This is something harder to come by with the market being good and homes selling fairly quickly. It will be on a case by case basis and takes a Realtor that knows the market well. I may know of one or two available. Please contact me personally through my website juliedavishomes.net or 601-259-5169... more
Always, always with a foreclosure. Sometimes folks being asked to leave may damage the property thinking they're hurting the bank. It's actually going to cost the buyer sometimes a huge amount of money to make those repairs, not the bank. I've heard tales of cement in the pipes, cutting the electric and pipes below the home, and even worse. YES, get an inspection and be sure to turn on all the utilities.... more
Both answers below were excellent. In the local Jackson, Ms area there are pockets of neighborhoods where many homes have had foundation work and seem to continue the trend. A structural engineer can only tell you what's there currently, not what can happen in the future. I'd recommend checking with several neighbors as they may add some insight into how often and how severe the repairs have been in the past on not only the home you want to purchase, but also on many of the neighboring homes. People are usually very happy to talk with future neighbors and may be apt to give you a big picture.... more
I'd give it a few weeks then hire a good professional that specializes in Brandon. The market is busy right now and usually when school starts it slows way down. Realtors on average negotiate a higher price than an owner to buyer does and it reduces your liability and chance for error. I specialize in Brandon, have a full-time partner, advertise extensively and have closed over 50 homes since 2012. Give me a call when you're ready. Julie Davis RE/MAX Alliance 601-259-5169... more
I would be glad to help you out. I am currently working with a few clients who are also post-bankruptcy. I work with several lenders in and around Rankin County who can get you on the path to home-ownership. Give me a call/email and I can put you in touch with the right people today!
Keller Williams Realty
Our Values: "God, Family, then Business"
Anything can be repaired, but the dirt under the home will not change. When you say serious foundation problems, that raises a big red flag. No matter how much foundation work is done, the likelihood that you may have more work to be done down the line is pretty good. You may want to reconsider this home choice and look for a home with less issues, at least not major foundation issues. There are so many homes on the market now and great deals to be had. It may pay off for you in the near future to not have to deal with ongoing foundation problems. However, if you think this home is the one for you, then I agree that an FHA product called the 203K is just about the only route to take besides paying cash. With the 203K, you loan amount will be over the sales price by the amount of repairs needed. You will be paying for the repairs in your loan payment.... more
I have lived in this neighborhood for 20 years and have found it to be quite safe. My car was broken into once several years ago and my CD's stolen. Since then I make sure it is ALWAYS locked. Otherwise, there have been no problems. My daughter is now 16 and has always felt safe out walking with friends or riding her bike.... more
My suggestion would be to go into a bank where you do business and have them find our for you. If you were applying for a loan with them, they would have to have your mortgage balance to see what you debpts were. I'm sure they would have a way to get the information.
Mort Floch, Broker/Owner
Premiere Properties Real Estate... more