I would reach out to the office manager or managing broker. If you were released from your listing, then you should be entitled to a copy of what you signed. I would also be sure listing agreement was terminated before you re-list as you would not want to pay 2 commissions if the home sells.
I do not believe there is a set amount of time you need to stay in the home; however you would want to double check with your lender. I just sold a USDA purchased home and the person had only been in the home less than 4 years. If you are interested in getting your home on the market, don't hesitate to give me a call and I can help you get started.... more
Right now the average days are around 75. However, homes that sell in the first 30 days are actually selling for sometimes more than asking price. If you price your home correctly, it will sell very quickly.... more
Hi Kim, schooldistrictfinder dot com may be a good resource for you - type in the address you're considering at the top OR type a city/state and you'll see what school districts are in that area. If you might have any add'l questions, I'd be happy to help. I can work with clients down to 530 credit scores depending on the circumstance. Best wishes otherwise, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile.... more
You won't be able to deal directly with the bank so contact a local real estate professional to assist you. Sometimes the banks list the homes immediately and sometimes weeks, months and even years go by before they list them.... more
You can flag the listing--once you open the property link, click on the flag icon or contact customer service directly http://www.trulia.com/help/ask/ You can also consider reporting tbe scam to the local authorities. If you are not working with an agent, always verify ownership before exchanging any money/personal information.... more
Chapter 13 rules are tricky Kimberly. With Conventional loans it is pretty cut and dry. In most cases it's 4 years, but with extenuating circumstances it can be as little as 2 years.
If you are still IN chapter 13, FHA guidelines may permit you to obtain a new loan if the following apply:
- one year of the pay-out period under the bankruptcy has elapsed
Â· the borrowerâ€™s payment performance has been satisfactory and all required
payments have been made on time, and
Â· the borrower has received written permission from bankruptcy court to enter
into the mortgage transaction.
If the BK has been discharged and 2 years have elapsed then it will be much easier to get approved, provided you have re-established good credit with no lates since. Technically, the guidelines allow you to apply 1 year out of discharge, but they say your application must be downgraded to a REFER and be manually reviewed by a Direct Endorsement (DE) underwriter. This means there will be additional restrictions placed on you, with regards to debt ratios and such. In addition, some lenders might not even touch that deal or they may place additional lender overlays in place.
In either case, I would speak to a lender soon. Even if you need to wait until the 2 year mark, it doesn't hurt to check things out 6 months ahead to see if there is anything you need to work on to get yourself in shape before then.
Feel free to call me if you would like assistance.
Tony Grech | Mortgage Loan Originator | NMLS 977416
PMAC Lending Services, Inc.
Toll-free (855) 642-4762 | Fax (248) 945-4842 | Direct (248) 728-0078