All Forum Posts by: Gerardo N.

Thank you P NW.

Thank you Wayne for replying.

I have a non-expired driver's license. Is that good enough--one will do?

If I am going to purchase in cash a low-priced property from a realtor where said property is listed by a bank, what personal identification document do I need to provide my closing attorney?

Do you always provide a copy of personal id each time you make a purchase?

Posted this in the wrong forum earlier. Thank you to anyone.

Reply to topic 'To quickly sell a house, what is the ideal ratio of houses sold and for sale in a given neighborhood?'

Thank you J Scott and Fred.

I do agree that "High demand and low supply makes for a seller's market." I also agree that, "Properties that have SOLD will offer a much clear picture of market value."

But let's say, for example, that "lots of properties sold and zero currently listed" do not prevail in a given zip code or neighborhood, and that there is a list of properties on each of the "sold" and "for sale" side, how do I interpret the ratio? At what point is it worthwhile to consider--50(demand):50(supply), 40:60, 30:70 in a given x number of months (another variable)? Or is there any other number?

I just want to get an indication of what to consider or avoid.

I apologize for the late reply. Registration issues restricted my account and I wasn't able to post soon.

Hello all! My first post, I am new to investing.

If I'm looking at buying then reselling a house in a given neighborhood, what would be the ideal ratio between properties sold and properties for sale in said area for me to quickly make a sale?

Let's say I'm looking at Trulia.com and it gives me the numbers, how should I interpret the numbers of properties sold and properties for sale?

Thank you to anyone who would respond.