Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

55122 : Real Estate Advice

  • All6
  • Local Info2
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 4
Wed Mar 5, 2014
Dain Johnson answered:
Good Afternoon Lona,

It can be very difficult to find rentals in this tough market but i will reach out to you via email to see how I may be able to help!

Hope you have a wonderful day and keep an eye out for an email shortly! ... more
0 votes 1 answer Share Flag
Wed Oct 16, 2013
Bill Halfrich JR Nmls # 332161 answered:
Hi Cequal,

I agree with the realtor professionals that have answered you so far. I want you to be aware of our conventional loan program that allows you to build in any repair or remodel costs into your 30 year fixed loan. I would also like you to be aware of our pre-approval process & how it will give you the advantage in a multiple offer situation. Buyers that go through our full approval process have a competitive edge when submitting an offer with multiple offers on the table. The human underwritten borrower has a loan commitment before a property has been found contingent upon the appraisal & clear title work. This allows us the ability in most cases to close within 7 business days of a full loan submission. The human underwriting turn time in most circumstances is 6 hours after full loan submission. ... more
0 votes 13 answers Share Flag
Tue Aug 28, 2012
Charles Dailey answered:
With a credit score that high, you should consider doing a 1 time financed buyout of the mortgage insurance. You can do it with 5% down and finance the buyout on top of the loan up to 97%. See the web reference below for more information and let me know if you need any help. I'm just down in St. Paul. ... more
0 votes 2 answers Share Flag
Thu May 7, 2009
Aaron Dickinson answered:
This question comes up quite often. You may have many different options but your ethical obligation is to follow through on the contract you made with your lender, which was to make payments until you pay it off or pay off the lender in full. Asking the bank to take a short sale in this situation is simply deciding to cheat them & society as a whole. It's just not right.

Beyond the ethical issues, you will hurt your credit for years to come, which could lead to higher rates on other loans and credit cards. Plus, you really need to speak to a tax advisor regarding how the tax credit works in your situation.

Congratulations on your upcoming marriage, but at the same time do the right thing and own up to your financial obligations.
... more
0 votes 7 answers Share Flag
Search Advice
Search

Followers

147