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Porterville : Real Estate Advice

  • All63
  • Local Info9
  • Home Buying22
  • Home Selling4
  • Market Conditions0

Activity 26
Sun May 5, 2013
Coffetoffepizza answered:
Try the website spokeo. It won't be that specific though but it should give you a clue how old the owners were and their income.
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Tue Apr 23, 2013
Unless you are a Veteran (which would allow you to use VA financing) then your credit score is too low at this point to qualify with that low of a down payment. For FHA financing & 500-579 credit scores you would need a 10% down payment. With 580+ credit scores then a 3.5% down payment is all that FHA financing requires. You can get gifts/loans from family members to help you with the required down payment.

You may want to look into a program called NACA, which is 100% financing to purchase a property at incredibly low interest rates (currently 3.375% APR) and has no closing costs. The program takes awhile to complete (as in around 6 months on average), but everyone I've spoken to that has gone through it says it was well worth it. There is no credit score requirement, but you do have to have made all of your payments on time for the past 12 months. The basic eligibility requirements for the program can be found at and for more detailed information you can go to their homepage at (lower left corner, under "homebuyer" - a very useful document is the "NACA Qualification" link). While you are improving your credit scores I'd encourage you to look into qualifying for that program.

Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct
... more
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Sat Feb 2, 2013
James Ybarra answered:
You need to ask your agent. You have a signed representation agreement with your agent. Other agents cannot get in the way of this agreement.
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Fri Feb 1, 2013
Larry Harper answered:
Yes, you may qualify for a loan as soon as today...a few minutes of your time will be well spent when you are ready to meet with a lender. If you are willing to meet with a local Porterville lender let me know and I will provide you with a couple names to consider. I am a local real estate broker in Porterville. You can contact me directly at 559-361-5595 ... more
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Thu Jan 31, 2013
Question: with 25% down, why are you going FHA?
Credit issues?
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Sat Dec 29, 2012
Appraisals are based upon the value 'at the time' of the report.
The sales comparison approach is utilized and the the sales that can be used are closed transactions.
In our current market, with prices increasing by the hour and multiple offers, it is very frustrating that the report cannot utilize the pending sales. ... more
0 votes 5 answers Share Flag
Thu Jan 31, 2013
Hi Lacrossepackers,

Yes and no. FHA doesn't have private mortgage insurance, that's conventional loans. FHA does have monthly mortgage insurance. The difference is who collects the premium. On a conventional loan, the mortgage insurance premium is paid to a private mortgage insurance company thus you have private mortgage insurance. On an FHA or USDA mortgage, the mortgage insurance is paid directly to FHA or USDA.

Now on to the real question.

FHA will require monthly mortgage insurance no matter how much money you put down UNLESS you do a 15 year term and put 22% or more down.
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Fri Nov 16, 2012
Lance King answered:
If you are asking do you have to pay for homeowner's insurance, the answer is yes. If it's a condo you need to get what's called an H06 policy to protect your belongings. These are mandated by the lender or HOA and are not covered in your down payment. I would look at it like when you buy a car - you still have to pay for insurance. ... more
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Wed Oct 31, 2012
Cindy Davis answered:
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Fri Apr 27, 2012
Jacqueline Garcia asked:
Fri Jan 6, 2012
James Ybarra answered:
Hi Rudy,

I would need to know what you are comparing these costs to, that you are concerned they will go up. Also need to know your current usage (will that change?),what city you will buy in and what type of property?


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Wed Oct 19, 2011
James Ybarra answered:
Hi Karen,

I would be happy to schedule a visit and give you a free CMA on your home.

Please call me at your earliest convienence.

Thank you,

James Ybarra

0 votes 1 answer Share Flag
Tue Apr 19, 2011
Anna M Brocco answered:
Without much information--Was the bankruptcy discharged and if so how long ago--much will depend on your current overall financials, credit, debt, etc., the lenght of time may vary from lender to lender, therefore visit with any qualified loan officer(s) and do make sure your credit you have already started repaiting your credit. ... more
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Fri Jul 2, 2010
Debra (Debbie) Rose answered:
Jackie - read your lease - it should state how and when the landlord can gain access.

If he or she perceives there may be a problem, I assume they can enter (say a fire or leak). I would further assume that they should give you a courtesy call if they need to get in for some maintenance issues.

If you feel the landlord is entering without reason or the right to do so, then I'd have a discussion about this right away. You should have the right to "peaceful" existance - and your privacy should be respected.

Once again - read your lease for any verbiage regarding gaining access to your apartment.

Best wishes............
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Fri Apr 9, 2010
x answered:
I would be glad to help you with this. There are loan programs that allow for credit scores as low as 580 (USDA) see this website for property eligibility (it is somewhat limited, but worth lookign at)
FHA has loan programs that need a minimum of a 620 middle score (middle of the three bureaus: equifax, trans uniion and experian). There are some boutique FHA lenders that will take a sub 620 score, but the rest of the financial background must look good, i.e. strong payment history of rent that can be verified with cancelled checks, excess funds in reserves post closing (after you put your down payment down AND closing costs, which will be higher with the low scores). I would need to review your file as a whole to tell you where you stand. I do a lot of business in Cailfornia and I have plenty of lenders that will take a look at a not so strong file. Shoot me a call or an email to talk further. In the meantime, you should definitely check out my first time home buyer blog. It will certainly shed some light on what will be expected of you when you go to get financing. Click here: and click "First Time Home Buyer Guide" at the top of the page.

Ryan McPartland
Co-Owner / Licensed Mortgage Consultant
Primary Mortgage Group
800-339-0681 Direct
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Wed Jan 27, 2010
Taelorjaid asked:
I want to be present for my inspection of my rental, but property company won't schedule it when I can be there,
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Fri Oct 9, 2009
Jason Castle answered:
Trulia gets their information from the county records and the local multiple listing service. They rely on closed escrow data to average the sales price information which skews the numbers due to the large volume of bank foreclosures.
Websites like Trulia and Zillow are a decent guide, but I would not recommend making a final decision to list or sell a home based on the information they dissiminate.
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Sat Dec 13, 2008
Lori Rossi answered:
So that would be a total of $26k difference between the two appraisers? That seems like an aweful big difference. Request to see a copy of the appraisal-you paid for it. Look at the comparables of both appraisals that were used with your realtor and decide where to go from there. How do you know that the new appraisal will come in $9k more before they've seen the property? Appraisals are not an exact Science-the first appraiser may not have used correct comparables in the same area. Good luck-I'm sure you will work it out. ... more
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Fri Nov 21, 2008
Scott Godzyk answered:
You should call the listing agent Linda Hicks at 866-732-6139 for information about this listing. good luck with your search.
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