I bought a Fannie Mae... Bank wanted 115...realtor said its not worth it...I offered 105...I qualified.. All my paperwork in order but appraisal came back @ 97. Realtor thought bank wouldn't go that low....guess what?? I bought it for 97)! Now 4 YRS later its worth 175....go for it! Try!!!... more
3508 Paige is not currently on the market. The property taxes during 2010 were approx. $1,900 for the year. There are a few homes active on the market in that area, if you are interested in that location.... more
Good advise provided thus far. My experience has shown cash, which goes hand n hand with fast closing timeframe (the next most attractive thing for seller), definitely gives you the upper hand. When securing a mortgage the seller knowing you are 100% pre-approved and no issues are going to arise that will kill the deal is also key; finding a loan officer/mortgage company that issues pre-approvals with certainty is not easy. Realtors that work me know I take my pre-approvals very seriously, so much so that I guarantee a closed loan. Other than that, as already stated, offers can be structured many different ways and the seller usually only cares their net profit.... more
Nancy, this is a possibility. I think you want to check a couple of things out first. 1.) Will the township you live in allow the split? 2.) If they township will allow the split, you should check with your mortgage company to see what they would allow. They may want the money to pay down your mortgage or they may work with you on it.
I hope this information helps! Best Wishes!... more
Yes, there sure are, but of course it depends on the duplex..the location condition, the possibility of renting it. Tuan, I've been in your duplex!! I actually assisted some folks who rented from you a little over a year ago.
Now, YOUR duplex would be entertaining to buyers. You need the exposure listing can provide to bring in the right buyer...and representation to promote your best interests. I can help you with that.
I'd could do a market analysis for you and a net sheet to show you what numbers you could be looking at. You need knowledge to make an educated decision.
Deb Meurer, Realtor,ABR email@example.com
616 218 0800
Five Star - Lakeshore
76 S. River
Holland, MI 49423... more
Hard to find, check the Holland Sentinel newspaper daily for opportunities. That is our main publication for properties for rent or rent to own. Why can't you just buy? there are such great deals. It would be much cheaper in the long run.... more
If it is in the lower level it may not be considered living space by an appraiser. Although useful to a buyer, not usefull in rasing the value in the banks eyes other than a finsihed basement. Average bedroom size depends on the type of home and if in a starter home, middle class home or luxury home. Sizes of 12x12 are considered good in most moderate sized homes. Make sure their are doors, heat, window and a means of egress to the exterior to meet your local code.... more
It is possible, but there are a TON of factors that go into it. When you say NO credit, do you mean no loans or credit cards ever? Any utilities in your name, or cell phone. Do you have a checking account? Do you currently rent a home? These can all help you get a mortgage.
As previously mentioned, you will need a down payment. If you qualify for an FHA loan you would need at least 3.5% towards a downpayment, and there would be other out of pocket expenses you will need to have cash on hand for (home inspection, appraisal, etc).
Best place to start is to talk to a good home loan specialist. There are a number of good ones I work with regularly.
Hope that helps! Again, feel free to email me with any more questions (promise not to spam you!)