It looks like you are making some good moves to accomplish your goals. I know of a very good mortgage rep that has credit repair programs. Let me know if you would like his contact information. Keep up the good work !!... more
I just went through this on a sale 2 weeks ago: they do a pretty basic inspection, if you want to get a more detailed inspection say for mold, any crawl space issues, foundation/structural, window defects, plumbing issues, electrical wiring (detailed inspection) , if there is a fireplace , termites, etc. this would all be done by a Home Inspection not by the towns C/O dept.
It is pretty much your call, if the house appears sound it very well could be, if it is older, or you see issues already of course you should get one, on the other hand, if you know any contractor friends, famlly members et, they can do a similar inspection for you as well.
The prices in the Crestwoods should not rise significantly in the next few years. I can tell by your question that you already know a lot about the co-ops . They will always be a good deal for the money due to the fact that you can not get a mortgages to purchase one. In any market,when you need a cash buyer you have to have a lower price point due to the limited number of possible buyers.... more
Working with Lexington Law is a good step in the right direction. There are really a lot of variables with traditional financing and with seller financing. I see you are already in Whiting so you probably know about the co-ops in the Crestwoods. I know a couple of good mortgage brokers that have had success with "outside the box" financing. I would be happy to give their phone numbers to you if you like. Good luck.... more
There are some rent-to-own possibilities in the area. Please note that Crestwood Villages 1-4 are co-ops. They do not have mortgages and are bought as cash deals. If you have time for a quick 10 minute phone call, I will be better prepared to help you find what you are looking for. Thank you and I wish you the best of luck.... more
I can understand your frustrations. Paragraph 20 of the sales contract, line 242 @ line 251 should have the number of calendar days after the end of attorney review for buyer to have their inspection report issued. (I usually insert 10 days in that spot). Sometimes the number of days may be changed during attorney review. Look at your contract and the letters to and from the attorneys and see when the report is due. Are you still in attorney review? Have the buyers made a second deposit?
Gina Chirico, Sales Associate
Lattimer Realty... more
When it comes to any crime concerns, your best source of accurate and up to the minute information is the local police department, consider a visit/call and ask all your questions, hear all there is to hear firsthand.... more
Hi Dawn. In my opinion, you have nothing to worry about. Prices will not rise in 2011 and if they do, it's an anomaly and minute, probably very localized. Prices will continue to drop because of unemployment.
Scott Miller, Realty Associates, Boca Raton, FL... more
It all depends on the type of loan you are going to go for. For example- FHA loans now require a 3.5% down payment , Conventional loans require 5-10% down, based on credit score. There are many programs available to buyers today. I recommend you take time to speak with several mortgage agents, gathering information and becoming knowledgable of your options You should consider getting pre approved if you have an idea of the property / home . I can help you get started as I am a Realtor that services that area and would be happy to assist you. Please feel free to contact me for more details.
Helen Cocuzza Realtor Associate
Better Homes & Gardens Real Estate Mary Holder
Email: Hcocuzza@maryholder.com... more
Dear Irene: From recent experience, you can get a mortgage although not through FHA. A Conventional loan would be possible if the buyer has funds for a larger down payment than FHA reguires for their loans. Nancy... more