Zillow Advice RSS: Question-Discussion-Guide,Local Topics,TX http://www.zillow.com/advice/TX/local-topics/question-discussion-guide/mortgage/?s=0 Zillow Advice search results | Zillow Real Estate Why have Zestimates disappeared in Austin, Texas http://www.zillow.com/advice-thread/Why-have-Zestimates-disappeared-in-Austin-Texas/292355/ Mortgage.com has them. and the sales are to the day.<br \><br \>0 replies Sun, 22 Nov 2009 02:30:00 GMT http://www.zillow.com/advice-thread/Why-have-Zestimates-disappeared-in-Austin-Texas/292355/ 2009-11-22T02:30:00Z Fair market value vs County tax appraisal http://www.zillow.com/advice-thread/Fair-market-value-vs-County-tax-appraisal/570088/ That definitely sounds like an intricate legal question. If the city is suing the construction company, is anyone representing the owners? Is the city going after the builder and representing the unit owners interests? Have any of the unit owners talked to the city about the unit owners deposits that were paid to the builder, and if the city is looking to get the unit owners made whole or compensated in any way? Or if the building was completed and people took occupancy, and paid for their units entirely with cash and/or mortgages, the situation is even more serious. What does the "builder's risk insurance" cover? I think there needs to be a discussion with the city, and then the unit owners may want to get together and get a lawyer to represent their interests. The city may only be going after their own interests, which is for the building to not become a blight on the neighborhood, and to be properly and safely torn down, and replaced, if possible. As far as how you will be compensated, if you will be compensated, that question will be answered legally, not by County tax appraisal or fair market value. Lawyers and judges are going to determine how compensation will work in a situation like this. But maybe there won't be 100% compensation? I am guessing the builder does not have enough net worth to pay you fair market value for each unit, or county tax appraisal for each unit. Hopefully they have enough net worth to tear it down and replace it, and get the unit owners back in their homes. But where will you live in the interim? Will anyone compensate you for that? You'll have to keep paying your mortgage for now if you have one, until this is all worked out legally, I am sure of that. Have unit owners with mortgages talked to their lenders? Lots of issues. The units owners should band together and get a good lawyer ASAP, is my guess. Sorry for your bad news. Good luck.<br \><br \>0 replies Sun, 21 Dec 2014 15:18:00 GMT http://www.zillow.com/advice-thread/Fair-market-value-vs-County-tax-appraisal/570088/ 2014-12-21T15:18:00Z Can I reduce my house payment?.. http://www.zillow.com/advice-thread/Can-I-reduce-my-house-payment/185202/ Do you have equity?&Acirc;&nbsp;If so try to refi with the new low rates.If not maybe you can do a <a href="http://www.zillow.com/mortgage/">loan</a> modification.<br/><br/>Who is the current <a href="http://www.zillow.com/mortgage/">mortgage</a> with?<br/><br/><br/><br \><br \>0 replies Wed, 14 Jan 2009 02:11:00 GMT http://www.zillow.com/advice-thread/Can-I-reduce-my-house-payment/185202/ 2009-01-14T02:11:00Z Need help with locating a neighborhood in Houston http://www.zillow.com/advice-thread/Need-help-with-locating-a-neighborhood-in-Houston/530658/ <div>Are you shopping for a Home before you shop for a Mortgage? It may seem backwards to shop for a mortgage before you shop for the house, but there are several reasons for doing this. &nbsp;Primary reason to shop for a mortgage is to let you know exactly how much home a lender will allow you to purchase based on your income and debt to income ratio. The Lender and only a lender/ banker can give you an immediate "APPROVAL" for the amount you'd like to borrow. This means the lender has looked over your credit and financial statement and agreed to lend you the money. Sellers &amp; Agents like APPROVED buyers because there's less risk the deal won't go through.&nbsp;<br/><div>So before you go talking to Dick, Tom &amp; Mary Realtor only to be directed back to a lender for approval give me a call today&nbsp;[Promotion removed by Zillow moderator. See&nbsp;<u><a style="text-align: right;" rel="nofollow" title="Good Neighbor Policy" href="/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a></u>&nbsp; for posting guidelines.]<br/></div></div><br \><br \>0 replies Mon, 03 Mar 2014 03:57:00 GMT http://www.zillow.com/advice-thread/Need-help-with-locating-a-neighborhood-in-Houston/530658/ 2014-03-03T03:57:00Z For sellers? http://www.zillow.com/advice-thread/For-sellers/369379/ According to critics;<br/><br/><p class="MsoNormal"><strong>Sellers:</strong>&nbsp; If you're planning on selling your home, be prepared for an even smaller pool of qualified buyers. While some experts predict a settling of this credit crisis over the coming year, tightened credit guidelines and diminishing mortgage products could knock out as many as 15%-30% of potential qualified buyers. Now is not the time to sit and wait for the best possible price. Have a serious talk with your real estate agent. Having experienced buying/selling transactions in your area, he or she can help you price your home accordingly. He or she can also help ensure that your buyers are pre-approved and stay pre-approved throughout the entire transaction.