19901 : Real Estate Advice

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MIke Spray, Real Estate Pro in Dover, DE
MIke Spray answered:
Active Duty US Navy member stationed in Japan seeking to buy a short sale in Delaware, what are my options?
They are much easier to deal with than in years past. Most banks are now ready to move on. My last one had a response in only 48 hours, although they can take a few months. My company a ... more
0 votes Share Flag Thu Jun 11, 2015 Home Buying in 19901
S. Walton Si…, Real Estate Pro in Christiana, DE
S. Walton Simpson answered:
I'm interested in buying a beachfront home somewhere between Dover and Broadkill on the Delaware Bay. Is the water swimmable?
Not the best for swimming .

Best,
Walt Simpson, Realtor
KW
0 votes Share Flag Wed Dec 10, 2014 Home Buying in 19901
S. Walton Si…, Real Estate Pro in Christiana, DE
S. Walton Simpson answered:
If the purchase price for the property is $153,000 and the down payment is 3.5% with the 3.50% interest rate how much would be the PMI?
This information can be found in the Good Faith Estimate provided to you, by your lender. Ask for a GFE if you have not received one.

Best,

S. Walt Simpson
KW
302-242-5146
0 votes Share Flag Wed Dec 10, 2014 Home Buying in 19901
S. Walton Si…, Real Estate Pro in Christiana, DE
S. Walton Simpson answered:
Home under contract. I believe Buyer has breached contract
It's advisable to call the agents office and speak to the Broker. The contract is likely voidable.

Best,
S. Walt Simpson, Realtor
Keller Williams Realty
302-242-5146
0 votes Share Flag Wed Dec 10, 2014 Home Buying in 19901
S. Walton Si…, Real Estate Pro in Christiana, DE
S. Walton Simpson answered:
Is it possible to get a loan if my fiance and I have a combined income of 54000 but 11,000 in credit card debt?
It's very possible . Any qualified mortgage broker can provide that information for you. New Penn Financial is a great local lender...

Best,
S. Walt Simpson, Realtor
Keller Willi ... more
0 votes Share Flag Wed Dec 10, 2014 Home Buying in 19901
S. Walton Si…, Real Estate Pro in Christiana, DE
S. Walton Simpson answered:
Is there somewhere on a house's listing that you can see when the house was listed? I'm curious to see if the house has been on the market
Absolutely! That information is available to all real estate agents and very important to know when making an offer.

Best,
S. Walt Simpson
Keller Williams Realty
302-242-5146
0 votes Share Flag Wed Dec 10, 2014 Home Buying in 19901
S. Walton Si…, Real Estate Pro in Christiana, DE
S. Walton Simpson answered:
My offers on houses keeps being rejected or outbid. my realtor says its because i am asking seller to pay closing costs? what should i do?
A buyer asking a seller to pay closing costs is very common. A good buyers agent should add value to your transaction.

Your buyers agent can give input regarding the sellers curr ... more
0 votes Share Flag Wed Dec 10, 2014 Home Buying in 19901
Jeff Hoover, Real Estate Pro in Kannapolis, NC
Jeff Hoover answered:
how long does it take to get a property on Trulia once it is submitted?
If you post the property directly on Trulia it is posted right away. If you post it through the MLS or a Realtor broker website it can take up to 24 hours. Hope this helps. If you ha ... more
0 votes Share Flag Tue Dec 24, 2013 Rentals in 19901
Keith & Kins…, Real Estate Pro in Verona, WI
Keith & Kinsey Schulz answered:
What kind of loans are available for investors looking to purchase rental property?
Loans on non-owner occupied properties are definitely harder to acquire and they have more expensive closing costs. My lender recently wrote this blog post linked below that had a good ... more
0 votes Share Flag Wed Dec 12, 2012 Financing in 19901
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
Does a separated spouse need to be put on a deed when buying manufactured housing?
It's up to whoever is paying for the house to decide who's name goes on the deed. It doesn't matter to the home seller who you want to put on the deed.
0 votes Share Flag Fri Sep 28, 2012 Financing in 19901
Mj Barnett, Real Estate Pro in Burbank, CA
Mj Barnett answered:
hello, i'm a foreign living right now in DE, my wife is a student here, i'm looking to buy a house and i can put 30%, no ssn, work overseas
Surety Financial does have a mortgage program for foreign nationals with no SSN but you must have credit of some sort in the US, which your credit card may be just the thing. Good luck ... more
0 votes Share Flag Tue Oct 4, 2011 Financing in 19901
Steven D Hill, Real Estate Pro in 19904, DE
Steven D Hill answered:
Hello. I live in Philadelphia with a SECTION 8 certificate & is anticipating a change. I am relocating to Delaware & is looking for a 3 bdrm
If you have not heard rom anyone yet, please contact me at s.miltonhill@gmail.com or 3027360800.
0 votes Share Flag Sat Sep 10, 2011 Rentals in 19901
Steve Fisher,  in Delaware
Steve Fisher answered:
HOW MANY DAYS DO HOUSES STAY ON THE HOUSING MARKET IN NEW CASTLE, SUSSEX AND KENT COUNTY(IES),DELAWARE?
With a look at the last month of sold homes, this is what I came up with. New Castle, single familiy detached -88 days @ 263K Kent ,single familiy detached- 106 days @ 204K , and a ... more
0 votes Share Flag Thu Mar 26, 2009 Home Selling in 19901
Realtynovice, Both Buyer and Seller in Akron, OH
Realtynovice answered:
can i sale my home that is in my name and ex's name if he is in prison?
Your Ex? If you divorced him this should have been addressed in the property settlement. In any event, A court can order property to be sold and make the appropriate orders to enable th ... more
1 vote Share Flag Thu Nov 13, 2008 Home Selling in 19901
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