In North Carolina it is possible to do a Lease with an Option to Purchase or a lease with a purchase agreement that would keep the purchase price fixed when it's time for you to buy. However, our real estate market has been so healthy that not many owners are willing to tie their properties up with a rental waiting to close in the future.
FYI - most lenders are more than willing to lend to people with a fixed income. Of course you still have to meet the guidelines for obtaining a mortgage but basically if you can afford your new home you will be able to obtain a mortgage.... more
You really would be well advised to find yourself an experienced buyer broker to assist you. It's not going to cost you anything and I believe it's likely to save you time and money. I've attached a link below on what to look for and what to ask when you're interviewing buyer brokers. You are at a decided disadvantage if you start negotiating with the listing agent/ seller as they do this for a living every day and know the contracts you'll be using much better than you do.
No one here on Trulia is going to be able to really offer you much better advice unless they specifically know the property you're considering and have actually seen it.
I would say New Bern is very diversed in all aspects. New Bern has a social mix for all types of people. It is a great little town where you will find many friendly people. Our town has a lot to offer no matter what your interested maybe.... more
Hi! I have these 2 double wide mobile homes for sale in Pamlico Co. The first one included 13 acres and the second one is waterfront and the seller is HIGHLY motivated, bring an offer. Please call me if you'd like to arrange a showing or have any questions. Thanks!
If you're borrowing the difference from your mother, then "yes". If you're planning on borrowing that amount from a traditional lender (ie: bank)... they'll want some sort of collateral against the loan.... more
The market doesn't care how much you owe, nor how much you're paying your Realtor.
Buyers will only pay what they perceive to be "market value" or less. So the best thing to do is to ask your Realtor to do a market analysis, and determine what market value really is. Have them back it up with properties currently on the market (your competition) as well as recently sold properties (closeds). Look at that date carefully, and as objectively as possible.
Once you've determined your target sales price, see if after "closing costs" it covers your $118,000 and your Realtor's fees.
not an answer but continued from previous post.
note about previous statement:
I hate airing out so much personal stuff but have nobody would could help, most of my kin are dead or in worse shape money wise, There is someone who is able to help pay bills but is on disability too and has no credit.
also been to BB&T and have tried to get help with HUD and Sec 8 since 2008 to no avail. I need help finding a decent safe place.
Thank you... more
You mentioned the market is slow, so it seems the agent is not to blame. I would have a discussion first and ask the agent to detail the marketing plan they have implemented. Sellers always think it's the agents fault when their home isn't selling. There are many factors involved...market status, marketing, pricing, condition, etc. Your agents service could very well be lacking but be sure before you jump ship :)
Licensed Associate Broker
Accredited Buyer Representative
William Raveis Legends Realty Group
Many different companies have properties available in New Bern. Some of them allow pets: some have pet restrictions; and most of these have a non-refundable pet fee. Please contact me directly at (252)497-2944 or email@example.com for additional information.