Home or townhome needed by Feb. 1stI'm a mature male looking to RENT a 2 bed home or townhome in Chesterton or nearby area. I have a small 13-year old beagle mix who would love a fenced yard. I've looked at rentals…
The most important is that your lender is a local, reputable lender that when your offer is presented, the listing agent will be comfortable and will be able to educate the seller when your offer is given to them. Your agent(if you dont have an agent to represent you, you should and one who knows how to write the offer for you correctly for Va), will present your offer and explain to the agent and seller you are going Va and have a pre-approval letter from local lender on hand. If written properly and presented properly and the seller's bottom line is agreeable to them, then their should be no problems as long as inspections and appraisals go accordingly.
If you need a trusted agent who has been around for 20 years locally in Northwest Indiana, please let me know and I will guide you all the way.
Realty Executives Premier... more
I would certainly encourage you to find the appropriate professionals to help you through the process both legal and real estate. Without knowing more about the property and it's current condition it is difficult to give you a specific time-frame. If you are paying cash it could go fairly quick, but you will probably want to get some Title Work done which may take some time depending on the status of the title. You should get legal council, if you don't have already, and get in touch with the agent. You should also understand if there are any zoning/easements that place restrictions on the property and that might prohibit the placement of a manufactured home.
Hope that helps, keep us updated as you contact the agent.... more
Unfortunately, if you are not a cash buyer, you have to be prequalified for a loan. There are lenders out there which might be able to loan you the amount but it will be according to their terms which most likely than not require higher down payment. A higher interest rate is also to be anticipated.
Best of Luck.... more
I suggest that you have your agent explain the situation to their manager and have the manager call the other listing agent or the listing agent's manager to figure out what is going on. This is not unusual when dealing with REOs. Hope this helps.... more
As long as you haven't signed the contract for the full priced offer, than the house is still "available". Once you have signed a contract then it is off the market until the Buyer either closes or pulls out of the deal.... more
You find a good real estate agent and work with them. It does not cost you anything to work with a buyers agent.. The only requirement I have for folks I work with is that they have at least contacted a banker/mortgage person to see how much they would qualify for. I check my local Mulitple Listing Service hot sheets online every morning to see whats out there for clients of mine that might be new, reduced, short sale, or otherwise of interest. For houses that have been foreclosed on, HUD repos, sheriff sales, etc, your agent can also find out about those.
Good luck in finding someone to work with, if you want to come to Elkhart County, let me know :)... more
You should consider hiring an appraiser to help you determine the value of your home as well as a real estate attorney. Also you can contact the Greater Northwest Indiana Association of Realtors and see if they have any statistics for you. Not sure if this will help, but it is worth a shot. Good Luck... more
Banks are a different breed, they like all sellers can do what they want. Some of the banks I work with tend to underprice their properties and this creates a bidding war of sorts. And like yourself many agents get a little unset when their full price offer is rejected. You have to realize as a realtor where your loyality lies and when you see a property that looks underpriced or you know it is underpriced then you will need to over bid. I have sold several properties for 20% above the asking price, so keep in mind and teach your clients how things sometimes work today. Some agents get pretty busy with the reo business and don't have time to follow up and sometimes let you know their are multiple offers on the property. In NC it's a material fact, multiple offers, so I always email all agents that have showed the property and add it to the MLS sheet once i receive any offers. Of course the bank usually waits a few days or maybe even week after the first offer to try to get the best or most for their property.
Keller Williams Realty
If the house is designated "Historical" the value could be very high. You will want to hire a local Realtor that can do a market analysis and tell you how much to offer. I don't know if you have this where you are but may be one that has a "Historical Home Specialist" designation. No matter how much you are willing to pay, if you are financing it, it will need to appraise for that amount anyway. WIll be happy to find you a local Realtor if you want.... more