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33012 : Real Estate Advice

  • All33
  • Local Info2
  • Home Buying24
  • Home Selling1
  • Market Conditions0

Activity 31
Tue Oct 18, 2016
Gatodigna asked:
Add details about your question (optional)
Sold house in Hialeah, FL 33012
0 votes 0 Answers Share Flag
Fri Oct 14, 2016
Sondaseretia answered:
hello is there any programs for any 2nd time home buyers if si can I have the number thanks
0 votes 5 answers Share Flag
Wed Sep 28, 2016
Donald D. Hensel answered:
This would be considered a bridge loan http://www.northcoastfinancialinc.com/bridge-loans/

You borrow money against your existing residence to raise a down payment and then purchase a new property. The loan against the existing property will be considered when trying to get approved for the loan for the new purchase. ... more
1 vote 8 answers Share Flag
Mon Mar 14, 2016
Alejandro Diaz asked:
How can I remove a rental listing that I cancelled on Zillow and you still have it active?
Thanks,
0 votes 0 Answers Share Flag
Wed Aug 5, 2015
Luis Nunez answered:
You can get a hard money loan with 35% down. If you have 40k, you can buy something for around 100-110K
0 votes 10 answers Share Flag
Mon Mar 2, 2015
Josh Barnett answered:
Be sure to flag the post and file a report with the local authorities.
0 votes 1 answer Share Flag
Fri Jan 2, 2015
lisa mandry asked:
Wed Jul 23, 2014
Rocio Roca answered:
Hi Gladys, Hope you're still looking! If so feel free to contact me. My company and I specialize in the Hialeah area.

Thank you,

Rocio Roca
Realty Empire
0 votes 6 answers Share Flag
Tue May 7, 2013
Gustavo Tosti answered:
If you talk just o agents it will be difficult, you need to look it as an investment.
please contact me and I'll send you a biweekly list of all our deals.
gustosti@gmail.com
0 votes 4 answers Share Flag
Tue Mar 5, 2013
Russ Ravary answered:
Sure can. A local realtor here in Detroit did that. The first loan bank (the one she defaulted on) came knocking on her door and took the second house. She had borrowed the money for the second house from a friend. So now she owes money on a house she doesn't own ... more
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Tue Mar 5, 2013
Russ Ravary answered:
The first thing I would do is call a local mortgage person or click on the find a pro tab at the top. They will be able to help you get pre-approved for a mortgage. Ask friends, family, or co-workers for a referral of a good mortgage rep ... more
0 votes 5 answers Share Flag
Tue Mar 5, 2013
Russ Ravary answered:
You may have to do that if it is a bank owned property. In regular sales the home owner should have the water on.
0 votes 6 answers Share Flag
Sun Jan 13, 2013
Stephanie Leon answered:
Este establecimiento de completado el proceso de ejecución hipotecaria y que debería estar llegando al mercado en breve.
0 votes 2 answers Share Flag
Wed Jan 2, 2013
NancyMNores answered:
Debbie,

you have several options here, it all depends on you financial situation.

As mentioned in the answers below, you can shop for your new home and make a contingency on the contract making the closing of your new home dependent on the sale of your current home; you might also consider, renting out your current home

Depending on your credit / income you might qualify for another mortage all together in wich case you could rent the first property and wait for market conditions to be in your favor before deciding to sell.

I would love to discuss further options with you, feel free to call me with any questions you might have

(305)796-2013
... more
0 votes 3 answers Share Flag
Wed Jan 2, 2013
NancyMNores answered:
I'll be happy to assist you in locating FHA approved proerties, I have been living and specializing in the Hialeah market for over 15 years feel free to call me anytime (305)796-2013
0 votes 5 answers Share Flag
Mon May 7, 2012
Stephanie Leon answered:
Off the market means just that.. When a property is off the market the seller no longer is selling the property for whatever reason.. Sometimes it is because of title issues, or a possible squatter has taken over the property, it could be a short sale and now the property was foreclosed and will re-list as a foreclosure, also it could be as simple as the seller may not want to sell anymore. Off the market properties can be for many reasons.

When a property is off the market you will have to wait till the seller is ready to place the property back on the market.
... more
0 votes 4 answers Share Flag
Wed Dec 21, 2011
Jose Gonzalez answered:
Hi,
The only way to qualify for a low down payment purchase loan, which would be an FHA loan, you will need to be an owner-occupant of the residence being purchased. You would need to provide documentation to support your assertion that you will be living in this purchased property and not renting it. Thiss may become a bit difficult if the property being purchase is smaller than the one you currently own/live in and also if they are geographically close to each other. Otherwise, you would need to purchase the home as an investment property which will require a higher down payment (20-30%) and a little higher interest rate. Please let me know if you have any more questions on this so I can explain in greater detail. You can reach me at 305-992-8624 or josemiamihomes@yahoo.com.
Thanks,
Jose I. Gonzalez
Xcellence Realty
... more
0 votes 6 answers Share Flag
Wed Oct 5, 2011
Jose Gonzalez answered:
Hi Jr,
The main issue to consider, other than your credit and income, is how much you owe on your current residence. Underwriters will consider your renting your current residence and using the income you will derive from the rental to be added to your regular income if you have at least 30% equity in your current home. You would also need to provide a signed lease agreement along with a processed deposit check for the lease and a paper trail of the processed deposit. This will help some in offsetting the mortgage payment you have on your current residence. You also need an exeptional credit score for this option, I believe above 720. If your credit and equity do not meet the above criteria then you would need to qualify for both mortgage payments, including taxes and insurance. If you meet the equity criteria but not the credit, there are some steps you can take to help raise your score. Otherwise, you would need to sell your present property, if not upsidedown, before you can purchase the upgrade. I have been a realtor and mortgage broker for 15 yrs, so please feel free to contact me with any other questions you may have.
Thanks and Good Luck!
Jose I. Gonzalez 305-992-8624
Xcellence Realty
... more
0 votes 3 answers Share Flag
Mon Sep 5, 2011
Mark LeMenager answered:
No, you are not a first time home buyer, but sounds like your wife might be. Check with mortgage broker tomorrow.
0 votes 3 answers Share Flag
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