Home Buying in 21224 : Questions & Answers

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Andrew Byrd, Real Estate Pro in Coeur D Alene, ID
Andrew Byrd answered:
Can i buy a home in Md with a credit score of about 600. Most of my debts are due to Medical Bills.
Fernando Estrada-

Yes, you most definately can purchase a home but there are more factors to consider than just your credit score. How old is your child, I just had my second, she tu ... more
0 votes Share Flag Thu Mar 20, 2014 Home Buying in 21224
Michael Fara…, Real Estate Pro in Baltimore, MD
Michael Farabaugh answered:
Is there anyway to get a mortgage with a 600 credit score? No collections, no late payments in the last 12 months...Still recovering the credit score!
Yo may contact Mikki Lourdes Underwood, NFM, Inc. at 443-768-1149 for prequalification on a home loan. 600 is doable!... Mike Farabaugh, Central Realty, 410-256-1717
0 votes Share Flag Wed Mar 19, 2014 Home Buying in 21224
Randall Yates, Real Estate Pro in Dallas, TX
Randall Yates answered:
My credit is sitting at 573 and I have around 7,500. in cash want to purchase a REO for under 20k does this seem reasonable?
Yes. FHA loans are available with a 580 credit score and conventional loans with a 620 and 3% are still available. We specialize in matching borrowers with lenders that have the right l ... more
0 votes Share Flag Fri Nov 8, 2013 Home Buying in 21224
Kristian Kan, Real Estate Pro in 21224
Kristian Kan answered:
can a cash buyer include an appraisal contingency in MD? Is the appraisal contingency standard in MD contracts?
Sure can, as a cash buyer you still have the ability to add contingencies to the contract including but not limited to an appraisal and home inspection which are always recommended.
0 votes Share Flag Thu Oct 24, 2013 Home Buying in 21224
Kristian Kan, Real Estate Pro in 21224
Kristian Kan answered:
how much value does a one car parking pad in canton baltimore ( 3 bloccks from square) add to the value of a single family rowhouse?
Parking can be an invaluable asset here in Canton, as a Canton resident I can definitely attest to that. The value that it adds to the property I have seen vary depending on the ease o ... more
0 votes Share Flag Thu Oct 24, 2013 Home Buying in 21224
Mike M, Home Buyer in Baltimore, MD
Mike M answered:
How does the price of new construction sales in a given community change the value of other new construction properties?
Yes, some homes have settled for as high as $312...no, there are no basements in the community.
0 votes Share Flag Tue Aug 6, 2013 Home Buying in 21224
Rhonda Harsh, Real Estate Pro in Millersville, MD
Rhonda Harsh answered:
Location, Up and Coming
It looks to be an upcoming neigborhood. We work with clients and investors in that area. Have you been in the property yet? LBP may be an issue depending on when it was last upgraded a ... more
0 votes Share Flag Wed Nov 21, 2012 Home Buying in 21224
Tina Beasley, Real Estate Pro in Richmond, VA
Tina Beasley answered:
How much does an adjacent property influence resale value?
Greg,

I personally feel that there are too many properties on the market currently for you to take such a risk. Think about it. Do you want to live next door to tenants that have n ... more
0 votes Share Flag Mon Nov 3, 2008 Home Buying in 21224
Alaric Gothic, Other/Just Looking in Joppa, MD
Alaric Gothic answered:
What if a Title company omits pertinent information about the previous homeowner's tax credits?
To answer your basic queastion about the title company ,NO ,you signed something in that mountains of docs at closing which gives away all rights.Appeal your taxes is your only way out.
0 votes Share Flag Fri Sep 5, 2008 Home Buying in 21224
Fernando Her…, Real Estate Pro in Maryland
Fernando Herboso answered:
I have a section 8 housing voucher and am in a house in East Baltimore. HUD has a home ownership program I
Edward: Not necessarily, check with a good HUD APROVED loan officer. . they should be able to tell you about the home ownership program. .
0 votes Share Flag Wed Sep 3, 2008 Home Buying in 21224
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