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All Locations : Nationwide Real Estate Advice

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Activity 504,851
A few hours ago
Loganleoo answered:
FHA loans offer some great benefits, especially for first-time homebuyers: lower down payment amounts, more flexible underwriting terms, lower mortgage insurance rates. These benefits extend to the 203k rehab loans too.

Many of the state and local down payment assistance programs cab be combined witht the FHA 203k loan to purchase and renovate a residential property.
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A few hours ago
Loganleoo answered:
Not all mortgage companies are approved to offer FHA loan products. Even among FHA approved lenders, very few have the necessary experience and expertise to offer 203k renovation loans. You can search for the FHA approved lenders in your area by visiting the HUD website. Find out more here: http://fha203kloan.org/ ... more
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A few hours ago
Loganleoo answered:
There are several differences between FHA 203(k) home loans and Standard FHA 203(b) home loans, but the primary difference is that the 203(k) home loan is used for home purchases requiring repairs. FHA 203(b) can be used for regular purchase or refinance of a residential property.

http://fha203kloan.org
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A few hours ago
Loganleoo answered:
Finding the right general contractor is critical for the proper completion of a 203k rehab project. One should talk to trustworthy people that may have worked with contractors in the recent past. Realtors, property investors, architects, builders and agents are a good pool of people to consult when finding the right 203k contractor.

Learn more about the steps you need to take to find a contractor for finishing up your renovation work here: http://fha203kloan.org/
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A few hours ago
Peter.kartanos asked:
A few hours ago
Nikitagadekar14 asked:
Simply for to make your life easier. Yes! This software has plenty of useful modules that will make things easier for you.

Upayogee.com is a website for maintaining the day-to-day activities…
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A few hours ago
Rongrongmonkey asked:
Rs3gold provide 8% or 10% off rs 3 gold to celebrate 2017 Black Friday from Nov.23-Dec.1,the 8% off code “BLA8” can be used for all orders,the code “BLA10” can be used for all $50…
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A few hours ago
Dwayland Goodman asked:
https://www.trulia.com/rental/4037837777-1296-Kapiolani-Blvd-11-1908-Honolulu-HI-96814?ref=inquiryFe
Fake picture - unit is a storage unit.
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A few hours ago
Odonkem asked:
how do you search for homes in states by excellent weather (no snow or little)?
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A few hours 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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I hope it'll really helpful for you.
... more
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Yesterday at 9:43pm
Oneway1370.tm asked:
Yesterday at 9:42pm
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.
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Yesterday at 9:26pm
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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Yesterday at 9:23pm
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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Yesterday at 8:51pm
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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Yesterday at 8:50pm
Siriswarna asked:
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