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Home Buying in 85022 : Real Estate Advice

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  • Local Info1
  • Home Buying6
  • Home Selling2
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Activity 4
Tue Apr 12, 2016
Shannon Shutack answered:
Hello Jen!

Great question, many folks are wondering the same these days. I've worked with several buyers who have moved over from New Mexico and are really enjoying living here!

Your question is actually best answered via a lending professional (which I'll leave you a great resource after my short rant). Feel free to give Doug and call - he is very knowledgeable and client friendly without being pushy!
If you are considering buying a home in 85022 my partner (Shannon Shutack) and I have a few listings in that surrounding area and know it well. We would be glad to assist you throughout the whole process and answer any other questions you may have.
My contact is below and feel free to reach out anytime.

Thanks and have a great day!

Doug LaCorte
VP of Mortgage Lending
doug.lacorte@guaranteedrate.com
www.guaranteedrate.com/DougLaCorte
o: (480) 214-8851 - m: (602) 769-4577 - f: (866) 769-4433

Grant Olsen & Shannon Shutack
BHHSAZ
REALTOR
Grant.Olsen@BHHSAZ.com
480-800-9635
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0 votes 2 answers Share Flag
Thu Nov 21, 2013
Aleksandar Starcevic answered:
Please call me at 602-761-8824. I might be able to get a lender to get you approved. My name is Alex Starcevic
0 votes 13 answers Share Flag
Tue Dec 9, 2008
Stew Keene answered:
John,

If you are on title you own the home.

You can arrange to purchase a new home as Primary by selling or leasing the current home you live in.

If your parents signed it over free and clear, then you might want to lease the home for positive cash flow.

This will also change your debt ratio in a positive way with any lender.

The kind of loan you are likely to get since you indicated your desire to be a 1st time owner is an FHA loan, but it will depend on the money you have saved for a down payment. If you sell the home you are in then equity from the sale could be used to purchase the home you want to buy.

The one thing I can tell you positively without any hesitation is that you need to be using a qualified Lender and an experienced Realtor to guide you through the process.

Should you need help I would love to be that person.

I can do the mortgage and the real estate transaction making it very easy for you.

The call is up to you.

Have a Wonderful Holiday! :-)

Stew

Stew Keene
Ph (480) 220-7491
Fax (866- 711 8573
StewKeene@yahoo.com
Keller Williams - Scottsdale, AZ
2008-2009 Master of Real Estate award recipient
ABR, GRI, ePro, CNE, MRE, AHWD
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0 votes 4 answers Share Flag
Fri Jun 6, 2008
Dan Trembulak answered:
When I offer a lease option they have TWO different agreements. “The lease” which is just like renting the home and “The option” which is a purchase agreement with the terms if you are going to proceed with the purchase at the end of, or during, the lease period AND/OR what options you have at that point.

If you’re not willing to proceed with the purchase contract you should contact the landlord near the end of your rental agreement and ask them what your options are. They may continue to allow you to rent, especially if you are a tenant who paid the full rent on time and took care of the property. Remember the landlord is an investor, if it’s good for them and good for you they have no reason not to continue this relationship of landlord and tenant.
Regardless your deposit should be returned to you at the end of your lease PROVIDNG you left the property in good condition, unless it wasn't a deposit but an option to buy payment. I return deposits as long as the tenant leaves the property is left in good condition and I can immediately rent or option it again. This is all printed in my documents so look at your paperwork to find more answers.

Good luck and if I can help please contact me. Dan Trembulak, licensed real estate broker, Buy-Sell Realty Inc. Seminole, Florida. E-Mail: RealtorDan@Juno.Com or 727-393-6500.
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