Electra : Real Estate Advice

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Jason Myers, Home Owner in Roslyn Heights, NY
Jason Myers answered:
Why do lenders keep the USDA loan programs a secret? I feel that if more buyers knew about these programs, (2), more homes would sell. I have bought
I'm not sure if the lenders are actually trying to keep the USDA lender programs as a secret. There are a whole bunch of lenders operating in this niche space. In order to finance rural ... more
0 votes Share Flag Tue Jun 21, 2016 Home Buying in Electra
Guy Gimenez, Real Estate Pro in Austin, TX
Guy Gimenez answered:
If I buy a 3 bedroom house and close the garage to use as bonus room versus put a window and make it a 4th room. What impact would have in my taxes?
No way to answer with any certainty as this is simply a "crystal ball" type question. Your taxing authorities would obviously want to tax the extra living space differently than they wo ... more
0 votes Share Flag Wed Dec 5, 2012 Home Buying in Electra
Bruce Ericks…, Real Estate Pro in Irving, TX
Bruce Erickson answered:
If I have rental property can I still get a usda loan If I live in the property as my primary residence?
Cbil,

According to one of my trusted loan officers, yes and there is no limit on the number of rental properties that you own. But any income from the renal properties will count aga ... more
0 votes Share Flag Fri Aug 26, 2011 Home Buying in Electra
T.E. & Naima…, Real Estate Pro in Dallas, TX
T.E. & Naima Sumner answered:
I 'am looking at a listing on Trulia that states the acreage is 50 acres in Electra.
If the listing was entered by hand rather than being downloaded from the listing service, it could have a typographical error in it.

It is more likely to be a human error than a pu ... more
0 votes Share Flag Fri Feb 5, 2010 Home Buying in Electra
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