Financing in 01602 : Real Estate Advice

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Leo DosReis, Real Estate Pro in Worcester, MA
Leo DosReis answered:
What are the ongoing costs of a property in Worcester- Condo, townhouse & single family home. thanks
You can search your self for free at ( LeoDosReis.KWRealty.com) thank you
0 votes Share Flag Sat Jun 15, 2013 Financing in Worcester
Richard Shap…, Other/Just Looking in Framingham, MA
Richard Shapiro answered:
If I own a property in Worcester area, fully paid. May I leverage to get some cash out as a foreigner (Australian)? and whats the rate?Thanks
Cash out refinancing will be difficult if you don't have a 2 year history in the us for employment credit and residence.
0 votes Share Flag Mon Feb 13, 2012 Financing in Worcester
Richard Shap…, Other/Just Looking in Framingham, MA
Richard Shapiro answered:
We are moving from Canada on a J-1 visa, so my wife can do a post-doc at UMass. With a 20% down, would we be able to get a mortgage?
How long are you staying? It's possible but perhaps not practical depending on your planned length of stay here.
0 votes Share Flag Fri Jan 20, 2012 Financing in Worcester
Steve Boucher, Real Estate Pro in Franklin, MA
Steve Boucher answered:
Can I get pre-approved for a mortgage if my job is commission based?
Yes you can the commission but need a 2 year history of receiving these commissions in order to count it. Do you receive any base salary?
0 votes Share Flag Tue Jan 4, 2011 Financing in Worcester
Andrew Adams,  in 01915
Andrew Adams answered:
Masshousing vs Conventional mortgage in Massachusetts
Drew your NE Moves loan officer is on the money, the difference is negligible. I have prepared this quick comparison for you. http://edge.mortgagecoach.com/beta/report/edgereport.html ... more
0 votes Share Flag Mon Jan 20, 2014 Financing in Worcester
Christopher…, Real Estate Pro in Methuen, MA
Christopher Lefebvre answered:
I am a RESIDENT of the US but working here on J1 Visa - which is a temporary worker visa and not a 'green card' visa and looking for a
Hello Karadi,

I would recommend that you talk with some mortgage brokers as they would be able to tell you their specific requirements for financing. I recommend that you speak with ... more
0 votes Share Flag Mon Mar 15, 2010 Financing in Worcester
Katina Wright, Real Estate Pro in Atlanta, GA
Katina Wright answered:
What is the benefit of using a mortgage broker as opposed to shopping somewhere like bankrate?Thanks!
Greetings,
If you have shaky credit a broker will be able to 'shop' your profile with different funders. If you have good credit then what is wrong with going into a bank...maybe even ... more
0 votes Share Flag Sat Jul 4, 2009 Financing in Worcester
Sharon Koch, Real Estate Pro in Brighton, MI
Sharon Koch answered:
Is it a good idea to get pre-approved from several banks or no?
Tara,
You do not want to go to more then one person to be pre-approved because multiple credit checks will bring down your credit rating. If you want to check with a few loan officers ... more
0 votes Share Flag Wed Jun 30, 2010 Financing in Worcester
Andrew Adams,  in 01915
Andrew Adams answered:
How hard is it to get a Spot Approval for FHA? details below
How long has the condo association been in control?
0 votes Share Flag Mon Sep 15, 2008 Financing in Worcester, MA
Michael Giles, Real Estate Pro in Beverly, MA
Michael Giles answered:
what is Buy Worcester now?
Hi Adovdu,
Taking a quick look, it appears that this is a combonation of City,and employee insentive programs combined with the mass housing programs. My guess would be that the ma ... more
0 votes Share Flag Tue Sep 30, 2008 Financing in Worcester, MA
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