Yes, quite possibly. Wells Fargo has programs that will allow financing down to a 500 score (but the lower the score, the more down payment they require). They will also look at other items, like your debt to income ratio (how much you owe vs. how much you earn), payment history, ability to make a down payment and have required cash reserves, etc.
Give me a call if you'd like...I work in Clayton and Henry county mostly and would love to help you!
Keller Williams Realty Atlanta Partners - Stockbridge, GA
If you will share your expected monthly rental with me, Norman, I will email you some available homes in that price range there for lease. You may phone or email me at your earliest convenience. Good Luck!
never heard of it. I will be interested to read responses to this post. Where did you hear about this? I'm wondering if you have misinterpreted something or it's something new that I need to know about! Thanks for the post.... more
Every county in California holds Sheriff's foreclosure auctions. Check with the Sheriff's office for timing. In my county (Contra Costa) they are held at 10:00AM and 1:30 PM Monday through Thursday.... more
They start the home at a minimum reserve price. This is usually what the bank needs to recoup their money and any fees incurred, or at the very least, a good portion of it. If no one bids, then the home will go on the market just like any other home. Many times the reserve price is actually higher than the value of the home, so you won't see anyone bidding. I would recommend going to an auction, observing, and asking some of the bidders some questions. Most shouldn't mind giving you some helpful advice.... more
I am seeing more and more small business going under weekly. I am in Cartersville, north of Kennesaw Ga. I am seeing and hearing large resturant chains are closely certain locations because people have cut back and are not eating out as much. There are becoming alot of empty commerical buildings on the market. We just had a group of Drs move out of a building we own. It has been on the market for 3 months to lease or purchase and we got an offer yesterday that is about 70% of listing price. This market is a killer unless your an investor buying up very low and sitting tight for a few years to come. I think from everything I am reading and seminars we are attending this is going to last well into 2011 and possibly longer. We know of at least 3 large national banks that will be closing their doors very soon. And there are more to follow. Clintion, Obama and McCain certainly have their work cut out for them.... more
The HOA dues and any increases are dictated by the covenants of the community. Typically a 200% increase would probably not be allowed unless voted on and passed by the members of the association. In most bylaws that I have read it would take a 67% majority of all members to pass an increase like this.... more