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Financing in 06705 : Real Estate Advice

  • All7
  • Local Info1
  • Home Buying3
  • Home Selling0
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Activity 7
Thu Jan 14, 2010
Robin Silverberg answered:
I am not totally understanding what you are talking about. They gave your son a gift of $10,000. What is it that you want to do with your car, use that to lower your loan amount, therefore lowering your debt? It is not going to make it impossible for you to buy a home, unless you are in the process of doing it right now. This is something that might work out better discussing over the phone, so that you can explain exactly what is going on. If you would like to contact me, I would be happy to advise you about financing. Either call me at 516-972-1687, or e-mail me through the Trulia profile. ... more
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Wed Jan 13, 2010
Kristina Zack answered:
Here is a chart that will break down your answer

http://74.125.155.132/search?q=cache:3r9Ac6--vGUJ:www.chfa.org/MAINPAGES/CHFA-Insured_CT-FAMLIES_ProgramMatrix.xls+chfa+owner+occupancy+guidelines+for+condos&cd=1&hl=en&ct=clnk&gl=us ... more
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Mon Jan 11, 2010
Jhr1984 answered:
Sat Jan 9, 2010
Scott Godzyk answered:
Basically you will need to find a complex that is already approved, you will need to have the management company for the condo association apply for approval or will have to find a different typ eof financing to purchase the property. It is going to crush condo sales in the complexes not already approved. ... more
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Fri Jan 8, 2010
Keane Ng answered:
Yes for Fannie Mae/Freddie Mac, but FHA has temporarily lowered it to 30% owner-occupied. However, not more than 10% of the rented units can be owned by one entity, which means that the builder of a new project must keep most units vacant.

http://www.zillow.com/blog/mortgage/2009/12/24/new-fha-guidelines-could-change-the-condo-market-forever-part-ii/

Here's a blog detailing the updates and the temporary guide.
... more
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Wed Dec 16, 2009
Cameron Norfleet answered:
The link below has a lot of great info on waterbury. If you have any questions, give me a call at 203.887.4420
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Wed Aug 4, 2010
Amanda Albert answered:
Yes, that is behind Nino's off of Scott Road. Send your email and I will send you the available units.

Amanda
amanda.albert@cbmoves.com
0 votes 4 answers Share Flag
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