In the state of Texas, buyer and seller pay their own costs, unless otherwise specified in earnest money contract.
Please go speak with your bank now and come up with a solution that best suits your financial needs.If you should decide to do a loan modification, your credit will take a terrible decline and you wont be able to purchase for at least 4 years. Not to mention, anything else you might need to purchase will be at a higher interest rate.There are other alternatives! Good Luck!
The appraiser will determine if the home is suitable for a loan. The age of a property is not the issue, its the worth of the residence.
Check with a reputable mortgage broker.....
There are many factors that go into a short sales. The bank has total control and if you think it is taking too long or if you have found another home, withdraw your offer and move on!
Wow...I don't have a clue!
There are 3 reasons a house doesn't sell. Price, Terms and Condition.Don't try to play catch up in the market, price the home ahead of the competition and sell it.If the feet are coming and the pocket book isn't opening, then you know it is a pricing issue.
Thats awesome news!
Never heard this type of stipulation from a listing agent. Do not make an offer until you have that sellers disclosure!
I am sure your not the only one with this type of issue. Make all of the necessary repairs and disclose, disclose and then disclose again. It will make your buyer feel more comfortable with the situation at hand.Good Luck!