Renting Real Estate Questions and Answers

How much should I settle up for a studio apartment contained by Northridge California? CSUN?

I goto CSUN looking for a cheap studio Apartment, looks like from what I've see a studio will cost me from $600-700 right? Sounds expensive.


Answers: Sounds about right.
For comps, check out losangeles.craigslist.org/hhh

How infirm do you hold to be to rent a appartement?

If I em 16 years can I live on my own in a appartement if i can reward for it by myself cause I enjoy a Job. and I would be still going to High-School


Answers: You have to be 18 to sign a lease unless you own a co-signer or are emancipated from your parents. Either way...it's going to be incredibly difficult to find a landlord who is predisposed to rent to a 16 year old lofty school student.
You want to be 18.

Has anyone ever purchased a home that have be foreclosed or repossesed?

there is a home surrounded by our area that be foreclosed on and went to sheriff public sale where it did not bring any bids (the orifice bid was for 2/3 of the appraisal efficacy which was 500,000) so the hill bought the property back and immediately has it scheduled for 499,000. is it possible to purchase the home from the bank for close to the 2/3rds of the appraisal expediency. thanks for any info


Answers: The wall will never take smaller number than is owed on the courthouse steps (accounting, deficiency judgment, etc.). Where did the appraisal come from, and how credible is it? Do you intend to live in the property, or is it an investment? 66% of their "stated appraised value" could, contained by fact, a short time ago be current market efficacy. In todays climate, "wanna-be" investors can't get money and your individual real competition will be those next to financial wherewithal. Depending upon the necessary repairs, the home may not qualify for typical financing, further falling potential buyers (this can be handled beside creative methods common to investors). In a nutshell, "yes", these properties "can" be purchased for 66% or smaller amount, but of what? Current value? After repaired significance? It appears your question beg more questions than answers, and what you really entail to know is its current value "as-is". Depending upon your situation, and appropriate applicable added costs, this will dictate what you'd be willing to discharge (although always submit less at first). Personally, as it appears you've never done this beforehand, I'd recommend seeking out competent assistance (not someone who watches "flip this house"). These can be a great deal if you've done your homework (properly) going contained by, and an absolute nightmare if you haven't. Best of luck.
Yes i hold ruitinely offered 65% of value on these foreclosure homes. I never money over 70% of appraised value. That 500k home should know how to be purchased for 350k to 380k.
Good luck
Make an offer. I would assume they would want to sell it. Rather than enjoy it empty.

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