Robert C. Sampson's Q&A

Paul, call or email me directly and I will be happy to send you listings straight from the Multiple Listing Service and or answer any questions you might have.Rob

Usually, it means that the Seller and/or Seller's agent believes that financing cannot be obtained on the subject property because of it's distressed condition, ie. missing plumbing, leaking roof, etc.   The simple answer is that they are wrong.  Financing is always available to those with acceptable credit and there are relatively common programs available from virtually all of the larger banks that are tailored specifically for purchases of this type.  The most notable one is called a  FHA 203K or rehab loan.   Be wary as few real estate professionals are familiar with the needs and requirements of a buyer involved in such a transaction and few mortgage lenders despite having access to these programs know the ins and outs to make things work.Ask both the agent and mortgage lender you are working with straight out how well versed they are with 203K type loans and if they don't seem up on the subject, I would move on.  There are agents and lenders who know these products well and you will be doing yourself a great service to seek them out.

I'm pretty sure the value that zillow uses is based on the sales history for the complex. However, I would agree as I just looked it up and there have been only 2 sales in the last year for 2 bedroom units at Pine Lake and both sold for 115K. I have a friend that has a 1 bedroom unit and those are going for just under 100K. These units are one of the few things around to still be holding their value. I know the condo fees recently went up however. Of course, I am happy to answer any other questions you might have so please don't hesitate to call or email me. When and if you need a REALTOR, please keep me in mind.Rob Sampson from Realty Executives Visionwww.rexrob.comAll my contact info is here or at my website.

$264 per month for a 2 bedroom but thats really not bad seeing how it includes heat and hot water. Over the summer, there were quite a few of these available. I just looked and right now there are no active listings. If you are interested in one, please contact me and I will let you know if any come on the market. Of course, I am happy to answer any other questions you might have. Rob Sampson from Realty Executives Visionwww.rexrob.comAll my contact info is here or at my website.

$264 per month for a 2 bedroom but thats really not bad seeing how it includes heat and hot water. Over the summer, there were quite a few of these available. I just looked and right now there are no active listings. If you are interested in one, please contact me and I will let you know if any come on the market. Of course, I am happy to answer any other questions you might have. Rob Sampson from Realty Executives Visionwww.rexrob.comAll my contact info is here or at my website.

It appears to be on deposit and from what I know, this home has structural issues. Feel free to call or email me and I will tell you what I can. Rob Sampson from Realty Executives Vision in Unionville. Visit my website at www.rexrob.com. All my contact info is there.