Going shopping for a Home. It may seem backwards to shop for a mortgage before you shop for the house, but there are several reasons for doing this. Shopping for a mortgage will also help if you can get “pre-approved” for the amount you’d like to borrow. This means the lender has looked over your credit and financial statement and agreed to lend you the money. Sellers like pre-approved buyers because there’s less risk the deal won’t go through. First, you’ll find out how much you can borrow, which has a lot to do with how much house you can buy.
Whether you’re, buying, building or Re-Financing your dream home, you have a lot riding on your decision. Market conditions and mortgage programs change frequently, and I welcome the opportunity to serve your needs with quick and accurate real estate financing advice. I have the expertise and knowledge to help you determine the absolute best loan program to meet your objectives. Get my top 25 Questions for FREE that you should be asking your lender before you choose them to secure a mortgage. If you are already working with a lender, don’t be shy to give me call so I can price the same mortgage for you with less cost. What do you have to loose but your money?
Ensuring that you make the right choice for you and your family is my ultimate goal. And I am committed to providing my customers with mortgage services that exceed their expectations.. As always, you may contact me anytime by phone, fax or email for personalized service and expert advice.
I look forward to working with you!
16800 N. Dallas Pkwy, Suite 290 | Dallas, TX 75248
Office: 972-646-2411 | Cell: 214-418-7022 | Fax: 214-614-4637
Bank of England /dba ENG Lending: NMLS# 418481... more
If you are asking for the "listing status" of this property, it is expired.
If you are asking for the Realtor definition of "listing status" the various status' available are:
Active (for sale)
Pending (under contract)
PPS (Short Sale Pending Please Continue Showing)
Expired (Listing contract with broker expired)
Closed (Sold on a certain date)
Withdrawn (Owner pulled from Active status, but listing contract still in force)
Cancelled (contract with broker to list property for sale has been cancelled)
I live around the corner from this property and am familiar with it and other Village and North Valley properties. Call me to get your questions answered. 362-2328... more
Good evening M_QUINTANA_4120,
Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for. The Mortgage Banker can review your credit and give you a clear estimate of where you stand on your credit today.
If your credit is less then outstanding here are some steps to help fix your credit:
We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible economy, you have a low credit score and you have a dream of buying a home, here's some simple advice for you.
It is unlikely you could be approved for mortgage financing with that credit score at this time.
Beware of any mortgage professionals promising you an approval with such a low score. Wait on buying a home. I recommend you take the time to resolve your credit issues.
First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.
Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.
I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.
Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams. Find more from the FTC HERE.
The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.
The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.
*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!... more
I do not see the question, but I will bet I can answer it if you ask me direct by email.
Max Sklower Owner/Broker of Broadcast Realty, LLC
email: firstname.lastname@example.org toll free phone 800-888-3581... more
Good Morning Pat,
If you're referring to an offer submitted where you set an expiration for that that offer, it may not mean much at all that it expired. When it comes to offers submitted with a private owner, the dates in the contract, including the expiration, are crucial.
However, dates in a purchase offer when submitted to a bank, mean virtually nothing. This is because with banks, the home is merely one of thousands of properties that this particular bank is handling within a particular region or nationwide. They basically get bak to you at their leisure.
Can you provide more details on your situation?
Syan Real Estate
Call/Text: (505) 730-8181... more
There are alot of thinks involve in selling a home. The market does determine the price but some people can not sell because they are upside down and don't want to bring moneyto the table. They would rather rent the home until market conditions change. It is also diffcult to obtain a jumbo loan. Your agent should be able to provide you with all the details on the homes you are interested in. If they can not give you the ino please contact me.... more
The market as a whole in central Albuquerque turned last year and is on an upswing. However, there is a saying "all real estate is local" ... and to extend that, every listing is unique. In the area where you are, in general, home values south of Constitution are lower than those north of Constitution, but the demand is active. Beyond that, even different streets have different appeal in your immediate neighborhood.
You can see by now, from the responses below, that most Realtors will come to your home and provide you with a free market value analysis. Another advantage to your taking us up on this service is getting a bit of advice on where to make improvements, if needed, and how to stage or highlight certain features of your home that appeal to todays UNM area buyer. So I can only suggest that you contact me or any of the other Realtors below who specialize in this neighborhood and treat the exchange as an interview. Should you decide to list with a Realtor, now or later, meeting with several Realtors and comparing their information and style to fit your home and personality will help you manage this task in the most SANE way possible... Chris Nyman Weller (505) 440-6293
Good Luck!... more
You have more than just one problem.... if you think you are under water, is because you are assuming that your home will sell for a certain price which in your opinion is less than what you owe the bank at this point, you may want a local Realtor to figure the true numbers out for you and put in the closing costs for selling and for buying next.
