34491 : Real Estate Advice

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Jusnun, Home Seller in Summerfield, FL
Jusnun asked:
What steps are necessary for selling your home for cash? My home is paid fo & I have a buyer who's paying cash. Do I go through an escrow company for closing & is the closing cost less since no financing is involved?
0 votes Share Flag Sun Jul 24, 2016 Home Selling in 34491
June Buerkle, Home Buyer in Chattanooga, TN
June Buerkle answered:
Is it a good idea to take out a reverse mortgage and use the money to buy a vacation condo?
Then why mortgage your primary home?

If you are going to reverse your primary home .... just get a regular mortgage on the small beach condo. Or get a HELOC on your primary home a ... more
0 votes Share Flag Thu Jul 21, 2016 Financing in 34491
hematite1961, Home Buyer in Tavares, FL
hematite1961 answered:
Are there fees to live in The Villages, Stonecrest or Spruce Creek. Are there a lot of rules ???
Yes there are amenity fees that have to be paid every month, for the Villages it's around $145/mo. I'm not sure of the amount for Stonecrest or Spruce Creek, but at one time was told Sp ... more
1 vote Share Flag Thu Dec 4, 2014 General Area in 34491
Arlan,  in San Diego, CA
Arlan answered:
Buying land that is not listed for sale
www.HeresMyPrice.com can help you buy property that is NOT FOR SALE!
0 votes Share Flag Fri May 17, 2013 Home Buying in 34491
Jan Clements,  in Summerfield, FL
Jan Clements answered:
If I am looking to buy at any of the adult communities of Stonecrest or Spuce Creek South do I need to be 55 yrs old? What are the major differences?
NO you do not have to be 55 yrs old to own - rent or live in these 55 + communities. It's what is called the 80/20 rule meaning 80 percent of the people must be 55 years or older and ... more
0 votes Share Flag Fri Apr 12, 2013 Home Buying in 34491
Gloria Wynin…, Real Estate Pro in Summerfield, FL
Gloria Wyninger answered:
Can you go anywhere in a golf cart?
In some of the communities yes. The villages and Stonecrest. Other communities have limitation on crossing Hwy 441 You would need a street legal cart.
0 votes Share Flag Tue Jul 10, 2012 In My Neighborhood in 34491
John Burke, Real Estate Pro in ELK CITY, OK
John Burke answered:
available 0% down home and land mortgage
Dawn is right with one exception.
USDA will loan on it IF the current owner has a USDA mortgage on the home right now.
0 votes Share Flag Wed Jun 20, 2012 Home Buying in 34491
David Jaffe, Real Estate Pro in Arlington Heights, IL
David Jaffe answered:
I have a client, who had a short sale in May 09, & settled the 2nd mortg Sept 10. Will the 2nd morg settlement keep them from getting a loan in?
You will need to speak with a mortgage lender regarding your Buyers ability to qualify for a loan. When you mean "settled", did your client pay off the amount on the 2nd loan ... more
0 votes Share Flag Wed Dec 15, 2010 Financing in 34491
Gloria Wynin…, Real Estate Pro in Summerfield, FL
Gloria Wyninger answered:
yes i was looking at a house in summerfeild fl i talked to a realtor put in a bid the realtor came back and
Reator should have advised. Recommend working with one Realtor and letting them get to know your needs. They will find another home for your. I'm available if you aren't ... more
0 votes Share Flag Tue Sep 22, 2009 Home Buying in 34491
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Can a Short Sale deal go sour if a Promissory note is not signed?
You might want to check with www.hud.gov for help. Your Realtor should also be able to give you advice. Florida has a ton of homes on the market, the lender may not want to a ... more
0 votes Share Flag Fri Feb 27, 2009 Home Selling in 34491
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