Home Buying in Sterling : Advice

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Matt Shultz, Real Estate Pro in Leesburg, VA
Matt Shultz answered:
I filed for bankrutcy 2 moths ago? when would i be able to buy a house?
This is a great question for a well-seasoned and experienced lender. I'd recommend loan officer Glen Bralley with McLean Mortgage, as he can quickly answer your question and provide you ... more
0 votes Share Flag Tue Dec 9, 2014 Home Buying in 20164
LockeMyLoan…, Real Estate Pro in Kirkland, WA
LockeMyLoan Team answered:
buying new home from builder
That is common, the appraisal is the "appraisers opinion of value", if you have some more upgrades than the other homes, and and if the appraisals were done by different people, than th ... more
0 votes Share Flag Tue Aug 12, 2014 Home Buying in Sterling
Van Garrett…, Real Estate Pro in 22307
Van Garrett FOUR PERCENT SALES answered:
Townhouse vs single family house
All the other agents have brought up some valid points. Everyone knows buying is always a better option than renting but it's also about what is right for you financially first. So I wo ... more
0 votes Share Flag Wed Jun 11, 2014 Home Buying in 20164
Nancy Ames, Home Buyer in North Attleboro, MA
Nancy Ames answered:
my wife who has forged my signature on loan modification papers my name is only on the mortgate and hers on the deed with me. what should i do?
I'm in the same boat. My Ex. has resided in the home that has both our names on the Bank Loan. He asked for and obtained a Modification and Forged my signature on the documents. I co ... more
0 votes Share Flag Tue Aug 27, 2013 Foreclosure in Sterling
Danilo Bogda…, Real Estate Pro in Reston, VA
Danilo Bogdanovic answered:
Does anyone know why Riverbend condos in Cascades is below market value for the zipcode 20165?
If you're referring to short-sales and foreclosures/bank-owned properties in that community, they're selling for below what a traditional resale would sell for. But that's the norm when ... more
0 votes Share Flag Fri Aug 2, 2013 Home Buying in Sterling
Chris Irvin, Real Estate Pro in Atlanta, GA
Chris Irvin answered:
I want to rent out my current home and use that income to buy a new house. Is there any lender out there only need to see the rental lease?

Yes you can do this but you will need 30% equity position in the departure residence,a signed lease agreement, and proof of deposit from your tenant.

Chris Irvin
Mortgag ... more
0 votes Share Flag Tue Apr 2, 2013 Home Buying in Sterling
Chris Irvin, Real Estate Pro in Atlanta, GA
Chris Irvin answered:
What is the best Flat Fee website to list a Rental property on MLS.?
I think Craigslist is hard to beat for listing rental properties especially from a cost perspective.

Chris Irvin
Mortgage Banker
Brand Mortgage
NMLS # 75615/465546
678.251.7889 ... more
0 votes Share Flag Tue Apr 2, 2013 Home Buying in Sterling
Matt Elliott, Real Estate Pro in 20148
Matt Elliott answered:
Buyer's Loan Denied 1 Day before Closing - We've Moved/House is Empty.
Hi KD,

I'm sorry to hear that. My advice would be the following:

First - speak with an attorney. As an agent, I would always recommend that to determine what your recourse is; h ... more
0 votes Share Flag Tue Oct 23, 2012 Home Buying in Sterling
Sonal Goda, Real Estate Pro in 20190
Sonal Goda answered:
The property I am trying to buy, close to Cottage Street, came back radon positive, and termite positive, and now it looks like there are also some st
Hi Kate,

Which contract did you use for your purchase? Was it As-Is?

If it is not an AS-IS sale, and you are using the NVAR regional sales contract, the seller is respo ... more
0 votes Share Flag Mon Oct 22, 2012 Home Buying in Sterling
Thomas Meric…, Real Estate Pro in Fairfax County, VA
Thomas Merical answered:
Trying to buy a house in NOVA. I've been told by several Realtors I can't buy a house because I want to use (and pre-qualified) a VA Loan.
How embarrasimg to be associated with incompetence. Not all Realtors® are created equal. Frankly, your VA loan maybe one of the smartest loans to use at this time. With a VA loan, ... more
0 votes Share Flag Fri Aug 3, 2012 Home Buying in Sterling
Vivianne Rut…, Real Estate Pro in Fairfax County, VA
Vivianne Rutkowski answered:
Would banks grant a 1 day extension to close a short sale? Loan is approved but closing date was last Friday. Thanks
We are all happy it worked out well for you :-)

Vivianne Rutkowski
0 votes Share Flag Tue May 3, 2011 Home Buying in 20164
Pacita C Dim…, Real Estate Pro in Alameda, CA
Pacita C Dimacali answered:
If the listing agent is not following up with regular updates and has no experience with short sales, is there any alternative other than walking away
Your realtor would have set expectations about short sales: there's nothing short about it except tempers.

And yes, it can and will take time to process. Furthermore, there are ... more
0 votes Share Flag Sun Apr 25, 2010 Foreclosure in Sterling
The Spear Re…, Real Estate Pro in 22066
The Spear Realty Group answered:
I am helping my mom (82 years old) to do her loan modification. The bank wants me to send a letter stating I want to set up a scrow account for Ins.
I am not an attorney nor a tax advisor nor a mortgage advisor. I am a Realtor licensed in the State of Virginia. I would definitely recommend you contact a reputable lender so that yo ... more
0 votes Share Flag Tue Feb 9, 2010 Foreclosure in 20164
Ji, Home Buyer in 20147
Ji answered:
Short Sale closing Date Looming
Thanks for the answer. We have put the request in. The close date would only be 1 week after the closing date. Hard to believe a bank wouldnt grant 1 week extension when its so close to ... more
0 votes Share Flag Sat Nov 21, 2009 Home Buying in 20164
Vicky Chrisn…, Real Estate Pro in 20132
Vicky Chrisner answered:
With $520k to $550 k avail for single family w/ brick front & main level library/study...Q: where to spend?
Colleen - we can't steer you to one community or another based on family related or school related things - that's entirely too personal and you need to assess them for yourself. The f ... more
0 votes Share Flag Tue Mar 10, 2009 Home Buying in Sterling
Danilo Bogda…, Real Estate Pro in Reston, VA
Danilo Bogdanovic answered:
House didn't sale in a short sale, is going to foreclo. Need a real estate lawyer in Loudoun Co. to advise me.
Call Highland Title in Ashburn and ask to speak with Michael McFarlane. He's a well-respected, experienced and knowledgeable real estate lawyer in the area. The number there is 703.723. ... more
0 votes Share Flag Thu Jul 17, 2008 Foreclosure in 20164
Jonathan Bunn, Real Estate Pro in Ashburn, VA
Jonathan Bunn answered:
Are you able to put an offer on a house even though you already have a offer on a different short sale?
Hi Holly

This is a great question that many ask. Because you have a ratified deal contingent upon the third party you are not free to place a contract on another property during th ... more
1 vote Share Flag Mon Jun 2, 2008 Home Buying in 20164
Monika Kumar…, Real Estate Pro in 22181
Monika Kumar & Realty Geeks answered:
I am looking at a TH in the Woodstone development, across from the elementary school. I've heard good and bad
Hi Dear, go to www.monikakumar.ismyreagent.com and click on community information to see if it anwers your Q. Being a Realtor, we are not allwed to comment on that.
0 votes Share Flag Mon Dec 10, 2007 Foreclosure in 20164
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