May 2008


foreclosure
Paris P asked:


I am exploring housing options for the near future, looking to buy my first house and willing to fix it up in order to sell in 3-5 years. I would be living in the house as I fixed it up as well. Is there any differences in buying foreclosed or pre-foreclosed houses vs. buying a realtor-listed house that’s for sale and making a low (but not too low) offer? Will it be worth my while to buy the listed house at a discount or should I go for a cheap foreclosure in order to get the best deal?

real estate
taylorsonline asked:


I am fairly new iin this real estate game and my capital is limited. I Need new leads and any advise is welcome. I live in an area where prices are cheeper than most and we do not have a state income tax.

real estate
Luv Peace asked:


I’m planning on going into real estate. Can anyone help me by directing me to a good website or providing info that I need to take the real estate exam. Should I enroll for a class or should I read up some books. If books, then what books do you recommend?

real estate
Trice P asked:


Im a 22 yr old African American female from Tennessee planning to take real estate classes in the fall. I plan to go into the field and succede either way but just wanted to know some success tips from established agents, brokers, lenders, or anyone having to do with the real estate world. Also, willing to travel.

foreclosure
James B asked:


I am going through a strict foreclosure, in CT. I have a lien from a second mortgage and that mortgager is still trying to collect on that debt, should I still be paying on that or will that lien be taken care of through the foreclosure. What are my rights if any in this matter?

foreclosure
sweetsnuz asked:


If the house next door went into foreclosure and then sold for a much lower price than it was originally valued at, does the value of my house go down as well? If so, is this a problem if I am not planning on selling in the near future?

real estate
Danuta asked:


My husband and I are from Toronto, and are interested in purchasing a townhouse in Naples as a family vacation home and rental property. The townhouse is new and is being sold by the builder. How is the real estate market in Naples? Is it less affected by the sub prime problems? Have the property values in Naples fallen as much as in other cities in Florida?

foreclosure
ELMAESTRO asked:


Well I had a foreclosure 7 years ago. Is it true that records cleares after 7 years?

real estate
krstn asked:


I have been in sales for 5 years and am curious how to switch to becoming a real estate agent? How long does it take before you start to earn money? All commission based? Weekends involved? What is the best agency to work for?
Southeastern Michigan. What’s the earning potential?

foreclosure
Wondering asked:


My house in California is currently in foreclosure. I have a 1st and a 2nd mortgage as well as a 3rd, seller note. What happens at the foreclosure auction? What happens if there isn’t enough funds to pay off the leins? What if any steps should I take?

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