Home Buying in Bessemer : Questions & Answers

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Sales, Home Buyer in Bessemer, AL
Sales answered:
Are agents a good source for getting Probate leads?
You're welcome to check with us to see if we collecting any counties in your State. www.1stopleadshop.com. We're a small research company, but cover various counties in multiple sta ... more
0 votes Share Flag Sat Jul 11, 2015 Home Buying in Bessemer
Jim Paulson,…, Real Estate Pro in Boise, ID
Jim Paulson, Owner/Broker answered:
Is it possible to buy a home with poor credit and 3% down??
Everyone has their own definition of what "poor credit" or "good credit" is. FHA is typically your best bet for fair interest rates but it is 3.5 % down plus closing costs. There migh ... more
0 votes Share Flag Mon Oct 27, 2014 Home Buying in Bessemer
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Where are the rent to own buyers?
Hopefully buyers will realize rent to own is not a good deal and will avoid them so they don't lose more money fooling with them. Why a seller wants to foll with it usually means they a ... more
0 votes Share Flag Fri Oct 10, 2014 Home Buying in Bessemer
Rodney Mason, Real Estate Pro in Atlanta, GA
Rodney Mason answered:
Are lease option assignments legal in Alabama?
Contracts cannot be assigned so a Buyer would not be able to obtain a mortgage in that case.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Junip ... more
0 votes Share Flag Sun Jun 22, 2014 Home Buying in 35020
Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
we are looking for a lease option to buy....need help...not many realtors have listing available
Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

Key Points of Rent-To-Own:

• Portion of monthly rent payment is set aside by Landlord t ... more
0 votes Share Flag Mon May 19, 2014 Home Buying in 35023
Renee Hamilt…, Real Estate Pro in Hoover, AL
Renee Hamilton answered:
we want to buy a home in birmingham,al, want did we need to do
You should speak with a Realtor or a Loan Officer first. In most cases you will need to have a prequalification letter stating what you can afford. This is information that is only sh ... more
0 votes Share Flag Thu Apr 24, 2014 Home Buying in 35023
Renee Hamilt…, Real Estate Pro in Hoover, AL
Renee Hamilton answered:
We are looking to purchase a home in Alabama. We need to get financing. Is there a mortgage person available to talk.?
I have two fantastic lenders that I work with. Both offer different programs that can benefit a wide range of buyers. Feel free to call or email me with your specific situation and I ... more
0 votes Share Flag Thu Apr 24, 2014 Home Buying in 35023
Aaron Sims,  in Birmingham, AL
Aaron Sims answered:
Any good closing attorneys in Birmingham, AL?
I see you've another older post and no answers. I would recomend Jefferson Title for closings. They handle everything from title searches, can do Power of attorneys if needed for the ... more
0 votes Share Flag Tue Oct 8, 2013 Home Buying in 35020
Aaron Sims,  in Birmingham, AL
Aaron Sims answered:
Where to find new buyer agent?
I see this is an old post, I also see Bessemer as your area and if that is so, I can assure you there are other agents who can provide you with information on homes int he Bessemer area ... more
0 votes Share Flag Tue Oct 8, 2013 Home Buying in 35020
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Home loans with "Poor" credit?
Depends on just how poor the credit is; for a personalized answer visit with any licensed loan officer; keep in mind that there are other factors besides credit that determine mortgage ... more
0 votes Share Flag Mon Jun 10, 2013 Home Buying in Bessemer
Tbodley, Home Buyer in Bessemer, AL
Tbodley asked:
Is it best for RE investors to start off as RE agents? I want to know in case I need or should become an agent one day just to get access to the MLS. I have been hearing a lot of buzz about the great benefits that is offered from the MLS. I…
0 votes Share Flag Thu May 30, 2013 Home Buying in Bessemer
franwatkins9…, Home Seller in Charlotte, NC
franwatkins914 answered:
Where can I find the most recent sold properties?
I have a home available for sale in Bessemer if you are looking for one now. I know you are seeking a list. Did you try asking a local real estate office /bank for their copy?
0 votes Share Flag Sat May 25, 2013 Home Buying in 35020
Rodney Mason, Real Estate Pro in Atlanta, GA
Rodney Mason answered:
How can I afford a home with low income?
It doesnt sound like you are in any position to purchase a home at this time. Since money is a major factor, you may want to consider looking for a higher paying job or getting a part ... more
0 votes Share Flag Thu May 2, 2013 Home Buying in Bessemer
Aaron Sims,  in Birmingham, AL
Aaron Sims answered:
How accurate is Trulia?
Trulia's recent solds come from public record and can be considered accurate. As to what is recent, you'll have ot see if the date of sale is listed to make sure you are not looking at ... more
0 votes Share Flag Thu Feb 7, 2013 Home Buying in 35020
Alan Engman,  in Saint Petersburg, FL
Alan Engman answered:
What is a good way to do a comparative market analysis (comps) on my own?
Speaking as an broker/investor/contractor, I would use a blended value using; Zillow, Eppraisal, Trulia, and the municipality's property appraisers value.

A starting point for ... more
0 votes Share Flag Sat Jan 21, 2012 Home Buying in Bessemer
John Walin, Real Estate Pro in Libertyville, IL
John Walin answered:
Do real estate agents know what wholesaling is?
So this isnt a question, just a way to promote yourself. What exactly is the value add for the consumer? Why not buy a place and cut you out? Thumbs up to you Phil
2 votes Share Flag Sat Jan 21, 2012 Home Buying in Bessemer
Rodney Mason, Real Estate Pro in Atlanta, GA
Rodney Mason answered:
Is there a Birmingham, Alabama buyers agent I can work with?
Below is my contact info if you would like a referral to a Birmingham real estate agent.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St ... more
0 votes Share Flag Sun Jan 15, 2012 Home Buying in Bessemer
Tbodley, Home Buyer in Bessemer, AL
Tbodley asked:
What is the value on 128 59th St N, Birmingham AL 35212 ? What is this home worth and how much does it rent for? I am looking to buy and resell this home. I contacted agents in this area about the property, but no one responded back to me yet.…
0 votes Share Flag Thu Jan 12, 2012 Home Buying in Bessemer
Marc White, Real Estate Pro in Boone, NC
Marc White answered:
What if I can't afford a Real estate agent?
Just talk to the agent upfront about it, they should be able to show you what your expenses will be. You will also want to speak with a bank to make sure you have a good idea of what yo ... more
0 votes Share Flag Wed Aug 31, 2011 Home Buying in Bessemer
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