Home Buying in Pawtucket : Questions & Answers

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Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
my question is do I need to agree on a pmi on a mortgage loan
I am not quite sure what your question is, as this house is listed for $85,000, and you are talking about a $90,000 loan. If you are considering an FHA 203K loan, then you would be payi ... more
0 votes Share Flag Tue Dec 17, 2013 Home Buying in Pawtucket
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
What to do about a short sale?
what do you need to know?
you need to know that you can't be sure if a closing will ever take place...............

why do you want to buy a short sale?

If you are interested in b ... more
0 votes Share Flag Thu Aug 9, 2012 Home Buying in 02861
Joseph Del S…, Real Estate Pro in East Greenwich, RI
Joseph Del Sesto answered:
FHA down payment is currently 3.50% but what do the banks require? is it 3.50 or 5%
Helen. The down payment is 3.5%. I also have a lender who will do a conventional loan for 3% down payment with no up front or monthly PMI. Contact me at Joe@joedelsesto.com or visit my ... more
0 votes Share Flag Mon Apr 16, 2012 Home Buying in 02861
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
can i buy a house with only $3,000 down?
Sure, there are plenty of financing programs available to allow that. But, much more importantly, you need to have a stable and sufficient source of income to cover the monthly mortgag ... more
0 votes Share Flag Mon Oct 8, 2012 Home Buying in Pawtucket
Alan May, Real Estate Pro in Evanston, IL
Alan May answered:
What is a better deal. Go back and forth and take time to negotiate a sale price below list or agree to pay list price but ask for 6% back for close
harold - in today's funky lending market, many lenders will not allow a 6% credit at closing. Check with your lender, first, to make sure they will allow such a credit (and in wha ... more
0 votes Share Flag Mon Oct 17, 2011 Home Buying in Pawtucket
Eric Hanlon -…, Real Estate Pro in 02021
Eric Hanlon - Realtor answered:
What percentage below a listing price should I expect to purchase a home in this buyers market?
Hi Harold. That is a difficult question to answer. It has more to do with how the house is priced and knowing what it is really worth than trying to figure out a "percentage" ... more
0 votes Share Flag Mon Oct 17, 2011 Home Buying in Pawtucket
Christopher…, Real Estate Pro in Cumberland, RI
Christopher Cox answered:
if i buy a foreclosure in pawtucket, ri am i responsible for back taxes
Hi Rebeccalee,

It will depend. If you buy it at a "foreclosure auction" then yes, you would be responsible for any municpical liens(taxes, water, sewer...etc). However, if you buy ... more
0 votes Share Flag Fri Jun 19, 2009 Home Buying in 02861
Alayna Berek,…, Real Estate Pro in Rhode Island
Alayna Berek, RI Realtor® answered:
Are you still sell this property?
Unfortunately, the question does not link to the property so I don't know which property you are referring to.
0 votes Share Flag Wed Nov 5, 2008 Home Buying in Pawtucket
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