Home Buying in 87107 : Real Estate Advice

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Karen Peyton, Real Estate Pro in Chandler, AZ
Karen Peyton answered:
the listing 1313 phoenix nw Albuquerque 87107 does not undicate that this house is condemned by the city of Albuquerque as not livable for human being
I wouldn't worry too much. Homes that have been condemned "can" be sold, though cannot be lived in until repairs are done and a Certificate of Occupancy is issued by the city. You can ... more
2 votes Share Flag Fri Sep 11, 2015 Home Buying in 87107
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
Does your broker get a referral fee from any vendor he asks you to use?
They're not supposed to--whether it's home warranty companies, home inspectors, title companies, insurance companies, lenders, etc.

Having said that, there sometimes is common or sha ... more
0 votes Share Flag Wed Apr 11, 2012 Home Buying in 87107
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
do i need an FHA Amendment for a short sale? I know there is verbiage in the PA under FHA regarding appraisal stipulations and covers my buyer..
Q: do i need an FHA Amendment for a short sale?
A: It appears you likely do, as a short sale is considered a pre-foreclosure sale. The below link is the official FHA guidelines/handbo ... more
1 vote Share Flag Wed Jul 13, 2011 Home Buying in 87107
Joshua Chris…, Real Estate Pro in Albuquerque, NM
Joshua Christensen answered:
Home for sale for 159,000 needs major remodel, sold for 70,000 less 10 years ago and seller has made no improvements. Is 120,000 too low?
Purchasing a home in this condition raises lots of concerns for a lender. Lynn911 from Dallas mentions below that it's important to have the cash for repairs and that NO Lender wo ... more
0 votes Share Flag Wed Sep 22, 2010 Home Buying in 87107
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