Hello all, I recently got a HELOC on my primary residence quote up to 85% LTV for a rate of 4.375: Prime rate + 1.125%. However, the appraisal value is about $70K-90K lower than I expected. The lender mentioned that I...
Hi all - This is my first time posing here, and I'm hoping for some good insight.
I bought a SFH in June with an FHA loan at 2.75% APR. My payment is very manageable at $1,700/month. I've recently reached 20% equit...
Where is the best place for me to get my credit score?
Hello, Real estate agent here from Buffalo, NY.I wanted to know if any other agent here has ever tried to credit the buyer (whether someone else or yourself) your commission to go towards closing costs?As I understand...
hi everyone,I just got accepted for a property and looking at the estimates, the closing cost seems a little high or is it just me. loan is for 68,000 at 6.625 interest rate. Closing cost $9,989
Are they likely to accept less on a cash offer? Ive purchased some HUDs in the past but always dealt with financing. I hear a lot of foks say they will accept 85% of asking price pretty often. Would I be better to go ...
My wife and I are in the process of purchasing our first investment property. It is a SFH with a separate in-law suite that we are planning on renting out on Air B&B or to a long term tenant. We are amidst the bi...
How does the loan process take place when the Lender loans base on the LTV and the Purchase price and not on the ARV?
Above is a chart summarizing all transaction history of:- Properties sold in the MLS- From 1997 through part of 2019- Detached single family homes (no condos, townhomes or multi-family)- Summarizing 6 different cities...
Should I look at new construction properties in new communities that seem to be appreciating or older property that has lower mortgage and more likely to cash flow?