Trulia Community - Advice from neighbors and local experts

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

24740 : Real Estate Advice

  • All5
  • Local Info0
  • Home Buying2
  • Home Selling1
  • Market Conditions0

Activity 5
Thu Nov 20, 2014
Hello Tim!
I am a federal direct mortgage lender who can do a credit score down to 580! First step is to get pre-approved with me then choose a realtor that you like best. Please give me a call or shoot me a email and we will go over everything and get you out looking at houses!

... more
0 votes 1 answer Share Flag
Tue Jul 23, 2013
Gregorio Denny answered:
The loan officer is most likely using a credit simulator to estimate the effect of the payment. There is no guarantee that your score will go up 27 points and they should tell you this. The simulators are usually accurate within a margin of error, but there are no guarantees.

You should also note that in most areas, California being one, it's not permitted for you to pay for the Rapid Rescore as a consumer. If you are being charged for this you need to question it.
... more
0 votes 1 answer Share Flag
Wed Jun 1, 2011
Jason is correct. Lenders typically can incur this cost up front themselves and charge you upon closing. The fee will appear on your closing settlement/HUD starment as a third party expense separate. You should not be required to pay for the service out of pocket until then ... more
0 votes 6 answers Share Flag
Fri Sep 24, 2010
Anna M Brocco answered:
What is your agent advising and what does your contract state....or you may wish to consult with an attorney who specializes in real estate and have all related paperwork reviewed, see exactly what options you may have--then go from there. ... more
1 vote 1 answer Share Flag
Sat Aug 7, 2010
Ryan Smith answered:
Hi Worried,

To answer your question, Yes you can move out while your short sale is in process. It will make it easy for agents to show your property and get the process rolling. However if your home is in foreclosure the process of the short sale can delay the sale and you can stay until the process is complete. Like Scott said they may offer you cash for keys if the short sale does not go through and the property ends up foreclosing anyway. Talk to your agent or contact a short sale professional in your area to walk you through how it should work.

Good luck!

Chris Blasic
Realty World & Associates
... more
0 votes 2 answers Share Flag
Search Advice