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Recent Questions

1892 questions found

What factors affect the amount of commission you pay?

I've seen different commission rates, and I get that probably commission is based on experience. What else affects the commission rate? And is it locked in once I agree to work with an agent or can they change it?

Asked by Mark V | Newark, NJ | 01-11-2023 | 1,539 Views | Working With an Agent | Updated 3 years ago

How to account for parents loan for downpayment?

Hi, my parents are loaning me money for a downpayment. How do I account for this? Will I have to pay taxes on it? I'm paying them back, so how does all of this work? Thanks.

Asked by Kelsey M | Portland, OR | 01-11-2023 | 928 Views | Buying | Updated 3 years ago

How can I tell if an area is up and coming?

Hi, I'm thinking of buying a place and wondering how I can tell if a neighborhood is up and coming. I'm hoping to get the most out of my home purchase by buying a place that will appreciate relatively quicker than other areas.

Asked by Gabriel R | Chicago, IL | 01-11-2023 | 1,775 Views | Buying | Updated 3 years ago

Can I make the buyer pay all the closing costs?

How can I get my costs as low as possible on my home sale so I can make the biggest profit? Can I get the buyer to pay closing costs?

Asked by Greg M | Jerome, AZ | 01-10-2023 | 1,416 Views | Selling | Updated 3 years ago

How long do you need to stay in a house before selling it?

How long do I need to stay in a house before selling it? Is it a waste financially if I don't stay in it for a certain length of time? Thanks.

Asked by Bernard R | Charlotte, NC | 01-09-2023 | 1,995 Views | Buying | Updated 3 years ago

When should I buy an investment property?

My husband and I have always wanted to have a rental property, but we're scared to pull the trigger. We don't want to stretch ourselves too much financially and get stuck. But we also know that all investments carry some risk. Do you have any advice? At what point should we feel confident with our purchase?

Asked by Taylor G | New Buffalo, MI | 01-09-2023 | 1,051 Views | Investing | Updated 3 years ago

Percentage rules for home buying?

I've heard that there are percentage "rules" for buying a house. What does this mean? I think it's something with how much house I can afford?? I'm hoping to buy in the spring and am trying to figure out everything I need to know about buying. Thanks!

Asked by Veronica S | Albuquerque, NM | 01-09-2023 | 626 Views | Buying | Updated 3 years ago

How do VA loans work?

My wife is active military and we are hoping to buy our first home. Is there any reason why we shouldn't use a VA loan? How do we get started?

Asked by Jamie L | McLean, VA | 01-06-2023 | 1,854 Views | Buying | Updated 3 years ago

Can we negotiate on damage we don't see?

We are buying a house and are pretty sure there was a leak in the carpeted basement that was fixed, but the carpet is still there. I'm worried that there is mold under the carpet but won't know till we pull it up. If there is, I want them to pay for it to be replaced. How can we check without pulling it up?

Asked by Cheri | Milwaukee, WI | 01-05-2023 | 1,171 Views | Buying | Updated 3 years ago

The proposed contract with a comm'l realtor seems ?

Recently had a commercial realtor walk thru my property which has business zoning on the main level with a 1 BR residential apartment upstairs. The contract, which I haven't yet signed, indicates that the realtor would have exclusive rights for a period of 12 months. I am concerned about making such a long term commitment. Realistically, what are my other options?

Asked by Anonymous | Batavia, IL | 01-04-2023 | 720 Views | Working With an Agent | Updated 3 years ago