Zillow Com Real Estate Knowledge Base
Question for real estate pros about www.zillow.com? For anybody familiar with the real estate industry. Can you please tell me, how accurate is the prices shown on www.zillow.com? I know they are only values for tax assesment, and they might not be up to date. But I would like to know how close are the prices to the actual sale price of the houses. Thank you. I feel bad that my question is of a type where the main answer is "compiled" from more than one individual answer, and I'll have to choose a Best Answer, but it's going to be mainly arbitrary.
How can I list my house on Yahoo Real Estate, Zillow or Realtor.com? Has anyone ever successfully sold their house For Sale By Owner? I found a website that offers to list your home on realtor.com and give it an MLS listing for $395. I'm skeptical and I'd rather list it online for free. Any suggestions? Every website I have visited doesn't have clear information on how to list a property. Also, please don't suggest that I hire a realtor. I wish I could but my mortgage balance is just about what my house is worth, so I can't afford one.
show real estate transactions? I am looking for some sites that show real estate transactions. like zillow.com. that you can put in an address. and see the selling price. maybe even see the people involved. thanks
Why is there such a big discrepancy between the real estate value sites? I am in a market to sell my house and will be doing it through an agent. But I do have a question about the websites which I perused to get an idea. Why is there such a huge discrepancy in value between the different sites? Why is eappraisals.com coming up with numbers that is over 30% lower than Zillow or Yahoo Real Estate? Which would be considered more accurate? This is more out of my curiosity about how these websites operate and get their numbers.
I am interested in purchasing my first piece of rental real estate. Can you please advise me? I have read some basic real estate books. I have minimal cash on hand, but can probably come up with $100-$150k in low interest loans for the down payment. The piece of property I'm looking at is currently unoccupied, but has a fair market rental value of $2200-$3000 a month. It is a two bedroom, two bath apartment in san diego. According to zillow.com, it has a value of about $700,000. However, I'm hoping I can make an offer for much less because it has been unoccupied for over six months. Based on this information, what do you all see as the next step. Does this look like a favorable piece to invest in? Have I provided enough information? Thanks a million!
Real Estate Home Finder Sites? Could someone (anyone with experience in real estate) tell me some sites that are useful in finding homes for sale in southern california (los angeles county). So far I have been using these references: 1) www.zillow.com 2) www.trulia.com 3) yahoo real estate 4) newspaper ads 5) other individual agent listings 6) overstock real estate Are there any other FREE sites that gives addresses and home listings. That would be very much appreciated .Thank you
What Are The Best Real Estate Sites For Homes In Canada? Looking for the best sites for real estate in Canada. For US, it's realtor.com, homes.com, zillow.com, etc What are the best ones for Canada? I'm looking for sites that allow you to search by acreage. Thanks! lol, yes... I can search for the answer on the internet. Thanks for the good advice.. haha
Finding The Value Of Your Home,Getting The Info The Real Estate Agents Use To Advertise Your Home? I would like to find the website that offers the info real estate agents use to market your property. The info sheets that have all the information on your property that they would give out to prospective buyers.I have been told this is public information and is available free of charge, but every website I visit want you to pay a fee for this info. I have checked out www.zillow.com but that only lists the estimated value of your home and dosent give you all the other info. Any help would be greatly appreciated!
How can my real estate agent help me better? I am looking for a house to purchase, I am doing the research on Zillow.com, Realtors.com, Weichert.com, etc. I am reading reviews on the communities, etc. I am not sure if my agent is any use!!! This may sound strange but I don't know how else my agent should help me. I am not sure if he is helping at all. I am sending him the lists that I am interested in, etc. Can someone tell me how an agent can be most helpful, and what are the things he or she knows more than I do? Thanks you!!
Does "Regulation Z" apply to real estate brokers? The general consensus seems to be that Regulation Z applies to real estate brokers (e.g. in Real Estate advertising they say if you put the monthly payment, you have to put the APR in order to comply with Regulation Z. See http://www.realtor.org/archives/doyouradssdenarchive1996dec). But when I read Regulation Z, It states: "In general, this regulation applies to each individual or business that offers or extends credit...". (See: http://www.fdic.gov/regulations/laws/rules/6500-1400.html ). Most real estate brokers don't offer or extend credit; they are not lenders/creditors. Why would the consensus be that "Regulation Z" applies to real estate brokers? I notice that Zillow.com shows monthly payments without showing the APR.
Any real estate ppl or agents know if a county tax offices "market value" of a home in its county is reliable? There is a house that I am looking at and on the tax office website there is the information like how much is due for taxes and by when, well im looking at one whose "market value" in this website is 298k? is this appraisal more accurate than zillow.com or realquest.com? also it has a "capped value" on it too of 286k what does that mean? is that the lowest it can be appraised at or something? any help would be greatly appreciated, thanks
Does anyone know of another site similiar to Zillow.com ?? I am looking for another website, like Zillow.com where you can just type in your address and get the real estate property value. Oh and i am not interested in pay sites or site where i need to give my email address, phone number or fill out questionaires about when i plan to sell to a realtor. I just want another honest property evaluation based on other homes sold in the area.
Real estate sales data? Anyone know where to get real estate sales data for Los Angeles County? I'm looking for the detailed data that includes sq footage of property, zip code and date or sale. (the same type sites like Zillow.com use) I would need the data in bulk so i'm not sure calling a number for each property would be feasible. This is for a statistical demographic study/analysis project. exact data isn't really required as long as the biases are consistent across zipcodes
real estate prices in boulder, co? i already asked this question here: http://answers.yahoo.com/question/index;_ylt=AjcMSz_8vIGQOVBQIeo7mCUjzKIX?qid=20061202083508AApUGXS but i thought i'd ask in a different context... are real estate prices in boulder, co going down? if so, how much and for how long (in your opinion)? i looked at valuations at zillow.com and they seem to be all over the place...i'd love to hear from folks who are familiar with real estate prices in boulder proper. thanks!
Did my real estate agent lie to me about the price? My girlfriend's parents bought a townhouse in Bellevue, WA for $500,000 in August 2008. Out of curiosity, I looked up the price on Zillow.com and saw the house was estimated around $330,000. Is it possible that the broker cheated my girlfriend's parents just because they were new to the country? Or is this still within reasonable price range? Note: A recently remodeled unit that is similar in size next door is only selling for $420,000.
boulder, co real estate? are real estate prices in boulder, co going down? if so, how much and for how long (in your opinion)? i looked at valuations at zillow.com and they seem to be all over the place...i'd love to hear from folks who are familiar with real estate prices in boulder proper. thanks!
