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Mindy Dotson's Advice

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  • 70 Contributions
  • 1 Best Answers
  • 5 Helpful

Mindy Dotson wrote:

what is the formula for estimating the worth of your home?

Answer
Hello Delta Belle,There is no secret formula per se. What you do have to have are recent sales in the area within the last 6 months with as many similarities ( such as age, size, #bedrooms, #baths, amenities, updates, # acres) as possible. Not for sale prices but closed sales. This is where a Realtor that has a local MLS could plug in those numbers and get a working parameter for you to price a home. If no MLS, then you would need to contact a local appraiser and hire them to appraise the home. If you happen to know an appraiser, and not have to pay for one, then that would be a nice thing to have.
May 29 2011
(0)

How can I find a property owner who wants to rent out a house?

Answer
This one can be a challenge, but my best advice is to call your local Realtor, search Craig's List, or your local paper real estate section. Also, make it a point to drive in the neighborhoods that you are seeking and ask neighbors if they know of anyone willing to rent.
May 01 2011
(0)

62 ravenwood drive whats it worth

Response
Picayune is in Pearl River County in MS. I need some more information on the home. Do you know any more info other than address?
April 14 2011
(0)

can hospital buy surround property pennies on dollar then tear SFR dwn n list as commercial @ $15 sf

Answer
Yes they can. Once the property is sold and the zoning has been changed, they can do anything that the zoning allows.
April 12 2011
(0)

WHEN SHOULD I SELL MY HOUSE AND AT WHAT PRICE

Answer
Answer this question with a list of your immediate needs and wants. Are you prepared to sell your home tomorrow if it were listed? Where would you go? At what price are you willing to go? How long do you need? How much do you owe on your home? Are you going to need money from the sale just to make your move? What about the emotional strain on the children or immediate family? Are there other homes in the immediate area that are selling? How quickly are they selling? These are questions that need to be taken into consideration when making your decision.
March 28 2011
(0)

Where should I start?

Answer
Have you tried running your own credit online? You need to know what your credit score is in order to know what direction to take. Do you have down payment money? If not, you may need to apply for a rural housing loan. This means finding a home in a rural area, according to the USDA. Your home mortgage payments do not need to exceed 29% of your take home pay.
March 03 2011
(0)

How can you find the value of land in brookhaven, ms

Answer
I would say to call a local appraiser, or talk to an agency that sells mostly land. They should be able to help you to find out the market value of land, or at least be able to give you a ball park idea.
January 24 2011
(0)

pre approval for loan

Answer
Gather up all of your financial records, including your last 2 tax returns, last 2 pay stubs, investments and debts, and be prepared to fill out an extensive application with whatever lending institution that you want to use. It is best to talk to a trusted real estate agent who could direct you to a lender with which they have worked with successfully in the past.
January 05 2011
(0)

what does "contributions" mean in the information next to an agents profile?

Answer
How many valid answers that a member writes.
December 18 2010
(0)

How do I bid

Answer
Find out who the auctioning company is. Register with them before the bidding begins. You have to be a registered bidder. Some companies have online bidding. Be prepared to pay a premium, or required up front payment. Also, be prepared for two things if you win the auction. One, be prepared to pay for it in full within 30 days. Also, the seller will reserve the right to reject a bid, even if you win the bid at the time of the auction.
December 17 2010
(0)