Home Buying in 44111 : Real Estate Advice

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AJ Hernandez, Real Estate Pro in Hialeah, FL
AJ Hernandez answered:
Can i use a mortgage loan to buy a house and to make updates also? So for example i get a loan for $100,000 but buy a house for $60,000, can i use
You can but it does not work the way you described in your question, you can obtain a rehab or renovation loan that will allow you to do this but keep in mind there are some restriction ... more
0 votes Share Flag Thu Apr 14, 2016 Home Buying in 44111
Mike Young, Real Estate Pro in Fairfield, CA
Mike Young answered:
Why does a 203k fha REHAB loan take so long?
It doesn't take that long if you use a proven team of professionals. Most aren't therefore they tout 45-60 days to give them time to learn the process in many cases.

Certified contr ... more
0 votes Share Flag Sun Mar 13, 2016 Home Buying in 44111
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
I am seller of empty house to 203k buyer, contract since 9/14. all inspections done, is this in any way reasonable.
Does your contract allow this much time? It's not reasonable and I suspect there is more to the story. Unless you signed extensions permitting this, your original contract is p ... more
1 vote Share Flag Tue May 12, 2015 Home Buying in 44111
Mark's Of Ex…, Real Estate Pro in Chagrin Falls, OH
Mark's Of Excellence Team answered:
foreclosure wanting to buy again how do i do it? Is bankruptcy my only option?
Foreclosure due to extreme circumstances means you can buy in 2 years
0 votes Share Flag Mon Feb 16, 2015 Home Buying in 44111
Mark's Of Ex…, Real Estate Pro in Chagrin Falls, OH
Mark's Of Excellence Team answered:
How Long Should Owners Be Allowed To Stay After closing?
We typically allow 3-5 days free, after that we can always ask for a per diem.
0 votes Share Flag Mon Feb 16, 2015 Home Buying in 44111
Steve Parsons, Real Estate Pro in Salisbury, MD
Steve Parsons answered:
I need a sample 90 day eviction letter.
I'd contact an attorney. They can draw you up the letter and help you prosecute if the tenants don't vacate within the time specified.
0 votes Share Flag Tue Jun 4, 2013 Home Buying in 44111
V Kumar, Real Estate Pro in Pasadena, CA
V Kumar answered:
how do i find out what bank or entity owns the lien for a property in pre-foreclosure?".
Many loans have different investors. In past years many loans were Securitized.

Securitization is the process by which residential and commercial real property mortgage loans are bu ... more
0 votes Share Flag Sat Mar 23, 2013 Foreclosure in 44111
Tari Torch S…, Real Estate Pro in Woodmere, OH
Tari Torch Sweeney answered:
How does equity work ?
That would be one way. FHA 203K loans take awhile and the dot every "i" and cross every "t" and send people out to the house a million times! If you can afford to do that, and you can ... more
0 votes Share Flag Sat Jun 16, 2012 Home Buying in 44111
Mary Starkey,  in Dayton, OH
Mary Starkey answered:
If a bank has already bought back a foreclused home how do I go about purchasing the home. The county
Since the bank has bought it back, REO ( Real Estate Owned) the bank will ask a Real Estate agent to list the house for sale. The asking price will depend upon the appraisal or broker' ... more
0 votes Share Flag Sun Aug 24, 2008 Foreclosure in 44111
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