All Forum Posts by: Diandra Duncan

 Hi @Chris Allen has this worked for you? I’ve done all of the above so far and still nothing lo. It’s like I’m speaking another language to lenders. For travel nursing to be such a high demand and high paying job, not many lenders are privy to this. At this point I’m tired of middle men loan officers lol

I feel like no one has listed a lender who actually worked with travel nurses and has been successful. I would say try roundpoint mortgage. I use TRY loosely because I was qualified while on contract but ended up losing out during the underwriting process because at the time it was done I wasn’t technically under contract anymore and my agency basically told the lender that I do not work there (all despite having a local per diem job on the side) lol bummer 

Pls help

I'm semi new to rei and have been looking high and low in this ugly market to get my hands on a good deal. A little background, I've been looking for close to year with my brother with an FHA and have had zero luck and I mean we've seen and put in offers for dozens of properties (primarily Bergen, essex, and union counties). We were looking for a 2 family with a finished basement, vacant. We would rent out the top fl and occupy the 1st and basement while doing little renovations here & there. We switched realtors and finally got an offer accepted in Teaneck, NJ (we would be moving with family btw) with conventional with 10% down on a mother daughter fully vacant at 650k and 10k above whatever the appraisal would be suggested by the realtor. We got the inspection done and there were a few concerns but nothing really major. My big oopsie was that I didn't see the property in person before we put in the offer due to being on location for work. Now, the property is in decent shape however, with the work we have to do on the home paired with the ‘high' offer we put in, I'm starting to feel like it's not worth it and I'm considering pulling out. I know it's not the best thing to do at a time like this but Idk why I'm having doubts. Considering what the market looks like now, can someone offer their honest opinion? Is this a bad deal?

Thank you all for your advice. I truly took everything you all said into consideration. In so doing, I went back to my realtor to propose a new offer 8k lower BEFORE the inspection given the sellers stipulation; since he objected to changes after the inspection. There were minor foundational issues in the basement I noticed the first time I did a walk through and I know that counter was low because who knew what else the inspector would find. But I didn’t think it was enough to ruffle the sellers feathers. But he basically rejected the offer so I walked away. It’s unfortunate and a little frustrating but a learning experience nevertheless 

@Jonathan Greene Yea i completely agree! As a matter of fact, the seller wanted me to waive the appraisal and the mortgage contingencies as well but my realtor declined. I really am not sure what the seller's angle is but that was a little left field for me. And I think that makes sense, limiting repairs/credit requests to major issues because they really should not expect buyers to pay an arm and a leg for a faultline shack

@Nicolas Nuvan. I agree! And the property is in Queens Village. Newly renovated. And according to  my realtor (he works for better home), they are salaried

@Andrew Syrios So the stipulation as explained by my realtor was more like the seller isn't willing to offer credits. There really wasn't any mention of repairs being done

@Stephen Brown for sure! the idea of that alone terrifies me

@Evan Polaski Yea for sure. I agree. I think he just wants to make sure he locks in my offer because mine was closest to what his asking. That just makes me a little uncomfortable that there's really no wiggle room. But I'm still gonna go ahead with the inspection and like you mentioned, worst case scenario, i lose out on 200 bucks

@Andrew B. Yes I was kind of confused initially because I wasn't even aware that some people forgo inspection. But that was the exact wording my realtor used. I literally spoke to him minutes ago after doing some research and now he's saying it isn't being waived, it's just the contingencies that the seller is requesting.