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Home Buying in West Lafayette : Real Estate Advice

  • All53
  • Local Info2
  • Home Buying19
  • Home Selling4
  • Market Conditions3

Activity 19
Wed Oct 11, 2017
Sarah Giraffe answered:
My home was appraised at$10k more than asking, and $20k more than the closing price
0 votes 5 answers Share Flag
Tue Jan 24, 2017
Bernard G. answered:
Hello,

I have emailed you regarding this concern.

Regards,

Bernard
Consumer Care Advocate
0 votes 1 answer Share Flag
Mon Feb 16, 2015
Noah Seidenberg answered:
A sellers market and a lack of inventory. It is this way in many parts of the country.
0 votes 2 answers Share Flag
Sun Feb 15, 2015
Noah Seidenberg answered:
With the market being more of a sellers market it makes it tough. I would look for different programs through a lender. There are low on now down payment loans available. I have not heard of many people having much luck with rent to own. ... more
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Thu Dec 26, 2013
jay answered:
you can contact me @ 765-588-6023 for a house available in west lafayette, IN
0 votes 3 answers Share Flag
Tue Oct 22, 2013
Jim Vruggink answered:
Yes, we might be willing to do that. What is your timing? Our new house will be ready in January. Jim
0 votes 1 answer Share Flag
Sun Jun 23, 2013
Debra (Debbie) Rose answered:
Make sure you really understand what "rent with an option to buy" means before signing anything!

Contrary to what you may think - you don't simply pay rent, and have it all applied to the purchase if you decide to buy the home at the end of the lease.

It doesn't work that way.

You will be expected to give a non-refundable deposit, and may also be asked to pay an amount of rent over and above the normal rent.
If you do not, for ANY reason buy the home at the end of the lease term (which might mean you're not able to qualify for a loan), you will lose the deposit and any rent overage you paid in.

So, if you cannot qualify for a loan now, be sure you will be able to do so later.........or risk losing money.

Also, your selection of homes will be severely limited as most sellers who want to, and can, sell now, not later.

My advice is to rent until you get your personal financial house in order before looking to buy a real house!
Once you're ready, then buy in the normal fashion.

Best wishes.........
... more
0 votes 1 answer Share Flag
Sun Oct 7, 2012
Maria Gilda Racelis answered:
Your best option to vanquish that nightmare is to consult a local loan officer. This task should not be intimidating.

Consider this process as consultation wherein you can discuss all your options and gain education and information from it to pave the way to homeownership. This is your first step. Getting your finances in order.

Good Luck.
... more
0 votes 2 answers Share Flag
Sat Oct 6, 2012
Cara McLean-Rolfes answered:
I am a West Lafayette agent and would love to help! There are several listings around that area and I only live about 5 minutes away myself! Please feel free to contact me in finding a great home for you to be close to your daughter! My direct line is 765-714-3569 my email is crrolfes@yahoo.com or my website is www.caracancloseit.com Look forward to hearing from you! ... more
0 votes 5 answers Share Flag
Wed Apr 25, 2012
Sherry Cole answered:
Pt -
I am more than happy to run a search for you and see what is out there that meets your needs.
You can email any other specs you want to sherryncole@gmail.com and I will see what we can find.
More than happy to help.
Sherry Cole
Associate Broker
Keller Williams Realty
765-426-9442
sherryncole@gmail.com
... more
0 votes 2 answers Share Flag
Thu Apr 19, 2012
Kimi Sharp answered:
Is the 560 your mid-score or your lowest? That makes a difference ... And depending on your downpayment, yes it may be possible.
0 votes 3 answers Share Flag
Thu Apr 19, 2012
Kimi Sharp answered:
I can send you a list of 6 four bedrooms available on contract in Tippecanoe currently ... please call 765-418-9613 for more information ;-)
0 votes 2 answers Share Flag
Wed Apr 18, 2012
Stacey answered:
3511 Pine Needle PL, West Lafayette, IN 47906 is a great custom built ranch that is in a great location. Open House on Sunday, April 22 from 1pm - 3pm! check it out!
0 votes 3 answers Share Flag
Mon Apr 16, 2012
Ness answered:
Yes 3 Bedroom 2 Bathroom Rent to own Located at 31 Vicksburg LN West Lafayette,IN 47906... Feel free to drive by and give me a call if you are interested 765-532-0610...I also have 22 other houses 4 houses and 1 duplex currently on the market For Sale OR Rent to Own ... more
0 votes 2 answers Share Flag
Wed Apr 4, 2012
Sarah Fruehling answered:
Hi Sandy, you may lease your property to 3 unrelated individuals, this applies to all properties in Tippecanoe County, whether it's within the city limit or out in the country. There are no special zoning required, most likely, if you're buying a single family home or a condo in West Lafayette, they are zoned R1, just for your information. Your two sons are counted as one entity, so technically, you may rent out to two other unrelated individuals. You will need to apply for a rental certification through the City of West Lafayette (even if your property is located in the Klondike/Harrison district and not the West Lafayette schools district), there's usually a $500-1000 up front fee to this (cheaper if you can provide a recent property inspection report), the city will review this information and possibly send out an inspector to make certain the home meets all requirements as a rental. You will then be issued a rental certification sticker to be displayed at the home. There's a renewal fee of $200 every year or two. Hope you'll find this information helpful. Feel free to contact me for further assistance in purchasing a property in West Lafayette. Thanks and have a great one!
Regards,
Sarah Fruehling
Broker Associate
sarah.fruehling@gmail.com
www.sfruehling.remax-indiana.com
... more
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