Do real estate appraisers look at all types of comparables in determining the fair market value of a home? I want to know if real estate appraisers not only look at re-sale homes in the market but also the prices of foreclosure and short-sale homes in the market area. When I go to Zillow.com and look up the estimated value of my home, surprisingly it is higher price than the re-sale homes for sale in the area. I don't think that the value on zillow.com is correct and should be reduced accordingly. Well, from what I have seen the estimated appraisal isn't taking into consideration REO/Foreclosure/Short Sales at all in the area and thus elevating the appraised value.
Selling my home listed on zillow.com got a buyer Their realtor said she has to split commission, is this True? Listed home last year on zillow.com under "make me move". Finally got 1 hit in over 130 days by a woman who stopped by our home to see if we were interested in selling our home. We let her in to take a quick peak and gave her our #. She called that evening set up a time to come see the place w/ her husband. 2 days later 15m before her appt her realtor shows up unbeknownst to us. She immediately asks who is paying her. We were both unsavvy in real estate and we told her our house wasn't listed and that her buyers came to us. She said she couldn't show the house unless we agreed to sign a commission split. We agreed, because we wanted the buyers to see the house and signed. I hated that I signed it and complained to her twice that it was too high (3.5%) but she said it was standard. Buyers want the house and now I'm pissed because I don't feel like we should pay this realtor such a high commission. I'm considering my options of dealing with this dishonest person or is she right?
How can I find out about foreclosure real estate sales in New Jersey? I was told that the foreclosure sale freeze on real estate will be ending soon in New Jersey. Do you happen to know when the freeze will be lifted? I did a quick google search but I coul not find the end date. Also, I look at www.zillow.com and www.trulia.com, but I get confused about homes in foreclosure. I don't usually see a list/base price for the properties subject to foreclosure, and it looks like you have to pay a fee-based website (www.foreclosure.com???) in order to get more information about the property. Do you know an efficient way for me to find out more about properties in the area that are subject to a foreclosure sale? Thank you for your help.
How to get foreclosures on Zillow? I am looking for properties on zillow, and many of them are foreclosures and are provided by foreclosure.com. I don't want to subscribe to foreclosure.com and my real estate agent says that those properties aren't on the market yet. What can I do?
why are no commercial real estate listing websites free? For what Zillow is to residential listings Im looking for a website that is similar to commercial listings. Example of paid commercial real estate websites: Loopnet.com - Paid for full listings Rofo.com - Paid for full listings I understand there is no commercial MLS to pull from, is this the only reason why there isn't a free one? or has this just not become a standard in the commercial market? You wouldn't work for free. You would receive payment from alternate forms; such as brokers paying to be listed on properties or mortgage companies advertising their mortgages (much like zillow does). There are thousands of ways to make money on sites like this and I don't know why companies are hindering their growth by blocking the consumer.
have you been on zillow.com? its a site where you enter in an address and it shows you how much that house valuse at and the ones arouund that area. but how aqurit is it? are the values of the homes real? or made up? if you know your real estate, please tell me how much do homes go for in the area of 43rd ave and Loop 101...phoenix, az
Good Real Estate Investment? I was thinking of buying this condo, $152,000 right now, and was sold for $374,000 in 2006! Trying to decide if it has bottomed out enough to be worth buying now, here it is, you can see all the previous sales and stuff: http://www.zillow.com/homedetails/490-Bollinger-Canyon-Ln-APT-168-San-Ramon-CA-94582/68042871_zpid/ Thanks!
Is these real estate and home prices a scam or am I confused.? I am a bit confused about this website (zillow.com). I am looking for land and possibly an home but is these prices a scam or am i looking at it wrong. For example it said a house was for sale at $850. and the house estimate was like 140,000. Can someone please explain what I am looking at. Check this out http://www.zillow.com/homedetails/2137-Perennial-Dr-Durham-NC-27705/49967360_zpid/ http://www.zillow.com/homedetails/2635-Kirk-Rd-Durham-NC-27705/49985525_zpid/
help me understand real estate market? i was looking at www.zillow.com website and realized on the price of my house was about 40% lower than what i paid for~!!! i paid my house for $130k plus put in about $35k to fix and up grade the house. that was back in 2004. now on the web site, my house estimate was showing for $98k. is this accurate? if i were to sell my house, i would have to sell for at least $165k to get even. if i wanted to make a profit, i would like to sell it for at least $200k. if i sold a house now, i would loose a lot of money~!! when i looked around for our friends houses in town, everyone else's home value also were down about 40-60% !! is this web site accurate and reliable ? why did the market went down? will it ever pick up again so that i can get out of there when the time comes for a decent price ?
Why don't more people post their homes for sale on Zillow.com and save big on commission cost? ? The website is so useful to buyers, why can't it be for sellers? I like how one can easily navigate over area maps to see all the homes for sale. The site also provides estimates as to the homes' values, which seem fairly accurate. Most listing, though, are through the MLS and few are for sale by owner. As a seller, I could easily change the listing price, post unlimited photos and details and a website links of my home sale without charge. Also I wouldn't be locked into a listing contract with a real estate agent for a duration. Is there a catch?
I am trying to remove my home off of real estate yahoo.? I am trying to remove the my home listing on yahoo. I contacted Zillow to see why it was listed through Zillow. They told me that it wasn't listed throught them but still shows that they are the source. I removed the listings from owners.com and fsbo.com also over a week ago. Help?
Which home do you like the best? Mom is trying to decide which one to keep. I know, ultimately it's going to be her decision buy I just want to take a survey for fun! Thank you for participating! Please copy and paste into your browser: http://www.brenthaywood.com/Real-Estate-2008/2949-Degen-Drive-Bonita-CA/7080246_frgVz4 or http://www.zillow.com/homedetails/1473-Rimcrest-Ct-Bonita-CA-91902/17140555_zpid/ Mom already bought one of the homes. She's thinking of maybe flipping it because she got it at a great price. Both of the homes are in the wonderful city of Bonita in California. Both of the neighborhoods are very nice and very safe.
