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Home Buying in Melvindale : Real Estate Advice

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Activity 9
Sun Nov 8, 2015
Karen Peyton answered:
First you need a contract.
Your contract should state the method, means, and timing of your payment.
If you already have a contract, the answers are there, in writing.

Best of luck! ... more
0 votes 1 answer Share Flag
Tue May 20, 2014
Debra (Debbie) Rose answered:
Well, it really isn't.

You'd first have to qualify for the loan on your own in order to buy the home . That means you need income to support the loan and high enough credit scores.

It will take more than a "coupe of thousand" down to buy a home unless it's under 60,000..

The bank won't take into consideration the idea you have to rent out bedrooms to make money to cover the mortgage. You
d have to be able to cover the mortgage on your own.

Whether you rent it out afterwards or not (if local zoning will allow it) is up to you.

I suggest you sit and talk to a local mortgage rep and Realtor.
0 votes • Thank • Flag • Link • Delete • A moment ago
Debra (Debbi…, Real Estate Pro in Livingston, NJ
... more
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Mon Jun 11, 2012
Haig Istamboulian answered:

To answer your question it is not that hard to find them, it just depends where you are looking and how much you want to spend. The market is very strong for all kinds of sales, rentals and land contracts because of the prices and the fact that many people have bad credit and lost their jobs, but still need a place to live. Land Contracts are the only option for a lot of people who want to purchase a home now.

Let me know where you are looking, what you are looking for and how much you can afford and I can email you some properties. My contact information is below.

Thanks again,

Elias Realty
(248) 379-6547
... more
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Tue Apr 13, 2010
Bob Movin-On answered:
Until the bank or highest bidder takes title you are responsible, check with your bank or go to city/town hall, that would help you determine if and when someone else took title meaning you do not need to pay. In a redemption state you actually hold title until the redemption period has expired and you have a right to use the property, sell the property, find refinancing, or even work out a modification with the bank.
Good Luck,
Bob Patrick
Buy a home after foreclosure expert
... more
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Sat May 30, 2009
Bill Eckler answered:

This is a most unfortunate situation. Our recommendation is to contact the agent's office and request to speak with the Broker.

There may be a good reason you have not heard from the agent that the Broker can help identify for you.

Good luck
... more
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Fri May 29, 2009
Pam Winterbauer answered:
Hi Julia....

I am sorry to hear that your calls are not getting returned. Do you have a writen Buyer-Broker agreement with this agent? If so you may be wedded to your agent. If not I would put them on notice to withdraw your offer (in writing) and them secure a Realtor to represent you. Good luck. ... more
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Fri May 29, 2009
Vicky Chrisner answered:
We can't tell you to terminate your agreement; it's against ethics. But, review your agreement and determine if it provides recourse for you if the broker fails to do what he is required to do. ... more
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Sun Apr 5, 2009
smith3gary answered:

I agree, could be an error in sale price. It may also depend upon the real estate website where you are finding the properties.

If you could provide some additional information or a specific example someone should be able to provide a more accurate answer. ... more
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