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New Jersey Real Estate License Class

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danley-genetors

New York Times

Stream of Foreign Wealth Flows to Elite New York Real Estate
New York Times
The high-end real estate market has become less and less transparent — and more alluring for those abroad with assets they wish to keep anonymous — even as the United States pushes other nations to help stanch the flow of American money leaving the ...

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Here's me bitching about the real estate market in Austin

Wed, 10 Apr 2013 08:23:25 -0700

So before I begin, let me just say I was born in Austin in 84. Sure, my parents came from California a couple years before, but I've been here my whole life.

I got married a couple years ago and me and my wife have been saving for our first house. We have the money, but this real estate market has made it almost impossible for us to buy a house.

Let me give you some examples of what happens when we like a house that we see online:

20% of the time, the house is already pending (even though it had just been posted the previous day)

30% of the time, I go out with our realtor, by myself, and then the house is already pending before my wife can come see it (the next morning, so within 18 hours). I'm starting to realize I should just put a bid on the house just assuming my wife will also want it.

20% of the time, we put in an offer above asking price, and we get out-bid. For instance we just put an offer of 195k on a 193k asking price, and got out-bid.

The rest of the time, we just end up not liking the house.

So, in conclusion, does anyone have a 3-4 bedroom house in South Austin for under $200k that they're gonna sell this summer?

ITS A GREAT FUCKING MARKET, IF YOU'RE SELLING! (and shitty shitty shitty if you're buying)

submitted by z64dan to Austin
[link] [198 comments]

Jason Gilbert Commercial Real Estate The Future of Multi- Family Real Estate


New York Times

Space Age Relic Enters Astronomical Real Estate Market
New York Times
The building sits on a big open parcel, and its redevelopment provides a window into the high-stakes real estate and neighborhood politics of Kendall Square, now one of the most valuable markets in the country. The redevelopment springs not from a ...

First time home buyer here. Why are my mortgage broker and real estate agent discouraging me from making offers on bank owned properties?

Sun, 01 Jun 2014 07:06:10 -0700

Hi Guys,

First time home buyer here so I might have some questions that seem pretty obvious. So I am looking at buying a condo. I'm 25. I currently live with my parents rent free. I am seeing alot of great bank owned properties on the market and I would love to make an offer. Downside is, I don't have the full amounts in cash most of the properties are asking for. So I will be putting a 20% down.

My mortgage broker and real estate agent strongly discourage me from going after bank owned properties. They say it takes too long to hear from the bank. This annoys me because, I currently live at home so its not like I URGENTLY need to find a place. I have the time to wait it out.

Are they just being lazy because its the same amount of paper work for less commission? Does anyone have experience buying bank owned properties without the full amount in cash? How long did it take to hear back?

Thank you for guiding a newbie!

edit: Thanks for the advice guys. I just wanted to add that I'm thinking of buying a condo, and not a house. NOt sure if this makes a difference in anything. I also live in NJ.

edit 2: Wow! I just checked back on the comments and never expected to get this much. Thank you so much for taking time out to respond to me. I'm sorry If i don't get a chance to directly thank you. Please know your advice is greatly appreciated.

submitted by anonchick123 to personalfinance
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