On a separate note...are you sure that's the house you're going to want to be in a few years down the line? With the income you're new employment will provide, you can certainly afford a lot more than $650k for your house, so, rather than move again in a few years, perhaps you should carefully consider what your mid-range housing needs/desires look like before you kill yourself to get into a house that you may not want after a year or two. Best of luck...
You will need to stay on top of the property to see where it's headed. In the meantime, I would definitely look at other options/homes so that you're prepared either way. Getting your financing secured first is the best thing to do, then you're ready to go with this property or any other. Best of luck to you and if you need assistance, I'd be happy to help!
RE/MAX NE Ohio
Is this home a "short sale?" If so, it's possible that you could plan on an extended period for your closing just because of this. It's known that these types of sales require more time and a higher level of patience for buyers. It's possible that you may not be too far off your anticipated target date for qualifying.
Have you met with a lending agent to process these plans? If not, I would recommend that you begin there. I'm sure the lender isn't going to want to lose you as a dependable customer so they may be able to offer some flexibility for your situation.
Is your present home on the market to sell? This is another consideration that you may wish to consider. The lender may have needs with this but they can comment on this. So if you don't want to lose this one, I would begin with your lender to find out where they stand on your plans.
Annette Lawrence, Broker/Associate=======
Remax Realtec Group----------
Palm Harbor, FL ---------
All very good questions! What I would recommend is to speak to a good loan officer and real estate agent that can assist you. The loan officer will need to review your situation, income, credit, etc to give you full answers to your questions. A real estate agent can assist you with locating good loan officers to speak with and help you place an offer on a home, negotiate and guide you through the process.
I'm local here, and I would be very happy to help you get your questions answered, get you the home you want and make it a smooth process. I invite you to contact me anytime.