 Is there a way to find out how much is owed on a house before it's foreclosed? |
| I know a house will be foreclosing next month, and I was told that if I make an offer that is less than what is still owed by the current owners, that I'd be "spinning my wheels." Is ... |
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 Theoretically if I grew my own house, would I have to pay council tax? |
It isn't a building as such... It's technically a living organism so I'd be living in a tree/collection of trees.
Example;
http://blog.makezine.com... |
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 I have a mortgage on my name but house is not on my name anymore, person responsible for paying the mortgage i |
| person responsible for paying the mortgage is not paying on time, he dosnt want to put the mortgage on his name nor he wants to sell the house. ,what are my options, should I tell mortgage bank that ... |
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 Buy property near cemetary? |
| i found a great deal on 7.2 acres with 3 out buildings and a 3 bed 2 bath home for 158k. i looked at it at night and it was great but i went home and looked it up on google earth and its butted up ... |
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 Are you supposed to have to pay to submit a mortgage application? |
| I found a mortgage company online that says they can help people with low credit scores and low down payments to buy a house, they sent me an application but the thing is it says i have to pay $69 to ... |
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 When you bought your home, did you feel pressured to buy the most expensive you could afford? |
| When I was looking, I felt pressured by the mortgage broker, real estate agent, etc. to buy a way more expensive house, even though I didn't feel I could make the payments. Luckily I recognized ... |
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 High end laminate or hardwood flooring? |
| We've been looking at new floors for a few years now and are now in a position to do it. I want laminate (I think) but am always confused by the laminate v. hardwood discussion. I found some ... |
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 Money from house sale......what to do? pls help? |
| Hi, we are a family of 6 (4 kids), we own our own home but have had a sudden change in circumstaances. Hubby has been laid off work due to sudden health issues, we have had to go onto benefits, we ... |
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| If I sign a lease in the middle of jan, do I have to pay on feb 1? |
Ok so to explain more....
If I sign a lease in the middle of January and we pay the deposit and pay for the time we are living there in January, do you think I will have to pay for F... |
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 Landlord wants me out of flat.? |
I have been living in property for 4 years - renting.
My landlord now has asked me to leave within 2 months (my 12 month contract ends in Sept 2009) as he wants his son to live in the property.<... |
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 My huband and I are looking into buying our first home..? |
| We had a problem with fraud in the past on my better half credit report...it has taken us about a year to clean this mess up...now we have rebuilt his credit and want to see where we stand in regards ... |
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 Can a person making 50k gross buy a house in new york city and how ? |
| If a person -civil service. makes 50k gross a year can they stand a chance of buying a house in New York City and how would they do this ?... |
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 Property management won't accept sex offender as tenant and I need to move!? |
| My tenant is an annoying rascal who has a sex offense and constantly calls me about every little problem he finds in my condo. He does pay on time every time, but I need to get rid of him or I won... |
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 My mortgage company is sending me to an early grave...? |
| I have yet to be late on a payment but am on the verge of losing my house because of a stupid mistake my mortgage company made and won't yet own up to. I've been fighting them on this for 7... |
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 How would I go about moving out on my own at this point need tips ? |
| ok im 18 year old and i want to move out but i dont have a job now and i wonder what type of job could support renting a place with internet acess, phone, tv etc. and if i dont have money or very ... |
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 Should I evict her or am I being unreasonable? |
| I own a brand new townhome with brand new everything...I have a roommate who is starting to not look like a good fit. She has loud sex w/ her bf constantly, her bathroom (which was never used before ... |
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Nicnoo | Does anyone know what exactly they look for when doing a home inspection for a VA guaranteed loan? |
Are they just checking major things like plumbing, electrical, etc., or is it also cosmetic things like carpeting and paint? |
 |
 
Pengy
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I am going through a VA loan home purchase right now and can tell you for a fact, that things have changed. It is not like the old days similiar to a FHA buy where the house has to meet standards of paint and carpet. Not anymore the home just has to appraise for what you are offering, and they suggest you get an inspection for any problems. Write the VA and get your letter of eligibility they will include a letter that states this. Many realtor's and loan places do not know this and shy away from VA loans because of this misconception that is out there. Can give you the name of a lender that does understand this and is happy to do VA loans. Just E-mail me.Many inspectors have not read up on the new law, in fact only need the appraisal to come in at what you are offering and can get 100% financing. Have the paper, have the offer in, and am closing at the end of next month, and no the house does need a little work. |
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Brittany J
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ITS THE SAME AS ANY HOME INSPECTION STRUCTER ELEC PLUMING ROOF ALL MAJOR THINGS AND THE COSMETIC IS ALL UP TO YOU |
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J P
 |
VA appraisers use HUD minimum property standards. If you really want to get into the details, the guide is at http://www.hud.gov/offices/adm/hudclips/handbooks/hsgh/4910.1/index.cfm .
Basically, they are looking for safety and livability issues. If the carpet is a little dirty, that is ok. However, if it has holes in it or has obvious mold on it, that isn't. An appraiser doesn't look at the mechanical systems in depth. They may randomly test an outlet, switch on a HVAC system to see if the fan works, or turn on the water in a sink to see if it works. They also look for things like trip hazards and handrails on steps.
They will look for peeling paint in houses built before 1978.
Cosmetic items are usually not in the appraisal, other than maybe affecting the value of the house. If you want cosmetic items fixed, that's between you and the seller, or you can do them when you buy the house.
If you want an in-depth inspection of the house, get a home inspector or get an experienced contractor to look at the house. |
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DM
 |
Mostly the large items like you said and also type of windows, wiring up to code, can't have any leaks or cracked windows, and if an older house no lead paint etc... If more than two stairs that there is a railing.
It can't have any home projects that are not completed as well. They are pretty much the same as FHA guidelines. |
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glenn
 |
It is very common for people to confuse a home appraisal with a home inspection. The VA home appraisal looks for things they think could affect the foreclosure value if it comes to that- it is not to protect the buyer at all and is not a home inspection.
A buyer that has any sense at all will hire a home inspector to check out the home for them. That inspector will work directly for them, the buyer, not the lender at all. They will check for any problem you arrange to have them check for and the buyer should always be there for the inspection. |
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lardawg54
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They are looking for code violations, plumbing, electrical, foundation, roofing, termites, asbestos, cracked basement floors, structure stability, the works. Paint and cosmetic will give them a better feel of the home but they will not miss a thing when they look. You may be able to cover some things but what they can see is the ticket. |
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Kyler
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VA home loans are a unique way of extending support to the US war veterans, who committed their lives in safeguarding the interests of the country. Therefore, understanding these loans is beneficial. VA housing loan program provides financial assistance to veterans so that they can purchase home at a favorable rate of interest and convenient loan terms. Loans provided by the VA are fixed<!--interest mortgage loan that do not require any down payment. These loans are provided to all eligible veterans, regardless of their age, color, race, sex, religion, familial status, nationality or handicap.
http://badcreditloans.awardspace.com/Easiest_Way_to_Get_a_Home_Loan_with_Bad_Credit.html
No prepayment penalties and long amortization terms are another advantage of these loans. Houses provided under VA housing loan programs are duly inspected at the time of construction and require a warranty from the builder. The foremost step is to locate a suitable-->property in a safe locality. Next, the veteran has to go to a lender and apply for a home loan. VA guaranteed loans are provided by private lenders that include banks, mortgage companies and savings and loan associations. No prepayment penalties and long amortization terms are another advantage of these loans. |
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