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Got the mortgage straightened out

The last post in this topic was posted 5241 days ago. 

 

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I finally got the judgment issues ironed out. I went to Wachovia, whom I bank with and they didn't hassle me a bit. I was offered a 6.759% 30 year fixed, and I am putting down 3%. The house is listed for $149,000.00 and in pretty decent shape. I offered $143,000.00 with the stipulation that the seller pay $5000 in closing costs. I have yet to here from the seller, but I just put the bid in this morning. Do you all think the asking price that I have given is reasonable, considering asking for them to pay closing? The houses in this community have sold for around $139,000.

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I finally got the judgment issues ironed out. I went to Wachovia, whom I bank with and they didn't hassle me a bit. I was offered a 6.759% 30 year fixed, and I am putting down 3%. The house is listed for $149,000.00 and in pretty decent shape. I offered $143,000.00 with the stipulation that the seller pay $5000 in closing costs. I have yet to here from the seller, but I just put the bid in this morning. Do you all think the asking price that I have given is reasonable, considering asking for them to pay closing? The houses in this community have sold for around $139,000. This may be an indication that the appraiser might not be able to find comparative properties to justify the price. Appraisals are used to provide the lender with an indiciation of what the property would sell for. If all the other properties are selling for less than your offer price, then there would have to be something different about this property to justify the higher price.

 

 

fla-tan

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