Where can I find demographic data such as median household income for an area smaller that a zip code? On August 17, 2011 Zillow Real Estate Research published an article on the historic ratios between housing prices and incomes. I would like to determine the ratio for the area that I live in but I can only find data for the entire city or by zip code. The zip code that I live in is split by a large Boulevard with a very nice area with expensive houses and a not so nice area. Where can I find median household income data for an area smaller than a zip code so I can calculate the housing price to income ratio? By the way, here's the link to the zillow article: http://www.zillow.com/blog/research/2011/08/17/what-goes-up-must-come-down-comparing-price-to-income-ratios-across-markets/.
If this is the 0baamaBiden "Summer of Recovery", why did US Homeowner Confidence Drop in Second Quarter? U.S. homeowners were less confident about the value of their homes in the second quarter, with one-third believing home prices had not yet reached a bottom, real estate website Zillow.com said on Thursday. ... Homeowners were more pessimistic about the short-term future of home values in their local market than they had been in the previous three quarters, according to the Zillow Second Quarter Homeowner Confidence Survey. http://www.cnbc.com/id/38653757
Why aren't more pictures showing on Realtor.com? Our house has been listed for about 2 weeks. Our realtor took several pictures which show up on Zillow and several other real estate websites. Why does Realtor.com only have one picture for our house? Our agent said that we would need to pay about $1000 to have the rest of the pictures posted on there, but I don't think she really knows what she's talking about. Doesn't Realtor.com pull all of the pictures that are on the Trend/MLS website?
Does my Real Estate Agent have better MLS Listings than what I can find online? Hi, I would like to know if my real estate agent has a faster way of finding new condo listings than me. I go on Realtor.com, but every time i call to see if i can view the place, there is already offers on it and i realize that its actually been on the market for a few days already. BTW: My dad is the broker, so saying getting a new agent won't really help. He wants me to search for the properties because he's busy doing other projects. So my question really is, do agents get listings the second they're put on the market? And do these online sites like Zillow and Realtor put on the listings a little too late for competitive buying? Thank You for your help
Best website to look up BANK OWNED PROPERTIES.? I keep finding websites that want me to pay, but are there any good free ones where I can do decent searches? (I'm not happy with realtor.com, zillow.com or the yahoo real estate websites, so don't recommend those.) I'm in Northern California OK then, recommend a good "real estate website".
Short sale question, conflicting information? We purchased our house in 2007 at $184K. The appraiser at the time valued the house at $200K. Since then a lot of crap has happened and, long story short, the bank is moving to foreclose. We met with a real estate agent this weekend who looked at the property and suggested, for a short sale, to put it on the market for $140K. She showed us comps from the last year and thought it would be best factoring in the numbers. She says she has handled short sales in the past and she was recommended by our local Lender's Consortium. My husband, however, is not buying it. He says our house is worth way more than $140K (he's getting this info from a real estate website www.zillow.com) and is thinking the agent has someone lined up to buy the house once we agree to list the property. I think that is ridiculous because it would be in her best interest as well to list the house for as much as possible, right? So far, I have suggested we meet with another real estate agent to get a second opinion. But do either my husband or the real estate agent have a valid point? I understand the short sale process is a long process, so even if we were to get an offer tomorrow, it would still take months to complete the sale. Is listing the house for so little just a means to get it sold faster and get the process started sooner? Yes, they have determined that deed-in-lieu of foreclosure is not an option and have sent us the loss mitigation packet requesting the short sale agreement. Thank you for the responses. They have given me a lot to think about.
How can I know my house value? I know there is a website www.zillow.com, but my house is not listed yet, even, that I bought it 13 months ago... Also does someone call tell me when the real estate in Florida is going to BOOM again? My house value is less than what I purchased it for. This situations is killing everybody.. Too many foreclosures, can't refinance, etc. Why is this happening? Is this going to end soon?
Where can I find the actual selling prices of homes in a new development? I'm interested in buying a house in a new development, and before making an offer I'd like to know how much other houses in the neighborhood sold for. Since real estate transactions are a matter of public record, I was hoping there would be an Internet site that could show me this info - but I'm not finding it. I've looked at Zillow.com and similar sites, but they only seem to have info for existing houses that have been sold from one owner to another. Does anyone know where I can find actual selling prices for a new development, in which homeowners are buying directly from the builder? Thanks so much!
How much should I charge for marketing for on the internet? I am starting a home business marketing on the internet. Any idea what I should charge? http://www.postlets.com/res/333977 will make flyers and post weekly or monthly! More exposure for your homes, rentals, apartments, commercial property, and 55 plus communities! Marketing your listings Webpage flyer - with 8 sites Will be posted on craigslist Posted on Backpage Can also be posted on Zillow.com Oodle.com Olx.com CONTACT INFO Internet marketing for your business! http://craigslist.com http://zillow.com HIGHLIGHTS Craigslist - over 2 million hits a month Backpage - over 1.5 million hits a month Can post weekly or monthly on Craigslist or Backpage Will set up zillow account Marketing real estate for 10 years Realtor since 2000 Can take photos Prices vary depending on package Professional flyers with housing logo OTHER INFORMATION Reasonable rates -
I am buying a house to rent out, when should I sell it? I am buying a house for about $157,000. At Zillow.com my zestimate is about $173,000. The house was built in the 70's. The neighborhood is not one of the better locations. I'm using this property as a start off house, so I can make a profit and afford to buy better houses in better neighborhoods. My question is: After I buy it should I hold on to it until it makes a good enough profit or should I just keep it until the mortgage is paid off? I know real estate is really low now and if anyone has some insights of when it will pick up, that would be great too.
why is my house not getting showings? I think the house is priced properly, I started it below avg price / sf for my neighborhood. We live in an awesome community, close to downtown, comm pools, great schools, newer area (10 yrs or less on all houses). the house photos are great, we have 4 br, 3 full ba, study, media room, game room etc... It has been on the mkt for a month and we have had 5 showings. so, what can I do to get people in the door. I cannot sell it if no one comes! My realtor has sent emails to about 500 agents in the area, telling them about the $5K gift card we have offered to the agent that gets us a contract by 20th sept. we are also listed on all the real estate websites, like realtor.com and zillow. we started our asking price BELOW the avg price houses sell for in our community. and, yes, I am comparing apples to apples. I am not kidding myself that my house should go for what the million plus homes go for per sf around here.
lying on financial aid? this is for a verification packet. for the section about assets they are asking me for the current market value of my parents' real estate property. my father wants me to put 400,000 (which is how much he paid 10 years ago) but i checked it online at zillow.com and supposedly its now double the amount. what should i put? will they actually go online to check?
