Again, Craigslist to the rescue. Though it turned out there was only one furnished apartment listing in the location and category I needed, it was a winner. I sealed the deal in a New york minute, and was ready to assume my new life in a new city.
This means that there are plenty of opportunities for you to get a home at prices that are much lower than the current market value. Yes, you can get a massive savings on a home and get lower monthly payments because of this!
One other option I thought about carefully was to file for bankruptcy. I spoke with a bankruptcy lawyer and the list of conditions to file bankruptcy and still keep my house was so scary that i knew I’d rather lose the house. I’d basically be forced to inventory everything I own, give up everything they wanted, and still make payments to my mortgage company, and to the courts and the lawyers too! Trading one big bill for 3 arguably smaller bills was not the solution I had in mind.
Access to immediate help in time of financial distress. People who own multiple houses but are in terrible financial distress would rather sell some of their homes than have the other ones go into foreclosure. Sure they can go hock the house on their own. But given the market performance, they will definitely have a hard time finding determined buyers. By selling your house to Realty Express, Inc., the process is much quicker. This then allows for faster recouping of equity payments to have funds to save other properties in danger of repossession.
The condition of the house: When you visit the house for the first time, check it thoroughly for any sign of poor maintenance. This will mean a lower price of the house, right there. Is the grass in the lawn properly mowed and looking a healthy green? Are the rooms properly furnished, and looking well maintained? Are the bathrooms looking pristine, with no dripping faucets or leaking pipes anywhere? These are just some of the questions that you should find answers to when you visit the house.
This real estate frenzy is being led by the province of Alberta and their incredible economy. The cities of Calgary and Edmonton, which reported their highest level of new real estate point ever in the third quarter. Montreal and Toronto reported their second highest amounts of new listings for any quarter, as well.
If you are selling your home, look at the listing in your area and see what your home has to offer that other don’t and set your price accordingly. If you list too high, you may not sell your home. If you list too low, you will be given away your hard earned money.