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Home Buying in Hickory : Real Estate Advice

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  • Local Info4
  • Home Buying20
  • Home Selling7
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Activity 28
Mon Jan 4, 2016
Dan Tabit answered:
Herbie,
You "might" find someone willing to provide a mortgage for you with that score, but I think that just because you can, doesn't mean you should.
Congratulations on the cash. In my opinion the wisest thing you could do with it is go to work on your credit. Pay down your debts, get a secured card (secured against some of that money if needed) and use it for gas, groceries and normal expenses then pay it off monthly. Dispute any errors on your credit report in writing to each agency that reports them. DO NOT close any accounts or pay off any old collections unless your loan officer instructs you too as a condition of final approval.
Get into some good habits and when your scores are up, you'll be able to get a mortgage with great rates and not only buy your home, but be able to keep it. Best of luck.
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Mon Nov 30, 2015
Indepth1dd asked:
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Sat Nov 28, 2015
Indepth1dd asked:
Retiring to this area in the spring from TX.
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Sat Feb 21, 2015
Judy Poole answered:
Where was the asbestos found? I was interested in the house until I read this.
0 votes 6 answers Share Flag
Tue Aug 5, 2014
Tanya answered:
Typically the lender never has but it is gravitating toward that direction because of issues of the property condition coming up later on. Likewise, investors are starting to require them to purchase loans. But to answer your question, Debby, no, I have not heard of any lender requiring minor repairs. They are looking for structural or safety issues. And as a concerned lender and realtor, you want to make sure your client is purchasing a structurally safe property so there should be no real issue. However, individually lenders can impose whatever they want but that is the purpose ... more
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Mon Jun 30, 2014
Tony answered:
the closest water moccasin to Hickory is about 200 miles away.
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Mon Jan 27, 2014
Teresa Bowman answered:
I would be more than happy to help you find the home you are looking for in our area. I have lived in Hickory all my life and know the area well. If you would contact me so we could discuss what your wants and needs are, then I will have several homes ready for you to view when you get to Hickory. I look forward to hearing from you soon. My email is: teresa.hickoryhomesource@gmail.com and my cell is: 828-228-0440. Have a great day. ... more
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Fri Nov 8, 2013
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
http://www.neighborhoodscout.com/
https://www.crimereports.com/
http://www.homefair.com/
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Fri Sep 20, 2013
answered:
For Conventional Loans: If it was a Chapter 7, then you must wait 2 full years. If it was a Chapter 13, then you can apply after making one year of ontime payments.

For FHA: They have recently relaxed guidelines that qualify for an "Economic Event."

Call me for more info.

Ray Stevens
Branch Manager
239 481-9514
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Fri Sep 20, 2013
answered:
I looked it up. This address is not located in an eligible area.

There are many other loans you can get into. Call me.

Ray Stevens
Branch Manager
239 481-9514
0 votes 3 answers Share Flag
Tue Jul 2, 2013
Jessica Bateman answered:
You can get approved with a 680 for VA If any company can get you approved its the The Lenders Network,

Good Luck!
2 votes 5 answers Share Flag
Tue Jul 2, 2013
Jessica Bateman answered:
You can get approved with a 600 for FHA and possible get down payment assistance, I am not too sure about USDA, I have a great place I send my clients with scores under a 640 to get approved. If any company can get you approved its the The Lenders Network, I have closed some deals I never thought I would but they they approved scores below 600.

Good Luck!
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Mon Jul 1, 2013
Amanda Stokes answered:
Let me know when I can help you.
About half of my business is out of state clients.
Please let me know when you are ready.
Call me at 828-234-9553

Thanks,
Amanda Stokes
Broker/REALTOR ... more
0 votes 3 answers Share Flag
Wed Mar 27, 2013
quinbye answered:
5617 Clearlake Dr This Single-Family Home located at 5617 Clearlake Drive, Hickory NC is currently for sale and has been listed on Trulia for 57 days. This property is listed by Keller Williams Realty/FLC LLC for $125,000. 5617 Clearlake Dr has 4 beds, 3 baths, and approximately 4,253 square feet. The price per square foot is $29. The property has a lot size of 0.69 acres and was built in 1972. 5617 Clearlake Dr is in the 28601 ZIP code in Hickory, NC. ... more
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Fri Dec 14, 2012
Anna M Brocco answered:
A short sale occurs when an owner has proven hardship to the lender and can sell for less than owed on his/her mortgage; the owner can accept whatever offer he/she wishes, but the lender decides to accept, reject or counter offer; short sales are by no means fast sales, much will depend on the number of liens involved, who is negotiating the sale for the owner, etc., therefore much patience is oftentimes necessary... ... more
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Thu Dec 13, 2012
Kenny Dowell answered:
Have tried a a straight purchase yet? I'm an agent with Coldwell Banker Boyd & Hassell I could help you find a lease-purchase, if that is the only option you are interested. As a buyer's agent, my fee comes from the sellar's proceeds in most all cases. If you ever consider getting someone to do the leg-work for you, just let me know. Good luck?

Kenny Dowell
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Mon Jun 18, 2012
Glenn Fisher answered:
If you like the home I would recommend that you pursue the "short" sale route. Keep in mind that this will take months; however, if you can wait it out it will be worth it. If you are the only bidder then start low and find out what the bank has to have. Also, if there is anything wrong with the house make sure that the bank is aware that it needs repairs. Nothing like a roofing contractor to point out that not only does it need new shingles, but some of the sheeting is bad as well. The bank has to hit their number. You will find out what it is. Make sure that your Realtor can do a short sale. There are certifications and they can tell you what they have done and if they work with an attorney and IF the attorney is one that works short sales.

I personally do not like waiting for foreclosure as it has too many unknowns. The courthouse price, upset bids (generaqlly must be 5% in here in Catawba County), and if the bank gets it it may sit for a year or more before it hits the market. If you want a foreclosure, there are plenty already on the market.
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Fri Feb 17, 2012
Marco Gomez & The Reach Team answered:
That is determined by the sellers and their agent upon receiving the offer. Generally you should make an offer based on the comparable sales and the condition of the home.

Regards,
Marco Gomez
NY State Licensed Associate Broker
Keller Williams Landmark II
917-734-2012
marco.gomez@gmail.com
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