There simply is not one best mortgage company. Mortgage companies usually represent many investors and their fee structure is competitively priced with each other. You will find similar rates and loan costs as you start calling different companies. Interest rates will be very similar because they are governed by the financial markets, i.e. the bond market, the stock market and global financial activity as well as the government. The costs associated with the types of loans fluctuate according to your credit, income and assets. Each lender may have a different fee structure and you can save money by shopping around.
My best advice is check with your real estate agent to find who has given their clients the best service and check with your friends who have bought a home recently and see who they have been happy with. Then interview them yourself. It will come down to who you are most comfortable with and trust to work hard for you.
You will find the best person for the job is the one who listens to you and understands what your needs are and answers your questions. It has very little to do with the company they work for.
Good luck with your search.
Senior Loan Officer
Land Home Financial Services
San Diego, California
You would need to have a home inspection completed. All REO properties are always sold As Is without a Seller Property Disclosure Statement.
I don't know of any possible way to find out if a Lead Based Paint inspection has EVER been done. You would not have any certainty on that topic with any property unless it was the original owner selling it.... more
The home at 918 Mulberry in Auburn is actually listed for $155,900, boss. If you would like for me to send you an electronic flyer of that or any other properties in the area, please forward me your email address and I will get them over ASAP. If you'd like to see some listings today or tomorrow, please call, text or email and I will arrange the showings. Good Luck!
I wouldn't put any restrictions on your buyer pool. It could come back to hurt you someday. Suppose you want to move, but can't sell. You might be able to move on, if you could rent out your unit to pay your mortgage. If you are in a resort area, you have prime real estate for investors who may want to rent until they can retire there.
Putting that restriction and removing investors from your perspective buyers will definately have an effect on future home selling as you are removing a portion of buyers from your market. As far as what that would do for values? that's hard to say.
If your HOA is concerned about owners renting, there are other ways around it. You could limit the number of time a year a person can rent their unit, thereby prohibiting weekly rentals or monthly rentals. You could restrict to seasonal rentals, perhaps 2X/year. That would eliminate transient tenants. You could also require board approval for all leases and stipulate they be presented with credit check and/or background check for all potential tenants.
As I myself am an investor, I find the more restrictions, the less likely I am to purchase in the Association. Email me through my website, if you'd like to contact me to discuss this further.... more