79912 : Real Estate Advice

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Bill Gassett, Real Estate Pro in Hopkinton, MA
Bill Gassett answered:
How does a reverse mortgage work?
A reverse mortgage can be a blessing or a curse! It is important for seniors to understand exactly how this loan product works. Essentially a reverse mortgage is for those who are over ... more
0 votes Share Flag Mon Apr 18, 2016 Home Buying in 79912
Cynthia, Renter in El Paso, TX
Cynthia asked:
how do I advertise?
0 votes Share Flag Mon Dec 21, 2015 For Rent in 79912
Irene Doming…, Real Estate Pro in El Paso, TX
Irene Dominguez answered:
79912 vs 79911: Pros vs Cons...

There are currently 693 resale and new homes in ZIP code 79912 on Trulia, including 3 open houses, as well as 35 homes in the pre-foreclosure, auction, or bank-owned stages of ... more
0 votes Share Flag Tue Aug 5, 2014 Home Buying in 79912
Mark Weiss, Real Estate Pro in el paso, TX
Mark Weiss answered:
Can I Rent a house that has been refinanced? it is an FHA loan
IT depends on how long you have occupied the property since the Refi. Typically your Refi loan requires you live in the house for 2 years. However there are exceptions to every rule , ... more
0 votes Share Flag Wed Jun 11, 2014 Home Buying in 79912
Maria De La…, Home Owner in El Paso, TX
Maria De La Vega answered:
You can go to El Paso Central Appraisal website http://epcad.org/ and it will let you know the information you need.
0 votes Share Flag Sun Mar 3, 2013 Home Buying in 79912
Don Groff, Real Estate Pro in Austin, TX
Don Groff answered:
I want to pay off my mortgage of 223,000.00, how much of the interest must I also pay at 5% interest rate?
Hi Melly,

If your loan is a conventional loan you will just pay the interest as accrued until the bank receives payment in full. If your loan is FHA and you pay off the loan in the ... more
0 votes Share Flag Fri Mar 2, 2012 Home Buying in 79912
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
I am looking for a clean, decent and fairly inexpensive apartment for my mother, she is on a limited budget from disability, thanks.
Contact local realty office for available rentals, or work with an agent; check local print media for by owner rentals, always verify ownership before exchanging any money; word of mout ... more
0 votes Share Flag Wed Dec 28, 2011 Rentals in 79912
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Don't have a question. Just an observation. Foreign nationals and military are driving apt rents and home prices up in el paso. Locals
Since 2008 the leasing market has had huge increases ! Seen almost 30% or more in Dallas area

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dal ... more
0 votes Share Flag Mon Oct 10, 2011 Home Buying in 79912
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
If so,why have property taxes gone up and no pay raises?
Nat, you sound as though you are in a healthy real estate market. You are qualified to buy but you find homes are selling for more than you are willing to pay. So, nothing has changed. ... more
1 vote Share Flag Mon Oct 10, 2011 Home Buying in 79912
Evan Karam, Real Estate Pro in el paso, TX
Evan Karam answered:
If a house is for sale and needs work quite a bit of work and has not being sold and the price has been drop many times how much can you offer .
You need to get a number in your head on estimated cost for repairs to get the house to the way you want it. I suggest having a real estate consultant do a market analysis to determine ... more
0 votes Share Flag Mon Oct 10, 2011 Home Buying in 79912
Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
By the way, apt managers know how much the military receives for housing (tax free).
They also know how much you make.
If you think they're getting a better deal, you might call your Army Recruiter.
0 votes Share Flag Mon Oct 10, 2011 Home Buying in 79912
Dorene Slavi…, Real Estate Pro in Torrance, CA
Dorene Slavitz answered:
Is it necessary, as a buyer, to get a real estate attorney (if I am already consulting a licensed agent)?
Dear Michael,
Hundreds of Real Estate transacitons are conducted daily without any need for a Lawyer.
0 votes Share Flag Thu Apr 14, 2011 Home Buying in 79912
Rick Snow, Real Estate Pro in El Paso, TX
Rick Snow answered:
Are people from Juarez driving up house prices in the $150K range in 79912? Or is the overall depressed U.S. economy keeping sales and prices flat?
Richard, overall prices are staying pretty flat or declining slightly. People from Juarez are coming into the area but they are not driving up the prices, in my opinion.
0 votes Share Flag Wed Dec 29, 2010 In My Neighborhood in 79912
Federico Vil…,  in El Paso, TX
Federico Villalobos answered:
My name is Alejandro Fierro, my wife is a US citizen but Im not, so I have no proof of income I dont have 2 years of taxes, can anything be done?
Sr. Fierro;
Si hay varias formas que se puede lograr un financiamiento o credito hipotecario.
y tambien soluciones, la que Yo propongo, compren menos casa, o financiamiento privado q ... more
0 votes Share Flag Thu Sep 9, 2010 Home Buying in 79912
Patsy Maese…, Real Estate Pro in El Paso, TX
Patsy Maese Olivas answered:
Does the 6313 Stardust property have two downstairs bedrooms?
This house at 6313 Stardust is a tri-level home. The main floor has the living area plus the 5th bedroom (or maid's room) plus a 3/4 bath. The upstairs has the master bedroom, bath an ... more
0 votes Share Flag Mon Apr 13, 2009 Home Buying in 79912
Judy Luna, Real Estate Pro in Fayetteville, AR
Judy Luna answered:
How much can I ask a realtor to negotiate down on a house in today's market on the west side of El Paso. The
What you need is a market analysis for the home you are interested in purchasing. What this involves is to have your buyer agent check the Multiple Listing Service database to see what ... more
0 votes Share Flag Sat Nov 29, 2008 Home Buying in 79912
Jason Brown, Home Buyer in Newport, RI
Jason Brown answered:
The lenders I am talking to want to appraise to determine if the house is in a declining market before
Thanks Mark, but I am not in financial difficulty...just not rich. I do not want to tie up otherwise liquid cash in a big down payment with current market conditions.
1 vote Share Flag Sat May 3, 2008 Home Buying in 79912
Rick Snow, Real Estate Pro in El Paso, TX
Rick Snow answered:
What is the housing market outlook for West Side in El Paso, TX?
Michael, that depends on many factors. The market in El Paso continues to be better than other parts of the country, but it has slowed from last years boom. We continue to sell homes ev ... more
1 vote Share Flag Mon Nov 19, 2007 Market Conditions in 79912
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