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All Locations : Nationwide Real Estate Advice

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  • Home Buying264K
  • Home Selling45K
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Activity 504,846
A few minutes ago
Odonkem asked:
how do you search for homes in states by excellent weather (no snow or little)?
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A few minutes ago
Hallie answered:
I am preparing my first CMA and there are few comps in the area. What would be a typical adjustment amount for an extra bedroom? Subject has 4 bedrooms, one comp has 5 bedrooms and another has 6. I need to present tomorrow, so any suggestions would be appreciated. ... more
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A few hours ago
Tourieldlillian answered:
Hi Jonson,

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... more
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A few hours ago
Oneway1370.tm asked:
A few hours ago
Kathy Burgreen answered:
I’m a VP of my co-op Board in Westchester County and a former realtor. There is no law in NYC or the suburbs that says a coop Board sets the minimum sale price in order for you to sell your coop. You are free to sell your coop for as little as you want. The issue is coop Boards are afraid of their own units declining in value if your unit sells for less than what it’s worth. Realtors value coop units based on similar apartments that have recently sold, so if you sell yours for $_____ and the shareholder upstairs from you wants to sell their unit for $50,000. more, no buyer will pay $50,000. more because buyers will get proof that your unit sold for $50K less.

This explains why coop Boards want to set minimum sale prices for coop units in your building. Every building is different and not all Boards set minimum prices. Unfortunately your coop Board does. I would try negotiating with your coop Board and see if you can score some points. Also try working with an experienced real estate agent who has already sold in your building.
... more
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A few hours ago
570wstocker asked:
Im working with listing agent and she did not provide the SQR untill all the contingencies are removed.
There is a odor that listing agent said is cat odor and the seller marked NO on that…
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A few hours ago
Melissa Watterson answered:
I should add that we are currently pre approved buyers but have to do FHA. The land contract payment & the payment for 30k is still about $400 less a month than just financing with FHA due to all the fees. We would refi everything into conventional in 1-2years. ... more
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A few hours ago
Kimberly asked:
Recently we sold our 1st house purchased with an FHA loan. We are under the impression it’s just for first time homeowners... We made a small profit but not 20% worth. My question is are…
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A few hours ago
Siriswarna asked:
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A few hours ago
Siriswarna asked:
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A few hours ago
Frank S. answered:
Hello Sue, why short term lease? You did not mention how many bedrooms, baths or the maximum payment you are looking to afford? You may have to put additional deposits as well for pet deposits.

The rentals in Thousand Oaks start from $1,335 for a studio apt, If you figure out what cites/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Check out the web reference link below...
... more
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A few hours ago
Frank S. answered:
Hello Stephanie, why are you inquiring on lease to own? What are your fico scores or credit issues? Do you have credit issues, BK, short sale, foreclosure or deed in lieu? You may qualify FHA with 2k in unpaid collections and more with a payment factor counted towards your DTI.

You should study RENT vs BUY listings as you may qualify to buy and pay less than rent in GA. How much do you pay in rent and what is the maximum payment you are looking to afford?

If you figure out what cities/zip codes you are considering, minimum number of bedrooms, baths and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria.

Your qualifications will be determined by your credit profile, debt to income ratio, fico scores, loan programs and how much you want to invest into the purchase.

Are you inquiring on financing in GA? If so you may consider 3.5% down FHA from a minimum 580 fico score and 3% down conventional from a minimum 620 fico score. If you have lower scores between 500-579 you may consider 10% down FHA.

Your scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary. Do not disqualify yourself and get pre-approved today. Check out the web reference link below...
... more
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A few hours ago
Jterry9807 answered:
I'd recommend https://www.wanttosellnow.com . Purchased my house when I needed to relocate quickly for work. They are BBB accredited and will give you a fair price. Very professional and easy to work with. ... more
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A few hours ago
Ramesh Arumugam asked:
I am planning to buy a single bedroom in my area. So I had a look at an apartment and I really liked it, It was posted for 85K. But the town property card was having the latest appraised…
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A few hours ago
Christina Blevins asked:
Went under contract today for 417k home. Lender pre approved us and was told could get 3 of the 3.5% down payment grant. Nothing has changed since pre approved but was told income too much…
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Earlier today
Jrossi1635 answered:
Hi I forgot to disclose that my water softener was a rental now the owner 6 years ago wants a settlement as, they have been paying the rental but was not in the offer
0 votes 7 answers Share Flag
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