You Want to Fix the U.S. Economy? Here’s a Start? My question is do you think this is a good idea and if not, what's wrong with it? http://www.ritholtz.com/blog/2011/07/you-want-to-fix-the-u-s-economy-heres-a-start/ Here is the text of the link: Charles Hugh Smith publishes Foreclosure Crisis Weekly, dedicated to documenting the often-amazing foreclosure crisis. > A simple 8-point plan would restore both the banking and the real estate sectors, and end the political dominance of the parasitic “too big to fail” banks. Craven politicos and clueless Federal Reserve economists are always bleating about how they want to fix the U.S. economy and restore “aggregate demand.” OK, here’s how to start: 1. Force all banks to mark all their assets to market at the end of each trading day, including all derivatives of all types, including over-the-counter instruments. 2. Allow citizens to discharge all mortgage and student loan debt in bankruptcy court, just like any other debt. 3. Banks must mark all their real estate to market weekly as defined by “last sales of nearby properties” adjusted for square footage and other quantifiable measures (i.e. like Zillow.com). 4. Require mortgage servicers and all owners of mortgage-backed securities to mark every asset within each pool to market weekly. 5. Any mortgage, loan or note which was fraudulently originated, packaged and sold, including the misrepresentation of risk, the manipulation of risk ratings, fraudulent documentation by any party, etc., will be discharged as uncollectable and the full value wiped off the books and title records without recourse by any of the parties. If a bank fraudulently originated a mortgage and the buyer misrepresented material facts on the mortgage documents, then both parties lose all claim to the note and the underlying asset, the house, which reverts to the FDIC for liquidation, with the proceeds going towards creditors’ claims against the bank. 6. Any bank which misrepresents marked-to-market asset values will be fined $10 million per incident. 7. Any bank which is insolvent at the end of a trading day will be closed and taken over by the FDIC the following day, and liquidated in an orderly manner via open-market auctions of all assets, including REO (real estate owned). 8. All derivative positions held by the insolvent bank will be unwound immediately, and counterparties who fail to make good on their claims will also be closed, given to the FDIC and liquidated. You know what this is, of course: a return to trustworthy, transparent accounting. And you know what the consequences would be, too: all five “too big to fail” banks would instantly be declared insolvent, and most of the other top-25 big banks would also be closed and liquidated. At least $3 trillion in impaired residential mortgage debt would be written off, maybe more, and $1 trillion in impaired commercial real estate would also be written down. Derivative losses are unknown, but let’s estimate it’s at least $1 trillion and maybe much more. If $5.8 trillion of fantasy “value” is wiped off the nation’s books, that’s only a 10% reduction in net household and non-profit assets, which total $58 trillion. Even an $11 trillion hit would only knock off 20%. If that’s reality, if that’s what the assets are really worth in the real world, then let’s get it over with. Once we’ve restored truthful accounting and stopped living a grand series of debilitating lies, then the path will finally be clear for renewed growth. The net result would be the destruction of the political power of the “too big to fail” banks, the clearing of the nation’s bloated, diseased real estate market, and the restoration of trust in institutions which have been completely discredited. Bank credit would flow again, and we could insist on a healthy competitive system of 250 small banks instead of a corrupting system of 5 insolvent parasitic monsters and 20 other bloated but equally insolvent financial parasites. Those who lied would finally get fried. At long last, those who misprepresented income, risk, etc. would actually pay some price for their malfeasance. Criminal proceedings would be a nice icing on the cake, but simply ending the pretence of solvency would go a long way to restoring banking and real estate and ending regulatory capture by TBTF banks. What’s the downside to such a simple action plan? Oh boo-hoo, the craven politicos would lose their key campaign contributors. On the plus side, the politicos could finally wipe that brown stuff off their noses.
Does asking for a 6% sellers concession help or hurt me? I am hearing opposite responses from my broker and my agent. I have more than what is required for my down and closing costs. My mortgage broker told me that I need to tell my real estate agent that I require a 6% sellers concession for the deal. I agreed as i wasn't sure exactly what that meant. When I told my real estate agent and she said I should look into another broker because that 6% won't allow me to find a home in the time period that I want to do so 2 months. She says it also makes me uncompetitive in the market when other buyers may not require a concession at all or may only require a 3%. My broker is adamant he requires 6%. I found him on zillow.com and he had over 20 (5) star reviews from past clients. But given my real estate agents advice now I'm not sure. I am doing an FHA loan and I have more than the 3.5% down which is required, why do I need the 6% concessions? Is asking a 6% concession in my favor [per my broker] or against it [per my realtor]. I greatly appreciate any advice you can give me.
Should I co-sign on a friends house? About my friend: owns a house that zillow.com has a value of 550k right now (at the peak of the real estate buble 700k. His morgage is about $1500 a month I do not know how much he owes. He owns his own business but he is not doing well due to the economy. He needs to refinance to take money out to I am guessing make the payments and get through the tough times. He claims he got some credit cards out but has maxed them out and believe he is running into some delinquency with them and cant make the payment but again because of no income from his business. He is a smart guy. Do not know how much he needs to take out. About myself: I currently rent at $1000 a month and have been approved to buy a house upto $400k. can afford about $2000 a month. Should I co-sign for him to be able to refinance the house? What would happen if he could not make the payments? can I just tell him to get out and ill take over the payments. I am hopeing this is an opportunity for me to jump in and take the house incase he is not able to pay for it at very low price. How can I do that with out any hassle? and if he pays fine he will make my credit that much better. Any ideas??? Is my best choice to tell him to put the whole house under my name and completly take him off and then he just pay me the mortgage? so when he cant pay I can evict him with out any problems?
