There are lenders that can help you get that FHA loan but if you want to keep your payment close to what you are paying in rent, your purchasing power will be severely hampered by the mortgage insurance that you will have to pay.
$73k is not a bad wage (many families work with less) and you really have very little excuse to have such a low credit score (the kids are never to blame in this situation but the adult is).
You need to sit down (with a professional if need be) and take control of your finances and your life. Start by pulling your credit report and make sure that there are no mistakes (a ridiculously high number of credit reports have them), gather all your bills, take a realistic look at your needs and your wants and make some cuts then make a budget and stick with it. In addition to getting rid of debt, an important part of your budget should also include a percentage that is put into a retirement account (especially since most employers have a matching program that is like getting free money).
It may not be painless but in less than a year you should see an improvement in your score.
They're probably concerned that you may not be interested in the home when you know about the damage. I would guess that they can't afford to lose money on the sale,a nd you asking follow up questions about the damage has concerned them when it comes to that. You should try to contact them again and tell them that you're currently very interested. That way they won't be as concerned. Either way though, you may be dealing with a tough sale. You should probably keep looking in the meantime just in case.
You might want to see if you can find someone else to help you get the house worked on. If your insurance is helping with the costs, and the other contractor stopped helping you, you should still be able to hire someone to help you. I would suggest talking with your insurance to see what your options are with them. After that you can either contact people to help you restore the house or you can try to sell it, depending on what they say.
I would guess that this could be different for houses right next to eachother. You never know what people were thinking when they built their houses, or if they were all built at the same time. You could probably talk to the sellers or realtors that represent specific homes about this, I think that's really your only chance at getting the information you're looking for though.
It kind of depends on how bad the mold was and if it was resolved properly. I would generally assume that the value would decrease in roughly the same amount of how much it would require to get the home back to a normal condition. I would suggest getting someone who works with mold to come and give you an estimate, and maybe even having a home inspector give you their opinion on the situation.
It depends on how it was resolved. If the mold was completely removed and treated, I'm not sure that they would have to. If there was a chance that the mold would cause problems again or if an unusually large area was effected, I would assume that it needs to be disclosed. You should talk to someone with more expertise on these rules though. if you're considering buying the house, you probably have an idea of where you'll call for an inspection. You could ask whoever that is if this would need to be disclosed. They would know for sure.
Greetings RP, We as realtors are legally not allowed to comment on safety of certain areas regarding crime,etc.. but are limited to discussing property values,location and things related to real estate purposes. What I can recommend is that you research the Orange or Seminole County Police Department website depending on the area around Goldenrod. You can also speak to some of the neighbors about the neighborhood as well. If you are not presently working with a Realtor and would like to talk more I would love to help. Thanks so much.
You can Contact me by phone or email:
Great question regarding an approximate per square foot cost for an upscale custom home. Have you had the chance to speak with any home builders in your area? It may be a good idea to find a few really good, licensed, & reputable home builders for a rough quote. You may get a good idea, but until they see construction plans, it may be difficult to get a real tight cost. http://overlandhomes.com.au/... more
Be careful. There are very few mortgages that do not have a 'due on sale' clause and that 'due on sale' clause can make it risky to do a wrap (as soon as the original mortgage lien holder finds out that the property was transferred to a new party they will call in the loan~ unless the property is worth less than their mortgage).... more
usually when I see Pending it means the house has a contract that is in final stages or the bank stages ready for settlement. Although if you love a house and even if it says Pending, keep checking back, we've noticed allot of homes where all the sudden it's back on the market (the sale fell through).... more