Hi, your questions was cut off - you may want to resubmit your post. I'd be otherwise happy to help if I can. Best wishes, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile.... more
To be quite honest it is very hard to find land contract homes. You can have a Realtor search in the MLS for you but you will only find a couple. I suggest searching craigslist and typind Land Contract in the search box.... more
I would definitely look for a Realtor in your area that does quite a bit of business. Any Realtor that is experienced will have worked on many foreclosure transactions since they are so prevalent in your area.... more
Jeff..I agree with Char here...buyers typically don't want to have to repair a home immediately after purchase....and when they do, they typically develop an 'investor' mentality, and use the needed repair as a negotiation point on the price for the home. I would advise to repair the sunroom.....as it is a 'sunroom' I wouldn't think the adding of insulated walls would justify the added cost....
Per federal regulations PMI must be stopped after you reach 78% LTV from the original purchase. If this has happened, contact your Congressperson's office to find out who to file a complaint to.... more
Thats up to you. Have to weight out the pros and cons and what will the property be worth at the end. If it's not going to get you money plus time back, then might not be worth it. If you plan on living there and over time gets your money back for you then it might.
I'm assuming you have no mortgage on your current home. A lender, most likely, can use the equity in your current home as collateral for down payment. If you need more info contact me and I can guide you thru the process. firstname.lastname@example.org or 419/423-0001. I am the Broker at ERA Geyer-Noakes Realty Group in Findlay, Ohio.... more
Jen your best bet is to get written estimates from local contractors. There ar emany variabbles such as if they open or are fixed closed, wooden or vinyl, style, quaility, type of glass, roof pitch, etc... You may just get alot of guesses online.... more
The government gets appraisal to determine what they should sell the property. I have seen properties over priced and properties under priced, it all depends on how good the appraiser is. Typically the owner occupant gets the advantage when making bids but the net proceeds will also determine if the the deal will be accepatance. The purchase price will not have an effect of the selling price but value will.
First Weber Group
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