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Adam Elkassar,  in Arlington, VA
Adam Elkassar answered:
Need advice - upside down!
Sorry to hear the circumstances your currently in. Like most of others that purchased home in late 2007 until 2009 market didn't help much to be able to resell when needed, No need for ... more
0 votes Share Flag Mon Mar 18, 2013 Foreclosure in Georgia
Patti Adams, Real Estate Pro in San Diego, CA
Patti Adams answered:
Is it a bad idea to buy a second unit in a condo we currently live in?
I think the biggest thing to look out for is keep the owner occupancy ratio of the entire complex above 70%. Lenders like it to be that high. If you go below that, then it is harder f ... more
0 votes Share Flag Tue Mar 19, 2013 Home Buying in 92109
Bianca Benne…, Real Estate Pro in Glendale, AZ
Bianca Bennett answered:
Is this a great time to buy?
Three reasons why buying is the greatest opportunity for you today:

1. Interest Rates

There is never been a cheaper time to buy a property using banks money than today, which mean ... more
0 votes Share Flag Mon Mar 18, 2013 Home Buying in North Gateway
michael beni…, Real Estate Pro in bradenton, FL
michael beninato answered:
Looking for good Mortgage rates with little down 10%?I am military and want to buy a home to move into when ...
Your in great shape there will be plenty of options here in the Sarasota area. When it comes to the money side of a deal I would introduce you to our in house mortgage person Ian McKenn ... more
0 votes Share Flag Fri Mar 15, 2013 Home Buying in Sarasota
cwmani, Home Buyer in Ashburn, VA
cwmani answered:
I bought Broadlands TH for 530K in 2007.If I sell it now,I can get 460K(I owe bank 390K). I want to buy a 640K SF home in Brambleton. Rent or Sell TH?
Details for 2007 newly built TH:
2900 sq. feet (3 levels)
Backing the woods
custom painted
4 bedrooms (3 upper level and 1 in basement)
3.5 baths (2 full at upper level, 1 full in ... more
0 votes Share Flag Tue Aug 20, 2013 Home Selling in Ashburn
Catherine Pu…, Other/Just Looking in Silver Spring, MD
Catherine Purcell answered:
I already own a property in CP and want to buy another. I do have good credit and stable income. Can I pu ...
Hello Beena,

I will be happy to run numbers to see how much purchasing power you have for a new property.

Feel free to call, write or text if you have any questions!

The first ... more
0 votes Share Flag Sun Jul 21, 2013 Home Buying in College Park
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
Buying without 20% down? Is it really that bad if you can afford to?
I think if you don't mind paying PMI there is nothing wrong with putting less down. I would try to do 10% though so you don't have to deal with a full condo review.
0 votes Share Flag Tue Mar 12, 2013 Home Buying in Chicago
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
Is Roseville Appreciating in price with all this new development going on? If so at what percent?
You've got the cause-effect relationship inverted. Roseville is appreciating price which is what driving all the new development. At a certain point, enough new homes will be built to ... more
0 votes Share Flag Tue Apr 30, 2013 Home Buying in Roseville
Todd Akes &…, Real Estate Pro in Henderson, NV
Todd Akes & Team answered:
How do I choose the best loan program for me, what factors do I consider?
The choice is dictated by your current financial position and your game plan. I prefer to put down the largest down payment you are comfortable making. It will get you into b ... more
0 votes Share Flag Fri Mar 22, 2013 Home Buying in San Francisco
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
Can you buy a house in another city / state and rent it out and not live in it?
Yes, it is called an investment.
0 votes Share Flag Wed Mar 13, 2013 Home Buying in Illinois
Morgan Larson, Real Estate Pro in Folsom, CA
Morgan Larson answered:
What kind of down payment would I expect to put down on a second home?
25% is the normal down payment for a second home or investment property.
0 votes Share Flag Sun Mar 10, 2013 Home Buying in Roseville
Laurie Fisher, Real Estate Pro in Aylett, VA
Laurie Fisher answered:
Are the new rules and regs on lending institutions keeping the housing market from bouncing back as well as it might?
In the long range, these will strength the market- the market is definitely improving in the Richmond area & the surrounding counties. We have to think long range.
The Obama administr ... more
0 votes Share Flag Fri Apr 5, 2013 Home Buying in Glen Allen
Thierry Abel, Real Estate Pro in Larkspur, CA
Thierry Abel answered:
Should I refinance and convert my FHA loan to conventional so I can get rid of MIP (PMI)?
You just need a minimum of 10% equity to refinance and get rid of your PMI.


Thierry Abel
Senior Loan Consultant
All California Mortgage
A Division of APMC
P: (415) 46 ... more
0 votes Share Flag Wed Jul 22, 2015 Financing in Orange
Kevin Sechel…, Real Estate Pro in Houston, TX
Kevin Sechelski answered:
Buy or Rent a property in Houston, Tx
Things could have changed since you have lived here. Maybe go month-to-month renting while you are searching for a place to live. This way you don't have to break a lease if you find ... more
0 votes Share Flag Mon Mar 25, 2013 Home Buying in Houston
Shaukatali K…, Real Estate Pro in Katy, TX
Shaukatali Kadibhai answered:
Where can we find a private investor to buy our home and then lease it back to us?
Try to look for an investor who will finance the house and lease it back to you.
Serach for a Real Estate investment club in the area.
There will be plenty of people willi ... more
0 votes Share Flag Mon May 13, 2013 Home Buying in Irvine
Tom Burris, Real Estate Pro in Baton Rouge, LA
Tom Burris answered:
need to know if I am qualified to get loan now
How long have you been overseas? Do you maintain U.S. credit?
What will you be doing when you get back?
Will you have the same line of work lined of here?

Tom Burris
Mortgage Ban ... more
0 votes Share Flag Thu Jun 13, 2013 Home Buying in McKinney
Lynne  & Sha…, Real Estate Pro in Tampa, FL
Lynne & Shawn Graves answered:
Afraid to purchase in Brandon, Riverview, Gibsonton area.....
First Thank you for your service. As far as Chinese Drywall the current owner would have to disclose that as part of the property disclosure. I see home prices rising at this time. They ... more
0 votes Share Flag Mon Mar 18, 2013 Home Buying in 33511
Chris Ann Cl…, Real Estate Pro in Manassas, VA
Chris Ann Cleland answered:
Which is better to buy a home now in Gainesville, VA or Leesburg,VA?
That really depends on the buyer. Most buyers consider things like commute to work, schools for kids. I can tell you, in favor of Gainesville, VA is that the Prince William Property ta ... more
0 votes Share Flag Wed Jul 17, 2013 Home Buying in Gainesville
Danielle Sha…, Real Estate Pro in Cape Coral, FL
Danielle Sharp answered:
Would like to purchase a property (2nd home) in the Estero /Bonita Spring. Should I get a single family ho ...
Hi Bob,

A lot of that depends on what you are comfortable with and what you intend to do with it when you aren't in residence. If you are considering renting it out seasonally some a ... more
0 votes Share Flag Sun Mar 17, 2013 Home Buying in Estero
Marion Thack…, Real Estate Pro in Winter Park, FL
Marion Thacker answered:
We are considering a move to FL near Orlando and have a 10 year old daughter so want safe area / good schools. Any suggestions from FL natives?
Oviedo was named in the top 100 hundred communities to raise a family in, several years in a row now. Also the school system is all a rates. Please let me know if you need any assistanc ... more
0 votes Share Flag Thu Mar 21, 2013 Home Buying in Orlando
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