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Home Buying in Chesapeake : Real Estate Advice

  • All294
  • Local Info20
  • Home Buying82
  • Home Selling14
  • Market Conditions1

Activity 120
Thu Jul 6, 2017
Amber McCulloch answered:
Hello! We are glad to hear that you are moving here! Please contact me so that we can help you get the ball rolling. Cell: 757.528.2278 We have plenty of resources to provide you what you may need in your transition here.
Want to peak at properties currently on the market? www.AmberMcCulloch.info

Our office #CBProNorfolk is half way between NOB and NAB Little Creek on E. Little Creek Road. We look forward to hearing from you so that we may welcome you to your new home.
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Sun Jul 2, 2017
answered:
Hi Texboy409,

I can do VA & FHA loans down to a 580 score BUT you have to remember, your credit score is just the door opener when it comes to getting approved for a mortgage.

I specialize in VA & would be happy to help you.

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
jburke@gpbankTX.net
Apply Online: https://secure.smartapp1003.com/102471/?loanofficerid=106115
(877)228-9069
NMLS# 787231
http://www.trulia.com/mortgage-lender-profile/MTG%20Banker/#reviews
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Thu Jun 8, 2017
Kathy Burgreen answered:
Yes it's legal for builders and their agents to refuse your lender. You need to learn that builders know buyers like you love new construction and if you refuse to play along with all their crap, it's very easy for builders to say "sorry, but if you don't go along with what I need, you need to leave and another buyer will be here in 5 minutes who will use our lender. Have a nice day. Goodbye." Remember, you're 1 person out of at least 50 other people. Out of those 50 people, all the builder needs is 2 - 3 people who will use their lender. The odds are in the builder's court.

One thing you failed to mention is the builder's contract. Builders do NOT use standard state approved contracts that realtors use. Builders have their own contracts written by attorneys to protect them - not you. If you took their contract to your attorney to rewrite the terms to favor you, I can guarantee the builder would rip the contract or put it in the shredder and force you to sign their contract with NO changes. If you refused, the builder would say "sorry, but if you don't go along with what I need, you need to leave and another buyer will be here in 5 minutes who will sign the contract as is. Have a nice day. Goodbye."
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Thu Jun 1, 2017
answered:
Hi Kristen72,

It depends on the circumstances of the divorce & the type of mortgage that you're eligible for.

For example: FHA requires a 3 year after a foreclosure in order to be eligible. FHA does have an exception to the 3 year wait in cases of divorce but only if
A) The home was awarded to your ex &
B) The mortgage was not in foreclosure prior to the divorce.

Who was awarded the home in the divorce?

VA only requires a 2 year wait after the foreclosure to be eligible & USDA requires a 3 year wait.

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
jburke@gpbankTX.net
Apply Online: https://secure.smartapp1003.com/102471/?loanofficerid=106115
(877)228-9069
NMLS# 787231
http://www.trulia.com/mortgage-lender-profile/MTG%20Banker/#reviews
... more
0 votes 1 answer Share Flag
Sat Sep 10, 2016
Alan May answered:
It's an opening bid for an "auction" of a home that's in foreclosure. Don't expect the property to sell for that price.
0 votes 1 answer Share Flag
Sun May 15, 2016
Trish answered:
Hello community I am look for an agent in Saginaw MI, I am a first time home buyer. Please help me.
Thank you
Trish
0 votes 15 answers Share Flag
Fri Feb 26, 2016
Elaine asked:
808 SPARROW ROAD CHESAPEAKE, 23325 - MLS# 1602613
0 votes 0 Answers Share Flag
Wed Jul 29, 2015
Robert Pickles answered:
WhatIWant -

Great nickname. I have clients that decide to rent for various reasons, some to continue building equity, some because they can't sell without bringing funds to the table . . . Many of these clients are able to purchase. Like Dan said, your debt-to-income ratio's will be a factor, as well as the loan type you are using for your new home purchase. Also like Dan said, the best person to address with with would be a loan officer. I highly reccomend Brad Schloss of SimonTowne Mortgage. He has helped hundreds of my clients with their purchase, several of which had a home that they did not, or could not sell. His contact information follows:

Brad Schloss
Assistant Vice President
SimonTowne Mortgage - Your Hometown Mortgage Lender NMLS Company ID # 875022
NMLS# 206808
600 22nd Street, Suite 303
Virginia Beach, VA 23451
Cell: 757.589.8872
Fax: 1-866-281-7457
Phone: 757.687.5095
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Thu Apr 23, 2015
Anna M Brocco answered:
For a personalized answer regarding your loan options, visit with any licensed loan officer; be aware that a mortgage pre approval letter is necessary to determine your price range and for any offers to be taken seriously. ... more
0 votes 1 answer Share Flag
Mon Apr 6, 2015
Tim Moore answered:
Short sales are the devil in real estate these days and nothing about them makes any sense at all. The listed price is almost never the price the bank accepts, I call it more like BAIT on the hook to catch a buyer to make an offer. Only after an offer is made will the bank decide what they actually want and that can take months. 3-5 months is typical to get a rely from an offer. It seems odd that the listing agent would drop the asking price if it is really under contract, even though the bank has not answered the offer on the table. It makes no sense to me, but short sales being listed on the MLS make no sense to me until the bank says what they actually want for the house. Have your agent ask the listing agent what is going on and find out for sure, don't assume. Be ready for a LONG and BUMPY ride! ... more
0 votes 1 answer Share Flag
Sat Mar 7, 2015
Lennyberg1 asked:
Mon Feb 2, 2015
Ann Markley answered:
Sometimes if you have questionable credit you may need to open a secured credit card to reestablish your credit payment history but I would definitely speak with your lender or I could put you in touch with a local lender who would be happy to provide you with some guidance.

Let me know how I may assist you.
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0 votes 1 answer Share Flag
Fri Nov 28, 2014
Lori Jeltema answered:
Nadezda,

There is no link to the house you are referring to . Feel free to contact me directly at 757-719-3986 and I will try to help you out.

Happy Holidays.
0 votes 1 answer Share Flag
Thu Sep 11, 2014
Sam Bush answered:
Hello Terrell & Jamecia,

In the situation that you describe, it is best to provide the information required by your new prospective landlord, build trust through transparency, in addition to proposing to extend a few months of rent in advance for security purposes. Then you will be positioned to restore your good standing as a tenant, while maintaining the property in the same manner that you assumed it in.

best wishes to you both!
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0 votes 1 answer Share Flag
Thu Sep 4, 2014
Yvonne Hagaman answered:
513 Corapeake is a short sale, with a short sale the selling price has to meet or exceed the appraisal. Appraisals are completed once the home goes under contract to purchase. The bank which is the third party has to approve this price once appraisal is complete. This is most likely why the price has gone up. If you are looking for a home in the Hampton Roads area please feel free to give me a call at anytime.
Yvonne Hagaman
Realtor
Rose & Womble Realty
(757) 309-1647
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