Archive for the ‘Renting Real Estate’ Category
Wednesday, July 8th, 2009
woroguda asked: I have a lot that I want to sell on monthly payments through seller financing in Pennsylvania. I don’t want to use a land contract. Can I just use a standard purchase and sale agreement which states the terms, ie payments, etc. or do I need additional instruments as well like a note, vendor’s lien deed, etc?
Does the deed go to the buyer or does the seller keep it. Also does the deed have to reflect the existing lien?
Anna
Tags: Building Lot, Land Contract, Pennsylvania, Purchase And Sale Agreement, Seller Financing
Posted in Renting Real Estate | 2 Comments »
Friday, July 3rd, 2009
Candy H asked: I live in a 1987 doublewide mobile home – its made out of wood not tin. I own it 100% and its valued at $40K+ but it needs work – like new windows and I would love to remodel the kitchen but have yet to find any companies that offer financing.
Per the county thats what its valued at – please don’t answer if you are ignorant.
Its in a park – I was told by my bank they would finance moving it and a piece of land. I just want an improvement loan.
Rachel
Tags: Doublewide Mobile Home, Improvement Loan, Moving, Piece Of Land, Tin
Posted in Renting Real Estate | 7 Comments »
Tuesday, June 30th, 2009
xandres103 asked: I have a home that I am interested in selling and am looking at various ways to entice buyers in this tough market. One option told to me was owner financing the property. What are the pros and cons as a person that would be financing my property? Also, what would be the difference if I still have a small mortgage on my property?
The property is in Pennsylvania.
Glen
Tags: Mortgage, Owner Financing, Pennsylvania, Pros And Cons, Tough Market
Posted in Renting Real Estate | 1 Comment »
Wednesday, June 17th, 2009
boobicat asked: I am real estate student trying to appraise a comparable property. How to find out what expenses and financing used within the sale of a property already sold?
Loretta
Tags: Comparable Property, Real Estate Transaction
Posted in Renting Real Estate | 3 Comments »
Monday, June 15th, 2009
wldwon2003 asked: I live at home with my grandfather who is currently running into financial trouble. We live in a doublewide without a permanent foundation. He is willing to sell me the house and his 28 acres of land, but I can not find financing for it. Any ideas on a company that will finance without us putting in a permanent foudation?
Leon
Tags: Company Finance, Financial Trouble, Land Financing, Mobile Home, Running
Posted in Renting Real Estate | 1 Comment »
Sunday, June 14th, 2009
lizsheltonhare asked: Whats the best way to get financing in order to flip houses, without taking a loan against my own home? Something with a low interest rate for a short time, or a fixed rate for a longer term?
Louise
Tags: Fixed Rate, Interest Rate, Low Interest, Short Time
Posted in Renting Real Estate | 5 Comments »
Friday, June 12th, 2009
J.R.H. asked: I live in an urban area and just found a vacant plot of land between two townhouses. I am interested in building a house with a cutting edge/modern design and eco friendly features. If I buy the land and hire an architect/engineer to design the structure, I have a few people interested in buying the house before it’s built. If I have an offer from them to buy the house, what are my financing options for the construction of the project?
Travis
Tags: Architect Design, Engineer, Financing Options, Plot Of Land, Urban Area
Posted in Renting Real Estate | 2 Comments »
Tuesday, June 9th, 2009
ftroop888 asked: I am looking to buy a flat in Romania. I currently own my own home in the US and have excellent credit. I can afford to buy another house but need a mortgage loan or other financing. Thank you.
Joshua
Tags: Foreign Country, House Loan, House Mortgage, Mortgage Loan, Romania
Posted in Renting Real Estate | 1 Comment »
Monday, June 8th, 2009
alison a asked: I have a friend who is a builder and would like to use me for his mortgage broker. I have no problem finding banks who will do financing for owner occupied builder programs, but nothing for spec homes. A lot of the banks offer spec programs on the retail side, but I’m having trouble finding it wholesale. Thanks!
I do know what a spec home is
My rep at Indymac said that they only do owner occupied construction, but maybe there is another dept she’s unfamiliarr with? I’ll ask her again. Thanks!
Danny
Tags: Builder Programs, Indymac, Lot, Mortgage Broker, Wholesale
Posted in Renting Real Estate | 2 Comments »
Sunday, May 31st, 2009
Papi_79 asked: I’m planning to have a pool built but need to know what kind of loans there are.
Melanie
Tags: Home Improvement, Loans, Pool
Posted in Renting Real Estate | 6 Comments »