Home Buying in Norwich : Advice

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Marge Stockb…, Home Buyer in New York, NY
Marge Stockbridge answered:
I am purchasing a mobile home in Norwich CT for $8,000 and was told I needed a buyer's attorney. What kind of costs am I looking at?
Heck, if your spending a relatively insignificant amount (unless $8K is downpayment?), surely u can come up with another $500 or so to be represented by attorney. The value of a real ... more
0 votes Share Flag Fri Jul 17, 2015 Home Buying in Norwich
Joseph Domino, Real Estate Pro in Scottsdale, AZ
Joseph Domino answered:
what if there is no listing agent and my agent gets involved Then I have to pay her a commission how much is it and is it flexible?
Commissions are negotiable by all parties. Real estate agents get paid by commission. If they do work for you, they are probably entitled to a commission. When you do work for someone ... more
0 votes Share Flag Sun Jun 28, 2015 Home Buying in 06360
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
I have 2 questions. 1. Verification of funds in advance of cash offer with 2% deposit. 2. Is legal representation required, by law at cash sale?
First of all, yes there will be legal documents. The contract to purchase is a legal document which speaks to the earnest money and what price will be paid. Also the deed must be record ... more
0 votes Share Flag Sat Nov 22, 2014 Home Buying in 06360
Km133688, Home Buyer in Norwich, CT
Km133688 answered:
Getting out of a contract
You can look at as many houses as you want. There is no illegality to it. You must have misinterpreted what your agent told you. Your agent is likely not interested in showing you ot ... more
0 votes Share Flag Fri Nov 7, 2014 Home Buying in Norwich
Tiffany Holtz, Real Estate Pro in Appleton, WI
Tiffany Holtz answered:
Buying a house,negotiation...
In WI it is not only unethical but against state law to tell a buyer that their other offers on the property when there are not.

They can say:

a. we have written activity
b. we ... more
0 votes Share Flag Tue Jun 24, 2014 Home Buying in 06360
Tiffany Holtz, Real Estate Pro in Appleton, WI
Tiffany Holtz answered:
I need advice please!
A.) You could lose out if you start to low b/c another buyer could start higher
B.) You could insult them and have them straight out reject your offer
C.) The seller could counter bac ... more
0 votes Share Flag Tue Jun 24, 2014 Home Buying in 06360
Aaron-James…, Real Estate Pro in Killingly, CT
Aaron-James Puzzo Kerouac answered:
FHA loan program
Look Casanova,

What you want to do is get hookuped up with a 203k specialist asap. I love working with FHA 203k candidates because its really a great way to have instant equity in y ... more
0 votes Share Flag Tue May 13, 2014 Home Buying in 06360
Mark Sanner, Real Estate Pro in Braintree, MA
Mark Sanner answered:
norwich fha approved condos
You should be aware that FHA now requires condo associations to be recertified EVERY TWO YEARS. Ask the property manager and/or association board of directors if they intend on keeping ... more
0 votes Share Flag Sun Mar 31, 2013 Home Buying in Norwich
allan erps,A…, Real Estate Pro in Pearl River, NY
allan erps,ABR,SFR answered:
In the case of relocating to a new area, with a new job, how does one qualify for a mortgage? Does one's PREVIOUS JOB income count?
If the new job is in the same field with higher income, it may be fine with the lender.
0 votes Share Flag Thu Jan 17, 2013 Home Buying in Norwich
J.M.Halcrow, Home Owner in Norwich, CT
J.M.Halcrow answered:
Closing cost
Well, the attorney's fees is about $700, the title insurance $1,000, search $250, recording fees at town hall $150.
Aprox. that we experienced at Cicchiello and Cicchiello(lawyers offi ... more
0 votes Share Flag Sat Sep 1, 2012 Home Buying in 06360
Don Fabrizio…, Real Estate Pro in Danbury, CT
Don Fabrizio-Garcia answered:
Can you buy a foreclosure property if you're going through CHFA financiing?
The person to ask is your mortgage broker who is handling the CHFA financing for you.
They will be able to inform you of any limitations, particularly if there are any limitations as t ... more
0 votes Share Flag Thu Jul 2, 2009 Home Buying in Norwich
Don Fabrizio…, Real Estate Pro in Danbury, CT
Don Fabrizio-Garcia answered:
HELP! Does anybody know if you're going through CHFA can you purchase a foreclosure property???
The person to ask is your mortgage broker who is handling the CHFA financing for you.
They will be able to inform you of any limitations, particularly if there are any limitations as t ... more
0 votes Share Flag Thu Jul 2, 2009 Home Buying in Norwich
Dan Ross, Real Estate Pro in Southington, CT
Dan Ross answered:
HELP ME NEGOTIATE.
Maria,
You will NOT lose your earnest money. You have a legal right to back out of this deal, and the deposit will be refunded. Ask your mortgage broker if the appraisal has been don ... more
1 vote Share Flag Mon May 11, 2009 Home Buying in 06360
 J, Real Estate Pro in Greensboro, NC
J answered:
Seeking advice, suggestion in buying a house.
The best advice I can give is PLEASE, PLEASE stay within your housing budget ($200,000 or less) first and foremost. If you are going to incorporate your closing cost which can be aroun ... more
0 votes Share Flag Thu Nov 13, 2008 Home Buying in 06360
Dan Ross, Real Estate Pro in Southington, CT
Dan Ross answered:
does anyone know if one woodmensee sold in norwich ct.?? i don't see it listed
Hope,
A pre-foreclosure, by itself, doesn't need a bank to answer or accept anything. If the loan will be paid in full, there is nothing for them to decide. If it is also a short sal ... more
0 votes Share Flag Mon Oct 13, 2008 Home Buying in Norwich
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