Hi Janelle, Are you looking for a rental or to purchase? Please feel free to give our office a call either way at 775-885-5055. We have great teams for both. If you are looking to purchase I would love to have the chance to be your Realtor. Thank you for your time!
Valley Realty and Management... more
I believe you will have to wait the full 7 year period however this is a great question for a lender. I recommend calling Shayla Gifford at Guild Mortgage 775-200-0155. She is a knowledge powerhouse and will definitely be able to give you the answers you need.... more
Low cost homes in large subdivisions sell for $100-120 per sq. ft, homes in upscale subdivisions sell for $150-160 per sq. ft and high quality homes with city views and forested lots sell for $180-200 per sq. ft.... more
Many people have invested in solar heating in this area, however due high heat in summer and freezing temperatures at night in the winter most systems have been removed. Solar panels to gather energy is now more popular but very seldom used. Millions of dollars have been spent in Nevada to promote geothermal enery but so far it hasn't been self supporting or cost effective.
In the remote areas of Nevada, solar panels and wind turbines are combined with back up generators to provide electricity where it is not avalable.... more
It depends on the Home Owner's Association. It could be monthly, quarterly, or annually. If you want me to look up the HOA fees for a particular listing, please call me at 775-721-2135 or e-mail me at firstname.lastname@example.org.
Shane Martin, Realtor
Coldwell Banker Select Real Estate
When you find a home that is being handled through the HomePath program the realtor you are working with can help you with that.
Are you looking In the greater Carson City NV areas?
If so, please allow me to put my over 25 successful years in real estate to work for you. Negotiating the best price on the home you choose us my specialty. And finding you the most advantageous mortgage package as well.
I would love to show you the beautiful areas of Carsin Valley and all that awaits you here.
Call me when you are ready.
Lake Side Properties
James you should first meet with a locl and trusted loan officer who completes VA loans. They can look at all of your financials and credit report to see what is keeping your scrore down and how you can improve it. Without doing that step anyone is guessing. Good luck with working things out... more
I would say that you definitely can get financed, especially with that much more time under your belt. You need a good lender to set you up and walk you through. FHA will be a good bet. Good lenders to call would be Jake Fair ... email@example.com or call him at 775-790-1390 or Kim Marcarelli at firstname.lastname@example.org , call her at 775-901-0702
RE/MAX Realty Affiliates
1320 Hwy 395
Gardnerville, NV 89410
Yikes ...that is a loaded question! Price Point? Neighborhood? Are we putting a modular on a lot or building a $500,000 custom?
RE/MAX Realty Affiliates
1320 Hwy 395
Gardnerville, NV 89410
See an accountant for the ramifications of exchanging.
I've seen a number of questions on exchanging but, frankly, haven't heard any success stories. And, really, that's not surprising. Consider: You have two homes in San Diego. First, how many people in San Diego would be interested in buying one of those homes? Each has their own criteria about number of bedrooms, number of bathrooms, maybe school district, maybe house style, and so on. Each also has a price figure in mind. If you home were priced properly and heavily marketed in San Diego, how long would it take to find one qualified purchaser who wanted your home? 60 days? 90 days? 120 days?
But now, consider: You're not trying to find a buyer in San Diego for your home. You're trying to find a buyer in Carson City, Nevada. Someone who has the same criteria regarding bedrooms, bathrooms, location, and price. I'll bet there aren't too many in Carson City. And if it would take you, let's say, 60 days of good marketing in San Diego to find someone interested in your San Diego property, how long will it take to find someone in Carson City?
Meanwhile, you need to find a suitable home in Carson City. I'm sure you've got some criteria, too, regarding number of bedrooms, number of baths, general location, and so on. So even if you found someone in Carson City interested in your San Diego property, you might well not be interested in their Carson City property.
But let's say you beat the odds and you find an acceptable home in Carson City, and those folks consider your home in San Diego acceptable. You're talking about an exchange. Fair enough. But what happens if there's a substantial difference in equity? For instance, your home in San Diego is worth $600,000, with $400,000 in equity. The home in Carson City is worth $600,000, with $100,000 in equity. If you exchange homes, you'll immediately lose $300,000 in equity. Ouch!
Meanwhile--and recognize I'm not a lawyer or an accountant--if the two of you simply exchange the properties (you deed your property to the Carson City folks, and they deed their property to you), if the mortgages remain in place both of you have just violated the lenders' due on sale clauses.
In brief, the likelihood of achieving a successful exchange seems pretty remote.
Look: If you aren't in a position to sell your San Diego properties, then you can't. But recognize that renting a home is not "wasting our money." You need a place to live. And rent provides that.
If you want to buy a property (or assume an interest in a property) in Carson City, there are plenty of ways to do that. You can lease-option a property. Or do a contract for deed. Or there's a nice technique using land trusts. Or acquire a property "subject to" (subject to the existing financing). None of these require new loans up front. At some point in the future you'd refinance/finance the property. But in the meantime you'd control the property and be building up equity.
Hope that helps.... more
RESPA is about closing costs and settlement procedures. RESPA requires that consumers receive disclosures at various times in the transaction and outlaws kickbacks that increase the cost of settlement services. RESPA is a HUD consumer protection statute designed to help homebuyers be better shoppers in the home buying process, and is enforced by HUD.... more
The only solution for you is to look into a Short Sale if you want to get out of your present location by selling.
Have you tried to modify your loan? You might qualify for a HAFA Pre-Approved Short Sale which would be the best path, least impactive on your credit report among other things.
This topic is complex and doesn't have an easy answer because so much is determined by your personal situation. Questions need to be addressed like ... Do you have cash reserves? Do you have equity in other properties or assets like stocks? Lenders may forgive a portion of the debt if you have no other means to repay them, they may not if you do.
If you simply want a different residence have you considered renting your present home and moving into another home ... either renting or possibly buying a different house. With the rental income you receive from your present home you may be able to qualify to buy a second home. That may enable you to take advantage of the low prices today and allow time for the market to heal and restore some or all of the value to your condo.
As you can see the answer to your question has many facets, I suggest you need a "face to face” appointment to explore your options and formulate a plan for you to move forward. We’d be happy to meet with you for a consultation. Regardless, make sure that any agent you chose has the experience and training to give you sound advice! You have a lot to consider here!... more