The best place to find local comparable sales and currently listed homes is the West Penn Multi List system. A local Realtor can assist you with a market analysis, or you can have an appraiser give you a value.... more
As a REALTOR, our job is to help you first and foremost. If you need a lot of work to get into a home, an agent can help tremendously. Make it easy on them, and refer them to your friends. A referral is the greatest compliment you can give an agent. It's not about the money, it's about the opportunity to do such a wonderful job that you sing praises to everyone you know.... more
When you are looking for a home, whether you're a first time homebuyer or just looking for a change, you want a buyer's agent who can make the journey into home ownership smooth and comfortable. Definitely do your research, ask your friends and family in the community what experiences they have had (Good and Bad), and talk to a couple different realtors. First impressions are huge, not just when viewing a home for the first time, but also meeting people for the first time. It's also ok to be selective. Buying a new home can be stressful and you want to find someone who can ease the stress and make the process wonderful. When you make a connection with a buyer's agent, you'll know!!! Best of luck in the search for your new home.... more
Parents have every right to gift you money. I have done many parent-kids purchases where the $5,000-10,000 is a wedding gift or Christmas gift etc. They will probably have to write what is called a "Gift Letter" stating they are giving you a gift for furniture, down payment, closing costs, etc. It could only be a problem if you were asking the sellers for 'seller assistance' because then they will wonder why you needed the seller assistance from the sellers if parents were giving you $10k. However, the bank has every right to ask the parents for documentation of their accounts too since it's a larger amount of money. If you explain it is for appliances and furniture, that can work, just make sure to send in the bank statements and you will be good.... more
Your realtor was partly correct. USDA requires bacteria testing for the well (well flow is not required unless there is some specific indicator that flow is an issue). Radon is not required for USDA., but is recommended due to potential dangers. A septic dye test is required and must pass. Distances between well, septic and leechbed must meet FHA current requirements,
You need those tests completed to be APPROVED for financing, so at some point they would have needed to be performed. It becomes a contract (agreement of sale) issue to start out an offer with no inspections, then "add them later". Contract requires the type of financing to be disclosed, at which time the listing agent would point out the same thing - the tests will need to be acceptable to complete the financing. Without opting for the tests up front, it would be a breach of the listing agents responsibility to the sellers to accept that agreement, ignoring the ultimate need for the tests. The sellers can choose to refuse the offer, counter with a willingness to allow the tests (its still their property), or move on to an offer which does not raise the question of the condition of well and septic. In my opinion, your agent handled it correctly. In fact, attempting what you suggest would have been misleading and inappropriate for the agent to be involved in.
Diane, also in Butler, PA... more
The other answers are correct. First you need to get a comparative market analysis done by an agent of your choice to get an idea of what your house is worth. Then you can use that information to contact a lender to find out what your buying power will be based on your credit, income, debt ratio, and whether or not it is necessary to sell your house before you can buy.
While buying a new house is often a hugely emotional decision, before you embark on the process you need to get the financial components of the decision lined up; that way you will be less likely to be disappointed and will have a clearer picture of how best to proceed. Good luck.... more
The school district is Knoch (South Butler County). I live in the area and graduated from Knoch. The house is beautiful and has 4 acres. The insides are amazing. When are you looking to move to the area? You can email me at PaSteve@kw.com or call 724-968-2639 and we can find the perfect time to have you view this show piece home.... more
No house is perfect--even a brand new one. We always advise buyers to get a home inspection. Even with new construction there may be issues that need to be addressed, and what better time than during the inspection contingency period allowed within our PA agreement of sale. If the inspector finds things that should be corrected prior to your ownership, you may also have more leverage with the builder to fix them prior to closing. Even though builders are required to warranty their work for 1 year, it is preferable to have repairs done prior to moving in.... more
Krissy, Now is the time to make a move to start looking for a house. Owning is MUCH better than renting. You wont have other tenants in you home, you dont have to worry about a landlord raising the rent every year or going through your place when you are not home or throwing you out at the end of you rlease, etc... Renting just plain sucks. When you own, you get tax deductions at the end of the year. You can so whatever you want without asking permission and on and on. The process of buying a house takea 45-60 days from start to finish. I live in Butler also and can help you find your dream house. My office is in Wexford but I live in Butler and mostly work out of my house.... more
There may be sellers who are willing, however they typically want a larger down payment and higher interest rates. Why do you need owner financing? Or do you want to sell and considering owner financing??... more
It can be very frustrating on very emotional when sellig a home. This is were agents come into play. Just make sure you read the contract and what it states for deadlines just as shane mentioned below. Good luck to you and your family.
Deeley Chester... more
Bobbi - A 3 bedroom/3 bathroom unit sold earlier this year for $218,500 and a 2 bedroom/ 2 bathroom unit sold last year for $181,200. I do not see any active listings currently on the market. If you'd like me to send photos please contact me through my website (www.EATHOMPSON.com) and leave your e-mail or call my cell phone (412-304-9654). If I'm mistaken and there are units for sale I can make myself available to show them to you.... more
In a nutshell, if the appraiser (appraisal inspection) doesn't make a note of these isses and you are okay with them you can move forward. The initial inspection is simply for you. The appraisal inspection typically follows. In a nutshell, just ask the seller to fix all this stuff before closing. They should do it. If not, say that you'll opt out of the conract if they won't budge. Rely on your realtor's expertise for this. The seller probably wants to sell as bad as you want to buy the house . Both sides should be able to come to happy medium.... more