Real Estate

http://realestate.yahoo.com/Missouri/Springfield/s-glenn-ave:23ebfdb6608a42ada297f2e22dab03c;_ylt=AhZtiGMZZhxqX1p.m9kVHsYN47Qs

I was browsing through these listings and I came across some foreclosures that seem to be priced at a too good to be true price. Should I buy these or is there a catch?

The amount listed is the amount on which the current owner is deficient in payment. The house will be sold at public auction, and the MAIN bidder will be the lender involved, who will bid the price up to a point at which it will accept. If no one bids high enough, the lender will be the high bidder, and will take the property as lender owned.

Don’t expect to get it for just over $9,000 unless that is all it is actually worth.

Ok so heres the story. about a month ago i found this house i absolutely love and when i went to get info on it and possibly put an offer on it i was told it went in to escrow and it was very rare for peoples loans to fall thru at that point and have the house open back up so my realestate agent basically told me that house was hopeless and keep moving. the house also went "inactive" on the website i found it on.
so kept looking for a house and nothing has compared.

but just a few minutes ago i was sent an email saying one of my saved home listings had been updated. i looked to see what home.. and there i was the house that was hopeless to get.
i researched it on another website and there it was….
im trying real hard not get my hopes up.

do you think the home is actually for sell again?
this seems to be a sign that this is supposed to be MY home

also me and my boyfriend make about 3000 dollars a month and dont have much debt do you think we can afford a 88 thousand dollar house? we both have pretty good credit scores also

i sure hope this isnt some sort of glich and my house is really gone.

There may have been family problems too so that the house couldn’t be sold until all the heirs agree. All I can tell you about buying a house, is that you don’t want to get too enthused so that you inspect it very very carefully and be sure it is worth the $. Have all the right inspections done and look for damage and check out the neighborhood. $3000 is not a lot of money when it comes to home ownership. They cost a lot and there are always repairs and some can be extremely expensive. Be sure you don’t get in the mess so many others are and buy something you really can’t afford. Anything can go wrong in your life like lose your job, have health problems, bad car wreck and then there is the weather problems like hail damage, tornadoes and hurricanes and all of that. Be sure you have enough $ to tide you over a pretty good time . . .like six months saved up and then a good savings account for when the house needs fixing, and then a tidy down payment. Without all of that, don’t buy a house. Nothing is worse in a relationship than to be short of money so that you have to constantly worry about how you are going to pay the bills and then you want to have enough to have some fun and you need to be saving on a regular basis. Plus you are moving in with no commitment from your bf. What happens if you break up? Protect yourself very carefully. . .always. . . .Good luck!

What I would pay for a monthy RENT or how much the house actually cost (which probably would be too good to be true).

http://realestate.yahoo.com/California/Orange/Homes_for_sale/1e44671ef0bb81c897413553cefe31e1;_ylt=ArB2QXAuGCAD7QCJLSl0th_nMrQs?cc=realestate&p=Orange,%20CA&priceHigh=370000&priceLow=0&nodeId=750007014&sortBy=price%202&radius=&bedrooms=&bathrooms=&type=classified&b=51&redir=1

I was searching for homes for sale (not rent) and this is one of the listings that came up. Can someone please help me understand…

I think someone entered the data wrong into the database. They probably left off 2 zeros (thinking they were "cents"). $350,000 is probably the actual price.

As for the rest of the web page — that is all automatic HTML or PHP code that calculates the rest of the (very low) numbers.

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Alright, well my mom and I are thinking of moving to Palmdale but we can’t exactly afford a full priced home. So what I did was check the listings of foreclosed home. Now it says the loan balance is like 3,000 on average. Now on this page http://realestate.yahoo.com/California/Palmdale/Homes_for_sale/0dac4c81272c5cd9bcb396cce3090835;_ylt=AtW9lg8TWCjWcyS4ExQmn_LnMrQs?cc=realestate&p=Palmdale,%20CA&priceHigh=&priceLow=&nodeId=750007014&radius=&bedrooms=2&bedrooms=3&bedrooms=4&bedrooms=5&bathrooms=2.0&bathrooms=2.5&bathrooms=3.0&bathrooms=3.5&bathrooms=4.0&type=foreclosure&sortBy=price+1
it says the loan balance is $2238 but it also says the amount is $2238. So is that the price or what? Thanks in advance.

No, of course that’s not the price. What you are seeing is the amount of money which the current homeowner is in default on the loan. Assuming that this property is eventually fully foreclosed upon, the bank will offer it for sale at the current market value for the property. What they will accept to sell it may not be market value, but it will be FAR more than $2238.

How do you find them, how do you buy one and what do some of the terms mean? I was browsing around on yahoo realestate and noticed homes for sale with a loan balance of as low as $2k dollars. Does this mean all you have to pay is the remaining balance of $2000. I m confused please help.
I am also looking for sites that have free listings of foreclosures in cypress and buena park, california. Thank you for your help.

I am not sure what you are looking at. Foreclosures do not sell for 2k, they sell pretty close to the market rate. They are driving the market rate down, but they are still in it.

The foreclosers are in the MLS, listed as REO. Have your agent print you up a list.

What causes my email messages from realestate@esch.com sent to yahoo EMail accounts to go into the bulk mail folder?

Is it "realestate" in my email address or the embedded links to real estate listings?

Also, it appears that if I have a EMail witha WORD file attachment and EMail to a client with Yahoo Email address, then it goes to the bulk folder, while a file without an attachment goes to the InBox.
Some people that request I send Email to their Yahoo EMail address can not figureout how to view the bulk folder and/or always accept EMail from my EMail address.

No one knows exactly how Yahoo decides on what is spam. It would defeat whatever system they have if the answer got out. Adding an address to your contacts list is supposed to override the spam filters. Many business emails now even tell customers to do that.
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Is it better to go with a seasoned realestate person who may have muti listings or a new person who is HUNGRY for the sale?

I would try a newer agent that doesn’t have a lot of listings. They will spend more time on your listing than a "seasoned" realtor would. Why list with someone that has 100 listings when you can list with someone that has five? It just makes sense!

Is it better to go with a seasoned realestate person who may have muti listings or a new person who is HUNGRY for the sale?

I would try a newer agent that doesn’t have a lot of listings. They will spend more time on your listing than a "seasoned" realtor would. Why list with someone that has 100 listings when you can list with someone that has five? It just makes sense!

Are there any classifieds or online listings for rental and share accommodation in the South East Queensland area, barring Brisbane? Domain and realestate are dominated by metro ads.

share-accommdation.net
and au.easyroommate.com

I’ve been looking for stuff in Townsville with them and have had a lot of luck, I’m sure you will be able to find something for your region through them as well.

just wondering, i know there is alot of people who wish they could invest in real estate as it is a great investment market. I wish wondering if you would invest in a company that invests in real estate for you?
So like lets say the company has all these listings of different real estate projects they are going to buy and you can pick from one. So maybe there is 100 acres they are going to buy at 100,000 dollars. you would be able to invest 1000 dollars in this property threw this company, so realisticly you would on 1 percent of the propety threw the company. then maybe in a year the company would sell the property and get 200,000 for it. you would then get back 2000 dollars. 1000 for the investment and 1000 dollars profit.
would this be something you would do to invest in real estate or you think others would do? of course it would be a legal corporation not like some side business.
I am just wondering as myself would love to invest in realestate but dont have the money.
Thanks!

You can invest in them REIT’s, its like investing in a mutual fund.