Recommend you talk with your local bank to see if they can offer you any kind of loan. Often the manufactured homes can be more challenging, but your lender should be able to help or at least put you in contact with someone who can.
Another recommendation would be to talk with the community sales office and see if they have lenders they work with. Best of luck!
James Tiernan... more
When you apply for a loan, the Lender is required to give you a GFE (good faith estimate):
It will show everything, be a guide for comparing Loans, and give you the info you need to see if you will be saving any money.
There are too many variables to answer intelligently. (and I don't feeling like showing my unintelligence.)... more
You would need to be more specific as far as where the house is located and type of garage. But the one thing you can count on is values being down and sales much harder. If you would like more information I would be happy to sit down with you for a listing presentation to go over you options, pricing and market strategy.
Generally speaking, yes! You can appeal your taxes on a new purchase. And depending on where you are purchasing the tax prorations will be taken from the sales price of the home.
What area are you purchasing in?... more
When the new valuations come out this fall you may protest your assessed valuation through the township assessor's office. The value they come up with will probably be lower than last year. However, the assessor uses a computer model that considers sales from the previous 3 years. Because prices have dropped steadily over that time--the new assessed value may still not be proper. When checking assessed value you need to use sales before 1/1/2010, because that is the effective date of the next valuation. So you can review information on comparable homes that sold in 2009 and see if that supports a lower value than what the assessor comes up with this year.... more
Sorry to say, you really do not. The BPO is paid for by the lender for the sole purpose of getting an opinion on the value of the property so they can evaluate your offer and determine their response. If your offer is lower than the BPO they would probably tell you as justification for you to come up to the higher price. Often the company/bank you are negotiating with is not really the owner of the loan, but the servicer. They are a middleman between the loan owner and everyone else. This is one of the reasons short sales can take a long time.... more
What is your agent suggesting--unfortunately, when it comes to short sales, it's guess work as to the lender accepting, rejecting or counter offering--your agent can best advise as it relates to your specific situation.... more