With a Va home loan, can I look at "any" real estate on the market for sale (homes) ?

January 222011

I was told I could buy any home that I choose once approved with the VA Mortgage Co. I am working with. I have also been led to believe that this is not true, that there are VA listings and then "others." What’s the real deal?

Almost 100% of the homes for sale will be willing and able to sell to you with a VA loan. It does require a little extra cost of the seller- so they can turn it down, but they probably don’t. And the condition has to meet certain minimum requirements. Of course there is also a maximum that VA will lend.

Can you find homes for sale in Pittsburgh on Realtor.com?

January 202011

I am just curious… I have been trying for several days to find listings of homes for sale in Pittsburgh, PA, but the site says there are only 30 or so homes for sale. I know there are thousands. When I search other cities, the site is fine. I am not changing any search options. If you try to search for Pittsburgh, are you coming up with a small #, or the full list? Thanks.

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What does the fraction mean in an apartment rental listing?

January 132011

Example: "$750 / 3br – 5 1/2 for rent"
When browsing craigslist in my home city of Vancouver, I never see people do this, but when browsing listings for Montreal, most of them have fractions on the end like that. Sometimes it is typed as a decimal (5.5, 2.5, etc). I’ve determined that it is not describing the number of bedrooms or bathrooms. What does this number mean?

i’ts the number of room in the appartement. The bathroom is the .5 so example (1bedroom,living room,kitchen and bathroom) we will say a 3.5 for the same type with 2 bedroom it’s a 4.5 and the 3 bedroom is the 5 1/2

So many short sale properties in Capecoral florida. Does the banks really give them away at asking price?

January 42011

It seems to me that their are more short sale listings then regular listings. Does anyone know if they really go for what they are listed? Take for instance, a $45,000 home that is a short sale, yea i know it takes for ever and short sales are a pain but having so many of them and such a short market of buyers, do you think the odds of getting them for asking are in my favor? thanks

Most lenders, especially in states that don’t allow deficiency judgements, are not going to accept a drastically lower sales price. He house for sale for $45k may very well be worth…$45k. The thing is, banks have no incentive to agree to a short sale-they do not own the property so it is not sitting in their inventory so, if it takes the owner 1 year to find someone to sell it to for a reasonable amount-it is no skin off the mortgage company’s nose as long as the pay,ents are being made.

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