Home Buying in Shenandoah County : Real Estate Advice

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Bmbvideo%40g…, Home Buyer in
Bmbvideo%40gmail.com asked:
Can you buy land at 20% down, then use the collateral for the part of the land that is paid off for the 5% downpayment on FHA construction loan? For example, paid 10k on land that cost 50k (20% down).
Use that 10k in collateral already invested into the land toward a 200k construction loan (representing the required 5% down for…
0 votes Share Flag Tue Oct 21, 2014 Home Buying in Edinburg
Abby Walters, Real Estate Pro in Strasburg, VA
Abby Walters answered:
trying to buy a foreclosure. presented a contract and bank wanted to know if we would accept a QUIT deed? I have never heard of this.......good or bad
Quickclaim Deed? Usually the bank provides a special warranty deed with a foreclosure. You aren't protected as much as you are with a standard sale and a general warranty deed. But ge ... more
0 votes Share Flag Thu May 16, 2013 Home Buying in Strasburg
Abby Walters, Real Estate Pro in Strasburg, VA
Abby Walters answered:
I am looking for owner financing. Are there any in Strasburg?
Not right now, there aren't. Every once in awhile we get some though. Keep checking in!
0 votes Share Flag Thu May 16, 2013 Home Buying in Strasburg
Richard Coff…, Real Estate Pro in Midlothian, VA
Richard Coffelt answered:
where do i go for new construction homes just now being built?
Cabin Hill Homes, LLC, phone (540) 477-2686, is a local builder capable of building a home to your specifications or can provide you with many floor plan alternatives. If you need a bu ... more
0 votes Share Flag Sun Jul 8, 2012 Home Buying in 22824
Matt Oesterle, Home Buyer in San Francisco, CA
Matt Oesterle answered:
I am looking to buy an old cabin the original type of cabins with small amount of land in Va how do I go
my recommendation would be to purchase the land and old cabin separately. this gives you the most optionality and, most likely, the best end result.

there are a few places to purchas ... more
0 votes Share Flag Thu Oct 29, 2009 Home Buying in Fort Valley
Fred Griffin,  in Tallahassee, FL
Fred Griffin answered:
do you always have to have good credit and a down payment to buy a house and how do i go about finding?
Good Credit is almost always required.

No Down Payment loans include USDA Rural, VA, and perhaps owner financing. There may be others that are not as common.

Taking over Payments ... more
0 votes Share Flag Wed Jul 22, 2009 Home Buying in New Market
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