 When people are married, is home ownership 50/50? |
| My husband and I bought a house 1 yr. ago, but the loan is in his name only. My name is on the deed, but somehow I feel like it is more his than ours.... |
|
 What happens if you instruct an estate agent to sell your house and then change your mind? |
| Our estate agents have put loads of effort into our house, but now we've decided not to sell. We've still got a few weeks of their sole agency time left, but we haven't signed anything.... |
|
 Is $350/mo. a bit steep to pay parents for rent? |
| I'm 26. I have an ok job but I can barey get by between rent, student loans and gas prices.... |
|
 Is it unfair for a landlord to say, no pets, no smoking, no DSS, no pictures on the wal....? |
I know its their home but if your renting it for years and starting your family there shouldnt it FEEL like ur home, allowing u to have pets, smoke and have pictures on the wall?
my ... |
|
 How much should i offer for a house, marketed at £164,950? |
| I'm buying a house, have viewed one that i really like, it's up for £164,950. Don't want to pay the full price if I can get away with it. What do you think would be a sensible offer???... |
|
 Is there a way to see when taxs were paid on a house that is not yours? |
| I would like to know if there is a way to find out if and when taxes were paid on a house. The house is not mine however I do have reasons to wonder. I would ask the person themselves but they may ... |
|
 A house needs repairs before it closes. The seller would do it but he is strapped for cash. What R my options? |
| I am buying this house through an FHA loan. The inspector said that the house needed to be painted, some rotting boards needed to be replaced and a tree needed to be trimmed. We planned to do this ... |
|
 My landlord is asking about a frequent visitor...? |
I do not have many friends, which is how I prefer to live. I am always with my boyfriend and we are usually with our two close friends.
I rent a basement apartment, so there's a chunk ... |
|
 Would it be wise to have 5 people in a 3 bedroom, 1 bath apartment? |
| My boyfriend and I may be moving into a 3 bdrm apartment with another couple and a single guy. The thing is, the apartment only has 1 bathroom. Is this not a big deal, or do you think that might be a ... |
|
 Landlord has me without hot water for 2 weeks? |
| 2 weeks no hot water apartment is going to the dumps elctricity is terrible he is not responding to my complaints stating soon.no rent is owed would like to know can i withold the rent or some part ... |
|
 How can I tell my cousin I pay rent for room not for them to use room as storage.Pay $400.use 1/3 of room.? |
| rent small room from cousin & boyfriend.Pay $400.The thing is I only have 1/3 of the room the rest they use as storage.How do i tell them thats not right.Plus they keep putting stuff in and I ... |
|
 I signed an agreement of sale on a 4 bedroom home ..... and now I've discovered ( after 7 days ) that the room |
| considered to be a fourth bedroom ..... cannot be considered a 4th bedroom ... because it's off from the garage ( a door to the garage opens to this room ) Do I have any grounds to back out or ... |
|
 What shoudl I offer for this house? |
I found a home I really like in the Houston, TX area. it lists for 279,000. With todays market the way it is,(buyers market)
what would be a realistic offer to make?... |
|
| Help! Mortgage advice needed ASAP please? |
| Buying a house with a relative, but everything has taken longer to go though then we thought. I'm going away soon and need to know weather I need to be here to sign documents or is there ... |
|
 I'm a first time Landlord. Help!? |
| My 2br/1ba condo has been for sale for 8 months. I can't afford to have it sitting empty any longer so I've decided to try rent it out. My current real estate agent has agreed to show the ... |
|
 How can Gordon Brown help first-time buyers in the UK housing market? |
| There's a growing groundswell of opposition to the substantial discounts given by builders to private investors who buy houses to let. Rightly or wrongly, first-time buyers blame them for ... |
|
 Whats the best way to sell my house? |
| I will only make a profit of about 100k. Ill be paying about 25k to the realtor and buyers agent plus 15k for the prepayment penalty. I really need advice. How can I get the most profit in my ... |
|
|  |
The T Cozy | Can mom be cosigner for home loan? |
My husband and I are living in an apartment right now and are thinking of starting a family in a few years so we want to buy a condo. I do not work at the moment. My husband has only been at his job for 3 months. We make more then enough money to pay for everything because his job demands over time. Hes only 20 and has great credit but we talked to a lender and they said since he hasn't been at his job for a year they wont count all his over time. So I don't know if he will qualify for the loan himself because of our debt to income ratio even though the mortgage payment would be less then rent is right now.
