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20879 : Real Estate Advice

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  • Local Info3
  • Home Buying1
  • Home Selling1
  • Market Conditions0

Activity 8
Sun Jun 18, 2017
John Burke answered:
Hi Anja_kiy,

Maybe on a refinance but not on a purchase.
I pretty do nothing but VA purchase loans & I never have a problem with appraised values.

What's interesting is typically the appraised value comes back right at the contract price.

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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0 votes 1 answer Share Flag
Thu Dec 29, 2016
Smbaldizon asked:
I was renting a basement apartment and I would like to remove the listing. I'm still getting inquires and the unit is no longer available.
0 votes 0 Answers Share Flag
Tue Oct 25, 2016
Exemys1930 answered:
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0 votes 12 answers Share Flag
Tue Oct 25, 2016
Exemys1930 answered:
Sun Jul 24, 2016
June Buerkle answered:
There is no way to answer this. Materials selection, overall sq. Footage, even layout are just a few of the items that impact cost.
0 votes 1 answer Share Flag
Thu May 14, 2015
Diana Rice answered:
The higher your score the more choices you'll have. You can get a loan with score under 600 but it will not offer you the best rate/terms; if increasing your score is an issue, then do the best you can and refinance in the future. I know lenders that will lend with 585, if you qualify. Feel free to call Diana 301 570 5420 ... more
0 votes 11 answers Share Flag
Tue Sep 20, 2011
Melissa Barkalow answered:
It could be possible depending on your financial situation and HOA rules regarding renting your home.

I would recommend talking with a lender or two who will best be able to let you know what your options are.

Good luck!
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0 votes 13 answers Share Flag
Wed Jul 29, 2009
John Sikorski answered:
Hi, Christine.

From the sounds of your outline, I'd say you have several options available to you. The first thing I would advise would be to to do two things, just so you have all the information that might be useful: 1) seek a realtor's opinion about the rental rate for homes like yours in your area, and 2) seek out a good, conservative mortgage BANKER for his opinion of your qualifications for buying a second home. You are right, this is an excellent time to consider buying, and if you can keep and rent you current home while still moving up, all the better. Failing that, the realtor can give you a realistic sale price given the time frame you can tolerate. You have morethan a couple of questions to resolve, like what DO you have for cash to bring to the table if you have to sell your home short; do you have the 3.5 - 5% down in addition,for the dp on the new home? Etc..

Find a couple of experienced professionals to help you sort thru this opportunity.

Ski
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