Yes, I'm not sure why you were told otherwise. It's a pretty common practice for brokers to only use designated agency agreements for buyers and sellers. This prevents the agent from being in the unethical position of dual agency. I think the explanation on page 8 of this document offers a good explanation:
If you want to know more information about the foreclosure property, you may check the county record where the property is part of or you may also contact a foreclosure specialist near your area for assistance.
You can take advantage of our vast network of agents here on Trulia. You may found the link below.
To search for a foreclosure specialist using our site:
1. Go to the link that I provided, enter the location where you're at and click enter.
2. Click the 'More filters' button and choose 'Foreclosure' under specialties.
3. Click the 'Search' button.
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Any idea how I could find someone willing to do this in Michigan.. I'm on disability not currently working decent credit my boyfriend is working full time plus gets over 2g monthly from gov for adopted kids we just got full custody of them and in need of a larger home asap .. His credit sucks n I can't get a loan without income.. On top of this we are both still married to other people can explain more in detail in person. Found a few places in the school district the kids currently attend and would love to stay .. Please contact tlynne1983@gmail for any help... more
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I am a real estate broker and REALTOR who specializes in buyers in the Knoxville and surrounding areas. I have closed many USDA loans and would love to assist you. You can reach me on my cell at 865-544-8606 or visit my website at www.theknoxvilleagent.com
There is a website you can visit on the USDA loan website to see if a home will qualify for the location but seeing the home is generally the only way to know if a home will qualify its self. Basically the home will need to be move in ready, and very little or no repairs needed. Things such as soiled carpet or peeling paint will need to be fixed prior to closing when buying a home with USDA. Some owners will complete the repairs while others will not. When dealing with a foreclosure most banks are looking to close quickly and will not do the repairs and will not allow you to work on the home to fix whatever is needed. An appraiser will give us and the USDA a value for the home as well as mark if any repairs are needed. It really is a case by case basis but I have been through it many times and feel like I could really help you if you are still looking to purchase a home in the Knoxville or surrounding area. Again please let me know if you are still looking for a home. I look forward to helping you.
www.theknoxvilleagent.com Website... more
Business owners like to write off as much as possible to pay the least amount in taxes. While this might work as a tax strategy, it makes it tough to buy a home. You need a lender who understands self employment, you need enough time in business, usually 2 years or more and enough documentable income to justify the mortgage and other debt you may have.
If your income has been up and then down then up again, it may be tough until you have 2 solid years back to back. Discuss this with a lender up front, before applying to see what they recommend.... more