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Thursday, July 3, 2008
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11 comments:
Did anyone else see this?
"Congressman Ed Perlmutter (D-Colo.) recently introduced a bill that would enable home buyers to qualify for lower interest rates on mortgages for homes located near mass transit."
http://www.forbes.com/energy/2008/07/02/commuting-mass-transit-biz-energy_cz_ms_0702efficiency_efficienthoods.html?feed=rss_business_energy
I dont know if this goes anywere in congress, but still, with gas prices the way they are, dont ya think there are enough incentives already to live close to mass transit?
Yikes! Seriously, do we really need to bid up the prices of the homes near mass-transit even more than they already are? Hopefully sanity will prevail and like most bills this will never see the light day.
How do you check comparables for a home you're interested in? Franklymls is useful but it doesn't have listings for houses that have recently sold. I'd like to see pictures of the insides to see what amenities these places had. Are there archives of MLS listings somewhere?
Also how do you get the numbers on how much the seller has rebated back to the buyers?
hi, if you are working with a Realtor, s/he can pull off photos of recently sold homes, including interior photos if they were on MLS. The Realtor will also have the rebate #s. I don't think that the county assessor websites or the sites like Zillow generally have either of these.
These legislators should redirect their efforts toward building more metro stops and lines. The housing market take care of itself from there.
How about getting this information without using a realtor?
As I said, I don't think you can get that information at the sites of the other sources of other home sales info. Maybe someone else knows of a source.
Zip realty used to let you see old listings if you entered the exact address. Unfortunately, all it shows now is a map with recent sales in the area. That will give you a general idea of what's selling and for how much. That may be some help to you.
hi: for that very reason, I used ZipRealty and save any houses I find interesting ("my houses"). That way, if it sells, I can still check out the pictures at a later date after it is off the MLS.
What use the "sold price" in the county tax listings if it is not correct due to seller subsidies?
There seem to be a lot of games being played with what should be public information. (And no I'm not just now realizing this nor naive) Why has nobody stopped this? Zillow and the other places base their valuations on these incorrect numbers.
redfin.com can show you sales (past 3, 6, 12 months). I wouldn't use them to purchase or sell though. It is much like zip but you can download sales into a file and play with the data.
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