Ravenna : Questions & Answers

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Ken Luttrell, Real Estate Pro in Ocala, FL
Ken Luttrell answered:
I filed bancrupcy 2 years ago, am currently debt free with income. credit score is around 600 I beleive. Is it possible to get a mortage?
Once you have made it 2 years past the discharge date, many banks/brokers are allowing mortgages contingent upon credit scores.You can amazingly get a 100% loan! A 600-score may howev ... more
0 votes Share Flag Wed Oct 12, 2011 Home Buying in Ravenna
Derek Bauer,…, Real Estate Pro in Livonia, MI
Derek Bauer, Door to Dreams... answered:
the offer was excpeted by the seller but not the bank yet..yes the agent submitted it as a shorsale package.
There is ONE correct way to handle short sales as a listing listing agent, and many wrong ways. The correct way is to have ONE buyer and seller signed contract with the proper continge ... more
1 vote Share Flag Sun Aug 8, 2010 Home Buying in 49451
Margaret Rod…, Real Estate Pro in Baton Rouge, LA
Margaret Rodrigue answered:
if we put a bid in on a short sale house and someone else somes and puts in a bid does our reltor have to notify us that there was a another bid put?
Short sales are so interesting these days. Some banks accept multiple offers and some do not. Often time the realtor, if she's on the buying side only, won't even know there i ... more
0 votes Share Flag Wed Aug 4, 2010 Home Buying in 49451
Paul Dumke, Real Estate Pro in 49106
Paul Dumke answered:
Do I need to continue to pay for insurance on my home once it has been foreclosed (In Michigan)?
Heath,
Most of the answers posted here are a big help. Most likely the bank will have the property covered. Your renter needs renters insurance to cover personal property, ect. One thi ... more
1 vote Share Flag Wed Jan 6, 2010 Foreclosure in Ravenna
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