If you're going to need a loan... your option is to use some of those substantial savings and money to improve your credit, so that lenders would be willing to take on the risk of loaning to you.... more
Have you gone to that listing and requested more information from a local agent? They would be the best source for help in your search and they very likely would seek commission for the listing agent rather than you if you allowed them to represent you. HAPPY HUNTING!!... more
Is it a listing or public information? If it's listed and the listing info is wrong, then the listing agent needs to correct it. If it is public information then that needs to be updated by the county or town that has it wrong.... more
SEFCU has a mortgage match program that is outstanding. It is about a 10 month or so program, so if you are able to work within that timetable you should call and find out more about it.
Homestead Funding located in Latham has several programs, one that should fit your situation. Mary Musso is very knowledgeable, just go to the site and ask any questions.
Good Luck!!... more
Hi. This camp does not have plumbing.... There isn't a well on the property. The heat source is a wood stove, there is extensive electric. Even a flat screen tv is in the camp. Can I help you with anything else you want to know??... more
If their home is "under priced" as you claim, then just sit back and watch it sell - probably with multiple offers - probably over asking price.
You can sit and watch that happen, or...............you can get in the game and compete with them.
Lower your price.
What they (or you) paid for the home has nothing to do with what it will sell for in today's market.
Their motivation to sell is certainly important, but....I would hope that you're equally motivated.
The fact that it is 500 sq ft larger than your home DOES matter.
How does your home "show" compared to their home?? That matters, too.
If you take your home off the market (don't see any reason to do that), you will still have to deal with their sale price.....if they ultimately sell for less than 500,000 it will set a "comp" for the neighborhood which will make it harder to convince a buyer, or more importantly, an appraiser, that your (smaller) home is worth more.