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95476 : Real Estate Advice

  • All17
  • Local Info2
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 15
Fri May 12, 2017
philip oggero asked:
I changed my settings to only get emails about one saved search, but I still get tons of emails about stuff I don't want and removed from my saved search STOP IT
0 votes 0 Answers Share Flag
Wed Mar 1, 2017
Sheryl Arndt answered:
Hello Dcarroll, it depends on what your meaning by bad credit. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down up to 424k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 424k.

If you are buying a primary residence you could consider a down payment assistance program such as CalHFA or Sapphire Grant which can cover your down payment and closing costs. You may close with minimal out of pocket expenses. You may consider the CalHFA from a minimum 640 fico score and the Sapphire Grant from a minimum 620 fico score up to 424k.

You may qualify ONE DAY after a short sale, foreclosure or deed in lieu with 20% down and minimum 620 fico score.

You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. You will need to gather some documentation for each applicant.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 3 answers Share Flag
Mon Feb 29, 2016
Mary Weakley asked:
Sat Jul 20, 2013
Terry Bell answered:
I'm not hearing any buyers complaining about rising rates, just concern about the increase in prices. Perhaps as inventory continues to grow, things will continue to stabilize in our market. ... more
0 votes 5 answers Share Flag
Wed Jul 3, 2013
Claudia Muller answered:
As a lender, I would put together an estimate of closing costs for you.
I would contact the title/escrow company and get and an estimate of their fees.
I would ask you if you were planning on having your taxes and insurance included with your house payment as this will greatly impact your closing costs.
With a zero point loan, it would be good to budget about 2.25% of your purchase price for closing costs.
... more
1 vote 8 answers Share Flag
Sun Nov 4, 2012
Lance King answered:
there are sex offenders everywhere. you will probably be shocked to see how many. you've gotten some good websites below to check it out.

Best Regards,

Lance King/Owner-Managing Broker
DRE# 01384425
... more
0 votes 4 answers Share Flag
Tue Sep 11, 2012
CJ Holmes answered:
What is the property address? With that information I should be able to provide solid guidance for you. I recommend we take this offline. Thanks, cj
0 votes 1 answer Share Flag
Fri Apr 29, 2011
Kamal Randhawa answered:

Here are links for community and school info: ... more
0 votes 4 answers Share Flag
Sat Feb 5, 2011
Matthew Baker answered:
If you look at all the government spending it is 99% chance that rates will be higher on overage over the next 5 years. Perhaps rates can recover based on global and other market factors outside of common thinking, but the indicators are leading to higher rates. If you plan on being in the home longer than 5 years don't get yourself in trouble 5 years down the line. I have put people in 5 year loans recently however it all depends on their motivation and end goal. Think it over and way the Pros and Cons, lower payment now with the threat of higher payment later. It really comes down to that. Make a list, think about it, sleep on it. Then go with your decision and don't look back, plan for the future. ... more
0 votes 9 answers Share Flag
Sat Feb 5, 2011
... answered:
If it's a true mobile and not manufactured with a foundation then it doesn't matter - if you're buying the home it's yours, not the investor's. You would be hard pressed to find competitive financing for a mobile home. I finance manufactured homes and have seen most programs for those disappear over the past few years. Mobile homes in a park are not real property (titled, not deeded or affixed to land) so they are chattel loans - much like car loans or personal loans. The home will depreciate and be valued according to its condition with no bearing on other homes in the park. ... more
0 votes 2 answers Share Flag
Mon Jan 3, 2011
Ally May answered:
It is a single level, upstairs condo. It is bank owned now and has been on the market for about 40 days. On the MLS the addres on 1st Street East, but it is actually 1st Street West, which in Sonoma does create a value adjustment. I don't know if there are any offers on this as yet, if you would like me to find out for you, please contact me and I will let check into that.
Hope this is helpful.
... more
0 votes 3 answers Share Flag
Wed Oct 6, 2010
Pete Brocco answered:
Yes, call me for a list.
Pete Brocco
Brocco Real Estate
CA DRE License #00846056
RealtyTrac Broker
(707) 571-8213
0 votes 6 answers Share Flag
Tue Aug 17, 2010
Terry Bell answered:
Dear James, if you go into "buy" and click on "more search options", you can search back 9 months for sold homes in whatever categories you want. If you are a "buyer" you don't pay for an agent, so why not use one to help you! Best, Terry Bell, Realtor, CPS Real Estate, Santa Rosa, CA 95404 DRE# 01414808
... more
0 votes 7 answers Share Flag
Tue Dec 8, 2009
Taylor Mason answered:
Yes there may be a chance to find a mobile owner that will do a seller carry back. The best thing to do is come in so we can search this together and look for this special need of yours.

Call me at (707) 484-0295
... more
0 votes 2 answers Share Flag
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