Real Estate Law

Have real estate law questions? Ask a real estate lawyer.

Ask a Lawyer,
Get an Answer ASAP!

This answer was rated:

Im looking for a property to live in. And im looking for an…

Im looking for a property...
Im looking for a property to live in. And im looking for an FHA loan to reduce cost of a down payment. What are the steps I should take? Should I go through a broker? Agent?
Show More
Show Less
Ask Your Own Real Estate Law Question
Answered in 1 minute by:
9/21/2017
RealEstateAnswer
Category: Real Estate Law
Satisfied Customers: 31,941
Experience: 10+ years in handling Leases, Landlord-Tenant, Foreclosures,Mortgages, and Eviction cases
Verified

Hi! I will be the professional that will be helping you today. I look forward to providing you with information to help with your question and concern

Ask Your Own Real Estate Law Question

Good morning. Yes, you should start by speaking with a mortgage broker and finding one who handles and deals with FHA loans. You want to see what you are pre qualified for, so you know what price range to look in. In addition, you want to use a realtor, to help you locate and find properties, in your desired area and price range an that WILL accept FHA financing. Some buyers will only want conventional loans or VA loans, so you just want to make sure a FHA loan will not be an issue.

Ask Your Own Real Estate Law Question
Customer reply replied 9 months ago
Hi, thanks for the response.Should I go through the agent thats representing the property for sale first? Or should I hire a mortgage broker to find a property for me and broker a deal?

The mortgage broker will only be involved with the financing / FHA loan. You want to hire a realtor, to find you the home. If there is a property which you like and see is for sale, you can contact the listing agent and speak with them. They would likely be willing to represent you and the seller.

Ask Your Own Real Estate Law Question
Customer reply replied 9 months ago
Ok, is there any service, or freelancers I should avoid?

I think you need to speak with a few brokers and see which one you feel the most comfortable with. Ask them what their fees are and the process to obtain a FHA loan and select which one you feel is best. Moreover, when you speak with the realtor, as them if they have any in house companies they work with, to help. Often times, they work with one or two brokers all the time, who can get the deal done.

RealEstateAnswer
Category: Real Estate Law
Satisfied Customers: 31,941
Experience: 10+ years in handling Leases, Landlord-Tenant, Foreclosures,Mortgages, and Eviction cases
Verified
RealEstateAnswer and 87 other Real Estate Law Specialists are ready to help you
Ask your own question now
Customer reply replied 9 months ago
ok thank you.
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a real estate lawyerLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask RealEstateAnswer Your Own Question
RealEstateAnswer
RealEstateAnswer
RealEstateAnswer, Lawyer
Category: Real Estate Law
Satisfied Customers: 31,941
31,941 Satisfied Customers
Experience: 10+ years in handling Leases, Landlord-Tenant, Foreclosures,Mortgages, and Eviction cases

RealEstateAnswer is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Barrister

Barrister

Lawyer

11,960 satisfied customers

17 years real estate, Realtor. Landlord 26 years

Infolawyer

Infolawyer

Lawyer

8,251 satisfied customers

Experienced lawyer

Ray

Ray

Lawyer

8,096 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,208 satisfied customers

I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Dimitry Esquire

Dimitry Esquire

Attorney

5,526 satisfied customers

JA Mentor, multiple jurisdictions, specialize in business/contract disputes, estate creation & admin

Ely

Ely

Counselor at Law

4,998 satisfied customers

Qualified attorney in private practice including business, family, criminal, and real estate issues.

P. Simmons

P. Simmons

Lawyer

3,540 satisfied customers

12+ yrs. of experience including real estate law.

