 What is a foreclosed home? |
how do foreclosed homes work? Do i pay what is owed against them or so i just purchase it for a super low price?
Additional Details
So a Foreclosed home is not bought at an auction?... |
|
 Buy now or wait? |
| i'm ready to buy my first house here in southern california and was wondering when a good time to buy would be. i know the market is dropping, but for how long.... |
|
 Tenant rights? |
| im currently renting a 3 bed terraced from my father i dont know what rights i have concerning decorating and new windows? anyone help?... |
|
 When will the housing market for sellers improve? |
| There are about 10 houses for sale in my neighborhood and they just aren't showing. Some have been on the market for over 250 days. Realtor told us that it is a buyers market right now. I live ... |
|
 If I have bad rental history and my girl doesn't, can we still get an apt together? |
| She has good credit history and rental history and I don't. I would like to know if there is a way we could still be able to get a place without having any problems. please ... |
|
 Do you always have to put a 10% down payment on a house? |
| My fiance and i would rather buy then rent....we are just worried about the large downpayment. Is this always necessary?... |
|
 I want to save for a down payment on a house, but I pay $1300 for rent. Any suggestions on how I can save $? |
| I want to save up to $20,000 in the next two years and it would be possible if I didn't have to rent. My credit is getting repaired, its not bad, but its not great. I bring home just about $2500... |
|
 Help with my landlord and what my rights as a tenant is? |
| i lived in this house for 1 year now, and am moving out this month, this landlord is horrible, he doesn't fix anything, he won't listen to my complaints, there is mold in the basement and ... |
|
 Does anyone know if there is a way out of a 5 year fixed mortgage without having to pay the penalty? |
| I got a fixed 5 year fixed mortgage with northern rock, due to unforeseen circumstances i now have to put the house on the market, im only 5 months into the mortgage term which means a hefty penalty, ... |
|
 If I use a realtor to see my house, can I be there when they are showing the house? |
| Then I could point out additional good things about the house or neighborhood. Or is this something I forfeit by hiring a realtor?... |
|
 What are the disadvantages of not having a lease when renting to someone? |
| I need to get a court order to evict a tenant thats not paying rent. He won't leave on his own and owes us 2 months of rent. Is it going to be difficult if we just had a verbal agreement and ... |
|
| Can a landlord charge an insufficient (30 day) notice fee, when landlord rents apt immediately and is out $0.? |
| It is my understanding that a landlord can only charge for damages and lost rent as a result of breaking a lease. I paid for April rent (april 1-30), got new job in new city and had to break lease. ... |
|
 Realtor Fees? |
| We are thinking of buying our first home in the next year, and I am curious what the average cost of realtor fees are for the buyer in the Midwest US? Thanks!... |
|
 No Homeless People on Earth? |
EARTH
The fifth-largest planet of the solar system and the third in order of position from the sun. It is an oblate spheroid, being slightly flattened at the poles. Satellite observations ... |
|
 Anyone have any advice on selling our house FSBO? |
| I know that is not the ideal way to sell - we've always used a realtor in the past, but if we do this time we'd lose money which we can't afford. Selling so I can stay home with baby ... |
|
 Repost: About how much would it cost me to have someone build this house? |
I asked this question last night but didn't get any responses. Perhaps you Real Estate section folks are morning people? ;) I've also added a couple of questions to the end.
S... |
|
|  |
Happily Ever Us! | Can I get a reasonable home loan w/ very poor credit? |
I got into trouble a few years back and since has paid off my debt however my credit is barely over 500--what do you think? |
 |
 
scottythecomic
 |
There are indeed ways to by a house even with poor credit. The powers that be do understand that people have to live somewhere and pay, so they do loan people money. Nowadays, one can even find homes to buy with very little or nothing down. Usually the penalty for bad credit is higher interest rates though. |
|
G-man
 |
There is no way you can get a reasonable loan with that credit score. |
|
easywintoo
 |
Yes, get someone with good credit to co-sign the loan with you. Its better to fix your credit. Its easier then you think. It does take time. You need to be financially stable and pay everything on time. Most of the time you can call up the organization where you have loans and negotiate with them. They really don't want to have to write you off.
Here's some other things that are used to calculate your credit score.
Phone in your name.
Stable address.
Stale job.
On time payment.
Utility bill in your name.
High salary.
Good credit history.
Being white. (Just personal opinion. Not sure if its fact.) |
|
2FindOut
 |
Some banks will have a program for people in your situation. Congratulations in paying off your debt, try bringing your score a little bit high. You can do it, you have already proven some of it.
Take care. |
|
lotsofloveya
|
look in the phone book or call a realtor to find out the names of banks and mortgage companies in your area, they are the ones who will most likely be able to help. if you are in norther mi let me know maybe i can help. |
|
fwferris
|
No. Work on correcting your credit score. Good home loans begin at 650 or better. You are looking for sub-par, high interest rates if you can even find an institution that'll accept your application. Best bet would be to come up with 20% down for what is called a no verification loan.
Good luck! |
|
InsuranceChick
 |
Try AmeriQuest Mortgage. |
|
BM
|
how much money do you have saved for the downpayment and closeing cost? |
|
HD
|
Your best bet is to try to get the seller to owner finance for you. Be smart and have a lawyer draw up the agreement.
Local banks are also helpful. No college-dropout idiot on the phone in another city is going to be helpful. Everything at the big companies is done on computer. Don't even try.Local banks can take your character and roots in the community into consideration. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 22 minutes(s) ago
| | | |
9 | 47 minutes(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
9 | 5 hour(s) ago
| | | |
8 | 10 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 1 day(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 4 day(s) ago
| | | |
9 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
