Hello Martha, this will be determined by your credit profile, debt to income ratios, fico scores and how much you want to invest into the down payment and closing costs. It only takes a few dozen questions to qualify and go over your options.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
9am till 7pm Monday thru Saturday, Sundays by appt.
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
If my response was helpful, consider clicking thumbs up or Best Answer!... more
Who pays the closing cost? It can come from the buyer(including gifts), seller or lender(raise interest rate so you actually pay over long haul.) or any combination of those. Most of my clients do lender paid closing cost.
Good Example of 270k conventional loan:
Underwriting $799(This varies from $0 - $1,995 depending on the lender), appraisal $400-500, Credit report $21.50, Misc 3rd party lender fees $100, escrow/Title $1,900, prepaid expenses (Taxes, ins, interest) $2,100. Other cost can include septic cert, roof cert, Home warranty, Pest inspection, home inspection.
C2 Financial Corp.
NMLS 279056, BRE 01438387... more
I have all of my tenants deposit in a local bank account, so that doesn't mean it's a scam. Many of my owners live out of state. Like Don said, what makes you think it's a scam?
If you deal with an 'owner' instead of a Property Management Company, you should do some research to see if it's legitimate.... more
It is customary for the Seller to pay the real estate commissions however you have the ability to offer to relieve the Seller of some of those costs in an effort to make your offer more appealing than competing offers.
If youâ€™d like more information on how to qualify for the purchase, feel free to call me.
Loan Officer at Pacific Funding Mortgage Division, PFMD
DRE License # 01877009
NMLS License # 317122... more
Who knows when the time will be right. I personally think 5 years. For the meantime we can refinace to lower rate if it financially makes sense. If you have FHA loan we can do streamline refi and lower rate. Probably to 3.75% like the others I am doing now. If it is Fannie Mae we can do HARP loan and lower rate. That is the new loan refi program coming in 2 weeks. I can start the loan now and close after March 19 if Fannie Mae conventional... more
Find an agent you like working with. the agents below are all good. In regards to james answer "Letters that come from established lenders like a Bank or Credit Union are stronger than letters from..." I have to respectfully disagree. I just left a very large bank a few months ago and their letter were useless to any agent that knew better. As long as your lender was referred by an agent you should be ok with that end. Big banks and credit unions usually are slower with strickter guidlines. And higher fees per same given rate. Thats just in general. Wells and Kern Schools do better than the others if you are going for large lenders.... more
I do loans for a lot of good realtors for different companies, but Robert Dobbs, the owner and broker for 661 REALTY is a specialist in this area. His # 661-900-1918. He sales mobil homes all the time and has mobil home tracks. He would be a good source to contact, besides the other good options below.... more
That property is showing as PENDING on our MLS. This means that someone has made an offer which was accepted. This is a HUD property and many times they fall out of escrow for one reason or another, check in with me in a week or so and confirm if it is still under contract. It was listed for $45,600 and it a HUD foreclosure. Call me anytime!
Tesa Noonan 661-717-3394
Coldwell Banker Best Realty... more
Are you using a realtor? A realtor can you help discern what is available out there. You shouldn't rule out short sales or foreclosures. There are some great deals out there, timing is everything. You really need a realtor who is knowledgeable and aggressive. What is your time line? Are you wanting to close in time for the tax credit? Maybe you need to consider new construction. As mentioned before D.R. Horton is offering some great deals. However; even if you go new construction, I strongly recommend getting a realtor to represent you. There is no additional cost to you for this. If you are not working with a realtor, I would be more than happy to help you with this.
Cell: 661.978.7101... more
Hello Jim I am a local Realtor in Bakersfield I would be more than happy to email you some properties if you give me a little more information as to what your looking for. Would you be interested in a condo? And what area are you looking for in Bakersfield? Thanks, Lindsay Roberts... more