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19050 : Real Estate Advice

  • All27
  • Local Info8
  • Home Buying11
  • Home Selling1
  • Market Conditions0

Activity 22
Sun May 21, 2017
Kenneth Rouse asked:
I am trying to find a bad debt rent for my mother who is 87 years old her credit has just become bad because of a reverse mortgage loan, that she is still fighting in court, the case has…
0 votes 0 Answers Share Flag
Sun Feb 21, 2016
Schwab_tracy asked:
Sat Dec 12, 2015
Jeri Patrick answered:
I would contact a local real estate agent to help you with this question. Best of luck
0 votes 1 answer Share Flag
Thu Oct 24, 2013
Jonea Price answered:
Greetings!

I am a real estate agent with Keller Williams, and I would be more than happy to assist you and your husband with the purchase of a new home. There are MANY mortgage options available to you and your husband.

Please give me a call or an email so that we can get the ball rolling. I hope to hear from you soon!

--
Jo Major
Keller Williams Realty Group
JoMajor.kw@gmail.com
267.634.3256
... more
0 votes 2 answers Share Flag
Tue Oct 8, 2013
Joshua Stein answered:
Angel,

Alan just gave you the best answer that anyone could ever ask for.

When lenders look at your qualifications, they factor in you having money to actually live your life. So, if you are only receiving income of less than $800/month REGARDLESS of the source, you will not be able to qualify for a very large loan because you will not have the monthly income to support the expenditure.

Kudos on improving your credit. Is there a secondary source of income in your household? Without it, I am afraid your options will be limited.

Joshua Stein, REALTOR®, e-Pro®
Coldwell Banker Preferred – Conshohocken

Office: (610) 828-9558 * Cell: (215) 866-8030
Direct: (484) 270-1165 * Fax: (215) 999-5894
Email: jstein@cbpref.com
Web: www.joshuasteinhomes.com
Blog: http://jsteinhomes.wordpress.com/
PA License #RS317975
... more
0 votes 2 answers Share Flag
Sat Jan 26, 2013
Gregory S. Moton II answered:
Mzjanea, taking on a lease purchase is a risk but if you are willing to meet the sellers demands and can deliver your part of the deal it can be a great opportunity for you. You have to be sure that whatever credit or income challenges that you have can be realistically resolved when the option period is due or you risk losing most if not ALL of your escrow money. Executing a lease purchase agreement is all about negotiating the right terms and having the right Broker that understands the process representing you. It makes it that much easier. Good Luck in your search!

Gregory S. Moton II
Broker
Moton Properties
215-252-6084
gregmoton@motonproperties.com
... more
0 votes 4 answers Share Flag
Fri Nov 2, 2012
kelly hudson answered:
I'd call the township and tell them the need or urgency. Some townships need 30 days some needs two to come by and check things out. Also check on the township web site (if there is one) what they will be checking so you don't feel off guard.
Good Luck.
... more
0 votes 3 answers Share Flag
Thu Oct 25, 2012
R. Eric Axelson answered:
Hi Gail, I do. And I have an established, well-regarded custom home builder in your area. I would love to be able to perhaps discuss this further, maybe put the two of to in touch.

They can work with you to build of their existing floor plans with some customization within your budget.

Feel free to call or email in private at your leisure.

Eric Axelson, Associate Broker
Kurfiss Sotheby's International Realty
856.979.5967 mobile
axelson@kurfiss.com
... more
0 votes 1 answer Share Flag
Sun Sep 23, 2012
kelly hudson answered:
I think you have a better chance of getting the 6% seller assist by not coming in dangerously lower then the asking price. You can try to low ball the offer and hope they will come back with something.
However with the seller assist try hard not to offend the home owner. Then again any offer is a good offer. Especially in today's market. Good Luck.
... more
0 votes 9 answers Share Flag
Mon Sep 3, 2012
Tim Moore answered:
There is no reason I would do this unless there is a reason, like your credit is worse than awful or it cuts the rent way down. Let's say there is a fire after month 2 --- you are out 10 months rent. If you do this I would get a lot in writing to protect yourself. ... more
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Sun Jun 10, 2012
Tim Moore answered:
Understand this part, you have to be able to get a loan to buy it! You agree that in a year you will buy the house, until then you just rent it and pay an extra amount so the owner won't sell it. If you can't get a loan then you can't buy it in a year and you LOSE the option money that you paid. Rent to own is a suckers bet for most people so avoid it and rent now and buy when you can really buy. ... more
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Fri Nov 25, 2011
Erica Ramus, MRE answered:
To answer you, nothing is a deal breaker if you truly want the house. Negotiate with the seller.
0 votes 8 answers Share Flag
Fri Nov 18, 2011
R. Eric Axelson answered:
Hi, it really depends based on how much you can put down and what the current interest rates are, etc. There are ways to keep the payments down by using mortgage insurance. Please feel free to call me to begin your quest. All my clients begin with a formal Buyer Consultation to help answer these and all your questions. Should take about 45 minutes in my office or at the place of your choosing that is more convenient to you.

My office is on Rittenhouse Square in Center City Philadelphia and I service Sharon Hill, Drexel Hill, Lansdowne, etc.

Congratulations on beginning the next step to home ownership!

PS - You can search my site yourself below!

R. Eric Axelson, Associate Broker
Licensed in NJ and PA
Kurfiss Sotheby's International Realty
856.617.1212 mobile
axelson@kurfiss.com
... more
0 votes 6 answers Share Flag
Fri Nov 4, 2011
Shonnie answered:
Sharon Hill, Darby, Yeadon and surrounding Philly 108 or 113,
0 votes 3 answers Share Flag
Tue Nov 1, 2011
Edmund Choi answered:
The Appeal From Real Estate Assessment Of 2013 will be available after March 15, 2012.

Commercial, Residential & Exempt Appeal forms are available between March 15th and August 1st and can be obtained below, in person or by calling 610-891-4879. Appeal filing must be filed by August 1st. (or the next official business day should August 1 fall on a weekend). Hearings will be held in September and October. Notification of hearing date will be mailed 20 days in advance of the hearing. Appeal results are mailed November 15th.

BY APPEALING, YOU OPEN YOUR PROPERTY TO THE RE-VALUATION PROCESS IN WHICH YOUR PROPERTY ASSESSMENT MAY BE LOWERED, RAISED, OR REMAIN THE SAME.

For more details, click on the link below. Good Hunting!
... more
1 vote 3 answers Share Flag
Tue Apr 19, 2011
Anna M Brocco answered:
Since no link is visible and no address given consider asking again, or contact any local agent/realty office, they all have access to the same information.
0 votes 1 answer Share Flag
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