Home Buying in 08610 : Questions & Answers

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Gina Marie M…, Real Estate Pro in Hamilton Township, NJ
Gina Marie Mazur answered:
I would like to know I dont have best credit I would like to buy my daughter home and put it in my name with lawyer
Your first step would be to speak with a mortgage representative to see exactly where your credit is. From there you can speak with an attorney who will be able to complete the transac ... more
0 votes Share Flag Fri Jan 25, 2013 Home Buying in 08610
Jill Conner, Real Estate Pro in Mercer County, NJ
Jill Conner answered:
I'm looking at houses on S Clinton Ave 08610. What are the typical offers made in comparison to the tax assessments in this area? High, low or
The tax assessments are always lower than the sale price, there is a rate that is used to calculate the property taxes based on the assessment, but they really have very little to do wi ... more
0 votes Share Flag Wed Sep 14, 2011 Home Buying in 08610
Marsha Bowen…, Real Estate Pro in Maplewood, NJ
Marsha Bowen-Washington answered:
How can I buy my parents house if they filed for bankruptcy?
Good luck to you, let us know how you make out.
0 votes Share Flag Sun Jul 17, 2011 Home Buying in 08610
Mary Petti-A…, Real Estate Pro in 08820
Mary Petti-ABR,SFR, Relocation answered:
What does the wording of this mean? FHA/VA amendatory clause
It's basically a form that says the FHA/VA buyer is NOT bound to purchase the house if it does not appraise at the sale price.
FHA/VA (like most bank I might add) will not guara ... more
0 votes Share Flag Sat Mar 19, 2011 Home Buying in 08610
Al Akerman, Real Estate Pro in New Jersey
Al Akerman answered:
Does the amendatory clause have to have the same date as the sales contract?
I just noticed your question and saw that no one answered it. I hope I am not too late to help you.

Although many realtors have the buyers, sellers and agents sign them when the con ... more
0 votes Share Flag Mon Nov 30, 2009 Home Buying in 08610
Joe Salcedo, Real Estate Pro in San Jose, CA
Joe Salcedo answered:
Can the FHA ammendator clause hold up closing for 10 days? We changed from 203K loan to traditional FHA and now we must wait 10 days to close.
Good Morning,

I just closed FHA last month in to tell you the truth I was not very happy with this
deal first the Appraisal was $ 320,000. then last minute a review appraisal
come ... more
0 votes Share Flag Tue Oct 20, 2009 Home Buying in 08610
Ronni Temple…, Real Estate Pro in Cherry Hill, NJ
Ronni Temple/Lynn Moles answered:
What happens if the FHA Amendatory Clause says the number of the original offer, but the deal is later amended, in counter offers, to a higher?
Usually, the Lender will require an new Amendatory Clause along with the amended contract. I would clarify this with your mortgage lender to be sure as the amounts should coinci ... more
0 votes Share Flag Fri Sep 4, 2009 Home Buying in 08610
Jeff Belonger, Real Estate Pro in Cherry Hill, NJ
Jeff Belonger answered:
FHA ammendatory clause
Love when realtors answer mortgage questions. They are assuming and that's not good. Yes, a lender can do and or ask as the please. BUT... it's not mandatory to have this f ... more
1 vote Share Flag Thu Sep 3, 2009 Home Buying in 08610
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
Foreclosed home
My questions would be this:
In most cases if the physical inspection reveals an additional problem, the inspector suggests that you obtain an inspection from a qualified expert, ... more
0 votes Share Flag Sat Aug 8, 2009 Home Buying in 08610
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