 Is life that EASY in USA ? |
| im gonna be short , we (me and my damliy) will come to USA in next 9 monther , i talked to my uncle in USA and he tell me that i can earn 8$ in hour thats for minimum , so i try to buy a computer ... |
|
 Are they real? |
on tv im seeing some programs which talk about getting good checks after following some old fat guys secret to real estate
many people say they get up to 10 000 after only a few days on the net ?... |
|
 What can I do if my roommate want to use his security deposit as his last rent? |
| When my roommate moved in we signed a contract that I type and we signed it as a legal dacument, it say that the security deposit was not to be used as his last month rent, because it was to cover ... |
|
 How do we increase the value of our home? |
We bought a home 3 years ago and are trying to make changes to add appraisal value to our home. We have a inground pool, 4 acres, Nice house.
When we moved in there wasn't much ... |
|
 Sale of house? |
| my ex partner and i have split up , we bought a house together, i put a large deposit down , we are both on the mortgage and title deeds, if we sell the house , is she entitled to half of the equity ?... |
|
 Can an apartment evict you for an error on your check? |
| My rent is $720 and in the column to write it out, I wrote by accident "Seven hundred and thirty dollars". Now my landlord says that I am late and has put an eviction notice on my door but ... |
|
 Never Signed a lease agreement where I live, Can landlord keep my $625 dollars that he owes me? |
| I Have been living where I stay for 4 months, I sent my landlord 2 money orders totaling 5 months worth of rent, which includes security deposit, now I am leaving just short of 4 months, and I would ... |
|
 I'm leaving my apartment, but I need more than 30 days to do so...(read on)? |
| I've decided not to renew the lease and I am going to move elsewhere for better location and quality. I asked the manager if I could give her a notice to leave the apartment that is more than 30 ... |
|
 Anyone else really annoyed at housing situation today? |
| I am 24 years old and I recently was living in rented accomodation with a friend of mine paying £300 a month. I make an ok income but not a great amount but could in no way afford a mortgage which ... |
|
 Would I be able to buy a house, someday? |
| . My income is about 35,000 a yr. Im renting an apartment where I pay 1,075 and Im able to keep up with my rent and bills. Most of my friends have their own home and for some their mortgage payments ... |
|
 Whats going on with the house prices are they going to drop within the next couple of months? |
| i am hoping to put my house on the market with a month and i have read in a newspaper that the house prices are going to drop is this true ? i have to sell due to money problems and the house i live ... |
|
 Good, Affordable Places to live? |
| My Husband and I work for the same company and just found out that we are being laid off - our last day is October 2nd. We live in Seattle, WA and have been living here most of our lives. The cost of ... |
|
 I was behind in my mortgage payment. Now the bank is refusing to take my money. Is this legal? What can I do |
| First they said I had to catch it up. Then they threatened me with foreclosure. Now they say they will work with me, but are waiting on some paper to cofirm that I have no other liens against the ... |
|
 Me and my husband just rented an apartment. the owner currently pays the light and gas in the apartment...? |
| but since we are moving in he said we needed to change the ligh and gas to our name or they will cut the service.... how do we do that without having it cut until its all processed???????...... |
|
 Do I need a lawyer when buying a new home? |
| I'm a first time home buyer and about to sign a contract to buy a newly-built house. I'm a bit nervous because I'm not sure if I should hire a lawyer when I first pay some of the down ... |
|
 I gave my tenant 60 days notice and she accepted but I think she will not move out on the date we agreed on? |
| Is there something I can do on that day, e.g. take back the property, kick her out on the day we agreed that she would move out anyway. She is already owing me 1 months rent plus many months of late ... |
|
| Landlord entering apartment without notification...? |
My landlord has decided to sell the condo we are currently renting from her.
Is it true that she MUST give us 24-hours notice before her, any realtors, or any prospective buyers can LEGALLY ... |
|
 I filed for chapter 7 bankruptcy about 2 years ago...Can i buy a house? |
| I live in Houston, Tx...and had a bankruptcy about 2 years ago..Well im working and i have a good job now and i want to buy a new home. I have a co-signer available that has excellent credit and ... |
|
|  |
CrowsFeet | Can a 21 year old with 30,000 dollars and good credit get a rent to own home? |
Or will they get turned down because of their age and waiting tables?
