Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in Phenix City : Real Estate Advice

  • All68
  • Local Info3
  • Home Buying17
  • Home Selling3
  • Market Conditions3

Activity 16
Wed Nov 30, 2016
Jeramie Whitehead asked:
Thu Nov 3, 2016
Diane Blake asked:
Tue Feb 18, 2014
Dorene Slavitz answered:
Because the Owner has a business relationship with the realtor and has hired them to represent them.
0 votes 9 answers Share Flag
Sat Feb 15, 2014
Don Tepper answered:
Here's a link to a blog I wrote on how to find lease-option properties:

Hope that helps.
0 votes 4 answers Share Flag
Sat Sep 7, 2013
James Rhodes (ph.d.) asked:
We don't have a great deal of money but we do have a 501(c)3 status that could render certain tax advantages if a bank wanted to work with us-our group consists of disabled veterans; women;…
0 votes 0 Answers Share Flag
Mon Jul 1, 2013
Tommy Henderson answered:
Since you are a veteran, your VA benefits allow you to buy a home with no down payment, and, if you are a disabled vet receiving at least 10% disability, you do not have a VA funding fee to add to your loan. If you don't mind buying in the county, outside the designated perimeter for USDA financing, and, if your income and family size permit, that is another no down payment option. Also, if you fit into the guidelines of Alabama Housing Finance Authority Step Up program, and the lender you are using is approved by AHFA, they will assist you with all but $500 of the down payment. There are several options, but would need to meet with you to determine where your family fits in each of these programs. Hope I haven't confused you totally. Call 706-577-1226 if I can be of assistance to you.
Gayle Henderson for Tommy Henderson
... more
0 votes 6 answers Share Flag
Wed Apr 17, 2013
Nancy Jordan answered:
I know just the house that you're inquiring about, I've shown it several times. The subdivision is an established, very convenient neighborhood. It's in the heart of Phenix City, close to a public golf course, Hwy 280, Columbus, Walmart, churches, restaurants, etc. Call or email me and I'll be happy to give you a market analysis of the neighborhood & answer any questions you may have about the subdivision or this house.
Call me any time for more information at 706-536-4392. Let me know how I can help you!
... more
0 votes 3 answers Share Flag
Sun Nov 4, 2012
Rodney Mason answered:
You would have to check with the county on that answer.
0 votes 2 answers Share Flag
Sat Oct 27, 2012
Constance Wimmer answered:
Fri May 11, 2012
Danny answered:
What size house are you looking for or have you already found one?
0 votes 1 answer Share Flag
Sat Nov 26, 2011
Tommy Henderson answered:
The first issue was for $7500.00 and had to repaid at the rate of $500.00 per year until paid in full. If you did not remain in the home for at least 3 years, the entire sum was due at the time the home sold. The second issue of $8000.00 did not have to be repaid, if you remained in the home 3 years; if not, the entire amount is due at time of sale. To be sure I have not over-simplified this issue for you, please call the attorney who closed the home for you. They will know more information than I. Hope this helps a little. ... more
0 votes 2 answers Share Flag
Sat Feb 6, 2010
Terri Griffis answered:
Probably the most sought after area in Phenix City is north Summerville Road. Subdivisions include McIntosh Creek, Tara, St. Andrews, Rock Island. The Lake Harding area is also a desireable location ... more
0 votes 1 answer Share Flag
Fri Jan 22, 2010
Pat & Steve Pribisko answered:
Ask your loan officer to intervene for you, by talking directly to the underwriter regarding your issues (the loan processor has no decision making authority). There has to be some alternative documentation the underwriter will accept. It is common in this economy for companies to be purchased by others. ... more
0 votes 2 answers Share Flag
Sat May 3, 2008
Don Tepper answered:
The most you should pay for a house is the lower of: (1) the house's value as determined by a CMA--a competitive market analysis--taking into consideration the house's specific condition and needed repairs, or (2) the monthly mortgage payments you can reasonably afford.

That's the most you should pay. How much under that might you pay? That all depends. Sounds as if the seller might be motivated, if he/she is paying two mortgage payments. It's likely the seller will need at least what he/she paid for the house plus about 10% to cover real estate agent fees and various selling and closing costs.

So now you have a range: The most you should pay and the least the owner is probably willing to accept. Make an offer anywhere in between. Some agents would probably suggest an offer 5% under the adjusted CMA (assuming that's in your affordability range). Others might suggest 10% under. Others, even more.

Check with your agent. Get the CMA. Get his/her advice. Then you decide.

Good luck.
... more
0 votes 1 answer Share Flag
Search Advice
Home Buying in Phenix City Zip Codes