I wanted to know if his mom could cosign with him even if she is not living there. She has goodish credit but I don't know about her debt to income ratio.
All this is new to us so I don't really understand any of it. Any help would be wonderful! Thank you! :-)
Additional Details
My husband and his mom are really close. And we are a tight family. We trust each other and are open about of finances. Shes helped up cosign for our cars and such before. And if we cant make a payment she wont mind helping us out for a bit, but has never happened. :-) |
 |
 
poppy1
 |
Hi Cozy,
As long as your Mother-inlaw has very good credit she can co-sign for the loan.But you should know that if something happen and you and your husband ever get a divorce your out in the cold because your name isn't on your house loan. You may want to think about this,because you really don't know what will happen in the future My Friend. I wish you luck and happiness.
Your Friend,
poppy1 |
|
gr8lyendowed
 |
anyone with good credit can cosign, but remember if you default its her responsibility |
|
Hammster
|
She can certainly offer to. Her credit will figure into it as well, as she will be volunteering to share responsibility for the loan by signing. |
|
D.B.
 |
Yes. You can get anyone to co-sign as long as they qualify. |
|
Future Citizen of Forvik
|
If she has good credit she can cosign, but all of the experts will tell her not too. When you start your family, then come back and visit this issue, things will look much different then. Good luck with whatever happens. |
|
Atreyu's Mommy & Due Aug 24
|
Yes his mom can cosign. I had my dad cosign for me on my condo loan. Make sure your condo has more than enough room to raise a family and maybe a yard. I am stuck in a 1 bedroom condo on the second floor with my husband and our 1 year old son. I bought the place while I was single and now with the market, we can't get what we want for it. |
|
Ashleykay101
 |
Yes
my mom used home loan |
|
Asim A
|
Yes, his mom can. However, if I were her financial advisor, I would advise her not to do it this way. There are better ways to protect your mom in law, and for you to achieve your goal of owning a house. Ask your mom in law to seek the advice of an experienced attorney/ financial advisor. |
|
gingerlee723
|
It is a possibility they would accept her as a co-signer. It will depend on her rating, debt-income ratio and her collateral. After all she is signing saying in the event you do not pay she will.
Before you give up, talk to a few more lenders. You should shop around. Talk to them about options, different types of loans, earnest money, 100% financing, etc... even buying on contract which can help remove the co-signer sometimes!
You might even visit some real estate websites and look through their financing advice. |
|
Cherishalatina
|
Yes she can as long as she has the credit to back it up she can sign. My dad co-signed for my niece and my sister for her daughter....so yes it doesn't really matter the debt to income ratio as much as credit score and job security. If your mom has been at her job awhile and has good credit and is willing to co-sign good luck go for just make sure you don't get in way over your head since mom will be stuck with the loan if you are unable to pay it. |
|
Jess
 |
Yes if she is willing to do that for you, and she is approved as a co-signer then yes. |
|
Wan D
|
yes |
|
ROGER J
|
As far as my knowing,it is a question with various answers,it is definitely depending on the your mind ,providing a great resource here for reference though.http://home-mortgage.online-tips4u.info/free-home-loan.htm
|
|
A Landers
 |
In today's mortgage environment, rules change almost daily. I suggest you contact your mortgage lender for this information. Also, sit down with them and have them explain it all to you. You dont have to be an expert but you should have a basic understanding of all this. |
|
Jenny K
|
yes |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
15 | 32 minutes(s) ago
| | | |
15 | 3 hour(s) ago
| | | |
15 | 8 hour(s) ago
| | | |
15 | 1 day(s) ago
| | | |
15 | 3 day(s) ago
| | | |
15 | 2 week(s) ago
| | | |
15 | 1 month(s) ago
| | | |
15 | 5 month(s) ago
| | | |
15 | 6 month(s) ago
| | | |
15 | 10 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
