Natalia : Advice

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MELINDA REYES…, Real Estate Pro in San Antonio, TX
MELINDA REYES, REALTOR®, ALHS answered:
I have a possible 8 unit building, have some equity, looking for a rehab loan, credit is good-fair. Where can i start looking?
In answering your question, I am going to assume that you are speaking of an 8-unit multifamily building/complex. I have several investors who have used Sonora Bank in Boerne to obtain ... more
0 votes Share Flag Sat Jan 25, 2014 Home Buying in Natalia
Tom Burris, Real Estate Pro in Dallas, TX
Tom Burris answered:
My lender is asking for a $450 upfront fee to be paid inorder to process my loan application. Is this normal?
Johnny below may be getting stuck in semantics.
Processing application?
Processing for pre-approval?
or
Processing the loan for approval?

There are unnecessary fees charged up fr ... more
0 votes Share Flag Sun Aug 4, 2013 Home Buying in 78059
Johnny James…, Real Estate Pro in 93551
Johnny James BBA answered:
What is the earnest money normally for?
Earnest Money Deposit something to let the seller know you mean business.
0 votes Share Flag Fri Aug 2, 2013 Home Buying in 78059
Don Groff, Real Estate Pro in Cedar Park, TX
Don Groff answered:
If we sign a contract for a bank owned house how long do we have to wait for an answer from the realestate agent so we can buy the house?
There is truly no specific answer to that question. The bank can take as long as it wants. It will depend on how far along the process the lender is already. It could be a relatively ... more
0 votes Share Flag Wed Jan 5, 2011 Home Buying in Natalia
Jack Flash, Real Estate Pro in Mount Prospect, IL
Jack Flash answered:
what is the diffrence between an F H A and a convational sale?Is this the only way to buy a bank owned home?who pays the closing costs? please help.
Hi Mary,

No one can dictate which lender or type of financing you use. What determines that is a borrowers creditworthiness, their income, and the amount of cash or other real asset ... more
0 votes Share Flag Mon Jan 3, 2011 Home Buying in Natalia
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