Financing in Flagstaff : Questions & Answers

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Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
My wife and I both are veterans. We have a house which is using my VA loan. Can we purchase a second home using my wife's VA elgability?
Yes this is permissable. The new home has to be your new primary residence though, and you will need to qualify for both house payments.

Feel free to give me a call if I can be of as ... more
0 votes Share Flag Tue Sep 3, 2013 Financing in Flagstaff
Joycelewis412, Home Buyer in Sacramento, CA
Joycelewis412 answered:
August 5th will be my 2 year time frame after our discharged bankruptcy. I would like to secure a loan now, is that possible?
There is a site that will help you determine if you can qualify for a refinance after short sale, foreclosure, or filing bankruptcy. Check out http://www.whywaitbuytoday.com
0 votes Share Flag Sun Aug 11, 2013 Financing in Flagstaff
Dusty Rhoton, Real Estate Pro in Flagstaff, AZ
Dusty Rhoton answered:
who is buying comercial properties right now?
Robert;

It is a diverse group who are purchasing the commercial properties right now since stringent financing is still in place in the wake of mortgage disruptions.

I have a comm ... more
0 votes Share Flag Wed Mar 28, 2012 Financing in Flagstaff
* Loren Hoboy…, Real Estate Pro in Goodyear, AZ
* Loren Hoboy * answered:
As a potential first-time home buyer, can it qualify as my "primary" residence, not "secondary"?
Let's try again:
See text copied below, from the IRS Regulations under I.R.C. Section 121.

PRINCIPAL RESIDENCE.
In the case of a taxpayer using more than one property as a res ... more
1 vote Share Flag Tue Sep 21, 2010 Financing in Flagstaff
Brian Carden…, Real Estate Pro in Scottsdale, AZ
Brian Cardenas answered:
private investor financing
Pros - simple, quick process with minimal documentation and easy credit criteria. Good for a short term financing option where you have a definite exit strategy.

Cons - high cost, h ... more
0 votes Share Flag Tue Sep 21, 2010 Financing in Flagstaff
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