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Category Archives: Renting & Real Estate
What documents are necessary for seller financing a vacant building lot?
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 … Continue reading
What companies provide financing for a mobile home?
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 … Continue reading
Posted in Renting & Real Estate
Tagged Doublewide Mobile Home, Improvement Loan, Moving, Piece Of Land, Tin
7 Comments
Can a buyer change their financing type after an offer is accepted?
Yoli asked: Is a buyer entitled to change their financing type after their offer has been accepted by a BANK or Private Seller? If after the initial offer is made the buyer finds that they are able to obtain better … Continue reading
Posted in Renting & Real Estate
Tagged Fha, Loan Program, Loan Programs, Private Seller, Program Type
3 Comments
What are the pros and cons of owner financing a home?
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 … Continue reading
Posted in Renting & Real Estate
Tagged Mortgage, Owner Financing, Pennsylvania, Pros And Cons, Pros Cons, Tough Market
1 Comment
How does an American obtain financing for buying property in a foreign country?
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 … Continue reading
Posted in Renting & Real Estate
Tagged Foreign Country, House Loan, House Mortgage, Mortgage Loan, Romania
1 Comment
How does financing work on a residential lot?
D B asked: There are 2 residential lots in this neighborhood that is up and coming. I want to buy the two lots but sit on them for about a year or so. How would the financing work? Do you … Continue reading
Posted in Renting & Real Estate
Tagged 30 Yr Mortgage, Finance, Neighborhood, Residential Lots, Sit
2 Comments
What banks do financing on the wholesale side for spec homes?
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 … Continue reading
Posted in Renting & Real Estate
Tagged Banks, Builder Programs, Indymac, Lot, Mortgage Broker, Owner Builder, Retail Side, Spec Homes, Wholesale
2 Comments
How can I get financing for a mobile home that is not on a permanent foundation?
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 … Continue reading
Posted in Renting & Real Estate
Tagged Company Finance, Doublewide, Financial Trouble, Land Financing, Mobile Home, Running
1 Comment
How do I find out the financing arrangements negotiated within a real estate transaction for a property sold?
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?Wendy