Zillow Advice RSS: Question-Discussion-Guide,All Real Estate Advice Topics,IN http://www.zillow.com/advice/IN/all/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate how do i find out who built my home http://www.zillow.com/advice-thread/how-do-i-find-out-who-built-my-home/577367/ 3 replies Sun, 01 Mar 2015 18:43:00 GMT http://www.zillow.com/advice-thread/how-do-i-find-out-who-built-my-home/577367/ 2015-03-01T18:43:00Z multi- family homes http://www.zillow.com/advice-thread/multi-family-homes/577217/ How much more difficult is it to get a loan for a multi-family home to live in and rent out the other apartment/apartments?<br \><br \>3 replies Fri, 27 Feb 2015 20:03:00 GMT http://www.zillow.com/advice-thread/multi-family-homes/577217/ 2015-02-27T20:03:00Z 75% cashout jumbo refi http://www.zillow.com/advice-thread/75-cashout-jumbo-refi/577094/ I have a 761 mid score and have a newly constructed house with a sales price of around 700000. I was forced, due to time constraints, to put 40% down for the contractor's "preferred" lender. The property has four and a half months seasoning. I want to recoup some of my cash. The current mortgage is conforming and has a balance of 409000. I would like 80%, but can settle for 75%.<br \><br \>5 replies Thu, 26 Feb 2015 20:15:00 GMT http://www.zillow.com/advice-thread/75-cashout-jumbo-refi/577094/ 2015-02-26T20:15:00Z Mortgage Pre Approval Prior to End of Seasoning http://www.zillow.com/advice-thread/Mortgage-Pre-Approval-Prior-to-End-of-Seasoning/576833/ I have had a short sale coming up on 3 years now in April. &nbsp;Everything else is ready to go for a mortgage; credit score 660+, no lates, proof of income, etc., etc. &nbsp;We are getting ready to take our home search to the next level and start looking at houses. &nbsp;We are looking to get either an FHA or USDA home loan.<br/><br/>My question is this - Since I cannot close on a new house until 3 years from my short sale close date, can I get pre approved now so that if we find the right house we can put an offer in to close as soon as 1 day after my 3 year seasoning of the short sale? &nbsp;With automated underwriting I don't know if we can get pre approved prior to the seasoning being completed.<br/><br/>Also, can a pre approval letter be generated without an actual hard credit pull? &nbsp;Since they would need to pull credit again when it comes closer to closing, I would like to limit credit pulls. &nbsp;I could provide my credit report via credit karma, discover, or the actual bureau's websites (I haven't received my free credit within the last year).<br/><br/>We are just looking to get prepared in case we find the "must have" house prior to the 3 year seasoning point. &nbsp;Again, we will be obtaining a USDA or FHA loan depending on the property.<br \><br \>3 replies Tue, 24 Feb 2015 18:18:00 GMT http://www.zillow.com/advice-thread/Mortgage-Pre-Approval-Prior-to-End-of-Seasoning/576833/ 2015-02-24T18:18:00Z Should I carpet or put wood flooring in second floor bedrooms http://www.zillow.com/advice-thread/Should-I-carpet-or-put-wood-flooring-in-second-floor-bedrooms/575715/ 12 replies Sat, 14 Feb 2015 19:39:00 GMT http://www.zillow.com/advice-thread/Should-I-carpet-or-put-wood-flooring-in-second-floor-bedrooms/575715/ 2015-02-14T19:39:00Z Should I carpet or put wood flooring in second floor bedrooms http://www.zillow.com/advice-thread/Should-I-carpet-or-put-wood-flooring-in-second-floor-bedrooms/575715/ 12 replies Sat, 14 Feb 2015 19:39:00 GMT http://www.zillow.com/advice-thread/Should-I-carpet-or-put-wood-flooring-in-second-floor-bedrooms/575715/ 2015-02-14T19:39:00Z can i get a loan after modification http://www.zillow.com/advice-thread/can-i-get-a-loan-after-modification/388208/ hello,<br/><br/><br/>my loan was modified in early 2009 after i was 30 days late two months in a row. &nbsp;i was never in jeopardy of losing my house, but time were tough for a couple months. &nbsp;since then i have not