 Could i get a home loan? |
if i earnt $500 after tax?
Additional Details
thats per week?... |
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 Can my landlord evict me for breaking a window? |
| because he's calling my job threatening to evict me. not only that but he tells my co workers, or whomever answers the phone that he's going to evict me. is that ok? i feel very harassed.... |
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 We are schedule to close on our home and I am scared....? |
| I'm scared the lender is going to come back and say "sorry, we changed our minds" This is our first home and I am nervous, any suggestions. If we have a set closing date, can something ... |
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 I signed a lease for 1 year. My landlady will not make repairs.? |
| The dishwasher doesn't work. She said to buy some Jet Dry, did that, water won't reach top rack. Kitchen faucet runs (hot) water all of the time, I have to keep the water turnned off under ... |
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 How can you stop harrassment from a landlord? |
| We have lived in this house for three months. From the very beginning, the landlord would come over 2-3 times per week and walk around the property. At on time, he was standing on the back patio when ... |
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 What to do with land lord that don´t want to give the deposit money back? |
he is charging things that were already damaged
he clames that stuff is missing
the place was in a bad shape to begin ... |
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 When renting do you have to pay rent after the 30-day notice even if its in the middle of the month? |
| wanted to know if when putting the 30-day notice in even if in the middle of the month is near would we still have to pay rent if its due on the first???please let me know asap.... |
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 Can you please name me some safe, luxurious places my wife and kids can live? |
I live in Albany New York right now working as a stock broker. I made the money, now I want to move out of my small apartment and move to somewhere safe and nice.
Thank you for your time and ... |
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 So how much does a typical modest 3 bedroom house cost in the USA? |
as a brit I am curious. A house away from rich areas. Cos UK prices are high here.
Additional Details
WOW, so in a word house prices in USA are - dirt cheap.... |
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 As a landlord can I insert such a clause into a tenecy agreement? |
| As a landlord is there any special clause that I should enter that would benefit me in the long run? eg can I enter a clause that will mean that the tenant has to forfeit their right to squat in the ... |
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 Help...We have bad credit and make quiet a lot of money by cant get an apartment. Any Suggestions? |
| We are a couple looking to move into an apartment in Kalamazoo Michigan. We will be attending school and working full time. Unfortunately due to previous circumstances that happened in the past we ... |
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 HELP!! How to Sell My House ASAP?!? |
| I really need to sell my house as soon as possible. I'm moving to Mexico and need to be there by september of this year. The house has been on the market since february but have recieved no ... |
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 Why wont private landlords except housing benefits? |
Additional Details
Thaks for all your answers. I thinks its unfair. I need housing benefit as my and my partners income is too low to be able to aford any rent where we live (London) we ... |
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 Help! I want to kick my roommate out, he's verbally abusive and has threaten me? |
| To make things short: He's not on the lease, I'm the only one on the lease. NOTHING is on his name, everything is on mine. I told him at the beginning of january to move out by the end of ... |
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 I need help from a realtor or anyone who knows about houses!!!!!!!!!!!!? |
| Two weeks ago, i put an offer to a house, but sadly i lost it; someone else had bought it and gave more money than i did. My realtor had told me how much more money the other people had put into the ... |
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Heather | Buying/Selling Home.....what do you think? |
We currently have our 3 bed/1 bath full basement home for sale in Wonder Lake, IL. It has a fenced, large, wooded yard. It's been on the market for about 1 month and is very competitively priced. However I know the market is BAD right now. My question is this, we have found a home we like that can be built in about 5-6 months. Do we put the earnest money up to get it started or just wait? |
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RedneckBarn
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I think one major question you have to figure out the answer to, is how long can you go with it on the market? If you put up the earnest money for the new housed and find that if you don't sell the old house within the next month you can't afford the note anymore, I would say that's a little risky. Maybe I'm overly conservative, but I would like a little more room to work with. If it were me, I would anticipate - on the high end - my house being on the market for anywhere from 6 - 12 months. |
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michael m
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You should talk to your mortgage broker about the possibility of bridge financing in case your house does not sell in time.If you do not want to be overextended.if bridge financing will work for you and your ratios are in line go for it. |
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galactic_man_of_leisure
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You can put a contingency clause in the contract with the builder that you have to sell your existing home before taking possession of the next one.
