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Home Buying in Waterville : Real Estate Advice

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Activity 7
Wed Nov 11, 2015
Judy Reeves answered:
Please contact me, we have several homes in the are. I would be more than happy to sit down and discuss your needs and budget
0 votes 2 answers Share Flag
Fri Apr 19, 2013
Caroline York answered:
You should contact an attorney. If you do toss his "stuff" you could be violating some law so be sure you have the law on your side. It may be better to put it in storage or ask a friend to come and get it for him. Before you do something rash contact a lawyer. ... more
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Fri Apr 19, 2013
Ron Thomas answered:
In America, we do not assume that someone is always guilty, nor that another person is always right:

Can you imagine a situation where the landload is unjust in wanting to remove a tenant?
So can the Courts.
... more
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Tue Apr 24, 2012
Charlene Hamiwka answered:
your options are to do a 203k loan or a USDA Rural development loan. the 203k is a rehab loan that will let you roll in the money for renovations into the mortgage. These renovations can be done after the closing.

The USDA RD program also offers options to roll in closing costs and rehab - but depending on who you go through, you may have to put up 50% of the renovations into escrow. Check with your mortgage lender for the details.
... more
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Wed Feb 8, 2012
Tim McClary answered:
If your tenant is able to do it, you may offer them the home. If they were able to afford your mortgage on it you may be able to owner finance it to them until they can afford their own mortgage. ... more
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Wed Feb 1, 2012
Tim McClary answered:
Like Charlene mentioned, a 203K is the loan you want. If you only want $30K, you might be able to go with a 203K Streamline Loan. It lets you fix up a place cosmetically, but not add a wing to a home. It seems the big banks are the only ones that offer them. I have called around to the local banks, even some larger ones in Maine, and they have never head of a 203K. It's a little bit of work, but totally worth it in the end. ... more
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