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Myrtle Creek : Real Estate Advice

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  • Home Buying1
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Activity 5
Mon Jul 20, 2015
Loveliveshere asked:
How can you know if a Manufactured Home sits in a park or community that charges? I do not find that info generally on most Realtor sites. Every time I find an affordable hoe I learn they…
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Wed Apr 24, 2013
Neither option is necessarily better than the other, it comes down to what you qualify for. The USDA Rural Program has strict underwriting requirements such as income and area eligibility. Conventional would not require a guarantee fee nor an annual premium if the loan to value is 80% or less. Gift equity has it's own layer of requirements nonetheless, I highly recommend you meet with a trusted professional, go over in detail your unique situation, and decide which suits you better. ... more
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Sun Sep 18, 2011
Damon Botticelli answered:
Responding to your statement below:

If you have an accepted purchase agreement with the seller and are waiting for a response from the bank, they usually (unless your offer is way off the mark) counter if your offer is too low.

...your credit will not have an effect of the short sale lender's decision.
... more
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