33073 : Questions & Answers

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Michele Stew…, Renter in Coconut Creek, FL
Michele Stewart answered:
how is the crime rate in Coconut Creek, Fl?
I've lived in Coconut Creek for over 15 years. The crime rate here is one of the lowest in the county. It's a wonderful city to live in.
0 votes Share Flag Thu Oct 16, 2014 Home Buying in 33073
Jacob Edri, Real Estate Pro in 33323
Jacob Edri answered:
Self employed and looking for an fha loan
The income you reported is it gross? or Taxable Income? It makes a huge difference; also the deductions will determine your debt to income ratio. private lenders are more flexible then ... more
0 votes Share Flag Wed Jan 15, 2014 Home Buying in 33073
Jacob Edri, Real Estate Pro in 33323
Jacob Edri answered:
i put in a offer on a house that is a short sale on 4/28/09 to this day i still dont have any answers. I am
wow very tough situation


you must speak to your agent and ugre them to contact the bank Representative
0 votes Share Flag Wed Jan 15, 2014 Home Buying in 33073
Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
Is it really possible to buy a house and flip it without having no money?!, I ask this because i was watching an infomercial and they kept saying ther
it's called wholesaling, you need to know investors that will buy a purchase contract from you..
1 vote Share Flag Thu Nov 7, 2013 Home Buying in 33073
Alain Castel…, Real Estate Pro in Weston, FL
Alain Castellanos answered:
We are looking for an owner financed property 2-2 or 3-2 in the Coconut Creek- Deerfield Beach area. We work 3 City jobs between us both..
Good morning mgbarther,

A few important questions that you would need to answer in order to provide you better assistance:
How much of a down payment are you able to put towards you ... more
2 votes Share Flag Fri Sep 6, 2013 Home Buying in 33073
California M…, Other/Just Looking in San Andreas, CA
California Market answered:
my son is an ese student in second grade, I am trying to buy a house around winston park elementary school.
Monica
Have you been prequalified already? Contact me to help you with the mortgage financing.
Marco
0 votes Share Flag Tue Jul 23, 2013 In My Neighborhood in 33073
Barry Dunn, Real Estate Pro in Fort Lauderdale, FL
Barry Dunn answered:
My Condo is underwater and LTV is around 178. Mine is a fannie Mae loan and i qualify under HARP2 Still not able to Refi Asked by Sam, 33073
Sam,

I apologize. I thought I was answering someone else's question when I sent you the answer referring to VA loans.

If you owe nearly twice what the condo is worth, a better q ... more
0 votes Share Flag Sun Apr 28, 2013 Financing in 33073
Barry Dunn, Real Estate Pro in Fort Lauderdale, FL
Barry Dunn answered:
I have a condo underwater and a equity loan with it can i refi and combine the amounts ?
The is a question that is best asked of a mortgage lender, not a Realtor. I will be happy to refer you to one of the excellent lenders in our area.

As a general rule, backs are more ... more
0 votes Share Flag Sun Apr 28, 2013 Financing in 33073
Gary & D…, Real Estate Pro in Coconut Creek, FL
Gary & Deborah Meltzer answered:
how do you find lenders that will pay closing cost on a fha loan of a reo?
If you are still looking please give me a call. I work with a new home builder that will finance FHA, pay your closing costs and is you qualify you may be able to have your down payment ... more
0 votes Share Flag Thu Oct 25, 2012 Home Buying in 33073
Gary & D…, Real Estate Pro in Coconut Creek, FL
Gary & Deborah Meltzer answered:
I am looking into coconut creek area, somewhere around Tradewinds schools, any thoughts on the area?
It is a great area! I lived in South Florida since 1977 and in Regency Lakes, which is located behind Tradewinds Elementary school since 2007. We chose this area after carefully researc ... more
0 votes Share Flag Wed Oct 24, 2012 General Area in 33073
California M…, Other/Just Looking in San Andreas, CA
California Market asked:
Real Estate Agents: How do you understand, and how do you value the need for residential mortgage financing? In recent conversations, I have found the more increasing need from real estate agents to understand the current residential financing market, and the very few financing options available.…
0 votes Share Flag Tue Aug 28, 2012 Financing in 33073
Roy D. Barker…, Real Estate Pro in Coconut Creek, FL
Roy D. Barker, Jr answered:
I was just informed by a mortgage company, that was about to prequalify me for an fha loan that i have a
get an attorney involved immediately. This is an issue in todays market as well and unfortuanetly an all to common one.
0 votes Share Flag Wed May 23, 2012 Home Buying in 33073
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
How can we get a second mortgage bank owner who recently bought the paper to agree to the terms of a pre-approved short sale in Florida?
What happens when there is a short sale is that the 1st mortgage holder gets the bulk of the money, and the bank in second position gets a fraction of what they are owed. Whether you ha ... more
0 votes Share Flag Thu Sep 22, 2011 General Area in 33073
Tom Priester, Real Estate Pro in Jupiter, FL
Tom Priester answered:
Cant get finance for a CourtHouse Auction ... can I have someone with cash buy it and sell it to me.?
JT,

Seems to me like a better bet would be for the friend to loan you the money so you could purchase the home directly and not be stuck paying for doc stamps and other costs on a se ... more
1 vote Share Flag Sat Jun 4, 2011 Foreclosure in 33073
Hannah Flieg…, Real Estate Pro in Larkspur, CA
Hannah Fliegel answered:
a. current home (A) is under water b. Have cash to buy new foreclosure(B). c. Now, foreclose/short sale on (A) d. Will bank grab my new Home (B)?
You can execute this strategy, but it is mortgage fraud with a 25 year sentence in federal prison. Probably you will get out early with good behavior.
There are certainly ways to exec ... more
1 vote Share Flag Sun Aug 8, 2010 Foreclosure in 33073
Angela Jensen…, Real Estate Pro in Coral Springs, FL
Angela Jensen, P.A., GRI answered:
new construction house prices: are they going down?
Hello Monica - okay, we are talking Condos. There are deals to be had in condos especially bank owned properties; and if you are willing to wait it out - there are great short sale dea ... more
0 votes Share Flag Sat May 30, 2009 Market Conditions in 33073
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