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Home Buying in Wadsworth : Real Estate Advice

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  • Local Info1
  • Home Buying7
  • Home Selling1
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Activity 6
Tue May 22, 2012
Vicky Chrisner answered:
I am assuming you have a contract on a house that you're trying to buy? Does the contract address this issue? Hopefully, I know most do. First, talk to your agent. Then, read your contract. Wish I could tell you more. ... more
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Sun Oct 24, 2010
Kevin Olson, Jessica Laude answered:
Unfortunately no one knows what to expect next with the BOA short sales. I've seen the process take 9 months, and other times it was done in 2. The only control you have is making sure the Realtor is staying in contact with BOA to keep things moving along, but there is only so much the Realtor can do. With the situation, they can pull the plug anytime they want to, and since the sherriff's auction was cancelled that's better news than what most people get, however this could be because of the halt to foreclosures currently going on. I know you've been patient to this point, but the situation will require more patience on your part. If a few more months go by, another BPO will have to be ordered because the last one will be too old. These things are complicated, and there is no "normal" process to them. ... more
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Mon Feb 22, 2010
Janet Gommel - Howard Hanna answered:
Using a buyers agent in a transaction is the first step to being able to negotiate a fair value for the property of your choice. Your agent should be able to pull up comprable sales in the target area to substantiate your offer. Your buyers representative should also present the offer to the sellers and the sellers agent in person. Sometimes this is not possible due to sellers being out of town, a third party or bank ownership, etc. Many agents today have forgotten how to represent their buyer clients.

There are still some sellers out there that need or demand more than their home is actually worth in todays market. Those homes will not transfer to new ownership till that seller becomes realistic. But, with the right buyers representative you will know where to start and where to walk away as a sales price.

Janet Gommel - Broker - ABR - ePro
Howard Hanna
330-242-2020
... more
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Tue Feb 2, 2010
Joseph Washick answered:
Hi Bob,

Yes, you can still qualify but you must BUY a home for your principal residence again and you must be under contract by April 30th, 2010 and close the sale by July 1st, 2010. The credit will be, as you know already, 6500- not 8000. By the way, it's only 3,250- credit if you are a married couple filing separate. There are other considerations too... income restrictions that Robin spells out pretty well below. (smile) ... more
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Sat May 23, 2009
answered:
Hi Dannika
VA loans are not your only option like some stated below...USDA is a great program. If you would like more information, please feel free to contact me at my direct office number (216-236-7266). We are located in Independence, about 10 miles outside of Cleveland. Also, check out our website at www.crefco.com. Good Luck!

Joshua Pick
Sr. Mortgage Consultant
216-236-7266 phone
216-236-7267 fax
jpick@crefco.com
... more
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