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Tag: reader_question

What’s the Worst Home Price Haircut You’ve Found?

Posted on October 4, 2010October 5, 2010 by The Tim

I received the following suggestion from a reader in an email with the subject: “Column Idea: Worst Haircut?” Here’s a fun property: 42905 SE 177th St in North Bend Sold in August 2003 for $570,000, then sold for the insane price of $725,000 in April 2007, only to get taken back by the bank in…

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Reader Question: Is FHA financing a seller repellent?

Posted on September 28, 2010September 28, 2010 by The Tim

A reader emailed me with the following question: My girlfriend and I put an offer on a house last week. The house was listed in the upper $500k range, and we offered $25k under asking with $10k in closing costs to be paid by the seller. We had 1% in earnest money included in the…

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Reader Question: Worried About Goldman’s -22% Forecast

Posted on June 18, 2010December 31, 2010 by The Tim

A reader dropped me the following email and posted this question in the forum, which I thought was interesting enough to share with the whole community to get everyone’s responses. I’m recently engaged and looking to buy a home. I’ve crunched my budget inside and out, know what I can afford that isn’t over reaching….

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Top Three Improvements to Sell Quickly?

Posted on May 24, 2010May 24, 2010 by The Tim

Great question in today’s open thread: What are the top three things you would spend money on to get a house sold quickly? Here are my top three: curb appeal serious cleaning staging By “curb appeal” I mean literally anything that is visible from the curb. You want your home to make the best possible…

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Reader Question: No Debt & An Impending Raise – Time to Jump In?

Posted on October 19, 2009October 19, 2009 by The Tim

Here’s a question I received from a reader over the weekend: I have $50k in the bank, no debt, make 50k per year and am confident in a position that will pay 75k per year starting 06/10. Let’s assume that if the position doesn’t happen, I will take a second job to make up the…

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