02904 : Real Estate Advice

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dcriley2652, Home Buyer in Maryville, TN
dcriley2652 answered:
What constitute "unlivable" conditions to deny a mortgage for a condo?
YES it would be nice and cheaper and no buying had the appraiser mentioned mold. Seems he missed that minor detail, and I got a big mess!!!! aND CANNOT MOVE INTO MY HEAALTH HAZARD!!! ... more
0 votes Share Flag Wed Nov 26, 2014 Home Buying in 02904
Peter Micheli, Real Estate Pro in North Providence, RI
Peter Micheli answered:
Should I convert my multi-family to a single family in North Providence?
Hi, I would keep it as a multi family. You could decrease the value if you convert to a single family. It is easy to go from a multi family to a single family. But it is difficult to cr ... more
0 votes Share Flag Sat May 31, 2014 Remodel & Renovate in 02904
Susan Costa,  in Westport, MA
Susan Costa answered:
how long it will take to buy a bank of america shortsale house?
Depends on the bank and where the home is in the process - If the Short Sales has not been approved by the bank, then I have seen this portion take as long as 17 weeks and as short as 6 ... more
0 votes Share Flag Tue Nov 16, 2010 Home Buying in 02904
Lori Rossi, Real Estate Pro in Warwick, RI
Lori Rossi answered:
i want to buy a short sale house because it is cheap and below the assessment but i dont know how long it will take if i pay for a whole price.
Khoa,

A lot more goes into the the short sale process besides price. As previous answers have replied-just because it is listed at a certain price does not mean that the lender will ... more
0 votes Share Flag Thu Apr 15, 2010 Home Buying in 02904
Lori Rossi, Real Estate Pro in Warwick, RI
Lori Rossi answered:
i am buying a short sale house and the asking price is 325,000 ( reduced 15000) and i have offer 307k . Is my offer strong enough to get the house?
Hi Khoa,

As many have said already, there are many factors involved in getting a short sale approved. Price being one of them. Others involve how many lenders are involved? If there ... more
0 votes Share Flag Fri Mar 19, 2010 Home Buying in 02904
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