If you are thinking of selling your home with a USDA mortgage, you should hire someone that is experienced with USDA options. Depending on where you send your mortgage payment will determine how the process will need to start.
If you pay your mortgage to a loan Servicer like Chase, you will want to contact the loan servicers short sale department to get started. A professional can help you will this process by gathering the necessary documents and contacting your loan servicer on your behalf.
USDA loan restrictions are primarily related to the borrowers income and the property value in relation to the area. The property must be considered normal and the price should be in the median range for the location. http://USDALenders.org... more
how can i unlist my rental?My rental does not even appear under my profile. How absurd! I keep getting requests but it is rented. This is ridiculous!!! I've clicked every button on the header of the site. I will
Use InBedrock.com to fully understand + analyze all real costs of homeownership, including purchase price, down payment options, closing costs (title insurance, bank fees, inspection/appraisal, legal), mortgage financing- interest rate, term, points, pre approval requirements, RE Taxes, HO Insurance, utilities/maintenance/condo fees, selling costs (broker commission, capital gains tax, state transfer taxes). InBedrock.com is educational, in-depth, easy-to-understand. Invaluable especially for serious first-time homebuyers.... more
Hi Patrice. Are you asking for comps for your home on the market? Your realtor can provide you with the most recent listings, pendings and sales. If you are not currently working with an agent, feel free to give me a call 208.830.1331 or e-mail email@example.com and I'd be happy to help... more
If you are speaking about buyer closing costs, then these costs will be the fees/reserves charged by your lender. I've found that these can vary by lender depending on the loan program, if an origination fee is charged and dependent on interest rate. For example, I have a client closing with a loan of $115,000 conventional loan and the closing costs/reserves are $3000. I have another transaction representing the seller and the loan amount is $258,000 FHA loan and the buyers closing costs/reserves are over $7000. So in short, they will vary depending on your loan program, interest rate and lender you choose. I can recommend a fantastic lender in the valley if you need. Text or call me at 208.830.1331... more
Hi George. If you need the proceeds from your current home to purchase a new home, then you can do a simultaneous close. What that means is your home you have to sell and the home you want to purchase can close the same day. Hope this helps.... more