Home Buying in 46240 : Advice

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Michelle Dec…, Real Estate Pro in ,
Michelle Decatur answered:
What are my options on a fannie mae home purchase if the inspection finds things that need repairs?
I don't think you are in any danger of them actually agreeing to make repairs. Ask your agent to draw up a mutual release citing the attached home inspection as the cause. Assumi ... more
0 votes Share Flag Thu Aug 11, 2011 Home Buying in Indianapolis
Drew Realtor,  in Indianapolis, IN
Drew Realtor asked:
0 votes Share Flag Tue Aug 2, 2011 Home Buying in Indianapolis
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
underwriter asking one last bank statement,which I refuse because it a family account.Loan officer requesting an exception will the loan get approve?
I'm guessing that the Loan Officer should be answering that question.
0 votes Share Flag Sat Jul 30, 2011 Home Buying in Indianapolis
Blackout72508, Home Buyer in Indianapolis, IN
Blackout72508 asked:
0 votes Share Flag Thu Jul 28, 2011 Home Buying in Indianapolis
Michael Weav…, Real Estate Pro in ,
Michael Weaver answered:
Pre-approved then conditionally approved what are the chances of being denied at this point?
Depends on your lender. My lender only pre approves someone if they can get a loan...without question.
0 votes Share Flag Tue Jun 28, 2011 Home Buying in Indianapolis
John Donaway, Real Estate Pro in Kissimmee, FL
John Donaway answered:
Regarding my Canadian fiancée - I have questions about obtaining a bank loan to buy a home (in Florida preferably). Recv'd some answers; still
The Best way To Answer all your questions is to talk to a Lender that deals with Foreign Nationals, and they have to write mortgages in florida....
0 votes Share Flag Mon May 2, 2011 Home Buying in Indianapolis
Michael Weav…, Real Estate Pro in ,
Michael Weaver answered:
How can a landed immigrant obtain a loan for a home?
I would contact a lender in FL. They may have different rules and regs than we do here in IN.
0 votes Share Flag Mon May 2, 2011 Home Buying in Indianapolis
Michael Weav…, Real Estate Pro in ,
Michael Weaver answered:
Is it possible to get approved for a house under 20,000 with a credit core of 520?
anything's possible but not probable
0 votes Share Flag Tue Apr 26, 2011 Home Buying in Indianapolis
BG, Home Buyer in Phoenix, AZ
BG answered:
The house I want had its tax lien sold. Should I wait for redemption period to expire and buy from the investor, or just buy it now?
I am curious as buying the tax lien in IN, investor was buying the right to foreclose the house at the end of redemption period or actually getting the deed to the property as you have ... more
0 votes Share Flag Tue May 3, 2011 Home Buying in Indianapolis
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
what is a difference between a conract and lease with option to buy in Indiana?
I'm not sure what you mean by "a conract"--presumably a contract. If you simply mean a contract to purchase versus a lease-option, here's the difference:

A contra ... more
0 votes Share Flag Mon Mar 28, 2011 Home Buying in Indianapolis
Michael Weav…, Real Estate Pro in ,
Michael Weaver answered:
what is a status B or an O mean?
"Back up" or "Other"

Michael Weaver
Managing Member
The Vearus Group
317.455.LIST.
0 votes Share Flag Thu Jan 27, 2011 Home Buying in Indianapolis
Kristina Moo…, Real Estate Pro in Indianapolis, IN
Kristina Moore answered:
where can i find manufactured homes on the outskirts of indianapolis(preferebly west) possibly on a piece of land, not in a community?
Hello,
I do have a manufactured home in Decatur Twp listed. It is at 6336 Dardeb Rd and is a 4 bedroom that is completely updated. It is in a small community. If you are looking for so ... more
0 votes Share Flag Thu Jan 27, 2011 Home Buying in Indianapolis
Maggie Hawk, Real Estate Pro in New Smyrna Beach, FL
Maggie Hawk answered:
How is the property tax figured?
Abel,
Your property taxes are the result of multiplying the tax value (assigned by the Property Appraiser for your county) by the millage number (determined by your local government wh ... more
0 votes Share Flag Sat Jan 8, 2011 Home Buying in Indianapolis
Michael Weav…, Real Estate Pro in ,
Michael Weaver answered:
Why does Trulia say "sold" and zillow list several price drops after the date the property was allegedly sold? We've seen this several
These sites use other sites to pull thier info. Use thevearusgroup.com and search for the latest listings, and price drops. We pull our data directly from the mls board MIBOR.

Hope t ... more
0 votes Share Flag Tue Nov 8, 2011 Home Buying in Indianapolis
Nina Mayberry, Real Estate Pro in Avon, IN
Nina Mayberry answered:
is this home for sale 962 w35 st. 46208
Hello, this home is not currently on the market. I am showing that it sold earlier this year.
Thanks,
Nina Mayberry
0 votes Share Flag Sat Dec 4, 2010 Home Buying in Indianapolis
Michelle Gon…, Real Estate Pro in 90720
Michelle Gonzalez answered:
Short sale with Chase. No updates, Help! been 8 weeks, no BPO yet. 3rd party negoitator will not give any updates
The 3rd party negotiator is right they will not provide any information to you unless you are authorized on the homeowners account. Chase will tell you the same thing. The best way to f ... more
0 votes Share Flag Wed Dec 1, 2010 Home Buying in Indianapolis
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
do you have to have 25% equity in a property to qualify for a second FHA loan or can you qualify with sufficient income to pay both mortgages?
FHA only allows one loan at a time--for additional information, consult with any qualified loan officer(s), depending on your situation, maybe other suitable options can be found--then ... more
0 votes Share Flag Wed Dec 1, 2010 Home Buying in 46219
The 2 Mortga…, Real Estate Pro in ,
The 2 Mortgage Guys answered:
Can I qualify for a second FHA Loan if I already have an FHA Loan?
Hi Sharron,

FHA only allows you to have one FHA loan at a time. Once you pay off your existing FHA mortgage you ca borrow with FHA again on future purchase. There are other options ... more
0 votes Share Flag Tue Feb 14, 2012 Home Buying in 46219
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
Can a builder buyout your apartment lease as part of the agreement?
Sure! You are actually paying for it by paying a higher price for the new home.

Try instead to negotiate a lower price and see if you can get out of your lease earlier!
0 votes Share Flag Wed Oct 27, 2010 Home Buying in Indianapolis
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
i have my rel estate license but work on a referral basis. i want to buy a house. can i represent myself? or be my own agent?
GREAT QUESTION:

Do you have entry access to the properties ? If NO you will then require a Realtor assist you

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Rep ... more
0 votes Share Flag Mon May 6, 2013 Home Buying in 46220
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