The obvious advantage is to keep you from paying two mortgages (assuming that is beyond your ability). The drawback is if another buyer wants the same house you are building and they have no contingency clause, you will have to lift your contingency or forfeit the purchase. |
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ShopGirl
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I would wait to see if you house gets any bites. What you think is competitivel priced and what buyers think are two different things. We are in the same boat...we have had our house on the market for 3 months and have already committed to the new house. We are in the hole for 50K and the new house will be ready in December. We have not gotten any bites from any buyers and have lowered the price 3 times. Now we are dangerousely close to loosing money in this deal. Your market may be different, however. If people are looking at it and not offering, the price is too high. The bottom line is ...don't do anything that you will not be able to afford. Good luck! I hope it works out better for you than it has been working out for us! |
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kthor
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if you can afford it go for it, if not wait and sell first.
competitively price means what to you ?
same price like the 20 other homes in the neighborhood? a little above ? below ? if you want to sell, list it at $30,000 under everyone else and see who takes the bait - real estate is like fishing |
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waggy_33
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The real risk is that if you go ahead and deposit earnest money on the new house you will either lose the money if you can't get out of the contract or you put yourself in a position where you have to pay for two properties.
I would suggest investigating the rental of your existing house. Can you get enough of a monthly rental to carry the monthly paymets. If you can get more great, if this would fall short can you still afford to carry shortfall. |
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goz1111
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if you need the monies from the sale of your current house for the new house, do not take on new liability until your old house is sold, not under contract
while their is not an extreme housing bubble, their is a slow down houses are sitting longer , look around your area how many houses are for sale? how long have they been on the market? it may take awhile for you to sell the old house and you may have to lower the price |
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Coffeyvillian
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You will always be able to find a house that you would like to build. The housing market's downtrend began only a year ago, meaning that it probably will be sluggish for several more years.
In the meantime, builders will add more incentives (as they have already) to try to lure you to buy.
The sale of your current home is the key. Whether you can maintain two mortgages (which most people can't and shouldn't) is the number-one question. |
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mazziatplay
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Yes, in order to tie up the property you are interested in you will need to make an earnest money deposit and may have to obtain the financing before the builder will start on the home, if he is not building on his own building line of credit.
The good news is that I can offer you an advance on the equity you have in your current home in order to do so. My bank offers what is called a Departure Home Equity Line Of Credit on home that are listed for sale. Subject to your qualifying for financing, we will advance you up to 90% of your home's lendable equity on a line of credit that is payable on interest only payments for up to one year. The rate will be determined by your credit score and the loan to value requested. The base rate is the prime rate of interest. You can pay it in full when you sell your home. In addition, I can offer you a one time close construction loan that will preclude your need to obtain two separate loans for the construction and the permanenet loan on your new home. In addition, I will give you the Departure Home Equity Loan at no cost if you will commit to me on the one timne close loan for construction of your new home.
I work for a national bank (not a .com) and can loan in your state. Our rates are competetive and service is excellent. I've been a mortgage lender for more than 20 years. I do a great deal of my business now via fax and email so this is nothing new to me. My email is Nlabonte@firsthorizon.com. firsthorizonusa.com/nancylabont is my website. I'd be happy to answer any questions you may have, pre-approve you for the financing, and explain the process in detail at no charge |
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RKC
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Personally, I would wait because if you gamble and your house does not sell, you would be paying two mortgages and could wind up losing one of your homes if it sat on the market too long. |
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Matt J
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I think you might be ok. You should only be paying interest on the money you borrow on the construction loan so it will not be that big of a payment until it is close to being built.
Matt
http://www.diversifiedlender.com/
http://www.minnesota-mortgage-rates.net/ |
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?
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My suggestion would be do whatever you think you can afford!
But you must think of some things first
what if you house doesn't sell for a long time?
Can you afford 2 houses?
Good luck hope your house sells soon! |
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Chelsie W
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I DUNNO KNOW CALL TWO BROTHER THE COMERICAIL THAT SAYS, "WHEN YOURE READY TO BUY WERE READY TO SELL" HOPE DAT HELPS YOU |
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