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 06457 : Real Estate Advice

  • All25
  • Local Info0
  • Home Buying6
  • Home Selling6
  • Market Conditions0

Activity 5
Sun Oct 30, 2016
Joseph_pangia asked:
I would use cash on the hold and complete the purchase after my close date. There would be no credit check run at the time of the hold.
0 votes 0 Answers Share Flag
Thu Nov 19, 2015
Drumb001 asked:
Which should I work on the most for a Mortgage?
I currently have a 705 CS but due to two bills , a car loan and a line of credit that I'm paying down nicely to secure a mortgage for…
0 votes 0 Answers Share Flag
Thu Jun 4, 2015
Tony Grech answered:
Sounds like there is some convoluted stuff going on there. Are there realtors involved or are you buying a for sale by owner? The title attorney won't be able to convey clear title to you (close the deal) unless the ownership is recorded properly and ALL owners agree to the sale. This includes if the house needs to go through probate court or not.

In a normal transaction the realtors would handle all the fine print on this, but in absence of that you should hire an attorney. sounds like there are a lot of moving parts on this and you might not want to get into a deal that could take forever to close.
... more
0 votes 1 answer Share Flag
Sat Dec 28, 2013
Carlos Atherton answered:
No Gretta,
3 years minimum from any foreclosure or chapter 7 bankruptcy for FHA loans with 3.5% down, but you need to have some credit rebuilt and no late payments.
For conventional financing, you will need to wait 7 years. ... more
0 votes 5 answers Share Flag
Fri Jan 2, 2009
Carl Guild answered:
If you would like to follow the market here in Central CT - you can sign up for automated emails that will show you new listings, price reductions and sold prices when they finally sell. That could potentially help you from a cost stand point in deciding to move here.

The best way to prepare to purchase a home is to follow the market of where you want to buy and bank some cash! That way you have an understanding of value in the area, and you also have the cash for a nice down payment.

You should also probably contact a mortgage person now to make sure you don't have anything crazy going on with your credit, just so you can feel re-assured that you are good to go. (Sometimes problems can take months to fix)

If you need the name of a good mortgage person contact me, and if you want to sign up for Emailed listings, just go to my website and click "Get Select New Listings by Email"

Thanks and good luck!
... more
0 votes 2 answers Share Flag
Search Advice