been late on a payment, and recently started renting my house out and got married. &nbsp;we want to buy another house, and keep renting my old house, but i was told that i cannot get a loan because my credit history shows the statement "paying under modified loan". &nbsp;my financial situation is much better now. &nbsp;is it possible for me to qualify as the second person (with my wife) on a loan? Thanks<br \><br \>10 replies Thu, 24 Feb 2011 03:53:00 GMT http://www.zillow.com/advice-thread/can-i-get-a-loan-after-modification/388208/ 2011-02-24T03:53:00Z can i get a loan after modification http://www.zillow.com/advice-thread/can-i-get-a-loan-after-modification/388208/ hello,<br/><br/><br/>my loan was modified in early 2009 after i was 30 days late two months in a row. &nbsp;i was never in jeopardy of losing my house, but time were tough for a couple months. &nbsp;since then i have not been late on a payment, and recently started renting my house out and got married. &nbsp;we want to buy another house, and keep renting my old house, but i was told that i cannot get a loan because my credit history shows the statement "paying under modified loan". &nbsp;my financial situation is much better now. &nbsp;is it possible for me to qualify as the second person (with my wife) on a loan? Thanks<br \><br \>10 replies Thu, 24 Feb 2011 03:53:00 GMT http://www.zillow.com/advice-thread/can-i-get-a-loan-after-modification/388208/ 2011-02-24T03:53:00Z Will the change in my credit hurt my chances? http://www.zillow.com/advice-thread/Will-the-change-in-my-credit-hurt-my-chances/576190/ This is an odd situation, but I recently applied for a conventional mortgage through a credit union, and got a pre-approval from an underwriter. This was done with a credit report with no derogatory marks and a credit score just under 680. Since they first pulled my credit report, there has been a change in the past 3 weeks. A medical collection has appeared on my report, but my score jumped up almost 50 points from lower credit utilization. The LO thinks we have a very good chance at getting this loan due to it being pre-approved by an underwriter, but he is working off of the old credit report. Will the collection hurt my chances despite the large increase in my credit score?<br \><br \>2 replies Wed, 18 Feb 2015 20:04:00 GMT http://www.zillow.com/advice-thread/Will-the-change-in-my-credit-hurt-my-chances/576190/ 2015-02-18T20:04:00Z Will the change in my credit hurt my chances? http://www.zillow.com/advice-thread/Will-the-change-in-my-credit-hurt-my-chances/576190/ This is an odd situation, but I recently applied for a conventional mortgage through a credit union, and got a pre-approval from an underwriter. This was done with a credit report with no derogatory marks and a credit score just under 680. Since they first pulled my credit report, there has been a change in the past 3 weeks. A medical collection has appeared on my report, but my score jumped up almost 50 points from lower credit utilization. The LO thinks we have a very good chance at getting this loan due to it being pre-approved by an underwriter, but he is working off of the old credit report. Will the collection hurt my chances despite the large increase in my credit score?<br \><br \>2 replies Wed, 18 Feb 2015 20:04:00 GMT http://www.zillow.com/advice-thread/Will-the-change-in-my-credit-hurt-my-chances/576190/ 2015-02-18T20:04:00Z is 216 w main still in forecloser http://www.zillow.com/advice-thread/is-216-w-main-still-in-forecloser/575806/ 1 reply Sun, 15 Feb 2015 21:16:00 GMT http://www.zillow.com/advice-thread/is-216-w-main-still-in-forecloser/575806/ 2015-02-15T21:16:00Z is 216 w main still in forecloser http://www.zillow.com/advice-thread/is-216-w-main-still-in-forecloser/575806/ 1 reply Sun, 15 Feb 2015 21:16:00 GMT http://www.zillow.com/advice-thread/is-216-w-main-still-in-forecloser/575806/ 2015-02-15T21:16:00Z Lender pays UFMIP with higher rate OR lower rate and regular closing costs? http://www.zillow.com/advice-thread/Lender-pays-UFMIP-with-higher-rate-OR-lower-rate-and-regular-closing-costs/575973/ <p class="MsoNormal">Hello<br/>My lender is offering an interest rate of 3.99% on an FHA mortgage and then will pay the Up Front MIP and some of the closing costs as well. The other option was that the interest rate will be 3.5% on the FHA mortgage with closing costs of approximately $1560 (other than the UFMIP).