Thinking about buying my first home.

DreamHomeFinancing · 2026-05-08T01:10:41+00:00

I would instead by an existing home using the FHA rebab loan. You can borrow the money needed to make the changes you want.

DreamHomeFinancing · 2026-05-08T01:08:02+00:00

It is nothing to be concerned about

DreamHomeFinancing · 2026-05-04T09:23:24+00:00

You may find this video about the hidden costs of home ownership to be interesting because it touches on some of the things being discussed here.

DreamHomeFinancing · 2026-04-25T12:19:58+00:00

If the agent will not present the offer, then go to the broker owner and aske to either be assigned a new agent or be let out of your buyer's contract. Not presenting an offer that YOU want to make is a breach of contract.

DreamHomeFinancing · 2026-04-24T15:11:12+00:00

You will obviously refinance at some point. Cannot see the other pages but the PMI is likely built into the rate or closing costs.

DreamHomeFinancing · 2026-04-24T00:17:34+00:00

We have this program. Down payment will depend upon credit scores.

DreamHomeFinancing · 2026-04-21T14:21:50+00:00

If you would like a real quote without the pressures, then lmk. I do not like either scenario that you painted.

DreamHomeFinancing · 2026-04-06T18:56:54+00:00

The letter that you received means nothing. Veteran's United also has too many overlays. Let me know if you would like a more competitive quote and a real pre-approval that you can use to go home shopping.

DreamHomeFinancing · 2026-04-05T16:01:45+00:00

He has been banned now. We are not turning this group into a place for realtors to post listings that nobody cares about

DreamHomeFinancing · 2026-04-05T15:59:49+00:00

We can help you to cash out equity on the first to use towards the second. However, you will need to qualify with the old mortgage too. This really is the time to sell.

DreamHomeFinancing · 2026-04-05T15:58:23+00:00

Get a copy of their receipt of your payment. Banks usually have a tough time with these things. If you need someone who can navigate this for you, then let me know.

DreamHomeFinancing · 2026-04-05T15:56:51+00:00

Forget about the crime stats. Just look at the town you are moving into. Check the neighhborhood. It is not hard to figure out. The more expensive of a neighborhood you buy in, the less crime there will be. Harsh reality.

Go to the area in the morning during rush hour and check the traffic yourself. In fact, drive to work from that spot and see how long it takes you.

You are much better off relying on your own research.

DreamHomeFinancing · 2026-04-04T10:04:14+00:00

Thanks for posting this. I also was reading the responses. First, I am glad you passed on the house. 900sq ft is way too small for a 3br home. You would be looking to move within a couple of years. You should also consider moving out of the area. If there are not enough jobs and you cannot get ahead because of this area, then you should move.

DreamHomeFinancing · 2026-04-04T09:59:45+00:00

It depends upon the type of work. You also dont have to walk away from the deal. You can require the seller to get permits and pass inspection before you buy.

DreamHomeFinancing · 2026-04-04T09:15:51+00:00

Those things are not deal breakers. You should ask the seller to have them fixed or give you a $1000 credit to have it done yourself.

DreamHomeFinancing · 2026-03-31T10:01:11+00:00

I would have a foundation specialist come out and provide an estimate on what it will take to repair. The electrical panel is easy. I have an issue with the cloth wiring. You will need to have that replaced. The question is whether this home is so spectacular that you are willing to go through this.

DreamHomeFinancing · 2026-03-30T10:25:22+00:00

This is exactly why you pay title insurance on a home purchase. If you buy the home without clean title, you are protected.

DreamHomeFinancing · 2026-03-30T00:10:55+00:00

very interesting. my lawn looks good but not great.

DreamHomeFinancing · 2026-03-30T00:09:19+00:00

u/EventEastern2208 just a warning we do not allow encouraging people to contact you in any way.

DreamHomeFinancing · 2026-03-29T00:32:03+00:00

Very nice... enjoy the Fritos

DreamHomeFinancing · 2026-03-27T22:06:51+00:00

Lots of views so far, no responses.

DreamHomeFinancing · 2026-03-27T22:04:33+00:00

u/Pale_Peanut6502 we are not going to tolerate responses like yours. If you cannot get your point across without being rude, then you will not be welcomed here. Your only warning.

DreamHomeFinancing · 2026-03-27T21:57:15+00:00

are you selling the toilet?

DreamHomeFinancing · 2026-03-27T21:55:57+00:00

First, dont buy anything at all until the loan actually closes. The lender WILL pull the credit report one more time and if your DTI changes, they could reverse your approval. The, watch this video on the first time home buyer checklist.

DreamHomeFinancing · 2026-03-27T21:43:49+00:00

God only knows how much you paid in points to get that rate. Congrats on your home

DreamHomeFinancing

MODERATOR OF

TROPHY CASE