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Susan Keal
"Benefit from over 24 years of experience selling real estate in Sarasota!"
- 8 Answers
- 5 Listings
Locations:
Web sites:
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Specialties:
Helping buyers and sellers relocate
Certifications
& Awards:
& Awards:
Graduate, Realtor Institute
Interests:
Bird watching, orchids, Guardian ad Litem, Big Brothers/Big Sisters
About:
I arrived in Sarasota with husband and daughter in 1973. I grew up in Fort Wayne, Indiana and met my husband at Purdue University. We first lived in Indian
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Susan Keal answered:
Hi Renee,
Your daughter has options! With prices lower now, there are more possibliities than ever. To determine her financing needs and options, she should talk with 2 lenders and discuss FHA and conventional financing. If she reported all of her income on her tax returns, she will have proof of income to base the Good Faith Estimate of costs and interest rate, so she can see what her payments will buy before she starts looking. The other option is seller-provided financing or private financing. That is available in some instances. She has a nice nest-egg for her downpayment. If she would like, we can send her sample listings with the financing / payment information attached, so she can see what the payments would be as she begins to browse. We highly recommend talking with 2 lenders before "shopping", since everyone's situation is a little different, even with the same income and downpayment. If she does not know of a reputable lender, we can give her some examples. I've been polishing my crystal ball, but even thought it's hard to believe that prices would be lower in 2 years than they area now, my crystal ball won't
Please let me know if I can help. Susan Keal
Your daughter has options! With prices lower now, there are more possibliities than ever. To determine her financing needs and options, she should talk with 2 lenders and discuss FHA and conventional financing. If she reported all of her income on her tax returns, she will have proof of income to base the Good Faith Estimate of costs and interest rate, so she can see what her payments will buy before she starts looking. The other option is seller-provided financing or private financing. That is available in some instances. She has a nice nest-egg for her downpayment. If she would like, we can send her sample listings with the financing / payment information attached, so she can see what the payments would be as she begins to browse. We highly recommend talking with 2 lenders before "shopping", since everyone's situation is a little different, even with the same income and downpayment. If she does not know of a reputable lender, we can give her some examples. I've been polishing my crystal ball, but even thought it's hard to believe that prices would be lower in 2 years than they area now, my crystal ball won't
Please let me know if I can help. Susan Keal
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