Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in Cuyahoga Falls : Real Estate Advice

  • All56
  • Local Info2
  • Home Buying20
  • Home Selling2
  • Market Conditions2

Activity 29
Silu, Home Buyer in Kent, OH
Mon Oct 24, 2016
Silu asked:
I am currently a PhD student in KSU (already acquired my master degree in NY). I am an international student holding a F1 visa.
My monthly salary is around $2,000 after tax. My credit…
0 votes 0 Answers Share Flag
Micah Riley…, Real Estate Pro in Stow, OH
Mon Nov 17, 2014
Micah Riley 330.338.5130 answered:
Kimberly, based on your criteria there are a number of homes for sale. Has anyone assisted you with your need? Thanks!
Micah Riley
0 votes 2 answers Share Flag
Micah Riley…, Real Estate Pro in Stow, OH
Mon Nov 17, 2014
Micah Riley 330.338.5130 answered:
I would reach out to the office manager or managing broker. If you were released from your listing, then you should be entitled to a copy of what you signed. I would also be sure listing agreement was terminated before you re-list as you would not want to pay 2 commissions if the home sells.
Thanks.
... more
0 votes 2 answers Share Flag
Anna M Brocco, Real Estate Pro in Williston Park, NY
Sun Mar 9, 2014
Anna M Brocco answered:
You can flag the listing--once you open the property link, click on the flag icon or contact customer service directly http://www.trulia.com/help/ask/ You can also consider reporting tbe scam to the local authorities. If you are not working with an agent, always verify ownership before exchanging any money/personal information. ... more
0 votes 2 answers Share Flag
Tony Grech, Real Estate Pro in Southfield, MI
Thu Dec 19, 2013
Tony Grech answered:
Chapter 13 rules are tricky Kimberly. With Conventional loans it is pretty cut and dry. In most cases it's 4 years, but with extenuating circumstances it can be as little as 2 years.

If you are still IN chapter 13, FHA guidelines may permit you to obtain a new loan if the following apply:
- one year of the pay-out period under the bankruptcy has elapsed
· the borrower’s payment performance has been satisfactory and all required
payments have been made on time, and
· the borrower has received written permission from bankruptcy court to enter
into the mortgage transaction.

If the BK has been discharged and 2 years have elapsed then it will be much easier to get approved, provided you have re-established good credit with no lates since. Technically, the guidelines allow you to apply 1 year out of discharge, but they say your application must be downgraded to a REFER and be manually reviewed by a Direct Endorsement (DE) underwriter. This means there will be additional restrictions placed on you, with regards to debt ratios and such. In addition, some lenders might not even touch that deal or they may place additional lender overlays in place.

In either case, I would speak to a lender soon. Even if you need to wait until the 2 year mark, it doesn't hurt to check things out 6 months ahead to see if there is anything you need to work on to get yourself in shape before then.

Feel free to call me if you would like assistance.


Tony


Tony Grech | Mortgage Loan Originator | NMLS 977416
PMAC Lending Services, Inc.
Toll-free (855) 642-4762 | Fax (248) 945-4842 | Direct (248) 728-0078
tony.grech@pmac.com
... more
0 votes 3 answers Share Flag
Cecilia Sher…, Real Estate Pro in Rocky River, OH
Wed Dec 18, 2013
Cecilia Sherrard answered:
Yes, you hired and paid for an independent inspection with the inspector of your choice. Often times an agent may ask for permission to share the report with the listing agent to show work needed/recommendations, etc. It is your report and photos though.

Cecilia Sherrard
RE/MAX NE Ohio
216-323-4620
http://www.YouShouldOwn.com
... more
0 votes 2 answers Share Flag
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Thu Nov 14, 2013
Annette Lawrence answered:
You bet agents do.
Not only is such a list avaialbe, you can be assured agents are sending an avalance of mail to that address offering to help the citizen to get on with their life.
-
In addition to that, their are highly refined strategies that are highly effective for buyer and sellers that exploit this very situation.
-
You will find it highly benefical to consult with a multi-dimensinal REALTOR in Cuyahoga Falls, OH to develop a strategy uniquely for you.
The agent you want to work with will have make their telephone number EASY to find and will answer their phone.

Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
Move to the Front of the Line
(http://FirstLookHomes.us)
... more
0 votes 4 answers Share Flag
Annette  Law…, Real Estate Pro in Palm Harbor, FL
Thu Nov 14, 2013
Annette Lawrence answered:
Both pre-foreclosures (citizen owned) and foreclosures (bank owned) are primarly handled through real estate professional. If you are SERIOUSLY considering BUYING or SELLING, simply pick up the phone and call a Hiram, OH, REALTOR. They will have accesss to the uninque instructions regarding the process and conditions.
-
Don't use that contact button/link. If you are serious, pick up the phone.

Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041
Move to the Front of the Line
(http://FirstLookHomes.us)
... more
0 votes 3 answers Share Flag
Micah Riley…, Real Estate Pro in Stow, OH
Thu Nov 14, 2013
Micah Riley 330.338.5130 answered:
Asbolutely. Purchasing a home on a land contract is pretty much excatly the same as purchasing a home traditionally. The only difference is the seller will in essence "be your mortgage company" for a period of time (the contract period). Then you would go to another lender to obtain the funds to re-finance and pay off the prior seller. I will tell you that sellers that offer a home on a land contract are typically more guarded and strict on their terms. ... more
0 votes 3 answers Share Flag
Micah Riley…, Real Estate Pro in Stow, OH
Wed Aug 14, 2013
Micah Riley 330.338.5130 answered:
There are a couple things to point out when purchasing a foreclosure:

1. What type of loan you are obtaining (if not paying cash). Some foreclosed homes do not qualify for a FHA 203B mortgage, therefore you will need to either obtain a Conventional or a FHA 203K rennovation loan.
2. Regarding area, you will have to find a Realtor to research information on areas that you might be interested in. There are homes with value in all areas, so it really just comes down to where you feel comfortable buying.
3. You have to act fast! Foreclosed homes are typically selling very quickly and sometimes for above asking price.

Call me with any questions.
Micah Riley, REALTOR
330.338.5130 cell
... more
0 votes 5 answers Share Flag
Edwin,  in California
Fri Jul 5, 2013
Edwin answered:
I am a loan officer in the state of ohio pleas give me a call to better asist you and your husband.

Edwin Mieles
Senior Loan Officer




Residential Finance
1 Easton Oval Suite 400
Columbus, OH 43219
614.754.2754 Direct
614.324.4700 Ext 1561
877.224.7657 Fax
NMLS: 986881
Company NMLS ID: 1652


edwin.mieles@residentialfinance.com
... more
0 votes 3 answers Share Flag
Kimberly Law…, Real Estate Pro in Fairfield, OH
Mon May 6, 2013
Kimberly Lawson answered:
Sorry, below, where it says Maurice, should be "may have". My tablet changed it. Gotta love auto correct.
0 votes 2 answers Share Flag
Carey Ferrari, Real Estate Pro in Cuyahoga Falls, OH
Wed Apr 17, 2013
Carey Ferrari answered:
Jean Hudson, Home Seller in Cuyahoga Falls, OH
Tue Jan 1, 2013
Jean Hudson answered:
I am sorry I do not know about the property at 2210 Pinebrook Trail. I only know about the house pictured here in Cuyahoga Falls. It does not have an HOA. This house is also listed on Zillow and has more pics. ... more
0 votes 4 answers Share Flag
Jean Hudson, Home Seller in Cuyahoga Falls, OH
Tue Dec 11, 2012
Jean Hudson answered:
Hello Dan!
I actually am selling a home in Cuyahoga Falls, Ohio. It's a great area and I believe you can look on my profile as I have info there. I don't know if your kids are small or not but if they are, you may want to at least check it out! 4br/2bath 2 1/2 story Colonial. ... more
0 votes 12 answers Share Flag
Jean Hudson, Home Seller in Cuyahoga Falls, OH
Tue Dec 11, 2012
Jean Hudson answered:
As you stated most basements in Cuyahoga Falls have the efflorescence due to the clay in the soil and the water table being so high. A home inspection is always a good idea if you are interested in a home. However efflorescence does not always mean the walls are damaged. Make sure to look for cracks and as you stated bowing in the walls. From all I understand, you can ask the seller (or their agent) prior to putting an offer on the home if they can help with costs of repair if the inspector believes there is a problem. Also you can ask the inspector what can be done to resolve the issue and possible cost to you. This will give you a better idea of what offer to make. Please keep in mind many houses are being sold "as is" right now due to the economy. ... more
0 votes 4 answers Share Flag
Carey Ferrari, Real Estate Pro in Cuyahoga Falls, OH
Sun Jan 2, 2011
Carey Ferrari answered:
Down payment for FHA is 3.5% and closing costs should be around 3% of purchase price. You indicated this is an FHA203K loan, perhaps that is the reason for additional fees, but it still seems high to me. Speak with your agent in regards to the extension, as I am not representing you. I do know that as long as you close on time, the seller "the bank" does not care where the loan comes from....all they care about is closing on time. Keep in mind there is most likely a per diem of $50-$100 a day charged by the seller if you do not close on time. Best of Luck to you! ... more
0 votes 11 answers Share Flag
Mike Walker, Real Estate Pro in Akron, OH
Fri Aug 6, 2010
Mike Walker answered:
1 2
Search Advice
Search
Home Buying in Cuyahoga Falls Zip Codes

Followers

107