Why is this house back up for sale? Should I buy it?? NEED HELP!? I am interested in this house. http://losangeles.craigslist.org/lac/rfs/572532996.html When I look it up on Zillow ( http://www.zillow.com/Charts.htm?chartDuration=5years&zpid=65243051 ), first off-- it says it has been up for sale on Zillow for 115 days. However, the other info it provides contradicts this... It says that on 1/25/2008 (very recently), it sold for $744,769. It also says that on 12/12/2006, it sold for (the same) $744,769. What's going on here? Why is it back on the market now, and marked up to $799,900?? Did a real estate investor buy it and try to turn it around really fast? Is the Zillow info a mistake? Do you think they would sell it for the $744,769 price?? What do you think of this buy? Is something fishy going on? Help...... also note that it is an REO... sarch_UK: i'm confused at your answer. i was pointing out how it supposedly sold on 1/28 and then here it is again. that is what i am confused about, also that it was sold but is an reo.
How does one buy apartment units in the US, and where can I get more info on doing so? I am looking to buy an apartment in the US. I am a U.S. citizen, but spent my adult life abroad. I plan to buy a rental property in Pittsburgh, and as I was going through Zillow.com, I couldn't find independent apartment units on that website. I do not mean condominiums, I mean units in big apartment complexes. I saw "cooperative units" on Zillow, which I looked up on Wikipedia. I understand that definition, but I am wondering if that is how single apartment units are sold if sold at all in the US. My exposure has been to real estate in China, where almost all residential real estate is apartments sold per unit.
Is a REO listed for $2500 only $2500? Or does it cost more? There are quite a few REO or Real Estate Owned homes in my area that are listed on Yahoo Real Estate and a foreclosure website for $2500 or less. Does this mean that if I pay $2500 I have purchased the home for just the $2500? Or does it mean that I am taking over someone else's loan? There are other homes that are listed for close to market value. When I checked on Zillow.com, I noticed that houses in that area have sold for $2500. I am so confused. If the houses cost only $2500, then I am interested in purchasing one.
Is the Amityville Horror house up for sale? I see on a real estate website a listing for a home at 108 Ocean Ave., Amityville, NY. I know that the address used to be 112 Ocean Ave. but because of all the rubberneckers and people coming up to their door asking to come inside, one of the subsequent owners had the address changed to 108 Ocean Ave. Here is the link to the listing. Looks like the house to me. Seem like a real steal for $867,000! Bet you could talk them down a bit... http://www.zillow.com/HomeDetails.htm?zprop=32596605
What is used when selling a home in a divorce? I want to get my soon to be ex wife out of my home. I paid for it, she never paid a dime for anything and now she wants 50% of the equity. By California law, since she is on the title/deed, she gets half of the equity so let me give you the figures. 1) I owe $690,000. 2) The real estate agent says I could not get rid of it for more then $725,000. If I pay real estate fee's, she gets nothing. We both lose money. 3) She says its worth $800,000 because that's what Zillow.com says its worth and she wants half. 4) I offered her $25,000 buy out but she says no. How would you guys determine the rate. On what some website says or what a relater says its worth? Thanks.
Short sale with GMAC? We put an offer on a house a few weeks ago. This is the house http://www.zillow.com/homedetails/273-Porchester-Dr-Sanford-FL-32771/70430772_zpid/ we offered 250,00 cash. It is listed at 284,000 but zillow estimates were a lot lower, I think 260 was the highest. Has anyone ever dealt with a short sale? This is our first. I am very anxious because we love the house. Do you think because its a cash deal that we are more likely to get it? The seller has already approved it,we are just waiting on the bank and the real estate agents have already submitted the paper work that GMAC would need. Any advise would be appreciated! Thanks
Is this the afterlife of my ancestors best answer 10 points? http://www.zillow.com/homedetails/5632-S-Marshfield-Ave-Chicago-IL-60636/2137154870_zpid/#0 well look at the first photo of the house look to the left and there seems to be a figure standing there heres a photo of him before he died http://www.flickr.com/photos/50144110@N08/5480020125/ my great grandpa died right there in that hallway of a heart attack at 35 in 1952 the creepy thing is that if you look VERY close to the face you can see that light has went though the face to perfectly form a face 3 holes 2 for the eyes 1 for the mouth another creepy thing is that in 1972 my great grandma living in the house at the time alone got locked out of her house she climbed a ladder to try to get through a window to get in but she slipped and fell 2 stories she died a year later after being paralyzed from the fall could this be a visit of the afterlife of my great grandpa?? the real estate agent took the pictures by herself.
What's A Good Scavenger Hunt In Northwest Los Angeles? I'm a retired real estate broker. (And a senior real property appraiser and a whole lot of other things with fancy titles) Every now and then my old hunting instincts take over; and I've just got to go out and track something down - Anything! So, there I am in Northwest Los Angeles hunting for just the right property; and what do I find? Perhaps it's just a coincidence; but, this appears to be a really interesting neighborhood. Who knows what a closer individual property analysis might reveal? Maybe a, 'hot property' or a really good, 'steal' or, perhaps, a nice, 'low ball' tax sale. I don't know; but, if you enjoy a good scavenger hunt as much as I do, here's a great neighborhood to start looking in. http://www.zillow.com/homedetails/2812-Knox-Ave-Los-Angeles-CA-90039/20753349_zpid/ PS: I'm, also, looking for a good deal on a used car. Perhaps a nice low milage BMW. What do you think?
First-time buyers considering a short sale home? We're first-time buyers, and found a house listed for 275K as a short sale. The estimate on Zillow.com (which I know isn't necessarily accurate) is about 220K. So I'm wondering how to go about negotiating with the lender on a price that I can afford. Should I get an appraisal done, access public records to find out about foreclosure, and bid 200K (total price, including closing costs) and wait for them to counter-offer? I'm new to the real estate market, but have done a little bit of research. Should I hire a broker who's experienced in short sales?
Short Sale Buyer in the San Fernando Valley? I am interested in a property in the Studio City / Toluca Lake area. It is a townhome that is listed at $419k short sale, and the Zillow.com's "zestimate" is at $410k. The home has been listed for 93 days, and was last sold for 475k in 2005. I am considering a sizable down payment around from 150k, have excellent credit, and plan on a 15 year mortgage. I have zero experience in short sales, and my real estate agent doesn't seem to have a lot of experience in the area either, so I would like to know what a good starting offer for this home would be. I don't want to be held hostage by the bank using me to attract other offers, and I am looking at a few other homes in the $375-400K range.
