Has just gone up in a lake community as a short sale. Located in Michigan. Comparitive prices are 100k to 180k(area home sales in the last 2 years). Any ideas? Should I ask for sellers concession? Appreciate any sound advice.
Asking price really doesn’t matter, the bank does not give a hoot about that. The offer should be based on a BPO, have your agent do one. Offer 85-90% of that.
There is a short sale home I’m interested in however I really don’t want to wait around forever for the bank to respond. If I make an offer and continue to look for other homes and find a different one, can I removed me offer from the first one?
If they don’t accept your offer before you decline, yes, you can remove your offer.
I want to live ALONE. With my dog. I want a single bedroom single bathroom house not an apartment because I don’t want to be that close to other people. Are these homes harder to find?
It will depend on where you are. 1 bedroom/1 bath though will be hard to find pretty much anywhere. You’d have much better luck with a 2 bedroom/1 bath. Those will most likely be older homes.
Selling our home. Is For Sale By Owner or other websites reliable, trustworthy and a good way to go? Who has experience with them? I need an answer from someone that is not a realtor.
I would give it a try. In this market, you could sell one as easily as a realtor. Be prepared for calls asking if you would finance.
We are moving to the area. I’d like to view homes for sale, but I’m having dificulty finding websites like the ones I use here in Washington. I just want to browse the MLS.
www.realtor.com
This is the website for the Nation Board of Realtors. It covers every MLS listed house in the entire country.
Go for it ! It’s fine. Make sure they go to nice people though.
I once sold a rabbit and found out the chap ate it !
So my son and I are moving to Morocco Africa this March. I am looking for a decent place to live but I only have about 7,000 US and can not seem to find anything close to reasonable. I want to either find something to rent or to put a down payment on in the areas of Mohammedia, Bouznika or Casablanca. It seems like all the houses are too big with a huge price tag or the flats are really small and still expensive! PLEASE HELP!
Housing is expensive in Morocco, especially in the areas you have chosen.
It is possible to buy a 2 bedroomed flat in Tangier for $30,000 US approximately. It will be a little out of the city but there are good bus services and petit taxis are cheap.
As a foreigner, you must put down half the money as a deposit and you can apply for a mortgage from a bank.
To operate successfully in Morocco, especially the north, you need to be able to speak Spanish and/or French. Arabic is a wonderful help, too. English is not widely spoken in banks and bureaucracies.
Do you have to go to the Casablanca region?
Are you married to a Moroccan?
Do you have work here?
Are you able to apply for une carte nationale?
One word of warning, new flats at the cheaper end of the market are sold without anything..no stove to cook on, no dishwasher, no frig, sometimes even no light fittings or globes.All these costs have to be factored in as well as the purchaser’s tax that must be paid within a month of purchasing the property.
I would rent first and see how you like it. Buying and selling property in Morocco is not easyI live here and have done for 12 years I bought my own house 9 years ago. It was not easy although I speak some Arabic and fluent French.
Bonne Chance
So my son and I are moving to Morocco Africa this March. I am looking for a decent place to live but I only have about 7,000 US and can not seem to find anything close to reasonable. I want to either find something to rent or to put a down payment on in the areas of Mohammedia, Bouznika or Casablanca. It seems like all the houses are too big with a huge price tag or the flats are really small and still expensive! PLEASE HELP!
Housing is expensive in Morocco, especially in the areas you have chosen.
It is possible to buy a 2 bedroomed flat in Tangier for $30,000 US approximately. It will be a little out of the city but there are good bus services and petit taxis are cheap.
As a foreigner, you must put down half the money as a deposit and you can apply for a mortgage from a bank.
To operate successfully in Morocco, especially the north, you need to be able to speak Spanish and/or French. Arabic is a wonderful help, too. English is not widely spoken in banks and bureaucracies.
Do you have to go to the Casablanca region?
Are you married to a Moroccan?
Do you have work here?
Are you able to apply for une carte nationale?
One word of warning, new flats at the cheaper end of the market are sold without anything..no stove to cook on, no dishwasher, no frig, sometimes even no light fittings or globes.All these costs have to be factored in as well as the purchaser’s tax that must be paid within a month of purchasing the property.
I would rent first and see how you like it. Buying and selling property in Morocco is not easyI live here and have done for 12 years I bought my own house 9 years ago. It was not easy although I speak some Arabic and fluent French.
Bonne Chance
Is there any statistics on where do buyers nowadays learn about homes for sale? realtor.com? A sign on the property? MLS?
Do most sales happen within the same broker office or via a buyer’s agent from another office? What are the percentages?
I am sure real-estate professionals have this data. Is it available to the public?
It is still via the MLS, which is where realtor.com and other sites draw data and of course the only source real estate agents are showing their clients.
I have been looking at homes for sale online and see many houses listed for $2,000 to $10,000. How can that be? What does it mean when homes are listed for just a couple thousand dollars?
IN addition to being run down or in bad neighborhoods, some sites also list rentals and that $2,000 would be the rent for a month. Only way you can know for sure is to give the real estate agent a call.