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89130 : Real Estate Advice

  • All26
  • Local Info2
  • Home Buying12
  • Home Selling3
  • Market Conditions0

Activity 26
Fri Oct 13, 2017
David Peterson answered:
Good day Everyone, I am Samuel Green by name and i live in the US, i will like to talk about the goodness of God in my life, after so many months of trying to get a loan on the internet and was been scammed so many times, i became desperate in getting a loan from a legit lender online then i saw a comment from a friend called Fred Williams and he talked about this legit loan company where he got his loan fast and easy without any stress so he introduced me to a man called Mr David Peterson who controls a firm called David Peterson Loan Firm, So i applied for a loan sum of ($50,000.00) with an interest rate of 2%, so the loan was approved and deposited into my bank account that was how i was able to get my loan to keep my business running and also to pay off my bills so i am advising everyone of you who are interested in getting a loan to kindly contact them via email as to get any kind of loan you need today. God bless you all... ... more
0 votes 21 answers Share Flag
Tue Apr 25, 2017
James asked:
1000's searching for a home in another state. The supervisor said that its ultimately up to the underwriter to approve the loan. He did not want to admit that his loan officer messed up.
0 votes 0 Answers Share Flag
Sun Feb 12, 2017
Scott Godzyk answered:
First off, they must disclose any relationship between an agent and loan officer if they are one in the same. You can make a try to speak to the managing broker, who may have to go to the banking commission or state re commission. Check with another local and trusted loan officer for an estimate on your mortgage. For legal advice, check with a lawyer who can assist ... more
0 votes 1 answer Share Flag
Tue Jan 3, 2017
Robert Adams answered:
I would recommend reposting this in the Hawaii section for a better response. Right now you are posting in Las Vegas.

Good luck with your loan!
0 votes 7 answers Share Flag
Tue Jan 3, 2017
Yes if you can proof the last 12 months rental history, and have 0 x 30 day late payments in the past 12 months you can qualify with an FHA loan with only 10% down payment.

US Mortgage Lenders - Thomas Martin
Min FICO 580 FHA/VA Loan Approvals 7 days a week
PH: 954-667-9110
... more
0 votes 4 answers Share Flag
Tue Jan 3, 2017
We can provide loans down to a 500 fico with 10% Down case by can if all your payments including rental history have been on time for the last 12 months.
US Mortgage Lenders - Thomas Martin
Min FICO 580 FHA/VA Loan Approvals 7 days a week
PH: 954-667-9110
... more
0 votes 4 answers Share Flag
Tue Jan 3, 2017
Yes, you can buy from a Single Family residence all the way up to a 4plex with an FHA mortgage loan. As long as the property is owner occupied. Meaning the borrower of the FHA mortgage loan has be living at the property as their Primary Residence. It can be done. You can purchase a 1-4 unit.

You will still have to qualify with your income and credit, and a portion of the rental income could possibly be used to offset the payment. As long as there are tenants already in place with long term lease agreements. You will have to put down 3.5% down payment and the seller can credit you up to 6% to cover your closing cost.

US Mortgage Lenders - Thomas Martin
Min FICO 580 FHA/VA Loan Approvals 7 days a week
PH: 954-667-9110
... more
0 votes 16 answers Share Flag
Thu Jul 28, 2016
Erika Bentley answered:
It's just the second phase in a master planned community.
0 votes 1 answer Share Flag
Thu Mar 5, 2015
Team Tiffee answered:
this is an old post but i get these questions all the time with the great expansion of the internet.

1. Competent Real Estate Agent who has the tools and resources and tools available to him and they know how to use them.

2. Seller Due Diligence

3. CMA and good ol' research and homework

The internet sights will never be as up to date or accurate as a local experienced agent who is willing to work hard for you.

Let me know if you have more questions or need some expert assistance.

Craig Tiffee
Real Estate Masters, LLC.
TCM Law Group
(702) 785-8240
... more
0 votes 10 answers Share Flag
Mon Feb 9, 2015
Robin Fraser answered:
0 votes 15 answers Share Flag
Sat Jan 31, 2015
Alvin King answered:
I am sure that you have received information from many different sources, but the fact is; you are not currently receiving income from the condo, so it is A debt that must to be acknowledged. Prior to any decision made, contact A Mortgage professional. Good Luck! If you need more information, click the contact button, located near my name. Good Luck! ... more
0 votes 11 answers Share Flag
Wed Jun 26, 2013
Robert Adams answered:
I know many people that have bought a 4plex with a FHA loan.

Why would you want to convert it into a SFR?

Best Regards,
Robert Adams
The Adams Team at
Rothwell Gornt Companies
... more
0 votes 4 answers Share Flag
Sun Dec 9, 2012
Renee Burrows answered:
Probably not your agent's fault. There is VERY little inventory in the under $150K category. You are competing against cash buyers so if you are financed you need to rethink a new strategy (like waiving and coming in above appraised price with extra cash.) ... more
0 votes 26 answers Share Flag
Thu Dec 6, 2012
Jeanne Scharlund answered:
We do not have as many homes on the market as we did at the first of this year. Good homes are hard to find. If a good one comes on the market and its priced right it will go quickly so therefore lowball offers just do not work anymore and there will probably be up to 3-5 offers submitted. Sometimes it does offend the seller and they just reject the offer. Be very reasonable in your offers, and be totally ready to purchase with a pre-approval letter in hand or proof of funds that you have the cash. With fairly low inventories good properties will move quickly if priced right! Properties are moving upward in price! ... more
0 votes 18 answers Share Flag
Mon Jul 16, 2012
Wendi Williams answered:
Hi, Moe. We have a rent to own division of our real estate brokerage here in Las Vegas, NV. Our websites contain tons of useful information regarding rent to own houses (lease/options) as well as conventional purchases. I hope these links can be of help to you.
... more
2 votes 5 answers Share Flag
Thu Sep 29, 2011
Wendi Williams answered:
Hi, Kurtis.

Las Vegas Short Sales

Short Sales are probably the most dynamic component of the Las Vegas real estate market. First of all, there is nothing “short” about them and it’s a bit of mystery of how or why that term came about. There are real benefits to these types of distressed property sales. See the “benefits” link at the bottom of this page for more info.

What are they?

In summary, a short sale means that the bank is taking a loss on a mortgage to get rid of an asset. For example if Johnny owes $100k on a house and finds a buyer willing to purchase it for $70k, Johnny is asking the lender to take a $30k haircut. This is where you step in and can make money, if you do it right.

Here is a bit of information about short sales if you're still looking:

Meanwhile, if you're still searching for properties, feel free to utilize our FREE MLS Integrated Webpage to view ALL current and available listings in the Las Vegas Metropolitan Area:

If you need help sorting it all out, we have a very successful closing rate.

Advice courtesy of:
Limestone Investments, LLC. - REALTORS®
LV Property Search
(702) 619-6214
... more
0 votes 14 answers Share Flag
Sat Aug 27, 2011
Renee Burrows answered:
1 vote 18 answers Share Flag
Mon Aug 8, 2011
David Cooper answered:
If the offer is below the loan value of the 1st loan, then the second will get nothing, and will certainly NOT agree.
The 2nd will want to get something, so the 1st has to calculate how much they have to give the 2nd before determining what they will accept.

David Cooper. Foreclosure Specialist with 35 Years Investing Experience. Get your Free List of Low-Priced, Bargain Homes with Great Investment Potential Call +1-702-499-7037 or see website
... more
0 votes 4 answers Share Flag
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