I would suggest you try the regular rental sites:
http://www.trulia.com (Rentals Section)
http://www.zillow.com (Rentals Section)
http://www.realtor.com (Rentals Section)
Between all of those, you will get a very clear picture if you can find what you are looking for. Good luck!... more
Rule of Thumb = if no one comes to see it something is turning off buyers to want to come.
price, location, pictures, something they see is making them not come
Rule of Thumb = if they come and don't buy something there is turning them off.
price, location, condition, neighbors, views, something they don't like
Sounds like your Realtor might have it priced wrong.... more
If you are needing to sell the home (in your home state) first before moving to the new state, realtors are familiar with that common life situation. Let's say you have located the home you wish to buy in your new state. When your realtor submits the offer, he/she will likely include that this offer includes a contingency on the sale of the home in the original state.
Or maybe it is that you're just thinking about the difficulties of wrapping up life in one state, getting utilities turned off, deposits returned, mail forwarded, furniture in storage, movers hired -- and then, with as few disruptions as possible, getting utilities connected, deposits made, mail received, furniture unpacked, and a new job or school started in your new place.
Change is good. It forces us to see from a new perspective. And if your change involves moving to the middle Tennessee area, please let me know. I'm happy to help!... more
For their program, GA Dream requires a 620+ minimum credit score. Down payment assistance programs such as GA Dream, do not allow the Borrower to own any other properties at the time of closing. To qualify for such a program, you would first need to sell your NY property. Unless you first sell that home, you would need to begin saving for your own down payment. You can also get a gift from a family member.
For an FHA mortgage, most lenders require a 640+ credit score since 2008/2009.
Prospect Mortgage is one of the few direct lenders to offer an FHA 580-639 FICO loan program. Credit profile is a major factor in a mortgage approval. Generally, there should be no late payments, new collections accounts/charge-offs/liens/judgments in the last 12 months. It is required that all open collection accounts must be paid in full if their cumulative balances exceed $1,000.
The 3.5% minimum down payment can be from the borrowers own funds or it can be gifted from a family member. Two months of reserves for the PITI (Principal + Interest + Taxes + Insurance) payment + HOA Dues will be required. This must be from the borrower’s own funds and not a gift. FHA loans will allow a seller contribution toward closing costs/pre-paids of up to 6% of the sales price.
To begin improving your credit score, you would need to contact each of your creditors directly to see what your options are. Paying off derogatory debt will help improve your credit score in the long run, but not immediately.
With collection accounts, most of the damage is done when they are initially placed on your credit report. Some collection companies are now reporting you are late each month the debt goes unpaid. This continues to drag on many people’s credit scores each month until the debt is paid in full. Until you do that, your credit score has little chance of improving.
In exchange for paying the collection account in full, you can try to negotiate to have them completely remove the derogatory item once the payment is received. Some collection agencies will do this, while others will not. You will just have to ask each one and see. If they will not remove it, just having it paid and closed will help in the long run.
All liens and judgments will also need to be paid in full. These impact the title position of a mortgage so they must be satisfied.
It is very important that you be VERY careful in disputing accounts. You cannot dispute accounts which you know to be accurate. For a mortgage, you cannot have an active and open account that has a disputed status. Fannie Mae/Freddie Mac/HUD all have very specific guidelines to be followed when a borrower has an account in a disputed status. In some cases, it could cause you not to be able to qualify.
To build positive credit, you typically need to have 2-3 trade lines reporting for 12-24 months. There should be no late payments or other derogatory items reported in the last 12-24 months. On your Revolving credit accounts, your outstanding balance on your monthly statement should not exceed 30% of the credit limit.
If you are looking to purchase a property, working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your mortgage options. To get Pre-Qualified for your purchase, you can submit your request online at www.rodneymason.com to get started.
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.
Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203(k) Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
It all depends on where you are commuting to and from, Tyrone and Dawn Blakmajik. If going west into downtown Atlanta, there would likely be a 25-30 minute drive in the heart of rush hour, unless there was an accident or extreme weather. If going east, towards where we live, you could probably drive twice as far in less than half the time. Please call, text or email if we can provide further assistance. Good Luck!
You need to find a Realtor you like and trust will do a good job for you. I don't recommend anyone trying to do this process on their own.
Contact me if you to discuss process.
Althea Morris... more
Have you considered what you will do when it comes to financing? Someone in your situation should consider looking into a Foreign National Mortgage. These loans are meant for non-residences who are seeking a home loan in the United States. The minimum down payment for these types of loans are usually around 20%. Lenders, like myself, can give out these types of loans for non-residences who want a mortgage in the United States. I would recommend speaking with a lender like myself who would be more than willing to help you out.
Well I hope this helps! If you have any further questions or if you need a loan, feel free to contact me. Also, if you found this helpful please leave me a recommendation if you can!
NMLS # 659743... more