Comments for Real Estate http://www.region3tm.org Thu, 11 Mar 2010 20:44:59 -0600 http://wordpress.org/?v=2.8.4 hourly 1 Comment on How is the realestate is Costa rico I may be able to transfer with my company? by AttorneyKearney http://www.region3tm.org/realestate/how-is-the-realestate-is-costa-rico-i-may-be-able-to-transfer-with-my-company/comment-page-1#comment-673 AttorneyKearney Thu, 11 Mar 2010 20:44:59 +0000 http://www.region3tm.org/realestate/how-is-the-realestate-is-costa-rico-i-may-be-able-to-transfer-with-my-company#comment-673 Prices can vary a lot, you need to establish what your budget is for renting or buying, they vary from $300- $2000 a month to rent , to buy you can say between US $50,000- 2 million. Lic.Gregory Kearney Lawson.<br><b>References : </b><br>http://attorneykearney.com http://attorneykearney.blogspot.com Prices can vary a lot, you need to establish what your budget is for renting or buying, they vary from $300- $2000 a month to rent , to buy you can say between US $50,000- 2 million.

Lic.Gregory Kearney Lawson.
References :
http://attorneykearney.com
http://attorneykearney.blogspot.com

]]> Comment on Simply Red ~ Home loan blues by olahinc http://www.region3tm.org/red-realty/simply-red-home-loan-blues/comment-page-1#comment-672 olahinc Thu, 11 Mar 2010 09:39:21 +0000 http://www.region3tm.org/red-realty/simply-red-home-loan-blues#comment-672 <b>awesome!</b> <br> awesome! awesome!
awesome!

]]> Comment on Simply Red ~ Home loan blues by 76pralinette http://www.region3tm.org/red-realty/simply-red-home-loan-blues/comment-page-1#comment-671 76pralinette Thu, 11 Mar 2010 09:39:21 +0000 http://www.region3tm.org/red-realty/simply-red-home-loan-blues#comment-671 <b>M*A*G*N*I*F*I*Q*U*E ...</b> <br> M*A*G*N*I*F*I*Q*U*E Merciiiiiiii M*A*G*N*I*F*I*Q*U*E …
M*A*G*N*I*F*I*Q*U*E
Merciiiiiiii

]]> Comment on Simply Red ~ Home loan blues by judithkhan http://www.region3tm.org/red-realty/simply-red-home-loan-blues/comment-page-1#comment-670 judithkhan Thu, 11 Mar 2010 09:39:21 +0000 http://www.region3tm.org/red-realty/simply-red-home-loan-blues#comment-670 <b>sweet ...me encanta ...</b> <br> sweet ...me encanta simply red :)... sweet …me encanta …
sweet …me encanta simply red :) …

]]> Comment on How do I file the tax information on a piece of realestate that was sold? It was put into 3 peoples names.? by tappinsteve http://www.region3tm.org/realestate/how-do-i-file-the-tax-information-on-a-piece-of-realestate-that-was-sold-it-was-put-into-3-peoples-names/comment-page-1#comment-667 tappinsteve Tue, 09 Mar 2010 20:30:59 +0000 http://www.region3tm.org/realestate/how-do-i-file-the-tax-information-on-a-piece-of-realestate-that-was-sold-it-was-put-into-3-peoples-names#comment-667 If the house was already in the children's names, then there was no inheritance. Therefore it would be considered a sale of real estate. I believe the basis of the house would have been the basis on the date of the transfer, not the appraised value. Don't forget to add the cost of any improvements to the original basis. For more information go to the IRS website and download Publication 523 - Selling Your Home. If that doesn't help, call the IRS directly.<br><b>References : </b><br>www.irs.gov If the house was already in the children’s names, then there was no inheritance. Therefore it would be considered a sale of real estate. I believe the basis of the house would have been the basis on the date of the transfer, not the appraised value. Don’t forget to add the cost of any improvements to the original basis.

For more information go to the IRS website and download Publication 523 – Selling Your Home. If that doesn’t help, call the IRS directly.
References :
http://www.irs.gov

]]> Comment on Luxury Beach front real Estate, Villa Del Mare, Grand Cayman by gm987 http://www.region3tm.org/red-door-realestate/luxury-beach-front-real-estate-villa-del-mare-grand-cayman/comment-page-1#comment-665 gm987 Mon, 08 Mar 2010 11:28:21 +0000 http://www.region3tm.org/red-door-realestate/luxury-beach-front-real-estate-villa-del-mare-grand-cayman#comment-665 <b>Is there anything ...</b> <br> Is there anything similar available on the island? Is there anything …
Is there anything similar available on the island?

