Hi there! I would recommend that you speak with a lender who can best advise you on minimum credit score to qualify for home purchase. Different loan programs (FHA, VA, conventional) have their own credit score criteria.
Jessica, I can connect with a loan officer here in Salem, OR that can help answer some of your questions. Do you know what your source of income will be in Salem? If you are bringing a business with you a mortgage underwriter may have questions about how the business will continue to thrive in the new location. There are several loan officers I have worked with whom have access to "under 20% down" programs. I think your only potential issue would be your new employment situation. If you want to send me your email I'll place in you touch with someone here and you can get your answer before picking up and moving.
Not sure what your question is. If you are asking why they are different, sometimes it is because there are certain exemptions that reduce taxes, and the restored factor is used. At other times, it is because the 1st payment for the coming year has already come out, so they predict upcoming taxes based on that, rather than the prior year. Please clarify, and you will get a more accurate answer.
Senior Mortgage Loan Originator
NML #18065... more
There is program where the cash comes and goes just as fast, the Feds will release funds and lenders use them for active clients, the funds are to help with down payment so you only have to deal with closing costs (or part of them if we negotiate with seller to pay part of them), in order to have a chance you MUST be in touch with a lender already, Please Note not all lenders have this programs so look around, if you need help please let us know and see if we can get you started. or we can explain this with more details
An inquiry to rent a place will not affect your score unless you already have fragile credit and a rash of recent inquiries. For government products 30 days of pay is needed. For conventional one paystub is usually all that is needed however if you are well qualified you may be okay with only a contract in place... You just have to have started at your new job prior to closing. I would be happy to help you further if needed, just ask!... more
If I'm your Listing Agent, my first advice to you would be security!!, how are you going to qualify who comes into your home and also, record keeping?
RE Agents are far more experienced when it comes to open houses, they know what to look for before they let anybody roam into your home.
Let them do their job, home seller's best they can do is ask for activity report.... more
No but many of them are in locations with HOA (home owners associations) and this means an additional monthly fee, please note that manufacture homes are hard to get financing for and they depreciate with time, usually a 15-year old manufacture home all you can hope is to keep its value due to depreciation (just like a car), regular residential are better choice as they do keep their value and if in good conditions or updated they increase in value for a better long-term investment, you can find homes built in 1910 in good living with great current market value, but find any manufacture home over 15-years old and notice the decrease in value and in many cases the only value is the land (home value is gone)... more
Well, obviously not all properties are priced equally well, and some show way better than others. But sometimes we are just incredibly fortunate to have the right buyer come along right away for a distinctive home, and sometimes that buyer doesn't need to buy and come along till a year later! If the property shows well and offers a popular floor plan and is priced under about $275,000 in a good location, it should sell fairly quickly. If it doesn't, more often than not there is something not quite right. We can't change locations, but maybe condition needs to change and often price needs to change. Sometimes agents don't give honest enough feedback after showings, and sometimes listing agents don't ask specific enough questions. For example, are there smells from a catbox or old cigarettes in an ashtray, even outside? Are there clothes on the floor and messy kitchen counters? Those things will jinx any property! Sometimes we need to deliver tough messages but avoid them.... more
Yes there are numerous condo's for sale. Ranging in price from $89,000-$120,000 2 bed 1 bath. 1020 sqft to 1160 sqft. Built in 1991. Call if you would like more information or if you would like to take a look.... more