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19116 : Real Estate Advice

  • All19
  • Local Info4
  • Home Buying9
  • Home Selling2
  • Market Conditions0

Activity 17
Fri Dec 16, 2016
Scott Godzyk answered:
Most likely you can not. If the bank purchases the home back at foreclosure auction they may now own it. Now state law does differ from state to state, but with a short sale, the one thing you need is time to get approved. if already in foreclosure, it many not be enough time. Find a local agent who specializes in listing short sales and they can answer your question regarding any specific state laws regarding forecosure ... more
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Fri Nov 25, 2016
Zeady asked:
Sat Sep 3, 2016
IRINA GONGDZE asked:
Wed Jul 6, 2016
frenz4ever.db asked:
Sun Sep 13, 2015
Lakisha Martin answered:
Hello raginddawn17!

I would be more than happy to assist you. Please call me direct at 856-345-3101
0 votes 1 answer Share Flag
Fri Mar 7, 2014
Kevin and Mikki Mills asked:
I've been confined to a wheelchair for almost 2 yrs now. We currently rent a typical NE Philly 3 bdrm row home. We have 5 kids (1 is away at college). The kids have the 3 bdrms upstairs,…
0 votes 0 Answers Share Flag
Sat Dec 7, 2013
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
http://www.neighborhoodscout.com/
https://www.crimereports.com/
http://www.homefair.com/
... more
1 vote 4 answers Share Flag
Mon Dec 2, 2013
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
http://www.neighborhoodscout.com/
https://www.crimereports.com/
http://www.homefair.com/
... more
1 vote 3 answers Share Flag
Wed May 30, 2012
Michael Huffman answered:
Matilda,

You should always interview more than one agent. Ask them numerous questions about the buying process, they shoud not have a hard time explaining anything. Find someone you have a good raport with, make sure they are listening to your needs. If you have communication issues on an interview, they will only continue. Good luck. ... more
0 votes 8 answers Share Flag
Wed May 30, 2012
Zurab Kvantrishvili answered:
A seller assist is a great feature that allows the seller to pay some of your closing costs, each lender has its own specific guidelines, to how much assistance lender allow from the seller, it's another form of seller assist to, where the seller assists the buyer with a cash to buy down buyers interest rate, this form is very useful for many first time home buyers, because it helps to reduce monthly mortgage payment. ... more
0 votes 6 answers Share Flag
Wed May 30, 2012
Zurab Kvantrishvili answered:
Hi Mark & Dominique,

here is web site http://www.fha.com/fha_programs.cfm from where you can get detailed information, or you can contact Richard Moller from Weichert Financial Services

Richard F. Moller
Weichert Financial Services
Phone: 215-885-8100
Fax: 973-630-3479
... more
0 votes 6 answers Share Flag
Fri May 18, 2012
Sheri Curci answered:
Good Evening Nicole, Closing cost (GFE) will be separate from the Commitment. You may want check your commitment to see if there are any unusual conditions to Satisfy. Normally you have 7 days from the receipt of commitment to satisfy those conditions .

Serving Philly + Bucks County PA

All the Best, John + Sheri Curci RE/MAX 215-757-2889
... more
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Sat Feb 6, 2010
Joe P. answered:
With a score of 520, you should not be buying anything. Why buy?... rent for a few years... you can work on repairing your credit score during that time.

Don't worry because housing prices are not going up anytime soon. Do not believe the talking bobble heads you see/hear on tv... the economy is getting worse, not better. The government numbers are highly manipulated and are bogus.

Speaking of FHA, they are the new subprime. When they blow-up, inventories will skyrocket and foreclosures will explode. It's going to be a bloodbath for folks trying to sell, and a bonanza for buyers like me :o)
... more
0 votes 3 answers Share Flag
Sun Jun 7, 2009
Micki O'Toole answered:
Jerry,
The prime rate is so low right now it's ludicrous. The Fed however, doesn't lower the prime rate, they lower the Fed Funds rate. The prime rate is then calculated by adding 3% to that.
I'm not sure why you are asking but just for clarification, a lower fed funds rate and/or the primes rate does not have any direct impact on home loan rates with the exception of a home equity loan. In fact, lowering the Fed Funds rate can sometimes have a negative impact on home loan interest rates.
You can check out sites like www.marketwatch.com that helps track market movement and can give indications of movement by the Fed and what economic factors impact such decisions.

With all this stimulus money floating around I wouldn't be surprised to see the rate go up as we try to combat such inflationary actions.

Hope this helps.

Micki
... more
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