Yes it is possible to get him just alone and his name depends on the debt to income ratio. If his income alone can sustain every thing you should be okay if her income is needed to cover the debt she must be on the loan. If you want to give me a call we can discussed 850-384-1915... more
This is so subjective;
our opinions are of little value to you.
If you can, drive around town and see for yourself where you want to live.
If this isn't possible, rent for a while so that you can make an informaed decision.... more
The first thing you should probably do is talk to a lender to see if you can get pre-approved for a loan if you going to need one to buy which most first time home buyers do. Once you find out the amount that you are approved for you can contact a local real estate agent in Florida and tell them what you are looking for and have them start sending you listings that meet your criteria. If you find something that you like maybe you could take a trip to Florida to check it out and then you could have your real estate agent submit your offer for you. Another way to do this is still get pre-approved now and then just wait till you move to Florida to start looking at properties. You would just need to find somewhere that is month to month or maybe even a six month lease while you are there looking. Either way talk to a lender now and see which would be better for you and your family. Just remember if you get pre-approved now make sure you don't go out and put a bunch of things on your credit cards or anything like that before you have the keys to your new home.... more
Is this 811 Woodland Drive in Columbia sc? If so, absolutely. What is your phone #. I will call you this afternoon. Or, feel free to call me. My cell is 803-240-8247. By the way, will you be needing a loan to buy the house? If so, I have some great mortgage options that I can share with you. Looking forward to working with you very soon.! Lisa Cloyd... more
There are several homes in the 32507 area that offer owner financing. I will glad to help you find a home for your sister. Just email or call me and I will get all the information from you so I can begin to help you.
Gulf Real Estate Group, LLC
A property manager in Florida who is hired by the owner, is not required to have a real estate license. Having said that, As a licensed Realtor, any type of relationship with a seller would prompt me to provide full disclosure to a potential buyer. At the very least, I am held to a standard of ethics and would not want any transaction to become suspect that I am involved in. I am curious about this question and what prompted it?... more
Well, Redawg77, it sounds like you have done things diligently. It doesn't seem to me that there really would be a drawback to having parents co sign, but you might want to talk to a real estate attorney to make sure you structure things correctly to make sure everyone is protected. There is always a need for good rental property, so in terms of the current market, I would probably recommend sitting on the property as a rental--there are tax advantages to having rental property, too. Look into the benefits of renting property to tenants.
The danger to the co signer on a loan tends to be if the borrower is irresponsible and doesn't hold up his end of the bargain, but it sounds like you don't fit this description.
Good luck to you,
Myke Triebold, GRI, LMC
Banks rarely know what they want, because they are run by people most of which simply don't care. That why short sales are such a mess. I recently had a short sale with a bid of $140K on it with the negotiator demanding nothing less than 180K. Finally the house went into foreclosure and sold at the county auction for 117K. Does it make sense that they declines a much higher bid, spend 50K in foreclosure fees and then finally sold it for 117K? No it doesn't.
Did you attend a county auction or some specific Fannie auction? You might want to focus on county auctions, since they're no games like that there.
Faith Home Loans
Latest Post: Naples Luxury Home on Fire
According to Pensacola MLS statistics, homes in 32514 are selling for about 96% of list price. This is for all residential sales March 1 to Aug. 15, 2010. However, and this is a big however, that is based on the last list price, that is the price listed at the time of sale. It does not reflect the home's original list price. If the price of a home has been reduced since the original listing, than that 96% figure will be considerably lower. If you need help in buying or selling a home, please feel free to contact me directly. You will find my contact info through my website below. Thank you!... more
Try the S.W. Side: Grande Lagoon, Innerarity Island, the entire Old Gulf Beach Hwy, Perdido Gulf Course (changes it's name a lot) - just prior to Winn Dixie on Sorrento Road.
All of these locations are about 4 miles to the Back Gate at NAS just off Blue Angel Pkwy and are also close to the Beaches at Perdido Key: Johnson Beach, Gulf Islands National Sea-shore, and Florida State Park on Perdido Key.
You should be able to find a VERY nice home in your price range.
Engage a good Realtor in Pensacola and they will be able to help. There are no standards here so it is about asking sellers of homes listed for sale in the MLS. Realtors have contacts and can do the searching. Thanks to you and for family for your sacrifice in protecting our country.... more