Which neighborhood will depend on the type of neighborhood you're looking for...but older homes (in my experience) usually have larger garages (length-wise) with sufficient "step-ups" to include work benches, and are generally wider too. Ask your agent to search for homes built in the 70's and 80's in communities without HOA's if they haven't done so.
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Did you have the home inspected?? If you had it inspected, but the inspector didn't find these obvious problems, then you might be able to go after the inspector. But if you didn't have it inspected...unfortunately, that's a mistake on your part.... more
Is there a reason to use FHA with its UMIP and PMI tacked on to the loan for life. We at Wells Fargo Have a Your First Mortgage that only requires 3% down and way easier guidelines than FHA. I would be delighted to go over all your options so you can see the savings for your self,
I'd be happy to run through your debt-to-income ratio with you. I have also written an article on debt-to-income ratios that might help you answer your own question. Please feel free to reach out anytime for an in depth analysis of your situation.
Article on DTI: http://www.amortgageblog.com/2014/05/what-is-good-debt-to-income-dti-ratio.html... more
The "appropriateness" of your agent's actions should have nothing to do with friendship. The question is whether or not his friend is/was qualified to do the job. That's what I would ask.
In the old days the rule of thumb was to present three choices to buyers for use as vendors. The problem (of course) is they were looking at brochures and prices without knowledge or basis for discernment.
No more! At least not for me. I use the same home inspector, for every home, "every" time!
I feel my guy is the best! Perhaps that's the same sentiment of your agent in the choice of his long time friend.
I depends on how the contract is structured, so it is impossible to say from just this info. Often, they have strict forfeit policies if payments or missed, or terms are not met. Hope this helps, good luck!... more
We Realtors are often surprised by the homes used by appraisers. In the old days we would say that they must have told the appraiser to "find the value". this happened most often when there was a large down payment so a low risk loan. Sounds like you might have offered more for the home than you thought it could appraise for? Thinking it would be likely that the Seller would accept appraised value. If your 10 day inspection period isn't over, find a reason to cancel ie: its going to cost more to...If it has ended, you are stuck unless getting out of this transaction is worth losing your earnest deposit and a slight possibility of litigation.... more
Hello Lorraine. I just wanted to follow-up on your post here in Trulia and see if you found a home. I searched those three zip codes you provided and found ten 'Active' listings that are at least 3bedrooms/2bathrooms and NO HOA, all under $180,000 and all appear to be FHA-ready.
Unfortunately, the least expensive home listed in 85233 or 85234 at this time in an area without an HOA is $199,900.
The market is doing quite well at the moment, so if you're still in the market for a home, feel free to give me a call or send me an email....I'd love to help you find the perfect home for your family!
Realty ONE Group
PH: 480.231.6769... more