</p><br \><br \>1 reply Sat, 09 Oct 2010 05:10:00 GMT http://www.zillow.com/advice-thread/For-sellers/369379/ 2010-10-09T05:10:00Z Can I reduce my house payment?.. http://www.zillow.com/advice-thread/Can-I-reduce-my-house-payment/185204/ Altima,<br/>Yes,..Depending on a few factors.<br/>Your Credit, in order to <a href="http://www.zillow.com/refinance/">refinance</a>, depending on what rate you have now.<br/>Your Balance compared to value.<br/>Or, if those are not obtainable, you can possibly modify with your current <a href="http://www.zillow.com/mortgage/">mortgage</a> company.<br/>[content removed by moderator for being self promotional]<br \><br \>0 replies Tue, 10 Feb 2009 18:58:00 GMT http://www.zillow.com/advice-thread/Can-I-reduce-my-house-payment/185204/ 2009-02-10T18:58:00Z Can I reduce my house payment?.. http://www.zillow.com/advice-thread/Can-I-reduce-my-house-payment/185205/ Talk with your <a href="http://www.zillow.com/mortgage/">mortgage</a> provider about <a href="http://www.zillow.com/refinance/">refinancing</a> to a lower <a href="http://www.zillow.com/Mortgage_Rates/">interest rate</a>. There may be some costs associated with refinancing. <br/><br/>If this is not possible, perhaps it is time to sell the house and rent or bring in a renter to help with the payments.&nbsp; <br/><br/><br/><br \><br \>0 replies Tue, 06 Jan 2009 22:18:00 GMT http://www.zillow.com/advice-thread/Can-I-reduce-my-house-payment/185205/ 2009-01-06T22:18:00Z Borrowers with less than perfect credit? http://www.zillow.com/advice-thread/Borrowers-with-less-than-perfect-credit/369381/ According to critics:<br/><br/><strong>Borrowers with less-than-perfect credit:</strong>&nbsp; Each week it seems lenders are shedding more and more mortgage products. Many lenders have stopped offering No-Doc loans and are reducing all forms of Stated-Income loans. While it might be challenging, borrowers with credit issues need to see a loan expert. Often they have credit repair resources and other strategies to help you reach your financial goals.<br \><br \>5 replies Sat, 09 Oct 2010 05:13:00 GMT http://www.zillow.com/advice-thread/Borrowers-with-less-than-perfect-credit/369381/ 2010-10-09T05:13:00Z Changes Ahead for Home Owners and Buyers http://www.zillow.com/advice-thread/Changes-Ahead-for-Home-Owners-and-Buyers/358839/ Maybe agents without a mortgage background should not be giving out mortgage advice. As far as it being time to buy, your listing&nbsp;<a href="http://www.zillow.com/homedetails/345-N-5th-St-Lindenhurst-NY-11757/32602974_zpid/">here</a>&nbsp;says otherwise. The price reductions have been pretty regular even during the buyers credit period so in the world would why it be time to buy now with the local market still falling?<br \><br \>0 replies Fri, 23 Jul 2010 18:10:00 GMT http://www.zillow.com/advice-thread/Changes-Ahead-for-Home-Owners-and-Buyers/358839/ 2010-07-23T18:10:00Z yes i would like to know how much is owned on 2329 nannette ave. the resting balance. http://www.zillow.com/advice-thread/yes-i-would-like-to-know-how-much-is-owned-on-2329-nannette-ave-the-resting-balance/321001/ No website that I know of has that information. You can contact the local recorder's office to see what the original <a href="http://www.zillow.com/mortgage/">mortgage</a> amount is or you can contact a local title company and pay for a preliminary title report that may show other liens, but that's about it.<br \><br \>0 replies Tue, 02 Feb 2010 17:43:00 GMT http://www.zillow.com/advice-thread/yes-i-would-like-to-know-how-much-is-owned-on-2329-nannette-ave-the-resting-balance/321001/ 2010-02-02T17:43:00Z Foreclosures http://www.zillow.com/advice-thread/Foreclosures/6181/ As you have seen or heard Foreclosures are at all time high because of the Housing downturn and the <a href="http://www.zillow.com/mortgage/">loans</a> that the <a href="http://www.zillow.com/directory/lenders/">mortgage companies</a> wrote in the last 5 years. I am a Real Estate agent, but I was also personally touched by this crises. I had two homes that I had to short sale to avoid foreclosure. If you are not familiar with a short sale or a pre-foreclosure I will give you some insight. When you are late on your mortgage payments you can actually negotiate with the bank you sell your home for less that what you owe on it to avoid foreclosure. This is one alternative to walk away not owing anyone and not devastating your credit. Your credit will take twice the hit on a foreclosure and it will be twice as long before you can buy a new home. There are some other alternative that can usually be negotiated with the <a href="http://www.zillow.com/directory/lenders/">mortgage company</a> if you are wanting to try to stay in the home. Because of the downturn in the market and my personal experience I have become very good at negotiating with these mortgage companies and would love to help you or your family and friends that are in trouble. Please feel free to contact me at soldbyreno@sbcglobal.net. I am a Full time Real Estate agent and not an investor. Because of the wide spread problems you must be cautious of companies that say they can help you for a fee or in the transfer of your deed to them. My service are 100% free to you. I will negotiate my fees from the bank on a sale and I will never charge you or ask you to transfer your deed. Please let me know if I can be of assistance.