Hi! My name is Ellen Chaney and I am a full time agent with Keller Williams Realty. I saw your recent post on Trulia and I would love to help you find the perfect home in your desired price range. There are many ways that we can start this process. You would have many great options with walk out basements. Shopping for the perfect home can be so much fun! I look forwad to helping you. Please feel free to call me on my mobile phone with any questions 330-321-2927 or email me at email@example.com... more
The norm with most mortgage companies is 640 or greater although if you shop around you may find a company that will go down below this score. If the score goes below 640, the ratios (debt-to-income) play a larger role.
Prudential Patt White Real Estate
Lehigh Valley, PA... more
Hi, yes, since your question isn't mortgage or real estate based, I'd be surprised if you'd find the answers you're looking for here. Especially with all of the privacy laws these days. My advice would be to first call upon the police, since you say this is a missing person's case. If they can't help then contact a local attorney OR more so, a private investigator. Best to you in your search efforts, Kimberly Lawson Mortgage Loan Originator T/F: 888-659-3848 firstname.lastname@example.org http://kimlawsonloanofficer.com NMLS:5601 OH.LO.004495.000 First Priority Financial Inc "Where Open Minds Close More Home Loans" 748 N. Court Street, Suite 201 Medina, OH 44256 NMLS:3257 Licensed by Ohio Division of Financial Institutions, MB.850147.001... more
Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.
The basic concept is finding a way to "force" savings towards a down payment by including a portion of the monthly rental that goes towards that savings. You pay your rent every month and your Landlord deducts a pre-determined amount to hold in a special bank account, called an "escrow" account. Your Landlord holds that money until you have saved up enough---through this "forced-savings" method---to meet a down payment to purchase the home.
The terms of the purchase price, including the down payment amount, and the amount to be set aside from the rental for down payment, are all set down at the time of lease signing.
It's all about helping the renter/tenant save up enough money for a down payment to buy a home (in this case, the one you're renting). But this is a better deal for the Seller because he gets to lock in a purchase price and a buyer today for a future sale.
Saving money for a down payment? Well, heck, you can do that on your own.
If you are dedicated to the idea of buying your own home, you can create your own savings plan to save up enough money for a down payment. And when you have saved up enough for a down payment, if that takes a year or two or more, YOU get to decide on the price you're willing to pay for the house at that time based on current market conditions. You won't be locked in to a price that may be a lot higher than what the house is worth in the future.
With Rent To Own you'll be locked in both to the house and to the price, even if it takes you 3 years to save enough through the forced savings of the rent payments. What happens if three years from now your life situation has changed? Maybe you need a bigger/smaller home. Maybe your employment has relocated. Maybe your credit or income is insufficient to qualify for a mortgage loan.
Find a way to save up on your own; not with Rent To Own.
Sit down with a local Mortgage Banker and get yourself prequalified, too. You may find you're better qualified than you think you are, and, if you're not, at least you'll know how much loan your income and credit qualify you for, and how much you have to save towards down payment and closing costs.
Hello Renter, You say your job just started? Do you mean you were in school before or have you been employed for a year or more and this is just a new company you went to? If this is just the start of your employment then may need to stay renting until you have a year of employment. I have a Mortgage Planner who works with you while you are preparing to purchase a home or townhouse. Just call or shoot me an email and I will get you connected.... more
I have had a friend that live in aspen lakes! Just like any other apartment you will have the dislikes and likes. I would say it isnt the best in Brunswick but it will do! Also i suggest maybe thinking about buying the price of a mortgage is just allot cheaper then renting! Im talking 300- 400 mortagage payments! Start looking into the future and maybe turning your first home into your first investment property with out the hassle of having people right on your lap while renting! Please feel free to contact me anytime i feel i can steer you into the right direction the first time! http://rob_erney.russellrealty.com/
(630)809-7224 Call anytime with any type of questions!... more
Average days on the market, do vary based on price, location, condition, upgrades, etc., for a specific area, any local agent/realty office can help you, they all have access to the same information.... more
No Realtor is going to charge you a fee to show you foreclosed homes.
I assume you're referring to RealtyTrac and their ads here on Trulia. Jennifer: Please pay close attention. Those are not listings. Those are advertisements to try to get you to subscribe to RealtyTrac's services. Many of those homes are not for sale--which is why you didn't see them on Realtor.com.
If you want to find foreclosures, contact a Realtor in your area. Any Realtor will be able to produce a list of foreclosures that are on the market. And a Realtor will be glad to show you those properties without charging you a fee.
If you want and would like to remain in your home, do try a loan modification, or if possible refinancing--if you can prove hardship to the lender, you may wish to consider a short sale--however, before doing any short sale or consider any defaults, protect yourself and do consult with an attorney who specializes in real estate.... more
The first and best place to go is to a loan officer! Make sure getting a pre-approval is free, as most are. I always suggest going to 2-3 different venues... a mortgage company and a bank you may have used in the past. You can even go online these days and apply online, b ut be cautious anytime you give out personal information!! You can call and speak to a loan officer on the phone, or apply online and they will contact you. I usually prefer dealing with local lenders, versus a national representative out of state. You may want to be able to go to your lender to ask questions not deal with a 1 800 number!
Typically, a credit score of at least 600, a good rental reference for atleast a year, and 2 years on the job are good indicators of being approved.. but.. its free so doesnt hurt to try!
After a short loan application and a few docuemnts, inclduing current pay stubs and past tax returns, as well as bank statements, and they can give youa pre approval within a few days! They will give you what's called a good fair estimate for closing costs as well as an estimate interest rate so you can compare it with another, and find the lender you feel most comfortable with as well as the one with reasonable closing costs and best interest rate. Sometimes, you can get the lenders to compete with each other!... more
Yes, you can look to get a Mutual Release from your listing agreement. Ask the agent and if you get nowhere with that, contact the office manager or broker in charge. It behooves them to let you out of your agreement, as they do not want the bad publicity!
Good luck, and please let me know if I can assist!
You need to determine the current market value of your home so you can decide how to proceed. If you are in an area where values are declining you may in fact owe more for your home than it is worth. A good local agent can help you by looking at the comparable sales used by the appraiser to make sure they are comparable in condition, location and size. If you think the appraiser is using incorrect comps then call him and ask him to look at ones you think are more comparable. Good luck!... more
Apart from building your credit slowly, have you considered borrowing from friends/relatives? It's good for you because they can offer a lower rate than a loan from the bank, and it's good for them because you can give them a higher rate than a bank CD.... more