For the legal answer, you should contact a local lawyer who can review your paperwork, facts and case. It will depend what it is, how it affects the home, value or buyer and if you can prove they lied, not just made a mistake or forgot. If you have a buyer agent, they should be helping you.... more
It will have no affect on your value. A comnutter train is still a long way away. The homes that may see a drop in value are the ones close to the rail line, however they already see trains twice a day and any value has already long been deducted for the noise.... more
If you're serious about buying a home, hire an Exclusive Buyer Agent to represent you. EBAs represent homebuyers only so there is no conflict of interest to jeopardize your negotiating position. Visit http://naeba.org for a referral.
Don't Let Them Make a Monkey Out of You! Follow the links below.
This is when your buyer agent earns their money, they should be assisting you. If you did not have one you may need a lawyer to review your contract. Your question was about a month ago so i hope you have worked through the issues. When buying a bank owned property, it is best to complete a quick inspection before making an offer so you can identify what the property needs before making that offer.... more
It will depend what your purchase agreement states and how long is written in it. You can easily ask the title company or closing lawyer for a copy of the title report to know exactly what it is. Dont take anyone.s word, have your buyer agent check it,. As far as appraisal, call your loan officer and demand it.. Again there is where a good buyer broker should be assisting you... more
You can bring money to the closing table to avoid a short sale in New Hampshire. It's all a personal choice what you decide to do. I don't know your situation but if you are close to foreclosure that can even be postponed if you have a purchase and sale in place. If you need help please feel free to contact me.... more
Even though the question was asked in March of 2013, it is still a popular question from those seeking a real estate investment. Manchester remains as the leading city for investment properties because you will find the most available and variety of properties here. Which property to buy depends on what your goal is. If you are looking for monthly income? or are you looking to build equity? you need to think that a 2,3 or 4 unit building will bring in more income but also be the most work. A condominium will be the least amount of work and a single family may build the greatest equity. Either way by going overt your goals, your desire, your level of work and available funds.. The right investment property for you can be established. You can email or call any day.
The #1 Trulia Agent in New Hampshire... more
Jonathan there is no doubt you have received a wide range of advice. INDEED old school Real Estate agents did sit down and pre-qualify their buyer letting them know what the APPROXIMATE costs of the mortgage, insurance, taxes and utilities may be. In today's real Estate world many agents pass that task off to the loan officer. THE KEY is working with a good buyer Broker who works WITH the loan officer to answer those questions. I would be more than happy to assist you. Please email me at firstname.lastname@example.org and I can assist you in getting pre-qualified with a local and trusted loan officer and get you those answers.
Jonathan mortgages are not just based on credit score. With a large down payment, credit score can be nearly anything. Your best bet is to meet with a local and trusted loan officer who can pre-qualify you at no cost and look at your score plus your financials. I work with some very good loan officers if you need some assistance with a name and number.... more
Right now depending on what type of mortgage you qualify for the mortgage would average $100,000 and be between 450 and 500 month. What it does not include though is property taxes and insurance. you would be better off to speak to a local and trusted loan officer who can pre-qualify you at no cost and let you know what is available and break down the costs. If you need assistance I can refer a good loan officer and assist you with finding a property in your price range.
As Scott points out...seller financing is not as common now as it has been in the past few years, when it was a buyer's market. Now that the tables have turned, and the seller's are in the driver's seat, it's not so easy to find. But it is out there. The key is incentive, which means seller's will need to be LURED into it. A big down payment is often an incentive, but the buyers typically looking for seller financing are usually not the ones that have a bunch of cash to make the big down payment. Kind of a "catch-22". Best of luck to you...... more
Purchased a 15 year old Home in April it was too cold to test the a/c. Two months later I found out there was a hole somewhere in the interior coil. Had to be replaced. It never cooled, just blew warm air. What are my options?... more
I agree that anyone you have to pay is not a mentor. Start with a good Buyer Broker who is WELL experienced in Investment properties. If you would like some assistance in getting started please contact me.
Patty the estimates you see on Trulia and similar sites are often not realistic when it comes to what a home is worth in todays market. You often can not change what they have in their formulas. It is unfortanate but a fact of life we face every day. They use recent sales and property transfers that are often not true market value which often values homes much less than what they are actually worth. The best way to get your homes true value is by having a local and trusted Real Estate broker complete a BPO known as a Brokers Price Opinion. it will look at the 3 most comparable and recent sales and 3 homes most similar currently listed and arrive at what your home is worth, what you should ask for it if you placed it for sale and what you would probabily sell it for in todays market. Please feel free to contact me if you need assistance selling your home.
Godzyk Real Estate Services