There is more value (for resale purposes) if you had a 4th bedroom. But...it sounds like it would be super easy for you to make it into a 4th bedroom down the road, if you wanted to. It's really a matter of personal preference (and resale value down the road). But since you're planning on being in the home for a long time, and you feel that 3 bedrooms is sufficient, then stick with 3 bedrooms.... more
Great question Amy! Find a Lender that will work with you and that Lender should also be able to give you advice on how to improve your Credit Score. Your Lender should be able to advise you of the varies State and Federal programs.
If you can buy down points at the beginning of you loan process, it will reduce your interest rate. But buying down points is not always an option. Ask your Lender.... more
Typically the seller pays the realtor who brings them an acceptable offer. So that commission is negotiable but typically 3%. There are cases where the buyer's agent has an agreement with his buyer to make up any difference between what a For Sale by Owner may pay but that adds to the buyer's overall closing costs and money needed to complete the sale. The buyer also usually reflects this additional cost in his offer to the seller. Each situation is different!... more
Yes in general homes in better locations will hold their values better in a down market. They also will recover quickly in an up market. That doesn't mean there still are good values listed on the market compared to the homes value but that's where the skill of an experienced agent will help find those kinds of deals.... more
The great rental history is a positive but we you should consult with a credit repair specialist and see how you can improve your credit score. This will allow you the opportunity to get the best rate when you buy your home. If you have to wait a few months while you are doing this credit repair, it will pay off in the end.... more
HSA does a good job here in Delaware. I can tell you there are different prices for different Real Estate company's. According to HSA they just lowered the price through our company by $50. If cost is no concern they are the only company I use. Unless my client wants to use someone else. Best is to compare what they cover side by side and make your decision. Good luck.... more
All listings on Trulia are generated by the listing Real estate agent; Trulia scans the MLS data base and posts that information to their web site. If you have your home listed through a licensed Realtor then your listing and corrections or changes should appear on Trulia within 72 hours after going live in the MLS system... more
Currently if you go through the Delaware State Housing Authority program which with a credit score of 640 they will help with the down payment and closing cost of upwards of $8000 or 4% of the purchase price.
Now within the guidelines there are certain approved lenders and housing counselors that will help with credit repair for FREE. Some lenders have a program to assist with increasing your credit score. DO NOT FALL for the paid service
Speak with current owners and read as many forums as possible. Also take a tour and reach out to a Realtor to represent you during the purchase. It's FREE and the sales people in the office totally works for the builder.... more
Are you using the same Realtor as you did when you had mutable showings? When a home first goes on the market there are the most showings because it is a new listing. Now you may be going through the dry spell because it has been on the market awhile. If this is the case there are way to overcome it. If you were not under contract I ask you to call. Get with your agent and discuss his marketing of the home.... more