< Previous | Next >

Related Real Estate Law Questions
I am in the process of closing on a FHA Streamline Refinance
Good morning, I am in the process of closing on a FHA Streamline Refinance for my primary home. However, the initial offer the broker offered (to earn my business) is not the same as what is shown on … read more
RealEstateAnswer
RealEstateAnswer
Lawyer
31,941 satisfied customers
My parents have asked us to “assume” their FHA loan on their
My parents have asked us to “assume” their FHA loan on their townhouse, transfer the deed, etc. and they become our tenants and pay us rent. … read more
RealEstateAnswer
RealEstateAnswer
Lawyer
31,941 satisfied customers
Can a condo HOA deny Reverse Mortgage docs for qualified
Can a condo HOA deny Reverse Mortgage docs for qualified unit owners? … read more
Attyadvisor
Attyadvisor
Doctoral Degree
8,047 satisfied customers
Real estate mortgages, I got a mortgage with an adj rate its
real estate mortgages , I got a mortgage with an adj rate its the 1 year libor plus 2.25 percent, is this ok or would the treasury index been better ?… read more
Lori
Lori
Juris Doctor
1,574 satisfied customers
On the mortgage or deed but have been paying the mortgage
my name is ***** ***** the mortgage or deed but have been paying the mortgage frm sept.2015 -apr,2018 I don't have I know legal rights but I still want to know if there is anyway that can protect me … read more
Attyadvisor
Attyadvisor
Doctoral Degree
8,047 satisfied customers
I recently contacted a mortgage company to do a FHA
Hi, I recently contacted a mortgage company to do a FHA streamline refinance. I spoke with a loan officer and gathered the documentation that he requested. He called back a few days later to let me kn… read more
Law Educator, Esq.
Law Educator, Esq.
Attorney At Law
Doctoral Degree
244 satisfied customers
MORTGAGE QUESTION: When mortgage lenders make loans to
MORTGAGE QUESTION: When mortgage lenders make loans to individuals to purchase a condominium/home where there is a Condominium Association / Home Owners Association (HOA), do they typically require be… read more
Lori
Lori
Juris Doctor
1,574 satisfied customers
My home was in foreclosure, but I worked with the mortgage
My home was in foreclosure, but I worked with the mortgage company's attorneys and I received documentation with reinstatement figures. I also received directions on how to pay and where to send the f… read more
Michael Bradley
Michael Bradley
JD
1,430 satisfied customers
Seller lied about an encroachment on an FHA insured loan and
Seller lied about an encroachment on an FHA insured loan and home could not be resold , mortgage fraud? … read more
DamienJD
DamienJD
Attorney
Doctoral Degree
4,818 satisfied customers
I need an answer from a mortgage underwriter! My fiance and
I need an answer from a mortgage underwriter!My fiance and I are in Texas, and we're trying to buy a house on an FHA loan. I have a ginormous student loan (over $200,000) and am on and IBR (income-bas… read more
Attyadvisor
Attyadvisor
Doctoral Degree
8,047 satisfied customers
We bought a home in Maine, it was FHA approved even though
We bought a home in Maine, it was FHA approved even though there was an ice heave in the basement. We have State Farm Insurance, and we are just over 2 years into living here, never missed a mortgage … read more
Irwin Law
Irwin Law
Juris Doctor JD
7,170 satisfied customers
We bought a house in February 2017 using an FHA loan. We'd
We bought a house in February 2017 using an FHA loan. We'd like to turn the property over to a property management agency and move closer to where both myself and my wife work.Is there a timeline or a… read more
LegalGems
LegalGems
Juris Doctorate
12,269 satisfied customers
We just purchased a home, using an FHA loan it closed on
We just purchased a home, using an FHA loan it closed on October 30, 2017. The required repairs for the home included replacing some of the rough cut lumber siding and sealing the siding on the entire… read more
RealEstateAnswer
RealEstateAnswer
Lawyer
31,941 satisfied customers
Real estate question. NC. Mortgage. Need to know if fha pr
need to know if fha pr va loans will allow for spring water instead of well… read more
N.Brown ESQ
N.Brown ESQ
Juris Doctorate
137 satisfied customers
I would like to remove my name from my FHA loan property.
I would like to remove my name from my FHA loan property … read more
RealEstateAnswer
RealEstateAnswer
Lawyer
31,941 satisfied customers
If a person who has a 580 credit score qualifies for and FHA
If a person who has a 580 credit score qualifies for and FHA loan. And only has to put down 3 or 3.5% for a down payment on say, a $200,000 home. Do they pay the same interest rate or higher interest … read more
Ray
Ray
Lawyer
Doctoral Degree
8,096 satisfied customers
The condo board want approve the building for fha sales or
The condo board want approve the building for fha sales or reverse mortgage. What can we do? … read more
Infolawyer
Infolawyer
Lawyer
Doctoral Degree
8,251 satisfied customers
FHA loan requires 3 months history of child support
FHA loan requires 3 months history of child support payments. Does this mean at the time my ex writes the 3rd check I can close after that date or wait a month after that 3rd check clears? Need to fig… read more
LawTalk
LawTalk
Attorney
Juris Doctor
6,208 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x