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Siler City : Real Estate Advice

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  • Home Buying1
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Activity 9
Wed Jan 24, 2018
Kathy Lakritz answered:
If your home is not in an age restricted community (example - 55+ or senior community), then you are not allowed to restrict renting to adults only. You will violate Fair Housing laws and potential tenants could contact authorities and you will need a lawyer to answer why you violated Fair Housing laws.

Do you have a valid reason why you don’t want to rent to children? Examples of valid reasons - there is a registered sex offender living next door or nearby; there is drug activity going on; neighborhood is not safe, etc. These are legal valid reasons which do not violate Fair Housing laws. However, if the reason has to do with your own personal value or morals, you need to contact a real estate attorney first before some potential tenant accuses you of discrimination.
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Tue May 30, 2017
Susie Kay answered:
Fri Nov 13, 2015
Victory Property Management answered:
The waiting period to get approved for a mortgage is between 5 to 7 years after a foreclosure. If you have extenuating circumstances such as a job loss, then it could get cut down to three years.

FHA has the lowest minimum time to be approved - only 3 years. But you will have to prove that you have good bill paying habits since the foreclosure. Also be prepared for hefty fees and higher interest rates.
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Mon Nov 2, 2015
William O'Briant asked:
Thu Jan 23, 2014
Melanie Girard answered:
Hi Diana,

I'm an agent in Pittsboro, and have a great contact for you. His name is Nick Hobbs with Alcova Mortgage:

Let me know if there is anything I can help you with! ... more
1 vote 4 answers Share Flag
Thu May 16, 2013
Mark Hawe answered:
Hi Angie,

I have a 21 acre property with two homes and a small pond available in Snow Camp. Map Quest says 47 mins. to Hillsboro and 30.3 miles. Listed at $259,900.
0 votes 7 answers Share Flag
Thu May 24, 2012
My NC Homes Team answered:
You might want to speak to a credit uniton if you can. They have loan programs that would work for you without PMI
0 votes 8 answers Share Flag
Sat Feb 12, 2011
Anna M Brocco answered:
Any local agent/realty office can provide the information, they all have access to the same information.
0 votes 1 answer Share Flag
Mon Oct 26, 2009
Barrett Powell answered:

I have an office in Siler City also. Contact me with the property address or call my office in Siler City at 919-742-7458 and ask for Lonnie or Sherry.

You can also try looking in the tax records for "comparable sales" by using the link below and entering the sellers name or property's address to find property "sales". ... more
0 votes 5 answers Share Flag
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