<br/><br/>Thank you <br/><br/>Sean Reno<br \><br \>1 reply Thu, 13 Sep 2007 17:10:00 GMT http://www.zillow.com/advice-thread/Foreclosures/6181/ 2007-09-13T17:10:00Z Foreclosures http://www.zillow.com/advice-thread/Foreclosures/6182/ As you have seen or heard Foreclosures are at all time high because of the Housing downturn and the <a href="http://www.zillow.com/mortgage/">loans</a> that the <a href="http://www.zillow.com/directory/lenders/">mortgage companies</a> wrote in the last 5 years. I am a Real Estate agent, but I was also personally touched by this crises. I had two homes that I had to short sale to avoid foreclosure. If you are not familiar with a short sale or a pre-foreclosure I will give you some insight. When you are late on your mortgage payments you can actually negotiate with the bank you sell your home for less that what you owe on it to avoid foreclosure. This is one alternative to walk away not owing anyone and not devastating your credit. Your credit will take twice the hit on a foreclosure and it will be twice as long before you can buy a new home. There are some other alternative that can usually be negotiated with the <a href="http://www.zillow.com/directory/lenders/">mortgage company</a> if you are wanting to try to stay in the home. Because of the downturn in the market and my personal experience I have become very good at negotiating with these mortgage companies and would love to help you or your family and friends that are in trouble. Please feel free to contact me at soldbyreno@sbcglobal.net. I am a Full time Real Estate agent and not an investor. Because of the wide spread problems you must be cautious of companies that say they can help you for a fee or in the transfer of your deed to them. My service are 100% free to you. I will negotiate my fees from the bank on a sale and I will never charge you or ask you to transfer your deed. Please let me know if I can be of assistance.<br/><br/>Thank you <br/><br/>Sean Reno<br \><br \>0 replies Thu, 13 Sep 2007 17:10:00 GMT http://www.zillow.com/advice-thread/Foreclosures/6182/ 2007-09-13T17:10:00Z Foreclosures http://www.zillow.com/advice-thread/Foreclosures/6183/ As you have seen or heard Foreclosures are at all time high because of the Housing downturn and the <a href="http://www.zillow.com/mortgage/">loans</a> that the <a href="http://www.zillow.com/directory/lenders/">mortgage companies</a> wrote in the last 5 years. I am a Real Estate agent, but I was also personally touched by this crises. I had two homes that I had to short sale to avoid foreclosure. If you are not familiar with a short sale or a pre-foreclosure I will give you some insight. When you are late on your mortgage payments you can actually negotiate with the bank you sell your home for less that what you owe on it to avoid foreclosure. This is one alternative to walk away not owing anyone and not devastating your credit. Your credit will take twice the hit on a foreclosure and it will be twice as long before you can buy a new home. There are some other alternative that can usually be negotiated with the <a href="http://www.zillow.com/directory/lenders/">mortgage company</a> if you are wanting to try to stay in the home. Because of the downturn in the market and my personal experience. Because of the wide spread problems you must be cautious of companies that say they can help you for a fee or in the transfer of your deed to them.<br/><br/>[some content removed by moderator for solicitation] <br/><br/>Thank you <br/><br/>Sean Reno<br \><br \>1 reply Thu, 13 Sep 2007 17:11:00 GMT http://www.zillow.com/advice-thread/Foreclosures/6183/ 2007-09-13T17:11:00Z Where to buy in Houston, affordable and close to med center. http://www.zillow.com/advice-thread/Where-to-buy-in-Houston-affordable-and-close-to-med-center/207751/ I just did a <a href="http://www.zillow.com/mortgage/">mortgage</a> in harris county. the house was on kimberly lane, 77024. It was the only area that wasn't declining.<br/>supposedly a home on the same street was getting ready to go on the market, too.<br \><br \>0 replies Sun, 22 Nov 2009 02:38:00 GMT http://www.zillow.com/advice-thread/Where-to-buy-in-Houston-affordable-and-close-to-med-center/207751/ 2009-11-22T02:38:00Z Should I rebuild on my lot or buy a new house? http://www.zillow.com/advice-thread/Should-I-rebuild-on-my-lot-or-buy-a-new-house/505613/ Well, is your lot just a lot? Or did a house burn down?&nbsp;Or does your home just need renovation? Can you be approved for a new mortgage or renovation loan? More info is needed to answer your question. Best of luck!<br \><br \>0 replies Wed, 07 Aug 2013 03:23:00 GMT http://www.zillow.com/advice-thread/Should-I-rebuild-on-my-lot-or-buy-a-new-house/505613/ 2013-08-07T03:23:00Z