would the sale of a used house effect nominal GDP?


Would the sale of a used house for more than it was bought effect nominal GDP?

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  1. How will the recent sale of an near abandoned house effect the sale of my house? This house was just sold for $99k after being vacant 2 years. It could probably go for $190k if it was fixed up; it needs about $60k of work. My house just went on the market Sunday. Will this effect the sale of mine one way or the other? The...
  2. How long will I have to leave if my house is sold in short sale? We want to sell it in short sale,but what would happen? Can the bank just repo the house before the short sale takes effect ? How long will I have if I recieve an eviction notice? House in not foreclossure yet....
  3. I owe alot more on my house than its worth. Short sale or rent it or forclosure? I want to move. My house I owe $155k and its worth maybee 120K, should I rent it out? Short sale? if Ido a short sale and keep up on all payments till it sells, how bad would it effect my credit? I have a credit score of 721 right...
  4. House up for sale possible of foreclosure? My brother and I bought a house in 2003, we were both responsible for the payments between the two. He bailed in late 2003 and my girlfriends mom decided to be kind enough to make the house current. Brother decides one day to come back and claim what was once...
  5. Where should she put the money from the sale of the house so as not to be considered income? My mom is retired and on social security and trying to obtain elderly housing. Her and her 2 siblings recently sold my grandmothers house and has received $87,000 from the sale. Where should she put the money so as not be considered an asset and effect her application into the...
  6. What is a short sale and how long you have to wait to buy another house again? I heard a short sale in when you can pay or can sell your house for the amount you bought it for… For example I bought my house for $235k and now it cost between $170k to $190k, so it is upside downs for around $60k. I heard that I...
  7. can you short sale a house if you own property in a different state? i own a home in new york with my wife as well as a home in florida which is only under my name. Things changed and i cant really afford my house in florida so i am trying to put it for short sale. Would that effect the name or...
  8. If I short sale on a VA home loan and the VA covers the rest of the payoff will it effect my credit? I can not sell my house for my asking price the market is just to slow now if I short sale my house I will probably have a better chance of unloading it The house is currently under a VA Home Loan which guarantees the lender if I fault they...
  9. When you list your house for sale with a realtor what percent does the realtor receive? When we bought our house 10 years ago I think it was 3% when we sold and 3% when we bought.We are getting ready to sell our house in 1 state and buy in another. I will be moving to another state and will buy a home there. When I...
  10. How long does contract pending last one a house for sale? My family bought a house and its under contract/sale pending how long does this proces last?...