What area of Hutchinson would you want to buy. I am getting ready to buy a new home and we are interested in doing a lease purchase of our current home. 3 bedroom 1 bath two story with 3/4 basement for laundry and storage.... more
Generally speaking, a lease to own or purchase contract will require a down payment with the contract. Make sure you read or have a legal representative review the contract with you. Each contract can be different, some give you so many months before you go to a lender and complete the sale. Also, check out the "termination" clause, if you chose not to complete the contract, do you lose your down payment?
If you have a decent credit score and are struggling with the down, you might check out an FHA backed loan - the down on those loans are 3.5% of purchase, however you will have to pay for mortgage insurance with that level of down payment.... more
Have you tried contacting the county? What about other neighbors also making a fuss about it to get someone to do something about it? You can always go the hazardous route where their property is unsafe possibly forcing the city to take action. This might just end up with them putting a fence up around the yard, but it is progress. Maybe contact whomever is in charge of your Ward, usually they take action in order to get voters in the area in their corner.... more
Roben, there are a lot of great lenders. Usually your Realtor can reccomend a couple. Do you have a Realtor you are working with? Will you be buying in Hutch? Call or email me and I'd be happy to answer your questions. ~Charlotte... more
It is pretty simple. On the top right of any Trulia page you can see your name when you're logged in. there is a drop-down arrow right next to your name. Point to it and there will be a drop-down menu - Click on My Profile - On the right hand side under the green Trulia banner/ header click on "Edit my profile" - Your profile page will open up with the "Personal Information" field open, but right above that there is the Email and Password category, which is not opened automatically, so you might have overlooked it. To the right of the category header there's a " + " sign (almost transparent), click on the " + " sign and "Email and Password" field will open up.
Here you can change your email address and/ or your password - Click on Save.
Edit my profile
Email and Password
Change and Save... more
Conniefors...really only you can answer this question. I can tell you this, any short sale requires you, the seller to demonstrate hardship.....when you're able to make your monthly payments, kinda hard to show a 'hardship'. As you are have moved and now have a new job, I would focus on establishing my new residence. No one can tell you how soon you can expect an offer on the old property, or what the selling price actually will be.
Hope this helps.... more
First of all your realtor is dead wrong. you cant catch fish without bait so if you have no ads you will have no buyers. you need to insist he advertises or ask to be released and find a broker that is willing to do the job. You should be advertising weekly fri, sat and sundays and in any major papaers rea estate section. also the monthly color bookls such as the real estate book or homes and land work well, the other ones you can do without. you may also want to check your price. have your broker or a new broker do a current brokers price oppinion to see if your price is right. usually the reason for no buyers is no ads or a high price. make sure you are not facing both. to go it alone you will alienate all the brokers in your area who wont be bringing their customners by, find a broker that is willing to WORK for you, not just take a listing. good luck with your sale... more
Who is working for whom?
If you want to make changes to a contract form, even it it's against your agent's advice, then he / she should follow your instructions. Did he / she say why you should not make any changes?... more
Whichever suits your needs and finances better.
Sorry; I know that's not as specific as you'd probably like.
But--based on your question--if you can only afford to purchase something costing $30,000 or less and you don't like what's available, then renting might be your better choice. On the other hand, if you can afford to spend more--if, for instance, you could afford $40,000 and there are some nice, acceptable properties in that price range--then you might want to consider spending a bit more.
Don't worry about what's going to happen to the markets. You ask "Smarter to buy or rent now?" First, no one knows. Second, you shouldn't be in it for the short-term, anyway. No one in today's market should be looking at a 2-year, 3-year, or 4-year time frame. Prices may decline some more. They may be flat. Or, in some markets, they'll likely go up a bit. But figure on holding on to a purchase for 5+ years. At least.
If you think you're going to need some of the money you'd be spending, then don't buy. Only you know the answer to that. But if you have a trusted accountant or tax advisor, run that question past him/her. Make sure you have enough available cash or liquid assets to handle any problems or emergencies that might come up. Definitely do not depend on your real estate purchase to provide additional cash if, at some point, you may need it.
I hope that helps.... more
Cindy, Most FSBO's in Hutch would advertise through the BEE, (or other area newspapers) yard signage and on line sites such as Zillow and Craigs List. However, Hutch is smaller, (more targeted) and Im not sure a huge on line campaign would be the best way to go. Generally, most buyers are working with Realtors and the Realtors are using the MLS in determining which homes to show their buyers. Reports show that 8 out of 10 FSBO's end up listing with an agent in the long run. Im not trying to convert you....just want to make sure you have a clear idea of your situation. The spring market is getting ready to be in full swing and you dont want to "miss out". Best wishes for a quick sale!... more
I am not aware of any properties, with a land contract option, that are available in Hutchinson. However, there are over 275 houses currently for sale in the area!
If you are not working with an agent, my wife and I would be happy to visit with you and your fiance and see if we can help you find the right home! Also, we could suggest a lender who would be able to give you some direction with financing options.
If you have any questions, or need any other information, our contact information is listed on our website.... more