he ended up paying 80% of market value on a "good deal" I’ve heard of one company called 21khomes.com that sales homes for 30 cent’s on the dollar. I’ve heard that they are legit. They claim to be direct with the banks. Only trouble is that they want proof of funds before they will show foreclosure listings. Is this normal?

I went to the bank and I asked the mortgage manager and he gave me a list.

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