Houses selling for under $10k locally? Ok, so I've just been looking on Ebay at the cheapest houses being listed and I have seen a number of houses on Ebay, mostly in the Philadelphia area going for ridiculously low. These houses are mostly in bigger cities in the midwest, but according to zillow.com, there are houses in my area in SC being sold for under $2000. Where are these houses being listed? Are real estate agents and investors picking them up before they ever actually hit the market? Where do they come from? Because even with foreclosures you still have to go to auctions, right? well actually, most of the houses on ebay are for a down payment, but if you just go through the list of cheap houses, you will find some that are bid to own and will go for very cheap. Also, I'm not sure how Zillow works, but from what I can tell it shows the last selling price of the house and in Chesnee, SC I saw some that sold for under $2000. Also, I didn't say that I wanted something liveable. I just want something fixable. I know that I won't be able to just move into anything that I would buy for that little money. I want a project that's cheap to start. that's why I'm looking. http://cgi.ebay.com/Flint-MI-Home-2-1-Fixer-Fenced-Yard-Invest-Now_W0QQitemZ160262293327QQcmdZViewItem?hash=item160262293327 http://cgi.ebay.com/1-to-Start-No-Reserve-Better-Flint-MI-Home-Fixer_W0QQitemZ160260110108QQcmdZViewItem?hash=item160260110108 http://cgi.ebay.com/No-Reserve-Cincinnati-OH-Cape-Code-3-1-Cute-Fix-it_W0QQitemZ160260600931QQcmdZViewItem?hash=item160260600931 http://cgi.ebay.com/SINGLE-FAMILY-HOME-SAGINAW-MI-INVESTMENT-PROPERTY_W0QQitemZ280243807529QQcmdZViewItem?hash=item280243807529 http://cgi.ebay.com/1-to-Start-No-Reserve-Flint-MI-Home-Fix-Rent-Out_W0QQitemZ160262292645QQcmdZViewItem?hash=item160262292645 These are just a few of the cheapest ones that have ended recently
I bid 360k on a short sale that was listed for 379K is it enough? I bid 360K on a short sale on Long Island NY, it has been on the market since 01/07/09 for 399k and the price was dropped to 379k on 02/28/09. On 03/16/09 I low balled them and bid 330k and was told by my agent an hour later that they have another bid in that is close to the asking price. I then raised my offer to 360k. My real estate agent then told me that all offers would be presented to the bank for approval and that I would hear back in a week or so. After thinking it over I then went on zillow.com and it said that this property had been sold on 11/27/06 for 360k. My questions are do I have a reasonable offer on the table? Was the bank playing car salesman when it stated they had other offers closer to the asking price? Since the house was purchased for 360k in 2006 shouldnt my price satify the money owed to the bank and then some Update: the house is priced on the money and since 2006 it has some updating. Also some neighborhoods on long Island have not dropped off as much as others.
Renting a cabin in big bear!!!!! HELP!? So we are renting a cabin for 3 days in big bear, but when I asked the renter to send more pictures of the property she sent me to a side for real estate...I suppose she is selling her home. Can you still rent a home out for a 3 day vacation to someone, but the home is also on the market...? Is that possible??? Or is she scamming us? http://www.zillow.com/homedetails/42133-… that is the home we are supposed to be renting for 3 days
I want to back out but it's too late??? I am about to go to closing in 5 days for a co-op apartment in Queens, NY. But after looking at zillow.com just now I found that recently sold co-ops (that are of comparable size) in the same building and adjacent buildings in the same community sold for roughly 30% LESS than I am paying for this one. When I was negotiating the price, I wanted to ask for lower price but the real estate agent told me that the board might not approve the sale of an apt there for such a low price--- I feel I was lied to. But after speaking to my lawyer, he told me I cannot back out now because I already signed the commitment letter with the bank. Is it possible to still try to negotiate price for this? What should i do?!?! I don't want to overpay 30% for this... What website could I get info on recently sold co-ops in that area? This is Queens, NY... I can't find this info...
Is there anywhere where I can search for average house prices in Southern California? I want to find out when is a good time to buy a new house. Right now, according to Zillow.com, average house prices in most areas have been steadily been going down for the past year or so. Is there a website or some resource where I can find more of this kind of information? I'm willing to wait and hopefully buy when it bottoms out. Any resource or even general real estate advice on this matter is highly appreciated.
hellllllppppp renting a cabin for 3 days that is for sale?!?!!? So we are renting a cabin for 3 days in big bear, but when I asked the renter to send more pictures of the property she sent me to a side for real estate...I suppose she is selling her home. Can you still rent a home out for a 3 day vacation to someone, but the home is also on the market...? Is that possible??? Or is she scamming us? http://www.zillow.com/homedetails/42133-… that is the home we are supposed to be renting for 3 days
How to Short sale my house? Question on how can I short sales my own house. Q1. I owe 480k (1 loan) on my home with Chase. How much will the bank approve the short sale amount (if they approve). Zillow.com shows my house worth 400k and a brand new one of my home is selling for about 440k Q2. What do I need to do to have Chase approve my short sales request. e.g stop paying? hire a real estate agent to process it? Q3. My brother would like to buy my house if the short sale approve. Is that possible that me as a home owner to choose the buyer or the bank?
Does asking for a 6% sellers concession help or hurt me? I am hearing opposite responses from my broker and my agent. I am a first time home buyer. I have more than what is required for my down and closing costs. My mortgage broker told me that I need to tell my real estate agent that I require a 6% sellers concession for the deal. I verbally gave him the ok but i wasn't sure exactly what that meant. When I told my real estate agent and she said I should look into another broker because that 6% won't allow me to find a home in the time period that I want to do so 2 months. She says it also makes me uncompetitive in the market when other buyers may not require a concession at all or may only require a 3%. My broker is adamant he requires 6%. I found him on zillow.com and he had over 20 (5) star reviews from past clients. But given my real estate agents advice now I'm not sure. I am doing an FHA loan and I have more than the 3.5% down which is required, why do I need the 6% concessions? Is asking a 6% concession in my favor [per my broker] or against it [per my realtor]. I greatly appreciate any advice you can give me.
I want to back out but it's too late??? I am about to go to closing in 5 days for a co-op apartment in Queens, NY. But after looking at zillow.com just now I found that recently sold co-ops (that are of comparable size) in the same building and adjacent buildings in the same community sold for roughly 30% LESS than I am paying for this one. When I was negotiating the price, I wanted to ask for lower price but the real estate agent told me that the board might not approve the sale of an apt there for such a low price--- I feel I was lied to. But after speaking to my lawyer, he told me I cannot back out now because I already signed the commitment letter with the bank. Is it possible to still try to negotiate price for this? What should i do?!?! I don't want to overpay 30% for this... What is Buyer's Remorse? The Seller's Lawyer is holding 14,000k (part of the downpayment) --- I was told awhile back that if I want to back out I may not be able to get the $14k back--is that true?
