First-Time Homebuyer

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First-Time Homebuyer (by Steve [OH]) May 13, 2022 8:46 PM

First-Time Homebuyer (by Vee [OH]) May 13, 2022 9:19 PM

First-Time Homebuyer (by Robert J [CA]) May 13, 2022 9:42 PM

First-Time Homebuyer (by Steve [OH]) May 13, 2022 9:55 PM

First-Time Homebuyer (by Robert J [CA]) May 14, 2022 2:39 PM

First-Time Homebuyer (by Barb [MO]) May 14, 2022 3:20 PM

First-Time Homebuyer (by Ray-N-Pa [PA]) May 16, 2022 5:36 PM

First-Time Homebuyer (by Ken [NY]) May 16, 2022 9:21 PM

First-Time Homebuyer (by Steve [OH]) Posted on: May 13, 2022 8:46 PM
Message:

One of my tenants is interested in this. Anyone had recent experience? I want to help steer her in the right direction

and protect her from sharks. Thank you..!! --74.129.xxx.xxx

First-Time Homebuyer (by Vee [OH]) Posted on: May 13, 2022 9:19 PM
Message:

steer them into one of yours. --76.190.xxx.xxx

First-Time Homebuyer (by Robert J [CA]) Posted on: May 13, 2022 9:42 PM
Message:

They should not allow their agent or broker to use their home inspector because if the inspector tells of problem, then the agent/realtor wouldn't use them again. Also get a combination lenders and buyer title insurance policy. --47.155.xx.xxx

First-Time Homebuyer (by Steve [OH]) Posted on: May 13, 2022 9:55 PM
Message:

It's a house they're renting from me that they're interested in buying. --174.207.xx.xxx

First-Time Homebuyer (by Robert J [CA]) Posted on: May 14, 2022 2:39 PM
Message:

Sell them your home and carry back the mortgage with a 20% down payment. Have the insurance list you as the mortgage holder and payee of the policy. Charge them 5.5% interest rate and have a pre-payment penalty. --47.155.xx.xxx

First-Time Homebuyer (by Barb [MO]) Posted on: May 14, 2022 3:20 PM
Message:

If they like the home they are renting from you, definitely see about them buying it. You can hire a lawyer to draft the paperwork and you can both save on the realtor commission.

I would accept a lower down payment, but with a balloon payment in 5 years. --149.76.xxx.xx

First-Time Homebuyer (by Ray-N-Pa [PA]) Posted on: May 16, 2022 5:36 PM
Message:

Doesn't Ohio have its own FHA program? --24.101.xxx.xxx

First-Time Homebuyer (by Ken [NY]) Posted on: May 16, 2022 9:21 PM
Message:

I wouldnt hold the mortgage,now is the time to get cashed out.Find a mortgage broker and get them approved,make sure they can afford the place,write a contract.Dont short yourself,confirm what the place is worth,values have gone up a lot so put some effort into it or hire an appraiser --74.77.xx.xx

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