Financing in Norfolk : Real Estate Advice

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Leonajulli, Home Buyer in Fort Worth, TX
Leonajulli answered:
There there advantages to for not escrowing my homeowners insurance.
It all depends on how much you pay for taxes and insurance each year relative to the size of the loan. Unless you have a significant bill it will take a long time for the interest you e ... more
1 vote Share Flag Thu Jun 11, 2015 Financing in Norfolk
Josh Barnett, Real Estate Pro in Chandler, OK
Josh Barnett answered:
Is there a cap for home assessments in certain areas?
Give the assessor a call that completed the assessment, they will be able to help.
0 votes Share Flag Sun Mar 8, 2015 Financing in 23503
Karl Kuehner, Real Estate Pro in CHESAPEAKE, VA
Karl Kuehner answered:
How does someone get a current market analysis on a property they've owned for over 15 years in Norfolk VA. WONDERING what its value is in this day
I do comparative market analysis for interested parties on a daily basis. If you would like to find out the current fair market value value of your home, give me a call at 757-880-7891 ... more
0 votes Share Flag Sat Apr 5, 2014 Financing in Norfolk
Rebecca Bulk…, Real Estate Pro in Virginia Beach, VA
Rebecca Bulkeley answered:
If you are 77 yrs. old can you qualify to buy a house?
You are never to old to stop living and enjoying life. This includes seeking out a real estate professional, like myself, who works specifically with seniors. I am a Senior Residentia ... more
0 votes Share Flag Mon Jul 22, 2013 Financing in 23502
Brent Mendel…, Real Estate Pro in Rockville, MD
Brent Mendelson answered:
Lending for a Condo with 45% Owner Occupancy as an Investment Property
You need to find a lender who has a portfolio program that doesn't have to follow the rules set by Fannie and Freddie. If you get what's called a limited condo review that is the only h ... more
0 votes Share Flag Thu Jul 12, 2012 Financing in 23517
Kevin Monette, Real Estate Pro in Virginia Beach, VA
Kevin Monette answered:
First-time home buyer...Would it be better for me to take a loan with higher interest and no PMI or lower interest and PMI?
Another though would be how much equity you start with in a home. For example if you buy a home and the appraisal comes back $20,000 above the purchase price, then you have some built ... more
1 vote Share Flag Mon Mar 5, 2012 Financing in Norfolk
Elliott Oliva, Real Estate Pro in McLean, VA
Elliott Oliva answered:
How does an umbrella loan work?
Umbrella loan is just another name for a debt consolidation loan that is secured by your home. Also called a cash-out refi.

Let's say you own a house worth $300,000 and owe $10 ... more
1 vote Share Flag Mon Feb 6, 2012 Financing in 23504
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
How much can I put down on a house & preserve some of my resources? Would anyone recommend a Conventional LPMI? For each 1k down how much does
Hi, Kline

As stated, with FHA, the min FICO is typically 640, and the min down payment is 3.5%. Your monthly MIP (as of business close today) will now be .90% per every $1,000.00. ... more
0 votes Share Flag Mon Oct 4, 2010 Financing in 23502
trulia,  in Norfolk, VA
trulia answered:
I have a 30 yr fixed rate mortgage on my co-op with a rate of 4.875. Can I do better in the current market?
That's pretty good. I do have relationships with lenders that could look at your personal situation and give you feed back. Let me know if you are interested.
Suzanne Watson 757-6 ... more
0 votes Share Flag Wed Jun 9, 2010 Financing in Norfolk
The Hagley G…, Real Estate Pro in Pleasanton, CA
The Hagley Group answered:
I have 6 rentals and trying to just more but banks and all say no, because of the number of loans on my
Some financial institutions offer umbrella loans. I believe Merrill Lynch is one of them.
0 votes Share Flag Sun Jun 28, 2009 Financing in 23508
Will,  in Atlanta, GA
Will answered:
loan for co-op located in Norfolk, Va
It's available. Please liberate on your question.
1 vote Share Flag Mon Jul 21, 2008 Financing in Norfolk
Alvin Lapitan, Other/Just Looking in Virginia Beach, VA
Alvin Lapitan answered:
looking for a loan for a norfolk, virginia co-op?
Good morning Jennie,

Give me a call to discuss your scenario!

Cavalier Mortgage Group
0 votes Share Flag Wed Jul 16, 2008 Financing in Norfolk
California to…, Both Buyer and Seller in 23508
California to Virginia answered:
All things considered, taxes isurance, etc... using a fixed rate loan if I wanted to keep my mortgage at about
Email Rod McNeill he is my brother inlaw and very knowledgeable especially in the market financing.
0 votes Share Flag Fri Apr 25, 2008 Financing in Norfolk
Joan Hart,  in Chesapeake, VA
Joan Hart answered:
We are looking at buying a home that is Corporate owned. I assume that means bank foreclosure it is currently
In regards to your loan, you might want to discuss your concerns with your loan officer, and real estate agent. Ask which one would benefit you more, and how would it affect your intere ... more
0 votes Share Flag Sat Mar 29, 2008 Financing in Norfolk
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