 |
|
|
ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
|
Nesgroup address: misc.invest.real-estate - Date & Time for the message: 2 Nov 2005 06:00:52 -0800
/ Author of the message: johnalligood@sbcglobal.net |
Title of the message: |
TX mortage lenders sceptical of renovated home FMV?
|
Text of the message: |
I am considering buying distressed single family homes in TX for renovation and resale. A family member (mortgage broker) in NC sent me the following caveat: The foreclosure buy, fix up and flip scenario is very common around here, from a lenders' perspective in NC however, they are very hard to get loans on for the prospective buyers (once you are ready to resale). Lenders feel that the improved value is questionable and difficult to establish. Most of the time don't want to lend dollar for dollar the cost of your improvement. We have had so much fraud in that area of Real Estate, appraisers, contractors, brokers, etc. coercing figures and information to lenders, so the lenders are understandably cautious. Does anyone have an experience where Austin, Texas lenders were reluctant or unwilling to lend up to the improved value? . |
<Rentals>
<House Exchanging>
<Frequently Asked Questions>
<Add Article>
<Help>
<Terms & Conditions>
<Guestbook>
<Prices>
<Tips on writing your listing>
<Real Estate Forums>
<News>
<Press Room>
<Success Stories>
<Estaplace.com History>
<Webmaster's Tools>
<Copyright>
<About Our Team>
<Search Real Estate Agents>
<E-Mail Us>
|
[ USA -> CHICAGO - 05/May/2025 09:15:55 ]
We have 24805 properties listed. Yesterday traffic on Estaplace Real Estate was: 8488
unique visitors with 428675 page views. To view more statistics about
Estaplace Real Estate, click here.
|
Estaplace.com is a worldwide and international real estate directory, with thousands
of real estate listings, divided into countries and regions. All material, the structure, and the layout on this site
are © Copyright of Estaplace.com by Ceglia Giovanni located in Trento N. 74 Pal. I Street in Pagani(Salerno) - Italy.
Italian Business Code: Partita IVA N. IT03972320653, registered in the "Camera di Commercio" of Salerno.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.
Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.