Forty years is a pretty long time for a furnace to be running. It wouldn't hurt to see if they were willing to replace it before you purchase the home. If they decide not to then you could always look into having it replaced yourself. http://mitchellplumbing.com/heating-cooling/furnaces/... more
That's not a total scam. That's how Trulia offers a "free estimate"... they give your name to several real estate agents (whom they charge for the opportunity to talk to you), and those agent will give you a free estimate on the value of your home (we call those CMA's... Comparative Market Analyses)...
There should be no charge, and you want to get a consensus from several agents.
Trulia still offers a good site for those searching for homes... but they don't allow individuals to list their homes here on Trulia. They only accept listings from agent-represented-properties.... more
Yes Doctor/Physician loans are still available! My name is Matt Albert (NMLS# 658999) and I am a Doctor/Physician Loan Specialist with RBS Citizens/Charter One Home Loans. I have been specifically working with physicians for over 12 years. We cover licensed medical physicians, residents, interns and fellows, which include MDs, DOs, along with DMDs and DDS. We provide financing of 95% up to $850,000, 89% to $1 million AND 89% to $1 million for a one time close construction Doctor Loan, all with NO PMI! We offer our Doctor Program in the following states:
Connecticut, Delaware, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, North Carolina, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Virginia, Vermont, Washington DC, West Virginia. *Additional States are possible on an exception basis, exceptions also possible in regards to loan amounts on a case by base basis*
If I can be of any assistance please feel free to contact me regarding details of the program as we are NOT allowed to share guidelines of the program in online forums. You may do a search of my name and Doctor loan and easily find my contact information or see my profile. Good luck!... more
The normal practice is to have a real estate attorney come into the picture is when there is a signed contract between buyer and seller. At that point, the contracts are sent to both attorneys and Attorney Review begins.... more
Hi Ella, It does depend upon your price range. For instance I have a 5 bedroom, 3 full bath Bi Level home on Dodd Street in Verona, with a large addition. This home has an In Law suite on the ground level with 2 bedrooms, 1 full bath, a family room, office, laundry room and two walk outs, a large yard and deck, currently listed for $599k. All three of these towns are wonderful communities to live in, with higher rated school systems, and are priced higher then some of the other surrounding towns because of their location and school ratings as mentioned. Please fee to contact me for any additional questions or concerns I can answer for you. Always happy to help.... more
I've helped many clients and contractors during there renovation projects and can say that it's very hard to pinpoint. I would recommend receiving 3 detailed bids for the project which outline the costs. It helps that you're not involving bathrooms as they usually eat up the budget quickly.
I'm unsure if you're intending to pay for the addition / extension out of pocket, but you should be aware that there are a few renovation loan programs worth at least considering. It allows you to wrap all costs into your mortgage and generally has minor affect on monthly payment; especially since it lets you keep cash in the bank and readily accessible.
If you'd like to weigh-out your options and see exactly what the project would cost from a monthly perspective I'd be happy to help; it's all about knowing your options. I may be reached directly via phone or email, whichever is easiest.
Direct: (201) 957-6768
Licensed by The New Jersey Department of Banking
Member of NAMB - The Association of Mortgage Professionals
Member of New Jersey Real Estate Investors Association... more
The lifetime gift exemption changes each year(5,250,000 for 2013). Your parents can give you the 100K and they still will not pay taxes on it. Form 709( gift tax return has to be filed) in order to comply with the IRS regulations.
Would be pleased to help you with financing. Your best bet would likely be a mortgage broker. I can recommend several to you who can help you get the best rate. You need a preapproval before looking for a home. That is the first step. Please contact me at (732) 642-4550 or by e-mail at firstname.lastname@example.org.... more
Conforming loan limits do vary for every county in the state. Essex County happens to be $625k. Any and all questions that you have regarding financing and loans are best forwarded to mortgage brokers. A guy I would highly recommend having a conversation with is Shane Force of Atlantic Home Loans. One of the few mortgage brokers who will not constantly hound you if you call him. 973-219-4195... more