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Port Saint John : Real Estate Advice

  • All8
  • Local Info0
  • Home Buying6
  • Home Selling0
  • Market Conditions0

Activity 8
Thu Feb 23, 2017
Bernard G. answered:
Hello,

I have emailed you regarding this concern.

Regards,

Bernard
Consumer Care Advocate
0 votes 1 answer Share Flag
Thu May 14, 2015
Connie Wells asked:
Bankruptcy was final in Feb of 2015.
0 votes 0 Answers Share Flag
Mon Nov 3, 2014
Jinger Knox answered:
The community was growing at a time that prices were inflated and it is self correcting. Add to that the closing of the space station (many people commuted from this area) and you have a recipe for reduced housing values. The area is bouncing back and could be a good place for investment.

Please let me know if I can be of any assistance.

Jinger Knox
85 and Sunny
321-288-1689
... more
0 votes 3 answers Share Flag
Fri Jun 22, 2012
answered:
Hi Cherbstrith,

I'm not in Brevard County but I do close USDA mortgages all over the country.
0 votes 2 answers Share Flag
Fri Jan 6, 2012
Alma Kee answered:
Hi Monk,

If after analyzing your total financial situation and weighing out your options, you may actually be able to get the lender on your mortgage to remove your ex wife and grant you a modification on the mortgage to lower it to 31% of your monthly gross income. Your "principal amount owed on the mortgage will probably be the same so if let's say you owe $200k and the most you could sell it for in today's market is $100k, and you can demonstrate a hardship, it may be wisest to do a Short Sale and then rent for two years.

Otherwise if you're only underwater with your mortgage a smaller amount, then you may want to keep the home and try to get your ex wife off the mortgage.

Before you talk to your lender, you may want to contact an attorney and a CPA to find out what your tax consequences may be as well.

Good luck!

All the best,
Alma
Alma
... more
0 votes 7 answers Share Flag
Sun Oct 16, 2011
Gary Geer answered:
Gram5172,
Contact a local agent if you are not working with one already and ask about this home. This is the best way to find out.

All the best,
Gary Geer

www.GaryGeer.com
0 votes 7 answers Share Flag
Tue Apr 5, 2011
Robin Ricker answered:
It sounds like your offer was lower that the price that was preapproved by the lender. Yes, it is a legal move, they do have a say in how much they will lose to sell this home. If you really want the home, hang in there. In this market the supply is abundant, just remember, a preapproved price doesn't mean a guaranteed price.
Good Luck,
Robin Ricker
Century 21 Flag Agency, Inc.
... more
0 votes 13 answers Share Flag
Fri Aug 1, 2008
Connie Trincali answered:
The easiest way to find out if the home is for sale is to ask a Realtor. I know that's the obvious answer, but we can easily determine for you if the house is owned by a bank and how much they have listed they have listed the house for. A Realtor can also, at the same time, show you a list of the other bank-owned properties that are for sale in the area , as well as how much other bank-owned houses have recently sold for. If you email me with your email address and the property address, I would be glad to send the information to you. I hope this information is helpful!

Andy Barclay
ERA Showcase
Realtor, Broker-Associate
eraandrew@gmail.com
321-514-9862
... more
0 votes 3 answers Share Flag
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