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Home Buying in Taunton : Real Estate Advice

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  • Local Info6
  • Home Buying22
  • Home Selling5
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Activity 30
Janet, Home Buyer in Costa Mesa, CA
Tue Sep 29, 2009
Janet asked:
the area range betwen 345-360k maximun, none of them has been sold for 380k, but what it bothers me more is that is our own broker the one that rather than negociate a price is asking for…
0 votes 0 Answers Share Flag
Dominique Ve…,  in Lake Elsinore, CA
Tue Sep 29, 2009
Dominique Vescuso answered:
How many days are you into your contract and have you signed off on your contingency yet. There are several steps to the escrow period. As long as you are still in the 17 day contingency period you are good although it is posible if the seller is a bank it was reduced to 10 days. If the house has an HOA have you gotten a copy of the CC&R's yet at which time you can also back out and keep your deposit maybe minus some charges. ... more
1 vote 2 answers Share Flag
Jason Hargro…, Real Estate Pro in Braintree, MA
Sat Sep 12, 2009
Jason Hargrove answered:
Delig, sounds like you'll want to speak to an attorney. Talk to your agent about the listing sheet as "subject to seller finding suitable housing" should be disclosed as well. This is also something that should have been on the P&S with a cap date. ... more
0 votes 4 answers Share Flag
Jason Hargro…, Real Estate Pro in Braintree, MA
Sat Sep 12, 2009
Jason Hargrove answered:
Feonie, as long as all parties agree to close at an earlier date, and the closing attorney has everything he or she needs.
0 votes 2 answers Share Flag
Territory.c…, Real Estate Pro in MA,
Fri Jun 5, 2009
Territory.com answered:
Get your deposit back and go to the auction.
0 votes 4 answers Share Flag
Matt Heisler, Real Estate Pro in Westborough, MA
Mon Mar 16, 2009
Matt Heisler answered:
Here's another thought as well - your lender has had ample opportunity to approve you loan at this point, so why is it not approved? I would consider double-applying. At the very least, you need to find out the underwriters concerns about the house, and what is holding up approval. You loan specialist should be able to give you some details, and if they can't I'd find another underwriter. I'd like to see some of the mortgage fellows voice in, but you can't wait around indefinitely for a commitment letter. You need to find the obstacles and figure out if the risk(s) are too great for that lender.

Matt
... more
0 votes 6 answers Share Flag
Lori Lincoln, Real Estate Pro in Dighton, MA
Sun Feb 15, 2009
Lori Lincoln answered:
Yes, Karla, you do have to live in the home. Mass Housing makes it a requirement
0 votes 5 answers Share Flag
Ken Lambert,  in Exeter, NH
Mon Nov 3, 2008
Ken Lambert answered:
Hi Karla- I'm a local lender, and yes- you're parents could do that under the proper circumstances. If it is a single family and they are not living there, they would have to get into it as either a second home or an investment property. If you would like to review your particulars, please let me know.
Thanks, and good luck,

Ken L.
... more
0 votes 3 answers Share Flag
Jonathan Bow…, Real Estate Pro in Stoughton, MA
Thu Jul 24, 2008
Jonathan Bowen answered:
You mean to tell me that you wan't a say in how and when you are going to spend hundreds of thousands of dollars?! Ha, ha! Dear sir/ma'am, my sides are splitting.
0 votes 9 answers Share Flag
Lori Lincoln, Real Estate Pro in Dighton, MA
Wed Jul 23, 2008
Lori Lincoln answered:
Yes, if your contract has expired, the P&S should give you a closing date. If the closing didn't happen, then you no longer have a contract.. UNLESS.. you signed an extension to close that you may or may not remember?
If you don't want to buy the home and you are "out of contract", your agent should have you and your seller sign a deposit release. You should also consult an attorney if your earnest money isn't returned.
... more
0 votes 5 answers Share Flag
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