buy santa cruz real estate: Why didn't the seller counter my offer?
- 03/01/18 08:41 AM
Jennifer, an agent from Florida, took the time to write a great explanation of the oh so many reasons a seller might not give a buyer a counter offer. I'll just add that here in the Santa Cruz mountains and anywhere near the Silicon Valley or the greater SF Bay Area, sellers may have received several good offers to consider. So if a buyers' terms or price are too far off the mark in comparison to the other offers received, some may feel there's no need to bother responding to every offer. One of the most often asked questions from my buyers … (3 comments)
buy santa cruz real estate: Great news for Santa Cruz home buyers using FHA loans + our nation
- 01/07/15 01:02 AM
I just read an article on Bloomberg today saying that President Obama plans to reduce the expensive mortgage insurance on FHA loans! The great thing about the FHA loan is that you as a buyer can buy a home with a very low down payment - as low as 3.5%. But the difficulty for some buyers has been affording the MI - shorthand for the mortgage insurance - required for some of these low down payment loans. MI added as much as 1.35% - quite a big cost added to buyers' monthly payments. These costs were designed to compensate for the … (3 comments)
Jennifer, an agent from Florida, took the time to write a great explanation of the oh so many reasons a seller might not give a buyer a counter offer. I'll just add that here in the Santa Cruz mountains and anywhere near the Silicon Valley or the greater SF Bay Area, sellers may have received several good offers to consider. So if a buyers' terms or price are too far off the mark in comparison to the other offers received, some may feel there's no need to bother responding to every offer.
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