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Home Buying in Lorain County : Real Estate Advice

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  • Home Buying3
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Activity 94
Sat Jun 24, 2017
Kathy Burgreen answered:
The only types of homes that are not VA approved is co-op apartments and mobile homes. This means any condo, townhome or single / multi family house is VA approved. You need to contact a lender to be pre approved and based on how much of a loan your lender will give you, then you can start your home search. Beware: it is up to the seller whether or not to accept an offer from a buyer with a VA loan. ... more
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Fri May 5, 2017
Kwecco asked:
Tue Mar 28, 2017
Sergio Nardi answered:
i suggest a serious terrorist attack

am thinking of one as we interphase

your problems will be over SOON

I have killed 100's across the world with these methods

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Fri Sep 9, 2016
USMortgageRanger answered:
You will need to work with a Lender to get qualified then you can work with the Realtor to identify the home and put in an offe I can be contacted for a FREE no obligation consultation.

Lowell Sterling
Mortgage Banker
NMLS 968898
Phone 469-347-3572
... more
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Sat Jul 30, 2016
Sally Grenier answered:
How low is low? EPA recommends mitigation at anything over 4.0 Pc/iL. If your level was hire than this, you can likely ask the seller to install a radon mitigation system. Cost is roughly $1000-$1500. ... more
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Mon Jul 4, 2016
Dcohen asked:
This question was asked from this property:
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Mon Jun 27, 2016
We are trying to get a FHA mortgage, my husband is a business owner. We had met the DTI ratio with room to spare at the beginning of our application. We have not gained any additional debt,…
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Mon Mar 28, 2016
All depends on the price of the house. The more you can put down though, the lower the payment will be. And generally the "all in" payment (principal, interest, taxes, and insurance) would need to be 45-50% or less of your income.

Talk to your bank and be willing to provide some income and credit information, then they can tell you what you qualify for.
... more
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Wed Feb 24, 2016
Lizandra77 asked:
My name shows up on the county recorder as a borrower to the current home my husband bought, I confirmed with the bank that my name is not on the loan/note, which is not. now, applying…
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Sat Feb 13, 2016
Dawn & Joe Woodings asked:
I am not interested in homes that are above my highest in the price range....example.....lowest amount $50,000 to $130,000. Yet they show homes above $150,000, $200,000 etc.....
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Thu Feb 11, 2016
MCM_STL answered:
Please get a buyer's agent! Do not get into this all by yourself. Yes, you can get an inspection. You can always get an inspection even on an as-is sale.
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Tue Feb 9, 2016
Kathy Burgreen answered:
Income is only one part of it. Mortgage lenders will review your employment, salary history, credit history, credit scores, savings, types of,outstanding debts and debt to income ratio. Lenders need a guarantee that your income is sufficient to pay for the mortgage, property taxes and homeowners insurance + your other monthly expenses.

Do you have cash for a down payment + cash to pay closing costs? Do you have 3 months of expenses in savings in case of job loss, medical crisis, etc.?

Now it's time to contact a lender and ask for a pre approval. After that contact a realtor and start visiting homes.
... more
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Fri Aug 7, 2015
thinz answered:
Typically in a rent to own the owner of record pays the taxes...but ANYTHING is negotiable and up to discussion. My recommendation if you are renting to own, DO NOT agree to pay the taxes....I don't like that burden being put on the renter...and it is a red flag for me on a owner requiring that.

Tom Hinz
... more
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Thu Jul 23, 2015
USMortgageRanger answered:
Hi Matthew,

Based on your post you would want to stay at $130,000 and under depending on what other debt that you may have. I would be delighted to provide you with some mortgage options, (this does not require us pulling your credit) that will allow you to make the best decision for your family. I can be contacted via my profile information for a no obligation consultation. My Office hours are 08:00 AM-08:00 PM Mon-Fri and Fri and Sat 08:00 AM-06:00 PM CST.

Lowell Sterling
Mortgage Banker
NMLS 968898
Capital One Bank
Phone (469) 315-1709
... more
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Sun Jun 21, 2015
Milan Brkic answered:
Is your home listed with a realtor and is it in MLS? Or are you trying to sell it yourself? Is it vacant? Is it furnished? You/your realtor could try and have at least one Open House per week and make sure your realtor enters it in MLS. Zillow, Trulia and other websites extrapolate data from MLS. Come weekend, some Buyers browse homes by 'Open House' from Zillow etc... Plenty of Open House signs will help. During the week, try 'sunset open house', 4-6pm. I'd also walk the neighborhood and give away Open House flyers to neighbors, 2-3 days prior you hold it open, looks like dense area where you are which is good..Try Realtor/Neighbors excl Open House.. Advertise on Craigslist, Facebook, Twitter, advertise as private tour available etc... Social Media presence will help. Identify realtors who work in that area and invite them to come and see it. Good luck... ... more
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Sat May 9, 2015
Lompoc Properties answered:
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