Not to knock your realtor, but, if it appraised at $40,000, why did your realtor list it at $70K?You could always counter the $31K offer (hopefully it's all cash). What does your Realtor have to say? I can probably guess, but I'm curious.Nick
Contact an agent in your area. If the home is vacant and everyone does what they need, a standard sale can close in about 10 days. An REO in 20 days at best, and a short sale, well it'll take some time.
Unfortunately, if the auction terms for the property are cash only, they most likely would not allow you to switch to a financed offer if you were the winning bidder. You should contact an agent in your area and look for a property you can purchase with a 203K loan.
Contact a Redfin agent. They love giving their money away.
Not only do you have to check with the city and county for permits, you need to also read your CCR's and Rules and Regs regarding modifications to the unit. Most HOA's have guidelines which must be followed.Good luck with your remodel.
Talk with your lender. It will be at least 1 year and maybe never. You need to discuss this with your loan officer.Best of luck.
It would all depend on how much time is left on the land lease. Once the lease terminates there is no guarantee you will be able to renegotiate the lease. If you can't, you would not be able to reside in the residence in it's current location.Also, in all likelyhood, the structures ownership will revert to USFS.Additionally, depending on number of years remaining on the lease, you may not be able to secure financing for your purchase.For more details regarding the pitfalls of land leases, you should ask an attorney.
The tax assesment has nothing to do with the fair market value of the home you currently own. The house will be reassessed at the time of sale in most jurisdictions.The buyers agent will explain this to the buyer during the transaction.
Anything within .5-1 mile of the 14 Freeway should offer good freeway access.
You can dig through Zillows SEC filings at sec.gov to get the complete Insider Trade count. But, it'll take you some time. You have to go document by document.