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Home Buying in Houston : Real Estate Advice

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  • Home Buying1K
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Yesterday at 3:24pm
Alysse Musgrave answered:
We can help you with a lease-option in Houston (different than rent-to-own). Contact me for more information at alysse@helpubuyamerica.com


Buying a Home? Don't Let Them Make a Monkey Out of You! Follow the link below.


Alysse Musgrave
Consumer Advocate/
Exclusive Buyer Broker
http://HelpUBuyAmerica.com

Best selling author of Buying a Home:
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Wed Feb 15, 2017
Michele.smithtx answered:
Carrington, located just off Sam Houston Parkway and Wilson Road has a salt water pool. I lived there for 1 year and absolutely loved the community.
0 votes 7 answers Share Flag
Tue Feb 14, 2017
Amy_locken asked:
I would like to ask if i have to renew my pre-approval letter with my lender if the house finished after the day the current letter expired?
0 votes 0 Answers Share Flag
Tue Feb 14, 2017
Kitty L asked:
I'm trying to get comps for a house for sale in Texas. Is there anyway to do that without having access to mls or any realtors willing to look them up for me?
0 votes 0 Answers Share Flag
Tue Feb 14, 2017
Susie Kay answered:
Perhaps you can call the city and ask them to clarify that for you or why they did it that way.
0 votes 1 answer Share Flag
Wed Feb 1, 2017
Pgassaway30 answered:
0 votes 29 answers Share Flag
Tue Dec 27, 2016
Dr.mmorsy asked:
credit cards and I owe nothing but my income is only my social security. I want to sell my house and buy another house worth $119 ,000.00 more than m
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Sat Dec 24, 2016
Susie Kay answered:
Fri Dec 23, 2016
Mark McNitt answered:
The Buyers Agency form speaks about commissions collected helping a Buyer buy AND...a Renter renting. You bet your Realtor can assist you with leasing!!

Now your agent is not going to make a lot of money on a lease, but if they want to keep you for a client (your going to rent now...buy later???!!), then I would think they can assist you. Private rentals are listed with Realtors via our MLS and real estate portals like Trulia and we also have apartment services to help you find something short term. The key is to speak to your Realtor.

Now, all that said. If you want to do this yourself (and it will take you longer) or you simply do not want to work with this person, let them know you wish to terminate the agreement. You may be required to pay some marketing fees, but likely you won't. Just get something in writing from the agent's Broker (their boss) saying your agreement is no longer valid. I hope it can work out with your current Realtor as you already have been working together on the sale. Good luck!

Mark McNitt, Bernstein Realty
www.MarkKnowsHouston.com
832-567-4357
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0 votes 3 answers Share Flag
Fri Dec 23, 2016
Mark McNitt answered:
Are you speaking about getting money from the Seller/Builder to assist you or hard money you walk away with at closing? Your likely not going to get money in your back pocket, but assistance from a Seller is very possible.

Many Sellers will assist Buyers with closing cost help (typically 3%-4% of the sales price of a home) and thus save Buyers money. If you were to offer a full price offer, the Sellers might be more willing to assist you. If you perform inspections and find some issues, the Seller might prefer to pay some or all of your closing cost VS making repairs. This would save you money and you can make the repairs yourself after closing.

Always discuss these options in advance of making an offer with your lender and Realtor so everyone is on the same page in regards to negotiating. If the sale happens, both sides are happy. Let us know if we can assist you.

Mark McNitt, Bernstein Realty
www.MarkKnowsHouston.com
832-567-4357
... more
0 votes 3 answers Share Flag
Fri Dec 23, 2016
Mark McNitt answered:
Not aware of this lender. The process of getting a mortgage should start months ahead of you looking at homes! The process of obtaining a pre-approval letter to present to Sellers can take some time. Look for reviews, study the BBB and speak to your Realtor for references.

You will be comparing what they have to offer in terms of closing cost, interest rates, etc. All should be similar, but some might offer more options. I always find if all of the above is similar, then it boils down to customer service, personality, answering the questions, etc. I provided a link below to lenders I recommend. Let us know if we can help you!

Mark McNitt, Bernstein Realty
www.MarkKnowsHouston.com
832-567-4357
... more
0 votes 1 answer Share Flag
Mon Dec 19, 2016
Archone89144 answered:
I own a KB home... the reason the kitchen is in good shape is that my father personally watched over the repairmen hired to replace the kitchen after we bought this house cheap, in the time it took us to move back to Las Vegas where my parents live. The kitchen is the best built room in the house, because it was not built by KB homes.

When we recently replaced the upstairs carpet with wooden flooring, we found out that instead of the proper floorboards rated to hold up thousands of pounds worth of people and furniture, they had used the boards meant for ROOFS, and not meant to hold up anything heavier than shingles. I am writing this before I go out to get the parts needed to fix the toilets, because the parts they used were as cheap and shoddy as possible.

And this is MY house. My older brother used to own a home that... settled. As in, the entire structure shifted and walls warped when the ground beneath the house settled and shifted, because they didn't have a proper foundation.

You do not want to get a KB home if you can avoid it.
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0 votes 79 answers Share Flag
Fri Dec 16, 2016
John Burke answered:
Hi Teswoods,

I can do FHA & VA loans down to a 580 score BUT people need to realize that credit scores are one small piece of the puzzle when you're talking about qualifying for a mortgage.

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
(877)228-9069
NMLS# 787231
http://www.trulia.com/mortgage-lender-profile/MTG%20Banker/#reviews
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0 votes 2 answers Share Flag
Thu Dec 15, 2016
Jessica Bateman answered:
The Lenders Network helps homebuyers with low credit scores. Good luck!
5 votes 90 answers Share Flag
Thu Dec 8, 2016
Rigsbyshakindra asked:
Thu Dec 1, 2016
Bbhanley5412 answered:
This has probably already been settled by now but here's the logic according to me. But you need to get a lawyer's opinion just to make sure.
If you sold the house outright for $270,000 each one of you would get $54,000, which is one-fifth of $270,000.
Therefore for you to get the house, you should pay each of the other four $54,000. Four times 54,000 is 216 - so you are correct.
Another way of looking at it is for you to buy the house outright from the trust for $270,000. Then the trust would pay each one of the five, including you, $54,000 from the proceeds of the sale. The net effect would be that each of the others received their $54,000 and you would have obtained ownership of the house for $216,000.
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0 votes 1 answer Share Flag
Wed Nov 30, 2016
Susie Kay answered:
I would suggest that you talk to a lender. You won't know for sure whether you can get pre-approved for a loan until you talk to a lender.

I hope this makes sense!

Susie Kay
Ultima Real Estate ... more
0 votes 2 answers Share Flag
Fri Nov 25, 2016
Lorus2 asked:
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