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Home Buying in North Richland Hills : Real Estate Advice

  • All67
  • Local Info8
  • Home Buying20
  • Home Selling5
  • Market Conditions3

Activity 11
Sat May 4, 2013
John Straub answered:
Hi Lisa
Your question posted in NRH Tx. You might try reposting your question in the St Louis Mo area. There are different disclosure laws in different states.

John
0 votes 2 answers Share Flag
Thu Oct 4, 2012
John Straub answered:
Good Evening
This will depend on your reserves that you have and credit score. I suggest that you contact a loan officer to go through your specific situation. Here is a great loan officer who can help you out, Joey Fox 817-975-3181. He will walk you through this step by step. Best of luck to you!

John Straub
Keller Williams Realty
817-729-4281
john@dfwfamilyrealty.com

http://www.dfwfamilyrealty.info
... more
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Fri Feb 1, 2013
John Straub answered:
Good Evening
This will depend on your reserves that you have and credit score. I suggest that you contact a loan officer to go through your specific situation. Here is a great loan officer who can help you out, Joey Fox 817-975-3181. He will walk you through this step by step. Best of luck to you!

John Straub
Keller Williams Realty
817-729-4281
john@dfwfamilyrealty.com

www.dfwfamilyrealty.info
... more
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Thu Jun 13, 2013
Dallas Texas answered:
Recommend contact a mortgage broker who can review your loan app for the approval process.

Contact my office today
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
972-699-9111
http://www.lynn911.com
... more
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Sat Jun 11, 2011
Brian Rayl answered:
You would need to speak with a real estate lawyer to get the legal answer on it, but I BELIEVE the answer is YES. It may also require a hazardous chemicals or environmental notice to be included in the contract due to the volatile and dangerous chemicals that are used (and created) through the manufacturing process.

What I tell all of my clients is this: If you have knowledge, it is best to disclose it. While the state may not REQUIRE that it be disclosed, if something happens, they can come back and sue. They may not WIN, but they can always sue, and that will take time and money out of YOUR pocket to fight, even if you win. It is always best to disclose if you have the knowledge, even if not required to do so.

Again, this is not legal advice, simply an opinion. Speak with a real estate attorney to get the LEGAL interpretation on that.

It's more than real estate. It's RAYL-Estate!

Brian Rayl
Keller Williams Elite
972-949-4222
Brian@Rayl-Estate.com
http://BrianRayl.com
... more
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Mon Jan 7, 2013
Dallas Texas answered:
Apply for a loan with a mortgage broker , not all foreclosures take those types of loans, has to be reviewed by your Realtor once you are approved.

Many foreclosures have restrictions from the lender who owns that home

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
... more
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Fri Aug 27, 2010
Bruce Erickson answered:
I would sell a home with foundation repairs as long as there is full disclosure about the repairs, the repairs where done per an engineers report and supervision, there is a warranty, and the buyer understands the proper way to maintain their foundation.

Best of luck .. Bruce
... more
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Sat Feb 13, 2010
Scott Godzyk answered:
Karen it shows up as soon as the agent makes the change in the MLS. Realtors will see it immediately and depending on if your search is live it to will be instant or will show when teh search is updated or refreshed. ... more
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Tue Aug 4, 2009
T.E. & Naima Sumner answered:
Trulia is not the most reliable way to do a search for homes. You could miss on hundreds of homes on the market. Individual agents have to enter their listings and upload photos. Over 80% of them don't use it.

Your best public site is Realtor.com or I welcome you to use my site to do searches. I will be happy to send you a list of available homes meeting your criteria too. Feel free to contact me directy.

Naima
214-289-8555
Naima@Sumner-Realty.com
... more
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Sat Apr 26, 2008
Alan Wynn answered:
Rusty,

There is no hard and fast rule about this. Mortgage programs for 1st time Buyers make no distinction between new construction or pre-owned homes...that is not a factor. So it really comes down to a financial decision. With new construction, you will get good warranty protection for at least one year on construction defects, appliances etc. This will be 100% coverage. After that, only the foundation and structure will be covered...usually for 10 years. The down side is that you will have to spend money on all those things that most new construction does not come with...window coverings, additional landscaping, swimming pool, etc. This is money out of you pocket. Plus, prices for new construction...even though there is a high inventory...will remain at or above market value because of the current cost of labor and materials. But new construction is nice because it is just that...new. Nobody else has lived in the house.

Pre-owned homes on the other hand offer a better overall value because all of the work is already done and the Owner has already spent that money...so you don't have to. Plus, the cost of pre-owned property can be negotiated below market value because the cost to build the home has already been absorbed into market value. So basically you can get a better value with pre-owned. Plus...for my Buyer clients...I always require the Seller to purchase a 1 year residential services contract which will cover all of the major systems and appliances. So short term warranty between the two is a wash.

My advice is to look at both, find properties that are what you want and then evaluate the pros and cons of each type. Hope this helps.

Please feel free to call or email if I can help you with your decisions.

Respectfully...

Alan Wynn
Like NO ONE Else!
214.729.5582
info@DallasHousesOnTheWeb.com
... more
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