ADAM GARRETT

Those who have bought homes before, if most or all of their experiences have been purchases in buyers' markets (especially in rural areas), are often used to getting homes below their asking price. Sometimes they won't buy a home unless they get it below asking price. I generally recommend avoiding that philosophy, since a home can be listed for far below the actual value, and a buyer can be shooting themself in the foot if they will only go below no matter the actual value.

Among real estate-related calculators, one of the most difficult to accurately determine is the rent vs buy calculator, despite tremendous progress among calculators in this regard over the years. Below I'll go through a relatively typical example for Newport News using Nerdwallet's calculator on the subject. If you don't like Nerdwallet's, Realtor.com has one, as does the New York Times, although there's a subscription wall with New York Times you may encounter. The most imp

50% off Homes! You don’t have to be poor either! How often does it occur? (spreadsheet - not very often, but often enough to create a saved search if you’re eligible) Here it is on the HUD site directly: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/reo/goodn/gnndabot https://www.hud.gov/program_offices/housing/sfh/reo/goodn/gnndfaq Owner Occupant Only Buyer must live in the home for at least 36 months No closing cost assistance allowed w GNND Bid 100%