 Do I have to have pre-approval letter just to see the property? |
I'm planing to buy a property so I got a realtor who said that he has a few properties but would not show them to me unless I have a pre-approval letter. Is this normal? Is this a must?
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 I recently bought a house and was disappointed to find out I paid exactly the appraised value of the house.? |
| Is this unusual? I thought in this market I would be paying less but that was not the case. My coworker said I should have bought the house and already had equity in it. IS that true? Don't get ... |
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 Why is it that 96% all mortgages are still being paid on time? |
| Yet America hating liberals focus only on the 4% of scumbags that should have never qualified for a mortgage in the first place?!... |
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 My tenant wants to break the lease and move out immediately. as a land lord, what should i do? |
| she says that her mother has cancer and she has to move to Texas to take care of her. she says that she got fired from her job. there is no money to pay rent next month.... |
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 Apt rental agreement question with a faulty appliance? |
| I have just gotten a new 1-bedroom apt and it came with a refrigerator. most of the apts though in this bldg and managment company DO NOT come with a refrigerator and so i noticed there was one when ... |
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 How much am I entiled to? |
| My ex and I bought a house together a year ago. It is financed in her name alone, but both of us are listed on the deed. She broke up with my four months ago and we are in the process of sorting ... |
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 Father-in-law possibly buying house across the street? |
| my father-in-law and his girlfreind are looking into buying the house that's up for sale right across the street from my husband and I. My husband wants him to buy that house, however I'm ... |
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 Am muslim lady came to london from abroad for treatment looking for stadio flat to rent for 6weeks close to? |
| regent mosque, ready to pay 150 per week maxi, please may allah reward you can you help please reply yes or no. ... |
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 The house I'm buying isn't worth the price offered...? |
| the appraiser said it wasn't worth the price. it's about 50,000 less than what we offered. the sellers don't owe anything on it, but i'm worried they won't negotiate with ... |
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 Is this a good time to buy house / condo in Conneticut? |
| or are the prices expected to still come down? Do you think prices of Condos and townhouses will coem down, too?... |
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 Is It ok to Tag Along With a House Inspector While He/She Is Inspecting Your Future House? |
Buying a house and need an inspection. (Cincinnati, Ohio) A friend said that their house inspector did not want them to be there because he might get distracted.
Is that the norm.? Or ... |
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 A subprime borrower preparing for refinance? |
| When I bought my house a year ago I was a subprime borrower. I have a mortgage through Option One a known predatory lender. However I have made all my payments on time and havnt had one problem. In ... |
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 How much rent should this family pay? |
How much rent should this family of 7 pay?
Here's the family:
- A couple in their early 40s
- 4 kids (aged 4 - 13)
- 1 baby (5 months)
They're ... |
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 Want to put in a back up offer on a house that is pending sale now? |
| We found a house that we like, but someone else put an offer on it last week (almost 2 weeks ago) Is it too late for us to put up a back up offer?... |
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 Should i withdraw money from my 401k for closong costs? |
i need to come up with $4500 for closing costs and my only resource is my 401k. is it wise to do this and just deal with the penalties and fees that come along with it?
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ariesalways411 | After closing on a house - Is it mine? |
Buying a HUD home, Closing to tomorrow...After I sign..Legally I can go ahead and go in, right? or do I need to wait a day? |
 |
 
Charlie S
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It is yours when you sign the paper, make sure you got a lawyer that knows what you get into and make him or her explain the contract, HUD contract is difficult to get out off. For the first five years you will pay all interest and very little principle, look at the final cost and you will be surprise how much the total cost will be. They call owning a house "American Dream" I called it an American nightmare. I hope I did not cause any problem, good luck and congratulation. |
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AllCourt
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Ask at closing. In Maryland, once the deed is signed, the property is yours. That's why people buy title insurance, because someone could have an unrecorded deed in a safe deposit box and show up one day claiming an interest.
And...some contracts could have a delayed right of possession - not typically, but I bought my first house with the owners needing to "rent back" from me for a month while they finished moving to their new house. |
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Classy Granny
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When I closed on my home I was given the keys that day and started moving in that afternoon |
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src50
 |
Once closing occurs, it is yours. The lender is a lienholder. |
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bcnu
 |
It depends on whether the house has any tenants holding over from the previous owner, but otherwise the house is legally yours (and yours to enter) the moment the signed deed is delivered to you, your agent or your attorney, regardless of whether it is ever recorded in the registry or assessor's office. As between you and the seller, you now own it, thus "closing" the deal.
I typically go in, check the system settings (heat, hot water, etc), remove the broker's signs from the front yard, set up whatever security I need (change the locks,lights on timers, new alarm system, adjust or install curtains, etc) and start planning any other preparations prior to moving in (painting, repairs, etc). |
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godged
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In my area, it is not yours until the deed is recorded. Meaning, it is not yours after you sign at the closing table. Typically if you sign in the morning, it will record that afternoon. If you sign in the afternoon, the deed will record the following morning. |
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Biggie @ Arbor Mortgage
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They should hand you the keys at closing! Good luck & congrats! Just check with your realtor to make sure. |
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SmartA$$
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You do not own the home the moment you sign the paperwork. You own the home the moment that the title company files the paperwork at the county courthouse and the transfer of ownership becomes legal.
This sometimes happens a few hours after you sign, sometimes it doesn't happen until the next day. Keep in mind that the buyer and seller will meet with the title company at different times for each party to sign their half of the paperwork. If the sellers don't meet with them until later that day or the next day, nothing can be processed until both sides have signed all their paperwork.
Usually the previous owners have already moved out and nobody will notice or care if you go into the home a few hours before it legally becomes yours, but technically you don't own it until the county records department processes the paperwork. Check with your Realtor. He/she should notify you when everything is final, and they can tell you if the previous owners are already out and if its safe to go into the home before the paperwork is 100% final. |
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Alterfemego
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When they and you sign the deed, legally it's yours to do with as you please, and yes you can move in right away. Make sure to go to the county courthouse and file for your homestead! Good Luck! and thanks for buying a home in this market. |
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