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49221 : Real Estate Advice

  • All10
  • Local Info1
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 8
Mon Mar 7, 2016
Sally Grenier answered:
Sounds like you need an attorney. Does your mom have a will? Are there other siblings? In order to sell it, it has to be in your name. You can do that via quit claim deed, but I'd work with an attorney to make sure you have all your ducks in a row. If she dies, and there is no will and the house is still in her name, the house will be stuck in probate for a long time and you may never get the money out of it. Talk to an attorney asap. ... more
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Sat Aug 29, 2015
Adam Lesner answered:
If you have a poor credit score, but are now back on your feet, a portfolio loan might be best for you.

These are loans that don't go by traditional lending guidelines. Every situation is evaluated individually.

One thing to keep in mind though is that portfolio loans require at least 10% down.

Feel free to reach out to me through my profile, and I'll happy to answer your questions and see what we can do.

All the best!
Adam Lesner
... more
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Sat Aug 29, 2015
Adam Lesner answered:
I agree, get an attorney to review the docs.

Are you looking to buy on land contract because you don't meet traditional lending guidelines? We offer portfolio loans for folks with unique scenarios.

By getting approved for a portfolio loan, you don't have to limit yourself to only looking at homes for sale on land contract. You can look at homes just like anyone else, because a portfolio loan is a mortgage.

Please feel free to reach out to me through my Trulia account and I'll be happy to discuss this with you further and answer any questions you may have.

All the best!
Adam Lesner
... more
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Tue Jan 14, 2014
whipsterus answered:
Please tell Me the name of the Company because it sounds like We are dealing with the same Person Here.I am also trying to purchase My first Home but are having all the same problems that your experiencing. ... more
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Sat Jan 19, 2013
Mike Ahleman answered:
Rich, The first step is to connect with a Realtor who will help you as a buyers agent. A buyers agent can alert to you properties when they are initially offerered for sale. A buyers agent will also make sure you have done the correct preliminary work so that you can make an offer on the right home before someone else beats you to it. Your buyers agent will then guide you through the buying process to insure you are treated fairly.
Much of the work I do is as a buyers agent in Adrian and the surrounding areas. I also have a first time buyers workshop if you are interested in learning more. You can call me directly at 517-605-6926.
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Sat Jan 19, 2013
My NC Homes Team answered:
I'm thinking you're trying to figure out how to choose a Realtor? If so check out the link below. Once you've found an experienced Realtor to work with they will sit down with you and typically do two things right off the bat, one is they'll explain to you why it's critical you get pre-approved by a lender and how this puts you in the strongest possible negotiating position. Secondly they'll ask you a series of questions designed to help them (and you) understand what it is you're ideally looking for and what's most important to you. Whether it's something like school districts, or proximity to work, or finding a walk-able neighborhood, or a fenced in yard. Everyone is different and there's no right answers and most buyers find it enjoyable and helpful.

I wish you the best of luck and happy house hunting.
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Fri Jun 29, 2012
Tom Wilkins answered:
Joan,

The good news prices are starting to go back up in Lenawee. I recently read an article (Times I believe) that said prices are increasing in 19 out of 20 cities surveyed around the country. If your still interested in checking out the market closer, give me a call and I would be happy to meet you in our Adrian office or wherever works for you. ... more
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Sun Apr 18, 2010
Leasing To Own Solutions answered:
Hey there Blondie....

Since it's been asked so many times on here, I finally got around to writing a good description on my blog about how to find lease-to-own properties. It should give you a good starting point.

No matter how you do it, make sure to educate yourself as much as possible about the WHOLE process and if you're unsure about anything, seek the advice of professionals who have successfully completed a Lease Option/Land Contract/Contract for Deed.

http://www.trulia.com/blog/hhi_investing_llc/2010/04/what_way_can_i_find_a_lease_purchase_rent-to-own_lease_option_property

Best wishes and be aware..... there are only two rules to remember when putting a Lease-to-Own deal together:

#1....There are no rules
and
#2..... See rule #1

Your only limited to your imagination and the willingness between the parties.

Darin
Lease-to-Own Professional
Independent Consultant
... more
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