Do foreclosures affect my asking price?

October 122009

I have heard conflicting opinions on this. I am looking at selling my house and when I begin to pull comps of the houses sold in the area, how are foreclosures going to affect that price? I heard from a realestate agent that foreclosures are not suppose to affect active listings, while my bank (when I was going to refinance) used foreclosure listings when they pulled comps, which doesn’t seem exactly fair to me. Any info would be great. Thanks.

Your real estate agent is wrong. Foreclosures of similar properties in your area definitely affect your valuation and selling price. Stop to think about it. Why would a buyer pay YOUR asking price when he can go down the road and purchase a foreclosure for perhaps $20,000 less ?

Foreclosures which sell below the former (pre-foreclosure era) pricing definitely bring down the values of other properties in the area.

Do foreclosures affect my asking price?

October 122009

I have heard conflicting opinions on this. I am looking at selling my house and when I begin to pull comps of the houses sold in the area, how are foreclosures going to affect that price? I heard from a realestate agent that foreclosures are not suppose to affect active listings, while my bank (when I was going to refinance) used foreclosure listings when they pulled comps, which doesn’t seem exactly fair to me. Any info would be great. Thanks.

Your real estate agent is wrong. Foreclosures of similar properties in your area definitely affect your valuation and selling price. Stop to think about it. Why would a buyer pay YOUR asking price when he can go down the road and purchase a foreclosure for perhaps $20,000 less ?

Foreclosures which sell below the former (pre-foreclosure era) pricing definitely bring down the values of other properties in the area.

looking to get into realestate?

October 82009

i wana buy a tax distressed home and fix it up. i want free listings, evefry one wants money. ne way to find a free website or homes w/ distressed for low pay?

http://www.firstpreston.com/

This is the Realtor HUD and Bank Repo site..You can even set up the site to e-mail you with listings in your area as they become available…

www.Realtor.com

May also be a place for you to start and you can look for the key words…ie…fixer-upper, handyman special, needs TLC…Or you can call a local Realtor and ask them to e-mail you information on homes like that in your area..ss

Our realestate agent does not take us around to see houses. We went out on our own so far. Is this normal?

October 62009

We were recommended to this agent who seems to have good track record and reputation. However, we have been out on our own for the past two weeks to look at houses. This agent just email us listings and gives us some additional info over the phone. Although we have 4-5 months window for shopping around, we feel we need to start looking right now rather than waiting till last month then make a hasty decision. Is it considered normal practice for agents to not taking clients around to see houses? We thought it otherwise.

Let me let you in on a little secret about realtors or agents. They have a system that most of them are taught which is as follows…………..

Buyers fall into three catagories –

A – Buyers will buy now

B – Buyers will buy in 2 to 4 weeks

C – Buyers will buy in 6 months

Now given the above, who do you want to work with and be available for?

I’m not saying that B & C are not as important, on the contrary situations change quickly and a good agent or Realtor knows this and keeps all options open.

Call and tell him that you have the time now to look and that you want him to show you the houses available. He is aware of those listings (sellers) who may wait a little longer if they know that their house was wanted. If he says no, I don’t want you to find something you like now and it won’t be available when you are actually ready to buy, then he does care enough to give you service later down the road. If his answer is well you don’t seem to be ready…………………get another agent or realtor. This guy might have a good reputation but those agents usually come with egos once they pass a certain point in their careers (2 to 3 years).

Realcomp login and password wanted for search– Realestate?

October 42009

Can anyone get me a realcomp.com online login name and password, I would like to access this site to pull up my own comps listings, Please don’t just tell me to sign up. Can I borrow anyones? I just need it to access information on homes up for sale.

Thank You!

They charge for the site for a reason… Are you really asking for someone to help you cheat?

You can get the info you want for free from calling a local Realtor….

Realcomp login and password wanted for search– Realestate?

October 42009

Can anyone get me a realcomp.com online login name and password, I would like to access this site to pull up my own comps listings, Please don’t just tell me to sign up. Can I borrow anyones? I just need it to access information on homes up for sale.

Thank You!

They charge for the site for a reason… Are you really asking for someone to help you cheat?

You can get the info you want for free from calling a local Realtor….

Yahoo! Realestate buttons don’t work.?

October 22009

I have been a yahoo user for about 8 years. I have never had an issue with the website or it’s services until recently and have discovered there is no way to contact Yahoo! I’m hoping this will let them know that nothing happens when you click on the yahoo! realestate buttons. We are thinking of relocating for his job and would like to search home listings. It’s the only link, I’ve found, that doesn’t work. Please try to fix it. Thank you, oh and, I Yahooooooooooooo! :)

Contact with Yahoo help center. They will solve your problem.

Yahoo! Realestate buttons don’t work.?

October 22009

I have been a yahoo user for about 8 years. I have never had an issue with the website or it’s services until recently and have discovered there is no way to contact Yahoo! I’m hoping this will let them know that nothing happens when you click on the yahoo! realestate buttons. We are thinking of relocating for his job and would like to search home listings. It’s the only link, I’ve found, that doesn’t work. Please try to fix it. Thank you, oh and, I Yahooooooooooooo! :)

Contact with Yahoo help center. They will solve your problem.

Where can I find FSBO listings for Grand Junction, CO. priced between $100,000 & $175,000 ?

September 302009

We are moving to the Grand Junction area in the next week and a half & I am trying to find listings of houses for sale by owner ..priced between 100,000 & 175,000 dollars…. Where can I find such listings? We have a realestate agent already.. so please no soliciters.. I just wanted to do some research of my own too & see if I can find something she didn’t…. More options ya know! Thanks for your help… & please no spammers

you might wanna try realitytrac.com but that is paid service.
but for first 30 days they have a trial period for free of charge.

does one need to be a fully licensed Realtor to have access to the multible listings service for Illinois ??

September 282009

I am a newly licensed loan originator, and would like to view available property in the Chicago area, however my interest does not include the actual selling of realestate.

TO VEIW ALL THE DETAILS, YES YOU HAVE TO BE LICENSED AND THEN BECOME A MEMBER OF THE BOARD OF REALTORS. BUT YOU CAN FIND PUBLIC MLS SYSTEMS. YOU WONT BE ABLE TO SEE ALL THE INFO, BUT YOU CAN GET AN IDEA OF THE PROPERTY. LIKE FOR ME IN OKLAHOMA, NON-REALTORS CAN LOOK AT WWW.MLSGATEWAY.COM OR YOU CAN DO WHAT A LOT OF MY INVESTORS DO, FIND ONE REALTOR, TELL HIM/HER WHAT YOU ARE LOOKING FOR, AND HAVE THEM SEND YOU THE INFO EVERY DAY OR WEEK TO YOUR EMAIL ADDRESS. THAT WAY YOU CAN ALWAYS SEE WHATS NEW.