Realestatenovice: Real Estate "subject to"? I am selling property and have been offered a price "subject to" the existing financing. I understand the basics of this (I keep the mortgage but transfer the deed). What are the potential issues? If I get a 10% deposit from the buyer, collect payments directly from the buyer and pay the mortgage on … [Read more...] about Real Estate “subject to”?
Real Estate
Real estate people, can you answer these short questions?
PM: Real estate people, can you answer these short questions? What do these words, or terms mean in real estate: "no convenants" "walk out basement" "patio home" "short sale" thank you for you time Answers and Views: Answer by yackycritterA short sale is when you sell the house for less than you owe. This has to be agreed upon by the … [Read more...] about Real estate people, can you answer these short questions?
real estate “walkaway”?
Shirley: real estate "walkaway"? If we can no longer make the mortgage payments and just walk away , can the lender take legal action against us and get at our remaining assets ,a stock and cd's or are we home free ?This is in Michigan.We made almost a 50% downpayment . Answers and Views: Answer by Steve DMichigan is a non-recourse state, … [Read more...] about real estate “walkaway”?
Do those making money off real estate “systems” really work?
treejamin: Do those making money off real estate "systems" really work? I am thinking like "No Money Down" and other things seen on ifomercials. Answers and Views: Answer by leaselgYes, they are generally, "get rich quick" schemes for the people selling the books, tapes, and seminars. Not so true for the attendees. Answer by Adoptive … [Read more...] about Do those making money off real estate “systems” really work?
When is the right time to take the real estate “plunge”?
♥Dee W.: When is the right time to take the real estate "plunge"? I don't plan on things like this - they just "happen" to me when I least expect them to. This time, the opportunity is just too precious to ignore. Who wouldn't want to live in their own one-of-a-kind bomb shelter? It's so cheap, that I couldn't even rent a trailer space for the … [Read more...] about When is the right time to take the real estate “plunge”?
How come NJ house prices arent falling like the rest of the country?
akj147: How come NJ house prices arent falling like the rest of the country? How come NJ house prices arent falling like the rest of the country? Will they ever? I want to buy a house, can buy a house, but am unsure because I dont want to buy and then my house value drops. Please provide information. Answers and Views: Answer by perlasnj … [Read more...] about How come NJ house prices arent falling like the rest of the country?
Why is it called real estate, and not just “estate”? Isn’t it a given that it is real?
beginner: Why is it called real estate, and not just "estate"? Isn't it a given that it is real? Answers and Views: Answer by krazykarlgirlgood question. maybe they should just call it property so they stop getting so many phone calls from people asking that question. Answer by BarbaraThe term "real estate" has a very specific meaning in … [Read more...] about Why is it called real estate, and not just “estate”? Isn’t it a given that it is real?