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38053 : Real Estate Advice

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  • Home Buying1
  • Home Selling0
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Activity 5
Tue Aug 30, 2016
Kenneth Kelly answered:
Millington TN is a town built on a swamp so when the river swells it backs up, will always go over the little levees they build and yes will flood. I lived in a house around the baseball stadium EVERYTIME it rained my backyard flooded all the way to front yard half way up my driveway. A few years back my sisters entire neighborhood flooded and she lost everything from her car floating down big creek, everything in the house was destroyed. There also use to be an entire area of naval housing that was torn down due to the constantly flooding of the homes. You can find places that do not flood in the millington city limits however the "downtown" millington area will always have its issues. They do have a pretty decent storm water drainage for when the big rains come in, but historically they can not withstand big storms that come to the area. hope that helps you 5 years later ... more
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Wed May 11, 2016
Marie & Michael Ryan asked:
Trying to buy a Fannie Mae Homepath property with a 203k/EEM loan (there are many energy updates to be made as well as repairs so that home meets FHA standards; total updates and repairs…
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Mon Sep 2, 2013
Keith Jean-Pierre answered:
I would suggest you try the regular rental sites:

http://www.craigslist.com
http://www.apartments.com
http://www.trulia.com (Rentals Section)
http://www.zillow.com (Rentals Section)
http://www.realtor.com (Rentals Section)

Between all of those, you will get a very clear picture if you can find what you are looking for. Good luck!
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Mon Sep 19, 2011
answered:
Joshua, since you've ALREADY been pre-approved, and if you like your loan officer/feel confident in their ability to get the job done, then you are now ready to seek out a real estate agent like has been mentioned, a buyer's agent. I'd interview as many as you'd like - but at least 3 of them. Don't automatically go with the first agent you speak with, even if they are eventually the one you go with... get a good feel of the different types of agents & their styles.

If I was a buyer, the info I'd want to know would be:

1. How many homes are we able to see in person? Is there a limit?
2. What neighborhoods/areas do you have above-average, specific knowledge of?
3. Will you be able to set me up to get listings emailed to me as soon as they become available, change price, etc.?
4. If I have questions about a specific listed home and you do not know, would you be willing to make reasonable efforts to find out?
5. When it comes time, what is the process for us to determine what a fair offer is on a home?
6. I am looking for [specific unique property type] (i.e. a home on a farm with a certain amount of acreage, a mixed-use property, etc.), do you have past experience helping buyers with [specific unique property type]?

Those are just the ones I can think of off the top of my head. Make notes on your cell phone, etc. whenever you think of random questions to ask and you should come up with a pretty healthy list.

Good luck with everything.
... more
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