I would be happy to help you. :)
The first thing you should do is employ a Fantastic Agent to help you in your search. They will be qualified to guide you to the right neighborhoods that fit your needs and y ... more
There are other things to consider such as where you work (commute) and what kind of home you want to live in. Feel free to contact me directly and we can explore a couple ... more
Just because you owe $XXX,XXX does not mean that you will get it.
Nationally, houses sell for m ... more
This is a question that is best answered by a lender. There are many variables that would need to be addressed by the lender.
This link will give you the contact information on l ... more
The closing costs alone will be approximatly $50,000 + when a Bank sees that you are reying on rental income to pay the mortgage they want to see more equity in the ... more
Home-listing prices were up 5.1% nationa ... more
Have them do a CMA to determine Market Value and price it below that.
If you have positive equi ... more
If the house is a pre-foreclosure but not a short sale then the owners might be willing to sell since they have equity (you state not a short sale). If it's a pre-fo ... more
Five to 10 years is the average time one typically owns a home before moving again. Typically, your selling expenses will be small enough that you can still show a prof ... more
Ask your lender if you can do pre-paid MI. This is more cash up front, which you may not have, but it is a one time fee that you never have to worry about getting rid of. De ... more
I would start in probably May or June to get preapproved and looking to buy, that way you can prepare to move out of the place that you are renting and give a notice to y ... more