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Home Buying in Lincoln Heights : Real Estate Advice

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  • Home Buying2
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Activity 2
Tue May 19, 2009
Alexandra Parra Rivera answered:
For the property taxes just mulitply 1.25% of the purchase price, for the hazard insurance it should be less than $60 a month but to get an accurate estimate you can contact an insurance agent. Finally for the mortgage insurance its about $120 - 200 make sure with your lender. ... more
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Fri Nov 7, 2008
Peter McCormack answered:
Eddie, ask your lender about FHA 203K loans. These government backed loans require 3% down, but will provide the funds to purchase and rehab the property. The mortgages can only be used for primary homes and not investment property. Good luck. ... more
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