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Faye Ausmus, Real Estate Pro in Pearland, TX
Faye Ausmus answered:
Is there a reason for houses being so affordable in Houston area?
Houston has always been more competitive in the housing, and you have generally been able to buy more house for your money than most places in the United State. There is a very large w ... more
0 votes Share Flag Mon Dec 3, 2012 Home Buying in Pearland
Tasha Trice, Real Estate Pro in New York, NY
Tasha Trice answered:
Co-ops Vs Condos
Hi Noam,

Typically co-ops are cheaper than condos because when you purchase a co-op you are purchasing shares in a co-operative there by you are an owner of a portion of the unit ve ... more
0 votes Share Flag Sat Oct 5, 2013 Home Buying in New York
Monica Guza…, Real Estate Pro in Yale, MI
Monica Guza text me 810.488.1524 answered:
how do i start to find out how to purchase a forclosed home or banked own home where do i start?
1st - Be prepared to show that you have the money, in a financial institution, to pay cash and/or the amount required for closing costs.
2nd - If you need assistance to purchase, in ... more
0 votes Share Flag Thu Nov 29, 2012 In My Neighborhood in 48003
Iris I. Rome…, Real Estate Pro in Miami, FL
Iris I. Romero answered:
I am trying to get myself involved with the bank any advice on what to do to be approved?
Hello buyer, you are in the right track. You need to get approved by a lender in order to provide approval letter once you find a property to purchase. I can recommend below:

Lucy R ... more
0 votes Share Flag Sat Jun 15, 2013 Home Buying in 33174
michael beni…, Real Estate Pro in bradenton, FL
michael beninato answered:
Do certain real estate agents have an inside track to Short Sales and/or bank foreclosures?
Short sales right now are the best deals but they are very difficult and can take a long time, sometimes they do not get approved as well so it can be a lot of work with no return. But ... more
0 votes Share Flag Sun Nov 25, 2012 Home Buying in Sarasota
Michael Cheng, Real Estate Pro in San Jose, CA
Michael Cheng answered:
if you are going to forclose, do banks require you to list your home for sale?
If you are going to foreclose on a property, then you would be letting your trustee handle the sale.
0 votes Share Flag Tue Nov 20, 2012 Foreclosure in San Antonio
Jim Rooks, Real Estate Pro in Dallas, TX
Jim Rooks answered:
When would be a good time to start the Mortgage/Realtor/house haunting process if one is looking to buy a home by February 2013.?
Personally I wouldn't want a haunted house, but if I were wanting to close in February I'd start the loan approval process now followed closely behind by the house hunting process with ... more
0 votes Share Flag Sun Sep 29, 2013 Home Buying in Dallas
Gilbert Wash…,  in Katy, TX
Gilbert Washington Jr answered:
are there any foreclosure houses in grand lakes or seven meadows? where to find out details? thanks!
I'll be happy to help you. Please contact me online, or call me at 832-623-0447
0 votes Share Flag Thu Nov 15, 2012 Foreclosure in Katy
Paul Silverm…, Real Estate Pro in Houston, TX
Paul Silverman answered:
Are there any advantages to buying a home cash?
It is always better to pay cash. There are so many fees you will save by doing this, less speedbumps that you could hit and a much easier closing. Let me know if I can help you in your ... more
0 votes Share Flag Sun Nov 18, 2012 Home Buying in Houston
LaTonya Mart…, Real Estate Pro in Nashville, TN
LaTonya Martin answered:
Can you earn equity from purchasing a foreclosed home?
Absolutely, you can earn equity from purchasing a foreclosed home. I work with several investors & first time home buyers, who have gotten some great deals in the last view months and ... more
0 votes Share Flag Sun Nov 11, 2012 Foreclosure in Nashville
Michael Harr…, Real Estate Pro in Coronado, CA
Michael Harris answered:
Is the East Lake/ Otay Ranch Inventory drying up?
The inventory in The Eastlake/Otay Ranch area is not drying up. Trulia is not as up-to-date or real-time as it should be. There are homes that come on the market in those two neighborho ... more
0 votes Share Flag Mon Nov 12, 2012 Home Buying in Chula Vista
Brian Pfeffer, Real Estate Pro in Colorado Springs, CO
Brian Pfeffer answered:
Is the property located at 3314 w fontanero st colorado springs a short sale or a forclosure?
Based on the information provided in the listing, it does not appear to be either but I have a call in to verify. Please contact me if you would like to see it.
0 votes Share Flag Sat Nov 3, 2012 Home Selling in Southeast Colorado Springs
Suzanne Hami…, Real Estate Pro in Orland Park, IL
Suzanne Hamilton answered:
We live in Illinois. The mortgage company approved the short sale but with a deficiency waiver if we pay $25,000. The 1st and 2nd loan are under my
You need to get an attorney who deals in short sales and foreclosures to help you and ensure you are protected. I have never heard of a bank asking for money, but that doesn't mean it d ... more
0 votes Share Flag Thu Nov 8, 2012 Foreclosure in Illinois
Wolverine, Home Buyer in Troy, MI
Wolverine answered:
Home prices panic??!! Need advice please!!
(Continued form original post as it will not let me post any more)

