Home Buying in Wareham : Advice

change location

cancel or

Activity

19
Ruth & P…, Real Estate Pro in 95030
Ruth & Perry Mistry answered:
Are listings required to list if property is in a FEMA flood zone?
Yes

but they can be entered incorrectly

always ask for a Natural Hazards Report from the seller.
0 votes Share Flag Thu Jul 16, 2015 Home Buying in Wareham
jvalenti, Both Buyer and Seller in Queens, NY
jvalenti answered:
how much do you have to make annually to qualify for a 150k mortgage?
Interesting responses here. Go John Burke~ To calculate your ability to get a mortgage, here's some tips.. the mortgage can be no more than 26% of your monthly income. the total mortgag ... more
0 votes Share Flag Sun Aug 3, 2014 Home Buying in Wareham
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
My mom lives in a house I own. I pay the mortgage, taxes, insurances and about half the utilities most the time. Can I claim a rental loss?
It may depend if you live their too or if it is a rental property in which your mom just happens to rent.n You may want to ask your cpa to review the rules on rental properties to see i ... more
0 votes Share Flag Fri Feb 7, 2014 Home Buying in Wareham
Anthony Piem…, Real Estate Pro in West Roxbury, Boston,...
Anthony Piemonte answered:
What does my credit score have to be to participate in the agricultural mortgage program?
Great question...Wish I could answer it for you. The best answer would come from a lender. Are you working with one? If not a have a couple that I could recommend. Contact me if interes ... more
0 votes Share Flag Mon Dec 2, 2013 Home Buying in 02571
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
I just read that as of March 2013 Bourne and Wareham are no longer eligible for USDA loans. Is this true? Say it isn't so !!!!
I would contact a local lending professional for help with this answer.

I know this guy can be helpful.
He is up to date on USDA loans: rtranchell@totalmortgage.com
Bob Tranchell ... more
1 vote Share Flag Mon Dec 2, 2013 Home Buying in Wareham
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
I need help! I just got mail today of a copy Of our homestead act and a copy of "quitclaim deed" with a big cancelled stamp on it!! What?
Hi B.

First this appears to be a legal question so I would direct you to an attorney.

However, in MA, there are tax stamps that are printed on a deed and then they have the word c ... more
0 votes Share Flag Sat Nov 2, 2013 Home Buying in Wareham
Kevin Vitali, Real Estate Pro in 01876
Kevin Vitali answered:
How can I get out of a join loan?
The other person will have to refinance soly in their name. It is the only way it can be done. Hopefully they can qualify on their own.
0 votes Share Flag Tue Apr 9, 2013 Home Buying in Wareham
Moy Lopez, Real Estate Pro in Norwell, MA
Moy Lopez answered:
What company should I go with for a three season home, loan?
Just a few months late but here is one possible answer. Why not winterize it and put in heat with a FNMA HomeStyles loan for second homes. You can finance the purchase price plus the r ... more
0 votes Share Flag Thu Nov 15, 2012 Home Buying in Wareham
Moy Lopez, Real Estate Pro in Norwell, MA
Moy Lopez answered:
I am interested in purchasing a second weekend home in Wareham, how much of a down payment is required on a
Ana, Corey's answer is correct. Second homes only require 10% down if your credti scores meet the guideline requirements. Our FNMA Homestyle loan program will also allow you to finance ... more
0 votes Share Flag Tue Sep 4, 2012 Home Buying in Wareham
Haneroad, Home Buyer in Centerville, MA
Haneroad answered:
if we purchase a second home and my mom lives in it, while we live in another state, and she pays part of the expenses, is that considered rental
Eventually we will be in that same position. Great question.
0 votes Share Flag Tue Aug 28, 2012 Home Buying in Wareham
MaryBeth Mul…, Real Estate Pro in 02184
MaryBeth Muldowney answered:
Is this property in a 55 and up community?
Good Morning Martha, If you are looking for information on over 55 communities in Massachusetts I would be most happy to assist you. There are a number of opportunities on the South S ... more
0 votes Share Flag Sat May 5, 2012 Home Buying in Wareham
Philzao, Home Buyer in East Wareham, MA
Philzao answered:
is wareham a good place for seniors to live?
Well Linda, I am not a self serving broker. I am a senior and looking to buy a home in Wareham b/c family is close by. I can tell you this much. The town board of Assessors are a bu ... more
0 votes Share Flag Wed Apr 18, 2012 Foreclosure in Wareham
Heath Coker, Real Estate Pro in Falmouth, MA
Heath Coker answered:
will someone email me re this property?
You have found one problem with sites that are not owned and run by real estate professionals - the information is there to entice you to post your email and other contact info. I' ... more
0 votes Share Flag Mon Feb 13, 2012 Home Buying in Wareham
Jobass24us, Home Seller in Ware, MA
Jobass24us answered:
when my house has been foreclosed on what happens to the second mortgage?
Im not an attorney but Im in this situation right now. I spoke with an attorney and yes in this state the 2nd lender can come after you for the amount owed. However, that is if you have ... more
0 votes Share Flag Wed Sep 7, 2011 Foreclosure in 02571
Beverly Gora…, Real Estate Pro in Plymouth, MA
Beverly Goranson answered:
I am renting and wondering if the property is in default?
Sounds like you could be right. If the proerty is going into foreclosure there will be notices posted in the local paper. Does your real estate agent know? If you are currently a ten ... more
0 votes Share Flag Thu May 19, 2011 Foreclosure in Wareham
Joe Arnao, Real Estate Pro in Sandwich, MA
Joe Arnao answered:
In Wareham, ma, is it possible to buy a forclosed property, with cash, and take possession quickly? Or does it take long?
As stated by others, yes. Make sure you do your due dilligence before going firm with the P&S. Many bank owned deals end up with problems if they buyer is not careful. Investigate i ... more
0 votes Share Flag Wed Apr 13, 2011 Foreclosure in Wareham
Joe Arnao, Real Estate Pro in Sandwich, MA
Joe Arnao answered:
i have 1st and 2nd mortgage on 2nd home, what happens to 2nd mortage if i allow home to go into foreclosure?
Bonnie,
Stephen is right, Try a short sale and try to avoid some of the long term damage a foreclosure can have on your credit. There are investors that many of us Realtors know, that ... more
0 votes Share Flag Mon Dec 20, 2010 Foreclosure in Wareham
Lori Lincoln, Real Estate Pro in Taunton, MA
Lori Lincoln answered:
What are the ramifications of foreclosure of your 2nd home in Massachusetts?
Hi Kay,

Your credit will be dramatically affected if you get to foreclosure. The foreclosure will stay on your credit report for at least 10 years. With a short sale, the credit rep ... more
0 votes Share Flag Mon Jul 13, 2009 Foreclosure in 02571
Search Advice

Followers

259
Email me when…

Learn more

Meet the Trulia VIPs
Century Twenty One S..., Broker in Dartmouth
Century Twenty One S...
Broker
Dartmouth
Debra Cahill, Broker in Bridgewater, MA
Debra Cahill
Broker
Bridgewater, MA
Sarah Goulart Nathe, Agent in Bourne
Sarah Goulart Nathe
Agent
Bourne
Julie Johnson, Agent in Wareham
Julie Johnson
Agent
Wareham
Home > Massachusetts > Plymouth County > Wareham > Home Buying in Wareham
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer