 Daughters apt. burglarized can she terminate lease agreement? |
| My daughter walked into her apt. and found two young burglars there. She confronted them and they took her friends stuff not my daughters. She was threatened by one of the burglars that they would ... |
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 How do I buy an abandoned building? |
| There are a few properties around here that are extreamly old. There are buildings on it that obviously havn't seen human care in years. There is no for sale sign or anything like that. But I am ... |
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 Is it my or my landlords' responsibility to take care of a major weed problem? |
I'M RENTING A HOUSE THAT'S ON THE MARKET FOR SALE. THERE IS A MAINTENANCE AND REPAIR CLAUSE WHICH STATES:
"LESSEE WILL, AT LESSEE'S SOLE EXPENSE, KEEP AND MAINTAIN THE LEASED... |
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 How to deal with tenant who does not pay the rent? |
| I recently leased a house (I do not live in the same city) to a family on 6-month lease term. They just moved in. But they are not paying even the 1st month rent and I found they are telling many ... |
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 If you have 7 mileon what do you want to buy ? |
| if you have 7 mil $ what do you want to buy for it and is it a good question or not ?... |
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 A couple take out a joint mortgage. Can a second charge be taken out on the property without joint consent? |
| The husband built up a huge debt, which the wife knew nothing about. The first she knows about it is when she opens a letter from the company who has taken out a second charge on her jointly owned ... |
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 I would like to buy a house any tips? |
| I live in illinois ,right outside of chicago and I want to buy a house. I dont have the best credit but i also dont have the worst. I just want to buy a house near where i live now for my children. ... |
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 Is it descrimination to say no to a renter becouse of someone in their family is a tuck driver.? |
| i know the rentee has the right to rent to anyone they wish, but if they say this is the only reason why they will not rent to the person, is that legally wrong? its like saying no i wont rent to u ... |
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 Is it too soon to start looking for houses if I'm moving in 2009? |
| My husband and I are planning on moving out of state in 2009, is it too soon to get information from an agent? Will they just laugh? I know there's a lot of paperwork and stuff, how long does it ... |
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 I live in nj, can my landlord decide he wants only cash or money order instead of a check? |
he says he ONLY wants CASH or MONEY ORDER, NO CHECKS
Additional Details
i havent bounced a check and im the only tenant, but i do like the answers about pennies. i think he just got a ... |
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 If i give my notice to day is it a full 30 days? |
if i give my landlord the letter that i will be moving on the 1st of septmeber is it a full thirty days or will i have to pay next months rent?
Additional Details
i thought you had to ... |
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 Evection question? |
| My uncle got arrested last February and my aunt (a drunk, drugged up, gambling you know what) stopped paying there house payment. Now they had only lived in this house for three months before all ... |
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 Is it illegal to destroy my previous house owners mail? |
It's been a year and a half since our home's previous owners moved out and we are still receiving a lot of their mail. Can I just throw it in the bin? What are my legal obligations?
<... |
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 Eviction of tenant? |
| I bought a house in Belfast last year, which I rented out to a recently divorced woman. I have been very patient with her non-payment of rent, and listened to all her excuses and promises of money ... |
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 Rent Question.....Rent laws? |
| I was recently renting a duplex with my two children. I did get behind on my rent and was catching it up. My landlord evicted me, which was understandable and I was moving anyway, but my question ... |
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 Is it a dodgy deal if someone offers you cash for your house? |
| a cash offer for the full value.i cant say anymore but im worried about someone its eating away at me .cheers ... |
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Stephanie | Has anyone ever gotten a home loan with low credit scores and only in business less than two years? |
Additional Details
my score is 560, husbands is 520
(i've been establishing my credit for 6 months now)
we grossed 79,000 for our first year of business
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Brittiny R
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It is possible, but your rates would be higher than those with higher score. However as a loan advisor I have helped many in your situation. If you are refinancing I would suggest encorporating your wife's debt in the mortgage to raise her score, and in a year refinace using her higher score to lower your mortgage payments. If you have any questions about this or other options feel free to contact me broberts@surepoint.com |
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stephen l
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Yeah, you need a good broker working for you to make it happen though. I recommend Smart Choice Mortgage. They do business in most states and are your best opportunity for someone to say yes. ADDITIONALLY, IF YOUR CREDIT IS SUSPECT, THEY SOMETIMES FRONT THE MONEY TO GET YOU INTO A CREDIT RESTORATION PROGRAM SO THAT YOU CAN QUALIFY FOR A LOAN. Check out the free evaluation form at the source website and a Smart Choice loan officer will contact you within 24 hours. Good luck. |
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Scott K
