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Home Buying in 33760 : Real Estate Advice

  • All14
  • Local Info3
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 8
Tue Jun 23, 2015
Budd Morris answered:
contact me and I will give you a name and phone number of a person to call.
It is not only credit score but debt to income and amount of down payment and whether it is a jumbo or not
A lot go into a mortgage to get a rate ... more
0 votes 8 answers Share Flag
Sat Feb 2, 2013
Pamela Cohn answered:
Hi Vonnaaj,

Being born here you have some familiiarity with the area, while many people relocating, have no idea till they get here. You already know we have some of the most beautiful beaches in the world. Where to live depends on so many factors: job, lifestyle, budget, family size or number of people in home, schools and the particular type of home you are looking for.

While most people start on line, it's not the same as being here to check it out. Interview some full time professional Realtors, find one you are comfortable with and work with them. Have a serious conversation about your needs and what you are looking for so your agent can design a custom search and try to narrow it down before you visit.

I have a free service called “Listingbook”, which I provide for my clients. It is like a back door into the MLS, which updates daily: new listings, price changes, solds & withdrawn listings, allowing you to really be able to follow and learn the market. I set up a basic search according to your guidelines. Once you are in, you can change the parameters as you need. If this is something you would be interested in let me know & I would be glad to set up your free Listingbook Account.

I feel an informed client makes the best decisions regarding their real estate needs. Let me know if I can be of assistance.

Sincerely,

Pam Cohn
Broker Associate, GRI, SFR, NHS
Real Estate Consulting, Marketing & Sales
Prudential Tropical Realty
2539 Countryside Blvd #3 Clearwater, FL 33761
pcohn@prutropical.com
727-204-7155
... more
0 votes 12 answers Share Flag
Tue Jan 29, 2013
Elaine Cloud Goller answered:
You may not like the real answer, Muriel. First, I want to say BUYER BEWARE! Most of the rent-to-own situations are not ideal. There are reasons there are NO rent-to-own listings on the Multiple Listing Service.

There are some homes that the sellers may be willing to carry financing for the buyer, but a true lease purchase option typically requires a substantial down payment, and is likely to be at a higher-than-market interest rate.

Other alleged rent-to-own situations such as you find on the internet are typically way over priced for rentals in which the renter is assured the "extra" is going toward a down payment. But check the fine print. Often the renter is responsible for ALL upkeep -- fancy buying your landlord a new roof or central air system? There are many ways to write leases in such a way as to defraud the unwary. IF you do decide to go this direction, you would be well-advised to spend the money for a good attorney who specializes specifically in real estate law to review any paperwork BEFORE you sign anything or give anyone any deposit money.

So-called "rent-to-own" is not listed on the Multiple Listing Service for many reasons, although you can find countless websites that assure the buyer everything is wonderful. I can only report what experience has taught -- that is, the possibility of this being an above-board transaction is very slim. Unfortunately Florida has more than its share of unscrupulous people who have made millions taking advantage of the unsuspecting. There are multiple horror stories about fraudulent companies. Some rented properties that did not even belong to them.

The real question you should be addressing is why you believe that is your best option. If you have poor credit now, how will it be better a year from now? One of the ways you can lose your money in a rent-to-own is the clause that says you will have to be accepted for a mortgage at the end of the lease. So ask yourself, how will that happen if you aren't there now?

If the issue is not having enough money for a down payment, there are assistance programs available, if you qualify. I'd be happy to put you in touch with mortgage experts who can give you a realistic assessment of where you are and how to get where you want to be.

Good luck!

Elaine
... more
1 vote 2 answers Share Flag
Sat Mar 24, 2012
Alma Kee answered:
HI Olivia,

If you want to search for properties that are genuinely available that you can actually get a contract on, your Realtor can sign you up for a ListingBook account. It will clearly show if a property is "active" or if it isn't truly available and only "active with CONTRACT". That way you will not waste any of your time thinking about a property until/if it actually is available and you have a "chance" at getting a contract signed by the Seller. You may be able to submit a "backup offer" on an "active with contract" listing but if it's a short sale the contract may prevent the seller from signing a backup offer.

I would focus on properties you can actually buy. The very best deals go FAST so you need to see and make your offer the first day on the market.

If you're not yet working with a Realtor, you're welcome to sign up for a free ListingBook account on my website: www.SoldOnTampa.com

All the best,
Alma
Alma Rose Kee PA
Future Home Realty
813.244.9898
www.SoldOnTampa.com
... more
0 votes 4 answers Share Flag
Thu Apr 23, 2009
David Kimpton answered:
Hi Karen:

I would have to ask first - How much do you want to spend here on the Gulf Coast?
HOA fees are generally with condos or high end gated communities. How much of a down payment are you planing to put down? Are you a cash buyer? Are you interested in foreclosures? Buying a house in the U.S. and in Florida is quite a bit different - take it from me - I moved here from Canada.

For instance I live in Safety Harbor, and there are many opportunities fo homes selling for under 200,000.

So it is up to you and if you want a free list of homes that meet some of your basic requrements then just let me know. Andf also consider when you buy a house in Florida you have to be aware of wind insurance and flood insurance and understand house taxes.

Please feel free to contact me anytime for more information at anytime.
... more
0 votes 5 answers Share Flag
Wed Jul 2, 2008
NonRealtor answered:
click "Find Homes" above
click "33760 Foreclosures"
or go to realtytrac.com
0 votes 5 answers Share Flag
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