I'm confused by your question. Your debt ratio is your total debt divided by your gross income. For example you owe $1000 per month in car payments & credit cards. Your income is $4000 per month. Before factoring in housing, you have a 25% dti (Debt to Income) ratio. If you qualify for a mortgage with a total acceptable ratio of 43%, then the total amount of payments you may have toward all your debt is $2150 if your income is $5000. Take the $2150 and subtract the $1000 you have in other payments and you have $1150 available toward housing expenses, Principle, interest, taxes & insurance.
What that will buy will depend on the rate you qualify for, the down payment you have, any PMI if you are putting less than 20% down etc.
Now, if I've just confused you, then you need to actually meet with a great local lender and find out for real what may be possible. Bring in your pay stubs and a couple bank statements and allow them to work up some scenarios for you.... more
It depends on the MLS rules and operating agreement. In our MLS you are welcome to have a list of agents that have shown your home and we keep an electronic record of this from the lockbox and MLS..... more
There are great local property management companies that carry many rental properties. Depending on if you are a short or long term renter, makes a difference as well as the price range you are looking in. Conway, SC is a vast area and contains many options as far as housing.
Although craigslist is a good source, be aware of many scams out there targeting renters.
You should at least phone someone you trust in the area to make sure the house is for sure a rental.....and not part of a scam. I (and one of my patrons fell victim to this once, and found that a stranger had just been able to walk into his home without his knowledge. Luckily, he was a very forgiving client and friend, so all was smoothed out, but what a nightmare to go through. I believe that knowledge is power, so just wanted to share my experience. Hope this helps....... more
Dina and Brian,
As you can observe, there is great confusion in the real estate professional community regarding the source of data appearing on Zillow and Trulia.
Anthony has it correct.
The data you mention DOES NOT COME FROM ANY MULTIPLE LISTING SERVICE!
As Anthony suggested the outdated source for your homes feature is ListHUB. Listhub and Trulia and ZIllow and every other website parading as a real estate website reserves the right to replace, change, suppress, alter, modify, delete and misrepresent the data in what ever manner suits their business objectives. These sites are suitable for entertainment purposes only.
If you have suffer material loss, mental anguish or other substantiated damage, contact your attorney. Maybe YOU can make them accountable.
The most likely source of your faulty data is your local tax and appraisal authorities. Be aware, if the SF is increased, so will the value...so will your taxes.
Serious buyers rely on the multiple listing service for actionable data. Don't loose sleep on what appears on entertainment websites.
However, you SHOULD go to Google Maps and blur your homes street view.... more
In the Myrtle Beach, Surfside Beach, North Myrtle Beach area to be near the beach you need to look for or ask for East of Business 17. If you live in a home East of 17 in most areas you will be either oceanview or within a short walk to the beach. Naturally there are exceptions such as in Murrells Inlet where there is no beach. I think you are asking how to begin looking on your own. Best wishes and please think of Lori and Ashley Harper when you are ready for assistance. I love Google maps too. Cell 843-997-7299. Email LoriHarper@sc.rr.com. By the way, my associate Debbie Cherkas who was the first to answer your question is an excellent agent and her answer was right on.... more
Below is copied from the VA Lenders Guide Book - Chapter 16 -
There are VA requirements applicable to all properties located in either a PUD or condominium. Also, condominiums (but not PUDs) must be approved by VA before any lots or units in the project are eligible for VA loan guaranty.
References: See Section 16-A
â€¢ Requirements Applicable to All Properties in Common Interest Communities, and
â€¢ Condominium Approval Procedures.
This property (Wellington), since it is a Common Interest Community, does have to have VA approval; which Centex does not have for this project as of yet. They told me that it would be 60 to 90 days.
Thanks - Gay... more
I would say it will take you 13 to 14 hours to get to Myrtle Beach. I came from Bergen County, NJ and it takes me 13 hours to get here from there at speed limits. If you are planning on visiting, I can give you routes to avoid some of the traffic in DC. Unfortunately, there is always a road-block for one reason or another. That said, it is worth the trip. With Spirit Airlines, I just found a flight for $18 round trip to LaGuardia. Check for flights from Spirit Air and Direct Air. Perhaps you can find a convenient location to fly from that would save you the wear and tear of driving.... more