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For your sake, I would STRONGLY recommend consulting an attorney, at the very least. Because you’re the buyer, you have a lot more at risk in a real estate transaction than the other party. In some states, any exchange of real estate REQUIRES the presence of an attorney at some point during the settlement.

You can’t require a seller to use a real estate agent, since the seller usually pays commission fees, but maybe the seller would agree to pay a discounted commission so that you can be represented by a real estate agent. If the seller isn’t willing to do this, I’m not sure I would proceed with the purchase. It may be that the seller just doesn’t want to spend the money–but, what if the seller is trying to rip you off? How would you know?

I would always urge a buyer to find a qualified professional to represent them in such significant financial commitments.

interested in purchase,pictures please

Read Matt Barett’s Web Guides on Property for Sale in Greece

http://www.greecetravel.com/realestate/

What are my financing options available at the time of a sale of realestate property to compensate for monies owed mortgage company due to falling appraised value of the home? In other words, price/sale of home will not pay off the outstanding mortgage balance. Thanks.

You will have to ask the lender if they can do a short sale or personal, unsecured loan if you wish to sell your home for less than what you owe on it. Those are your two options.

If you’re already under contract to sell your home, you’d better start making some phone calls ASAP and have your Realtor help you with this.

Best of luck to you!

We are thinking of selling home to move into smaller house.
but don’t want to sit on old house for long time.

There is not going to be a company that buys their clients homes, especially since they can not control if you sell it or not. The homeowner sets the price, controls the condition, etc, it could be IMPOSSIBLE to sell and meet your expectations.

I am trying to find a large selection of realestate (property) for sale in Bosnia. I was wondering if anyone knew a website that listed it. I found a few that had very old flats for sale but i didnt find much. An email address would work too if yall know anyone. thank you

Hi.. Since you haven’t said which town you want.. I have given you links that cover the whole country..

By typing in ‘oglasi’ (advertisement) + ‘nekretnine’ (real estate) + ‘BiH’ (Bosnia).. you will find many websites that show property for sale..

1) Here are a few of the largest:

These two sites are in English and German as well as Bosnian.

http://www.prodaja-nekretnina.com/ba/eng/index.php?action=page_display&PageID=18

http://www.nekretnine365.com/nekretnine-bosna/index.php?template=en

I’m sorry the rest are only in Bosnian

http://www.domusmea-nekretnine.info/

http://www.webnekretnine.net/search.php?catid_search=0&e_1=4&do_search=Pretraga

http://www.oglasi.com/index.php

http://www.nekretnine.ba/

2) If you are looking for a new property here are a couple of sites for new developments (Both pages are in English)

http://www.vrtoviriverine.ba/index.php?lang=en

http://www.nekretnine-sesar.com/

3)Whilst unlike Croatia there are no restrictions on foriengers buying property in Bosnia.. there are of course the usual formalities and red tape.. I strongly suggest that you employ an estate agent to oversee the purchase.
Here are a few local agencies that are used to dealing with foriengers. All speak English, and have websites in English

http://www.sarajcity.com/

http://www.adriatica-estate.com/english/index.php

http://www.agent.ba/

http://www.bosnia-herzegovina-property.com/properties-for-sale/index.html

4)The prices are advertised in the local currency (KM) or sometimes euros.
If you need any help reading any of the pages, please feel free to email me. Here are a few important words..

PRODAJA /PRODAJEM (for sale)
STANOVI (apartments)
KUCE (houses)
POSLOVNI PROSTORI (business space)
ZEMLJISTA (real estate land)
VIKENDICE (holiday house)
GRAD (city/town)
CIJENA (price) PO DOGOVORU (on agreement)

And here are two dictionaries that maybe useful…

http://www.slavicnet.com/

http://www.datoteka.com/rjecnik/

I recently came into some money and want to invest in realestate. I’ve heard about buying homes from the goverment that people have not paid thier taxes on and and now are up for a tax lien sale. How do I get a list of these homes?

http://www.hud.gov/

Anything will sell if the price is right. Unfortunately in today’s market you may be expecting a lot more than people are willing to pay. For example, if you listed your house for $100, someone would buy it today. Somewhere between where you are currently listing and $100 is the right price for today’s buying market. The trick is finding the right price.

currently i’m in india and want to know would i’ll be making big bucks in this sector or not?

At this time in most of the United States the Real Estate industry is not the place to be. Based on all of the information that I have seen in our community and other states this is probably an industry to stay away from.

I want to buy realestate by paying the taxes on the property

That would probably be a highly unlikely scenario. If the government foreclosed on a property due to the property taxes being unpaid, then it would be put on the market for what it was worth, or perhaps a bit less….not for just the amount of the taxes. Besides, the property taxes would probably be substantial, and the property wouldn’t be kept up….after all, if the owner didn’t have the money to pay the taxes, therefore they probably didn’t have money to keep up the property.

Don’t listen to the people that tell you to stay out of the biz. They are either pessimistic or they don’t want added competition. Here’s the thing, if you are good, it doesn’t matter if the market is up or down, as long as you are better than the competition.

I got my license through Allied Business schools and took a lot of practice exams. When checking my answers, I made sure I understood why I got certain questions wrong so that I could learn from those mistakes.

Good luck.