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yes i plan to LIVE in it for 10yrs give or take..1st house, least we get our foot in the door, then when time comes we can move on to hopefully a place and house we really want.....
is it possible for any of you to go over the section on the top, showing purchase price and all that, and FUNDS NEEDED TO CLOSE......if seller accepts 105K AND to pay 6% seller assist, we go FHA at 3.5% down OF THAT 105K, right? 105,000x 3.5%=3675 that we have to put down, so we basically are financing a 101,325 mortg? and our rate is 5% 30 yr fixed.... where it says funds needed to close, 7905.97.... what, of that amount, am I TO PAY at closing??? IF seller agrees to pay closing costs, 6300??? hope this question makes sense.........
walked thru the house again and looked at each room closely and decided this house needs WAY more work then what i would have to update it.. 60yr old and ALL is truly original...nothing was updated except electrical box...that was great but no outlets in the house to accomodate that good power....gutted kitchen and bath plus settlement cracks fixing and all new windows and doors and who knows what else.....sooo off to keep looking....there is TLC/fixer uppers and there is huge rehab job....estates sale too, asking 120 in that shape they shouldve listed at 80 ....
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