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Home Buying in 98125 : Real Estate Advice

  • All18
  • Local Info0
  • Home Buying4
  • Home Selling4
  • Market Conditions1

Activity 4
Sat Sep 3, 2016
Kary Krismer answered:
Sally's answer is very good, but she forgot to mention VA for veterans. 0% down, and disable vets get lower loan costs. The state also has some first time buyer programs with down payment assistance, but they typically require 2nd mortgages which adds a bit more risk. ... more
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Sun Jul 8, 2012
Jirius Isaac answered:
You should wait until it comes on the market, which could be this week or in a year or 2. If you would like me to keep track of it, contact me directly & let me know & I will be happy to research it for you.

Otherwise, good luck, Jirius Isaac
... more
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Wed Jun 29, 2011
Tunnelportterror answered:
fannie mae grabs the property using their huge reserve trillions $$ in federal bailout money, created from nothing by the Federal Reserve system. they bail out the lender at full face value, why not the money is printed or created in the computer with a keystroke. no labor or value attached to it. well this means the international bankers who run/own the fed, have been hosed. so they go back into the market with a vengeance, trying to make the American people pay back as much of the original mortgage as possible. they'll list it for 1/2 the loan value, then take it off market, relist again, trying to fish for higher offers. all this time they are cheap f-ers and don't even pay to have the deed recorded. think of FNMA as mortgage ship pirates complete with skull/crossbones on flag. so finally they con some innocent American family to buy it. said buyer has 3% down, or if they're a cash buyer 10% down. well guess what, the deal can't close, cuz FNMA never recorded the deed at the sheriff's office in the county where its located. so...they make you wait while they dick around trying to get title and deed recorded. some counties are a little less corrupt and more honest than others, so they never can get a deed recorded, it's a junk property. so then FNMA kicks the deal, and "should" give your money back. but I'm starting to think they wait and see if you'll break some hidden stipulation in the deal, that they can then keep your earnest money. don't trust these people, they'll screw you out of your earnest money. all this time for months waiting, FNMA is sitting on all these deposits and earnest money in the millions or billions $$, so it generates CASH FLOW and that's the name of the game. I'd wager millions have been stolen from homebuyers in this manner. not to mention all the money wasted on home inspections, surveys, lawyer fees, that stupid $75 class they have, etc. then the deal doesn't close anyway. my advice is this- put your offer in at 80% of asking. demand a 3 day time answer. if they don't answer, get your deposit back and walk. if they ask for an extension, get your earnest money back and walk. used car dealers don't even sell a car without a title, yet FNMA is trying to sell homes with no deed recorded. that's because they aren't even Americans behind that corp. they are international investors trying to recoup their junk bond investments. ... more
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Wed Jun 29, 2011
scott farmer answered:
They didn't extend on the agent bonus due to their own delays. Hope you get the closing costs especially if they affect your ability to close. It certainly would be in their best interest to deliver on the offer. ... more
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