I just checked with Gary Richardson at Soy Capital Bank and he said yes! Grant money can be used for downpayment and closing costs. He is a great source for new buyers and would be happy to answer your question in more detail (217-475-2766). Please contact me at firstname.lastname@example.org if I can help you with any of your real estate needs. Best of luck, Karen... more
You should meet with a local and trusted loan officer who can prequailify you at no cost. they can go over the cost of home ownership nd you can compare to renting. Rent equals 0 equity where in a market that is increasing in value buying equals equity for your future. Only you can weigh the data and decide what is best for you.... more
All the banks and mortgage companies I work with need about 625 or better on a credit score... I would call Curt Vance @ US Bank 309-824-3739. His bank may be able to help you figure things out. Mention my name, Greg Zavitz, you might get better service.
Realtor @ Coldwell Banker Heart of America
There are all types of loans out there, it would depend on what your credit scores are. There may be one that fits you perfectly. I would recommend you go to a local mortgage broker and discuss your credit and find out what programs are available in your area. You may also find a homeowner that is willing to owner finance. So the answer to your questions, is there is always a possibility. Find you a good local real agent and they will walk you thru. Good Luck to you!... more
there are some options with investors that will do a contract for deed, but realistically, for that price range, it will most definitely be a fixer upper, are you able to fix up a home? I just had a good one you just missed, I have some investors who may work with you, I can't guarantee that low of a payment, and most contract for deeds call for a balloon payment at the end of the contract , meaning the entire amount left is due at the end of the contract term.
please email me at email@example.com for my personal informaton... more
Not all listings are on Trulia. Some independent real estate agent websites will let you search by street and have all the MLS listings. Otherwise, you can go to www.realtor.com and search through all of them until you find it.
Not sure how that would increase your chances since all buyers in our market that want to look at a Realtor listed home have to work with a Realtor to show them those listed properties. The only possible buyers left are those without a Realtor that are only looking at FSBO properties. And that there is the problem. I have not met any buyers in 23 years, who only want to look at FSBO properties since FSBO's are a small percentage of the available homes. The other problem is when you list with a Realtor, the listing typically states that it will only be listed with one company at a time, and then all the other real estate companies and real estate agents have the right to show the home. Lastly, if you could list on both and then you end up selling it on your own you would still have to pay your Realtor's company the commission unless you worked something out before hand on what happens under those circumstances. Hope some of this helps... give me a call if you have any further questions.
Coldwell Banker HOA
Does the bank "own" the house? If so, the agent should definitely have a contract to sell the home prior to advertising it. If the bank doesn't own the home (ie. they haven't foreclosed on it yet), then the bank has no say in whether the property is advertised.... more