Home Buying in Midland : Real Estate Advice

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Feign.brio, Home Buyer in New York, NY
Feign.brio asked:
I live in Midland Tx. I'm a looking to buy a home, first time. Oil is the main economy here, was wondering if I should wait to buy a home. Price of homes have dropped, but should i wait and see if they lower more and can I negotiate price. Also should i buy new or old.
0 votes Share Flag Wed May 25, 2016 Home Buying in Midland
Cindy Roberts…, Home Buyer in La Vernia, TX
Cindy Roberts Richardson answered:
my husband and I moved to Midland 2 months ago and are looking to buying a house hopefully sometime next year and was wondering what to do first
we have our house for sale by owner! 4001 edgebrook drive. zillow.com has the listing. Tons of updates on a 4 br 3.75 ba 2 living 2 dining 3 car garage with pool. call 337.349.0311 ... more
0 votes Share Flag Fri Aug 28, 2015 Home Buying in Midland
Cindy Roberts…, Home Buyer in La Vernia, TX
Cindy Roberts Richardson asked:
our home is 4001 edgebrook dr midland tx. we bought it in january 2014. we have just listed it for sale by owner august 25 2015. Delete the old list our home is 4001 edgebrook dr midland tx. we bought it in january 2014. we have just listed it for sale by owner august 25 2015. Delete the old listing please. we have it listed with owners.com…
0 votes Share Flag Thu Aug 27, 2015 Home Buying in 79707
Jeremy Morgan, Home Buyer in Bakersfield, CA
Jeremy Morgan answered:
I have a credit score of 592 and we are in desperate need of a house. Is there any way to qualify for a mortgage loan?Please help.
FHA loans provide great assistance to many first time home buyers by offering mortgage loans with lower down payments. While this is a benefit for many people, recent changes in policy ... more
0 votes Share Flag Tue Jun 9, 2015 Home Buying in Midland
laurie6904, Home Buyer in Midland, TX
laurie6904 answered:
Betenbough Homes builder does not work with real estage agents/buyer's agents?
My husband and I moved to Midland and purchased a Betenbough Homes and felt very comfortable not using a realtor. We saved money for my husbands company and Betenbough was very honest ... more
0 votes Share Flag Tue Mar 10, 2015 Home Buying in Midland
Ileana Rodic…, Home Buyer in Miami, FL
Ileana Rodicio asked:
Value of this community?
0 votes Share Flag Sat Nov 9, 2013 Home Buying in Haley Heights
Cecilia Sali…, Real Estate Pro in Midland, TX
Cecilia Salinas answered:
do you have any house in green tree for rent? range 3000-3800. Thanks
HI. here's a suggestion...try facebook, its a group called midland odessa house for rent or sale. Hope you find something!! :)
0 votes Share Flag Fri Nov 8, 2013 Home Buying in Green Tree North
 Danny, Real Estate Pro in Midland, TX
Danny answered:
Too early to for a pre-approval letter?
I would recommend not contacting a lender until February of 2014. I am happy to recommend a local lender if you like. If so please call me. My name is danny Norwood and I'm a realtor as ... more
0 votes Share Flag Wed Oct 23, 2013 Home Buying in 79705
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
I need help!!! Need a house but no down payment.
It will be pretty tough trying to find a house without a downpayment unless your are a veteran. If you are a veteran then you can apply for a VA loan which does not require a down payme ... more
0 votes Share Flag Wed Aug 28, 2013 Home Buying in Midland
Tommy Burris, Real Estate Pro in Baton Rouge, LA
Tommy Burris answered:
Is there a local lender that will wrap up the closing costs in the mortgage?
Midland is a hot market. I understand that this is why sellers don't pay a lot of closing costs for the buyer.

Your lender and realtor dropped the ball.... They should have worked to ... more
0 votes Share Flag Tue Aug 20, 2013 Home Buying in Midland
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Please see below:
Loan officer don't get involved with determining value of a home your Realtor and lender appraiser would do that. I see no problems with this person for approving your loan.

Lynn91 ... more
0 votes Share Flag Mon Aug 12, 2013 Home Buying in Midland
K.C. Jones, Real Estate Pro in Irving, TX
K.C. Jones answered:
Need a lender!!!
Bethany,

I can work with your husband's credit score! :)
We're able to approve VA loans with lower credit scores...please give me a call.

I look forward to speaking with you.

... more
0 votes Share Flag Thu Aug 8, 2013 Home Buying in Midland
Nathan Reeves, Real Estate Pro in Midland, TX
Nathan Reeves answered:
My friend's landlord died and they only found out because they read the obituaries. what do they do?
Keep paying rent. If there is a written lease agreement between the parties, the lease would pass with the sale or the transfer of ownership. I would fix the AC and deduct the amount fr ... more
0 votes Share Flag Wed Aug 7, 2013 Home Buying in Midland
Don Groff, Real Estate Pro in Austin, TX
Don Groff answered:
My husband says closing costs run a min of ~ $5 K, regardless of sale price. At 3.5% int rate (maybe exp-60 days?)and $200K home, closing costs?
It does depend on the type of loan. You are most likely looking at an FHA loan. If you can put down 5% instead of 3.5% you can go conventional assuming your credit is excellent and th ... more
0 votes Share Flag Thu Jul 11, 2013 Home Buying in Midland
Ann Flatt, Real Estate Pro in Midland, TX
Ann Flatt answered:
We would like to sell our home in Midland soon, but we need to do some updating first. If we got a home equity loan would it hurt us in the long run?
I would never recommend acquiring debt to update a property that you do not intend to keep. Location and price also weigh in on how long it would take to sell your home. You can't ... more
0 votes Share Flag Tue Jul 9, 2013 Home Buying in 79705
Patti Woolard, Real Estate Pro in Horseshoe Bay, TX
Patti Woolard answered:
Relocating to Midland Odessa area - Need help
Ginger-

I would love the opportunity to work with you and your husband. Instead of going back and forth I would like to give you my cell phone number, so I can answer your questions ... more
0 votes Share Flag Thu May 23, 2013 Home Buying in Midland
George Raymo…, Real Estate Pro in Fort Worth, TX
George Raymondo answered:
If I have a credit score in the high 600's maybe even low 700's and i have employment history for 20 m. Will someone lend me?
If you want to go FHA, they require a 24 work history period, unless you were in Tech School, College, etc. as that time in school can be applied to that time or in some cases be used i ... more
0 votes Share Flag Thu May 23, 2013 Home Buying in Midland
Josh Marks, Real Estate Pro in Chicago, IL
Josh Marks answered:
I have a credit score of 647 and my husband has a credit score of 610. We are working on our credit. Is there someone willing to work with us?
Gilbert,

Do you have a decent income? My suggsetion would be for you to be on the loan, recieve a gift from your husband (can be the entire down payment) , and then have him be on ti ... more
0 votes Share Flag Mon Apr 29, 2013 Home Buying in Midland
Ann Flatt, Real Estate Pro in Midland, TX
Ann Flatt answered:
As a first time home Buyer, would looking into a foreclosed home as a first time option be a mistake, or something to consider?
I would encourage you to talk with a LOCAL lender to determine what type of financing is available to you. A local lender that you can sit down with and discuss your situation will be ... more
0 votes Share Flag Fri Apr 12, 2013 Home Buying in Midland
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