So you're willing to pay a 20% interest rate on a $175K loan? Because that is what private lenders charge + high fees. You don't get the low interest rates and low fees that licensed mortgage lenders give. There are plenty of private lenders. Look on Craigslist.... more
The inspection report itself, since it's arranged for and purchased by the buyer should be considered the sole property of the buyer. You do not have to share it(the document) with anyone you choose not to.
On the topic of "disclosure"........sellers are bound to disclose any recently identified problems that materially effect the property....regardless of the source. (For example, a structural inspection reveals that a home is infested with termites. Once this information is out there, regardless of who paid for the inspection, the seller is obligated to make this information public.)
The problem would most likely be picked up during subsequent inspections and as long as the report itself is not shared(photos, overview, recommendations, etc.) and the seller is only sharing the general deficiency, it commonly acceptable.
If you are local, just walk over, knock on the door & introduce yourself. Otherwise, do what others had suggested below (county tax office, white pages etc) .
The Marie Souza Team - Top Selling on Cape Cod
Cape Cod Real Estate Services
508-790-2000 * firstname.lastname@example.org
I like Gordon's answer. You could also begin by checking the property deed to see what entity has the legal right-a-way. I've had clients wondering about the same information because they found a property they liked, but the guidelines for the FHA loan package recommended to them prohibited them from purchasing the property. Would that be a situation that you are also facing? If so, I can recommend a reputable area lender that cut through the red tape and recently wrote a loan package where no other mortgage servicers would. The loan allowed the buyers to purchase, own, and enjoy the property.
Jim Dvorovy, REALTOR
Cutler Real Estate
203 Applegrove NW
N. Canton, Oh 44720
Cell 330-685-4615... more
Why would you pay for information every Realtor in your area or the area you are looking in will give you for free. The info that they sell is nothing more our MLS listing, which real Realtors make for free to sell their listings. Save your money and talk to a Realtor!... more
Ron and Jim have great points. Banks are slow to respond, and replacing your Realtor may not resolve your problems. A discussion I would have with my Realtor would be about making your offer more attractive. As mentioned by Sandy, is the inclusion of a closing cost concession hurting your deal? But other factors that may help would be structuring your offer with a reduced inspection period, putting forth a higher earnest money deposit or including specific language that the Bank requires upfront. Some reference to an "as-is" addendum, arms length transaction addendum and an Owner Occupant addendum might truly help when your offer is being considered. Most banks will counter back with these items anyway, so specifying them upfront will help prove you are a ready, willing and able Buyer. These are only helpers, the real bottom line is that the bank is looking at the bottom line.
A real estate agent can check foreclosures for you. I would be careful with the foreclosure websites, especially if they ask for money before giving all the details. At least one lists very old foreclosures on the free side to get you to pay the sign-up fee. You can try the HudHomestore at http://hudhomestore.com but you will need a professional to make a bid on one of these homes. Or you can try Fannie Mae's Homepath site at: http://www.homepath.com/
Bad credit is the key here. If you have bad credit, you probably won't qualify for a loan no matte what you are planning on buying. Talk to a lender and see just how bad your credit is. They can tell you what you need to do to bring it up or what would be needed to qualify for a loan.... more
There is one currently available - just let me know where to email all of the information to. My Team is based out of Tallmadge, and Mosholder Realty has been here since 1964. We would be happy to lend our market leading knowledge! I can be reached via email Steve@Mosholder.com or phone 330-554-6770... more
It was GREAT speaking with you over the phone tonight! I do not work that area, but I have contacted a good friend of mine who has done a few referrals for me in that area and he is a GREAT agent. His name is Jeffery Morris and he will take care of you. He is in TX now but available on Cell Phone and will try to contaqct you tomorrow. His number is: 440-313-1261 Below is his website.... more