February 12, 2015 Condo – 2nd Home Loan (0) What are the current rates in Selbyville DE; if purchasing a $375,000 condo (it would be a second home and not used as a rental property), what is the minimum amount required for down payment? Does is remain at 20%? Approximately, what amount of cash would be needed at settlement?
July 11, 2012 Cash reserves (1) I am applying for a mortgage on a condoin DC, have excellent credit and income, plus am putting 20 percent down. I\'m looking for a lender who doesn\'t require additional cash reserves. I\'ve already pulled together $72,000 for downpayment and closing costs. Now bqnk is asking for an additional $16,000 and we need to close by end of month.
April 4, 2013 Manufactured Homes (1) If someone owns land and wants to affixed a manufacture Home into this land, will they have to pay the full consideration (Meaning the land and Manufactured Home) state transfer tax, county transfer tax and the recordation tax? This would be in Maryland.
Example: Land was purchased at $50k (with taxes already paid for) and manufactured […]