Unless there is some product I'm not familiar with, "mortgage insurance" is something you only buy if you have less than 20% equity in your home. It's a policy to cover the lender's loss if you default on your loan not to pay off your mortgage. A quick google search revealed nothing that would indicate you can buy insurance just to pay off your house if one of you passes.
Why wouldn't you just pay off your mortgage from your existing life insurance proceeds? That sort of thing is one of the purposes of regular ole life insurance. I think specific pay-off insurance (like what credit cards sell you) is a major rip-off compared to a good life insurance policy.... more
The VA loan is without a doubt the best home financing program available - 100% financing, no monthly PMI, and they allow the home seller to pay buyers closing costs. Reach out to us below if we can assist you with any questions.
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VA Mortgage Hub
Florida's VA Home Financing - 7 days a week
Call Ph: 904-385-3988
Web: www.VaMortgageHub.com... more
Engage a qualified Realtor who specializes in evaluation and acquisition of profitable investment properties. If you are looking for someone who services PBC or Broward, contact me and I can refer you to some of the best Coldwell Banker has in the area: firstname.lastname@example.org... more
As a Realtor I always recommend to my buyers that they speak with several qualified Inspection firms in the area and discuss the criteria for the inspection and all points covered; if they sub-contract out inspections including roof and termite and then speak to those inspectors too. You should always be present for the inspection, stay with the inspector, ask what he is looking at and for, how this affects you; sellers should be there too, in my own opinion, to hear what's being said in person.
Regardless, you engaged the firm for their services and therefore you must pay. Alternatively, if you feel you didn't get the service for which you paid, you can take them to small claims, or speak with the Better Business Bureau.... more
Hello JoAnne, obviously you have been inundated with agents reaching out to you offering their services. I'd actually like to speak with you by phone to introduce myself and learn more about you and what you are looking to purchase. I live in Tamarac and know my neighborhood-and surrounding areas-well, including available properties that are within both 55+ and non-55+ communities, whether single family homes or condos/townhomes. If you'd like to speak with a personable Agent who is knowledgeable, yet down-to-earth and easy to worth with, please feel free to call me: 954-675-3553. I look forward to hearing from you, Elana... more
There is no "standard" rate. As a matter of fact, to say anything that even sounds like a "standard," "normal," "going-rate" is an FTC violation. It implies that all of the real estate broker's have set the rate and that is highly illegal.
With that said...
You're buying a service... what level of service you bargain for and the price it comes at is between you and your agent. Interview a few, compare services, rates and track record.
Ron Krauch - SRS
Emerald Estates Realty, Inc.
Palos Heights, IL 60463... more
In my own opinion I would go on what your bank is saying since they are the ones who are financing your mortgage. Unless your Realtor is a licensed mortgage broker then they should not be saying anything of the sort and should be directing you toward your lender. Your lender would know better than anyone what you qualify for.... more
Your realtor should have amended the contract to extend the period until an agreement is made. The problem is some realtors write up contracts and don't word things properly which put's the buyer at risk. Everything has to be in writing and should be explained in detail. If you can't read the contract and understand what happens or it isn't clear about the deposit while negotiating repairs it's a problem. Contracts need to be very clear where everyone knows what it means. I wouldn't spend money on an attorney for 1k deposit but you can certainly go to small claims court but again if the contract doesn't address an extension until an agreement is made both sides will argue it. I would ask your agent but he or she will probably tell you to speak to an attorney. If they are not aware of how to amend an offer and cover you during the inspection time while trying to negotiate for repairs they don't know how to do their job.... more
We do not charge to list the property, that service is free. The fee is paid once we find a tenant and a lease is signed. At that time, an amount equal to 3 months rent is collected from the tenant for first month, last month and a security deposit. One month is retained for our commission fee for marketing, staging the property, showing the property to prospects, tenant screening, background and credit checks, lease negotiations, preparing the lease, collecting the initial funds as well as disbursing.
We also handle property management if you are interested. Feel free to contact me for details.... more
I've seen a couple of your questions on here and just answered the one about the Fannie Mae property. Are you familiar with renovation financing? The home closes "as-is" and you borrow money into the cost of the loan to make needed or cosmetic repairs. There are not a lot of buyers that are familiar with FHA 203K Renovation or Fannie Mae HomePath Renovation. I would be happy to discuss if you would like to learn more!
"Practically identical" is not identical. While there may be of same square footage and floor plan a unit's floor number, location within a building, view, condition all contribute to varying sales prices. Market trends will also come into important play when valuing and appraising units and that holds for REALTORS as well as licensed appraisers. And, we are definitely experiencing rising real estate prices. Maybe the seller will lower the price or maybe the seller won't and, of course, it depends on the terms of your contract.... more
I currently live in Sands Point, No they do not allow dogs. Although I so see people with cats in their window. They will allow a service dog with all the RIGHT paperwork. I currently have a service dog.
Not easy. Even when they say no pets. Condo associations still give the disable a hard time about service dogs.... more