Up to the minute real estate website? It seems as though all the websites I go to for real estate listings (trulia, zillow, yahoo) are about a month behind the curve...the houses I want are usually sold. Is there a more up to date sight I could use?
For real estate experts and creative folks - ways to market two condos? We are selling our two condos in the Upper Haight part of San Francisco and moving to be burbs. Are there any unique ideas that we could do to help promote our units? We are working with a solid agent and have been busy cleaning, painting, et al. We intend to send a note to family and friends, but other than that, we don't know what we can do to help our cause. Also, I am interested in the consensus if the building would fetch the highest price from a single buyer or from two. Any thoughts on Zillow or Trulia? Thanks in advance
Top web sites to obtain real estate info on homes.? Looking to purchase a home in HIll Country of Texas and want to get the best price and there seems to be a huge difference between high and low; therefore, it is difficult to put a realistic price on it. Have been using Zillow -- good but need some more as a comparison. Is there a realiable web site out there that really helps one? Thanks for any help!
Real estate question? Is there a website that I can go to and look at the asking price for houses that are for sale on my street? Zillow does not show houses that I know are for sale and other real estate websites have me search by zip code or city... i just want my street.
Can I work with more than 1 real estate agent ? I am searching for homes and l know all the data comes from 1 source MLS. And all the companies out there remax,century21,zillow all pull the data from the same database and show it to customers on there website. Now when I am looking at a property in each of these company website they present it in a different way(with more info). My question is can I work with more than 1 real estate agent. As sometimes 1 real estate agent might be slow in responding compared to others. Right now I am having 3-4 real estate agents showing me properties. Do I need to tell all of them that I am working with other agents also ? Is it ok to work with more than 1 real estate agent ? I haven't personally signed with any agent. All they do is take my email id and send me the listings to my email. The problem with these agents is the flexibility. Looks like I have to look for someone who is fast to show me homes and help me out. How will agent "B" know that I brought a home from agent "A" ? Its ultimately the agent who showed me the home first which I like ? isn't it ? How will I know how the agent is unless I work with them for few days ?
What gives with home appraisals on Yahoo Real Estate ? I took real estate appraisal classes back in the 1970's and learned some basics. I look on-line at the Yahoo home values and find that Zillow values my home at $167,000 and e-appraisal at $102,000. The 10 comps show an average of $147,000. What gives here ? I do not understand how the appraisals can vary by such a huge margin. This is in the Las Vegas area and we do have the highest foreclosure rate in the Nation. My tax appraisal dropped to $267,000 this year because of the decrease in values. Not interested in selling, just curious as to how such a wide variation between Zillow & e-appraisal is possible, when both should be using the same data.
Why Would Anyone Pay 6% of Their Home's Value To Real Estate Agents? Let's see...they work a dozen hours (tops) and take the equivalent of a year's worth of the average person's salary...hmm, that makes sense! People should list their houses for FREE on Zillow or Craigslist and if you use an escrow company, you do not need an agent to close on a house. Wake up people, you don't have to waste your hard earned money any more (unless you're too inept to take pix, clean/fix up your house, write a blurb about it, show it to some folks). I saved $42,000 on my house sold on craigslist in less than a week for more than my neighbors' houses (that's another realtor trick, to underprice so they don't have to work so hard). AND if you have to buy on MLS, you can use redfin and get 2% refunded to you, or you can just approach the owner yourself and wait until it's off their contract and buy it via another arrangement. Realtors do not own the houses, they do not own the right to sell them.so don't GIVE them your rights and your money when unecessary. I was just on zillow looking for houses, and it's so much easier to search than the real estate sites. Craigslist is a bit more hit/miss and not easy to search. It's not illegal to talk to the owner! LOL You can make any arrangement you want with the owner as long as you wait out their contract period. They can also fire an agent at any time BY LAW. It's THEIR house afterall, not the agent's. It just goes to show that holding any transaction hostage (by non-owners) by methods of illegalities such as price fixing and antitrust violations is untenable not to mention wrong. If a service is actually irreplaceable, it's valued, if it's contrived, it's replaceable. With the advent of the internet, real estate marketing days of old, is dying out. It was unethical all along, it's just now meeting its maker. "A Fool And His Money Are Soon Parted" is the old axiom... But, if you're smart enough to navigate selling yourself, then by all means do so. The MLS is dying, if you're not stupid, then don't be amongst the last suckers taken by it. There's multitudes of companies cannabilizing its last gasps for breath...the MLS discounters, craigslist, Zillow, Redfin, etc. The unethical boycotting price fixing antitrust law violating scoundrels will have to find a job that isn't created by false pretenses of necessity. I'm going to Hawaii, then Europe, then buying myself a new car, on what those realtors tried to convince me (threateningly even) that I couldn't do myself. Ha ha ha ha ha Here's a list of "REALTORS" (TM) LAW VIOLATIONS: PRICE FIXING (they'll boycott anything not 3%/3%) ANTITRUST VIOLATIONS (they'll steer buyers based on THEIR commission, which ONLY realtors (tm) can see in the MLS listing) Plus they regularly THREATEN FSBOs (notice how OMINOUS sounding that "they'll never sell!") What a contrived profession...I folks WANT to pay 6% of their life estate to an agent for a few hours of work, let them...but don't manipulate the whole system (MLS MUST DIE) so that those of us with a brain are mafia-ed into having to use it by virtue of an uneven playing field and threats. MLS SHOULD NOT BE ABLE TO LIST COMMISSIONS--THAT'S AGAINST THE LAW!!
Im looking to purchase a forclosure house in ca.? Im looking to purchase a forclosure house in ca. ON the listing website it says the house is less than on zillow a real estate website. can a house really go for $13,000 if the property is worth $250,000 Im looking to purchase a house for 13k in either merced or modesto where alot of home are on forclosure but the price on zillow.com is 250k. And the 13k was on aol can this be true or just a hoax? Thanks to all you that responed. Im just trying to figure out a way to invest some money and im only 20 so i have alot to learn. Thanks for your time
Home on Zillow showed it was bought for $1.00? ? Online you can get a lot of info. on homes.One home in particular showed it was bought for 1.00. The family has not moved.Does this have to do with the deed or refinancing?Thank you still learning Real Estate.
