To better clarify this, I can influence an appraiser to appraise a $200,000 property for as much as $225,000 or as little as $175,000. That's a pretty big swing. And in a tight deal that can cut into your profit margin substantially. I tell my appraisers not to give me any fluff, or what they think is happening in the market place. As Sergeant Joe Friday from the show "Dragnet" always said, "Just the facts ma'am." So if the seller or savvy wholesaler gives you the appraisal, just keep in mind it could also be just another marketing brochure to sell the deal.
The average home in Charlotte is around $150,000 in 2008. This means that you have a lot of choices when it comes to where you want to live. There are many places that you can choose from however there are a specific few that many people tend to take a look at.
The reason that was given for the lack of permits was that the growth in the number of vacation homes brought too much noise into the neighborhoods. It had also increased the realty prices to a level that Hawaiian residents found difficult to afford.
Yes, well.Remember when you passed your driving test and you saved up to buy your first car? You wanted a candy-apple red Corvette that was a standard with black leather seats. However, you settled for a beaten up old Volkswagen that needed a paint job AND it was an automatic. Are you still driving that car now? No.
A foreclosure is one step beyond that. It is typically where the bank won't work with the owners or the owners have simply given up on trying to keep the house or their credit in good standing. The owner simply stop making payments and there is foreclosure notice on the home at this point. The homeowners typically have 3 months to vacate the home and move on with their credit in a wreck. The home is typically in shambles because if the home owner didn't care enough about their lasting credit score, they are not much concerned with a temporary home at this point. Some homes are in bad need of repair and TLC.
The landlord in turn leaves the tenant alone, doesn`t spy on the tenant,nor harass the tenant in anyway. After all the FAR "Lease Agreement" clearly specifies what can and can`t be done. We have a situation where the "Landlord" has a habit of calling the police on their tenants, they feel that a tenant pays them rent and than becomes a SLAVE to the landlord!
Throw in a new washer and dryer, refrigerator, new stove, microwave and always add a dishwasher if you can. The house doesn't have central air? It's not in the budget? How about buying a 15,000 or 18,000 BTU air conditioner and putting it in to cool the house?