]]> Comment on Realestate agents? Are you the one who is supposed to find the lender or is the buyer? by eatonwrite http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer/comment-page-1#comment-663 eatonwrite Mon, 08 Mar 2010 06:01:59 +0000 http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer#comment-663 wow, you got some REALLY good answers---people must like you---suggest you give DJB best answer as she gave hugs and an invitation to e-mail her further, and strongly suggest you do an MS Word cut and paste with some of the other good answers and print it out and study them. One common theme---this IS a huge decision, every tenth of a percentage point counts, upfront fees cost less than percentage points in the long run. I have spent a lot of time in NC, some of it singing in church choirs at Montreat near Ashville, other times around Raleigh/durham where I have an aunt, cousin, and a few neices and a nephew. The one piece of advice I'd give you is this---the most important issue you will face in the net 10 years around a new house will possibly be the quality/availability of quality ground water and energy efficiency. I don't know if you're thinking rural, urban, or suburban, but whichever---put some serious thought behind the availability of quality ground water. It matters now---it's gonna matter more and more as time goes on. all the best----brian<br><b>References : </b><br> wow, you got some REALLY good answers—people must like you—suggest you give DJB best answer as she gave hugs and an invitation to e-mail her further, and strongly suggest you do an MS Word cut and paste with some of the other good answers and print it out and study them. One common theme—this IS a huge decision, every tenth of a percentage point counts, upfront fees cost less than percentage points in the long run.

I have spent a lot of time in NC, some of it singing in church choirs at Montreat near Ashville, other times around Raleigh/durham where I have an aunt, cousin, and a few neices and a nephew. The one piece of advice I’d give you is this—the most important issue you will face in the net 10 years around a new house will possibly be the quality/availability of quality ground water and energy efficiency. I don’t know if you’re thinking rural, urban, or suburban, but whichever—put some serious thought behind the availability of quality ground water. It matters now—it’s gonna matter more and more as time goes on.

all the best—-brian
References :

]]> Comment on Realestate agents? Are you the one who is supposed to find the lender or is the buyer? by J@$pe® http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer/comment-page-1#comment-662 J@$pe® Mon, 08 Mar 2010 05:46:59 +0000 http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer#comment-662 Realtors aren't obligated to find a lender for the buyer but most of them will at least help the buyer search various lenders. In the end, it us up to the buyer to make a final determination as to who the lender will be.<br><b>References : </b><br> Realtors aren’t obligated to find a lender for the buyer but most of them will at least help the buyer search various lenders. In the end, it us up to the buyer to make a final determination as to who the lender will be.
References :

]]> Comment on Realestate agents? Are you the one who is supposed to find the lender or is the buyer? by Kite Fanatic http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer/comment-page-1#comment-661 Kite Fanatic Mon, 08 Mar 2010 05:20:59 +0000 http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer#comment-661 I agree with most of the previous answers and would like to add the following: 1. A good agent will refer at least 3 lenders and never insist on working with any of them. Yes, more experienced agents will know who's got the better reputation for cost, professionalism, etc. 2. Always shop more than one lender. Most people don't know that multiple mortgage inquiries within a 14 day period will only count as one inquiry against the credit score (sometimes that period can be 30 days, but I always go with 14 days to be safe) 3. When getting quotes back, compare the APR vs the rate alone. The APR tells you the total cost of the loan over the 30 years and takes into consideration the fees involved in the loan. Caveat: for some people(those who plan on staying in the home/mortgage long term) , it's worth it to pay more fees in order to get a lower rate/payment. For others (those who only plan on being in the home/loan a short period of time) it's worth it to pay less in fees in exchange for a slightly higher rate. A good lender will go over at least two options with different rate/fee combinations. 4. When getting quotes, find out what needs to be done in order to guarantee the quoted rate. Ask whether that rate is locked, and if so, for how long. There's always that horror story of a lender quoting something only to have it change at the closing table.<br><b>References : </b><br>kitesurfer who occasionally has to sell mortgages to feed the hobby :) I agree with most of the previous answers and would like to add the following:

1. A good agent will refer at least 3 lenders and never insist on working with any of them. Yes, more experienced agents will know who’s got the better reputation for cost, professionalism, etc.

2. Always shop more than one lender. Most people don’t know that multiple mortgage inquiries within a 14 day period will only count as one inquiry against the credit score (sometimes that period can be 30 days, but I always go with 14 days to be safe)

3. When getting quotes back, compare the APR vs the rate alone. The APR tells you the total cost of the loan over the 30 years and takes into consideration the fees involved in the loan. Caveat: for some people(those who plan on staying in the home/mortgage long term) , it’s worth it to pay more fees in order to get a lower rate/payment. For others (those who only plan on being in the home/loan a short period of time) it’s worth it to pay less in fees in exchange for a slightly higher rate. A good lender will go over at least two options with different rate/fee combinations.

4. When getting quotes, find out what needs to be done in order to guarantee the quoted rate. Ask whether that rate is locked, and if so, for how long. There’s always that horror story of a lender quoting something only to have it change at the closing table.
References :
kitesurfer who occasionally has to sell mortgages to feed the hobby :)

]]> Comment on Realestate agents? Are you the one who is supposed to find the lender or is the buyer? by ay bay bay http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer/comment-page-1#comment-660 ay bay bay Mon, 08 Mar 2010 04:33:59 +0000 http://www.region3tm.org/realestate/realestate-agents-are-you-the-one-who-is-supposed-to-find-the-lender-or-is-the-buyer#comment-660 Technically it isnt the realtors job, but it is in their best interest to close the deal, so if that means helping find a lender so they can get their comission, they would be stupid to not do so.<br><b>References : </b><br> Technically it isnt the realtors job, but it is in their best interest to close the deal, so if that means helping find a lender so they can get their comission, they would be stupid to not do so.
References :

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