Home Buying in 79912 : Questions & Answers

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Irene Doming…, Real Estate Pro in El Paso, TX
Irene Dominguez answered:
79912 vs 79911: Pros vs Cons...

There are currently 693 resale and new homes in ZIP code 79912 on Trulia, including 3 open houses, as well as 35 homes in the pre-foreclosure, auction, or bank-owned stages of ... more
0 votes Share Flag Tue Aug 5, 2014 Home Buying in 79912
Stephanie Le…, Real Estate Pro in Miami Lakes, FL
Stephanie Leon PA 786-574-3928 answered:
How does a reverse mortgage work?
A reverse mortgage is a home loan that provides cash payments based on home equity. Homeowners normally "defer payment of the loan until they die, sell, or move out of the home.

Home ... more
0 votes Share Flag Fri Jun 20, 2014 Home Buying in 79912
Mark Weiss, Real Estate Pro in 79922
Mark Weiss answered:
Can I Rent a house that has been refinanced? it is an FHA loan
IT depends on how long you have occupied the property since the Refi. Typically your Refi loan requires you live in the house for 2 years. However there are exceptions to every rule , ... more
0 votes Share Flag Wed Jun 11, 2014 Home Buying in 79912
Maria De La…, Real Estate Pro in 79911
Maria De La Vega answered:
You can go to El Paso Central Appraisal website http://epcad.org/ and it will let you know the information you need.
0 votes Share Flag Sun Mar 3, 2013 Home Buying in 79912
Don Groff, Real Estate Pro in Cedar Park, TX
Don Groff answered:
I want to pay off my mortgage of 223,000.00, how much of the interest must I also pay at 5% interest rate?
Hi Melly,

If your loan is a conventional loan you will just pay the interest as accrued until the bank receives payment in full. If your loan is FHA and you pay off the loan in the ... more
0 votes Share Flag Fri Mar 2, 2012 Home Buying in 79912
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
Don't have a question. Just an observation. Foreign nationals and military are driving apt rents and home prices up in el paso. Locals
Since 2008 the leasing market has had huge increases ! Seen almost 30% or more in Dallas area

Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
The Michael Group - Dal ... more
0 votes Share Flag Mon Oct 10, 2011 Home Buying in 79912
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence answered:
If so,why have property taxes gone up and no pay raises?
Nat, you sound as though you are in a healthy real estate market. You are qualified to buy but you find homes are selling for more than you are willing to pay. So, nothing has changed. ... more
1 vote Share Flag Mon Oct 10, 2011 Home Buying in 79912
Evan Karam, Real Estate Pro in El Paso, TX
Evan Karam answered:
If a house is for sale and needs work quite a bit of work and has not being sold and the price has been drop many times how much can you offer .
You need to get a number in your head on estimated cost for repairs to get the house to the way you want it. I suggest having a real estate consultant do a market analysis to determine ... more
0 votes Share Flag Mon Oct 10, 2011 Home Buying in 79912
Bruce Lynn, Real Estate Pro in Coppell, TX
Bruce Lynn answered:
By the way, apt managers know how much the military receives for housing (tax free).
They also know how much you make.
If you think they're getting a better deal, you might call your Army Recruiter.
0 votes Share Flag Mon Oct 10, 2011 Home Buying in 79912
Dorene Slavi…, Real Estate Pro in Culver City, CA
Dorene Slavitz answered:
Is it necessary, as a buyer, to get a real estate attorney (if I am already consulting a licensed agent)?
Dear Michael,
Hundreds of Real Estate transacitons are conducted daily without any need for a Lawyer.
0 votes Share Flag Thu Apr 14, 2011 Home Buying in 79912
Federico Vil…, Real Estate Pro in El Paso, TX
Federico Villalobos answered:
My name is Alejandro Fierro, my wife is a US citizen but Im not, so I have no proof of income I dont have 2 years of taxes, can anything be done?
Sr. Fierro;
Si hay varias formas que se puede lograr un financiamiento o credito hipotecario.
y tambien soluciones, la que Yo propongo, compren menos casa, o financiamiento privado q ... more
0 votes Share Flag Thu Sep 9, 2010 Home Buying in 79912
Patsy Maese…, Real Estate Pro in El Paso, TX
Patsy Maese Olivas answered:
Does the 6313 Stardust property have two downstairs bedrooms?
This house at 6313 Stardust is a tri-level home. The main floor has the living area plus the 5th bedroom (or maid's room) plus a 3/4 bath. The upstairs has the master bedroom, bath an ... more
0 votes Share Flag Mon Apr 13, 2009 Home Buying in 79912
Judy Luna, Real Estate Pro in Fayetteville, AR
Judy Luna answered:
How much can I ask a realtor to negotiate down on a house in today's market on the west side of El Paso. The
What you need is a market analysis for the home you are interested in purchasing. What this involves is to have your buyer agent check the Multiple Listing Service database to see what ... more
0 votes Share Flag Sat Nov 29, 2008 Home Buying in 79912
Jason Brown, Home Buyer in Newport, RI
Jason Brown answered:
The lenders I am talking to want to appraise to determine if the house is in a declining market before
Thanks Mark, but I am not in financial difficulty...just not rich. I do not want to tie up otherwise liquid cash in a big down payment with current market conditions.
1 vote Share Flag Sat May 3, 2008 Home Buying in 79912
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