Property Q&A in Deer Valley>Question Details

Richard  Con…, Home Buyer in Glendale, AZ

will it do fha financeing?

Asked by Richard Conley, Glendale, AZ Thu Aug 30, 2012

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This question is about this property: http://www.trulia.com/property/3084598559-2422-W-Anderson-Av…

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Answers

8
Not if you can't spell!!!!
0 votes Thank Flag Link Mon Sep 3, 2012
There are several factors that an FHA loan will require. The home will have an appraisal done on the house to determine the condition of the home and the amount of the loan meets the equity requirements of the loan. Your lender can guide you on the guidelines that the lender will have for your new home. In the case of this house, there are multiple offers and the sellers are not showing the home. I can send you over a list of homes that are available. What are your criteria for your new home? You can also search online on my website at http://www.jenniemillerrealtor.com and have the same access to the Multiple Listing Service like real estate agents do.
0 votes Thank Flag Link Fri Aug 31, 2012
No it will not qualify for FHA.
0 votes Thank Flag Link Thu Aug 30, 2012
Richard

Good question:

It's important as we look at any property that we understand the buyers financing and the potential impact the property will have on the success of such.

Find a Realtor that you can communicate with and trust to guide you in this process, the rewards will be returned to you in the process.

Good luck in your search for homes and thanks for the question!
0 votes Thank Flag Link Thu Aug 30, 2012
Looks like this one has been under contract since May.
0 votes Thank Flag Link Thu Aug 30, 2012
The property already has several offers on it and is AWC (active with contingencies).
This is what the reltor has is remarks (We currently have an offer with backups & sellers have requested NO MORE SHOWINGS.)
If you like you can go to my web site and search like l do.
azhousesales.listingbook.com
0 votes Thank Flag Link Thu Aug 30, 2012
Hi Richard,

Due to condition this home will most likely not go FHA. They do have multiple offers in place. Let me know if you have any questions or concerns.

Mike Cave

REALTOR®, ABR®, e-PRO®, SFR, RESC
Arizona Premier Realty Homes & Land
Cell: (602) 410-7660
Office: (623) 594-7680
Fax: (602) 978-0003
7200 West Bell Rd. St. I-400
Glendale, AZ 85308
Email: MikeCaveRealty@msn.com
Website: http://www.searchAZrealty.com
Website: http://www.MikeCaveRealty.com
"Premier Real Estate Services with Integrity"
0 votes Thank Flag Link Thu Aug 30, 2012
Its a short sale and they are working an active offer right now.
0 votes Thank Flag Link Thu Aug 30, 2012
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