Home Buying in Tempe : Questions & Answers

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James Wehner, Real Estate Pro in South Scottsdale, Sc...
James Wehner answered:
Can you do a harp loAn twice??
Unfortunately, you only get one chance.
0 votes Share Flag Sat Apr 12, 2014 Home Buying in Tempe
Ron, Kristina…, Real Estate Pro in Tempe, AZ
Ron, Kristina Wilczek answered:
How do I find properties that are rent with the option to buy?
As mentioned above there are some pretty strong opinions in this area. I did nothing but lease purchases, lease options, and wrap around mortgages for the first 2 years I was a Realtor. ... more
0 votes Share Flag Mon Apr 7, 2014 Home Buying in Tempe
Bryan Horn, Real Estate Pro in Pacific Grove, CA
Bryan Horn answered:
when the listing says no rental, does that mean i can't rent the place to anyone (include relatives)?
The reason why HOA's or Condo complex management won't allow you to purchase it as a rental is because once there are more than 50% non-owner occupied units in the complex, a mortgage w ... more
0 votes Share Flag Tue Jan 7, 2014 Home Buying in Tempe
Omar Khamisa, Real Estate Pro in Stockton, CA
Omar Khamisa answered:
question: my son and i bought a house together. He alone took a loan against the credit for a 2nd mortgage. The second mortgage went into
Hi momcheeze

i am not sure how 2nd mortgage added with out your permission. you should consult with lawyer i am pretty sure 2nd mortgage can not evict you but they do hold 2nd posit ... more
0 votes Share Flag Sun Dec 29, 2013 Home Buying in Tempe
Jonathan Dal…, Real Estate Pro in Phoenix, AZ
Jonathan Dalton answered:
Are there more investors coming into the Arizona real estate market now than in 2012?
Most likely less, aside from speculators and weekend warriors who think the market will keep soaring the way it has for some time to come.
0 votes Share Flag Tue Aug 13, 2013 Home Buying in Tempe
hbcpl1, Home Buyer in Tempe, AZ
hbcpl1 answered:
Good Day, I am looking to relocate to the Tempe area for school. Do first time buyers that want to buy out right qualify for grants in Mariposa?
Everyone thank you for your replies.

It is hard to become a resident if one has not moved to the area yet. I will be a resident once I move as I will be there for Med School so tha ... more
0 votes Share Flag Mon Aug 12, 2013 Home Buying in Tempe
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Jennie Miller PLLC answered:
Where can I find an underwriter for a home loan?
An underwriter is someone who makes decisions on the loan for a home. The loan officer should have been able to catch this when they initially spoke to you. Did this lender provide yo ... more
0 votes Share Flag Mon May 20, 2013 Home Buying in Tempe
Grace   Adew…, Real Estate Pro in Phoenix, AZ
Grace Adewumi answered:
Finding an apartment while house hunting?
Do you have a particular area in mind? Please feel free to call or e-mail me and I can help you find a perfect place to rent.
Grace Adewumi
Realty One Group
602-769-0890
gracea@real ... more
0 votes Share Flag Fri Dec 7, 2012 Home Buying in Tempe
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Jennie Miller PLLC answered:
Can I buy a home 2 yrs after I did a short sale? Would downpayment need to be 20%? I have good credit score.
I work with several lenders that can take a look at your situation. Please let me know if you want me to send you a list of their names and numbers.
0 votes Share Flag Thu Nov 29, 2012 Home Buying in 85281
Paul Parshley, Real Estate Pro in Tempe, AZ
Paul Parshley answered:
Couple questions regarding a first time homebuyer in Tempe, AZ
The Home in 5 program is open to all buyers with a combined income under $90,000. It offers 5% of the loan amount toward, down payment and closing costs on and FHA, VA or USDA loan. Cal ... more
0 votes Share Flag Mon Nov 5, 2012 Home Buying in Tempe
Stephanie We…, Real Estate Pro in Gilbert, AZ
Stephanie Weiss answered:
I am moving to the Phoenix area in January. Should I wait until the move to start shopping?
Inventory is going down and pricing is going up. There are approximately 1800+ condos/townhomes available in the entire Phx metro area as of today. I would find you're agent in the nex ... more
0 votes Share Flag Fri Sep 28, 2012 Home Buying in Tempe
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Jennie Miller PLLC answered:
I'm 37 yrs old and just starting to look for a house to buy. To say the least I'm shocked at all the ridiculous priced houses that are
There are not a lot of homes on the market right now and inventory levels are low. There are a lot investors that have purchased homes, renovated them, and are now reselling them. The ... more
0 votes Share Flag Sun Aug 19, 2012 Home Buying in Tempe
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Jennie Miller PLLC answered:
Already know what to buy. Is it possible to ask the buyer's agent to lower commission?
Wow! This question has certainly generated a very heated debate. I would be happy to work with you and help you successfully negotiate a purchase contract on the home. I have extensi ... more
0 votes Share Flag Sun Jul 15, 2012 Home Buying in Tempe
Susan Lehmku…, Real Estate Pro in Peoria, AZ
Susan Lehmkuhl answered:
If a house is currently a short sale, there have been no offers put in and it is set for foreclosure on 5/27
May 27th is a long ways off, so chances of getting an offer are pretty good if it's priced right. Hopefully you are working with a qualified, educated realtor who has experience i ... more
0 votes Share Flag Thu Dec 22, 2011 Home Buying in 85281
BoulderSuZ, Real Estate Pro in Longmont, CO
BoulderSuZ answered:
Another question - Condo and townhomes vs. house.
||||||| UPDATE: June 5, 2011

You'll find sometimes wide differences between the two when comparing home vs. townhome, particularly when it comes to HOA fees. Homeowners purchase ... more
1 vote Share Flag Sun Jun 5, 2011 Home Buying in Tempe
Mikel Defran…, Real Estate Pro in Milton, MA
Mikel Defrancesco answered:
What does Equator participant mean concerning a short sale?
It means if your agent doesn't know what Equator is... you probably should find one that does. It's a website / document input and tracking system.
0 votes Share Flag Fri May 6, 2011 Home Buying in 85281
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I want to find out if a friend bought a house in tempe, AZ around march april 2011. how would i do that?
County tax records office would have the information AS long as home purchased in their name NOT a trust, corporation or etc.

Lynn911 Dallas Realtor & Consultant, Loan Officer, ... more
0 votes Share Flag Sat Apr 30, 2011 Home Buying in Tempe
Brenda Cunni…, Real Estate Pro in Gilbert, AZ
Brenda Cunningham answered:
My Wife and I are looking to buy in tempe is there any good areas that people can recommend?
It will depend upon what your price range is and if you like older homes or newer homes. There are many great areas in Tempe. I you want an area that your kids can walk to all the sch ... more
0 votes Share Flag Fri Mar 4, 2011 Home Buying in Tempe
Doug McVinua, Real Estate Pro in 85295
Doug McVinua answered:
I am looking to buy a condo/co-op....
Dag

Not sure why you would want to avoid bank owned? Short Sales are very different and need to be approached cautiously as some do take months and many don't ever close. Some S ... more
0 votes Share Flag Sun Jan 30, 2011 Home Buying in Tempe
James Wehner, Real Estate Pro in South Scottsdale, Sc...
James Wehner answered:
What banks are faster in approving their REO offers?
I don't know if I would ask which bank is fastest, I think it's the REO agents that need to be quicker to respond. A large number of REO agents in our area are not the most re ... more
0 votes Share Flag Sat Jan 8, 2011 Home Buying in Tempe
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