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what website should go to for section 8 when looking for housing?
Posted by Real Estate Investor on Jun 22 | Real Estate Investing Chatter
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and Credit problems - buying a house? Me and my partner have recently had our offer accepted on buying our first home. We have signed the contact and are waiting for a completion date. We have however recently been informed that the house is blacklisted as the couple who own the property made theirself bankrupt and are in negative equity, a credit agency of some sort have now said that they wont remove the blackilist off the property unless we offer more money to cover the owners debt. Im really unsure where we now stand as the building society are now in the process of repossing the property, but they also accepted our offer. I am really confused by it all as I have never done this before?, more
and Ho do I finance the purchase of my next home in the best way in todays market without a down payment? I have a nice home in a good neighborhood but found a home I like much better.
It is 100,000 and I think mine could sell for at least 90,000, but we still owe about 78,000 on it and I know that closing costs will eat up a large chunk of the difference there when selling… so I was wondering what my financing options might be. I’ll go talk with my lender tomorrow but wanted to go prepared if possible with ideas on how to make it work.
I bought my home on a conventional loan and have made improvements, my current payment in about 685 a month and we have always paid about 700 to 750. It would rent for 750 and the rental market is good but I don’t think that my debt to income ratio would allow me to obtain a second loan and keep this house ( and there is risk there , right) .
I know this is probably a no, but is it possible to offer 110,000 for the house and then ask that the sellers gift back 10,000 to cover prepaid and closing costs? The house is not listed so I I don’t think the appraisal would have a problem with my going over asking price and I think that the property is worth at least 120,000 .
any insight is help full - thanks.
How much do I really need to come in with for a down in today’s market? also if I bought my current home 2 years ago is there a tax implication when selling?, more
low income houses in Amherst NY? im looking for some low income houses for rent, in Amherst NY, and i cant really find anything since ive never done this before.
could somebody please give me some links or something?, more
and How can I tell if a listing is a short sale? Realtor.com has a lot of info, but no info about the type of sale. I know MLS has that info, but for some reason, you need a password for MLS and it changes every time you use it… etc. I’m ruling out short sales and manufactured homes on my search, and a lot of time you can’t tell from the listing.
Is there a way to tell if a listing is a short sale without bothering my realtor?
Thanks for the sarcasm from the second guy. The agent is not the one buying the house, I am. My agent might feel I won’t like a house for one reason or another, but I might still consider it. She might send me listings not realizing it’s a mobile because the listing agent is careless. She makes suggestions and I follow them. I email her lists of 20 mls numbers and the sends me the mls pages usually within a couple hours max.
I’m trying to make it easier on both of us.
I didn’t ask “who can I call?”
I want to know “how can I find out on my own while I’m online… cause that’s where I’m finding most of my listings”, more
Tags: bank owned, real estate, real estate investing, houses
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