Is a REO listed for $2500 only $2500? Or does it cost more? There are quite a few REO or Real Estate Owned homes in my area that are listed on Yahoo Real Estate and a foreclosure website for $2500 or less. Does this mean that if I pay $2500 I have purchased the home for just the $2500? Or does it mean that I am taking over someone else's loan? There are other homes that are listed for close to market value. When I checked on Zillow.com, I noticed that houses in that area have sold for $2500. I am so confused. If the houses cost only $2500, then I am interested in purchasing one.
Why do people rely on websites to tell them how much a house is worth? Appraisals are not that expensive!? I am a real estate appraiser. Why would a buyer/seller rely on a website to tell them how much a house is worth? This seems like a ridiculous concept! People are willing to pay HUNDREDS of THOUSANDS of dollars for houses, YET they will not pay a few hundred for an appraisal to make certain that the home is even woth it! When someone buys expensive jewelry, they get and/or see an appraisal, yet people are buying and selling houses based on websites- unreal. I truly think that our country is in a recession because of this type of mentality in America. People think that their "educating" themselves on websites like Zillow. They should be educating themselves on what appraisers have experience in their real estate market so that they can get an accurate appraised value!
How can i short sale my property, when the bank doesn't want to cooperate? I'm currently going through a short sale and am having problems with my lender. I had a short sale that was approved at $450k fall through last month at the fault of my real estate agent. I found a group of investors that had put in a cash offer at $400k. However now that my auction date is arriving soon the person handling my account is saying she won't accept an offer less than $500k She said she checked the comps through Zillow and it showed that's what my house is worth. However I checked Zillow and it's showing that my house is worth about $448k and there are other houses in the area that aren't selling for much more. The group of investors have faxed over the comps showing my house is worth nowhere near $500k and also the letter she faxed 1 month ago approving the previous sale for $450k, and stating the lender would accept a minimum of $426k. However she is still saying that she won't accept an offer for less than $500k. Is what she's doing legal? And is there anything I can do?
My fiance and I are planning on buying a house right now in a down market is it a good idea? ? We found this nice really nice townhouse that we both love and its a forecloser. Its a 2 bed/ 2 and a half bath and really found nothing wrong with it, maybe just new paint and new carpet, we looked at zillow and the last time it was sold was in '06 for $314,000 and now we're in the process of buying it. It was first listed for sale going for $129,000, we made an offer of $100,000 and have the seller pay for $8,000 closing costs. A few days later I check the listing and the price of the townhouse went down again at $115,000. The bank and counter offer ours, stating we should pay the whole new sale price for $115,000 and would pay for all of the closing costs at $6,900. Is this a good deal??? and a wise choice??? I was qualified for VA loan, have good credit +765 score and think I have a pretty secure job, working in the civil service in a hospital. Our real estate agent calculated our monthly bills for a 30 yr fixed mortgage. with a 5.5% interest our monthly payments would only be $1032, that's including the HOA fees, and I don't have to pay 2.2 % interest funding fee because I have 10% disability when i was in the military. My fiance's job looks pretty secure too, both of our income combined equals $72,000/year. Should we continue with the process??? the townhouse btw is a forecloser bank-owned property in SD area. correction: the seller said they would be the one to pay for all the closing costs at $6,900
How do I find recently sold MLS #'s in Brooklyn, NY? My husband and I own a home, but he purchased this home shortly after we started dating and I wasn't involved in the purchase. Long story short, he didn't get too good of a deal on the mortgage and I just made a great deal with a bank on a refi. Then we got hit from left field with an appraisal that is at LEAST 100k less than the house is really worth (when we've had real estate agents tell us as much as 300k over the appraisal value). We need it to appraise slightly higher to be at the 20% vested mark and to make the refi worth it for us. We KNOW it's worth more, and when I spoke to the appraiser he admitted about not knowing the area, types of houses, etc and apologized. Yet in order for the bank to order an appraisal to be redone I have to send them recently sold homes that sold in the area, with the MLS #'s. I've found PLENTY of homes that are smaller and don't have as much to offer that sold well over 100k higher than our appraisal, but I can't find the MLS #'s anywhere. I've been on Trulia and Zillow... still nothing. Can anyone help me find a website with the MLS #'s for recently sold properties in Brooklyn, NY?
Cost of a Web 2.0 development? I want to build a Web 2.0 real estate sites much like Zillow.com and trulia.com. but on a smaller scale to target a small country of 4million population. How much will it cost me to: 1) Develop the entire site including graphic designs, CMS, and with social networking, and integrating with other services like twitter, etc. 2) Runing cost per month/year 3) what kind of platform is best 4) what esle do i need to know? I like to get some ideas so i can write an outline for a freelancer/outsource company. thank you this question is also for me to gather requirements so i can post it to a coder
How to get the best deal on a house from a short sale? Price: $180,000...3 Bed, 2 Bath...2166 sq. ft....8060 sq. ft. lot...Built in 1956...2 large bonus rooms...6 rooms total. Live in Barstow, CA The owner of this house cannot make the payments and have arranged this home to be a short sale. The $180,000 is the left over balance, but my realtor said that I could probably bid lower. Basically what I'm trying to find out is, since the market is projected to go down another 20-25% in 2009, what would be a good price to settle for a home like this. I'm a first time home buyer with a credit score in the high 600's, low 700's(not great, but a good start) and was told I'd qualify for almost $200,000. As far as what I can afford, I'd like to have a $500 mortgage, but that's not going to happen, so I think $800-$1200(p,t,i) would be affordable. I was also told by the loan agent that if I get the house for $180,000 that I'd pay about $1400(p,t,i) so I'm thinking that he's basing that off a 6.3% rate. This house, if bought will be in my name and will use no co-signer. My credit is good, my girl's isn't so it wouldn't help. I know it's older, but the location and size is perfect for our family of 5. For those that would like a little more information on the house before answering here's the address: 710 Yucca Ave Barstow Ca 92311 I used www.zillow.com. Zillow's Zestimate says it's still worth $234,500. Serious answers only please. I am new to the real estate thing so please use laymans terms. Thanks a bunch for your answers!
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