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Answers (6)
- Derek Zasaretti, "Derek_Zasaretti"
- Contributions:343
If financing does become a problem. Maybe he can look into saving up and paying cash for a property. There are plenty of good deals out here and some are not in bad shape.
It may require a little "sweat equity", but is well worth it in the long run.
It may require a little "sweat equity", but is well worth it in the long run.
- David Baker, "halogroup"
- Contributions:14
Wetdawgs is right - I would definitely get with a lender before contacting an agent of choice. You need to make sure that there is likelihood of his financing approval before starting to view homes, etc.
- wetdawgs
- Contributions:26854
Your son should consult with a lender before talking with an agent. Agents do not offer the professional skills to evaluate his income, debts etc related to a potential loan.
- Sharon Lewis, "Sharon Lewis"
- Contributions:3923
I would suggest you contact a local realtor, if you dont know one, you can click on any of our names and email us, we all have relationships with other realtors all over the country. I have them all over the world.
Good luck to your son, that is very cool that he is going ahead and purchasing a home. How exciting for him. Make sure he works with a realtor who does a comparative market analysis of the area to make sure he doesnt over pay for it. And make sure he has a home inspection done so he knows what potentially could be wrong. I encourage my clients to also get a home warranty that first year to help cover the surprises.
Good luck to your son, that is very cool that he is going ahead and purchasing a home. How exciting for him. Make sure he works with a realtor who does a comparative market analysis of the area to make sure he doesnt over pay for it. And make sure he has a home inspection done so he knows what potentially could be wrong. I encourage my clients to also get a home warranty that first year to help cover the surprises.
- wetdawgs
- Contributions:26854
If you could respond to your own question by hitting "post reply" so we could have some more details, we may able to toss some ideas around.
- Michael Helton
- Contributions:456
i think we lost the rest of the question?
my son is looking to purchase a home he is on ssdi and works. he has approx 20000.00 in income opti
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