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20707 : Real Estate Advice

  • All20
  • Local Info0
  • Home Buying11
  • Home Selling2
  • Market Conditions0

Activity 19
Paul, Both Buyer and Seller in 11968
Fri Apr 8, 2016
Paul answered:
Let InBedrock.com help you answer the Rent v Buy v Invest question for yourself and your unique situation re: Your monthly rent expense option v house purchase price You would like to buy + all its associated costs like closing/title/mortgage interest/RE taxes/HO insurance/utilities + maintenance costs/broker selling commission/capital gains taxes/and more! InBedrock.com is educational, in-depth, and easy to understand for first-time homebuyers. ... more
0 votes 1 answer Share Flag
Audrey Felts, Real Estate Pro in Baltimore, MD
Sat Sep 13, 2014
Audrey Felts answered:
I am glad to send you a list of active properties that match you search criteria. Please e-mail me, afelts@homesale and we can get started!
0 votes 1 answer Share Flag
Ali Haghgoo, Real Estate Pro in Westminster, MD
Mon Jun 2, 2014
Ali Haghgoo answered:
The only thing that meets your criteria in Laurel is a 2 bedroom 1 bathroom unit on Main Street. Call me for more information
0 votes 1 answer Share Flag
Corey Lancas…, Real Estate Pro in Laurel, MD
Fri Nov 1, 2013
Corey Lancaster answered:
May be challenging but possible. It depends on what features you are looking for. Give me a call at 240-988-3173
0 votes 6 answers Share Flag
Tameiko Pren…, Real Estate Pro in Silver Springs, MD
Thu Aug 15, 2013
Tameiko Prentice answered:
Congratulations on your decision to move towards homeownership!

My thumbs up goes to Trevor Curran's answer!! Greatest thing is you know enough to understand you should reach out for help with this incredibly important purchase. There are so many benefits to buying rather than renting... understand where you are so you can get to where you want to be...

Best of luck,

Tameiko Prentice
Realtor
TriStar Realty
tprentice@mris.com
... more
1 vote 6 answers Share Flag
brent mendel…, Real Estate Pro in Bethesda, MD
Fri Jul 26, 2013
brent mendelson answered:
Yes that is basically true. Most of the time if you get one paycheck you can close the loan ast that point. As Catherine said each case is slightly different. It also depends on credit downpayment etc but yes in general what you want to do isn't that much of a problem. Hope this was helpful.
Let us know if you have any other questions.

http://reviewbrentmendelson.blogspot.com/

Thank You,
Brent Mendelson
Senior Loan Officer
1ST Mariner Mortgage
O-240-235-5314
C-301-412-0259
F-240-235-8236
Bmendelson@1stMarinerbank.com
Lending in all 50 states
nmls#111407
... more
0 votes 5 answers Share Flag
Akil Walker, Real Estate Pro in Upper Marlboro, MD
Sat Apr 27, 2013
Akil Walker answered:
Hi Michelle,

Hopefully, the value has returned and if you need assistance in selling I am available.
0 votes 6 answers Share Flag
Your Solar R…, Real Estate Pro in Silver Spring, MD
Tue Feb 26, 2013
Your Solar Realtor answered:
Michelle, it depends on your job title. There are lender that will allow you to purchase with 0 days on the job if you're a Doctor coming out of your residency for example.

I would reach out to
Catherine Purcell
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
202-573-6035
www.fairwayboston.com/Default.aspx
Contact: Catherine Purcell
catherinep@fairwaymc.com
... more
0 votes 4 answers Share Flag
Your Solar R…, Real Estate Pro in Silver Spring, MD
Tue Feb 26, 2013
Your Solar Realtor answered:
There are several factors to consider.
Reach out to Catherine Purcell a former realtor and current mortgage consultant.


