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Home Buying in 95820 : Real Estate Advice

  • All22
  • Local Info4
  • Home Buying8
  • Home Selling1
  • Market Conditions0

Activity 8
Thu May 12, 2016
Sheryl Arndt answered:
Hello Dawn, it may be a HUD home that has to be bid on with a licensed HUD agent like myself. It is not on the HUD for sale list yet. If you need financing to purchase that type of home you can buy those types of homes with the 203k loans.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card for each applicant.

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. You may consider a 3%-5% Sapphire Grant down payment program up to 417k from a minimum 620 fico score which does not have to be repaid.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and consider. Here are some links to study about me as well as web reference links to many loan programs...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA or CalVet loan specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt
... more
0 votes 1 answer Share Flag
Thu May 12, 2016
Sheryl Arndt answered:
Hello Dawn, yes there are but why are you particularly looking for these types of properties? Do you have all cash to buy or do you need financing? If you need financing to purchase you can buy those types of homes with the 203k loans.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card for each applicant.

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. You may consider a 3%-5% Sapphire Grant down payment program up to 417k from a minimum 620 fico score which does not have to be repaid.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and consider. Here are some links to study about me as well as web reference links to many loan programs...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA or CalVet loan specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt
... more
0 votes 4 answers Share Flag
Thu May 12, 2016
Sheryl Arndt answered:
Hello Dawn, why are you particularly looking for these types of properties? Do you have all cash to buy or do you need financing? If you need financing to purchase you can buy those types of homes with the 203k loans.

If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.

You will need to be pre-approved to be able to meet an agent to submit offers on homes of your choice. You will need to gather documentation such as one month paystubs, two month bank statements, last two year tax returns, 1040's, 1099's, W2's and all schedules, copies of drivers license/ID and social security card for each applicant.

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. You may consider a 3%-5% Sapphire Grant down payment program up to 417k from a minimum 620 fico score which does not have to be repaid.

It only takes a few dozen questions to qualify, go over your options and email you listings to study and consider. Here are some links to study about me as well as web reference links to many loan programs...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA or CalVet loan specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
760-486-4225
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
http://youtu.be/MrygA2_8fAY
http://www.trulia.com/profile/SherylArndt
... more
0 votes 1 answer Share Flag
Tue Jan 8, 2013
BB answered:
It helps to be with an experienced agent/broker-associate like myself who has been involved in many short sales. If you have any further questions, don't hesistate to shoot me an email:

Brian Gorban
bgorban@gmail.com\
Broker-Associate: DRE # 01901473
... more
0 votes 5 answers Share Flag
Tue Jan 8, 2013
BB answered:
Shouldn't need to buy all-cash, but the seller typically chooses that as it obviously has a higher chance of closing (not loan and/or appraiser contigent)
0 votes 8 answers Share Flag
Tue Jan 8, 2013
BB answered:
Yes, in my experience, the banks are so backlogged and always best to stay in touch with your contact person..Hopefully they get their act together and get it closed for you!
0 votes 11 answers Share Flag
Mon Oct 17, 2011
Rudi Hofmann answered:
I suggest you avoid this. Usually, the only person that benefits is the seller. You only need 3.5% down or maybe less to get a FHA loan. Google lease to own. See what more info you can get.

Happy funding, Rudi
... more
0 votes 5 answers Share Flag
Thu Oct 23, 2008
Ute Ferdig answered:
Hello Trisha. This home has been under contract since 9/15. The asking price was $129,900. Sorry you missed out on this one. The good news is that there are lots of other similar homes on the market. Let me know if you'd like more information concerning current inventory. I'd be happy to assist you if you are not already working with an agent. ... more
0 votes 2 answers Share Flag
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