Archive for the ‘realestate one’ Category

In todays economy is it better to become a realestate agent or sell timeshare?

April 30, 2012 - 7:40 am 3 Comments

I live in the Orlando Area Currently I am attending a precertification course for a real estate license and then I will be taking the state exam soon I wanted to know which one out of these two would make the most money now. Or are there any other jobs that I can get into with a real estate license

i have been selling timeshares for almost 4 years now. money is ok. however, everyone i know who sells real estate makes more money. the cons…u have to ride around all day showing homes. with timeshares, i just sit at my desk from home and sell from the internet. also, commercial real estate is big money too. gd luck

Which state (also exact place name)in india gives more than 100% return in Realestate investment in one year?

January 15, 2012 - 12:12 am 1 Comment

I am ready to invetst in any part of India upto 50 to 75 lakhs. Can you please guide me which state and exactly which place(city or town or name of the exact place) in india gives the best returnsif we buy land or place or building or flat in a span of one year time, say atleast 50 to 100% defintely. It should not be a goondaraj where goondas control realestate business also. Calm place where we can invest in any town or city which yeilds the best reuturn at present.

No one gets that kind of return. If it did everyone would be trying it.

RealEstate India: How much would a flat at the NCPA building in South Mumbai sell for today?

December 10, 2011 - 9:50 pm 1 Comment

The building is the one next to the Oberoi in Marine Drive (South Mumbai)

Depends, what size are you interested in??

Does any one know what a BPO is?

November 13, 2011 - 8:26 pm 3 Comments

I would like to know what is a BPO regarding realestate pricing? How does this work with a normal sale of a house, short sales, and or foreclosures, Thanks for the answers

Hi,

A BPO is a "Broker’s price opinion" of real estate. Typically this will be ordered by a bank looking to foreclose or as a preliminary estimate of a property before a refinance. The broker gets paid about 50-100.00 from the bank to go out and take exterior pictures of the home, look up comparable sales and current listings and fill out an estimate and send it all back to the bank or finance company. It is kind of an informal appraisal.

Is there a realestate law that states I can stay with?

October 26, 2011 - 12:48 am 1 Comment

my mother’s house she passed ten years ago no one of my siblings claimed, I have now payed the 6000 tax bill and remodeled it and , I live in it……..thanks for you input…….please help

I think that you need to talk with an attorney about the situation. There is something called adverse possession which might ultimately result in the home becoming yours. However, now that the taxes are paid and the house is remodeled, your siblings may decide that they are part owners and want money for you. Alternatively, they may decide they want to put it on the market.

Most attorneys don’t charge for an initial consultation, but you should ask about the attorney’s policy when you call for an appointment.

Banks, saved by the government, need to finance thousands of RealEstate now?

October 19, 2011 - 1:38 am 1 Comment

RealEstate Progress will bring up the economy rapidly, but the banks need to corporate,
especially the ones that took buyout. This should be a part of the deal.

I am not sure what your question is, but your statement is far more perceptive than most I see on Y!A. The bailout itself was heavily tilted by the power, wealth, and political influence of its benefactors solely in favor of those benefactors.

The callous greed of these benefactors is evidenced in their obdurate opposition to any contribution on their part to rebuilding our economy. We helped the wrong people.

We would have acted much more prudently had we bailed out most of the people who have lost their homes to foreclosure. The banks and other speculators holding questionable mortgages would have been paid off and thereby avoided bankruptcy without the hundreds of billions we poured directly into their coffers. Millions of homeowners would still have their homes; these houses would not be flooding the market depressing the value of residential estate.

With millions of people able to keep their homes and their equity, personal spending would not have fallen as precipitously as it did. Portfolios would not have lost their value; as a result, the big banks, insurance companies, etc., would have remained solvent and would have been able to keep all (or most of) their employees. With more people able to spend money, fewer businesses would have lost their customers. With more businesses solvent, fewer people would have lot their jobs.

The bailouts accomplished very little beyond quickly restoring to a few ultra-rich speculators and to monopolistic Corporate America the wealth (and much more) that they had lost in the early part of the recession. Now these corporations sit awash in $2 trillion, which they do not invest, their promises to do so notwithstanding.

We can still salvage our economy. Since the greedy elite will not invest this immense treasure without assurance of immediate profit, we should take much of that idle capital through taxation and spend it on rebuilding and modernizing our infrastructure. Doing so would not be MAKING work; it is doing work that is long overdue. In the process, we could put millions of Americans back to work–and back to spending and restarting our economy.

Is a realestate contract binding or void if the lender does not sign the borrowers copys?

June 3, 2011 - 8:24 pm 97 Comments

I helped my daughter purchace her first home. After one year she was unable to continue making her mortgage payments. We tried to get a loan modification but was denied. I reviewed the contract and noticed that the lender did not sign any of the documents.

The contract of sale would be signed by buyer and seller- not by mortgage company. Even if some of the contract paperwork is not binding for some reason- the fact that your daughter signed the closing documents shows that she was OK with what had been agreed.

If you are talking about loan documents that she got at closing- she may have gotten copies that were not yet signed by mortgage company at closing. She could have gotten copies later that had signatures- or the signed ones may have been sent directly to county. It is possible someone made a bad mistake- but not very likely. You would have to hire a good local real estate lawyer to get a good idea.

Can any one tell me the best free listing, good responsive website over India, Kerala to sell our properties?

February 28, 2011 - 9:07 pm 70 Comments

Realestate

try the link below.

http://www.indiaproperty.com/

Is there a realestate insurance that the policy cover’s move then just one property on it?

December 30, 2010 - 5:13 pm 2 Comments

Was wondering if there is a rental property insurance that owers can have that can cover multiply properties under one policy then have one policy per property.

Yes, of course. A commercial property policy can list hundreds of locations on it.

That "one property per policy" bit is for amateurs, who only own one or two rentals, and own them in their personal name.

Whats the best way to end a realestate agents contract.?

December 22, 2010 - 9:05 am 1 Comment

I have a one year but the commision is 6% probably more than I will make after closing sale…
They are not what I expected , 4 months no showings, other agents showing thats another commission can I at least renogotiate a smaller commission in this market CALIFORNIA…

Granted, commissions are negotiable, but if you negotiate lower than 6%, you are shooting yourself in the foot. The vast majority of realtor listed sales involves 2 office; listing and selling. Presuming a 50/50 split that’s 3% for each office. A reasonable amount. However, if you lower the total commission, the share to the selling office will not be very attractive and many agents won’t show property with a low commission. You want to do just the opposite. Offer a bonus if the property is under contract in X number of days.

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