Profile picture for Ron Tanzman

Ron Tanzman's Advice

Contributions are sorted newest to oldest.

  • 8 Contributions
  • 0 Best Answers
  • 3 Helpful

Ron Tanzman wrote:

How many for sale homes that have sitting on the market could be leased with options?

Answer
Well... I dont think that your calculations are accurate.  Yes you paid 2000 a month for 24 months and that was a payment to live in a home so wether you rented or purchased you would have still hd to pay something...probably the same or similar amount, therefore you would not have had this as a down payment.  Please know that this is not important because you cant change the past  only the future...therefore, if you are having difficulty gettting a large down payment, do a FHA loan wiht 3.5 percent down and call it a day.  The rates are so low that your payment of 2000 a month would buy approximately 300,000 worth of home with only a 10,500 down payment!  Best Wishes
December 04 2012
(0)

Can a bankruptcy stop my purchase of a home?

Answer
A bankruptcy automatically puts a "Stay" on pretty much all of your finaincial obligations as well as warns future creditors of your current situation.  If you are in a situation where you have to file bankruptcy I would suggest to complete you bankruptcy, obtain the discharge and then consider purchasing a home.  The court would probably not allow you tpurhcase a home simultaineously while you are filing and continuing with an active bankruptcy.  Remember Bankruptcy is about the discharge of debt and not the CREATION of new debt.  Best Wishes.
December 04 2012
(0)

Is there a price advantage in buying short-sale or foreclosed or bank owned properties?

Answer
There are many price advantages to purchase foreclosure and short sale properties but make sure you work with an agent familiar with all of the ins' and outs' of these types of purchase transactions.  Ultimately, you can save thousands but it will depend on the home, condition and motivation of the seller, short sale lender and or REO bank.   There are some ways to negotiate with them and produce good results and this is where a properly experienced professional can guide you! 
December 04 2012
(0)

Broker who can find Flip properties

Answer
I am looking to buy houses in the Southern California area that are under market value up to 3 million dollars.  Anyone have any properies that would work?
December 04 2012
(2)

I tried to repost my ad on craigslist, cl blocked it,saying that the term postlets.com is not allow

Answer
This had to do with a contract dispute with CL and Postlets... CL wishes to have their format very basic "dos" like.  However, it should work now.
December 04 2012
(0)

If a listing is offering a $1000 selling agent bonus is the broker entitled to 1/2 of it?

Answer
It depends upon what your agent broker compensation agreement specifies.  Generally speaking, the broker will receive a percentage (what you agreed to pay in your compensation agreement) of the total commission regardless of how it is tallied.Ron Tanzman
March 23 2012
(0)

Is the last week in December the best time to refinance a home mortgage loan?

Answer
The best time to refinance is when you believe (based on credible information) that the interest rate is at its' lowest for a predetermined lenght of time.  So if you believe the rate will not jump before the next few months then jump on the refinance. :)
November 29 2010
(0)

If I sell my home at a loss, can I roll the balance into the new home loan mortgage?

Answer
No you may not unless the new lender will allow this but it is certainly not common practice.  However, you may possibly be able to receive a tax beneft from the loss of your fist home.
November 29 2010
(1)