All Forum Posts by: Samuel Williams

Thanks a lot. I appreciate the info.

We spoke with our broker & she agreed short sales would be a better deal for us.

Also you all are correct about getting pre approved first. We hope to buy our first home as an multi-family house.

However we did see a mix property with an apartment upstairs & space for a business downstairs. We have to think about this option as well.

Thanks a lot!

I will definitely consider what you said above.

Makes perfect sense.

Thanks a lot. That was very helpful.

My rental lease expires in April of next year. We thought its a good time to start looking now. We are tired of renting & moving every 2-3 years.

Me & my wife would prefer a multifamily home to purchase & would read up on how to rent it out. (Something we never did before)

Regarding the short sale we did see a few properties we liked & I think we have time to wait until April of next year.

I am a new to this forum and saw a lot of great information. I am a current renter and want to buy a home.

I have a few questions about buying a home for the 1st time where me & my family plan to live.

1.When looking for a home should I be pre approve first or wait until after I find the property I like?

2. Also when do home inspections come into play? Is it during the 1st viewing? after an offer or interest in the home? Also are there any free home inspectors?

3. We saw a few short sales listed. How do short sales work? Are they negotiable?

4. We also saw multifamily homes listed. Are they complicated if you decide to rent out the other part of the home? Would it be beneficial to buy a multifamily & rent out dealing with tenants? Anyone have any experience on this?

5. Can closing be negotiated with the seller where they pay a certain percentage?

6.What are points? & what should we look for regarding them?

Thanks if anyone can help?