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hwkeye05, Home Buyer in Fort Lauderdale, FL
hwkeye05 asked:
As a buyer, can I structure my contract so that I only pay xxx dollars above appraisal value? I want to structure an agreement that says the seller must accept my offer of xxx dollars above appraisal value. Is there a way the buyer can lock in the seller with wording like this?...
0 votes Share Flag Wed Dec 4, 2013 Home Buying in Boca Raton
N2rasta, Home Buyer in Mesquite, TX
N2rasta asked:
I am purchasing a HUD home with a VA loan. HUD is refusing to sign a form for the VA lender.... The house is appraised for more than what I am buying it for. It has passed all the inspections. Apparantly, there is a protocol letter VA loans require stating that they are not respon...
0 votes Share Flag Wed Dec 5, 2012 Home Buying in Roanoke
Brent Kluge, Real Estate Pro in Rockville, MD
PS. I close these FHA 203K's and other renovation loans in ALL states - ALL the time. if you are in need o ... Read more
Blogged Fri Dec 23, 2011 by Brent Kluge Home Buying Financing Foreclosure
Shannon Regi…, Real Estate Pro in Spring, TX
Posted: 15 Sep 2011 06:53 PM PDTMost people want to speed up the loan process an ... completed with the correct street address.All FHA loans must include the amendatory clause and recert signed ... Read more
Blogged Fri Sep 23, 2011 by Shannon Register Home Buying Financing
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Bkd279, Home Buyer in Fremont, CA
Bkd279 asked:
With FHA, do I (buyer) get the deposit back I (buyer) had an offer that got accepted but the appraisal came much lower than ... and sent an addendum finally one day that we want an answer by 5pm if they are going to accept 10k ...
0 votes Share Flag Thu Sep 1, 2011 Home Buying in Fremont
Brent Kluge, Real Estate Pro in Rockville, MD
Federal Housing Administration (FHA) 203K process can be confusing. The reason 9 ... Financing Addendum. Make sure you:STRIKE the “Amendatory Clause” completely from contract and,Put "FINAL ... Read more
Blogged Fri Apr 22, 2011 by Brent Kluge Financing
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Coxst, Home Buyer in Birmingham, AL
Coxst asked:
Can the seller keep our Earnest Money? Our ReMax contract has a clause stating no matter what the rest of the contract says, we would not lose earn ...
0 votes Share Flag Mon Apr 11, 2011 Home Buying in 35242
Chris, Home Buyer in Redlands, CA
Chris asked:
What happens when Homepath financing has to be switched to FHA? I made an offer on home and agreed to finance using the HomePath program - my of ... approval that my lender had anticipated. However, FHA financing was not a problem, and offered a better ...
0 votes Share Flag Fri Dec 31, 2010 Financing in Redlands
Scott Miller…, Real Estate Pro in Boca Raton, FL
1 high prices (can't afford it)2 high taxes (could afford it if the taxes wer ... 2) Realtors who don't return the proper paper work (FHA Amendatory Clause) or don't get the ... Read more
Blogged Tue Jul 27, 2010 by Scott Miller - REALT... Home Buying Home Selling Agent2Agent
Eadaly, Home Buyer in 32256
Eadaly asked:
Loan company is asking for seller's agent to sign FHA purchase agreement addendum and he says seller do ... We are under contract for a REO home and are scheduled to close next week. We ha ... conditions, one of which is having the seller's agent sign this FHA purchase agreement addendum. The ...
0 votes Share Flag Thu Sep 16, 2010 Home Buying in 32256
Exclusivelye…, Home Buyer in 20170
Exclusivelyellis asked:
I am buying a bank owned home. The original purchase price for the home was 65k--a contract has been signed and escrow has been opened. I was given an addendum to sign stating that the purchase price would increase to 71k. There is a bank estimated ...
0 votes Share Flag Wed Jun 30, 2010 Home Buying in 20170
Walt, Home Buyer in 32258
Walt asked:
8 days after accepting and signing an offer from a buyer, we were faxed a form t ... if the FHA appraisal does not come back at the ... offer price, the buyers can walk (and walk penalty free). Is this a standard for ... legitimate to come back after 8 days with this "FHA amendatory" form ? I am very concerned with ...
0 votes Share Flag Thu Apr 22, 2010 Home Buying in 32258
Copinflorida, Home Buyer in Florida State, FL
Copinflorida asked:
I am in a fully executed contract in Florida. The seller has now changed his min ... he is not accepting FHA loans due to possible low ... appraisal values. I think this is because he agreed to reduce the selling price if the appriasals come in below the agreed price. My question is can he do that?? It was never stated in ...
0 votes Share Flag Wed Aug 18, 2010 Home Buying in Naples
Sandra Fidoe, Home Buyer in 75068
Sandra Fidoe asked:
Can a FHA purchase agreement addendum be added to the contract one week before closing? if we (the sellers) ... The appraisal on our property has been completed (we have no idea what it has be ... ) and we are now being asked, one week before close, to sign a FHA purchase agreeent addendum which will ...
0 votes Share Flag Thu Oct 22, 2009 Home Selling in Texas
Dave Kim, Home Buyer in Placentia, CA
Dave Kim asked:
Delay of close of escrow Hi,We were supposed to close the escrow last Sunday. however, my loan o ... until he brought this up. Since i am getting a fha insured loan the report will open up all the repairs ...
0 votes Share Flag Fri Sep 11, 2009 Home Buying in Placentia
Dan, Home Buyer in New York
Dan asked:
Question about Lower Appraisal but higher down payment - Pls help. I just concluded my Attny review. Since there were multiple bids on the house, the sellers agent asked for 20% down whil ... . Now the Sellers Attorney has put a clause in the contract saying that even if the home is appraised ...
0 votes Share Flag Tue Aug 11, 2009 Financing in Princeton
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