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Larry Tollen, Real Estate Pro in Chapel Hill, NC
Larry Tollen answered:
What is the best way to approach FSBO?
Contact them in advance, tell them you're a Realtor and simply ask them if their prepared to pay you a commission if you bring them a buyer. Most FSBO's are prepared for the question an ... more
0 votes Share Flag Thu Jun 12, 2014 Home Buying in Houston Heights
Sam Theodory, Real Estate Pro in Newport Beach, CA
Sam Theodory answered:
What are the four kinds of mortgages and how do they differ?
The 30-year fixed-rate mortgage
Not long ago, there was only one kind of mortgage: 30-year fixed rate (the borrower has 30 years to pay back the mortgage at a fixed interest rate and t ... more
2 votes Share Flag Mon Nov 19, 2012 Home Buying in Houston Heights
Don Groff, Real Estate Pro in Austin, TX
Don Groff answered:
Please let me know the pros and cons of 3.5% FHA downpayment as opposed to 5% downpayment. Thank you!
I'm assuming your talking about FHA in both options. If you have less than a 95% LTV the monthly MI is every so slightly lower than if you just put down 3.5%-5%. It is such a small di ... more
0 votes Share Flag Wed Aug 22, 2012 Home Buying in Houston Heights
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