Hard to say. No savings is a bit of a problem because buying (and maintaining) a home does cost money. Typically you need at least 3-3.5% down, plus money for closing costs, inspection, appraisal, etc. There may be down payment assistance programs in your area. And you may be able to negotiate and get the seller to pay your closing costs. But inspection ($300-400) and appraisal ($400-500) is your expense.
You need to sit down with a local lender who can review all of your information. The lender is going to look at credit scores, job/income history, debt to income ratios, etc.
I'm a huge advocate of home ownership; however, I worry about people wanting to buy who have no money. Besides the cost to buy, there is additional financial responsibility in owning and maintaining a home. You no longer can call the landlord when the furnace goes out or your pipes freeze.
If owning a home is your goal, then make it happen! Good luck and Happy New Year!... more
Yes, it is DEFINATELY OK to have more than one Realtor come through your property. In fact, you should always have 2 or 3 Realtors come in and do an evaluation on your property. Realtors know that they are up against competition and they should be doing their best to give you accurate information about the market, a presentation regarding their marketing plan and experience that will help you sell your home. When you have agents come through, don't be afraid to ask the tough questions. If they don't know the answers, it may be time to branch out. Ask them WHY you should pick them? What are they going to be doing to sell your home? What is their marketing plan, and what have their results been? I hope that you find a GREAT Realtor to help you. Feel free to us to sell you home. We are THE HOME TEAM, at Coldwell Banker The Real Estate Group, Inc.. (920) 766-HOME (4663).... more
It will really depend on what you put into your home (such as tile flooring vs. vinyl, if you would like granite counter tops vs. the traditional Formica, etc.....). Do you already have a lot? Typically you could plan for something between $98-125 per square foot. If you want to contact me directly I can put you in touch with a few builders and we can talk more about your budget, etc.... more