</p><p class="MsoNormal">FYI, I plan on refinancing to a lower term (240 or 180 months after about 18 months).</p><p class="MsoNormal">Which option is better?</p><p class="MsoNormal">Thank you.</p><br \><br \>3 replies Tue, 17 Feb 2015 02:45:00 GMT http://www.zillow.com/advice-thread/Lender-pays-UFMIP-with-higher-rate-OR-lower-rate-and-regular-closing-costs/575973/ 2015-02-17T02:45:00Z Lender pays UFMIP with higher rate OR lower rate and regular closing costs? http://www.zillow.com/advice-thread/Lender-pays-UFMIP-with-higher-rate-OR-lower-rate-and-regular-closing-costs/575973/ <p class="MsoNormal">Hello<br/>My lender is offering an interest rate of 3.99% on an FHA mortgage and then will pay the Up Front MIP and some of the closing costs as well. The other option was that the interest rate will be 3.5% on the FHA mortgage with closing costs of approximately $1560 (other than the UFMIP).</p><p class="MsoNormal">FYI, I plan on refinancing to a lower term (240 or 180 months after about 18 months).</p><p class="MsoNormal">Which option is better?</p><p class="MsoNormal">Thank you.</p><br \><br \>3 replies Tue, 17 Feb 2015 02:45:00 GMT http://www.zillow.com/advice-thread/Lender-pays-UFMIP-with-higher-rate-OR-lower-rate-and-regular-closing-costs/575973/ 2015-02-17T02:45:00Z How do you get into an auction for home http://www.zillow.com/advice-thread/How-do-you-get-into-an-auction-for-home/575825/ how do you get into auctions<br \><br \>1 reply Sun, 15 Feb 2015 23:55:00 GMT http://www.zillow.com/advice-thread/How-do-you-get-into-an-auction-for-home/575825/ 2015-02-15T23:55:00Z How do you get into an auction for home http://www.zillow.com/advice-thread/How-do-you-get-into-an-auction-for-home/575825/ how do you get into auctions<br \><br \>1 reply Sun, 15 Feb 2015 23:55:00 GMT http://www.zillow.com/advice-thread/How-do-you-get-into-an-auction-for-home/575825/ 2015-02-15T23:55:00Z Can I bid on 2 homes at the same time in Indiana http://www.zillow.com/advice-thread/Can-I-bid-on-2-homes-at-the-same-time-in-Indiana/574747/ Want to bid on a foreclosure but do I need to be released from a previous bid first.<br \><br \>4 replies Fri, 06 Feb 2015 15:11:00 GMT http://www.zillow.com/advice-thread/Can-I-bid-on-2-homes-at-the-same-time-in-Indiana/574747/ 2015-02-06T15:11:00Z Can I bid on 2 homes at the same time in Indiana http://www.zillow.com/advice-thread/Can-I-bid-on-2-homes-at-the-same-time-in-Indiana/574747/ Want to bid on a foreclosure but do I need to be released from a previous bid first.<br \><br \>4 replies Fri, 06 Feb 2015 15:11:00 GMT http://www.zillow.com/advice-thread/Can-I-bid-on-2-homes-at-the-same-time-in-Indiana/574747/ 2015-02-06T15:11:00Z I looking at a Condo on Mores Lake in Noblesville, IN. I have heard bad about The Bluffs http://www.zillow.com/advice-thread/I-looking-at-a-Condo-on-Mores-Lake-in-Noblesville-IN-I-have-heard-bad-about-The-Bluffs/575517/ 1 reply Thu, 12 Feb 2015 22:41:00 GMT http://www.zillow.com/advice-thread/I-looking-at-a-Condo-on-Mores-Lake-in-Noblesville-IN-I-have-heard-bad-about-The-Bluffs/575517/ 2015-02-12T22:41:00Z I looking at a Condo on Mores Lake in Noblesville, IN. I have heard bad about The Bluffs http://www.zillow.com/advice-thread/I-looking-at-a-Condo-on-Mores-Lake-in-Noblesville-IN-I-have-heard-bad-about-The-Bluffs/575517/ 1 reply Thu, 12 Feb 2015 22:41:00 GMT http://www.zillow.com/advice-thread/I-looking-at-a-Condo-on-Mores-Lake-in-Noblesville-IN-I-have-heard-bad-about-The-Bluffs/575517/ 2015-02-12T22:41:00Z