I am new in real estate and before this question comes up in a real sale I would like to have a solid answer ready.
200834
The APR is the required method used by the government that allows people to compare the combination of rates and fees offered by different companies.  The APR is always higher than the interest rate because it takes the fees for the loan into the calculation.  The APR is only used for comparison and will never again factor into the loan.  If they want to reduce the interest rate by paying points up front this is a way to compare the different options by looking for the low APR.\n\nMost people are fine with this expl. because you mention it is the governments fault that this crazy number is on the TIL.  Also you mention it will never again affect the loan after they close. \n\nGood luck this is the hardest question in all of lending.
112277
Check with a realtor in your area. There are some federal and state programs that might be able to help.
315135
Above answer is correct. If this is an income property, me as a buyer rather buy a property that is making money rather than after the purchase look for a new tenants and advertise, screen tenants etc. Property is attractive if you show cash flow and if I can get cash right after purchase from rents. Always a good thing.
258728
Real estate is never a bad investment. Remember you own the land as well as the house.
458258
have you checked on prior sales and similar homes currently on the market in your area?  That would be the first place to start....
57461
I suggest reading "Are You Missing The Real Estate Boom?" by Davie Lereah\n\nReal Estate prices can't go to zero, unless there was a reason for people to flee that area or the interest rates shot up suddenly and much higher than what we could imagine, whatever the size of that area. It's not likely that interest rates will shoot up quickly. So ask yourself if the people of the area you are thinking about have a reason to leave the area suddenly.\n\nIf they don't, then there will likely be no real estate bubble in that area. \n\nReal Estate is not a short term investment and it's not as liquid as stocks. Stocks can go to zero but it's EXTREMELY difficult for real estate to go to zero.\n\nThe real estate bubble scare has been brought upon by stock brokerages and/or the media since they are tied together or invest in each other. Don't buy into it.\n\nReal Estate is a finite commodity. However, stock shares can be split forever it seems. Also real estate is unique, even if it's in the same complex, if a condo. Is each share of the same stock unique? No! \n\nSo in my opinion, yes real estate can drop by 10%, 15% or 20% but I wouldn't call it a bubble. The price will likely come back up in time, unless the area has been cursed forever. For less risk, buy in an area that's got potential, is near good schools, near shops, near transportation, has a good real estate history and near jobs.\n\nMy strongest suggestion if you are serious in buying is to speak to a good Realtor, (go to http://www.ReferredPro.com) to be referred to one, who can give you some guidance, especially since they work with lots of people in your shoes who are thinking the same thing and lots of others who are making money in real estate. Warning: friends don't necessarily give the best advice, even when they think they are.
297964
I would try to sell it on your own. I don't think realtors add much value to the transaction. In my experience all realtors know how to do is fill out their company's stock sales contract. It amazes me that they make so much money by doing so little.
616046
Ever see "Flip This House"?  Good money. Good investment...if you're in the right neighborhoods.  I would look more towards the rural areas where city growth is being pushed...especially around lakes, within reasonable drive to cities. Buy the houses instead of working for someone else & making them the real profit.
358540
That is normally not a big deal.  Just tell the Realtor when going in what you are doing.  They would appreciate that greatly...
376747
You should. Real Property is Real Property. The danger could arise if the property was overpriced.
348917
I would wait just a bit more.  Donot, I repeat, DONOT BUY FROM SELLERS.  If you watch the papers, you can make some really good deals in foreclosure sales.
665120
your best bet is to check with the realtor you plan on listing the property with. \n\nclosets are very important nowadays, moreso than in the past.\n\nas long as you have ample closet space, you should be fine. but, if there are say, NO closets, you should consider adding some or coming up with some alternative. \n\nthey don't necessarily have to be WALK-IN closets, but just average size for that house, room, etc.
400538
From a private landlord you should expect no discount. Also they are under no obligation to sell, you should expect to pay full market value.
1592
I really need more info, but a good Realtor will do a comparative market analysis (average price per square foot of similar homes sold in the same area over the last few months and shave a few thousand dollars off and may ask for an "as is" addendum to accompany any offers. Has the foreclosure been published yet? You will have at least 90 days (and probably 120) to close the house from the start of foreclosure. Unfortunately, you haven't much time to negotiate. How "hot" is your market? You migh want to see if your Realtor will take a 5% listing, keeping 2% and offering 3% on the MLS. Hope this helps
205577
Different parts of the country are good and some are bad for developing new real estate.  A first project needs to be successful so that you can afford more, and for that reason I'd simply invest in a "spec" house.  Meaning you build a house and sell it while its under construction or immediately after its done.  Manage the process closely and you can make a few dollars.
265590
My family is selling a house in Detroit right now and I asked the realtor how accurate those kinds of sites are.  He said it's really hit or miss.  Those sites dont take into account the condition of the economy of the area where you live along with a few other variables that can skew your results.
27935
This can be really complicated to answer.  Basically, you need to go where the money is.  Certainly you've made your requests clear to your current investors?  Where are their friends?  Amazing how secretive/greedy people can be when it comes to sharing (good) investment advice.  Call every bank, real estate company, mortgage company, investment group, investment company and talk to the right people.  If the returns are as good as you say, you should be able to drum up enough investors.  On the flip side, maybe the people with "money" are concerned about the housing situation; is your area getting overbuilt?  Amazing too how many contractors get myopic.  Part of succeding in business is being able to "see" changing economies and adjusting as required.  This IS a cyclic business.  If the rates don't stabalize here, people will tend to stay put.  Don't get caught with unsold spec's that you're forced to start "discounting"  I don't know where you are, but in our hot, hot market, the wise old builders are being very careful and building mostly pre sold customs.