The previous answer was great. Your about $700 into this deal already with the inspection and appriasal and your interest rate lock would probably expire by the time you found a new property and closed on it. The new rate might be higher, which would costs you hundreds or thousands more over the life of the loan. I would take the 50/50 deal and be done with it.
ProsThey can send you rental listings so you don't have to spend hours searching the internet yourselfThey can let you into homes that are listed on the MLSThey can negotiate rental rates for youThey can submit the contract paperwork for youIt doesn't cost you anythingConsNone that I can think of
I have several rental properties and find that it is the easiest way to make your money grow. Here in Arizona, for example, you can buy a home in a Phoenix suburb for that price and generate $1,100 to $1,200 in rental income each month. A professional property management company will charge you about $100 or 10% to manage it for you. Easy money. Good luck!
I think you have been patient enough. Even if you do get a response whose to say things are going to go smoothly from here on out. It is obvious this realtor does not care that much about you so why would you keep giving this person more chances?
In my area the average number of homes a buyer sees before making a decision is 11. Some buyers know what they want going in and others feel they have to see every home on the market before they can make a decision.
Barry and Josh are correct. I would also ask for 3-4 references too.
2 years of steady employment is usually the norm. I would start the preapproval process about 2-4 months before you start looking for a home in case you have issues qualifying or getting a good rate.
It is quite a stretch to think they will accept an offer of around half the list price! Especially in this market. Low ball offers generally waste everyone's time.
is this a statement or a question?
USDA (rural housing) is 3 years