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All Forum Posts by: Shivam Patel

Shivam Patel has started 6 posts and replied 16 times.

Any recommendations on smart locks for rental/ airbnb that can be accessed remotely? Any good experiences with a specific type of smart lock?

Thank you

@Jason Wray thank you!!

Getting mixed info on being able to rent or airbnb second home (vacation home) when not occupied.

Is it possible with financing as a second home and be able to rent or airbnb the place when not occupied?

This may be due to covid 19, but I was told sellers agent is only allowing myself (buyer) and closer (notoriety person) at closing. Is something like this allowed?

@Pace Jordan Morby

Thank you very much for your response!

I am not aware of Subject To approach. I am a first time home buyer and worked with a real estate agent.

@Sean McDonnell

Thank you very much for the response!

I've been seeing the impact this could have on housing and was curious on how to minimize risk from the buyer end.

Income stable for now, hoping it stays that way

Yes inspection was done with minor fixes which seller agreed to fix.

Appraisal came back at the sale price 2 weeks ago, not sure covid 19 impact on appraisal- if any.

Currently in the process of purchasing primary residence. Current delays due to courts being closed due to covid 19.

Offer of full price with sellers assist was accepted at beginning of covid 19 concerns.

Given covid 19 concerns on market, would you consider asking for a lower sale price or any further negotiations to reduce risk for buyer?

.

Is it common for appraisal to come back exactly as the offered sale price?

@Raine Garrett

It's called professional home loan aka Doctors loan

Wondering if anyone has experience with doctors loan with primary residence. Pros vs cons.

Appreciate any input