FAIRWAY INDEPENDENT MORTGAGE CORPORATION
202-573-6035
www.fairwayboston.com/Default.aspx
Contact: Catherine Purcell
catherinep@fairwaymc.com
... more
0 votes 4 answers Share Flag
Your Solar R…, Real Estate Pro in Silver Spring, MD
Tue Feb 26, 2013
Your Solar Realtor answered:
0 votes 7 answers Share Flag
Your Solar R…, Real Estate Pro in Silver Spring, MD
Tue Feb 26, 2013
Your Solar Realtor answered:
0 votes 9 answers Share Flag
Jessica Hood…, Real Estate Pro in Gambrills, MD
Tue May 17, 2011
Jessica Hood & Laura Roskelly answered:
Hi Michelle,

Have you been to court yet? It sounds like you could use some guidance from a property management pro. We have great resources to handle this for you. Contact me if we can be of assistance. ... more
0 votes 2 answers Share Flag
...,  in Lexington, MA
Mon May 16, 2011
... answered:
I could not have answered this any better than Joyce.

If the bank is looking for a certain dollar amount and falls short because the seller stopped paying their mortgage then they would usually be looking to have that made up somewhere. The closing attorney will be able to determine how much when the bank's payoff statement is received.

It's a good question and it may affect how much you would need to pay, but such surprises are the nature of short sales. There's nothing "short" about them save for the amount that is being paid to settle the existing debt. There's also a possibility of a second mortgage, mechanic's lien or other encumberance being on the title.
... more
0 votes 12 answers Share Flag
Dan,  in Greeley, CO
Wed Aug 25, 2010
Dan answered:
Be careful what you listen to about credit! Hard inquires will stay on your report for 2 years, they will effect your score for one year. A mortgage related pull WILL hurt your score, any time you apply for new or additional credit, that is a hard inquiry. With mortgages you have a 45 day buffer, meaning you can apply with one bank for a mortgage and then you can apply with as many banks/brokers for a mortgage as you want with in 45 days of the first pull and all of those get grouped together as one pull for score effect. The effect of that first pull effects the score 30 days later. ... more
0 votes 5 answers Share Flag
Maria Wisnie…, Real Estate Pro in North Royalton, OH
Tue Aug 24, 2010
Maria Wisniewski answered:
Hi Michelle,
Sticking with the same lender is definitely good advice. ALso a home search shouldnt take that long, if you were are working with a knowledgeable agent they should be able to find your dream home within a few days if it is out there. Good Luck to you! ... more
0 votes 6 answers Share Flag
Maria Wisnie…, Real Estate Pro in North Royalton, OH
Tue Aug 24, 2010
Maria Wisniewski answered:
First of all, no Realtor has the right to scream at anyone. If you clearly stated your pet on the application, then obviously you werent trying to sneak the snake. But you have to make sure that your pet is written into the lease so everyone clearly understands. Sorry to hear you were treated so rudely. ... more
0 votes 3 answers Share Flag
brent mendel…, Real Estate Pro in Bethesda, MD
Thu Aug 19, 2010
brent mendelson answered:
Laura and Scott are correct. As long as the debt is disclosed along with the terms and factored into your DTI ratios that is still allowed. Some programs do not allow you to borrow the down payment. Be straight with your loan officer as definately saying one thing and doing another is mortgage fraud and no one should be a party to that. This is a workable problem provided that is doesn't take your DTI over some threshold and that you still have some of the downpayment in your own funds. Hope this helps you out a bit.

Thanks,
... more
0 votes 6 answers Share Flag
Brian Pakulla, Real Estate Pro in Ellicott City, MD
Mon Feb 2, 2009
Brian Pakulla answered:
I have found none either. How about an individual unit? On a quick search there are approx 48 available.

Please contact me if I can help you further.
0 votes 2 answers Share Flag
Brian Pakulla, Real Estate Pro in Ellicott City, MD
Wed Jul 30, 2008
Brian Pakulla answered:
A real estate agent can print out all the sales in the last year in your neighborhood. If you want to send me your neighborhood name, I will send you all the sold listings in the MLS, in your neighborhood, with listing agents names, since July 30, 2007. ... more
0 votes 5 answers Share Flag
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