And yes if the bank accepts a short sale you cannot just turn around and buy, did you think then about
first renting? Renting a smaller place?
It really depends, but someone of course to give you good numbers will need to see your home.
As you want to down grade and not upgrade, it seems to me that you may be better of fixing the problems you are currently having, improving your credit and revisit the situation in a year or two...
But a local experienced Realtor may give you deeper and better insights.
Good Luck to you
Good Luck to you
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)
Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
Check out my website at http://tinyurl.com/YourRealtor4Life
Get to know me! Learn about my experience, expertise, services! Read letters
of recommendation! Sign up to search for properties in my expanded service area.
HAVE THE MOST WONDERFUL DAY :)... more
If what you are looking for is a list and the ability to get the best pricing available, please contact me. My source is not the MLS and may be a good route for you if you have an interest in a bulk asset purchase.
As you can see, Angle, any agent can search the MLS for active listings meeting your criteria.
However as you are likely to realize once you are in the middle of the purchase process... the really valuable thing that a buyer broker brings to the buyer is experience, their ability to negotiate and their skills to educate the buyer about homes, areas, condition, inspections and repairs. You will want to shop for a buyer broker who is open and communicative, who will listen to your concerns - but also educate you on the process. You will want someone who keeps you in the loop, who communicates well and navigates the process for a fair and equitable outcome - keeping your liability low and your satisfaction high.
It looks like one or two of the agents who responded to your question earlier made an honest effort search for you. If I were you I would call them and have a discussion. Let them know what you want and what is important to you, and see if their area of expertise and/or communication style seems to fit your lifestyle. Almost everyone starts off shopping for a HOUSE, when really they should shop for an AGENT. I hope this comment adds perspective to your quest. Best of Luck!... more
It sounds like you are looking for a unique urban/rural Realtor like myself! I work quiet a lot in the older, funkier, farm-ier areas of Albuquerque and have recently helped clients buy and sell small farmable urban/rural mix properties like you are describing. I've been an advocate for irrigation rights and local organic farmers for years and over the past 6 have funneled that knowledge into my residential real estate practice. Please give me a call and I can help you sort out some of the + and - points of different neighborhoods. Plus, I have a listing right now you may be interested in - and old Queen Anne Style Victorian with a passive grey water system that feeds fruit trees and gardens! I can be contacted at (505) 440-6293. Please call so I can learn more about you and you can learn more about me!... more
A VA mortgage is hands down the best option available to those that qualify. The underwriting guidelines are less restrictive than a "regular" mortgage and the interest rates are better as well.
Most lenders require a 620 middle credit score to be eligible for a VA mortgage these days but more & more lenders are pushing that up to 640.
The main concern is whether or not your husband has enough time served in the Navy reserves to qualify under VA's requirements for entitlement.
Here are the guidelines from VA:
Members of the Reserves and National Guard who are not otherwise eligible
for loan guaranty benefits are eligible upon completion of 6 years service in
the Reserves or Guard (unless released earlier due to a service-connected
disability). The applicant must have received an honorable (a general or
under honorable conditions is not qualifying) discharge from such service
unless he or she is either:
• in an inactive status awaiting final discharge, or
• still serving in the Reserves or Guard.
Please feel free to contact me for more information or help with your VA mortgage.
Senior Mortgage Banker
Peoples Bank & Trust Co.
As you can see below, pretty much any agent can search the MLS for active listings meeting your criteria. However as you are likely to realize once you are in the middle of the purchase process... the really valuable thing that a Buyer Broker brings to the buyer is experience, the ability to negotiate, and their skills in educating the buyer about homes, areas, condition, inspections and repairs. You will want to shop for a buyer broker who is open and communicative, who will listen to your concerns - and advocate those concerns to a successful outcome. You will be best served by a Broker who keeps you in the loop and navigates the process for a fair and equitable outcome - keeping your liability low and your satisfaction high. And, here is the most important part, closing that transaction on a good, safe home for a good price in the end!
It looks like one or two of the agents who responded to your question earlier made an honest effort searching for you. If I were you I would call them and have a discussion. Let them know what you want and what is important to you, and see if their area of expertise and communication style seems to fit your lifestyle. Almost everyone starts off shopping for a HOUSE, when really they should shop for an AGENT. I hope this comment adds perspective to your quest.
Best of Luck!... more
There are none 3 bed, 2 bath, single family homes within a 1/2 mile radius. To view property details and all available photos, go to: http://goo.gl/Pmy1T
I can also set you up with FREE listing alerts for the area. You'll know when new listings hit the market or are reduced in price before most agents do. Simply go to: http://www.syan.com/alerts
Syan Real Estate
Call/Text: (5050 730-8181... more