I would check with the home warranty company if you have one. They may be able to help. Otherwise, speak with a real estate attorney. I wish you the best of luck. Welcome to homeownership even though its not starting off great.... more
If you submitted a "request for repairs" and the bank says no no don't give up yet. Sometimes the bank will allow you to use lisenced controtrs and your expense if they sign a liability waiver. I had this situation with a VA buyer and we finally got the bank to allow the items fixed at the buyer's expense. Keep in mind this will be a risk to you if for some reason the deal doesn't close.
Another option would be to see if the lender would allow you to hire the correct professionals before close, get estimates, place the money in escrow to have the repairs done as soon as escrow closes so they know the work will be done.
The loan you are gettin does sound strict though. Many times my lender can get away with a termite waiver and window repairs are no longer an issue for FHA in most cases so I'm not sure what's going on.
I wish you the best of luck.... more
If you would like a referral, I have a associate at Keller Williams Realty who is just great. I referred another Californian to her to see properties while on business and my client was impressed. The areas that she would know would be St. Pete Beach, Dunedin, Safety Harbor and Belle Air to name a few; basically south of Dunedin I think.
Send me your contact information and I would be glad to connect you.
Arturo C. Shivers, Realtor
CA DRE Lic. #01779941
Keller Williams Realty
760 Camino Ramon, Suite 200
Danville, CA 94526
Office: (925) 855-8333 Ext. 272... more
There are a number of listings in this neighborhood I would be happy to send you. Or you can search for yourself at http://jscarealty.com/mls-search-c10346.html.
Please feel free to contact me at any time. I would love to help you in your search.
Erica Jones Starkey
JSCA Real Estate Group
Providing Superior Solutions for Your Individual Real Estate Needs
fax: 925.905.2417... more
As you will likely be selling the property more than 3 years after the mentioned death, you have no issue as there will be nothing to legally disclose.
I sold the family home that had been built by my grandfather in the 40's and in that my mother had recently passed away in due to natural causes. Not only was it a non-issue for non-Asians, I was told by many, including the eventual Buyer, that they considered it a blessing for the home because of the love and peace that surrounded a person passing in their own home! I agree completely with that assessment.
If you were approved for a loan with a down payment then there is an expectation you will have a downpayment. There are very few loans with 100% financing these days. There is an expectation that you will provide a deposit with your offer but no more than 3% of the sales price. The deposit is held uncashed until both parties have acceptance. In this case the sellers lender (s) will need to approve of the sale. Once they have approved or if they do, then escrow is opened and everyone moves forward. Hope this helps a bit.... more