Home Buying in 18301 : Real Estate Advice

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Sydneyandme2, Home Buyer in East Stroudsburg, PA
Sydneyandme2 answered:
Private investor to buy home and then lease back to me!
Hi Angela...
I read your question by chance and although I do have several rental properties, I'm not in any position to this. I do however, feel your desperation as I've been there b ... more
0 votes Share Flag Thu Jan 14, 2016 Home Buying in 18301
John Burke, Real Estate Pro in ELK CITY, OK
John Burke answered:
Mortgage Possible with 52% DTI in PA Median Score 649?
Hi Spoiled,

Is the broker paying your closing costs because 4.5% seems a little on the high side for an FHA mortgage.

The good news for you is your loan has been approved through ... more
0 votes Share Flag Tue Dec 1, 2015 Home Buying in 18301
Jessica , Home Buyer in Maybrook, NY
Jessica asked:
usda loan with credit score of 584? Loan question
0 votes Share Flag Sat Dec 20, 2014 Home Buying in 18301
bijou-daniel…, Home Buyer in Freehold, NJ
bijou-danielle asked:
House prices in East Stroudsburg, especially Blue Mountain Lake Reserve are going up quickly, but how about mortgage rates in that area? Low? Interest rates depend on area too? Because area is considered VIP section of E. Stroudsburg.
0 votes Share Flag Sat May 31, 2014 Home Buying in 18301
Mike Ionescu,  in Mount Pocono, PA
Mike Ionescu answered:
just want to know if i would have to pay taxes on a house that we might buy for cash lets say a house that cost 69000.00 how much would i have to pay
In PA Any real estate transfer. Is subject to a transfer tax.
Also you may have to pay a portion of the Real Estate tax at closing.
Transfer tax is usually split between buyer and sel ... more
0 votes Share Flag Wed Feb 5, 2014 Home Buying in 18301
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
hello how much tax would pay for this home that worth 69,900.00
Not sure I understand your question. Are you asking how much the property tax is on a certain property?? The only way to find that out is to check with the county assessor's office. I ... more
0 votes Share Flag Sat Feb 1, 2014 Home Buying in 18301
Ed McKeown, Real Estate Pro in Stroudsburg, PA
Ed McKeown answered:
We had bought a home under foreclosure fully paid cash.
Dear Margaret,
This is a question you have to ask your agent. I do not know why you paid any money without exchange for a Deed.
0 votes Share Flag Wed Oct 23, 2013 Home Buying in 18301
Mike Ionescu, Real Estate Pro in New York, NY
Mike Ionescu answered:
What is the best home warranty that is avaiable in the Pocono area?
There are several choices but we always recommend http://www.hwahomewarranty.com
And it never got back to me negatively.
0 votes Share Flag Tue Mar 26, 2013 Home Buying in 18301
Alan Openshaw, Real Estate Pro in Southampton, PA
Alan Openshaw answered:
I have good credit at this time I'm interested in buying a home but I only have two forms of credit history.Can I still purchase a home?
Hello Celeste,

There is no requirement to have three forms of credit to get a mortgage. It is usually an overlay required by the individual lender. I have approved loans with only tw ... more
0 votes Share Flag Thu Oct 27, 2011 Home Buying in 18301
Molly Hay, T…, Real Estate Pro in Pickerington, OH
Molly Hay, The Hay Group answered:
Most banks want 3 forms of credit when purchasing a home. What happens if you have only 2?
My buyer just had this same issue. My lender used their rental history and an electric bill. Good Luck!
0 votes Share Flag Wed Oct 26, 2011 Home Buying in 18301
Jmonte919, Home Buyer in East Stroudsburg, PA
Jmonte919 answered:
Bank locks in a rate then 4 days later takes it back. They had the papers for 8 months re-submitted the papers nothing changed. I never heard of such
I received a good faith letter but it was temporary not locked as was stated on the phone
0 votes Share Flag Sat Aug 6, 2011 Home Buying in 18301
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