19143 : Real Estate Advice

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Bwilks87, Home Buyer in Brooklyn, NY
Bwilks87 asked:
How to convert a single family to a multi family property? What exactly needs to be done to make this happen?
0 votes Share Flag Sun Apr 17, 2016 Home Buying in 19143
Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
My credit score is 550 w. 73k salary, my husband's CS is 689 w. 63k salary in Philadelphia. What are the chances we're eligible for home?
you're best off working on increasing your credit score. even if you qualify for a loan, the rates and terms will be terrible. focus on your credit for 6 months and you'll be in a much ... more
0 votes Share Flag Mon Feb 15, 2016 Home Buying in 19143
Christopher…, Real Estate Pro in Virginia Beach, VA
Christopher Fritts answered:
do any body know any rent to own home in philadelphia?
I would suggest that you contact a local real estate professional who may be able to assist you in finding a rent to own home in your area. Good Luck!!
0 votes Share Flag Fri May 29, 2015 Home Buying in 19143
Romanindustr…, Home Buyer in Wilmington, DE
Romanindustries asked:
How would a commercial appraiser appraise a renovated performing multifamily (2 Units and larger) or a mixed use property (retail residential)? If there were no recent sales comps in the area that were similar in size and condition (recently renovated)?
0 votes Share Flag Fri May 22, 2015 Investment Properties in 19143
John Cushma, Real Estate Pro in Pittsburgh, PA
John Cushma answered:
How to get a loan to get my first home?
Congrats on your decision to move back home to Philadelphia!

In order to get a loan for your first home, you will want to contact a Mortgage Loan Officer. Feel free to call me to go ... more
1 vote Share Flag Thu Jun 20, 2013 Home Buying in 19143
Gita Bantwal, Real Estate Pro in Jamison, PA
Gita Bantwal answered:
i graduate college in December, and i'm planning on relocating back to my home city of Philadelphia, buying my first home and continuing my education
You can go to www.hud.gov for resources for home buyers and read about the home buying process so you will be better prepared. Hope you will find a job right away. Good luck.
0 votes Share Flag Wed Jun 19, 2013 Home Buying in 19143
Sheri Curci, Real Estate Pro in Newtown, PA
Sheri Curci answered:
home inspection contractor
Ok Psupovitz,

Here are a few out of many good members.... Make sure they carry the ASHI or NAHI symbol.

All the Best, John+ Sheri Curci RE/MAX- 215-757-2889

http://www.tchome ... more
0 votes Share Flag Sun Feb 24, 2013 Home Buying in 19143
Elizabeth Bo…, Real Estate Pro in Cambridge, MA
Elizabeth Bolton answered:
Why majority of apartments require to check ypur credit?
Landlords check credit to determine if the prospective tenant pays their bills on time. The landlord can't afford to wait for the rent to be paid so a tenant's past behavior re bill pay ... more
0 votes Share Flag Tue Jan 15, 2013 Rental Basics in 19143
Keith & Kins…, Real Estate Pro in Verona, WI
Keith & Kinsey Schulz answered:
Rental Properties
I'm not sure what type of loan you are referring to, but here's the typical requirements for non-owner occupied property financing: http://keithandkinsey.wordpress.com/2012/09/23/invest ... more
0 votes Share Flag Thu Nov 15, 2012 Investment Properties in 19143
nitin verma, Home Owner in Philadelphia, PA
nitin verma answered:
One I am looking for a home 4-6 bedrooms in a nice, safe area of Philadelphia. Any advice on which neighborhoods to look at?

please look at this listing - its in east falls area and is available for immediate rent and its right next to kelly drive.

... more
0 votes Share Flag Sat Sep 22, 2012 Home Buying in 19143
Connie Mitch…, Real Estate Pro in South Padre Island, TX
Connie Mitchell answered:
how do you make the qr code larger if you would like to put on a sign?
I took mine to a sign shop and very inexpensively they enlarged them and made nice signs to sit below the Realtor sign.
1 vote Share Flag Sun Jun 17, 2012 Rentals in 19143
Ana Barlow, Real Estate Pro in Philadadelphia, PA
Ana Barlow answered:
we pay 1250 a month to rent,combined annual income of approx. 50k. my credit 540, hers 700.how much can we afford/qualify to borrow?
Hi John,

Obtaining a mortgage is dependent upon more data than you have provided, additionally, you should be directing this question to a qualified mortgage broker or brokers that ... more
0 votes Share Flag Thu Oct 27, 2011 Home Buying in 19143
Liz  Santos, Real Estate Pro in Parsippany, NJ
Liz Santos answered:
I'm entering into my third refi attempt on a house that admittedly needs repairs and I'm just now learning of 203K loans. How can I find?
please be advised that the 203(k) is also available as a rehabilitation REFINANCE.
0 votes Share Flag Mon Apr 25, 2011 Financing in 19143
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
I was told my 4th BR would have to be considered a den because it doesn't have a closet, however NONE of my BRs have closets. How is this?
I have sold a lot of homes in univ city in the same condition. Its common that old homes at furniture not closets. If I can help give me a call.
0 votes Share Flag Sun Apr 24, 2011 Remodel & Renovate in 19143
Bruce Lang, Real Estate Pro in Philadelphia, PA
Bruce Lang answered:
Can I sell a fully leased 3 bdrm home- $750 per month to an investor for at least $39,000. The home is in like condition/just renovated. Need advice
750/mo on 39k is a great returen. The problem is there are less investors than ever before. I know a lot of people building up cash flow with these great buys but the are doing it them ... more
0 votes Share Flag Sun Apr 24, 2011 Foreclosure in 19143
Eileen Gray,  in Lafayette Hill, PA
Eileen Gray answered:
Will I be able to get a mortgage on a $28,000 property? I am a first time home buyer with next to no knowledge about real estate procedures .
Dear Mardian:

The first question is what is your credit score? If you score is low, the answer is NO. The banks will not give you money under any circumstances without a credit sco ... more
0 votes Share Flag Sun Dec 26, 2010 Home Buying in 19143
Paul Welden, Real Estate Pro in Tempe, AZ
Paul Welden answered:
What is the least expensive way to rehab an older home through FHA 203K Are there ways to reduce the costs of drawings, labor, etc?
Hi Alisa,

The ways to reduce costs would be to negotiate with the contractor, receive proposals from multiple contractors (make certain they are knowledgeable/experienced with the 20 ... more
0 votes Share Flag Sat Sep 25, 2010 Remodel & Renovate in 19143
Joanna Morris, Real Estate Pro in Inverness, FL
Joanna Morris answered:
Helping relative pay their underwater mortgage to avoid foreclosure. How can I get the bank to let me purchase home at current market value?
Hello Deez,

Ian is correct. Arms Length Transactions are a requirement of the short sale process which is purchasing for less than what is owed on the mortgage. Parties cannot be r ... more
0 votes Share Flag Mon Aug 23, 2010 Foreclosure in 19143
Timothy Garr…, Real Estate Pro in Philadelphia, PA
Timothy Garrity answered:
I recently saw that 712 s. 49th st. 19143 was listed for sheriff's sale. How do I find out the current status of this home?
Hi, WPB.

The area that you're looking in has cool neighborhoods and offers a great location to both University City & Center City. At Brown McKinney, 2 of our team members g ... more
0 votes Share Flag Fri Mar 12, 2010 Home Buying in 19143
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