Yes ask your lender if he has any recommendations or do some research on the web! Look at their historyny and what they have to offer. If you need anymore information call our office, we would love to help!... more
Since there are no houses selling anywhere near $25,000 I would ask you....what are you talking about Willis? Half of the homes you are viewing on Trulia or Zillow are not even for sale..That could be a good reason to contact a realtor!
I live in Standish and it has been safe the last 8 years.
Here are all the Single Family Home sales so far in 2014:
Click the following link to view the listings:
If you are finding listings on trulia, zillow or any other public website...you are viewing inaccurate information. Team up with a realtor you like...and then you'll have factual data :)
You need to figure out how much per square you think your home is worth. Then you need to figure out how much per square foot your below ground square footage is worth. To get this information call me and I will do a free CMA and inspect your house and give you a rough idea.
What year was your house built, where is it located, what condition is your home in? I need to ask you some more questions to give you a realistic number. 612-423-0202... more
If you aren't going to have an agent help you rent your place out...I suggest checking out the competition on craigs list. $2,000 seems super high, but you may have a new home or something special :) I live right by Chris and Robs myself. Let me know if I can help.
I own a few rental buildings in the Longfellow neighborhood and it seem to me that 1 bedroom apartments that are in good shape are going for $695-750 per month. Some might include a garage, others might include heat. If you do choose to rent any property in Minneapolis it has to be licensed by the city. It's not a hard process to get a rental license, just a costly one...$1000.00 application fee. OUCH!!... more
Short of re-financing the only other option may be the assumtion of the mortgage on your own. This you would need to see in the fine print if you could even make an assumption. A quit Claim Deed is for title only and has nothing to do with mortgage.... more
If your Husband is having absoultely nothing to do with the purchase , eg. not on the mortgage, you will still qualify for the credit BUT you have to remember that even though you will qualify under the plan and your husband will not be on the Mortgage Note since you file jointly you may be subject to the couples income limits not just the single. Here is an excerpt:
The maximum allowable credit for home buyers is $8,000. Each home buyerâ€™s tax credit is determined by two factors:
The price of the homeâ€”the credit is equal to 10% of the purchase price of the home, up to $8,000.
The buyer's incomeâ€”single buyers with incomes up to $75,000 and married couples with incomes up to $150,000â€”may receive the maximum tax credit.
If the Buyer(s)â€™ Income Exceeds These Limits, Can He/She Still Get a Credit?
Yes, some buyers may still be eligible for the credit.
The credit decreases for buyers who earn between $75,000 and $95,000 for single buyers and between $150,000 and $170,000 for home buyers filing jointly. The amount of the tax credit decreases as his/her income approaches the maximum limit. Home buyers earning more than the maximum qualifying incomeâ€”over $95,000 for singles and over $170,000 for couples are not eligible for the credit.
SO if you make 30,000 per year and your husband makes 150,000 you may not qualify.... more