Once it's a bank-owned property, it's largely like any other sale except that it tends to take longer to get a response out of the seller. You can still get inspections you just generally cannot get any repairs as a result.
One big thing to worry about this time of year is that the home may have been winterized so the water is shut and you may have to pay to get it reconnected if the bank allows you to do so in order to test the systems.
There was a time when you get get a bargain on these houses but so much of the country's real estate market has recovered that these often aren't all that cheap unless there are major condition issues. And then they really aren't that "cheap" because of all the work they need.... more
You're right, as a mortgage most banks won't bother. Is this a mobile home in a lot? If so, you'll still need to pay space rent and mobile homes are not good investments.
If you want to pursue this, you may want to look into signature loans, refinancing a car or other asset that's paid for.... more
Trulia does not support For Sale By Owner listings. All listings on Trulia are generated by the listing Real estate agent; Trulia scans the MLS data base and posts that information to their web site. If you have your home listed through a licensed Realtor then your listing should appear on Trulia within 72 hours after going live in the MLS system... more
You didn't include a home, but I'd suggest you start with your local MLS. Look up the address and see if it's listed. RealtyTrac shows homes that are not listed and not for sale. Trulia doesn't accept FSBO's. Ify you are not sure how to proceed, check with your managing broker for specific advice how to research a property in your area.... more
Contact Youngstown police dept to inquire about safety. Youngstown is continuing to move forward in my opinion. There are obstacles to get around but we are seeing progress. Do your homework and note home values of that value go back to the old saying " you get what you pay for". Look into finding a home that your capable to move into with little repair and you may be further ahead in the end considering costs of materials, labor, hassle etc. Have a safe trip here and I wish you the best of luck !... more
Many if not most listing will have a prompt you can click onto that shows the crime activity in a given area.
I've been seeing an inordinate amount of these questions popping up on Trulia in recent weeks. As I've said on the other threads I've commented on there's absolutely no way of guaranteeing that any neighborhood will have little or especially NO CRIME.
We're living in a very different time and place today. Unlike anytime since possibly the Great Depression we are living in very volatile socio economic times everywhere in America as well as most places in the World.
What with dynamics like poverty, homelessness, unemployment, illegal immigration and shear desperation it's clearly obvious why crime is on the rise everywhere. What were once considered very safe and secure upscale neighborhoods are now viable high value targets for those who wish to prey on them.
I've livee in a very laid back, low key semi rural North San Diego country neighborhood for the past 33 years. During that time we've never locked the doors on our cars or homes and we've always left our bicycles out unlocked.
In the past several months we've had an influx of multi-family or multi-tenant renters moving into several of the single family residents that have come up for rent throughout our neighborhood. Sometimes there are as many as a dozen old cars and trucks parked in the driveways and on the streets.
Common sense has to tell you that these folks aren't the most financially privileged or steadily employeed. Hence, lot's of folks are hungry and desperate to pay the rent so voila our once very safe and quiet neighborhoods become not so safe and secure.
As a result we've seen a dramatic increase in break-ins and burglaries. Fortunetley there has been no violent crime. Just folks stealing bicycles, lawn mowers & myriad garden tools or anything of value that's not secured. We even have a neighbor who's had 4 chickens stolen in the past month. Duh........ya think they might be hungry?
So we took measures into our own hands and with the help of local law enforcement we've facilitated a NEIGHBORHOOD WATCH PROGRAM. Since the signs have gone up and we've installed or activated existing security systems and video cameras and our buddies at the Sheriff's Dept have been making their presence known and we've all been keeping in touch with one another and notifying one another when we'll be out of town things have really calmed down. In fact there have been no incidents in the past couple of months.
So the long and short of it is that there is no totally safe and secure way of keeping your neighborhood free of crime. The best thing you can do is become involved in your community and stay aware of the folks who live around you.... more
You'll really need to check with the rules of the state you decide to live in.. In NC, the rule is it only takes 1 to buy, but when it comes time to sell, it takes both the husband and wife as we are a community property state.... more
Youngstown is an historically rich town that has been on the rise economically since the steel mills began to close in the 70's. Ofcourse being from New York, you know that every city has it's ups and downs. The downs, to start, mainly exist with the small amount of new homes. Most homes are pretty old, and unless you are one of those individuals who likes to remodel, this may be a problem for you. Otherwise, because you can buy a nice home for less than $100,000, the opportunity for you to move to Youngstown then move out to Boardman (sub-burbs) afterward if you don't care for the city will be easy. Boardman is nice. But you pay for what you get housing wise there. If you don't mind spending $200,000 and up, then Boardman will be the place for you. The only down is the traffic, it may not be like mid-town Manhatten, but it can get pretty bad. So there you go, as we say in the Army, "Bottom line and up front!"... more
Since no link is visible, if the property is of high interest, rather than simply relying on pictures why not consider scheduling an appointment and see all firsthand; any local agent/realty can help, they all have access to the same information; you can also locate some area agents under the find a pro tab.... more
Without knowing the specifics it's very difficult to give you an answer - but here are some generic questions:
1) How much do you owe on any credit cards or revolving debts compared to the credit limit? If you owe more than 50% of the high credit - you can improve your credit dramatically by paying down the balance on the card to a fixed amount (the exact amount can be determined by running a few credit scenarios)
2) Do you have a lot of inquiries on your credit report? Sometimes having 4-6 or more people who have accessed your credit report within the last 90 days can have a negative impact on your credit score.
Aside from these very generic questions - there are other things that can be done - but that would require some more detailed work and involve having a copy of the credit report in-hand.
Best of luck, and if you have questions don't hesitate to call / email.... more