Stephen E. Mckee answered:
Scenario- We bid on a standard flipper house Monday, Nov.21. The next day, late afternoon, the seller counter bid on a much higher price. Continued-
I know how Steves office does things. All deals are fully executed after the buyer has accepted all terms. As much as I don't agree with doing things this way, I'm sure they w
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Allison Norman answered:
My agent told me that I only have 3days to decide whether to buy or not if the seller accepted my offer. Anything can happen within 4-6 months.?
First of all...just to clarify, the SELLER in a short sale is the Homeowner NOT the bank. The offer is accepted by the owner of the property, subject to the bank/lender approving the se
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John Arendsen answered:
How do you speed up a short sale? I am already pre-qualified to the price the seller is asking. What is the average waiting period on a short sale?
Chito, I wish I had a dollar for every person I've answered this question for. You'e at the mercy of the lenders through and through period. They all go at their own pace and
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Hector Reyes answered:
I was buying a house, and the bank was dragging its feet on loan approval. i called bank and they said loan
Unfortunately we are on a market that anything will spook the bankers and they will drag it.
Now with the deposit, it should said in you contract if they can keep it.
I had a situ
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Alisha Chen answered:
I have about 5 years left to pay on my home and just recently co-signed for my daughter on her first home. Would it be possible for me to purchase an?
That really depends on how much you are making and how much your debts are and also how much loan amount do you need. I would suggest you talk to a good lender, give all your financial
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Steve Ornellas: MBA, RE Masters, GRI, ABR, e-PRO answered:
WHAT KIND OF FICO SCORE DO I NEED TO PURSHASE A HOME?
Hi Vivian, Dana is correct on FHA.
Non-FHA is also 620; HOWEVER, if you do not want any added Lender fees for low credit score you need a 720. Then again, if your LTV is 60% and low
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Shel-lee Davis - DRE #01817412 answered:
what percent of the asking price should i put in as my offer lets say their asking for 100,000?
Gemma:
It is not about asking price, it is about market value and personal value. Some listing agents, especially on short sale and REO's, list the home below market value to create
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