Home Buying in 06457 : Questions & Answers

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Drumb001, Renter in Wallingford, CT
Drumb001 asked:
Credit Score and pay off Bills or Down Payment $$ ? Which should I work on the most for a Mortgage?
I currently have a 705 CS but due to two bills , a car loan and a line of credit that I'm paying down nicely to secure a mortgage for…
0 votes Share Flag Thu Nov 19, 2015 Home Buying in 06457
Tony Grech, Real Estate Pro in Southfield, MI
Tony Grech answered:
I am recently purchasing a home from a seller who has inherited the property from his relative. The seller has not transferred the title to his name,
Sounds like there is some convoluted stuff going on there. Are there realtors involved or are you buying a for sale by owner? The title attorney won't be able to convey clear title to ... more
0 votes Share Flag Thu Jun 4, 2015 Home Buying in 06457
Carlos Ather…, Home Buyer in Hartford, CT
Carlos Atherton answered:
I have been on many websites reading and reading trying to get a understanding. Is it impossible to get my first home after a year of discharge?
No Gretta,
3 years minimum from any foreclosure or chapter 7 bankruptcy for FHA loans with 3.5% down, but you need to have some credit rebuilt and no late payments.
For conventional f ... more
0 votes Share Flag Sat Dec 28, 2013 Home Buying in 06457
Carl Guild, Real Estate Pro in East Hampton, CT
Carl Guild answered:
I am a hopeful first time homebuyer, torn between purchasing soon in Philly or later - my career could move me
If you would like to follow the market here in Central CT - you can sign up for automated emails that will show you new listings, price reductions and sold prices when they finally sell ... more
0 votes Share Flag Fri Jan 2, 2009 Home Buying in 06457
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