Home Buying in Washington : Real Estate Advice

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Victoriaannh…, Home Buyer in Washington, DC
Victoriaannhunt asked:
I get ssi and I have bad credit my husband works and has good credit. can we get help on getting into our first home.? we have no problem making payments. its just the down payment we r having trouble with
0 votes Share Flag Sat Jul 2, 2016 Home Buying in Kingman Park
Energized, Home Buyer in New Bern, NC
Energized answered:
Can a person on social security disability buy a home?
Yes, you may get a loan, but depending on how much you get a month from your SSDI will determine how much your loan will be. You might not be satisfied with the loan that you get to buy ... more
0 votes Share Flag Wed Jun 22, 2016 Home Buying in Kingman Park
Alexawhiteb, Home Buyer in New York, NY
Alexawhiteb asked:
Where on trulia can I find the average sale prices of each zip code in Washington D.C.? I can only seem to find the median. I would like all of the information about each zip code's AVERAGE sale price. It would be perfect if I could find them by year.
0 votes Share Flag Tue Jun 7, 2016 Home Buying in 20001
 Mark, Real Estate Pro in Oceanside, CA
Mark answered:
Is 3% commission for an buying agent typical in DC?
The best way to find out the going real estate commission rate is to put the Realtor fees on the open market and let the Agents bid your commission rate. Commission fees are negotiable ... more
0 votes Share Flag Fri May 13, 2016 Home Buying in 20002
Kathy Burgre…, Home Owner in Westchester, NY
Kathy Burgreen answered:
Could it be possible to list the monthly condo fee as part of the info in your real estate results?
As a former realtor, the truth is realtors control what information is published to websites and what is hidden. Realtors want consumers to contact them for specific information like H ... more
0 votes Share Flag Fri Mar 18, 2016 Home Buying in 20009
pcalice, Home Buyer in Washington, DC
pcalice asked:
Disclosure/Disclaimer Obligations in DC Area Hi, I am considering buying a condo in DC and learnt that across the unit there is a mechanical room operated by a different management company, which produces noise that can be felt in…
0 votes Share Flag Thu Mar 17, 2016 Home Buying in Washington
Marvin Brown, Home Buyer in Brookport, IL
Marvin Brown answered:
How much under asking price should I offer on a short sale?
If's it's a distressed property offer whatever you feel like. Just remember that once you make an offer you can be held liable for it. Start with a very low offer and never commit "good ... more
0 votes Share Flag Thu Mar 17, 2016 Home Buying in Washington
Bola Williams, Real Estate Pro in Chevy Chase, MD
Bola Williams answered:
My Credit score is 760. Income is 41,000 a year. I have an auto loan for 25,000 and student loans of 18,000. what is my likelihood of being approved.?
Hi Nenet97,

It would all depend on what the month cost are for those specific loans, the lending arena has become a bit more strict however and loans and debt are calculated in certa ... more
0 votes Share Flag Wed Mar 9, 2016 Home Buying in Washington
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
Purchasing a Primary Residence and Keeping Current Home as Investment Property
Down payments for primary residence, conventional financing can be as little as 3%. It all depends on what loan programs you qualify for.

Debt to income ratio should be under 50%

... more
0 votes Share Flag Wed Feb 10, 2016 Home Buying in Washington
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
I am looking to purchase a home and need an advocate to help me with the whole process. I am reluctant to go to a "realtor" because they
all realtors don't work for only sellers - you need to find a buyer's agent that will represent only you. do not contact the listing agents of properties. do some research and find a gr ... more
0 votes Share Flag Fri Jan 15, 2016 Home Buying in 20011
Bola Williams, Real Estate Pro in Chevy Chase, MD
Bola Williams answered:
how do I find out more about the auction properties?
Hello Shearill,

You can find auction properties on the MLS however they're not true auction properties that have a bidding process. If you want a true auction property then there are ... more
0 votes Share Flag Thu Dec 17, 2015 Home Buying in Washington
Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
I am currently under contract on a property and the seller has not performed. If the property goes into foreclosure, where does that leave the buyer?
This a great question for your agent. Why isn't the Seller performing? Is this a short sale?

Assuming a short sale: Going into the contract you should have known whether or not t ... more
0 votes Share Flag Tue Nov 3, 2015 Home Buying in 20009
Josh Barnett, Real Estate Pro in Chandler, OK
Josh Barnett answered:
on ssi, onil get $733.00 month, have land paid for, credit 667, get I get a loan on new mobile home
Discuss with the mobile home dealers in your area.
0 votes Share Flag Wed Oct 21, 2015 Home Buying in Kingman Park
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
Newbie. L&F is offering me 50% split.. I see smaller firms offering 80%. L&F says 80% of 0 is 0. Does your affiliation matter for leads?
There are a lot of factors to consider when talking splits. IMO you should look for an excellent mentor who is a good professional fit for you. The money will come, right now you should ... more
1 vote Share Flag Wed Sep 30, 2015 Home Buying in Washington
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
I'm in the process of buying a condo, new construction, in DC and I was wondering if I should have an attorney review the documentation Is it
You're not using an agent I assume, if not then absolutely get an attorney to walk you through the contract terms.

You may want to talk to an agent as well, someone who has experien ... more
0 votes Share Flag Thu Sep 3, 2015 Home Buying in 20011
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
Is a 2 Bedroom/ 2 Bath in Dupont for less than $500k impossible?
quick search in the MLS came up with recent sales under $500k for 2/2, and one that just went under contract, it was listed for $499.9k and went under contract in 7 days, can't tell the ... more
0 votes Share Flag Sun Aug 30, 2015 Home Buying in Dupont Circle
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
I am looking to move to the Florida Ave/13th street area and was wondering what people experience is at night/day? Lots of loitering?
If you haven't already, you're best off going to the neighborhood at all times of day and checking it out to see how YOU feel about it. In my experience, it's generally pretty quiet in ... more
0 votes Share Flag Wed Aug 12, 2015 Home Buying in Washington
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