Jah, it all depends on the particular market or neighborhood you're in. If you're selling for $80,000 a house that has an average sale price of $60K, the answer is no....it's not going to probably sell fast and conversely if the average price in the area is $95K then absolutely yes. I'd be more than glad to email you a CMA (comparative market analysis) of the area you are referring to. If it is in the 65th area like Meadowcliff, $80,000 is in the top range of sales and buyer for that market are having a hard time getting loans these days.... more
Lillie, I am on about 10 crime watch listservs in WLR and I can tell you, it doesn't matter where you are in west little, the crime is about equal. One subdivision may experience problems and then it shifts to another. My only observation is Reservoir Rd seems to have the most problems in the area.... more
If your agent is not cooperative, do contact his/her broker owner, and or office manager and express your concerns; in addition you may wish to consult with an attorney who specializes in real estate, have all related documentation reviewed and go from there.... more
Hey i was in a similar position a year ago and meet this wonderful real estate lady Evelyn Taylor. She told me about some programs we were able to get into to get a nice house at an affordable price. Unlike other agents she don't mind telling you the things you can do to lower you rate and monthly bill. Me and my wife were able to get a 4 bed room 3 1/2 bath and a pool out in Sherwood for a great deal. Don't know how she pulled it off and my wife and kids are still in love with the house compared to where we came from.... more
Hey i was looking for some thing similar about a year ago. Call 501 993 9812 Evelyn Taylor a great real estate lady that help me and my wife get our 5 bedroom 3 1/2 baths with pool in Sherwood at low cost. She knows a lot of deals and programs that can help you out that other real estates wouldn't tell you cause they want to keep all the commission.... more
The link to the website that will give the best answer to whether a property is eligible for a rural development loan is
The site carries a disclaimer that each location is not guaranteed, but is the best screening tool available.... more
Rather than focusing on top seller, interview in person a few local agents from different realty companies, then choose the one you like best and who has the most to offer; keep in mind that if a property is not priced on target, and if the marketing doesn't maximize exposure, it really doesn't matter who the agent is.... more
Finding rent to own properties is not easy since they are few and selection would be limited. I suggest you just rent something, save your money and improve your credit so you can buy later. When you can buy do so, but just rent now. I suggest you visit a loan officer at your bank and let them guide you.... more
Hi, You can go to Walkscore.com for walkability to the above mentioned services. Walkscore rates homes based on their walkability to town, transportation, etc. For floodzones you can check www.fema.com or the local town records.
Licensed Associate Broker
Accredited Buyer Representative
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William Raveis Legends Realty Group
It's possible, but may be tough, to get a loan with a 573 score. What is on your credit that is bringing it down to a 573 score is equally as important as the score itself. Speaking to a credit counselor (not to be confused with consumer credit counseling debt consolidation programs) can help you with advice on how to build your scores back up and also how to deal with any past negative items that are incorrectly reporting. I am not a "credit specialist", but I can point you in the right direction if you'd like.
Have you run any numbers to determine if your husband's income can qualify for the price range of homes you'd be interested in buying? With a 700 score your options open up quite a bit.
If you choose to eventually proceed with just your husband, keep in mind with pretty much all loan programs you are still permitted to be on the title of the home, so if that was a concern, you'd have no "ownership", then it's a non-issue with most lenders (it's always a good idea to ask anyway).... more
It is best to get a preapproval for a loan through a bank or motgage lender that can review your credit,income & work history and tell you the best path to take. In my experience most lenders look for a credit score at least in the 600 range so I'd suggest you apply for a loan just in your husbands name until you improve your credit score. Unfortunately if you are a 2 income household you will only be able to use his income to qualify for a loan if that is the route you choose which may mean that you will have to look for a home in a lower price range. If he does not make enough to find a home in your price range then wait & work on fixing your credit before you resume your home search.... more
My first suggestion is to talk with a reputable mortgage lender to see, officially, if you can obtain a mortgage. There are many options available, and with low interest rates, IF you can get a mortgage, then buying now is better than renting. I would be glad to get you in touch with potential lenders.
If you can not obtain a mortgage, then a lease to own option is next in line, or owner financing. These are still hard to find since most sellers need to actually sell their home so they can move on to the next home. The best opportunity to find a lease to own or owner financing option is to have a local REALTOR search for homes based upon your search criteria. There may be some homeowners with a house on the market for an extended amount of time who may, now, be open to lease to own. Unfortunately, if the house has been on the market for a while, the condition...or price....is probably not good.
I would be glad to help if you need assistance with any of the above. Just call me and we can discuss.... more
The first issue is trying to find a seller who is interested in doing a rent to own. Most sellers need to sell their current hom in order to move to their next home. If they allow a rent to own, they are really only renting, with an option to purchase...maybe. I say maybe, because most Rent to Own transactions never close. Your best option may be to rent for a year, while you clean up your credit. Contact a mortgage lender who can tell you what you need to do to clean up your credit so you can purchase a home in 12 months. It is usually better to buy than rent, so you want to minimize your time renting.... more
We can sure try to help you find a house. Our service is Free to you. The owners of the properties pay us to help them find residents. Most of our homes start at $1,000 and above. We have a couple of owners that are a little more lenient on credit. If you will go to my website and fill out a request form, we can start your search. www.apthunters-lr.com. Or you can come into our office at 1101 S. Bowman Road, Ste. A4 Little Rock, AR. 501-219-2787
It was withdrawn. It was on the mrkt at 415k reduced to 399,900. If your sister is still interested email me at email@example.com and I will contact the seller and see if they are still interested in selling.... more