Financing in Annapolis : Questions & Answers

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Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
How much down payment do you need for loan to purchase a lot and have home built?
It depends on many factors. Rather than quote what I knew to be the case last I checked, which may be wrong now, please talk to a lender who does Construction Loans. These ar ... more
0 votes Share Flag Sun May 4, 2014 Financing in Annapolis
Miekeba Jones, Real Estate Pro in 20903
Miekeba Jones answered:
Can you use an FHA 301k construction loan to buy an REO property?
Hi Britt! Consult a mortgage lender.
0 votes Share Flag Sun Feb 10, 2013 Financing in Annapolis
Curtis LeMay, Real Estate Pro in 21061
Curtis LeMay answered:
My husband and I are looking to purchase a new home. Our situation is a bit complex and we are looking for some advice from seasoned brokers.
my advice be patient
i would gather all for financies meet with a lender before you get to involved
good luck
0 votes Share Flag Thu Dec 13, 2012 Financing in Annapolis
Akil Walker, Real Estate Pro in Bowie, MD
Akil Walker answered:
Is Home Ownership still the American Dream?
great question Mr. Poretz.

I believe purchasing real estate is still a great opportunity for many people for the long term. if there is anything we have learned from the last couple ... more
0 votes Share Flag Mon Feb 14, 2011 Financing in Annapolis
Dante, Real Estate Pro in 48170
Dante answered:
What is a short sale?
A "SHORT SALE" has nothing to do with speeding up the selling process. Short sales actually may take longer because the sale is subject to 3rd party (bank) approval. The term comes from ... more
3 votes Share Flag Sat Jul 31, 2010 Financing in 21401
Voices Member,  in
Voices Member answered:
Is there a good web site to find out about 203B rehab loans?
203k Streamline is a great product, just had a client use one - buyer can get up to 10% above appraisal price as a 2nd loan - buyer has to get bids for what they want to do , new applia ... more
0 votes Share Flag Wed Nov 18, 2009 Financing in Annapolis
CubbieFan, Both Buyer and Seller in Stevensville, MD
CubbieFan answered:
Question about HELOC
Would cashout refinance on investment property be a possible solution? But then again... would the rate be higher than primary residence? Or would it be compatible with primary resid ... more
0 votes Share Flag Tue Aug 25, 2009 Financing in Annapolis
Michele Hagan, Real Estate Pro in 21146
Michele Hagan answered:
How much assets need to get a good loan?
If I am understanding your question, you want to know how much liquid assets are needed to purchase a home. The answer is it depends! If your price range qualifies for FHA financing you ... more
0 votes Share Flag Tue Apr 21, 2009 Financing in 21401
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