Home Buying in Warsaw : Questions & Answers

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Dan & Amanda…, Real Estate Pro in Syracuse, IN
Dan & Amanda Harstine answered:
how much would flood insurance be on chapman lakefront 160x100 lot?
I would first suggest that an elevation survey be completed to establish the flood zone area. This may show that the structure in not in the flood plain and flood insurance would not b ... more
0 votes Share Flag Tue Dec 17, 2013 Home Buying in Warsaw
Carolyn Leit…, Real Estate Pro in Warsaw, IN
Carolyn Leiter answered:
I'm looking at a house on chapman lake and taxes are $2331. how much difference will mortgage exempt make?
With a Homestead, Supplemental Homestead (this property must be your primary residence) and Mortgage Exemption your taxes could drop by as much as one half of current taxes.
Your bes ... more
0 votes Share Flag Sat Apr 13, 2013 Home Buying in Warsaw
The Mark Ski…, Real Estate Pro in Warsaw, IN
The Mark Skibowski Team answered:
do you have to have 20% down on your first home buy?
Generally no! There are numerous that allow you to finance with less than 20% down. I'd be happy to put you in touch with a couple of lenders who could help! Feel free to give m ... more
0 votes Share Flag Thu Jan 24, 2013 Home Buying in Warsaw
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Can a buyer back out of Purchasing after inspections, even if the sellers willing to make any or all repairs?
Your agent, and or attorney can better advise, therefore consider asking either party; much will depend on your agreement.
0 votes Share Flag Mon Sep 3, 2012 Home Buying in Warsaw
The Mark Ski…, Real Estate Pro in Warsaw, IN
The Mark Skibowski Team answered:
Are there any incentives in Kosciusko County for first time homebuyers?
Hi Katie...none that I'm aware of! There is a program USDA~ Rural housing that is a 100% financing program~ however there are income limits to qualify. VA (Veterans Administration) fi ... more
0 votes Share Flag Fri Aug 31, 2012 Home Buying in 46580
The Mark Ski…, Real Estate Pro in Warsaw, IN
The Mark Skibowski Team answered:
Our credit is not perfect, but between be and my fiance we bring home 4,000 a month looking to do land contract if possible, any ideas where to start.
Seller financing such as land contracts or lease options are pretty hard to come by. Sellers need to own the house outright or in many cases they are violating the terms of their existi ... more
0 votes Share Flag Sat Mar 12, 2011 Home Buying in 46580
Erik Armstro…, Real Estate Pro in 47802
Erik Armstrong answered:
I recently had an offer accepted on a home - close to asking price. I got the inspection report back and there are concerns. the concerns are:
The way I explain the Inspection Response to my clients is this, "We're looking for elephants not mice." We are looking for the items that Indiana defines as a Major Defe ... more
0 votes Share Flag Fri Jul 2, 2010 Home Buying in 46580
Jody Jones, Real Estate Pro in Elkhart, IN
Jody Jones answered:
We made a cash offer on a home in foreclouser, and it was accepted, with the statement on the paperwork of
Unfortunately Cathy, theres not much you can do. Your agent needs to stay in contact, daily if necessary to get this done. Patience is key when dealing with any short sales or foreclos ... more
0 votes Share Flag Tue Jan 27, 2009 Home Buying in Warsaw
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