The current owner bought it less than a year ago. Should I search the Yellow Pages for a home near this property, call them and ask if they knew the previous owner? I have also considered going back to the town and searching public records to find the sale. Never done that before. What would I be looking for? What would speed up my search? Any other suggestions as to how I can find out this information?
2006-09-09 09:54:42 · 7 answers · asked by Anonymous in Home & Garden ➔ Other - Home & Garden
Go to the Assessor's office in that town and tell them what you want to find out.
2006-09-09 09:57:00 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Well, here is the thing about buying houses. I can almost assure you that the previous owners paid a lot less than you are would pay. Probably 10 to 12 thousand less. Especially becuase they didn't live there very long. It usually costs the seller a lot to have century 21 sell a house for them. Here is what happened in my case. I bought my house for 93K. I sold it like 2 years later for 104.5k Why? Luckily the market value of the house went up. Real estate agencies have to do a market analysis base on the location and how other similar houses are selling. But get this. I was still 2k short from breaking even!! Even though I sold it for what I did I still had to pay in the end, because the real estate agent collects like 4-6% for their commision. So don't think the sellers are crooks for being able to sell their house for a lot more than they paid for it. They have to sell it for a lot more than they paid for it in order to just beak even. So keep that in mind before buying that house! Are you going to be there for a while. If not, you better rent because you'll have to sell it for like 12% more than what you pay for if you want to break even. I think I just got really lucky. I could have had to shell out like 15k if i couldnt sell the house for even what I paid for it. Also, if you think you will only be there for a short while, keep in mind that during the beginning part of the loan, each payment you make is like 95% interest! Money you are just throwing away. Its just advice :o)
2006-09-09 10:09:35 · answer #2 · answered by Casey 3 · 0⤊ 0⤋
tax assesments are what they gauge the value at. The market value varies widely. WHY do you want to know?
What the market will bear is the usual, though negotiations are prevalent.
There are no less than a dozen homes in my town I'd like to own forever, but the exponential increases in housing make that impossible.
Get a Real Estate Attorney, check comparables,,, Call and Blatantly ask!!! Etc.
I bought a home, built from scratch in 1992. I lived in it. I keep up with value versus price, and that home purchsed in 92 for $128,000, is worth today,,,$350,000,,,,,as a comparable selling price,,and can sell at that price.
Certainly you don't want to pay more than it's worth,,,but you don't state why you want to buy. Beyond that,,,VALUE is very subjective and relative. Research not only it's value, but condition, improvements/upgrades, and location versus comparables.
Rev. Steven
2006-09-09 10:09:05 · answer #3 · answered by DIY Doc 7 · 0⤊ 0⤋
It is public record, you can get it off of the net or go to your local city/town hall or county register's office.
2006-09-09 10:01:07 · answer #4 · answered by Bethy4 6 · 0⤊ 0⤋
you can do a title search at the county recorders office.
if you have a real estate agent and it was sold through multiple listings then they can look it up for you.
2006-09-09 09:58:44 · answer #5 · answered by Country 5 · 0⤊ 0⤋
well if the house is big and nice then it will coast alot of money wellhouse sre alot good lucky
2006-09-09 10:01:29 · answer #6 · answered by Terri 2 · 0⤊ 0⤋
Give me the address and I will let you know!
2006-09-09 10:01:00 · answer #7 · answered by Anonymous · 0⤊ 0⤋