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Richton Park : Real Estate Advice

  • All23
  • Local Info1
  • Home Buying9
  • Home Selling0
  • Market Conditions1

Activity 9
Tue Feb 5, 2013
Terry Bell answered:
Yes, contact some of the great realtors here on Trulia that handle your area. They will give you several referrals to loan brokers, or you can contact some of the loan brokers here directly. The lender should be able to evaluate your situation and let you know how much cash you need to bring into the deal, whether you need to clean up any credit problems and create a "pre-approval letter" for your realtor to be able to know what's the max they can look for you. If you want to go FHA with a low down, you must be prepared to settle for something that will meet the guidelines, and your agent will be best able to find the perfect fit. ... more
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Mon Oct 29, 2012
Alison Hillman answered:
Hi Patricia,

Can you please elaborate, what listing are you referring to?

Ali, Community Manager
0 votes 1 answer Share Flag
Tue Apr 24, 2012
George Raymondo answered:
In the eyes of a Mortgage Lender, Bank or Credit Union it's all the same. The only difference is it can give you a strategic advantage over going through the foreclosure process. Case in point, I had a client who applied for a loan 3 years after he filed BK and left his home. Come to find out, the bank didn't foreclose on the home for 2 1/2 more years meaning the clock started ticking the day the Bank took the house back. This client had to wait an additional 2 1/2 more years. He was really ticked off. In closing, a Deed In Lieu will give you that date in certainty so you can go away and lick your wounds and apply for another home in two years for VA, 3 years for FHA and USDA. Longer for Conv. Hope this helps. ... more
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Thu Jun 20, 2013
Dan Tabit answered:
Each agent will set their own commission. Quoting average or typical commissions has been deemed illegal and an attempt to price fix.
I suggest you interview a few agents and focus on the one who will represent your interests best, do the best job of getting your home sold and protect your interests at all times.
A good agent is worth more than whatever commission you'll end up paying and a bad one will cost you far more than just the commission.
... more
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Sun Aug 14, 2011
Scott Godzyk answered:
If you lose your house to foreclosure, it is unlikely you wuld be able to buy it back unless you had teh cash, in the old days you would need a minimum of 2 years before you could get a mortgage, in this market people without foreclsoures cant even get a mortgage, the foreclsoure will stay on your credit for up to 10 years. You will need to rebuild credit and hope teh banks start lending again. ... more
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Sat Oct 2, 2010
Cesar Mendoza asked:
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Sun Jan 24, 2010
Marge Haworth answered:
Agents who list foreclosures usually contract the trashout and services. Make a brochure and business cards, deliver in person - answer your phone when they call!
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Tue Jul 20, 2010
Diana Williams answered:
Are you trying to do a Loan Modification? If so, Good Luck . They're have been multiple reports online that you can read through if you dont believe me . Once they have found that they cant refi your mortgage they will NOT help you at all. The reason NACA does the whole work shop thing is to get people in to see if they can find refi clients . They do help some in rare cases just to keep their name as a non profit. If you need help with a modification Call me 708-526-1803 I have references 100% approval rate. ... more
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