Home Buying in Vernon : Advice

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TerriVellios…, Real Estate Pro in Campbell, CA
TerriVellios.Com answered:
Can I buy a house with my credit and my boyfriend and I's combined income?
It's all going to depend on your entire financial picture and history. A lender will look at your options and explain what programs are available to you.

It only cost you a little t ... more
0 votes Share Flag Mon Sep 15, 2014 Home Buying in Vernon
Daniel Mirea, Real Estate Pro in 60641
Daniel Mirea answered:
Why are there different HOV prices in the same condo complex?
Some condos are bigger than others even if are in the same complex , some have a garage, other have better views /storage . IF is a high-rise the higher level the more expensive ! Good ... more
0 votes Share Flag Sat Nov 16, 2013 Home Buying in Vernon
Sarah Ashton, Real Estate Pro in Farmington, CT
Sarah Ashton answered:
2 condos for sale in my building - a foreclosure and one asking $20,000 less than I owe - will this negatively impact the value of my condo?
It will affect you in the short term but keep in mind that in 6 months time the comps used for your condo will change. If you are planning to stay for a while, these sales should not ... more
0 votes Share Flag Mon Jul 23, 2012 Home Buying in Vernon
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
2 condos for sale in my building - a foreclosure and one asking $20,000 less that I owe - will this negatively impact the value of my condo?
Yes. What you owe is not reflective of the value. The value is what the market indicates based on competition. You have 2 competitors in your building that are setting the m ... more
0 votes Share Flag Wed Jul 18, 2012 Home Buying in Vernon
Anne Miller, Real Estate Pro in Manchester, CT
Anne Miller answered:
who pays the closing costs?
The seller can pay for closing costs if your type of mortgage would allow it.
Check with your mortgage officer...If you do not have one, I can recommend
a couple of very good ones wit ... more
0 votes Share Flag Sun Mar 11, 2012 Home Buying in 06066
Gerard Dunn, Real Estate Pro in Potomac, MD
Gerard Dunn answered:
interest rate for a fha 30 year fixed mortgage
Look at between 4-4.5% on fixed rate. Just an origination fee = 1% of the loan amount to the bank

Good Luck!

Gerry Dunn
Associate Broker
Serving Maryland, D.C. and Northern Vi ... more
0 votes Share Flag Mon Dec 6, 2010 Home Buying in 06066
Dan Cummings, Real Estate Pro in Branford, CT
Dan Cummings answered:
We plan to sign a contract to buy and live in a condo that has tenants but are not sure the tenants plan to move even though given notice.
You do need to protect yourself with a contingency in the event the tenant does not vacate the property and if you are going for an owner-occupied mortgage they may not allow the closin ... more
0 votes Share Flag Mon Aug 23, 2010 Home Buying in Vernon
Joe Arnao, Real Estate Pro in Sandwich, MA
Joe Arnao answered:
I am trying to buy a short sale from WF. We know they have done their appraisal and we signed a short sale rider 3 weeks ago. Will it be done soon?
The word "speed" is not part of a short sale lingo. "Patience" is more like it. The best you can do is to continue to contact the bank through your attorney or mitig ... more
0 votes Share Flag Thu Aug 12, 2010 Home Buying in Vernon
Steve Geryk, Real Estate Pro in Stafford Springs, CT
Steve Geryk answered:
Looking for someone in the area that can help with the VA Loan process. Possible interest in multi-family listings in Tolland/ Hartford County, CT.
Hi Veteran'10,

My name is Steve Geryk And I am a Mortgage Loan Officer . I have been doing VA mortgages for almost 20 years. I am located in Stafford Springs and could easily ... more
2 votes Share Flag Sun Feb 14, 2010 Home Buying in 06066
Anne Astley,…, Real Estate Pro in Old Lyme, CT
Anne Astley, GRI answered:
Do I need to have a down payment to purchase a house?
Hi Wija

Find yourself a great mortgage advisor and ask about FHA and USDA loans - surprisingly most of Connecticut qualifies for USDA financing.

You will need to get pre-approve ... more
0 votes Share Flag Sat Oct 24, 2009 Home Buying in 06066
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