Additional Details
I had a lot of people tell me that I probably couldn't do it because of my age and job. |
 |
 
mike_alegend
 |
You should not have any problem renting a home, or even purchasing a home if you have the down payment...That is where part of the 30k would come in handy. |
|
teran_realtor
 |
DON'T buy rent-to-own. Just get a real loan now and buy whatever house suits your payment range and needs.
I think you have to be at least 18 yrs old to own real estate - I'm OK... you're OK.
Is 30K enough down? - depends... in some places you could just buy CASH. In others, that's just a one percent down payment. If 30K amounts to 10 or 15% of the sales prices, that should do it.
Waiting tables? Depends... on a traditional loan, you need two years tax returns on the same kind of employment - did you either just start this type of work, or do your W-2's say you only make $4,000 per year? CLAIMING tips with the IRS matters when it comes to qualifying for a loan.....
Good credit (and $30K) ... maybe do a "stated income" loan. If your W-2"s don't show alot of $, then maybe this will work. But the income you "state" must be reasonable for the type of work you do - and the lender will verify where you work.
Find a good Realtor, get pre-approved, and find whatever house you like. Do not limit yourself to owners willing to do rent-to-own. |
|
Lane
 |
it depends what you're making, your job history, and what other creditors you may owe. but 30 thou is certainly enough to get something |
|
Diz
 |
Yes, age is unimportant. The thing you want to be concerned with is the options on the contract. Normally you will pay a fee something like $2 0r $3K for a year lease with the option to buy at the end of the lease agreement. If you have $30K to invest in a home though, you can buy a home out right with great terms. Probably paying less on your mortgage payment then you would on a nice apartment"s rent. If there is no listing you like that say rent to own, I would talk to home owners who have listed there houses, ex. for sale by owner, and ask if they would be interested in a rent to own situation.l |
|
Jnine
|
If you are turned down because of age that is discrimination. Why rent to own? If you have good credit you can put that 30,000 down on a very nice home and your payments will be very low. You don't even have to put all 30,000 down. Find a realtor, they will help you find a broker. The broker will tell you how much you can get for a house basid on your income and credit. If you have good credit ( do you know your credit score? ) it will be easy for you to get a loan. Now is the best time for you to buy a house! |
|
frankie b
|
If you get turned down for age sue the crap outta them. Thats discrimination. |
|
CALIFORNIA GOLD
 |
Why settle for rent to own which often times juices you on costs? If your credit is good, you should be able to get 100% financing. Check out the free form at
www.totaldebtsolutionsllc.com
They have an extensive loan officer network that spans the entire U.S. and should be able to assist you. |
|
Ron B
|
first of all, you will want to buy, not rent to own. This is going to save you thousands in the long run. You do not have to put all the money down if you don't to. Second it is your income that could keep you from getting a loan, not your credit or age. If you are being turned down it is more likely that you are not able to show lenders that your income is enough, or stable. You need to find a good mortgage broker that will get you exceptions with a lender. |
|
miztiffany
|
First, I agree with those that responded to avoid rent to own...these agreements primarily benefit the owner of the home. Second do you claim all of you tips from waiting tables? If you do this will make it much easier to qualify. If not you could do what is called a no document loan, which means you tell the bank how much you make but do not have to prove it...the interest rate is a bit higher though but it is easier to qualify for. Best advice is to buy income property. My husbands little brother who is around your age just bought a 4 unit rental home for 200k with no money down...he also waits tables. He lives in one and rents the other three which pay a substantial amount of the mortgage payment. When I was twenty, I bought into a duplex with like 6k down on an fha loan...my payment was around $1500 a month but with the rent from the other side I only paid $600 a month. Good luck and I hope this helps! |
|
Josher
|
Yes you can. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
10 | 12 minutes(s) ago
| | | |
10 | 45 minutes(s) ago
| | | |
10 | 1 hour(s) ago
| | | |
10 | 5 hour(s) ago
| | | |
10 | 6 hour(s) ago
| | | |
10 | 7 hour(s) ago
| | | |
9 | 10 hour(s) ago
| | | |
10 | 1 day(s) ago
| | | |
10 | 2 day(s) ago
| | | |
10 | 4 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
