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San Antonio Road : Real Estate Advice

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  • Home Buying16
  • Home Selling0
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Activity 20
Thu Nov 10, 2016
Phillipbespinoza asked:
I sold my house 10 months,ago. I researched and read that if you have not owned a house in 2 years you qualify as 1st time home buyer. My question is whether that is true.
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Mon Nov 7, 2016
Antonio Espino asked:
Sat Oct 1, 2016
Valhamby87 asked:
The house we are trying to purchase it did not pass inspection. There were quite a bit of problems with Plumbing, foundation, attic, ac and termits. Im thinking they will fix but im not…
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Thu Jul 28, 2016
Phillipbespinoza asked:
I'm retired and can probably afford a payment of 900 monthly. I recently sold my old house which needed lots of repairs. I have an ira and have researched that if you are not a homeowner…
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Tue Jul 5, 2016
Susie Kay answered:
In a hot buyer's market you can ask sellers for closing cost assistance. However, if you are on a hot seller's market you'll have a hard time asking for closing cost. Sellers typically receive multiple offers and they will select the most appealing offer. IF you must have closing cost assistance then there are ways to make your offer appealing by making an aggressive offer and terms BUT you have to be comfortable with that. I would suggest that you consult your agent.

Best,

Susie Kay
Realtor
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
469-371-2899
www.dfwdreamhomes.net
... more
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Wed Jun 29, 2016
Susie Kay answered:
I agree with Jim below, if you are only wanting to know about the cost to build I would start with a general contractor.
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Thu Jan 14, 2016
Broussardmcj asked:
What are the pros and cons of renting a home you'd like to own first? I'm currently leasing a home, that's too big, and looking to down size. I really need a two car garage,…
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Wed Aug 12, 2015
Susie Kay answered:
Grace,

I would suggest that you talk to a lender or two to see where you are at. You can start by calling your bank and go from there.

Good luck!
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Tue Feb 24, 2015
Jim Morelli answered:
I would recommend you contact a real estate attorney to have one drawn up. It would be well worth it.
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Tue Dec 9, 2014
Jim Morelli answered:
I would start by contacting a reputable mortgage broker to have your options clearly laid out for you. Try John Campbell or David Cockrell with Supreme Lending 512-329-8614. They will take good care of you. ... more
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Thu Sep 18, 2014
Scott Bradford Team answered:
Did you have a previous SSN when these delinquency were made?

Are these delinquency legitimate?

If you feel the information on your credit report is incorrect you should file a dispute with the credit bureau. ... more
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Sat Jun 21, 2014
Anna M Brocco answered:
Thank you for your service. As to the credit, much really depends on the individual landlord/building, each is different and some are stricter than others; if all else fails you could consider a guarantor... ... more
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Thu Jun 12, 2014
Terry McCarley answered:
Numerous scams are popping up all over the internet. If you are looking for a rental contact a local real estate professional to assist you. Some of the con artists are getting very creative so please use caution to avoid becoming a victim. ... more
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Sun Dec 22, 2013
Jordan Gouger answered:
Hi Cristan,

Yes, San Antonio actually has a very healthy rental market due to the presence of the military. Fort Sam Houston alone has over 50,000 soldiers stationed there. Randolph AFB has at least another 20,000. This creates a lot of opportunities for an investor to buy a home for rent. There is also a large population of students in the northwestern side of town.

To target military families, look for homes around Schertz or Cibolo. For students, look for newer construction homes around DeZavala, Borne Stage Rd, or NW Loop 1604. I do not work the San Antonio market but used to live there for several years. If you would like a referral for an agent specializing in investment properties in San Antonio, please let me know and I will try to find one for you.

Thank you,
Jordan Gouger
jordan.gouger@kw.com
... more
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Mon Mar 25, 2013
Don Groff answered:
That is a hard question to give a direct answer but here are some things to consider so you can see what is best for you.

1. What are your long-term goals? Do you want to live in a paid off house or do you plan on retiring or having children in college in the next 15 years or so. Living mortgage free would give you more cash flow to pay for things like that or if your income will be less due to retirement.

2. Can you afford the payment and still maintain the lifestyle you are accustomed too? Even with the larger down payment you will have a slightly higher payment with a 15 year most likely. Make sure the payment is something you can live with based on your current and future income estimates.

3. Could you better invest that money elsewhere for a higher return. There was a good article written years ago that showed a person who paid off their mortgage earlier by paying an extra amount each month and another person who invested the same extra payment amount each month in mutual funds or other investments. The person who invested in the mutual funds was able to accumulate much more wealth and pay off the home earlier than the person who made the extra principal payments. And remember this was back when interest rates were a few points higher than they were today. Of course no investment is guaranteed so this option does have more risk but has the possibility to offer you a better return.

Remember that with tax advantages your effective interest rate is lower than the rate on your mortgage... money is very cheap these days so by paying off that very low interest mortgage you really need to think if that is the best possible use for that money?

Living in a home with no mortgage is great but you really need to look at the big picture to see what will help you accumulate the most wealth over time.

Hope this helps.

______________________________________________________________________
Don Groff | REALTOR® & Mortgage Broker | Austin Real Estate Pros & 360 Lending Group
office: 512.669.5599 | mobile: 512.633.4157 | email: listings@dongroff.com
websites: www.AustinListed.com | www.360LendingGroup.com
... more
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Thu Feb 28, 2013
Lara Pavanelli answered:
There are many factors to getting qualified for a loan, the credit score alone is not enough and also there are a number of different programs that you can apply for depending on your situation.
Please send me your personal email and I will forward my lender's info to you.
He is the best I've ever worked with and knows all the programs in TX.
He is always available to answer questions and if there is something he can't do he will refer you to the right person.

Kind regards,

Lara Pavanelli
VOX Real Estate
larapavanelli.realtor@gmail.com
512-909-5807
... more
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Wed Oct 10, 2012
JOSEPH E JARUSINSKY JR answered:
Read your insurance policy thoroughly, or call your insurance agent and ask them directly. Good Luck! Joe
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Fri Dec 2, 2011
Mike Sullivan answered:
You might want to contact your tax assessor's office....generally a commercial zoning approval will add to the value of the home. A residential use may (or may not) ba allowed for this property, the tax assessor would know for sure. Personally I would not want to change the zoning, rather see if a residential use is permissable for the property....hope this helps. ... more
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Fri Aug 12, 2011
Vanessa Nunez answered:
Both Lisa and Jeffery are correct in advising you in those directions! Hope you get the positive answer you are searching for. Have a great day!

Warmest Regards,

Vanessa Nunez
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