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| *The Commerce Journal>>>Renting & Real Estate |
When should I sell my house in Arizona? I don't need it anymore.? |
When should I sell my house in Arizona? I don't need it anymore.? If you are not living in Arizona contact a local realtor to inquire about market conditions talk to a few agents in the same area to insure an agent is not just trying to get your listing, ask him/her to give a free market anaylsis of your home to find its current value you can also go to sites like talia.com or zillow.com to find home values good luck... better do it quick you are losing money everyday you still own it. If you don't have to sell, I would just rent it out for a year or two. The market isn't real good right now, and you could stand to lose a great deal of value. |
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Because you have deed/title the property belongs to you legally. However, because the property is security for the mortgage loan, if it were to go into default you could lose the property. My sugg... Have you tried FHA for FHA loan. If you get pre-approved for FHA there is gift programs where the seller can contribute 6%thoworth down payment and closing coast. You just need to have a job for 24... You're smart to start this far ahead. Number one: take a long, hard look at your finances. Have you saved for a down payment (minimum of 3%; preferably 10%)? Closing costs (another 2-3%)... i think that the advice is sound and I also do think that the bank will lend you the money for a $405 house based on your income. especially since you have five more years to pay the $600 a month... Most counties will allow you to search property records online. You can search for "register of deeds" or "clerk of the court" and your county and probably find it. You can us... Yeah, we make around 1 to 2 percent on a first mortgage transaction. A little more on a 2nd mortgage. But the business stinks right now and closings are very hard to come by. Hey, it's the sea... No way... I make the same that you do, I work about the same... I have to pay rent, which is only $235 (because I have a roommate and we found a good deal!) I pay for electricity (about $60, usual... no i havent ... |
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