 What would you do if someone wants to look at your house for sale, but you are listed with a Realtor? |
| I had a person come to our door the other day, wanting to just look at our house. I told him that he must see our Realtor and make an appointment to see it. He insisted that he didn't have ... |
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 What exactly is the purpose of building equity in your home? |
i.e - staying in a house for a longer period (10+ years) vs a shorter time (2-5 years) ???
what does equity do for you? why do people say its good to build up your equity?... |
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 Do I allow my home to go into foreclosure or sell it and rent it back? |
| My husband and I bought our home 3 years ago. We were healthy and working, just moved back from a different state to be with our new grandbabies. We took out an ARM loan on the property because it ... |
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 Can my fiance sell our house without my consent if my name in on the deed but not on the mortgage? |
| My fiance is cheating & he & I are splitting and he told me I have to get out with my kids. My name is on the deed but it is not on the mortgage. Can he sell the house without my consent?... |
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 In real estate does Staging a house really hellp it sell? |
I have heard of staging homes for sale and was thinking of getting into the business. But does it really work?
Additional Details
Is there a way to get into the Staging business ... |
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 Can anyone help me out with 700 quid to pay my rent? I have a little boy and broke my arm!!? |
| I broke my arm last xmas and haven't worked for 6 months,the housing are threatening to kick us out... HELP!!!!!!... |
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 1st day in a new apartment.. Next door neighbor complained.? |
Today was Day 1 at my new apartment. I decided to bring blankets and sleep there for the first night.
I got there around 11pm, put my blankets on the floor and lied down.
At 12am my ... |
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 About to buy a home! But a few ODD questions.? |
First off let me show you the home.
http://www.realtor.ca/pr
It is a small 2 bedroom home, On a nice quiet street- I have been communicating with Edward ... |
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 Ok my brother wants to buy a foreclosure house but get this hes 16years old? |
any i was wonder if its even possible for him to buy a foreclosure house it kinda peaked my curiosity
Additional Details
and i heard that its possible if he has like our parents to co ... |
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 Bottom Line: Do Real Estate Agents Deserve 6-7% of a person's net worth? |
In short, for working 12-40 hours, do they deserve the equivalent take-home pay of almost a year of labor??? (assuming most people have a 30 year mortgage and pay about half to it each month...)
... |
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 My rent is due the first day of the month..? |
| and the first day of this month was a saturday and the office was closed. I could not get to their drop box to drop it off either. I don't think I can get it to them til tuesday the 4th since ... |
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| Is 5% too high to pay a real estate agent? |
| I live in Pleasanton CA, and have recently been informed by a friend that my agent is robbing us, by charging 5%. Is this true? What is a good percentage? And does anyone have any tips on ... |
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 Based on our income what would be an affordable home price? |
| My fiance makes about 95,000 a year and i make about 85,000 a year. what is an affordable home price? we are both 27 years old and still have time for raises and advancements in our careers. We live ... |
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 As a tenant, what can I tell prospective buyers? |
I have a question for those 'in the know' here.
Our landlords have been pretty deceitful about the house. They lured me in with promises to update and fix things but never did ... |
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 Is there anything i can do about my neighbors guitar noise in my apartment?complex? |
| theres not a certain time of the day or an exact day of the week that he does it, but it's annoying as hell. the floor shakes and you you feel the vibrations when you're trying to watch a ... |
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 Are you sheltered from the mortgage crisis? |
| because you are lucky or becasue you have a 3 suitcases full of product in your closet?... |
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 Where is a good place to move? Why? |
| I would like to move somewhere that the cost of living is affordable, housing is reasonable, good school systems, wages with an B.A. degree or higher pays well, crime rate is not high, and a great ... |
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La | Do you have to be employed for a specific amount of time in order to be pre-approved for a home loan? |
I just graduated with my bachelors and I have a job secured. There is a house on the market that I want and I know I can afford with my salary. How long do I have to wait before applying for a mortgage? |
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Quicken Loans
 |
It depends on other information like your credit, assets, down payment, etc., but in general, I would need to see at least 30 days worth of pay-stubs. An offer letter (if you have one) would help too. Generally speaking, if the other parts of the qualification puzzle are good, it shouldn't be an issue.
Just be sure you are fully approved for the mortgage before you put any offers in. Best of luck!! |
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MOOCHY
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It is different with every bank. A lot of things go into it too like loan amount, credit score, debt to income ratio, loan to value. BEFORE you apply ask them their criteria to see if you would even be close to qualifying, it saves your credit report from a lot of inquiries. good luck! |
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sarge927
 |
You may be eligible now. When I got my job with U.S. Customs and Border Protection I applied with several lenders on lendingtree.com. Even though I had just started my job, every lender without exception told me I was qualified for a mortgage. Now, I also indicated I was going to put 20% down and I had a credit score over 700, and those two things affect your eligibility as well, but the days of lenders requiring you to be employed at the same job for a year or more are basically gone. Your best bet is to apply for a mortgage but don't tell them you have a house in mind -- just apply and let them tell you how much you qualify for. If you find out you qualify for a mortgage that will cover the house you want, GREAT!!! If not, the lenders are telling you that you really can't afford the house you want. Either way, applying for a mortgage will help you find out where you stand. |
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BJ
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Generally all you have to do is show x amount of income to qualify.
The payments on the house should not exceed 1/3rd of your monthly income.
The fact that you just got out of college and have not begun to work...and you probably have a bunch of student loans to pay off etc etc...you may not qualify.
you might want to wait a year or so. Pay off some of your debt and put some money in savings for a sizable down payment and then with a year of steady work behind you you will be more favorable to the lenders.
Right now you are too much of a risk because you have no history. |
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Wife~and~Mom
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Most lenders want 2 years or more but they do consider lots of other factors:
~ the more of a down payment you have the less risk the lender feels they are taking!!
~ Today, there are lots of different mortgage programs out there. Money talks so save, save save!
Unless your parents are gifting you the downpayment and closing costs. |
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maamu
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If you had been working in the same field but simply changed jobs a mortgage would be easy to obtain.
Talk to a real estate agent. They know which lenders are willing to work with certain buyers. If you have a job history, you should have no problem. As someone pointed out--the market is not in the best shape right now for sellers, so it is now what is called a buyers market.
Good luck (and congratulations on your graduation) |
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arizona wolfman
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There are home loans available for most people. Some just have to pay higher interest rate than others. 2 years employment history is usually required for the best loans. |
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SuperCactus
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Talk to a mortgage broker and I will bet the broker can find a loan for you. |
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chris
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its not required but will help. with the housing market the way it is you might just qualify for a home loan |
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Gloria R
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I believe with most companies it is a year but the way the Mortgage crisis is you just might want to ask one. |
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PG
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I believe the answer is 2 years. It also depends on your credit score. You didn't mention that. And it depends on the lender. You may need a co-signer with substantial credit history and job history also.
Good luck and congrats! |
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