Real Estate

the exchange was not completed. However the state is charging transfer tax on property held by intermediary when deed was conveyed back to me.

Bummer. Transfer taxes are up to the authority that imposes it. If your transaction was taxable then you will have to pay.

Normally the only transactions that are exempt are those between family members, and sometimes only when due to an inheritance. The conveyancing to the intermediary for a 1031 exchange normally isn’t exempt, nor is the re-conveyancing when it’s returned to you if the exchange falls through.

I need at least $900 dollars a month to live decently. Is that realistic in this economy?

of course; if you become an exclusive buyer’s agent.

and stay away from NAR

We had accepted offers on each other’s house, appraisals came back to low from the lender. One party can afford to go lower, the other cannot because of the realtor fees. (appraisals were approx 12k low). Contract w/ the realtor ends in 2 weeks, can we just switch to fsbo and buy each other’s houses at the appraised amounts and exclude the realtor?

More than likely you signed a contract with the real estate company to list the house. You will notice that there is a time period, typically six months, in which you are still obligated to the contract for any offers resulting for the time in which the listing contract was active.

You are better off trying to work out a solution with the agents already involved. Sometime when everybody gives up a little everyone wins.

http://www.WatchMojo.com presents some of the top attractions to visit in Orlando, Florida.

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I have taken a flat in the panvel projects and hence keen to know about the track record of Indiabulls?

you have to check up from the purchasers of previous project of India bulls. They only can give correct picture.

Y= a +bx , Y is realty market (dependent Factor) and rate of inflation is x which is fixed say 19%. What would be a (constant) here?

The average/median home price increases with time because they are bigger, have more amenities,and land values increases due to higher population densities as well as inflation.

Home prices increases with the CPI , the change in CPI ( inflation) would correlate with the change in home prices. If you used change in price for Y then the constant would be the average increase due to the other factors.

More lowlights from the REO trail in North San Diego County

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Maybe insane people are just people who have broken free from the ties that bind normal people. What if what your seeing right now is actually not there. What if your actually insane?

Most insane people are patently incorrect about everything. Your question is like the sound of one hand clapping.

These islands are the largest land reclamation projects in the world and will result in the world’s largest artificial islands. They were commissioned in order to increase Dubai’s tourism. Each settlement will be in the shape of a palm tree, topped with a crescent, and will have a large number of residential, leisure and entertainment centers. The Palm Islands are located off the coast of The United Arab Emirates in the Persian Gulf and will add 520 km of beaches to the city of Dubai.

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This is to be payed by the buyer (me) at close of escrow ($395 is what I was quoted). This is in addition to the 3% to be payed by the seller. This came from a Prudential Realty CA agent. Is this common? Anyone heard of this before?

realtors try this all the time and call it an admin or processing fee. unless you agreed to it in wrting on buyer agency agreement then tell them to forget it. they cannot just add a fee that you never agreed to in writing.

this is a technique many realtors try with buyers now to earn a little extra money.

inexperienced buyers get nailed with this all the time. i wonder why real estate agents have bad reputations?