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Home Buying in Omaha : Real Estate Advice

  • All370
  • Local Info28
  • Home Buying117
  • Home Selling33
  • Market Conditions12

Activity 151
Travis Sutton, Home Buyer in Omaha, NE
Wed Dec 28, 2016
Travis Sutton asked:
My fiancee and I are working on our credit to get our fha loan in the next 6-12 months. In the interim we are looking for a possible land contract or rent to own options on a house in the…
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Dusyin.ross, Home Buyer in Omaha, NE
Tue Dec 20, 2016
Dusyin.ross asked:
My parents owned the home but we're letting the bank foreclosure on my childhood home because of bankruptcy . So I started to make the mortgage payments to try to get it put into my…
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 UpNest, Real Estate Pro in San Francisco, CA
Fri Dec 2, 2016
UpNest answered:
Yes, it's best to use one agent at a time when you're buying a home. If you feel compelled to use more than one realtor, your current realtor may not be the right fit for your needs. Every real estate firm has a contract with a list of rules. If you are looking for a firm with more flexibility, you should try searching on The platform has a wide variety of agents with different requirements. You may find an agent that meets your standards so you don't have to approach or use multiple realtors at time. ... more
0 votes 30 answers Share Flag
Adamaarsvold, Home Buyer in Phoenix, AZ
Wed Nov 23, 2016
Adamaarsvold answered:
What's the point? If you can pay cash for the home, do that, and then save your would-be mortgage payment to build your savings and investments back up.
0 votes 1 answer Share Flag
asgj1978, Home Buyer in Chicago, IL
Wed Nov 23, 2016
asgj1978 answered:
How do you have no verifiable income? Do you not file taxes each year? That would be your verification.
0 votes 2 answers Share Flag
asgj1978, Home Buyer in Chicago, IL
Wed Nov 23, 2016
asgj1978 answered:
Depending on where you live and how properties are assessed that could be completely normal. In Illinois, for example, assessed values are not even close to market value--they use some convoluted math equations to reach their assessments and then more convoluted math to figure the percentage for the taxes.(which are outrageous no matter how they figure it!!) But in Kentucky an assessment is the actual price of the home(or very close to) and then taxes are just a straight percentage of that figure. That said, you should check with the assessors office to see when the property was last assessed and if that assessment included any special discounts for the previous owner--you may be in for a shock on what your taxes will actually be. ... more
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Maricris A, Other/Just Looking in Seattle, WA
Mon Aug 15, 2016
Maricris A answered:

I apologize we have false foreclosure information listed on our home details page. This data is provided to us from Zillow foreclosures and we currently do not have the ability to edit or remove the information that they are sending us.

Please be advised that I have created a request regarding the removal of the erroneous foreclosure information for your home on Zillow.

Once the status is removed from Zillow, it will automatically update to Trulia after 24-48 hours.


Consumer Care Advocate
... more
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Sadiazpol, Home Buyer in New York, NY
Wed Apr 13, 2016
Sadiazpol asked:
The house will be paid off in 16-20 months. Are there any other options beside selling? I need to keep mortgage costs down, since I have a fixed income (retired).
The house in FL cost around…
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Alysse Musgr…, Real Estate Pro in Coppell, TX
Wed Mar 23, 2016
Alysse Musgrave answered:
Yes, it's possible. If you have good credit you can get a conventional loan with 3% down, or an FHA loan with 3.5% down. Whenever you put less than 20% down you'll have to pay mortgage insurance, but it's usually not enough to deter most people from buying a home.

Don't Let Them Make a Monkey Out of You! Follow the links below.

Alysse Musgrave
Consumer Advocate
Exclusive Buyer Agent

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You! US, Texas, and Spanish versions available.
... more
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MCM_STL, Home Buyer in Saint Louis, MO
Mon Feb 22, 2016
MCM_STL answered:
On top of the fact that anyone can sue anyone for anything at any time, if there is something wrong enough with this house that the current owners feel the need to sue they must include every single party involved including any professionals like real estate agents.

As the case proceeds, the responsibility of each party will be reviewed and people will slowly be weeded out of the suit.
... more
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Micro.financ…, Home Buyer in San Jose, CA
Fri Feb 19, 2016
Micro.finances220 answered:
We call it a signature loan, but it's really a personal loan, which requires no guarantee. Loans up to $ 100,000 and more, if you qualify for any What it has to do! You will get your money fast, and you will have only a small monthly fee at a rate of 3% of your loan. constantly at his email address: ( ... more
0 votes 15 answers Share Flag
MCM_STL, Home Buyer in Saint Louis, MO
Thu Feb 4, 2016
MCM_STL answered:
If the bank already owns it, it's not a "pre" foreclosure. It has been foreclosed at that point. My experience in watching the foreclosure market has been that a property will be listed with an agent roughly 1-3 months after the bank assumes possession. The bank generally won't talk to buyers before it's listed.

You can look up whatever info is on your local tax records but the best info would come from a real estate agent who can look up any property history in the MLS. You might get lucky and find a seller's disclosure from any prior attempts to sell it. When we bought our foreclosed house, the prior occupant had tried to sell it earlier the same year so our agent could show us everything from that listing thanks to the MLS.

They also have access to way more detailed tax records than you do and their system is usually updated way faster than any end-user online portal your local DOR might provide.
... more
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USDAMTGHUB, Real Estate Pro in Valdosta, GA
Mon Jan 18, 2016
USDAMTGHUB answered:
You can add the closing costs to a USDA loan, assuming the home appraisal is high enough over the sales price. Or just keep your 3% down payment and do 0% down payment. Use your 3% to pay the closing costs. This assumes your location qualifies for USDA.

USDA Mortgage Hub
100% USDA Rural Housing Loans
Serving all 50 states
Ph: 800-691-8826 (7 days a week)
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0 votes 14 answers Share Flag
Kyle  And Ca…, Home Buyer in Papillion, NE
Sun Mar 29, 2015
Kyle And Cassie Gustafson answered:
I didn't see that you were a real estate agent, I just saw your question at first. My apologies. Would you sir, or anyone else happen to know any lenders that would approve is with the details I posted in the comment below? We are just desperate to find one. We would be soooo very thankful if someone could help us! :) ... more
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