Financing in Fayetteville : Advice

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Andy Matejka, Real Estate Pro in Greensboro, NC
Andy Matejka answered:
Using rental income for HEL
I am not a tax expert so I don't claim to know the tax law on writing off or depreciating your assets/expenses and/or depleting them so by all means consult your tax advisor regarding t ... more
0 votes Share Flag Sat Feb 16, 2013 Financing in Fayetteville
The Jumper R…, Real Estate Pro in Fayetteville, NC
The Jumper Real Estate Team answered:
VA Home Loan... no so good credit
Hi Kevin: There are lenders who can help you determine how you can correct any problems to get your credit where it needs to be. We'd be glad to refer you to some of our preferred len ... more
0 votes Share Flag Mon Aug 6, 2012 Financing in Fayetteville
Darrell D. D…, Real Estate Pro in San Antonio, TX
Darrell D. Drouillard answered:
Im currently in Afghanistan working as a contractor, is there anyway I can buy my 1st property -condo as a invesment?
SSG Avera -

I'm not in Fayetville any more (spent 2 years at Ft. Bragg in the 90's) so I'm not answering this question for your business, but as informational. I'm an army veteran, ... more
0 votes Share Flag Wed Jul 11, 2012 Financing in Fayetteville
Scott Hulen, Real Estate Pro in 64068
Scott Hulen answered:
i would like to build a house for parade of homes in fayetteville,nc if i purchase the lot is there any banks that would finance the cost to build.
In our area of the country you have to have skin in the game! The banks don’t care about sweat equity, the great deal you got on the lot; they say “SHOW ME THE MONEY†... more
0 votes Share Flag Thu Apr 19, 2012 Financing in Fayetteville
Kevin & Shawn…, Real Estate Pro in Fayetteville, NC
Kevin & Shawn Grullon answered:
What should I be prepared to pay upfront when using a VA loan?
When placing an offer, it is very common to pay earnest and due diligence money. This fee is negotiable and if you get the seller to pay all of your closing cost, this money will retur ... more
0 votes Share Flag Thu Apr 19, 2012 Financing in Fayetteville
Pat and Steve…, Real Estate Pro in Westlake, OH
Pat and Steve Pribisko answered:
Hi, My friend lives in Maryland and is trying to buy a house in NC, She found a place and everything is in place, however, the lender now wants proof
I suggest that your friend should find a job in NC before she moves to NC or do a short term lease, to overcome the lender's objections.
0 votes Share Flag Mon Apr 16, 2012 Financing in Fayetteville
Lisa Geddie, Real Estate Pro in Fayetteville, NC
Lisa Geddie answered:
what is owner financing?
The seller is basically the bank and the buyer and seller will agree upon sales price, interest rate and terms of mortgage such as pay back period. This is sometimes beneficial for the ... more
0 votes Share Flag Mon Apr 16, 2012 Financing in Fayetteville
Sueann Nelson, Real Estate Pro in Hope Mills, NC
Sueann Nelson answered:
Anyone ever close a home purchase using NCHFA down payment assistance programs in 2012?
I had a buyer about 2 years ago use the down payment program. We were unable to close until after 2 weeks after the closing date because the the check for the down payment had not arriv ... more
0 votes Share Flag Tue Mar 27, 2012 Financing in Fayetteville
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