Have you had your house listed for sale, and you haven't attracted any buyers? Usually a lease option is when you can't sell your home to regular qualified buyers, and have to resort to buyers who can't qualify for a mortgage. You are taking a big risk by doing this. But if you're desperate to lease the house out, and start getting that rental income, then go for it. Make sure you have a good attorney write up the contract.
Lease option situations are pretty unusual these days, since most areas are seeing a very nice seller's market due to low inventory. Most sellers are able to sell. I assume you're trying this "for sale by owner" (FSBO)? You'll probably be able to sell your home much more quickly and for top dollar by hiring a Realtor.... more
It depends on how low your credit is below 600. Here is a lender referral. Best wishes, Tiffany
14500 N Northsight Blvd # 300
Scottsdale AZ 85260
NMLS 228098... more
3 years if delinquent at the time of the short sale
No waiting period if current on all debt at the time of the short sale
(Borrowers are not eligible for a new FHA mortgage if they pursued a short sale agreement on his or her principal residence simply to take advantage of declining market condition to purchase at a reduced price a similar or superior property or if their short sale was on an FHA mortgage)
Bankruptcy: 2 years with reestablished credit
Chapter 7: 2 years with reestablished credit
Foreclosure: 3 years with reestablished credit... more
Difficult question to answer. It depends on what your definition of "good" is.
Access to .... whatever?
Can you be more specific in what you're looking for?... more
you need to have open trade lines , this trade line you can owe 0 but they have to be active to give you positive score, when i was a loan officer this question came up all the time ; now this does not mean go and spend money at all just that you have to have something that the credit agency's can rate you b
hope this was helpful , have a great day... more
There are plenty of land lots ready for your custom home to be built. Email me with your requirements and price range and I will get you a list immediately.
Only an attorney can advise you of your legal rights and whether you have grounds to sue, but they will also likely advise you of the potential position the other side may take, which in this instance is: how much were you actually harmed by having these buyers take the house off the market?
All the best,... more
Some of the best schools and school district is located in Ahwatukee. That is a true factor why homes in this area are priced and sell in the higher price per sq ft category in the Valley of the Sun. You can gain a much better knowledge about a particular school by making an appointment to tour the school and speak to the administration/teachers before deciding on the right school for your children. Plus there is so much info on about schools in the valley at http://www.greatschools.org/.
I hope this helps and do not hesitate to call or email any other questions.
American Associates Real Estate
Homes | Condos | Investments
Spanish and English speaking Realtor
8930 E. Raintree Drive Suite 200
Scottsdale, AZ 85260
Office 480-458-8007 | Fax 480.767.7200
TEMPE REALTY CO. http://www.TempeHomesCondos.Com
LAVISH PAD BOUTIQUE – http://AZLuxuryHomeBlog.Com
TEMPE REAL ESTATE BLOG - http://TempeRealEstateBlog.wordpress.com
Yes Dreams Come True, Let me Show You!... more
I recommend being sure to get an agent with experience. She can help you with pricing your property properly and giving you hints to make the property show better and be more sale-able. Having someone you can trust to give you good advise is very important and then you need to work with your agent. The goal is to get your property sold for the highest price in the shortest period of time. You are paying your agent to help you reach that goal and you need to work together as a team to get it done!... more
Sounds like you are getting an FHA mortgage! I am not aware of any website for consumer use; generally that needs to be done by a Realtor or mortgage company.
If you need agent help, I am glad to do that...just email or phone me and at that time we can talk about your needs in a condo, as well. And I can send you some listings. And, of course make sure they can go FHA!
Happy Thanksgiving...I am working tonight, so if you need me, don't hesitate to call., 480-370-6520. Also have some slots this weekend.
Sonoran Premier Properties... more
Get a few accountants / tax preparers names from your broker and other agents who had been in business for quite a few years. Talk to those tax people about your issues. Use a professional to file your taxes, at least for the first couple of years, it's worth the cost.... more