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19095 : Real Estate Advice

  • All11
  • Local Info0
  • Home Buying8
  • Home Selling0
  • Market Conditions0

Activity 11
Mon Jun 27, 2016
Rosalie Jones asked:
I need assistance in looking to rent a 2 bedroom apartment within Cheltenham School District under $1000 if possible
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Wed May 11, 2016
Mjohnson.clk asked:
I contacted the creditor and spoke with a supervisor who agreed this account was closed and paid off in full in 2012. However, my credit report score detail says the drop is because of a…
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Thu Apr 3, 2014
Brett Warren answered:
It really depends on the location that your are interested in. Most states, cities and townships have separate programs that can benefit the first time home buyer. Some local banks may be offering special first time home buyer programs too. They will not all have the same qualification requirements, however all will look at your ability to pay (employment and Income), willingness to pay (credit) and the collateral (property) to determine your qualifications. The only way to know for sure is to contact the participating lenders and the agencies involved. It is not a short and/or quick process, but you are already on the right road by asking the question. Start by searching all of the above to get their requirements to see where you stand. If you are not quite there yet there are agencies to help you get there. Good start and good luck! ... more
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Sat Mar 23, 2013
Gregorio Denny answered:
There is no rounded figure. A 1 million dollar purchase won't have 4% closing costs and a $50K purchase also won't have 4% closing costs. It also matters if it's a purchase or refinance you are talking about. ... more
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Tue Oct 9, 2012
Emily Landis Torres answered:
Looking forward to hearing from you!
Emily Landis Torres
RE/MAX Central
Direct: 267-640-2327
Office: 215-326-2260 ext 1793
0 votes 4 answers Share Flag
Sun Aug 5, 2012
Hello ygyabaah,

What you need is an FHA 203k rehab loan. They are a lot of paperwork and should be able to be done in 45 days. However for one reason or another they always tend to run 60 days.

If you go to our website you can click on the link at the bottom of the page that explains a 203k loan

Alan Openshaw
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
NMLS ID 143960
... more
0 votes 2 answers Share Flag
Fri Mar 2, 2012
Michael Benedict answered:

Pre approved is a great step forward. I can give you my back round. I am investor of real estate my self. I originated Loans, sold homes, and bought homes. I will not be happy until you and your wife are happy with the property you have chosen. Please contact me and will be my pleasure working with both of you. My contact info is on my site . I look forward to the journey. ... more
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Wed Aug 5, 2009
Melody Kellenberger Appel answered:
you really never know. we had our property listed for $575k and accepted an offer for $500k just 2 months after listing because we found our dream house at a great price and didn't want to miss out. sure we could have had more cash if we waited, but we also could have lost our dream house and paid more for our new house.... ... more
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Fri Sep 26, 2008
Gita Bantwal answered:
Sometimes you can not go by how long it has been on the market . The seller may not be too flexible if they have not reduced the price.
First make sure you have signed a buyer agency contract with the agent. The agent will guide you and show you all the recent sales. You can base your price on recent sales . You do not want to pay more than what it is worth.
I was working with buyers recently who made an offer on a house that was listed at 565k. We offered 450 and came upto 475k.The seller countered at 520 . My buyers were willing to go upto 510, if it appraised so we ordered an appraisal .It appraised at 505 so my buyers decided not to buy and the seller was not willing to lower his price from 520k Your agent will guide you.
... more
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