Who are you contacting? The builder, the listing agent, or USDA?? If you are thinking about buying, you need to find a REALTOR to work for you as a Buyer's Agent. He/she can look into the homes that you're interested in, and assist you in finding a lender who handles USDA programs.... more
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!
The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.
There is no FORM printed by anyone; there are just too many variables.
The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?
This is the Ultimate Caveat Emptor!
Good luck and May God bless... more
as long as your contract is valid, the builder cannot have multiple deals on the same property active simultaneously. they CAN have BACK UP offers, but those dont have the chance to become official, unless your deal/contract cannot complete as agreed upon by either party.... more
Prices are based on supply and demand and what consumers are willing to pay in a given market. What a city has or doesn't have certainly plays a part in the overall market and economy of the city, but if prices are lower in the other cities you mentioned it's because there is excess inventory or fewer buyers which causes people to lower their prices. If you are looking for a good deal try the search link below and good luck in your search.... more
You can view all the homes available through a Realtor (foreclosures included) in El Paso on my website RiaRealtor.com. If there is something specific you are looking for I can also do a search for you and send you properties that match your criteria.... more