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Home Buying in Cordova : Real Estate Advice

  • All100
  • Local Info4
  • Home Buying26
  • Home Selling1
  • Market Conditions9

Activity 29
Mon Apr 4, 2016
Jonathan Lahey answered:
Hi Masteringme01,

Our team is very much available to discus this situation of you, we might help you regarding with your present status. Thanks!
0 votes 1 answer Share Flag
Fri May 1, 2015
thinz answered:
Unfortunately, it will be tough coming out of a chapter13 charge off to qualify for any conventional home loan for several years. I would consider focusing on the best way to purchase a home quickly after having such a negative impact to your credit profile...i.e. looking for purchasing a home with owner financing or renting with an option to buy. In the meantime, you should consider taking out secured loans simply for the purpose of paying them off in a short period of time. You need to start building back up your FICO score...this will help so you qualify for other types of consumer loans/credit you may need. These loans are not for spending, just building up your credit score!
Good luck. Tom Hinz www.shortsaletosell.com
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0 votes 1 answer Share Flag
Wed Apr 29, 2015
thinz answered:
You may want to reconsider putting so much money down...why tie up so much capital on a home that needs work? I would consider an FHA 203(k) Home renovation loan with 3.5% down (or a little more) or look for a Fannie Mae (Homepath) property offering a Fannie Mae Homestyle Renovation Loan...How much you put down may change depending on your FICO score...but I would not recommend doing 50% down. Good luck. Tom Hinz thinz@apexgroupus.com www.shortsaletosell.com ... more
0 votes 5 answers Share Flag
Wed Apr 29, 2015
thinz answered:
If it were me, I would spend an hour a day calling on the various rentals listed in the area you are interested in and ask if the owner would be interested in doing a lease purchase. It's likely you will find motivated landlords and homeowners that are interested. Could also just start by going to Google and typing the following: lease purchase cordova tn You will be busy and I'm sure find something. Good luck... Tom Hinz thinz@apexgroupus.com www.shortsaletosell.com ... more
0 votes 1 answer Share Flag
Tue May 21, 2013
sandyt10 answered:
Hi Sandy, I am a new home sales agent in Cordova. I sell for Regency Home Builders exclusively. Regency is the #1 new home builder in Shelby County and we have 7 neighborhoods in Cordova. I can offer you anywhere from $144,900 to over $300,000 and zero lot lines to 1 ac. lots. Regency is known for all the terrific standard features like granite counters, hardwood floors, stainless appliances, smooth ceilings, 9-11 ft. ceilings, tile showers, tankless hot water heaters, low-E windows, and.......well the list goes on! You owe it to yourself to visit us. My neighborhood is located at 2011 South Bend (just off Houston Levee). From there I can show you all our Cordova communities. Come by 11-7 most any day or call me at 901-262-5540. Sandy Thomas, Agent, Leader Realty, LLC ... more
0 votes 6 answers Share Flag
Tue May 21, 2013
Skip Miller answered:
Reed and Accociates
269 Germantown Bend Cove Cordova, TN 38018
(901) 758-1133

Ask for Ben
0 votes 1 answer Share Flag
Thu Dec 6, 2012
Aaron Ray answered:
T. Carter, have you confirmed on-time monthly payments of your mortgage as the loan is still in your name?

If the home as been rented for 12 months or longer, are you filing the rental income on your tax returns?

What portion of the rental fee is the property management company keeping of the rent?

Do you have a copy of your management agreement with this company for a local real estate attorney to review with you?

If you still need some hands-on help, please contact me, Arron Rena' Ray, 901-652-5410, arron.ray@crye-leike.com, http://arronrenaray.crye-leike.com

Thank you!
... more
0 votes 4 answers Share Flag
Thu Dec 6, 2012
Aaron Ray answered:
As a licensed Realtor and Certified Public Accountant (CPA), I libe for investor clients!

What is your net cash flow goals monthly, ROI (Return on Investments), and ownership term range? Are you buying with cash, owner-financing or bank financing? Here is my contact information: Arron Rena' Ray, Crye-Leike Realtors, arron.ray@crye-leike.com, 901-652-5410, http://arronrenaray.crye-leike.com ... more
0 votes 3 answers Share Flag
Thu Dec 6, 2012
Aaron Ray answered:
I have a 4BR, 2.5 Bath Cordova home near Harding Academy, the Post Office, Malco Theater and Incredible Pizza for $1,400 per month on rental or lease purchase. Very safe and convenient location to Germantown Parkway, Walnut Grove, I-40, etc. Arron Rena' Ray, 901-652-5410, arron.ray@crye-leike.com, http://arronrenaray.crye-leike.com ... more
0 votes 6 answers Share Flag
Sat Dec 1, 2012
Sherry Hulen answered:
what price range are you looking in? this will determine the location. there are some great neighborhoods I can show you!
Sherry Hulen
shulen@crye-leike.com
9o1-550-6270
0 votes 3 answers Share Flag
Sat Oct 20, 2012
Todd Feemster answered:
I would be happy to talk with you about the great investment properties in the Memphis area and how to take full advantage of their investment potential.

I currently work with investors from all around the nation and have developed a system of providing the the information that investors need to make sound business decisions.

By using these we not only can build a profitable real estate portfolio but we also concentrate on what you want your investment portfolio achieve. Short term = return on investment, Long term = increase of investment value as the market rebounds.

There are a great deal of opportunities you, as a real estate investor can take advantage of.

Contact me and tell me what type of investments your looking for and what direction you want your investment to go, long term or short term or possible a combination of both.

My contact information is:
Todd Feemster
First National Realty.
(901) 281-7716
todd.feemster@yahoo.com
... more
0 votes 4 answers Share Flag
Thu Oct 4, 2012
Sherry Hulen answered:
usda is out of money. contact me and I can help you with other options.
shulen@crye-leike.com
0 votes 5 answers Share Flag
Wed Sep 5, 2012
Jason & Laura Wallace Team answered:
We might be able to help...

Call us today!

Laura and Jason Wallace
0 votes 3 answers Share Flag
Thu Aug 9, 2012
Sharon Long answered:
0 votes 4 answers Share Flag
Tue Jun 19, 2012
Rosie Olloway answered:
Call me at 870-629-9168 or go to my website rolloway@primelending.com. I work for Prime Lending...Rosie
0 votes 3 answers Share Flag
Tue Jun 19, 2012
Rosie Olloway answered:
Has he file his taxes for at less two years? your credit will only work if you have any income to put you on with him.
0 votes 3 answers Share Flag
Fri Aug 12, 2011
Steven Ford answered:
Non-qualifying lease purchases sometimes are by nature setting you up to fail. They take a non-refundable down payment, set terms and conditions, and wait for you to not hold up your end of the bargain. In many cases, they want you to violate the terms of the lease, sometimes bordering on draconian, so they can ask you to leave and collect another down payment from the next guy. In this case...I can't imagine why they have "qualifiers" unless they are a little more on the up-and-up.

No matter the case....unless your credit is so wrecked you can't rent something...I would avoid non-qualifying lease purchases.

Good Luck
... more
1 vote 5 answers Share Flag
Fri Jan 28, 2011
Dallas Texas answered:
FYI - for these types of transaction always use a Realtor . Many scams are out their for this type of purchase

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
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