But I refuse to let the evil wrath and scumbagishness of rising prices (probably won't happen that much in 9.5 shor ... more
0 votes Share Flag Sat Mar 9, 2013 Home Buying in Waterford
Brian LeBars, Real Estate Pro in Pleasanton, CA
Brian LeBars answered:
Jumbo (portfolio) loan with 20% down, 2 years after short sale
Hi William...

We currently have a lender that if the file recieves a desk top approval they can do the loan. That is an IF though. If you have further questions feel free to let me k ... more
0 votes Share Flag Thu Nov 19, 2015 Financing in 94501
Sonny Shriva…, Real Estate Pro in Surprise, AZ
Sonny Shrivastava answered:
Looking to purchase home but all of the "Great" deals seem to be snatched up the moment (sometimes within only a few minutes) of them being listed.
nf314, unfortunately the types of deals you are referring to are few and far between in today's market. Two years ago was the time to pick up these kinds of deals, they were everywhere. ... more
0 votes Share Flag Thu Nov 29, 2012 Home Buying in Phoenix
Terry McCarl…, Real Estate Pro in Cape Coral, FL
Terry McCarley answered:
Is a 5% down condo mortgage a reality in today's market? It will be our primary residence. Tku in advance for your answer.
FHA loan but condos are difficult to finance in the current market.
0 votes Share Flag Tue Jun 4, 2013 Home Buying in 33900
inna ivchenko, Real Estate Pro in Calabasas, CA
inna ivchenko answered:
Short Sale - how short is short?
I've never heard of a 'formula' for a bank. If someone knows the answer, i'd like to know that as well:)

Each lender has its own short sale procedure and policies.
One bank may for ... more
0 votes Share Flag Sun Oct 14, 2012 Home Buying in Marin County
Rocky Dole, Real Estate Pro in Maricopa, AZ
Rocky Dole answered:
How hard will it be for me to rent since Im facing forclosure?
Many people who have gone through foreclosure are currently renting. Most of the rentals out there will not disqualify you just because you went through a foreclosure. They will look ... more
0 votes Share Flag Tue Dec 4, 2012 Rental Basics in Phoenix
Rhonda Brink…, Real Estate Pro in Las Vegas, NV
Rhonda Brinkerhoff answered:
Las Vegas-- I bought house when single then got married. losing house .. can husband that was not on title buy a house right now>?
It depends on his credit, debt ratio and job situation. I work with a very good lender, actually have a few good ones. I would love to help you , I'm actually working on one that is t ... more
0 votes Share Flag Tue Nov 6, 2012 General Area in Las Vegas
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