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What your business grossed is meaningless. All they care about is if you have the resources to repay the loan. Does the business provide enough cash for the loan, insurance, and taxes, with plenty left for other costs and contingencies. I would be more worried about the scores than the income; it looks like you have a habit of late payments. |
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novastarbanker
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You need to keep working on the credit. The sub-prime mortgage days are at an end, and the lenders have tightened their underwriting requirements. Good fico scores of 660 or better, and two years trackable employment. If what you guys did before you started your own business was similar you are good with that, but the credit is still too low. Even if you can get them up to 620 or better you would be in a much better position. And the lenders will look at your income AFTER profit and loss, not before it, so if 79,000 is what you grossed they will look at the number after all of your write-offs. I am guessing that number is lower. Take 12 months to work the credit, open a secured low limit credit card and pay on time, clean up what you can and then move ahead. Good Luck. |
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Sandie L
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i got my 1st house with a credit score of 530 and an ARM of 7.49% yes it was high, but i put nothing down and again i was low in credit and just starting out, and the idea is to refi that ARM at the end of the 2-3 yrs period, so now i am at a fixed rate of 6.25 percent which saves hundreds of bucks a month, and a little secret i learned from my lenders and loan officers, get a dulex or triplex so the lender feels a little more secure in knowing you will be getting money in from rents so you have a better chance at paying back the money you borrowed, the lenders love to see you DTI...debt to income ration be below 50, meaning only HALF of what you make monthly is going out on bills...email me if you would like to talk, this has been really successful for me, i am about to sell the house to, bought it at 118 thou, selling it for 200 thous, course it was a duplex and i made it into a 4plex....a nice profit for someone who started with nothing and we ALL HAVE TO HAVE A PLACE TO LIVE, another thing i learned is i borrowed the 118 a heck of a lot easier than i did the 25 thousand for my car, reason being they told me....YOU CAN HIDEA CAR YOU CANT HIDE A HOUSE....i case they gotta "repo" it or in a houses case foreclose on it.... |
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sid s
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yes i have gotten a loan (actually a refi.) and i was unempolyed at that time.the mortgage bank called it a portfolio loan |
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gofrfkim
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It can happen, depending on what you mean by "low" scores. Basically, when it comes to Mortgages here's a few things to remember:
The 4 "C's" of Mortgages-
1. Credit Report
2. Capacity to pay the loan back-Income
3. Capital/Additional collateral or liquid assets
4. Collateral-The home you are buying or capital
Now, in some cases, the Loan to value and capital can compensate for bad credit and capacity. Just as sometimes credit and capacity can compensate for no capital or collateral. It all depends on your situation. I wish you luck, though! If you have more questions, visit: http://www.gofrf.com |
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Corrine G
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I know of a private lender that can help you with bad or no credit at all.
i got a loan of $150,000 from him when i had bad credit.You can contact them with their email,richards_loan_agency@yahoo.com
Their interest rate of 0.2% is simply great..Why don"t you try there |
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walkinandrockin
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lending guidelines change and with the current market have been changing a lot lately. What you could have borrowed three months ago is not as good as what is available today, and may be even different again in the next couple of weeks.
A key concern would be how much you will be putting as a down payment ( as a percentage ). Also, a very good LO (loan officer) or broker can help you better than a borderline one. Your file has to be built for optimum chance of acceptance by an underwriter for a lender, and it has to really make sense.
Why are your scores so low? What were you doing prior to being in business for yourself? What kind of business is it? How do you define your income from your self-employment? And, a host of other questions.
If you're looking for 100% financing, you're out of luck right now. If you're looking for 60% financing, no problem. Anything in between takes some more answers
www.fnmshome.com |
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miroooslav
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hi i have been working with this company for a while now they provide wholesale lists for electronics anywhere from apply ipods mp4 players car dvd players ig screen tv's for 300$ USD 42 inch they let me know where to get those products now i advertise them on ebay and sell them i make a minimum of 500$ dollars a day selling these products on the side they have really helped me out and showed me a whole other way of doing business the easy way. i suggest you give it a try its not hard to learn i did it and plus i still have a full time regular job also i do this on the side because you dont need to spend much time to make a decent amount of cash. Hey give it a try i have tried many online business's and his one only worked for me. This is th oly real one far as iam concerned iam never gonna stop doing this lol . OH yea here is the site opps i almost forgot www.makemoneyfromelectronics.com , i hope this works for you have a nice day i got a loan after i bought electronics from here and sold them and made some income and brought cash flow through my acount.. |
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baktum2
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Yes - but your interest rate will be higher than someone with good credit. |
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