How less than perfect is the score? I am able to offering financing to borrower's down to a 620 credit score through either FHA, VA (if you are eligible) and Fannie Mae. I would be happy to speak with you and go over your credit with you to determine what you can do to make impactful improvements to your score if necessary. I can be reached at 866.901.3570 and would be happy to assist you in anyway that I can.
Julie A. Horvath
555 Metro Place North, Suite 320
Dublin, OH 43017
NMLS ID: 563029
866.901.3570 phone... more
In today's competitive market buyers are writing short close times so that their offer is more attractive. 20-28 days in many cases which is about as fast as a loan can be processed. Because of this most transactions are not closing before the agreed upon date however it is completely fine to close earlier if both parties agree to it. Hope this helps!... more
I would have to look at the property to help you assess. And I have done a lot of my own development projects so I do have background, but on the face of it two houses are going to be worth more than two condos. Contact info below if you'd like me to take a look.
Lance R. King
King Realty Group
License # 01384425... more
A bank. Its wise to know how much you can qualify for before you can start looking for a home. Feel free to give me a call to discuss further.
We lend in all 50 states!... more
What exactly is bad credit? You may think it's worse than it is, and then again you may be right. Either way, please be more specific. What is your FICO score?
Contact me if you would like further assistance.... more
You may consider the FHA 203k Streamline program which is for smaller remodel projects from 5K up to 35K and can close within 45 days. For the more extensive projects such as a room addition, new roof, new kitchen or bathrooms, carpet and paint, etc., you may consider the standard 203k which can fund an extensive remodel and include up to 6 months payments in the loan. You can remodel with a loan up to the FHA loan limits per each county which is $729,750 in San Francisco county.
The first step is to determine what work will be done, then the homeowner would obtain an estimate from a licensed contractor. Some banks only allow one contractor, who must sub out the individual contractors and other banks allow multiple contractors, usually up to three different trades. Once you have the numbers together a loan file is assembled and submitted to the banks underwriting department for preliminary approval. The appraisal is completde with the current as is value and the final completed value with all of the scheduled work done. This program allows a maximum loan amount based on 110% of the completed value. The maximum loan amount for a puchase would be 96.5% of the maximum value or for a refinance 97.75% of the maximum value.
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
I believe we re talking about the updates and upgrades here.
When talking about home projects before selling a property, there are so many things to consider.
Here is a good article with a list of improvements and a ROI calculation on www.thisoldhouse.com:
Ultimately, everybody should consider the city and neighborhood they live in, because the remodeling/improvement has to be consistent with the type of home a buyer expects to find there and the buyer's economic power. Also, I would refer to recent sales in the neighborhood and the condition of those properties.
Alina Aeby-Broker Associate
Pacific Union International
A good start would be to lower the price to current market value. Another step is to communicate the new lower price to anyone who has shown an interest thus far. This message could invite them to take a 2nd look. It might also announce 7-10 day offering period with a deadline. This will likely get you several offers.
If you need any open house, marketing or staging information, please let us know!
First of all a realtor will know exactly at what price to set the rent. Secondly we have the resources to list the rental everywhere including and especially on the MLS, thus expanding the potential to find a tenant through all the Realtors in the area...if the property is priced correctly a Realtor will be able to find a tenant in a week to 10 days.... more
I don't specialize in the City; but I can get you a local area expert who can answer that question for you! (Alain Pinel Realtors just opened an office in the City). You & I both know that parking is a premium, please email me & I'll get you to the right person!... more
Street parking in Russian Hill is horrific...I strongly suggest getting a parking spot in a nearby garage as it will save you a half-hour circling Russian Hill to find parking each night after work!... more
Russian Hill is centrally located, walking distance to Polk St. shopping, Union St. shopping, and Chesnut St. shopping. It's easy to walk to the Marina, Pacific Heights, Cow Hollow, North Beach and Union Square. Innumerable buses run to Russian Hill as well from different parts of the city: the 45, 41, 1, and 10. Cable car also available.
The views from Russian Hill are fantastic. The neighborhood is safe and pretty.... more