Home Buying in Warsaw : Real Estate Advice

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Amanda & Dan…, Real Estate Pro in Syracuse, IN
Amanda & Dan Harstine answered:
how much would flood insurance be on chapman lakefront 160x100 lot?
I would first suggest that an elevation survey be completed to establish the flood zone area. This may show that the structure in not in the flood plain and flood insurance would not b ... more
0 votes Share Flag Tue Dec 17, 2013 Home Buying in Warsaw
Carolyn Leit…, Real Estate Pro in Warsaw, IN
Carolyn Leiter answered:
I'm looking at a house on chapman lake and taxes are $2331. how much difference will mortgage exempt make?
With a Homestead, Supplemental Homestead (this property must be your primary residence) and Mortgage Exemption your taxes could drop by as much as one half of current taxes.
Your bes ... more
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Warsaw
Mark Skibows…, Real Estate Pro in Warsaw, IN
Mark Skibowski Team answered:
if a house listed price is $114.000 how low they would go to be able to sell faster.... $100.000-$105.000 may be?
The average list to sale price in Warsaw is 95%. So on average, a home priced at $114,000 would sell for around $108,300. But....there are many factors that go into determining what t ... more
0 votes Share Flag Sat Mar 23, 2013 Home Buying in Warsaw
The 2 Mortga…, Real Estate Pro in Kokomo, IN
The 2 Mortgage Guys answered:
do you have to have 20% down on your first home buy?
no you don't. depending on where your purchasing (Warsaw) area you might qualify for USDA financing. with a USDA (Rural Housing) Loan you can finance 100% with NO down payment. click ... more
0 votes Share Flag Thu Jan 24, 2013 Home Buying in Warsaw
Joe Shoemaker, Real Estate Pro in Indianapolis, IN
Joe Shoemaker answered:
Can a buyer back out of Purchasing after inspections, even if the sellers willing to make any or all repairs?
JW86:

Great question. The answer is - as it often turns out to be - "it depends."

I'd highly recommend talking to a real estate attorney whom you trust. There are s ... more
0 votes Share Flag Mon Sep 3, 2012 Home Buying in Warsaw
Mark Skibows…, Real Estate Pro in Warsaw, IN
Mark Skibowski Team answered:
Are there any incentives in Kosciusko County for first time homebuyers?
Hi Katie...none that I'm aware of! There is a program USDA~ Rural housing that is a 100% financing program~ however there are income limits to qualify. VA (Veterans Administration) fi ... more
1 vote Share Flag Fri Aug 31, 2012 Home Buying in 46580
Joe Shoemaker, Real Estate Pro in Indianapolis, IN
Joe Shoemaker answered:
i put a offer in on a house,the realater said that she wasent sure if my offer was enough and would have to call and find out? isent it a yes or no?
Plumracing:

Good question.

My initial question is this: when you say that the REALTOR® said that she wasn't sure if your offer was enough, are you referring to the agent w ... more
1 vote Share Flag Mon Apr 25, 2011 Home Buying in Warsaw
Mark Skibows…, Real Estate Pro in Warsaw, IN
Mark Skibowski Team answered:
Our credit is not perfect, but between be and my fiance we bring home 4,000 a month looking to do land contract if possible, any ideas where to start.
Seller financing such as land contracts or lease options are pretty hard to come by. Sellers need to own the house outright or in many cases they are violating the terms of their existi ... more
0 votes Share Flag Sat Mar 12, 2011 Home Buying in 46580
Mark Skibows…, Real Estate Pro in Warsaw, IN
Mark Skibowski Team answered:
I recently had an offer accepted on a home - close to asking price. I got the inspection report back and there are concerns. the concerns are:
Michelle... Erik's answer hits the nail on the head. The only addition I'd make is to discuss your concerns with your agent and the home inspector who completed the inspectio ... more
0 votes Share Flag Fri Jul 2, 2010 Home Buying in 46580
Mark Skibows…, Real Estate Pro in Warsaw, IN
Mark Skibowski Team answered:
We made a cash offer on a home in foreclouser, and it was accepted, with the statement on the paperwork of
Cathy~Typically the standard purchase agreement is superseded by an addendum provided by the property owner~the bank~ that clarifies and/or overrides the terms of any state/local real e ... more
0 votes Share Flag Tue Jan 27, 2009 Home Buying in Warsaw
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